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Old 03-01-2007, 08:26 AM
Sniper Sniper is offline
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Join Date: Jun 2005
Location: Finance Forum
Posts: 12,364
Default Re: I have an idea, but where do I start?

[ QUOTE ]
Godaddy has a stupid "rule" that says if you are reported to be spamming and found guilty they can take your domain from you. This is whether or not you use them for hosting - just registering your domain with them is enough for them to take it.

[/ QUOTE ]

Bradley,

Can you post up a copy of the relevant section of GoDaddy's T&C?
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  #2  
Old 03-01-2007, 08:12 PM
Quercus Quercus is offline
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Join Date: Aug 2004
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Default Re: I have an idea, but where do I start?

I'm in the apparel business.

Here are some things that you'll need to know:

* Getting known brands to sell to new retailers can be difficult. Getting known brands to sell to new retailers who plan on using the Internet as their primary channel can be even more difficult. Getting higher end brands to sell to new, online, ventures is almost impossible. There is a reason you don't see signs all over the place from people offering deep discounts on popular clothing brands.
* Apparel is inventory intensive. You can't sell what you don't have, and in every style you carry you'll have to carry a variety of sizes. The costs of carrying that merchandise are high. Turn your inventory over often and you are on easy street. Don't, and you're sunk.
* Returns and exchanges are a fact of life. You will get a certain percentage of what you sell returned to you. What that percentage is depends largely on what you sell and who you sell it to. Some of what you receive back can be rehabbed and resold, but a fair amount of it will have to be thrown away. Make sure you keep that in mind when setting your discount structure.
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