Who are Runaway Merchants?
Runaway Merchants are current or prospective online sellers who would like to increase the variety of products they carry and sell, but do not wish to take on the risk of holding on to stocks. Unlike many other online sellers, Runaway Merchants get to showcase an impressive variety of products at their own online stores and keep their circle of customers continuously engaged with new products updates without having to spend initial capital on purchasing stocks. Runaway Merchants also get to change their store strategy or product range effortlessly the moment they realize they have captured the wrong market or have not been as focused as they would like to be in their store strategies. Runaway Merchants earn through sales commissions.
How Does It Work?
Runaway Pte Ltd will collaborate with distributors/
Benefits for Singapore’s Ecommerce Industry -
This concept is believed to be an effective solution to the Singapore ecommerce industry in the sense that it enables all players to reap the most benefit out of their ecommerce business by streamlining efforts. Runaway Distributors may save cost and effort on marketing, and be more focused on bringing in great products for Singapore consumers; while Runaway Merchants may minimize sunk cost from bringing in inferior supplies; and focus their efforts on marketing the products they carry.With cost and effort streamlined at both ends, the ecommerce industry becomes more effective as a whole, and generally much more structured. Consumers will also be exposed to interesting and innovative products that could not have been exposed to them due to high marketing costs.
Inviting Runaway Merchants and Runaway Distributors -
Runaway Pte Ltd is inviting online sellers to sign up as Runaway Merchants, with a membership fee of S$500, 90% refundable after a year of trying. Find more details here: http://runawaysg.com/
For those interested to be Runaway Distributors, please view details here: http://runawaysg.com/
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Runaway: sell online with brains.
We create the future for the online selling industry. Play with us.
Our vision: To be recognized as an unrivaled industry expert and market leader.