Archive for Cash Commerce

uSell’s 12 Gifts for Christmas

Over the past few weeks I’ve been getting into the holiday spirit by listening to Christmas songs.  I must have heard at least 5 different versions of the 12 days of Christmas. As I listened to the lyrics of the song and considered the ridiculous gifts it listed,  I decided to find out how much these gifts would actually cost if I went out and bought them today.

It turns out that in order to buy all of the French Hens, Turtle Doves and Partridges listed in the song it would cost about $107,300!  I don’t know about you, but I can think of a few things higher on my holiday wish-list than Turtle Doves. And if I came home with 9 dancing ladies, I’m sure that would be the end of my relationship.

» Read more..

uSell’s Merger with EcoSquid and Why We’re Excited About It

On July 26, uSell announced our merger with EcoSquid.  Everyone on the uSell team is excited, and Doug Feirstein (our CEO), Dan Brauser (our CFO) and I wanted to tell you why.

The reason we’re so excited about our merger is pretty simple.  EcoSquid has a great team and strong technology, and the merger of our two companies brings the best of both companies together.   The merger enables uSell to more quickly build the Consumer Cash Commerce Platform into one of the next great consumer eCommerce companies.

In just about any merger, the single most important success factor is how well the teams integrate.   We’re pleased to say that our combined team is off to a great start.  EcoSquid’s CEO Nik Raman and head of technology Christian Croft are extremely smart and talented, very driven, and have been a pleasure to both work with and get to know personally.  We’ve been very successful in integrating the two companies on an operational level, working closely with Nik and Christian for several months now building the uSell Consumer Cash Commerce Platform in anticipation of the merger.  Across all aspects of the business, the two companies and teams are working as one with impressive results.

In a short time, Nik, Christian and their talented IT team have built a solid technology platform at EcoSquid very cost efficiently.  We’ve already integrated the two companies’ key technology components to power the Cash Commerce Platform.  While every company aspires to have a technology platform that is scalable, stable and secure, the EcoSquid/uSell platform actually is.  As important, our IT platform has proven itself to be very nimble, and we’ve rolled out core system improvements and added features and functionality at an impressive pace.  Our IT integration has gone as well as the integration of the teams, and we’re excited about where Nik and Christian will take the platform in the coming months and beyond.

Our merger combines EcoSquid’s talented team and strong technology platform with uSell’s deep expertise in the marketing, customer care, and business and financial operations required to build a multi-billion dollar consumer eCommerce company.  The uSell team that’s merging with EcoSquid has significant experience in each of these areas.  It takes a full team with real business maturity, experience and just plain guts to properly execute and grow a business with as much potential as the uSell Consumer Cash Commerce Platform.  Over the 18 months that I’ve been fortunate enough to work with Doug and Dan, we’ve built that team at uSell, with strong leadership from Leigh Scherer, Annie Rubi, and Michael Brachfeld, and terrific  execution from their teams in marketing, operations, and finance. We’re all pretty pumped up about the opportunity ahead, and about executing on it with Nik and Christian alongside us on the team.

So there you have it- the simple reason why Doug, Dan, the rest of the team and I are excited about our merger with Nik, Christian and EcoSquid.  Two great teams are coming together with the right talent, technology and business model to build uSell into the next great consumer eCommerce company.

Woe Is Me! Cell phones and Electronics Really Do Lose Value Every Day

Drat. Darn. Shoot. GRA!

Between a weekend getaway and the potential hurricane bearing down, I just didn’t find the time to finalize my quote and send in all the used gadgets I was going to sell.

I came back online today, and alas!

  • PS3 Slim, 160 GB HDD: Would have gotten: $76. NOW $70
  • xBox 360 60 GB: Would have gotten: $59. NOW $43
  • Canon G3 Camera: Last week $5. NOW $5.
  • iPod Touch, 3rd Gen, 32 GB: Would have gotten $76. Now $74
  • iPad 32GB WiFi + 3G: Last week: $255. NOW $247

So two weeks ago, all this stuff was worth $471. Today it’s worth $439. My inaction cost me 32 bucks! I guess it’s true. Used electronics really do lose value every day.

Don’t make this mistake! Go to uSell.com now and find out how much your used electronics and cell phones are worth. Even if you’re not ready to pack up your stuff just yet, make sure to complete our partners’ online forms and request a shipping label. In most cases, this will lock in today’s price for at least 10 days and, in some cases, up to 30 days!

A Waste-Free Back to School Year

For many, this week marks the start of a new school year and vibrant shades of green to be eco-wise for the environment and our wallet. And really, who couldn’t use new ways to conserve resources and money? 

Go Green in Style         

Back-to-school shopping can leave our wallets thin, especially since kids outgrow their clothes in no time.  Thredup.com is a peer-to-peer online clothing exchange service for kids clothing.  It is an eco-conscious way to get fashionable and lovingly worn kids clothing at an affordable price with all the convenience of home shopping.  For only $5 a box + $10.95 shipping parents can easily swap clothes their kids have outgrown for great new items that fit.

Waste-Free Lunches

If you are packing lunches why not consider buying in bulk and storing the extra in reusable containers? Or try using cloth napkins and insulated tote bags to reduce waste.  If you decide to pack a lunch,  eco-friendly brands like, CrocodileCreek.com offer a wide selection of kid inspired, non-toxic, insulated lunch boxes and storage containers for snacks and drinks.  BuiltNY.com offers neoprene bags that are insulated, lightweight and adorable. Organic cloth bags by MimitheSardine.com wipe clean or can be machine washed.  If you want to receive a kinda free reusable lunch sack visit Annie’s Totally Natural All you have to do is purchase 4 items – one from each of the following companies: Annie’s Homegrown, Honest Kids, Seventh Generation, and Stonyfield YoKids.                                                                                           If only we can get our kids to eat their lunch.

Greening School Supplies  

There a few simple and cost effective ways to save and be greener with school supplies.  First of all, only buy what is on your child’s list.  Then take inventory of what you have left over from last year. Pencil cases, scissors, rulers, and notebooks can be reused and even made to look brand new with a good cleaning and a crafty make over.  Also, consider using biodegradable pens and pencils or try refillable pens and pencils.

Join the conversation and tell us how you go green during this time of year.

Everybody Needs Extra Cash™ :: Buffalo Exchange

Recycling and cash go together like Bert and Ernie.

Everybody wears clothes, right?  So why not sell your clothes and make some money? That’s recycling!

Buffalo Exchange is a national pioneer in the recycling of fashionable clothes for cash. Buffalo Exchange buys clothes directly from you and offers either trade or cash.  Trade is in the form of a store credit and has a higher value than the cash option.  For instance, four shirts and two pairs of jeans will fetch you a $50 trade for in-store credit or $35 cash.  It’s your choice.  To round out the feel good experience, if you accept a token instead of a bag for purchases, Buffalo Exchange will donate five cents to a charity of your choice. If clothes are not accepted for trade or cash, Buffalo Exchange will donate your clothes for you.

If you don’t have a Buffalo Exchange in your area, there may be a locally owned consignment store offering similar services, so check your local listings.

If you don’t need the cash, or can’t be bothered with the hassle of taking your goods to the store, charitable donation is always a good option for your karma and the charitable organization. Many organizations even come to your house with free pick up.  Donation Town is a search engine with organizations in your area that offer free pick up of clothing and other household item donations, making it easy to find local charitable organizations and to schedule a pick up.

From water bottles to clothing, most products have an end-of-life cycle that extends past a land fill or beyond one owner. The Everybody Needs Extra Cash™ blog series will highlight the many ways to earn money with your goods once you’re done with them.

Your Stocks Might be Worth Nothing, but your Phone Isn’t!

Today the Dow dropped 4.62%, falling to an 11 month low.  Personally, I find it awfully depressing to look at my stock portfolio, so I have decided that the best strategy is to ignore it.  For all of the other ignorers-of-stock-portfolios that are out there, I wanted to draw your attention to a more pleasant thought.  While you cannot control the ups and downs of the market, there are still some simple ways to put extra cash in your pocket.  The easiest way that I can think of is to walk over to your drawer, open it, and withdraw one of the five unused mobile phones that are sitting within it.

The average two year old phone is worth over $50.  Most people unknowingly have a good chunk of value sitting right in their drawer.  On uSell.com, you can unlock this value by turning these phones into cash.  Take a look at the following chart that shows the top 5 selling cell phones on uSell this month and their average selling prices.

here:

Phone Model Resale Price
HTC EVO 4G $105
iPhone 3G 8GB $68
iPhone 3GS 16GB $150
Blackberry Bold $77
Apple iPhone 4 16GB $245

If you have a Droid, iPhone, or Blackberry sitting around, chances are you are sitting on a good amount of cash.  So instead of watching your stock portfolio take a downward spiral, take control of your life, and turn some of your old gadgets into cash!

Building The uSell Consumer Cash Commerce Platform – Part 1 – Because Everybody Needs Extra Cash

Chuck Wallace here, President & COO of uSell.  Greetings to each of you in this my first post to the uSell Blog.   I want to share my thoughts with you on why the uSell team is working so hard to build The uSell Consumer Cash Commerce Platform.

We’re working 24/7/365 building The Consumer Cash Commerce Platform because Everybody Needs Extra Cash. This is more than just a slick positioning statement; it’s a fact of everyday life for all of us.  Today, more than ever in these very tough economic times, people need ways to generate extra cash.  That’s what uSell is all about.  We’re building the Internet destination where everyone can generate much-needed extra money by quickly, conveniently and securely selling their items for top prices.

So the consumer need is clear and urgent.  And today, online consumer behavior, technology, and inventory processing have advanced to a point that enables uSell to build an innovative consumer reverse-commerce company.

And I want to emphasize the importance of a consumer’s ability to sell his or her items Quickly, Conveniently and Securely at uSell for Top Cash.  It’s core to our business, it’s at the center of everything the uSell team does, and it’s what separates selling on uSell from selling through other means.  At uSell consumers sell their items directly to only the most established and reputable companies. Companies that not only offer top prices, but as important, companies that have efficient and secure processing and payments, and great customer care.

The companies on the uSell Consumer Cash Commerce Platform seamlessly handle all the shipping, processing and payment details – and of course provide top quality customer care.  This makes your uSell experience distinctly different from trying to sell items yourself by posting them through online sales and auction sites.  Simply put, with uSell, you avoid all the shipping hassles, payment uncertainty, security concerns, and general inconvenience of trying to sell items yourself.

So that’s why the uSell team is dedicated to building the uSell Consumer Cash Commerce Platform.  Today everybody out there can use some extra cash – and we’re dedicated to helping them get it.

In this post I’ve discussed the urgent consumer need behind uSell building the Consumer Cash Commerce Platform.  I’ve labeled it Part 1 because in subsequent posts, I’ll talk about the three groups in addition to consumers that we’re building uSell and the Cash Commerce Platform for: our employees, our business partners, and our investors.