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Today we would like to present to you a very promising latin american startup company: PrecioLandia.com. PrecioLandia is a new e-commerce platform connecting sellers and buyers from more than thirteen countries in Latin America. It has a very strong presence in the markets of Bolivia, Brasil, Mexico, Argentina and Venezuela, and is slowly growing in other countries as Colombia, Chile and Ecuador.
Daily, more than 200.000 users buy, sell and rate items in the website, which by word of mouth alone has become a household name for finding reasonably priced items and avoiding the “middle man”. Also, it presents a great oportunity for individuals, small, medium and big businesses to offers their products with minimum selling costs.
Preciolandia.com follows the Ebay.com and MercadoLibre (MELI) model: For shopping or selling on the website, you need to register first with all your personal or business information, and you start with an empty reputation. As you buy or sell, you start earning “trust points” that allow the counterpart to evaluate your credentials and complete the transaction. As it’s usually the case with auction and consumer-to-consumer websites, a strong reputation is usually a good indicator that you’ll complete the deal with no hassles.
If you are a seller, the publishing cost vary from being free up to 25 US dollars, depending on the publishing plan you choose, if you want your item to be “featured” in the website and how long you want the listing to be shown. If the transaction is completed, you have to pay a small percentage of the price of the item, between 3 to 10 percent, also depending on the plan you choose.
For the buyer, there are no extra fees and usually the offered items allow payments by all the major brand credit cards such as Visa, Mastercard and American Express, with the added benefit that it usually allows installments (or as they are called in Spanish: “Cuotas de Tarjetas de Credito”, or in Portuguese: “Pagamentos” )with zero percent interest, which provides an added benefit compared to “brick and mortar” shops.
As of today, more than 5 million items are offered on the website, and more are added everyday. Preciolandia.com has had a steady growth since its 2010 start, with a almost 10% monthly increase in visitors, and it is already one of the top 500 websites in Venezuela, top 1000 in Argentina, Bolivia and Ecuador, and top 2000 websites in the large markets of Mexico and Brasil, all according to a third party (Alexa.com).
I encourage you to pay the website a visit, and if you live in Latin America, PrecioLandia may be your one stop answer for your shopping and selling needs.
