Melnick declined to speculate about how the new offering would shape Reverb’s direction as a business, but he said he expects it to accelerate the company’s overall growth. The move will help Reverb expand its addressable market, with the additional benefit of adding a product category in which people make more frequent purchases. The new platform will go live later this year. Melnick said planning for Reverb LP started late last year, and that active development started this spring. “Our curation approach will carry over the same philosophy we have for Reverb, which is marrying machine learning with human editorial voice and control.” “We'll be bringing our same quality standard to content for Reverb LP, but the subject matter allows us to be broader in how we talk about music, which really excites us,” said Melnick. Melnick said the new platform will build on the content and curation model that has helped Reverb make a name for itself in the music gear business. Smashing Pumpkins frontman Billy Corgan will be opening a Reverb store with more than 100 items later this month. This feature is currently used by musicians like Wilco and Black Sabbath drummer Bill Ward to sell used equipment and other collectables. Like, Reverb LP will let sellers build branded online storefronts that are powered by its e-commerce platform. Reverb LP will also be open to other physical music formats. Melnick, who leads strategy for Reverb LP, believes Reverb’s built-in community and experience from the music gear vertical will help it break into the record market. “The demand exists, but the current options for buying and selling records online - whether you run a store or just have a personal obsession, like me - is cumbersome.”įor collectors on the lookout for something special, Reverb LP features advanced search functionalities and the ability to set up an alert when a particular album comes into stock. “This year, new vinyl record sales are expected to see double-digit growth for the seventh year in a row and that doesn’t account for the vast used market,” said COO Dan Melnick in a statement. On Friday, the company announced that it is launching a new e-commerce platform, Reverb LP, for music collectors. Seems like Discogs Payments is pretty promising, but everyone does not use it (which needs to change).Through its sleek online storefront, careful curation and targeted content strategy, has gone from a scrappy upstart to the world’s largest music gear website in only four years. Thankfully I'm not interested in selling, but Discogs should really consider how to make things easier for people who have any kind of problems with paypal. They told me I had violated one of their terms and that's ALL the info they given me in all of my "prodding" for info on what I did. So my number one thing is REQUIRING credit card to be a standard option as well as paypal. I signed up for them, and about 5 minutes later, saw that they were closing soon which made me angrier by each second. So I found Reverb LP and saw that they made credit card a standard payment option as well as paypal. I was screwed over by paypal, and after much prying them to get an answer for why they banned me they still gave me no answer and so I can't use the dipsh*ts anymore. If you want to start selling, get unbanned from Paypal would be my advice. Somewhere in the middle we switched from vinyl LPs & cassettes to CDs (there was a brief period when had to do all three formats) It soon dawned on me that we. I accept bank transfer, but only 3 customers have ever paid that way, likely as there is no way to reclaim money if things go wrong. The method you are maybe thinking of is by bank transfer, although this offers zero buyer protection. Unless you have a merchant account with a credit card processor or own a physical retail store I would guess that you can't do this right now.Īnd you know buyers can still make chargeback on credit card payments? Credit card does not offer seller protection anymore than Paypal does. So my number one thing is REQUIRING credit card to be a standard option as well as paypal.Īnd paypal is a sh*tty company so I'm not capitalizing their name.īanned by Paypal - context? (Were you using a VPN at the time? They can ban you for that, despite that everyone is encouraged to use VPNs these days)Īre you sure you can process credit card payments yourself? Many sellers say they "Accept credit card" without realising they don't have the means to process payments themselves.
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