CryptoTale has launched first of a kind non-fungible token (NFT) collection display which uses WebGL technology to allow a game-like 3D world experience to browse the artworks.
The collection initially launched with six custom NFTs including Rat Poison, Your Funds are SAFU, To The Moon, Bitcoin Pizza, Bitconeeeect, and Mt Gox. Each NFT is currently being auctioned and interested participants can bid from as low as 0.01 WETH.
The 3D artworks are reflecting events in cryptocurrency history like the infamous comments by billionaire investor Warren Buffet terming Bitcoin and cryptocurrencies as rat poison. The ten thousand Bitcoin pizza etc.
Overall, the auctioned NFTs are offering their potential collectors a piece of cryptocurrency history in a scarce virtual space. Since there are plans to convert game-like world’s land itself into NFTs. Essentially allowing other artists to potentially place their artwork on the same ground.
To bid for the artworks, interested parties can access the collectibles through OpenSea, the world’s largest NFT marketplace.
With the NFT market growing rapidly globally, CryptoTale plans to add more artworks in the future through collaboration with artists from different disciplines. The author behind the auctioned NFTs remains anonymous.
In recent months, NFTs have grown in popularity, with creators relying on the transformative role in ownership, commerce, and how creators connect directly with buyers, fans, and collectors.
This means establishing an online presence is more crucial than ever if you want to keep up with the competition, continue to expand your brand, and generate more annual revenue.
Luckily, we are here to show you how to start a successful eCommerce business, so that you can begin attracting, converting, and retaining loyal customers in no time.
1. Choose a Business Name
After deciding what you want to sell, you’ll need to choose a business name that will withstand the test of time. Make it easy to remember, relatable to your target audience, and personal – to give your business an edge against the competition.
2. Register a Domain Name and Build a Website
Typically, people aim to use their business name as their domain name. However, if that’s not possible, register a domain name that is at least compatible.
At the same time you are registering your domain name, you should be considering the platform you want to build your eCommerce site on. There are plenty of options including Shopify, which is an all-in-one solution, or other more customizable options such as WooCommerce (which is built on the WordPress CMS).
3. Find Products
You will need products to sell in your eCommerce shop. And sometimes, this can be a challenging process because startups can be expensive.
However, for those looking for an affordable way to get an eCommerce shop up and running, there is always the dropshipping method.
With dropshipping services you can find products you would like to include on your eCommerce shop and import them directly.
From there, customers purchase those products, you place an order with a third-party supplier, and they ship the item straight to your customer.
The dropshipping method is popular because it eliminates the need to stock and deliver inventory yourself.
4. Marketing & Retargeting
It is not enough to have an online presence. You need to invest some time into marketing your brand so your target audience learns you exist.
Here are some great ideas to get you started:
Create a “Coming Soon” page
Build landing pages leading site visitors down your sales funnel
Build an email list to stay in touch with customers
Publish consistent blog content to engage customers and build product interest
Utilize multiple social media platforms to interact with customers and share information
In addition, you will need to work on a concept called retargeting. This means finding ways to encourage those that visited your online shop, but didn’t buy anything¸ to come back and make a purchase after all.
According to Kissmetrics, the number one reason people abandon their shopping cart is unexpected shipping costs. Make sure to address all of the reasons people fail to finalize purchases and urge them to come back and try again.
Final Thoughts
In the end, starting an eCommerce shop is relatively easy to do. There are plenty of services and tools available to guide you through the process and make the startup process easier. As a result, you are able to focus on the important things, like getting customers to visit your shop and make purchases. For the Silo, Dimitry Karloff.
In 2016, consumers spent an estimated $14.3 USD billion on gifts for Father’s Day alone, not to mention billions more on gifts for other occasions like birthdays and winter holidays. Traditional “guy gifts” include things like power tools and sporting event tickets. However, if you’re looking for a quintessential men’s gift that’s truly timeless, then you may want to turn to the WatchBox by Govberg app for an assist with what to get for the deserving dudes in your life.
This apt app serves as a resource for locating the exact gift-able watch he’s sure to love. Or, if you also enjoy beautiful timepieces, then this app can help you discover what’s currently available in the marketplace. Whether for yourself or as a gift for another, WatchBox by Govberg is an elegant and streamlined way to curate collection-worthy watches—something the folks behind this app know a great deal about. Established a century ago, Govberg Jewelers is a premier purveyor of luxury timepieces, known for their unrivaled offerings that include limited-production models by leading watchmakers; an extensive pre-owned inventory; and decidedly service-minded industry experts.
The app offers several different features a true timepiece enthusiast will find useful. This includes access to up-to-date news from the watch world. This information is gathered in real-time from all over the globe, aggregating and delivering articles and video reviews from a myriad of popular blogs and magazines devoted to Swiss watches, including all of the industry’s leading brands.
Users can also discover the worth of different watches. Whether you want to sell a watch, buy a new or pre-owned model, make a trade, or are just curious about what a new or used (secondary market) watch you own is currently selling for, the WatchBox by Govberg app boasts pricing tools like a database packed with information on over 80,000 watch models. This includes a 12-month price history for each. With this foundational and in-depth knowledge base, you can intelligently buy, sell, and trade luxury timepieces and generally communicate with other users—or even Govberg’s own watch buying experts—right from the app.
Danny Govberg
The advent of this app’s secondary market watch pricing tools, in particular, is significant. According to Danny Govberg, CEO of Govberg Jewelers, “Prior to the WatchBox by Govberg app, dialogue about the value of pre-owned watches wasn’t addressed elsewhere in a consistent, transparent manner; nor was it designed to support and educate the consumer. While manufacturers establish MSRPs for primary (new) watches, there was no resource, no Kelley Blue Book or Zillow, for the pre-owned, or secondary, market watch category to help consumers feel at ease. That changes with this app…For the first time in the watch category, Govberg is providing transparency into what pieces trade for on the secondary, or pre-owned, market.”
Quite fascinating is the proprietary algorithm the app uses to estimate and compute market value. Govberg explains, “It evaluates historical and active sales records spanning the secondary market–online sales platforms, auction sales and Govberg’s own data. The data represents final sales to end users, and is not an appraisal nor offer to buy, but rather an educated starting point to assess the secondary market value of a particular model. All pricing makes assumptions on the quality, service history and completeness of a timepiece with original box and paperwork. The data strength takes into account the number of data points captured, the variability of the prices seen on the secondary market, how current the data is and the quality of the source/vendor within the market.”
Impressively, this app will even store information and photos of your existing watch collection. This can be a useful tool to keep up with warranties, service history and to maintain a record for insurance purposes. Also of practical use, you can even schedule watch maintenance and repairs from within the app.
According to Govberg, “As more customers see watch ownership less about having a time-telling device and more as a hobby for collecting the world’s most intricate instruments, WatchBox by Govberg supports the growing watch enthusiast with instant access to valuable information so he can make the best decisions to begin, grow, trade or sell his collection.”
Relative to gift-giving, instead of spending hours upon hours hunting for an idea in general—or for a specific timepiece—that the recipient might like, you can simply turn to this easy-to-use tech. You’ll save time, money and the guesswork often involved in finding the perfect present for those “special someones.”
Govberg perhaps summarizes the usefulness of this technology best, noting, “Whether you want to keep up on the latest industry news and product releases, manage your watch collection for social sharing or insurance purposes, or buy, sell or trade a new or pre-owned watch, WatchBox by Govberg is the ultimate toolbox for today’s watch collector.”
The free WatchBox by Govberg app is available for download for iOS devices on the App Store and Android devices in the Play Store.
For The Silo, By Merilee Kern, ‘The Luxe List’ Executive Editor.
As the Executive Editor and Producer of “The Luxe List,” Merilee Kern is an internationally-regarded consumer product trends expert and hospitality industry voice of authority–a travel, dining, leisure and lifestyle expert who spotlights noteworthy marketplace innovations, change makers, movers and shakers. She identifies and reports on exemplary travel destinations and experiences, extraordinary events and newsworthy products and services across all categories. Reach her online at www.TheLuxeList.com, on Twitter at www.Twitter.com/LuxeListEditor, on Facebook at www.Facebook.com/TheLuxeList and on Instagram at www.Instagram.com/LuxeListReviews.
***Some or all of the accommodations(s), experience(s), item(s) and/or service(s) detailed above may have been provided or sponsored at no cost to accommodate this review, but all opinions expressed are entirely those of Merilee Kern and have not been influenced in any way.***
