Innovation That Matters

On Brazilian site, anyone can create an online store for commission-based sales

Retail

Genstok not only enables users to build a virtual store but also helps them to source stock by connecting product suppliers with the would-be sellers.

We’ve seen several tools for helping businesses create an online storefront, including tinypay.me, but Brazilian Genstok takes such e-commerce efforts a step further by enabling users to stock these stores as well. Specifically, Genstok connects product suppliers with would-be sellers for commission-based partnerships. Users of Genstok begin by creating a virtual store on the site and choosing what kinds of products they’d like to sell; options include everything from lipsticks to electronics. Users also decide what kind of commission they’d like to earn from within a set range. They then populate their store with the chosen products and offer them up for sale online. All inventory is shipped directly by suppliers, so there’s no need to stock products at home. Each sale, meanwhile, earns a commission from the supplier that provided it. There’s no end in sight to the fresh new ways there are for sellsumers to earn cash online. E-commerce entrepreneurs – one to emulate in your area? Spotted by: Dheymerson Garcia

Email: contato@genstok.com.br

Website: www.genstok.com.br