GoImagine Alternative: Finnalby Marketplace
Discover the distinctions between Finnalby Marketplace and GoImagine Marketplace, including their fees. Explore a $40.00 transaction outcome comparison in this comprehensive article.
GoImagine vs Finnalby
In the ever-evolving world of online marketplaces, Finnalby and GoImagine have emerged as prominent players. Both platforms offer unique features and services, making it essential for sellers to understand the true differences and likenesses. This article delves into a deep dive of the nuances of Finnalby Marketplace and GoImagine Marketplace, including a fee breakdown and a table illustrating a $40.00 transaction's outcomes on both platforms.
GoImagine
GoImagine is a handmade marketplace that has been in business now for approximately three years. It provides a platform for individual sellers to showcase their unique, handcrafted items to a US audience.
Finnalby
Finnalby is the new kid on the block launching in 2023. But I would not discount that one bit with what they bring to the table for their buyers and sellers.
Side By Side Comparisons
Product Categories
GoImagine: Fosters a niche community of sellers who focus on handmade, unique, and creative products.
Finnalby: Offers a diverse array of product categories, catering to a broad spectrum of sellers, ranging from artisans to collectors of vintage items. One distinctive feature of Finnalby is its dedicated sections for Handmade Products and Fine Art Products. Moreover, it provides a unique opportunity for sellers to list Online Courses, complete with the option to package materials into kits for sale alongside the classes. Additionally, sellers can create listings for Online Tutorials, which can be sold together with these material kits.
Vetting Process for Handmade Products
GoImagine: Has a seller application process, and has a team to scrutinize handmade products after the listing process.
Finnalby: Employs a rigorous product vetting process for handmade products, ensuring every product meets handmade standards before listing on the handmade section. Each product is evaluated by a staff member and must have photos or video to support its handmade process to be approved.
Fee Structure
GoImagine: Follows a subscription-based model, where sellers pay a monthly fee ($2.50 to $10.00 per month) to access the platform and a 5% Commission Fee on each sale.
Finnalby charges a 5.5% commission fee on each sale, allowing sellers to retain a significant portion of their earnings. Finnalby has no monthly fees or listing fees.
Payment Providers
GoImagine: Integrates with two payment providers, stripe and Paypal for buyers and sellers in their preferred transaction methods.
Finnalby: The platform provides seamless payment processing options from Stripe, ensuring secure transactions for both buyers and sellers.
Charity Involvement
GoImagine: Is committed to charity and actively engages in philanthropic activities, contributing to various causes.
Finnalby: Finnalbys owners actively participate in many charitable initiatives, supporting various causes and giving back to the local community.
Key Differences
Online Classes and Tutorial Options
GoImagine: This option does not exist for sellers on this platform.
Finnalby: Has a complete section for sellers to sell their online classes and online tutorials to the buyers.
Wholesale Options
GoImagine: This option does not exist for sellers on this platform.
Finnalby: Has a complete section for sellers to sell their wholesale products to the wholesale buyers.
Pricing Comparison $40.00 transaction
Finnalby
No Listing Fees or Subscription Fees
Product Price: $40.00
Finnalby's 5.5% Commission Fee: $2.20
Smooth Stripe Payment Processing
Earnings for the Seller: $37.80
GoImagine
Monthly Subscription Fee: $10.00
Product Price: $40.00
5% Commission Fee: $2.00
Stripe or PayPal Payment Processing
Earnings for the Seller after Subscription Fee: $28.00
Thoughts All in All
In the world of online platforms, GoImagine and Finnalby shine as similar but distinctive choices, each catering to specific needs and aspirations. Whether you're a creator looking to showcase your work or a learner seeking online education, understanding the differences between these platforms is essential for making the right choice. If you're focused solely on handmade items, GoImagine is a good option. However, if you're looking for a more versatile platform that offers the same handmade options, and educational resources, and advanced SEO features, Finnalby could be the right fit for you. Or maybe both sales channels might be the optimum choice.