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Old 05-01-2009, 07:15 AM   #1
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Default Is TradeBit Legit?

Hi,

I really don't know whether or not I should actually buy from them. The link is SELL DOWNLOADS: Stock Photo Sales, Sell MP3s, Sell Software and they are selling expensive stuff at ridiculously cheap prices.

Are they ok to support?

Thanks,
Sebastian

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Old 05-01-2009, 08:39 PM   #2
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Default Re: Is TradeBit Legit?

Looks okay to me from a brief review. I don't see any complaints right off the bat.

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Old 05-01-2009, 09:07 PM   #3
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Default Re: Is TradeBit Legit?

The site is legit. I personally sell some products
on it too.

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Old 05-01-2009, 10:32 PM   #4
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Default Re: Is TradeBit Legit?

They are a german site and very legit..and they pay to!
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Old 05-01-2009, 10:43 PM   #5
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Default Re: Is TradeBit Legit?

Very legit!!! Don't worry about a thing.
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Old 05-02-2009, 02:58 AM   #6
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Default Re: Is TradeBit Legit?

I love to see if there is already someone who makes big bucks on Tradebit.
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Old 05-02-2009, 07:59 AM   #7
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Default Re: Is TradeBit Legit?

Raz,

I've been using Tradebit for quite some time now. Currently, I can earn a couple hundred extra a month from my online store. Sometimes a bit more. However, if I was really applying myself to this endeavor, and not being lazy, I could earn lots more.

Before the whole recession thing, I was able to earn around $1,000+ a month solely from Tradebit sales. Obviously, due to the economy slump, and the influx of new store owners, this has gone down quite a bit. But still, that extra few hundred comes in handy for the little extras I want each month

Adding to that, I was with Tradebit almost from the beginning and during those years, you were charged a monthly fee, sort of like hosting, for running your online store. Now, the owner(s) have sinced moved to a 20% fee for every product you sell. Smartest thing they could have done IMO because they are now earning hand over fist from all their merchants.

Even so, you can find some good bargains via Tradebit. But I suggest you use caution when buying as there are some merchants that try and resell products they have no rights to.

With that said though, the site administrator(s) do a very good job of removing these products when they are reported or found not to be 'legit'. So, to answer the OP's question, yes, you should be safe when purchasing products from Tradebit merchants.

If anyone else has any questions about Tradebit, please send me a PM and I'd be happy to chat with you about my own personal experiences.


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Old 05-02-2009, 08:04 AM   #8
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Default Re: Is TradeBit Legit?

Is this an affiliate program?
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Old 05-02-2009, 08:08 AM   #9
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Default Re: Is TradeBit Legit?

Yes and no Traffic-Bug.

Yes because Tradebit has a "built in" affiliate program that you can utilize when you sign up with a free account and then promote certain merchants you select. Merchants will have the ability to turn their affiliate programs "on" if they choose to.

Now, if you make an affiliate sale for a merchant, Tradebit will take out your 'cut' of the sale and send it to your PayPal account.

No because utilizing the affiliate function as a merchant isn't a requirement to participate in. Personally, I don't really use this function, so I don't know if the payout schedule is the same for merchants, but I assume it is. With that said, payout days for merchants fall on every Wednesday of the week.

Tradebit makes the payouts directly to merchants PayPal accounts for the amount of sales brought in for the previous week, which ends on Sunday. I know this sounds a bit confusing, but once you get started with Tradebit, you'll get to know all there ins and outs.


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Old 05-02-2009, 03:07 PM   #10
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Default Re: Is TradeBit Legit?

Tracy, if you don't mind, I want to ask you these questions:

1. How many files you sell on Tradebit?

2. What is the average price for the files you sell on Tradebit?

Thanks in advance.
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Old 05-02-2009, 03:28 PM   #11
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Default Re: Is TradeBit Legit?

Raz,

I have a couple hundred products up for sale via my Tradebit store, and without huge limitations on size, file and store allotment sizes, I am always free to add more.

The average price is around $10 for most products I sell with others being priced higher. And of course some priced lower, depending on the products.

I try to stick to the author's suggested selling price as much as possible. But sometimes I do offer pretty good bargains. Although, I don't sell my products as cheap as others on Tradebit.

I try to keep within a reasonable price range for my products.

Even though Tradebit was set up to act as a 'micro payment processing' type of set up, you can really charge any price you wish for your products.


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Old 05-02-2009, 03:34 PM   #12
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Default Re: Is TradeBit Legit?

Quote:
Originally Posted by Tracy Yates View Post
Raz,

I've been using Tradebit for quite some time now. Currently, I can earn a couple hundred extra a month from my online store. Sometimes a bit more. However, if I was really applying myself to this endeavor, and not being lazy, I could earn lots more.

Before the whole recession thing, I was able to earn around $1,000+ a month solely from Tradebit sales. Obviously, due to the economy slump, and the influx of new store owners, this has gone down quite a bit. But still, that extra few hundred comes in handy for the little extras I want each month

Adding to that, I was with Tradebit almost from the beginning and during those years, you were charged a monthly fee, sort of like hosting, for running your online store. Now, the owner(s) have sinced moved to a 20% fee for every product you sell. Smartest thing they could have done IMO because they are now earning hand over fist from all their merchants.

Even so, you can find some good bargains via Tradebit. But I suggest you use caution when buying as there are some merchants that try and resell products they have no rights to.

With that said though, the site administrator(s) do a very good job of removing these products when they are reported or found not to be 'legit'. So, to answer the OP's question, yes, you should be safe when purchasing products from Tradebit merchants.

If anyone else has any questions about Tradebit, please send me a PM and I'd be happy to chat with you about my own personal experiences.


Tracy
Thanks a million I was interested in using them now I have a better idea.

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Old 05-14-2009, 02:24 AM   #13
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Default Re: Is TradeBit Legit?

Thanks Tracy.
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Old 05-16-2009, 11:39 PM   #14
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Default Re: Is TradeBit Legit?

Legitmate - YES!

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Old 11-16-2009, 07:08 AM   #15
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Default Re: Is TradeBit Legit?

I purchased an electronic manual from them through Paypal. The manual has missing units. I have been having a hard time receiving any support, refund or the missing units. I would be very careful before purchasing anything from them.
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Old 11-16-2009, 07:13 AM   #16
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Default Re: Is TradeBit Legit?

Quote:
Originally Posted by lthaig View Post
I purchased an electronic manual from them through Paypal. The manual has missing units. I have been having a hard time receiving any support, refund or the missing units. I would be very careful before purchasing anything from them.
You can contact the direct Tradebit support via email. This information is emailed to you along with your download codes. Look for that email that was sent to you from Tradebit and at the very bottom, you should see a support email address that deals with download problems.

Sometimes, when the files are larger, and sellers do not use the FTP uploading solution, those files can become corrupt, or not upload all the way, causing problems for buyers.

Also, I think every seller on Tradebit should post up a "contact me" email address directly on their "Contact" page.

Reason being is because whenever a customer sends a message through the Tradebit contact form, there's no way to reply back to the customer. Unless they leave you their contact email address within the message they send to you.


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Old 11-16-2009, 07:23 AM   #17
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Default Re: Is TradeBit Legit?

Thank you. I have tried all of the mentioned.
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Old 11-16-2009, 08:44 AM   #18
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Default Re: Is TradeBit Legit?

Yes, very legit! Ralf runs a very tight ship over there! If there are ever any problems, he's right there to rectify them.

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