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How do you go about figuring out the optimal transaction rate for a marketplace?

Start too low, and if you try to increase it everybody will be up in arms. Start too high and you can't attract sellers (or at least they'll be dissatsified). Any advice on how to figure out your take rate and strike the right balance?

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Vivienne Lee
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Vivienne Lee Entrepreneur
Founder at YouMeWho
Are you selling nail wraps yourself or do you want to start an MLM business to have others sell on your behalf? You should study competitors. Jamberry sells regular nail wraps for $15, their sheets provide 2 manicures and 2 pedicures. Custom designs cost a bit more. NailSnaps and Glossique are priced around there too.
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