Lovd
Lovd, formerly known as Chums and Ezly, is a New York-based company that offers a platform for buying and selling high-margin used goods, with a focus on quick delivery and integration with eBay.
Company Name and History
Lovd, formerly known as Chums and Ezly, is a company located in New York, NY, USA. The company operates within the consumer industry and sub-industry, focusing on facilitating the buying and selling of previously owned goods. Lovd was part of the Y-Combinator Winter 2021 (W21) batch. The company serves regions including the United States of America, America/Canada, and supports remote operations, both fully and partially.
Services Offered by Lovd
Lovd provides a platform for buying and selling pre-owned goods with a focus on quick, efficient delivery services within 24 hours exclusively in New York City. The company also offers a dropshipping platform for high-margin used goods. Key features of Lovd’s platform include integration with eBay for easy selling, one-click profit, zero upfront costs, high-margin inventory, and rapid delivery. New users can benefit from a free 14-day trial with various pricing plans to suit all business types and sizes, starting at $0.00 USD monthly.
Integration with eBay and Future Plans
Lovd integrates directly with eBay, enabling users to add products to their eBay account with a single click, automatic tracking number uploads, and automatic shipments. Suppliers listed on Lovd consist of vetted, high-end resellers with extensive sales experience on platforms like eBay, Amazon, and their own online stores. Lovd charges a 2.9% payment processing fee but does not take any commission from sales. Future integration plans include expanding to Amazon and Shopify.
Pricing Plans and Cost Structure
Lovd offers flexible pricing plans based on the number of products listed. Reseller plans start from $30 a month up to $99 a month. The platform supports unlimited inventory listing for suppliers with no upfront costs, charging only a 2.9% payment processing fee. Resellers can set their own sale prices, and Lovd does not take a commission from sales. The company supports returns on most items if there are issues such as wrong color or damage, although some items may be final sale.
Support and Resources
Lovd provides comprehensive support through its help center, which offers articles and guides for both suppliers and resellers. The platform includes a multi-step sign-up process for suppliers that requires personal and company information, focusing on Shopify store owners. This ensures a streamlined onboarding process for new users looking to benefit from Lovd’s services.