Steemshop escrow transaction walkthrough - FIRST SALE COMPLETE!steemCreated with Sketch.

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@jockey and I have walked through the first transaction using the @steemshop process using the @steemshopescrow account

...and we are pleased to announce that it works perfectly!


Why is the escrow account important?

Because it improves financial security during the transaction process.


Please follow these SIX SIMPLE STEPS to better understand this process:

STEP 1

Sales Post

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@samstonehill's sales post had been resteemed into the @steemshop account because he used #steemshop as one of his five tags

@steemshop has a dedicated team manning this process


@jockey informed @samstonehill that he wanted to buy his photo

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STEP 2

@jockey transferred 1 SBD to @steemshopescrow account

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Please use the original title of the sales post as your memo at this stage

It is worth noting that @steemshopescrow can be easily misspelt and Steemshop will not be held liable if you make a mistake.

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STEP 3

@samstonehill saw the payment had been made into @steemshopescrow account

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Using steemit.chat, @samstonehill then sent a wetransfer link to @jockey for the download of the high resolution royalty free photograph

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STEP 4

@jockey then informed @steemshop on steemit.chat to release the money to @samstonehill

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STEP 5

@steemshopescrow sent 1 SBD to @samstonehill using original sales title as the memo

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STEP 6

Finally @jockey sent 0.01 SBD to @steemshopescow with a memo confirming completion of transaction and any thoughts or comments.

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The 0.01 SBD will buy you a resteem into the @samstonehill and @jockey accounts who have a combined total of 1400 followers.


The benefits of Step 6

  • Successful transactions will be clearly visible in the @steemshopescrow wallet, building confidence within the community

  • The buyers can view previous successful transactions by the seller

  • The resteeming to an extra 1400+ follows will earn you extra pay-out from your sales post

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We hope this clarifies the escrow transaction process.

All suggestions welcome.

PLEASE HELP US TURBOCHARGE THIS PROCESS BY RESTEEMING THIS POST!

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Sort:  

wow, quite innovative. Am impressed

Very well put together thanks for sharing :)

I am really interested in selling through Steemshop...unfortunately my mind is pea sized when it comes to figuring these things out. I think we need a middle man who we can pay a % of the sale to complete the sale for us...like a SteemShop cashier :)

I know it is probably simple to most people, but then there are us others...

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Go Steemshop! =)

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