Rocket Internet's Musical Endeavour

Rocket internet is never sitting still. Among the recent activities of the Germany based incubator, has been the founding of Bandist, an online market place for Musical instruments.   

Business model

Selling musical instruments solely online, has already proven itself as a valid business model by for example Siccas Guitars (Karlsruhe, Germany).  Bandist will however offer its services as a market place: Music shops and private sellers are enabled to open a shop on Bandist and benefit the market place promoting and selling features. According to the Bandist - FAQ, advertising on Bandist will be free of charge. A 5% fee will be imposed on transactions however. 

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