New Bid and Auctions Website

[Chris Ashdown]

ever heard of Gumtree?

Actually No never heard of them, but however big they are it must be easier than taking on ebay

Neither are for me though, happy with my sites for a living

 

[KidsBeeHappy]

Actually No never heard of them, but however big they are it must be easier than taking on ebay

Neither are for me though, happy with my sites for a living

Gumtree is owned by ebay.
They are the largest freeads site in the UK.

Gumtree offers a free outlet for all those small individual sellers that used to use ebay to sell off unwanted bits and pieces who are now busy screaming that ebay are too expensive these days.

 

[Chris Ashdown]

Just had a quick look

To complicated to see anything as jumbled up for sale and wanted, I was thinking Wanted only

 

[KidsBeeHappy]

Just had a quick look

To complicated to see anything as jumbled up for sale and wanted, I was thinking Wanted only

Point is that gumtree works along exactly the same way as the freeads newspapers do, therefore its not a new concept, just an old concept on a new medium.

Therefore, you don't have to educate users, and it's all very intuitative.

Your quick dismissal of gumtree as "too complicated" is naive, because although that's what you personally might think -hundreds of thousands of visitors clearly don't.

Bit like all the anti-ebay sites that are spawn from a sellers loss of faith in ebay - thinking like sellers not buyers. Buyers act differently, think differently, it is not their purpose to log onto the internet and buy YOUR item - its to buy "a" item, and places that work and have volume have choice. And that's what customers want.

 

[garyk]

Let me explain further.
There is a bidding system 'as such' but it is not a typical auction where only one person wins at the final final price, many of the same product can be won from the same listing. Imagine listing one item on eBay and gathering so much interest because of its incredibly low price that you now have 1000 people wanting one, you somehow have to now find 1000 products that are the same and let them all go at the same low price whilst also making profit and avoiding bankruptcy. In doing this you are creating even more traffic and interest and so on, this is what I have managed to achieve.
I wont go into details yet as you've only got a few months before launch, in which case I will be showing my face off around here a lot more.
stay tuned, LOL.

Thanks,
M.Chatterton

Hmmm the group buying sounds like groupon.com. There is nothing new or unique you offering. If you have a 7 figure marketing budget great, otherwise forget it.

 

[Esk247]

Madbid uses a different technique but can prove equally if not more expensive.

Bidding on items in 1penny increments only, with a countdown clock, mad bidding in the last few seconds, last person to bid a penny wins the item.

 

[m4ttch4tt]

Madbid uses a different technique but can prove equally if not more expensive.

Bidding on items in 1penny increments only, with a countdown clock, mad bidding in the last few seconds, last person to bid a penny wins the item.

Madbid is a freaking scam! Period.
I'm not aiming for penny auctions, my system can be incremented by any predetermind amount, £1-£10 preferably, depending on the demand and retail price of the product.

M.

 

[BdTS]

Hmmm the group buying sounds like groupon.com. There is nothing new or unique you offering. If you have a 7 figure marketing budget great, otherwise forget it.

Indeed.

Groupon and Living Social are the only players in the daily-deal sites market, and always will be.

Like you say, in terms of marketing it costs huge amounts of money.