Auction Sites

[Nathan]

Has anyone ever run an auction site?

If so, how did it go and what software did you use? Were you able to get people interested or does everyone just do Ebay?

 

[Joe]

I have about $3K into my auction site (software, customization, layout, hosting...). So far, its been a total bust. I'll invest another $7K or so, but if it dosent take off, i may give up on it.

I just had a lawyer write up rules for a "list and win" contest, I'll be giving away a $5,000.00 gift certificate to a high end bike shop. To enter, you just need to list one item. Basic listings are free. My goal is to promote the contest like all hell, and hope for ~25,000 listings.

I have noticed, that most of the listings on the site rank extremly well in the SE's, the ~100 or so items that have been listed pull in about 300 unique visitors a day.

Software used: http://www.xcauction.com/
URL: http://www.bicyclebid.com/

I'll be glad to give you more info if interested... PM me.

 

[floris]

I haven't, and I won't. There are too many complications and legal issues to go through before kicking it off.