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Author Topic: [Selling] Penny auction system (OFFER at 500$ for 4 first buyers) (2 left)  (Read 4234 times)
Nomteck
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February 25, 2016, 08:01:41 PM
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nickenburg
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February 26, 2016, 05:51:13 PM
 #2

Hey I might be interested in this, but I have a few questions.

When I am the owner of the franchise for my country.
Do I need to promote it myself?
And I will give you 25% of all profits?
The other 75% I need to further reinvest in the business as well?

And do you maybe have a link from the website how it looks please?
Nomteck
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February 26, 2016, 06:18:17 PM
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Hey I might be interested in this, but I have a few questions.

When I am the owner of the franchise for my country.
Do I need to promote it myself?
And I will give you 25% of all profits?
The other 75% I need to further reinvest in the business as well?

And do you maybe have a link from the website how it looks please?


Hello, as i say on the post. You give 25% only of the real benefit, not the one you need to reinvest to buy objects, pay server... Thats why everything has to be transparent.  So you would keep 75% of the real benefit, after reinvesting.

You can see website in the link i have on the post too. We offer also the Logo and images, or you can change it as you want. 

Yes you need to promote it, the best way is social net as we did.
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February 27, 2016, 03:10:42 PM
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I thought about doing this a couple of years ago, but the scripts were much more expensive. It's still interesting. I need to do some research.

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February 28, 2016, 11:13:31 PM
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I thought about doing this a couple of years ago, but the scripts were much more expensive. It's still interesting. I need to do some research.

Hello, as you can see what we offer is a bit different as we dont sell the scrypt, we share it for franchise, so with a very low cost we can choose who does a franchise and benefit everyone from it.

There are many scrypts about this, but most of them does not work, or have problemas with timers when there are many people bidding. Our software works perfectly.
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February 29, 2016, 04:01:21 PM
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There were problems with the original scripts people were using, have you fixed some of these:

People would bid for a long time, then someone new would jump in at the last moment. Can you lock auctions so new people can't bid after a certain number of bids?

Many sites use bots to place bids on low-volume items. Do you have bots built in?

Do you have a good marketing plan you can share, because sites have to be really busy for penny auctions to work.

So, people buy points instead of bids? (I don't read Spanish, it's hard for me to understand).

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February 29, 2016, 04:06:35 PM
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There were problems with the original scripts people were using, have you fixed some of these:

People would bid for a long time, then someone new would jump in at the last moment. Can you lock auctions so new people can't bid after a certain number of bids?

Many sites use bots to place bids on low-volume items. Do you have bots built in?

Do you have a good marketing plan you can share, because sites have to be really busy for penny auctions to work.

So, people buy points instead of bids? (I don't read Spanish, it's hard for me to understand).

Hello.

Well, the way of earning money is when new people enters to bid, so otheres keep bidding, if not you wouldnt get the money you need.

No, bots are illegal, so this is 100% legal. (Thats why we built a new auction system with subscriptions, so you make sure you earn enough money before auction begins, or you choose the normal penny auction).

Yes we have a marketing plan we can share. About SEO positioning, FB, twitter.

Yes, people buys points called Chollines. They buy this points in packs. And they can get some points inviting friends, giving like and following fb and twitter...

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February 29, 2016, 04:21:57 PM
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And I would need my own domain name and hosting?

And I would source all my own products in my own country (Canada)

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February 29, 2016, 05:03:38 PM
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Yes, you would need your own domain (apropiate to english) and hosting.  If he provided all that, then we wouldnt charge 100$, we would charge quite a lot more than that.
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February 29, 2016, 05:39:26 PM
 #10

Hello,

I am interested and i think this is a great idea.
I am willing to pay for the franchise but need more info regarding the running of this business.

Thanks

Duke

www.satoshination.com
Pakistans First Bitcoin Wallet.
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February 29, 2016, 11:41:30 PM
 #11

Hello,

I am interested and i think this is a great idea.
I am willing to pay for the franchise but need more info regarding the running of this business.

Thanks

Duke

Hello, you can write me on private, or ask the questions here and i will answer them. Thanks.
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March 01, 2016, 02:37:06 AM
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On a penny auction, people buy `points` before they can bid on items that you have for auction. Maybe they buy 50 `bids`in advance. Then they start to bid on an item. They have to use points to place bids. If 15 people bid on an item, they use 50 points to place those bids. So most of the money you earn will be from the sale of bids.

You should look at a couple of the other penny auction sites. If you have an item for $10, and there are 50 bids on it, if each bid costs .50, the item can sell for .50, and you`ll make $25.50 on the auction. But often bids sell for a lot less than .50, so you have to figure out how to make the number of bids high.

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March 01, 2016, 03:07:03 AM
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On a penny auction, people buy `points` before they can bid on items that you have for auction. Maybe they buy 50 `bids`in advance. Then they start to bid on an item. They have to use points to place bids. If 15 people bid on an item, they use 50 points to place those bids. So most of the money you earn will be from the sale of bids.

You should look at a couple of the other penny auction sites. If you have an item for $10, and there are 50 bids on it, if each bid costs .50, the item can sell for .50, and you`ll make $25.50 on the auction. But often bids sell for a lot less than .50, so you have to figure out how to make the number of bids high.

Yes, thats how it works. But i dont understand if you are answering someone, or do you have some question? I dont really understand why you wrote all that Tongue.
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March 01, 2016, 08:55:17 AM
 #14

Haha.
He just answered the top 3 questions I had.
I was trying to translate your site but for some reason it wasn't working.
Sat hunter the gentleman helped me get a solid idea about what this business is really about.

Op do you have skype ?

Regards

Duke

www.satoshination.com
Pakistans First Bitcoin Wallet.
Nomteck
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March 01, 2016, 12:29:02 PM
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Haha.
He just answered the top 3 questions I had.
I was trying to translate your site but for some reason it wasn't working.
Sat hunter the gentleman helped me get a solid idea about what this business is really about.

Op do you have skype ?

Regards

Duke

hahha ok ok.  Yes, you can add me: nomtekk
Nomteck
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March 01, 2016, 05:11:39 PM
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Reserved country: India

thewall
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March 03, 2016, 12:49:01 AM
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This seems odd.  Follow the money.
Nomteck
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March 03, 2016, 12:57:06 AM
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This seems odd.  Follow the money.

Well, its a business, for me and for others that wants to make it. Mutual benefit.  Thanks for your interesting comment.
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March 03, 2016, 12:59:43 AM
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This seems odd.  Follow the money.

Well, its a business, for me and for others that wants to make it. Mutual benefit.  Thanks for your interesting comment.

I'll follow, but I'm skeptic.  Thanks for the reply.
Nomteck
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March 03, 2016, 01:36:55 PM
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This seems odd.  Follow the money.

Well, its a business, for me and for others that wants to make it. Mutual benefit.  Thanks for your interesting comment.

I'll follow, but I'm skeptic.  Thanks for the reply.

you are welcome.
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