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  1. #1
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    Is market place the right place to sell this site?

    Hi all,

    I have a very well established jewellery site that has been going for 2.5 years.

    It has a proven revenue of approx $100,000 USD over this period of time. And it is a UK based site.

    My question is after looking at the other sites in the market place they all look very techie.... is this the right place to sell this business/website? Or should I be thinking of somewhere else?
    Kind Regards,

    Richard

  2. #2
    SitePoint Guru
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    The marketplace is the right place. You would list it under Premium Sites.

  3. #3
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    What would your recommendation be for the value start the bidding at?

  4. #4
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    And is there any screening to ensure only legitimate bids are placed?

  5. #5
    SitePoint Guru
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    The best price for a starting bid, I find, is $1. It attracts attention and gets active bidding going. If you wish to control a minimum price do it via a reserve rather than a high starting bid.

    You can dig around a bit into the background of each bidder but there have been numerous cases of bidders not paying up. That's a chance you take.

  6. #6
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    Thanks for your help with this.

    Last few questions:

    1. Can you close the auction early?
    2. Do you have to accept the highest offer?
    3. Would there be the right clients on this site for a jewellers?
    4. What happens if I get an offer outside of this auction to sell? i.e. I'm committed to this auction... so??


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