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Creating a new online Market place

Discussion in 'General Business' started by nando, Jan 29, 2010.

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  1. #1
    Hey all

    i am a almost 2 years in domain and website flipping..i wana create a market place like flippa exclusive for buy sell trade.with lot of new ideas.. with lot of features...what do you think invesment i would be needing ?what are the revenue genrating methods ?will i be needing a big team to manage it ? your views and ideas welcome :)
     
    nando, Jan 29, 2010 IP
  2. Rian

    Rian Well-Known Member

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    #2
    I personally think that you will be wasting a lot of money.

    Firstly it is costly to get this type of service off the ground.

    Secondly, it is even more costly getting quality traffic to your service and getting people to sign up.

    Very few people will make use of these type of sites, especially due to sites like Flippa, which is already established and trusted.

    Just my 2 cents however.
     
    Rian, Jan 30, 2010 IP