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Swoopo clone website?

Discussion in 'Making Money' started by snoopsta, Jun 21, 2009.

  1. snoopsta

    snoopsta Newbie

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    Hey guys,

    Most of you would have heard of the popular Swoopo network of websites. They pulled in $28.3 million in 2008.

    I was wondering if anyone has had any luck in setting up a clone/similar website?

    Any tips on promoting this type of website?

    I've seen some sites having success promoting via the Adwords content network.
     
  2. snoopsta

    snoopsta Newbie

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    anyone?

    surely there are some ppl on BHW running sites like this
     
  3. jarhead

    jarhead Junior Member

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    Me and someone else were planning on it, but it never really happened.
    You make absolute shitloads with cent bidding
     
  4. Mason

    Mason Registered Member

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    You'll need a lot of startup money to get things going as you will not make money with the auctions if you don't have a lot of traffic. If you're going dive into a site like this, set up an affiliate program and set up a bot that will keep bidding until you make profit. I have my doubts about Swoopo already doing this. Completely shady but a real money maker.
     
    Last edited: Jun 23, 2009
  5. darklegion

    darklegion Regular Member

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    It is going to be hard to run such a site unless you are providing all the products. I am not really familiar with Swoopo but I do believe they provide the items that are being auctioned.

    You will need good start up money and perhaps drop ship from Amazon or something.
     
  6. Mason

    Mason Registered Member

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    I believe they are dropshipping a lot of their items. I remember seeing a video interview with their owner and he mentioned that they dropshipped some of their items. I am not sure if they still do that but I can imagine that if they used Amazon to dropship that it would seriously cut some of their expenses as Amazon usually has the best prices and free shipping with Amazon Prime.
     
  7. thedorf

    thedorf Senior Member

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    75 cents per bid and each bid is limited to 1 cent - that adds up quick. You can sell the products for less than cost and still make buck.
     
  8. jay2success

    jay2success Registered Member

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    There is swoopo clone in the internet but it's not working fully.
    I can set it up but several features is not working and requires modification.
    The clone comes with 9 templates and you can create your own.
    It's a very profitable business because many people want to create similar website like that.
    Hope it helps.
     
  9. Griller

    Griller BANNED BANNED

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    Setting up a bot would be about the quickest way to lose every single penny you put into the business. The second that someone even suspects you are using a bot to keep your auctions going, nobody will use your site, ever.
     
  10. thefish2010

    thefish2010 BANNED BANNED

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    People know the deal when using these sites - they know you're making more than the item costs. Like gambling, they think that they will be the lucky ones. You could guarantee yourself a profit by creating something like an "optional reserve price" - meaning that you can optionally extend the auction for 24 hours if the price hasn't hit $X by its end, but it will not always be extended. $X would be an insanely low number but would still give you a profit.

    For example, like $25 for a $1,000 TV. If you're charging $.60/bid and each bid increments $.01 you get $1,500 for your $1,000 TV. You make the reserve optional to keep people guessing - sometimes you will extend the auction, sometimes you won't (like when you're already way in the black and you can afford to burn some cash off). That way they would still bid when the price is still in the low prices.
     
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  11. CPA$$$

    CPA$$$ BANNED BANNED

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    That site is genius and makes an absolute killing. If you look at some of the past auctions however they do let some stuff go quite cheap. Maybe they just use a bot on some of the auctions.
     
  12. shalini1981

    shalini1981 Registered Member

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    Yes , we are creating bidding sites like this .
    Already done many
     
  13. MrDetails

    MrDetails Regular Member

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    Bots, lots of bots
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  14. shalini1981

    shalini1981 Registered Member

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    yes , we done more than 15 penny auction sites .
    Please let me know if you want to see the demo first .
     
  15. thizzladen

    thizzladen Power Member

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    Most, if not all, of the free penny auction clones/scripts that are shared free online don't even worked. Trust me, I've tried them all. If you're really serious about starting a penny auction site, you should have money to invest in script + traffic.
     
  16. Divinityfound

    Divinityfound Registered Member

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    Honestly...

    The most you need is $60 for a half decent server for two years, and a good grasp of programming, some serious social engineering, and you can get some people coming back and dropping hundreds to thousands a month for such a site.

    But I came up with a very different style of a penny auction which made serious money for me, but required a great deal of personal investment time.
     
  17. scutum

    scutum Newbie

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    Why did they change their name so many times Im wondering...