Some of you might remember that Auctionpus used to be a reasonably popular domain auction site back in the day. In my opinion, the concept is great: an octopus which points to 8 auctions through its tentacles, it’s basically a “quality over quantity” approach which revolves around only eight auctions receiving exposure at any given point.
The thing is though, it required a lot of attention and since I’m involved with so many different projects, it was hard for me to give it the tlc it deserves. Therefore, I ended up deciding to sell and at a certain point, would have even been willing to accept $2,000 for it. A great deal for a custom coded site which actually did quite well in the past but nobody wanted to buy.
I then thought I could perhaps partner up with someone and tried that angle as well but none of those who contacted me had any realistic business models. This brings me to today’s post, I honestly have no idea what to do.
On the one hand, I really like the concept and think it has potential. On the other hand though, with the upcoming launch of my book and all that good stuff, there’s no way I can devote the time it takes to revive Auctionpus.
Should I sell? Well, I tried but even selling for $2k was problematic. If I lower the price further, I’d end up giving it away.
Find a partner? Easier said than done, I’ve tried it.
Re-launch it with some kind of a twist which makes running it less time consuming?
Maybe you guys can come up with something more creative, feel free to comment or shoot me an email at admin@domainingtips.com. The site is currently live, I’ve published some test auctions so that people can see how it works, feel free to check it out if you weren’t in the industry back when it received its 15 minutes of fame 🙂
August 5th, 2015 at 5:35 pm
When I was a kid we had Carvel Ice Cream shops and they were on tv advertising their ice cream cakes with a similar name. If I were you I would look into ice cream sales on the domain. Everyone likes ice cream. https://en.wikipedia.org/wiki/Cookie_Puss
August 5th, 2015 at 6:49 pm
Selling it for whatever you can get, whatever you’ve spent is probably a sunk cost.