BarterOpps.com - Barter Opportunities
Price: $1,250
URL: http://www.barteropps.com
This website is a B2B Marketplace for exchange of goods and services without the use of money. Barter offers increased purchasing power, higher revenue, more clients, better cash flow, greater marketing opportunities and improved efficiency. It benefits companies and countries in exchanging goods and services rather than cash, and also enables those who are lacking “hard currency” to obtain goods and services.
Initially set-up as a free site for promotional purposes, the services rendered are ready to be charged for as you may decide - pay for listings or pay as subscription fees. You can set and increase or decrease prices as necessary. Basically, others buy and sell, you collect the fees.
What exactly the site does?
BarterOpps.com facilitates the exchange of goods and services on barter basis i.e. without the use of money. Intended primarily as a B2B place where companies and governments can list goods and service they have to offer and goods and services they wish to acquire in exchange. Interested bidders can submit their detailed offers from which the most suitable ones can be selected.
Persons interested in listing their offers and those making bids are required to register at the site first. He/She can then publish a detailed description of their offer, along with images, if necessary. The approximate value of the goods and services on offer are stated to give prospective bidders an idea about the volume of the deal. A listing is initially for 180 days and can be renewed or relisted if the offer is still valid.
BarterOpps.com - Domain Name
Barter Opportunities - that’s what this domain represents. Barter transaction opportunities is the theme or business model of this website. A short, easily remembered domain, conveys it’s purpose and meaning without any ambiguity or confusion. Will be worth in higher 4-figures for the name alone.
How much money can the site make?
To make the site popular, listings are free for the time being. Later it is intended to charge for each listing - pay per listing or on subscription basis giving the privilege of making certain number of listings for a certain period. Let’s say you decide to charge $25 per listing for 180 days - you may or may not charge for renewals. First, barter transactions in the B2B sphere are generally going to be large transactions. So a $25 fee is minuscule. Even at $25, 100 listings per month (which is no figure at all considering the size of the market) will bring in $2,500 in a month; 500 listings (which too is a small figure) will bring in $12,500; so on so forth. Depending on the exigencies of the market, you can increase or decrease the fee as needed. You can have featured and premier listings and charge a higher price.
Please, however, be very clear. To make money you must market your service. Initially you may need a lot of effort to popularize the site. Once the site starts getting popular, viral marketing will set in. The site, from there onwards, will market itself on its own. And you can make this money with no overheads. All you pay is for hosting and renewal of the domain name.
What are the site’s special features?
Built using PHP using MySQL database, the site is totally manageable from a browser based Site Admin. You can manage users, listings, subscriptions, configuration of the site - all from your web browser.
Several payment gateways are integrated with the site - PayPal, 2CheckOut or another processor. As stated earlier, you can charge pay per listing or on subscription basis giving the privilege of making certain number of listings for a certain period, featured listings, bold listings etc.
Users have their own control panel from where they can manage their listings, subscriptions, profiles. Users can add new listings, modify existing ones and delete the ones that are not required.
