On Starting An Online Auction Marketplace
I am the founder of Municibid, an online auction marketplace where over 4,000 state and local governments and schools auction items that are no longer needed, forfeitures (seized items), and lost-and-found items to the public.
Founded in 2006, we’ve helped municipalities take advantage of the online marketplace to get 50-200% more for their items than they would with traditional sealed bids or newspaper ads. We don’t charge a penny for municipalities to use Municibid, so 100% of the proceeds they receive go back into the community.
Municibid is the easiest way for municipalities to sell their surplus. They pick the items they want to sell, take a few photos, fill in an item description, and that’s it. We do all of the heavy liftings with marketing their items, running the bidding system, and providing sales reports. Likewise, it’s a convenient and streamlined process for buyers to place bids and pick up items they win.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
