Idea validation
Problem statement
Many entrepreneurs are into marketing, sales and business. They need a product and are not sure where to buy from a trusted source. The sources where they can buy the product are very expensive.
They don't want to spend time getting a project
The #1 problem I have seen with Flippa and the like is that the listings are full of spam. It's really hard to trust any of the lower-priced listings. Just yesterday, I saw a domain for sale in the SaaS category. It claimed revenue, but then didn't have valid numbers to go with the claims. Overall, it was very sketchy. That seems to be par for the course.
If I had confidence that I knew what I was getting, I would have no trouble buying from this site. However, I'm skeptical that a listing fee of $25 will let you do enough validation to give me comfort.
I think there's a market for going the other way -- higher listing fees for better quality of projects. For example, if I'm buying a side project could you certify that an independent programmer at your marketplace has been able to download the code and get it running? If it says it's done in Rails, has someone at the marketplace verified that it's not actually a crappy WordPress plugin? And does it do what the seller claims? On revenue, did the marketplace independently verify revenue claims (a screenshot doesn't do it!)?
A marketplace that did that kind of diligence on projects would be my only stop in buying projects.
Thank you @NakoQuant
Thats very helpful. I will focus on the things you have mentioned. Our platform will check the source codes and ensure the basic points mentioned by the developer hold.
All listings will go through the approval process. Scam/ Spammy listings like "angry badzz 2019" wont be allowed. I will work with the legal team and get this documented.
For the testing part i will update the landing page.
Thank you for your answer
As a seller:
I will be interested to list for free for sure since flippa and other popular marketplaces seem to be charging a lot at the moment.
I might also pay $5 to get my project featured too.
I would be interested in the SAAS verified tag for $25 if I can set a minimum selling price to my product.
As a buyer:
I might buy something that is related to my interest areas but as a buyer, I really don't like the idea of bidding. Probably a better deal for me would be some kind of contract with fixed price and also assurance from the seller regarding the services they might offer after purchase. Open bidding is not for me.
Also do you mind giving some feedback here?
https://www.indiehackers.com/post/0e372d17d3
Thanks
Very meaningful feedback mate.
That answers many questions.
How much price range do you think we are looking at for side projects-
Between $1-5k USD
I would definitely buy and sell side projects.
I do not think the tech is the point you buy with a SaaS project. It is always about the audience and the already paying customers...so having a tech check here is not a big value add.
Will you also have an escrow service? Maybe you should try to go even deeper into a niche, (So only a sort of SaaS) would help you to have a more narrow target for your marketing. Currently you are sort of addressing everyone and nobody.
Wish you the best luck for bidzcart.com!
Thank you for the answers @natan
Another point I can offer is - 'escrow service' as a form of trust.
And I love the idea of charging $20 for every project on platform. Do you think it can be recurring? I am unsure about it.
Absolutely would buy side projects if they are reasonably priced.
Awesome.. I will finish the website and the product MVP then after a few more replies :)
Verification step is sure great and needed, but do you think you can try out running an app for $25? Unless it's already Heroku-ready your costs for this may be way higher.
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Interesting. I guess its not only about being paid then.
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