Development of an online auction websites

Building an Auction site

Before preparing auction portals, you should choose the type of online auction, product groups that should be sold on your platform, and the business model of the portal. Since the business model is the most important in the process of creating portals, let's start with it.

Before ordering a website, you must decide which market segment you will attract. What problems you will solve for visitors. How you will “force” them to use the portal services and how you will provide the necessary income to return the money invested in preparing the site, in promotion, in advertising and to generate income.

To get answers to these questions, it is necessary to draw up a business model and a marketing plan for a startup, on the basis of which IT company specialists should write a technical profile of the future site. Offering the necessary functionality. Having sent potential contractors the requirements arising from the business and marketing plan, you should receive not only the necessary price offers, but also functional descriptions of the future site. Thus, you will have the opportunity to check the contractor's knowledge of the online auction (also applicable in the case of other projects), the coincidence of your ideas and the professionalism of the approach.

1. Before creating a startup, create a business model
2. Clearly define sources of return on investment
3. Get an idea of ​​all potential expenses
4. Select a contractor based on experience and work done
5. Get commercial offers from potential contractors
6. Research and compare the proposed functions
7. Compare prices only after assessing the quality
8. Choose the best price offer from similar offers
9. Request to draw up a contract and technical description.