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Internet auction company seeking first round funding
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Company Name:
Auction Junkie
Industry:
Internet
Number of Employees:
1
Capital Needs:
$50,001 - $100,000
Location:
Newport News, VA
Company Website:
www.auctionjunkie.net
RaiseCapital Website:
www.raisecapital.com/auctionjunkie
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Description
We are a company specializing in online auctions similar to ebay. Currently we are looking for funding for regional advertising and some inventory for our penny auction section. We have been in business for 14 months without any outside funding but must seek funding for proper exposure to increase brand awareness. We are also a proud member of the BBB. We offer buyers and sellers a marketplace to sell at a flat 3% rate fee, while offering the buyer a safe and friendly community environment to purchase goods.
Our main website http://www.auctionjunkie.net is a marketplace for buyers and sellers to purchase or sell new and used products. Currently we prohibit adult items, firearms, and counterfeit products. Membership is FREE! Sellers can listing products get 3 Free pictures, and the option to add "buy it now" and/or a reserve, and/or Free starting price. No sale = No fees, and if the item sells, there is only a 3% flat fee.
Our secondary website http://pennyauctions.auctionjunkie.net is a penny auction marketplace where buyers can purchase items up to 90% below retail. This portion of our site is the most profitable with the potential to bring in 3 - 10 times the cost of the item which is purely profit. This market is for buyers looking for good deals. For more information and a visual example, please email us at sales@auctionjunkie.net We are looking for initial funding of 10,000 to 100,000 for advertising, working capital,& inventory.
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by Auctionjunkie
Thanks for stopping by to look at our profile! We are looking for serious inquiries and investors. If you found our information on raisecapital.com, please reference this in your correspondence with us.
Thanks!
Jay
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May 26, 2009 | 0 comments
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