We are looking for an iphone app for our service DreamyBids.com, dreamybids is a competitive shopping site (also called penny auction). This is the only penny auction that allows you to host your own auctions. There is an auction up right now for our iPhone app development, the winner of the auction gets $3,500 to develop our app. This is not a free auction. 50 developers must each buy $55 in bids to compete in the auction. The winner of the the auction gets the gig. This is a GREAT way to get more work. No Flaky customers to worry about, if you win the auction you are guaranteed to get the money. If you don't win the auction, you could offer your own auction for an iphone app and let customers bid for your promotion. You can say 100 hours of iphone app development for $4,000 for example. A minimum of 50 consumers will each buy about $60 in bids to compete in your auction. You get your full $4,000, the winner of the auction gets 100 of iphone development for the $60 they used to buy bids. For the developer, this is really a great service and an AWESOME way to compete with outsourced pricing. For the consumer this is a GREAT way to either get your project developed for FREE by having developers bid for your project, or get your project developed at MASSIVE discounts by having developers bid for your project and you cover the difference if enough developers don't bid on your project. Hope you give us a look over.
This is actually worse than auctioning tangible products. Usually, the user tries to get a product and sometimes ends up winning it but putting in more money, now the user has the money and was ready to fork out some money. Your site is proposing for the developers who are looking to make money online to make a living to buy bids on a project that they have a 2% chance of winning, if this whole thing is not being tricked internally, if they don't get scammed. Your bidders are going to pay $2750 in total and you're giving out $750 extra from your pocket (or from the previous scams) so basically you are getting a lot of free labor here. For me, this seems to be a scam model.
Well this is the fearful way of looking at innovation. There are a lot of FREE auctions, I encourage you to try them out and see for yourself before making any claims. Here's the bottom line. With a successful auction, the developer is GUARANTEED to get the cash for the project. So internal tricking makes no sense. If the project up for auction is $2,000. The winning developer gets the FULL $2,000. Nothing less, nothing more. If the real cost of the project is only $750, you still keep the full $2,000. I simply don't see how it's possible for you to get scammed if you are getting the exact price you are suppose to get. You simply just don't understand the service and that's unfortunate. The service also works in reverse as stated above. You can host your own auctions and get your FULL asking price (minus site service fees if applicable).
Some developers will see the benefit, some will see the benefits later and some won't get it. If you are smart enough to do it right, you will not earn a loss.
49+ developers are going to go negative, because you're only rewarding one developer with the project. Doesn't even look like your site is having that much activity, so what if < 50 developers sign up? They just lose their money?
In any other service you are using now only 1 developer gets rewarded with the project so nothing changes there. The number of developers required to participate in the auction is based on the cost of the project. A $500 project will need 10 developers each buying $50 in bids (for example). If less than 50 developers take a seat, the client who's looking to get the project done then has a decision to make. They can pick up the difference, which still means they are getting their project at a discount or they can post pone or cancel the auction. If the auction is postponed to a date that's not comfortable for you, you can withdraw from the auction and get your bids back. If the auction is canceled you get your bids back. You can then sell your bids to other members if needed to get your money back.
but I'm not paying $50 dollars to throw my hat in the ring for a project. This is virtually the same idea as MLM where you have to pay someone money in order to get the job . The fact that you can withdraw and get your bids back is the only good part you have mentioned.
you should try the service, there are a few free auctions. You'll notice all you have to do is get good at how our penny auctions work. It's a worth while investment, $50 could get you a $3,500 job. If you are a serious business you'd spend that on google or facebook anyway. And neither of them come as close to getting you a gig at that amount as our service does in one shot.
why dont you just let me do it for you? seems to me that you, yourself dont want to pay for your own project... if you are serious with your business - you'd pay for your projects no harm intended... might also use your platform soon to sell my services...
That's the genius of the service. It's not just developers there's a guy right now looking to fix his car so he offered the repair work up for auction. Mechanics bid and the winner fixes it, the car owner pays nothing. It's REALLY cool if you think about it. The winner of the auction will also earn a contract agreement to be our main guy as we grow.
Not really sure why anyone would pay for an auction , that too $55 , that too for a person which 0 iTraders/feedback. Sense something fishy here. All the best !
You only talk about the successful developer, what about the other 49 that lost? They will surely care about it, developers are looking to make money and not lose. Admit it that you are looking for FREE labor, you want to pay only $750 for $3500 job.
I'm not looking to outsource, if you want to throw your hat in the ring participate in the auction. There are 2 auctions. One is for $5,000 in redesign work. That auction is 100% FREE to join. The other is for $3,500 towards our iphone app. That one isn't free to join. The auction winner gets the project. The best way to know what you'll be working on is to use the service as it's intended to be used.
There are 2 auctions. One is for $5,000 in redesign work. That auction is 100% FREE to join. There are PLENTY of FREE auctions that cost you nothing. You are free to visit our FB page and ask as many questions as you want to the current members.
Were are you getting this $750 number from? Who wouldn't want free labor? That's what the service is intended to provide. There's no hidden secret here. Developers pay to compete in the auction, the client gets the work done for as close to free as possible. The other 49 who lost can host their own auctions. Clients bid to win the discount of that developer. There's NO advertising service that you use that's not a bit of loss. From google to facebook. Our service gets you a MUCH better shot at landing a gig than any of the other advertising services.
Guys it's likely to be 10 or more projects a day listed on the site pretty soon. You could win 3 of those, 5 of those. We are looking at the possibility of tens of thousands of dollars a day in projects.
10 projects, that is $500 thrown at bids. What if the developer wins nothing? Also there is nothing to win here, the developer still has to work like any other developer, your system serves money loss.
You could spend $500 on google or facebook and not get a single REAL opportunity. Again, keep in mind you can also host your own auctions. You can put up an auction offering 100 hours of work at $3000 (for example). 30 people will buy $100 in bids to participated in the auction. The winner of the auction gets your 3,000 of web design for the $100 they spent on bids. Smart men and women like yourselves I'm sure will find it easy to stay in the positive using both options.