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They AREN'T making money??? You sure?

On average, it appears that Agon gets about 200 new classified ads per day. Even if you discount the fact that they have a number of dealers that get special bulk pricing and whatnot, one could still assume that just the listing fee on 150 per day amounts to $600 per day. If 25% of the items sell with a $10 transaction fee, that's another $375 per day. Let's call it $1,000 per day or $30K/month.

Costs are no more than $3K/month for infrastructure. But you also have the Agon dealers/stores and auctions plus advertisers that more than cover those costs.

It strikes me that it could easily be run as a 2 person operation, 3 max, so unless there some investor siphoning off a big chunk of the profits, I'd say they're making plenty of money. Not that Agon is any internet giant money maker, but it's surely capable of providing a nice living for a few folks.


-Rod


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