The 31-year-old Dutch entrepreneur, with a background in financial services since 2011, launched an auction site in April 2017. This site primarily targets the Netherlands and Belgium, offering potential for international growth through multilingual expansions. The business operation requires an estimated 12 hours per week, including customer support, planning, and marketing. Customers purchase bid credits to participate in auctions, and winners receive products directly from partners.
The business model highlights include the flexibility of operating from anywhere, automation of processes, and being the sole active player in the Dutch and Belgium markets. Opportunities for growth include international expansion, paid content promotions, and introducing new revenue streams such as affiliate and direct advertising.
Current administration duties involve daily customer support, weekly planning, and basic bookkeeping for Dutch sales taxes. Fulfillment processes require ordering and shipping products to customers. Marketing efforts focus on analyzing advertisement responses, optimizing budget spending, and exploring new product auctions based on tech trends.
The key customer demographic is predominantly male (60%) and aged 18 to 34 years (49%), with 70% residing in the Netherlands and 30% in Belgium. Acquisitions are driven through marketplace ads, mainly from a leading Dutch platform, accounting for 32% of traffic. Another 31% consists of mailing promotions, while the remaining 37% comes from direct or organic searches. Customer retention is maintained through a mailing list of 36,000 active subscribers, featuring a 10% open rate.
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Before making an offer
1. Look for verified sellers. Sellers should verify their email, phone, and government ID. When a seller has completed all verifications, we identify them with a checkmark like this:
2. Review financials. Financials are seller-provided inputs. Always ask for verified financials. Ask for a tax return or request access to their dashboard. if it’s an ecommerce store get a transaction report.
3. Review traffic. Sellers can grant you access to Google Analytics. Ask for read-only access to verify site traffic.
4. Schedule a call. Communication is key. The best way to find out more is to speak directly with the seller. For your protection, keep all communication within Flippa.
5. Make the offer on Flippa. We’re here to help. Flippa does not charge buyers and by making an offer on Flippa you’ll get access to our post-sales support team.
1. Agreements & Contracts.
Connect with a US-based lawyer or purchase asset-specific template legal documents via Flippa Legal.
2. Conduct Due Diligence.
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