# Local penny auction website

A penny auction site for a local market, relying on manual bank transfers for payment since cards are rare, with plans to white-label it.

| Tag | Value | Confidence |
|---|---|---|
| Category | Directories and marketplaces | 46% (low) |
| Earns from | Marketplace cut | 85% |
| Startup cost (estimate) | $1k to $10k | 60% (low) |
| Time (estimate) | Part-time | 63% |
| Where | Online | 97% |
| Coding | Needs coding | 96% |

Source: [Ask HN: Are you working on any side projects that make "small/passive" income?](https://news.ycombinator.com/item?id=2358647), Hacker News, wiradikusuma, 2011-03-23
Page: https://allsidehustleideas.com/ideas/local-penny-auction-website-cc91ee

## About this data

- Sources are public, first-person accounts: interviews, podcasts and community threads.
- Cost, time and the other tags are machine estimates, each with a confidence score.
- Income figures are the owner's own claim. We don't verify them.
- Link the idea page and its source. Call income figures the owner's unverified claim, and cost and time estimates.