Wagglepop pops its clogs

Auction site Wagglepop is to close at the end of this month; after failing to find a buyer for the site as a going concern, it will be reborn as a “a 100% affiliate-driven marketplace through affiliate partnership agreement with Amazon”.

Originally launched in 2005 in response to eBay’s hike in Store subscription and final value fees, Wagglepop has closed down before – the first time, just a week after launching. If anyone fancies overseeing its next incarnation, the site remains for sale at $40,000.

Wagglepop is the second auction site announcing closure this month, as Tazbar made a similar announcement a couple of weeks back.

5 Responses on "Wagglepop pops its clogs"

1. 1
   Andy says:

   June 25, 2009 at 11:28 pm

   Valuation at websiteoutlook.com is just $6314.50. Where does $40K come from? Wishful thinking I think.

   http://websiteoutlook.com/www.wagglepop.com
   • 1.1
     Sue Bailey says:

     June 26, 2009 at 2:03 am

     Well hey…
     http://www.websiteoutlook.com/www.tamebay.com
2. 2
   ebuyerfb says:

   June 26, 2009 at 3:10 am

   Many people overvalue the worth of their site. For instance RepXChange tried to sell for $25000 last fall and Rottenbidders tried to sell for $10000. Neither of which ever happened. Feedback.com seems to think they are worth more than $1000000 yet they’ve never done anything but parked their domain. DiamondPoweseller.com says they won’t let theirs go cheap. On eBay you can buy what are clearly websites using a readily available script for hundreds or a few thousand dollars.

   Wagglepop is probably closer to reality than any of those sites.
3. 3
   Andy says:

   June 26, 2009 at 6:48 am

   #2 Sue, based on the Wagglepop valuation and price you should have tamebay.com on the market for about £200K then.
4. 4
   Chris Dawson says:

   June 26, 2009 at 9:50 am

   Hey Andy…. Get your cheque book out – it’s all yours as soon as the funds clear