...By auctioning off a playbook on how to acquire niche subreddits for $0.
The winning bid was $777.
It could have been higher, but I ran the auction on a Saturday.
So when I followed up with top bidders on Sunday to let them know we were closing soon, half of them were out with family.
And I also forgot to mention the timezone in some of my follow-ups.
Just said "closing at 1 AM."
One bidder really wanted to win but missed it because of my vague timing.
So I reached out to the winner and asked if I could offer the same thing to other top bidders. In exchange, he'd get something exclusive that nobody else would get.
He was kind enough to agree.
Sold it to 2 more people at the winning bid price.
Then I followed up with everyone else who bid and made them a 3-tier offer.
Most people grabbed the replay of my call with the winner. A couple picked the higher tier.
Total: $6,462.
More important than the money, the market told me what it's willing to pay for this offer right now.
That's what auctions do.
They validate offers and reveal pricing in real time.
This won't stop here.
The post is pinned on my profile. I'll keep making sales from it.
I'll post more content about owning subreddits and send people to that pinned post.
I'll also partner with people whose audiences would be interested in acquiring niche subreddits and run auctions there.
Auctions are fun.
And if you're sitting on a Facebook profile averaging 12 likes, thinking you can't make money, I hope this gives you hope.
P.S. If you know someone whose audience would be interested in acquiring niche subreddits for $0, message me "Reddit."