1. This site uses cookies. By continuing to use this site, you are agreeing to our use of cookies. Learn More.

Flippa - 400% Price Increase

Discussion in 'Site Flipping' started by bryanon, Oct 26, 2011.

  1. bryanon

    bryanon Executive VIP Premium Member

    Joined:
    Oct 16, 2009
    Messages:
    1,395
    Likes Received:
    1,479
    I've posted the following someplace else a few minutes ago, but though it would make sense to cross-post it here on BHW as well, as I'm sure many of you who hang around here are interested in this and would want to add your comments.

    ----

    Good morning everybody! (well, not so much of a "good" morning for many of us)

    As some of you have probably already seen, Flippa have recently made an announcement via their blog about some updates to their pricing structure.

    The blog post is pretty long and winding, but here's a quick recap:

    Featuring your listing now costs $50 (instead of $40). A 25% increase - not that bad. I'm personally not worried.

    The price of the Privacy upgrade (the "Hide ended listing from public view" feature) has been reduced from $100 to $30 (maybe someone will actually start using it now!)

    And most importantly, the Success fee cap has increased from $500 to $2,000 - a completely insignificant 400% increase.

    In lights of Flippa's recent change in pricing that Thomas wrote about in this thread, my question is - will any of the regular mid-rage ($15k to $100k) sellers - let alone brokers that deal with this range - list their sites on Flippa ever again?

    In light of those changes, I for one only see the point in listing low-end (below $10k) sites on Flippa. For mid-range sites their updated pricing is utterly ridiculous, and as most of us know, for high-end sites Flippa hasn't ever been too great of a platform.

    Very interested to see other people's comments on this, and if we're lucky we'll get Andrew to pop by and perhaps elaborate on the reasoning behind this price increase (the need to get rid of brokers and serial sellers?)

    Cheers,
    Bryan

    EDIT: Corrected a factual error. Nothing to do with the main point of this post, though - the increase of the success fee cap.
     
    • Thanks Thanks x 7
    Last edited: Oct 26, 2011
  2. poweronics

    poweronics Jr. VIP Jr. VIP Premium Member

    Joined:
    May 1, 2011
    Messages:
    3,117
    Likes Received:
    353
    Occupation:
    Freelancer
    Home Page:
    This seems to be a real step to get control of things out there at Flippa.However some other marketplaces may get an advantage of that as they can lower their prices and also lure brokers as well as buyers/sellers to their side.
     
  3. bryanon

    bryanon Executive VIP Premium Member

    Joined:
    Oct 16, 2009
    Messages:
    1,395
    Likes Received:
    1,479
    Correct. And this (a new strong marketplace or three popping up) is the most likely scenario as well.

    There's been demand for a serious marketplace that's focused on high-end listings for ages - far before Flippa started making it ridiculously expensive to list $10k+ sites - and while there's a countless number of wannabe-marketplaces around (those that will not in a million years take off), there's also a lot of serious players who can do some real damage if they want to.

    It's all a matter of time.

    Bryan
     
  4. rakoom2002

    rakoom2002 Supreme Member

    Joined:
    Jun 5, 2011
    Messages:
    1,207
    Likes Received:
    873
    Occupation:
    SuperStar Threads
    Location:
    PDX Oregon
    Ya its bullshit. I just spent $140 to sell a website, not including success. three featured and the listing fee.
     
  5. rakoom2002

    rakoom2002 Supreme Member

    Joined:
    Jun 5, 2011
    Messages:
    1,207
    Likes Received:
    873
    Occupation:
    SuperStar Threads
    Location:
    PDX Oregon
    thats what happens when there's a monopoly. This total screws Everyone. I sold a site for like $500 and it ate like all of the profit.
     
  6. Spawn

    Spawn Jr. VIP Jr. VIP

    Joined:
    Jun 20, 2009
    Messages:
    1,166
    Likes Received:
    391
    Occupation:
    Quality Articles for $1
    Home Page:
    yea we should raise hell!i have some big sites a wanna sell and this sure pisses me off!
     
  7. MojoSoDope

    MojoSoDope Regular Member

    Joined:
    Feb 6, 2011
    Messages:
    304
    Likes Received:
    333
    This might be the downfall for Flippa.
    They made a wrong move, watch another site come
    into the scene, and end their monopoly.
     
  8. link-package

    link-package Junior Member

    Joined:
    May 4, 2011
    Messages:
    107
    Likes Received:
    13
    400% increase?
    so do you get more bidders/potential buyers or they are just being greedy?
     
  9. Razvan

    Razvan Power Member

    Joined:
    Jun 1, 2009
    Messages:
    516
    Likes Received:
    289
    greedy i guess, they started to feel like they are the Gods of site selling , which they are for now , but if they keep it like this they will fall soon
     
  10. sidaz

    sidaz Regular Member

    Joined:
    Jan 25, 2010
    Messages:
    381
    Likes Received:
    104
    Alterntives for flippa ?
     
  11. steelballs

    steelballs BANNED BANNED

    Joined:
    Dec 5, 2008
    Messages:
    1,832
    Likes Received:
    4,562
    Hubris and arrogance is often found in markets where there are not enough competing players. However what has obviously been overlooked by Flippa!

    Is that Joe Public and buyers and sellers of websites are NOT STUPID!

    To all the honchos at FLIPPA when you SHAFT FOLKS WHEN YOU AT THE TOP OF YOUR GAME!

    They will WAIT then DOUBLE SHAFT YOU AS FLIPPA BEGINS THE SLIPPERY SLIDE TO OBSCURITY and BANKRUPTCY!

    The timing of this news in the middle of a worldwide recession is NAÏVE IN THE EXTREME!
     
  12. cookiemonste

    cookiemonste Jr. VIP Jr. VIP Premium Member

    Joined:
    Aug 9, 2009
    Messages:
    209
    Likes Received:
    91
    what are some other places to sell websites?
     
  13. sidaz

    sidaz Regular Member

    Joined:
    Jan 25, 2010
    Messages:
    381
    Likes Received:
    104
    ebay.com
     
  14. moeatwa

    moeatwa Regular Member

    Joined:
    Jul 23, 2011
    Messages:
    486
    Likes Received:
    475
    Occupation:
    Material Engineering Undergrad Student/ Blackhat I
    Location:
    Land of the Nile
    Well... that's the end of site-flipping for a lil' ol' noob like me... :confused:
     
  15. NVBpro

    NVBpro Registered Member

    Joined:
    Jul 27, 2011
    Messages:
    94
    Likes Received:
    34
    A Flippa alternative and even better will come very, very soon, stay tuned guys ;)
     
  16. sonobby1

    sonobby1 Regular Member

    Joined:
    Mar 3, 2009
    Messages:
    236
    Likes Received:
    31
    Location:
    Uk
    I was /still are a member of Dnforum dot com, ok its mainly domain names , but they also sell sites. Its a good place to sell your sites/domain names.
     
  17. KamBhai

    KamBhai Power Member

    Joined:
    Aug 13, 2010
    Messages:
    693
    Likes Received:
    599
    Gender:
    Male
    Occupation:
    IM
    Location:
    Sweet Home
    Guys stop complaining... Flippa needs our money, but they are too shy to ask for it directly... So they came up with this...
     
  18. black jack

    black jack Registered Member

    Joined:
    Oct 8, 2008
    Messages:
    76
    Likes Received:
    2

    lol true bro

    they just suckin our $$ like snakes