Flippa Flips a Switch, and Sells Stop

hero76 said:

I agree, it is similar to the monopoly apple has on cell phones. the common man doesn't want to touch android and there really isn't windows or even a 3rd option. sickening when you think there are 6 billion people on earth with cell phones!

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Maybe in your country, but worldwide Android has beat iOS for several years. It's a completely different situation with websites. Flippa is a place for selling, like eBay. eBay was once a place for ordinary people to sell, now it's more focused on retailers.

You have all the needed skills to do this:

https://www.humanproofdesigns.com/services/

And, yes, you'll have to build your customer base, but it's very doable.

I'm wondering if people are jumping in here to promote random websites. Yes, it is doable, and very expensive, as has been repeated on this thread several times.

Lilith55 said:

You have all the needed skills to do this:

https://www.humanproofdesigns.com/services/

And, yes, you'll have to build your customer base, but it's very doable.

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One of the listed websites there: http://mygreenhealthshop.com/

$1797 lmao

Jayder said:

One of the listed websites there: http://mygreenhealthshop.com/

$1797 lmao

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Not surprised though. I've seen a site that was selling "starter sites" @ $2500 a piece, and they didn't look much better. Pretty viable business when the Shopify-craze started though.

<- silly boy who declined a $147,000 offer and got banned from PayPal later making the website useless lolol.

Any regular Flippa sellers seen an increase in sales after things settled down? I used to have at least 45 sites at any one time, but now it's practically nothing. Not sure if it's worth the expense to get started again.

shifubill said:

Any regular Flippa sellers seen an increase in sales after things settled down? I used to have at least 45 sites at any one time, but now it's practically nothing. Not sure if it's worth the expense to get started again.

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I was comming back to the thread to see if there were any updates, but I can see that most people just want to promote their websites without real discussion, anyway I don't think the market has recovered, specially since the main filters to see the websites are based on price, if there were some sites with ridiculous prices, this (I think) have increased the ridiculousness.

patadeperro said:

I don't think the market has recovered, specially since the main filters to see the websites are based on price, if there were some sites with ridiculous prices, this (I think) have increased the ridiculousness.

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You mean that higher priced sites are getting more exposure? That would fit with what they seem to be focusing on now.

Jayder said:

One of the listed websites there: http://mygreenhealthshop.com/

$1797 lmao

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For a price like that, the domain is ugly af

I was a former Flippa Scammer. I found out about Flippa from Google years ago and bought my first site for only $80. It was a site selling social media followers and likes. I messaged people on social media to sell the services. Made some money for a few months then I flipped the website on Flippa for $400. Sometime after I sold another money making site I created for $10,000. Then I noticed other sellers was using fake proof to sell new websites for thousands.

Flippa at the time helped me quit my job. I was making thousands a month selling new websites as money making sites even thought they didn't make one dollar or no real traffic. It was so easy to list back then and every listing had 1,000+ views. My sites sold for $2000-$10,000 each. I was in my 20s with a lot of money coming in. I re-invested it into my real money making sites and Bitcoin at the time. I knew one day the Flippa Gold Rush would come down to an end. I recommend just selling sites to local business owners for more along with a few starter sites.

Also flip your money making sites. Flippa is very strict nowadays, then even want your driver license and info just to sell lol I got so many accounts banned now. Flippa is still good for one rainy day. A lot of newbies! Alot of people not good with due diligence. Ppl like Tai Lopez, Alex Becker, etc love newbies lol Flippa sellers love newbies. Flippa is losing a lot of revenue now. They should of kept being a open marketplace instead of actual website brokers. Their customer service for Flippa Escrow sucks lol Good luck!

mrlucky247 said:

I re-invested it into my real money making sites and Bitcoin at the time.

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This is where I didn't do well. I was making enough to live well-ish and I got married at the time, and I tried to get a few other things started over the years, but nothing that lasted long. Now I'm still working on new projects but without much money to put into them.

shifubill said:

Any regular Flippa sellers seen an increase in sales after things settled down? I used to have at least 45 sites at any one time, but now it's practically nothing. Not sure if it's worth the expense to get started again.

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Are you the Irish lady selling blogs?

I'm no feckin' lady!

Seriously, who do you mean? I'm sure it's not me.

prettytoney said:

I'm in the same situation as OP. I'm selling starter sites on Flippa for 2 years but in the past year I've been listing my sites with the $249 premium upgraded auction. Most of my sites was selling for $6-800, recently I've sold several sites for $1500-2000 and suddenly it stopped. My latest site sold for approx $100(I used to get $80-$100 bids in the first 24hrs). However while the basic listing fee has increased, the premium listing fee has decreased from $249 to $65. That means much more competition. Until now very few listed their starter sites with the premium because $249 was big money for a starter site listing. Now the competition is huge, there are 3x-4x more featured starter listings. This will make almost impossible to sell sites without the $65 featured listing but it will be much more harder and less profitable to sell them even with the featured. In my opinion at least.
OP you can try featured listings if you haven't because you only need 2 serious bidders to push the price to even thousands. But currently I feel like the buyers who have $2000 ready to pay for a starter site the ones who can't find my listings anymore. Or at least it's much harder for them to find it. There's also shopify exchange where you can sell sites although I don't have experience with it. And that's for Shopify sites only obviously.

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You need to think outside the box and find new markets outside of Flippa. If you are genuinely providing good quality starter sites you WILL find new opportunities.

KevinRB said:

You need to think outside the box and find new markets outside of Flippa. If you are genuinely providing good quality starter sites you WILL find new opportunities.

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Cool, got any? Cuz' lots of people have been trying, even here on BHW, and nothing matches Flippa's targeted traffic. Not yet. I think a better answer is finding a new way to work within Flippa, which is what I'm occasionally working on. Their traffic is dropping though, and has been for awhile. Another marketplace may rise, but I think the days of the starter sites have played out and it's time to go on to other projects.

Flippa's traffic and sales have been constantly going downhill for quite few years now even though they are still in denial. Nowdays, after the recent update I see around 30-35 website sales per day when this time last year it used to be around 60-70. I have never seen 50 sites sold in a single day after the recent update. I have also seen alarming drop in the no of sites listed per day. From what I have read online their domain sales have taken worse hit than their website sales.

I think their end is near as they clearly don't have the market segment in the type of product they are trying to push now. They are just banking on listing fees nowdays so don't be surprised if they get reduced into a brokerage firm in the future.

They have non-existent support with alarmingly no phone support, even their premium listing comes with a priority support of 24 hours response time - what a joke.

They have 35% one star rating on trust pilot for a reason and are constantly begging these days for submitting reviews.

KnightRider said:

Flippa's traffic and sales have been constantly going downhill for quite few years now even though they are still in denial. Nowdays, after the recent update I see around 30-35 website sales per day when this time last year it used to be around 60-70. I have never seen 50 sites sold in a single day after the recent update. I have also seen alarming drop in the no of sites listed per day. From what I have read online their domain sales have taken worse hit than their website sales.

I think their end is near as they clearly don't have the market segment in the type of product they are trying to push now. They are just banking on listing fees nowdays so don't be surprised if they get reduced into a brokerage firm in the future.

They have non-existent support with alarmingly no phone support, even their premium listing comes with a priority support of 24 hours response time - what a joke.

They have 35% one star rating on trust pilot for a reason and are constantly begging these days for submitting reviews.

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You probably haven't checked for awhile. I don't know what the percent is, but they are up to "Great" on TrustPilot. Since the new CEO took over, they have been working to get that number up. The CEO even personally replied to a few negative comments. They are asking customers to make comments, but fair enough, a lot of companies do. Maybe they are doing so selectively, but they are getting a few negative comments.

I never thought of looking at their daily sales, but I'm not surprised. In the end, the lack of listings could be good for those who keep selling. Less competition. Domain drop off isn't a very big deal. There are plenty of other places to sell them.

I was always fine with their support. Occasional problems, but not much.

Talking of their new CEO, I suspect he wants to flip Flippa. I think he was selling luxury yachts or something like that before. Domains and cheap starter sites are beneath him. I'm guessing he wants to raise the profile of the marketplace. Business-wise, it's not a bad decision, but I think he would have been better off spinning off a separate company. Have the best of two worlds.

shifubill said:

You probably haven't checked for awhile. I don't know what the percent is, but they are up to "Great" on TrustPilot. Since the new CEO took over, they have been working to get that number up. The CEO even personally replied to a few negative comments. They are asking customers to make comments, but fair enough, a lot of companies do. Maybe they are doing so selectively, but they are getting a few negative comments.

I never thought of looking at their daily sales, but I'm not surprised. In the end, the lack of listings could be good for those who keep selling. Less competition. Domain drop off isn't a very big deal. There are plenty of other places to sell them.

I was always fine with their support. Occasional problems, but not much.

Talking of their new CEO, I suspect he wants to flip Flippa. I think he was selling luxury yachts or something like that before. Domains and cheap starter sites are beneath him. I'm guessing he wants to raise the profile of the marketplace. Business-wise, it's not a bad decision, but I think he would have been better off spinning off a separate company. Have the best of two worlds.

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https://www.trustpilot.com/review/www.flippa.com

Still 34% (119 out of 350) of the reviews are bad. Not sure how trust worthy TrustPilot itself is as they have ended up giving it a overall great rating despite astounding no of bad reviews.

As for support it is a well known fact that they prioritize support depending on where you are located. While taking about their support it is very common that two people will have polar opposite experiences to share. Their support used to be great around 7-8 years ago but now they just don't give a shit. If you search any threads related to Flippa few years back you'd definitely see a Flippa support staff personally responding to it and it was not just on this forum only but all the major IM forums. Over time, they just became lazy when they realized they were the only player in the game and stopped improving alltogether. I agree with you that the new owner is trying to turn things around support wise but I personally feel it is too little, too late.

As for their new approach, they are trying to set sail on a yacht in a desert, I just don't see it working.

KnightRider said:

Still 34% (119 out of 350) of the reviews are bad. Not sure how trust worthy TrustPilot itself is as they have ended up giving it a overall great rating despite astounding no of bad reviews.

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Oh, yeah. I misread your comment. The star ratings must mostly count for more recent reviews. That would explain how they raised it so fast.