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Flippa is dead

Discussion in 'Site Flipping' started by BillyRayValentine, Dec 3, 2010.

  1. BillyRayValentine

    BillyRayValentine Regular Member

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    Increase in fees. The upgrades which you need if people are going to see you auction.

    Is anyone else having a tough time on flippa? Is it going the same way as ebay?
     
  2. roberteb

    roberteb Regular Member

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    I'm finding it harder these days as well. Although I don't do a lot of site flipping I've found over the last 6 months or so more competion and prices are higher.

    So many make money flipping websites guru products are on the market that everyone thinks filpping websites is the new way to fame and riches. I believe it's still possible to make money this way it's just not as easy.
     
  3. nice1

    nice1 Regular Member

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    i dont think anyone realises the true nature of flipping - and like any other market poeple go between one story (hearsay and another )

    truth is non one does flipping compared to other niches ---

    and flippa is always gonna be a good market
     
  4. nufaman

    nufaman Elite Member

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    Flippa sucks. Lots of morons selling crap sites that make $100 a month and asking $20,000 for them
     
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  5. BillyRayValentine

    BillyRayValentine Regular Member

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    I figure to sell a site for $1k+ I'll need atleast 2xfeatured listings, so that is $100 an auction. Say it takes 3 auctions to sell (buyer pulls out/no sale etc).

    Joke.
     
  6. teeniegenie

    teeniegenie Supreme Member

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    OP, love your BHW ID.

    I'd be curious to hear what MeatHead1234 thinks of Flippa. He definitely has some experience with it...
     
  7. J1218

    J1218 Power Member

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    If a buyer fails to pay, Flippa will refund any fees and relist your site for free. So if you featured it twice, you would get an $80 credit to your account.

    Flippa is definitely not dead just because they increased their fees. I'm not thrilled about the price increase myself, but I guess I see why they did it.

    At only $29 to feature your auction in the past, people's listings were only staying on the front page for a very short period of time. With the higher price, they hope to allow your listing to stay on page 1 for longer since not as many people will be buying featured listings.

    Maybe it will help keep the garbage sites off the front page and open up room for the better sites.
     
  8. meathead1234

    meathead1234 Moderator Staff Member Moderator Premium Member

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    The fees going up should actually benefit those with decent sites to sell as you'll get longer exposure on the front page.

    Part of the reasoning behind the fee increases (reading between the lines) is to discourage those selling turnkey sites and encourage serious sellers to see Flippa as a viable marketplace to sell their business.
     
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  9. ScrapeBoss

    ScrapeBoss Elite Member Premium Member

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    Flippa is not as it used to be. Before June, I used to sell an average of 5 sites per week with hundreds of views. I achieved this even without having my listings featured. I listed with the normal $19. I normally had the listing for between 4 days and 7 days.

    From around July, I noticed that it was getting difficult to even have enough page views in order to have my listings viewed by those who were ready to buy. Sales were dwindling. It was really a tough time selling just one site per week. I later increased my listing duration to 30 days in order to get more page views and be able to sell the site. Nothing worked. At the end of the month, most of the sites were returned unsold.

    Flippa also is aware that things are no longer the same. Before, I think any unsuccessful listing was given only one chance to relist the site at a reduced price of $9. Now, you can continue to relist an unsuccessful listing for $9 until the site is sold. I usually dont relist for the third time.
     
  10. meathead1234

    meathead1234 Moderator Staff Member Moderator Premium Member

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    You're referring to turnkey sites I presume.

    The market in general for turnkeys has become saturated by a larger number of sellers, and therefore the average price comes down. Economics 101.

    At the higher end, there hasn't been too much of a change. Quality sites still sell. If your site doesn't sell, there's probably a number of reasons why it doesn't. Usually one of 4 variables: site is crap, listing copy is poor, communication with bidders/buyer is slow/unprofessional or not enough exposure on your listings.

    You have to be able to adapt your business model to the market demand and fluctuations. You can't expect the same autoblogs/wordpress blogs to sell week in week out.
    Posted via Mobile Device
     
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  11. ScrapeBoss

    ScrapeBoss Elite Member Premium Member

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    The reasons you mentioned are general but are not specific to my case. The sites are top quality sites with revenue history and good traffic. I had a review site turning out good affiliate income. The site was ranking well because I built 3 layers of backlinks for it using blogger blogs and other web 2.0 sites. I never used the general comments type for commenting. I had specially-made comments targeted to the video games niche. Also, I had to employ someone from elance to do the designs.
     
  12. meathead1234

    meathead1234 Moderator Staff Member Moderator Premium Member

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    Care to share your listing copy(s)?
    How many times (if at all) did you feature your auctions?

    It's extremely rare for sites with earnings/traffic history to go unsold on Flippa if marketed correctly.
    Posted via Mobile Device
     
  13. ScrapeBoss

    ScrapeBoss Elite Member Premium Member

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    Sorry. I cannot share my listing details. I have expressed my opinion based on what I have noticed on Flippa and there is nothing "EXTREMELY RARE" that sites with earnings/traffic history go unsold.
     
  14. meathead1234

    meathead1234 Moderator Staff Member Moderator Premium Member

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    That's fine, you don't have to share your auctions publicly. Feel free to PM me if you would like some feedback. I've sold more 5 figure sites than anyone else on Flippa this year.

    That's also not what I said. Plenty of good sites with history of earnings traffic go unsold on Flippa. The key phrase I used was "if marketed correctly". Your site could be the best thing since Facebook, but if you're out on a combination of the final 3 variables I mentioned (1 or more), then it's not a dead cert to sell - and contrary to popular belief, that's not an issue with Flippa, it's an issue with the seller (that's a general comment so plz don't take it personally).
    Posted via Mobile Device
     
  15. edhoyz

    edhoyz Registered Member

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    I think : Flippa is dead.
     
  16. NeeJam

    NeeJam Newbie

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    Flippa was far better when it was part of the SP Marketplace.

    There are still sales on there just some of the sellers have really unrealistic prices for sites which then makes buyers stop looking on Flippa for deals or reduces the amount of times they look on Flippa for deals.
     
  17. forex

    forex Newbie

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    Do you partner with owners of great domains to sell theirs and do it right?
     
  18. sarahparker

    sarahparker BANNED BANNED

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    Flippa is no more like it was some time back.
     
  19. .david.

    .david. Junior Member

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    You said it.. the increase in fees will increase the quality of the sites being sold.
     
  20. erics1230

    erics1230 Newbie

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    flippa is hard from dead. You have to pay for results. They get results