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

Follow my First Flip

Discussion in 'Site Flipping' started by Prodige, May 17, 2012.

  1. Prodige

    Prodige Regular Member

    Joined:
    Mar 24, 2009
    Messages:
    455
    Likes Received:
    97
    Hey guy's :) Been browsing the forum & learning for quite a while now but I have decided to finally flip my first website and go ahead and share my results as a give back. I have never sold on Flippa before and will basically just follow some of the rules and guidelines that I have found on the forum.

    Here is some basic information about my website:
    A couple of month back I threw together a quick little landing page for 2 of my E-Books, set them up for instant download after the paypal transaction and then started promoting them in one single sales thread on another forum. Honestly, after the initial setup I got to busy with Exams and it turned more into a sit & watch project. I have not touched this website or sales thread at all since the initial setup. Setup cost total for the website was $8 for the domain (pops up on page 2 for its main keyword in google already without any kind of extended work so far), $15 for the hosting account and $8 for the interactive template including 6 different color schemes. The E-Books that come along with the sale were written by me and are ecommerce related. I don't want to talk to much about the topic but they are good quality E-Books filled with affiliate links.

    The website has created the following revenue:
    February - Direct Sales $65 - Affiliate Commission $40 - Total Amount $105
    March - Direct Sales $75 - Affiliate Commission $50 - Total Amount $125
    April - Direct Sales $85 - Affiliate Commission $105 - Total Amount $190

    I created a basic Flippa listing (no added features like bold title, tweets etc) and set the auction to end in 5 days and start at $1. I have set a reserve price as well as a BIN price but I wanted to limit my Auction to 5 days because I am hoping to get the most traffic out of the weekend (today is thursday).

    My auction went online 1 Hour Ago and has received 1 Pending Bid ($5)
    I will keep those of you who are interested updated :)
     
    • Thanks Thanks x 2
  2. Andres1986

    Andres1986 Jr. VIP Jr. VIP

    Joined:
    Sep 14, 2011
    Messages:
    2,444
    Likes Received:
    531
    Gender:
    Male
    Occupation:
    Keyword Research and Content Marketing Expert
    Location:
    Keyword Research Land
    Subscribed. Looking forward to see how you do. What price do you expect or hope to sell your site at?
     
  3. W9go

    W9go Jr. VIP Jr. VIP Premium Member

    Joined:
    May 16, 2011
    Messages:
    3,400
    Likes Received:
    635
    Gender:
    Male
    Occupation:
    chasing girls
    Location:
    chasing girls
    good luck .... what do you expect as result?
    can you pm me the link to the auction.
     
  4. acotut

    acotut Elite Member

    Joined:
    Dec 1, 2010
    Messages:
    2,294
    Likes Received:
    1,040
    Gender:
    Male
    Home Page:
    Lets see then :d
     
  5. AGman

    AGman Power Member

    Joined:
    May 26, 2011
    Messages:
    558
    Likes Received:
    107
    Nice thread idea, I have been looking into selling a couple sites of my own. subscribed. Did you write those ebooks yourself? or just rehash the some old stuff? no google search traffic at all?
     
  6. Vartox

    Vartox Registered Member

    Joined:
    Feb 11, 2010
    Messages:
    67
    Likes Received:
    9
    Location:
    Brokelandhoma
    Home Page:
    interesting thread. never flip a website before so i will subscribe to this. thanks :)
     
  7. Prodige

    Prodige Regular Member

    Joined:
    Mar 24, 2009
    Messages:
    455
    Likes Received:
    97
    Yes, the E-Book content is written by me and not some rehashed method so I don't have to worry about breaking some kind of copyright :) I am not in a huge need for cash right now so I am really turning this more into a experiment. Right now I have the website listed at the price that I would love to get for it but I know that I may need to lower that depending on the interest that it catches.

    Starting Bid: $1
    Reserve: $600
    BIN: $1250

    I don't think I should share the sales thread in here though :) not trying to attract extra buyers but just give stats and a review
     
  8. poweronics

    poweronics Jr. VIP Jr. VIP Premium Member

    Joined:
    May 1, 2011
    Messages:
    3,117
    Likes Received:
    353
    Occupation:
    Freelancer
    Home Page:
    I would recomment that you keep on monetizing from it for at least 9 more months and then sale it as a 12 months average revenue will bring you a good amount for it.
     
  9. kvmcable

    kvmcable Supreme Member

    Joined:
    Dec 28, 2010
    Messages:
    1,355
    Likes Received:
    2,815
    Occupation:
    24 year business owner - old school dude
    Location:
    KFC - BW3
    Very interesting the website made $105 in February but you didn't purchase the domain until March 21, 2012. March sales were very strong also for a website only being live just over a week. I suspect sales were from DP directly and not from the website?

    Good luck with your listing.
     
    Last edited: May 18, 2012
  10. Junkfood00

    Junkfood00 Elite Member

    Joined:
    Sep 13, 2011
    Messages:
    1,949
    Likes Received:
    1,336
    Did you take his words literally? I think he made all the sales through his own website, as there involves affiliate commissions and a program normally requires some site set up (I believe, never been involved).
     
  11. kvmcable

    kvmcable Supreme Member

    Joined:
    Dec 28, 2010
    Messages:
    1,355
    Likes Received:
    2,815
    Occupation:
    24 year business owner - old school dude
    Location:
    KFC - BW3
    Ah, well yes, I took his words literally. He's saying he's selling a website that made X amount of dollars a month. Not he's selling a website and oh by the way, I made some money doing something else in Feb, March and April. I guess that's my fault???

    His affiliate commissions were through affiliate links published in his eBook and not ads running on a website somewhere. Most income through HMA affiliate offers from what he posted in revenue sources.
     
  12. kvmcable

    kvmcable Supreme Member

    Joined:
    Dec 28, 2010
    Messages:
    1,355
    Likes Received:
    2,815
    Occupation:
    24 year business owner - old school dude
    Location:
    KFC - BW3
    • Thanks Thanks x 2
  13. Prodige

    Prodige Regular Member

    Joined:
    Mar 24, 2009
    Messages:
    455
    Likes Received:
    97
    Ah, sorry for the late reply and maybe not being clear enough in the first post :) It's a package of 2 ebooks that I am selling along with the website. The actual sales started late feb and then about a month later I went ahead and uploaded the site because I was getting tired of manually sending out ebooks lol!

    Sorry for the confusing on that part but I made sure to be more clear on my sales letter :) Sadly flippa decided to take my auction down due the content being adult related so I am just going to try for a quick flip on another forum so I can reinvest into other projects. If I don't get my price it's really not a big deal because it will sit and earn either way lol.
     
  14. Junkfood00

    Junkfood00 Elite Member

    Joined:
    Sep 13, 2011
    Messages:
    1,949
    Likes Received:
    1,336
    Did they refund you the listing fee?
     
  15. Prodige

    Prodige Regular Member

    Joined:
    Mar 24, 2009
    Messages:
    455
    Likes Received:
    97
    No they did not
     
    • Thanks Thanks x 1