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

How I used to make money using flippa

Discussion in 'Making Money' started by spirtx, Mar 8, 2012.

  1. spirtx

    spirtx Junior Member

    Joined:
    Jan 17, 2011
    Messages:
    134
    Likes Received:
    28
    Location:
    In front of the PC
    A few years back, I was thinking how to make money without doing much (like most of us :) I then realized, that the best kind of workers are the ones, who doesn't know ,that they are working for you, if that makes sense(if it doesn't it will soon). I was looking at flippa and noticed how many crappy site without any revenue are for sale. And although ,they don't sell for much ,they still sell. Then I made a few flippa accounts and build a site which offers article writing. I start looking on various places to find outsourcers. Usually they were charging about $1 for 100 words. Ok, when creating my listing I put something like 'Unique business, runs on autopilot blah blah blah earn up to $xx per sale. I'll give as a bonus list of 5 suppliers, free hosting ,free support for 3 months etc.'
    The thingy was, I actually was making 5 emails forwarded to my main email and gave them to the buyer. I also doubled the price of the articles so in my listing was saying the supplier charges $2.
    Did you get the idea? After I sold a few sites for like $20-$30 making a loss from the actually sale, I was teaching the buyers how to promote their new websites, and of course I told them to use PPC as that is the easiest way to get on page 1 of google.
    Note:All the buyers were noobs
    All of them actually start doing PPC and start getting orders,which they were sending to my emails, paying me $2 per 100 word and I was able to find writers willing to write in the range between $0.60 and 1 making a $1 profit per every 100 words ordered.
    I was making about $200 a week pure profit just sending emails after the initial setup. I know that's not much for some people and it involves some investment, but I'm sure that can be scaled up.
    Anyway I moved to other things and don't use it anymore.
    Hope that will help somebody.
     
  2. Blackprizm

    Blackprizm BANNED BANNED

    Joined:
    Jan 18, 2012
    Messages:
    153
    Likes Received:
    45
    Nice. Well how much did you invest for the sites?
     
  3. nikao

    nikao Power Member

    Joined:
    Oct 14, 2011
    Messages:
    518
    Likes Received:
    180
    Home Page:
    nice idea, although I'm quite surprised that noobs were able to generate sales for more than 2$ / 100 words...
     
  4. spirtx

    spirtx Junior Member

    Joined:
    Jan 17, 2011
    Messages:
    134
    Likes Received:
    28
    Location:
    In front of the PC
    Apart from several hours to make the actual site about $26 - 8 for 1 year .com and 19 flippa fees
     
  5. spirtx

    spirtx Junior Member

    Joined:
    Jan 17, 2011
    Messages:
    134
    Likes Received:
    28
    Location:
    In front of the PC
    Yeah, that's why I told them about PPC, most likely they didn't make any profit using it, but also for new adwords accounts they get like $50-75 voucher to try for free.