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MMO "gurus" moving to Flippa?

Discussion in 'Site Flipping' started by meathead1234, Apr 15, 2013.

  1. meathead1234

    meathead1234 Moderator Staff Member Moderator Premium Member

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    Spotted this the other day: https://flippa.com/2905523-85-000-plus-visitors-per-day-no-reserve

    In all my time on Flippa (I don't visit much anymore) I have never seen such a shady listing in my life. They were charging people to have their banners pasted on a wall of ads and then ran PPV traffic to it. Interesting concept, but they ripped off a lot of people. There is absolutely no way on earth would anyone have seen even close to a ROI on that.

    The listing itself is a joke. I can't believe someone actually paid $16k for that site. Maybe the affiliate data is worth something to them, but it's highly unlikely as it's all about rep, and the sellers of the site already have it. Possibly the buyer database - if someone is stupid enough to buy a banner on that site, they are probably stupid enough to buy pretty much anything you can put infront of them. The way he answered comments was horrific: patronise and belittle those who criticised, brought in shills to add social proof to the comment section ("I bought this it was great" - bullshit!), avoided quite a few good questions and extremely pushy. This is what happens when MMO rip-off merchants try their hand at selling businesses.

    I feel strongly against people who do business like this. There are so many people on WF who make their money ripping people off for a living. It's a disgrace. What people don't see is the number of the bigger players over there who have got screwed by FTC lawsuits (and believe me, if you do business like these 2 clowns, you will 100% get sued at some stage). Maybe I'm a bit old school, but seeing people constantly ripped off on Flippa buying crap like this worries me. It doesn't do the industry any good, expect maybe create opportunities for those who run legitimate businesses if they pick up clients who have been screwed before.

    /end rant
     
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  2. TheMoneyWizard

    TheMoneyWizard Elite Member

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    $16k WTF?!?!?!
     
  3. abhi007

    abhi007 Jr. VIP Jr. VIP

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    Btw it shows 47k alexa rank don't you think it should have been sold for more bucks? I know these guys very well lol their BSO are CRAP
     
  4. lanbo

    lanbo Jr. VIP Jr. VIP Premium Member

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    Wow I feel bad for whoever fell for that.
     
  5. meathead1234

    meathead1234 Moderator Staff Member Moderator Premium Member

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    What does Alexa rank have to do with anything? I sold a 5k Alexa site for $5k before. I've also sold a 500k Alexa site for $700,000. It's a useless metric for determining value.

    Besides, in this case, I was talking about reading through the actual listing to see what they were selling, had sold to their "customers" and how they dealt with comments. Absolutely shameless.
     
  6. ReALeST

    ReALeST Power Member

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    One thing iv learned in IM and basically in life in general is that there will always be stupid/dumb/ill informed people.In a world where everyone makes a buck out of each other's mysery theres realy not much you can do but try to survive...coz its a jungle out there!So u just gota do what u gota do to earn the $$ and survive man!Not saying what those guys are doing is right but basically when it comes to the whole money system its rotten to the core...sometimes i wander why people argue about whether its ethical to do this or that in this system.If a guy goes to a car dealership the dealer tells him sure iv got just the car for you...he doesnt tell you yh theres a cheaper car just down the street...when a doctor says ur kidney has to come out i dont know whether he wants to pay of hes yatch or if my kidney realy has to come out.So its all a game and u just need to do what you gota do to stay at the top of your game!
     
  7. kvmcable

    kvmcable Supreme Member

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    Thomas is spot on as usual. These MMO scammers know this method isn't sustainable so they're bailing before the gig is up. I can't imagine their payment accounts aren't filled with disputes, especially now that they've sorta exposed the scam.

    Since the website, Flippa, was created on the advice of MMO scammers operating on Sitepoint in 2009, it doesn't surprise me to see them peddling their wares on Flippa.
     
  8. crazedspyker

    crazedspyker Senior Member

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    I remember seeing the webinar for that site's service recommended by someone I was following. It was over hyped and as soon as I saw what was being promoted, I stopped following the person that was recommending it. It was actually someone here on bhw and has been getting traffic to their blog through this forum. Won't mention any names but some of you guys might know who I'm talking about. I was also on their email list and received hyped up WSO's almost every 2-3 days and each time the email would claim that they "normally don't like WSO's but... *this one was just amazing and we had to share it*"

    They're blog died because people probably realized how fake they were, but they probably made a lot of money from it. I actually bought a few of their things but requested refund for all of them.

    I hate to see people like this on flippa making money off unsuspecting folks but then again, it's life and the buyer should be doing his own research into what he's buying and determining if the price is worth the risk.
     
    Last edited: Apr 15, 2013
  9. iManage

    iManage Regular Member

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    I would assume that listings like these shouldnt come as a surprise to you. Many people take advantage of others, in this case the guy is taking advantage of the stupid. He made the sale so obviously his listing and support was satisfactory.
     
  10. meathead1234

    meathead1234 Moderator Staff Member Moderator Premium Member

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    They don't come as a surprise to me, they just ruin the industry. You'd be amazed how many buyers I have spoken to who got ripped off buying a site on Flippa and now are terrified to buy a legitimate business for fear of being scammed again.
     
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