Should I buy a Starter Site on Flippa as a beginner?

Discussion in 'Site Flipping' started by winstrol, Sep 1, 2018.

  1. winstrol

    winstrol Newbie

    Joined:
    Aug 30, 2018
    Messages:
    24
    Likes Received:
    6
    Location:
    Mom's basement
    I am looking at 2 websites on Flippa that seem profitable. Both websites are about 3 months old. One of them promises about 1k per month, and both have over 100 products. Is it a good option to purchase one of them if I am a beginner? Is there a large possibility of me fucking up, and losing money?

    I find that there are almost too many options in IM. I'm trying to purchase a website, and already I am looking at 3 options. Is it just better to purchase a website from the Web Design Marketplace, and start with that?
     
  2. BassTrackerBoats

    BassTrackerBoats Super Moderator Staff Member Moderator Jr. VIP

    Joined:
    Mar 10, 2010
    Messages:
    21,662
    Likes Received:
    39,826
    Occupation:
    Generic Human Being
    Location:
    As Close to Heaven as One Can Get!
    Home Page:
  3. AquaticGamer

    AquaticGamer Jr. VIP Jr. VIP

    Joined:
    Apr 13, 2013
    Messages:
    5,193
    Likes Received:
    1,819
    Gender:
    Male
    Location:
    http://www.AQSocials.com
    Home Page:
    No. Do not do that. There's a reason why they're selling the site if it is that profitable. Make your own site and promote it. These types of sites usually require more promotion after purchase and if you're inexperienced, you will lose a lot of money doing so.
     
    • Thanks Thanks x 2
  4. ThatSEO

    ThatSEO Jr. VIP Jr. VIP

    Joined:
    Jan 22, 2016
    Messages:
    1,056
    Likes Received:
    647
    Gender:
    Male
    Occupation:
    Self employed marketing stuff
    Location:
    Sometimes UK
    Offer a higher bid but the difference will only be paid after the first month that makes 1k in that month.

    Also look at the data that backs it up - get them to add access to the analytics and if you can, either teamviewer or log into the source of income, don’t trust screengrabs.. inspect element is an easy way to fake stuff

    It might be cheaper to just set one up yourself and use the one for sale as a baseline, learn how to get traffic to it from scratch then invest
     
    • Thanks Thanks x 2
  5. charmer37

    charmer37 Newbie

    Joined:
    Jan 26, 2018
    Messages:
    36
    Likes Received:
    10
    Gender:
    Male
    They work for me, It depend on your skills to make them work.
     
    • Thanks Thanks x 1
  6. sd1234

    sd1234 Newbie

    Joined:
    Sep 1, 2018
    Messages:
    17
    Likes Received:
    7
    when the seller give a guarantee to include their strategy on building and nurturing "their" kind of site, I think it's not bad. If they are not offering, ask them before bidding
     
    • Thanks Thanks x 1
  7. J0sh

    J0sh Jr. VIP Jr. VIP

    Joined:
    Apr 1, 2018
    Messages:
    427
    Likes Received:
    198
    Gender:
    Male
    Home Page:
    On Flippa you'll need to be very careful because a lot of the sites are stated with POTENTIAL and not actual earnings. If you're buying a site that makes any money, and have the financial behind it to prove it, you're going to be paying a multiple on it. I've seen, and sold sites at a 3-5x revenue on flippa. You'll just have to do your due diligence. With anything, you're going to get what you put into it. Don't expect to buy a site and make money over night without any work, that is exactly what most people on flippa buying sites are looking for 'the easy way'. There is no easy way.
     
    • Thanks Thanks x 2
  8. winstrol

    winstrol Newbie

    Joined:
    Aug 30, 2018
    Messages:
    24
    Likes Received:
    6
    Location:
    Mom's basement
    The buy it now price: 15k. There are 6 days left in the auction, and the current bid is a little less than 200$.

    Hmm, the other one that does not have the revenue stated is only 70$ buy it now. But, you are probably correct.

    What do you mean with offering a higher bid and subtracting the difference? I thought that you had to pay full price when you bid.
     
  9. Celesteal

    Celesteal BANNED BANNED

    Joined:
    Jun 27, 2017
    Messages:
    21
    Likes Received:
    2
    Gender:
    Male
    Your best bet would be to make your own site and market it yourself to make up to 1k monthly. Buying websites isn't always a good idea.
     
  10. SoccerLover

    SoccerLover Moderator-In-Training Jr. VIP

    Joined:
    Jun 12, 2014
    Messages:
    4,091
    Likes Received:
    2,153
    Gender:
    Male
    Occupation:
    Managing BHW :D
    Location:
    ♥♥♥ BHW ♥♥♥
    Home Page:
    • Why will one sell the site i.e giving $1k at $200 (Reserve Price)?
    • Analytics stats are mostly fake only, it can be increased using bot like IPTS(Google it).
    • If you check the site traffic in any tools then it will be hardly in 2 digits
     
    • Thanks Thanks x 1
  11. winstrol

    winstrol Newbie

    Joined:
    Aug 30, 2018
    Messages:
    24
    Likes Received:
    6
    Location:
    Mom's basement
    But if I purhcase one of them, why can't I just sit on the website with hosting and just wait for someone to buy a product. If I get 20$ and I only spend 10$ on hosting, then I will profit, right?
     
  12. shiva990

    shiva990 Jr. VIP Jr. VIP

    Joined:
    May 5, 2018
    Messages:
    187
    Likes Received:
    41
    Gender:
    Male
    Occupation:
    Learner
    Location:
    BesideYou
    Home Page:
    Invest the money into building your own website!
     
    • Thanks Thanks x 1
  13. winstrol

    winstrol Newbie

    Joined:
    Aug 30, 2018
    Messages:
    24
    Likes Received:
    6
    Location:
    Mom's basement
    The reserve price is 1$ so it is already met. And I don't think it is actually listed in any search engine yet. It is a starter site: "
    A Starter Site is a brand new website. As it has recently been launched, it's unlikely to have traffic, revenue, or page rank." I think they just get organic traffic from facebook ads.
     
  14. Total Noob

    Total Noob Jr. Executive VIP Jr. VIP Premium Member

    Joined:
    May 10, 2009
    Messages:
    2,117
    Likes Received:
    1,998
    Location:
    Florida
    Don't buy the website. From what you wrote, there is almost certainly no value to it.
     
    • Thanks Thanks x 1
  15. Sam7417

    Sam7417 Regular Member

    Joined:
    Mar 6, 2017
    Messages:
    213
    Likes Received:
    56
    Gender:
    Male
    So they are spending money to get traffic and you are still discussing about buying it.

    Surely they are earning $$ by doing this.
     
  16. BeatDaBest

    BeatDaBest Junior Member

    Joined:
    Aug 23, 2014
    Messages:
    100
    Likes Received:
    47
    Home Page:
    First of all: BEWARE of things that seem too good to be true on Flippa. They prey on people who don't understand the business/get tripped up by fake analytics and/or promise things that likely won't happen.

    Couple questions:
    • Is this an affiliate site? What's the % commission for the products? @ $20 for physical products that means it probably costs a minimum of $200, or if it's courses/info products it might be like $49.
    • WHO would buy the product? How are you going to get visitors to the site? Just because the site exists doesn't mean anyone would visit it. Sure, if you get $20 & only spend $10 on hosting that's great, but first you have to get some visitors to your site. Then you have to convince them to click on the affiliate link/your product. Then if it's your site you have to convince them to part with their hard earned money.
    • Do you have an SEO strategy in place? Do you have any SEO knowledge?
    • Do you understand the niche the site is in & have a general idea of how you would grow it once you buy it?
    • How would you get traffic to the site?
    • How do you get paid?
    Most of the starter sites on Flippa are created automatically w/ a pretty simple process. There's often thousands of these sites so unless you're gonna buy it & do something completely different (content marketing, amazing ads, etc) it's probably not worth it, and even if you plan on doing that, it might be better to put all of that effort towards something else.

    Facebook ads does not equal organic traffic. Facebook ads = paid traffic.
    Organic traffic = opposite of paid traffic.
    If they're driving visitors through Facebook ads, how much is the CPC?
    How much does it cost them to acquire each customer? (CAC)
    What is the lifetime of each customer? (LTV)

    They might say that they don't have those numbers because it's a starter site without traffic, but then you just said they "get organic traffic from Facebook ads" which means either you're confused or they're bullsh*tting you hard.
     
    • Thanks Thanks x 1
  17. SimpleWeb

    SimpleWeb Newbie

    Joined:
    Sep 10, 2018
    Messages:
    5
    Likes Received:
    1
    Gender:
    Male
    You should learn how to use the platform that the sites are built on first. They will most likely be a Shopify site, signup with a 14-day trial to Shopify and start playing around with it so you understand how it works. Even better if you can simply create your own site on there, but it's free to test it out and try and figure out how to do things - so that if you do buy a site, you will know what you are doing a bit more in terms of ecommerce management.
     
  18. cham rox

    cham rox Regular Member

    Joined:
    Dec 8, 2016
    Messages:
    443
    Likes Received:
    68
    Gender:
    Male
    If you are a beginner, better to start your own site from scratch.
     
  19. kulme

    kulme Newbie

    Joined:
    May 1, 2011
    Messages:
    48
    Likes Received:
    5
    Gender:
    Male
    Location:
    Home xD
    From my experience, I'm disappointed to buy a starter site there.
    Just make sure all the functions on the website work well before buying.
     
  20. lifehero

    lifehero Regular Member

    Joined:
    Jan 26, 2018
    Messages:
    256
    Likes Received:
    77
    Gender:
    Male
    haha! 1k a month in 3 monthso_O
    keep dreaming:p