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Site Flipping business is BAD

Discussion in 'Site Flipping' started by LukaB, Jun 28, 2010.

  1. LukaB

    LukaB Jr. VIP Jr. VIP

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    I've flipped 2-3 sites with a good amount .... more than expected.. but lately nothing is going as it should.... like example my friends site makes 3-4k monthly and highest bid was like $1000... 3-4k monthly and only 1 hour of work daily.... he has his own unique method for this, gonna try it soon :D :D :D...

    but also I've heard other ppl say site flipping is bad and ppl went from site flipping into other business like affilaite marketing.. CPA and etc.. what do u say about it
     
  2. BillyRayValentine

    BillyRayValentine Regular Member

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    I've been flipping for a while. I noticed this trend from march this. Less bids, less views, lower selling prices.
    Flippa even offered a birthday discount voucher this week. So it appears times are tough.
     
  3. LukaB

    LukaB Jr. VIP Jr. VIP

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    Ya... many changed.. my mate via MSN told me about this also, he's a well known site flipper and now is in the marketing/cpa world :D
     
  4. BillyRayValentine

    BillyRayValentine Regular Member

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    So your mate has given up flipping for cpa now?
     
  5. meathead1234

    meathead1234 Moderator Staff Member Moderator Premium Member

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    If your mate is/was a well known site flipper, he would certainly not be selling sites that make $4k a month for $1k.

    It is true the market has slowed, especially for startup/turnkey sites, but the market is certainly not dead and plenty of cash still to be made.
     
  6. freeadz

    freeadz Newbie

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    if he has a site that makes 3-4k selling for that price i would be interested. :)
     
  7. IW2010

    IW2010 Newbie

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    Is there anywhere I can learn how to make these sites at all?
     
  8. imprint

    imprint Junior Member Premium Member

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    I don't think his mate sold the site for a grand, but rather is stating that the highest bid was $1k.

    The download section and a search do wonders! :D
     
  9. LukaB

    LukaB Jr. VIP Jr. VIP

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    No he didn't sell it, and this is another mate, but there is 1 popular guy who has given site flipping...
     
  10. robotevil

    robotevil Newbie

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    If anyone has a profitable site in a good niche and needs help selling it, let me know. I'm a salesperson by background, so I can help you broker a much larger deal than you can get off Flippa (as long as all your financials add up and your honest about the earnings). I've been having good success and building up sites and flipping them directly to competing companies in that niche.
     
  11. KBC-12

    KBC-12 Regular Member

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    Where do you broker these? Could you build a site up in less than 30 days and sell for 4k+?
     
  12. voxclan

    voxclan Regular Member

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    Made some good money in the last few months but also noticed that bids are going down.

    So until the market goes the other way, I am not investing too much in Flippa.
    But it is certainly a good timing for buyers
     
  13. ambrown

    ambrown Junior Member

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    Something must not be right... that's never happened to me and I just do a little site flipping on the site (like 2 sites per month) and it still brings in some good money consistantly
     
  14. Karlos

    Karlos Junior Member

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  15. Seiter101

    Seiter101 Newbie

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    I seemed to have noticed this trend as well. Flippa used to have a success rate on 56% of their listings. Then that number slowly dropped down to 55%. Today it is at 52%. I think the market is becoming saturated on low end sites. However, if you can show that your site is getting a steady amount of traffic and prove you have been able to monetize it then you should not have a problem flipping it.
     
  16. mandude

    mandude Jr. VIP Jr. VIP Premium Member

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    I do notice a lot of crap sites on flippa lately. Seems everyone has gotten into site flipping. I hope this doesnt hurt my auction! I am tired of seeing lots of sites that have 'potential' on flippa.
     
  17. yahtzee

    yahtzee Newbie

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    the website flipping market got completely saturated. I used to make decent money flipping on the side a few years ago... now, good luck to you guys who brave it.
     
  18. carsonrathi

    carsonrathi Senior Member

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    Pure B.S

    Flippa is going good, if you have real product to sell. Market is no way saturated. You just need to keep your listing in front page for exposure.

    I made like $2100 in past 3 days, selling 7 days old site and a product.

    Flippa is NOT just a place to sell stuff. You can actually gain product 'Buyers' from the same place. When ever i list a website there, i gain many sales which actually makes my fees nil.
     
  19. BillyRayValentine

    BillyRayValentine Regular Member

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    So you are saying, people buy your product, while your site is listed, and they bought as a result of your listing on flippa?

    You did well on the $2100 site. But you must have offered something more than a start-up.
     
  20. carsonrathi

    carsonrathi Senior Member

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    @BillyRayValentine : Of course, i do not just sell the site, i sell product with full marketing plan from A-Z, so that they can plug in and start earning from the site.
     
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