Here's a quick way to increase the number of bids on your auction...

9 replies
Hey Warrior Flippers;

Got a quick tip for you.

Here's how to get significantly more attention to your auction -

If you go to Buy Websites and Domains - Featured Websites and Domains For Sale | Flippa, you'll find there's this tab "Most Active" sites. Those are the listings that are generating the most amount of bids. Getting your auction placed there means more exposure and hence, more chances of selling.

Now, normally, the first page for that tab has at least 10+ bids any time. To get that many bids, for a startup or an established site, you should start your auction from $1 and set $1 reserve, too. I've had considerable success with this model.

$1 starting price gets the bids going and $1 reserve means a bidding war which means more bids, more exposure, more chances of selling.

Good luck,
pragun
#auction #bids #increase #number #quick
  • Profile picture of the author cellcom
    Hey Pragun,

    I agree that you want to land on the most active page and always start my auctions at $1 -

    my question though is why the $1 Reserve ? How does that help us get more bids ?
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  • Profile picture of the author pragun06
    See, reserve price is the minimum price that the bids go over before you're obliged to sell.

    So, if the reserve's set at $1, all you have to do to win the auction is bid at $2. Since the amount here is low, most people don't hesitate to place their bids, thus leading to a sort of a competition.

    That, in turn, helps you're auction being listed as an active auction.
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  • Profile picture of the author pragun06
    I've set my bids to manual approve, but auto approve would be the same. As for the reserve, the auction displays a message telling the bidders if the reserve has been met or not.
    If it's at $1, it'll atumatically tell everyone that the reserve has already been met.

    Hope that helps
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    • Profile picture of the author Samantha McKenzie
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      • Profile picture of the author pragun06
        Originally Posted by Samantha McKenzie View Post

        I sell a decent number of websites over at Flippa, but I'd be wary of placing my reserve so low. Even if a bidding war got started, I'd be concerned the final bid wouldn't be anywhere near the price I really wanted for the site. Do you usually get decent selling prices doing it this way?
        I agree with you Samantha, it's definitely a risk. But as I've seen, it usually pays off well.
        For startup blogs (which hardly take any effort at all...) i average around $240.

        For established ones, it stays in the range of $1000-$2000, depending on the effort I've put in.

        ~Pragun
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  • Profile picture of the author jaiganeshv
    may be good for start up websites but definitely not for the ones that you aim big...
    for sites that just has got a domain and wordpress installed, this is perfect idea ...
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    • Profile picture of the author pragun06
      Originally Posted by jaiganeshv View Post

      may be good for start up websites but definitely not for the ones that you aim big...
      for sites that just has got a domain and wordpress installed, this is perfect idea ...
      That's right, for startup blogs, you'll almost always reach $250.

      btw, check out the highest website on the most active list. See how much it's going for.
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  • Profile picture of the author domainarama
    I'm not a regular Flippa person. I like your idea and will give it a try. Do .in domains sell well on Flippa. Or do they mostly buy/sell .com and the usual extensions?
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  • Profile picture of the author pragun06
    See, it's still a little harder to find Indian webmasters out there. If you have a really good website registered on a .in domain, you can go ahead. But if you're starting afresh, I'd really suggest you go with a .com
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