A weird tactic to increase your income with Flippa

13 replies
Hey,

Here's something I've found out a little while back when I was selling websites at flippa. This works best if you have a website that teaches people how to make money, and you're selling it off as a site that's generating income.

The process is quite simple.

When you create a listing, and people start bidding, the first thing you want to do is private message them and them them for their bid.

This will open a line of communication with the bidder, which you'll need later.

At the end of your auction, you have two options:

1. The site sells.

or

1. The site doesn't sell.

If it sells, you contact the remaining bidders with two offers. You offer to make them a custom site for the price of their bid (a lot of them will say yes to that) and / or you ask them if they'd like to know what the business model behind the site was so that they could build it themselves (consulting.)

This will bump your per site profit.

If the site doesn't sell, you offer it to the next bidder in line and / or you also suggest to them that you can teach them the business model so that they could build it themselves (possibly cheaper than the site.)

Again, you'll conversions doing this, and increase your revenue.

It's important, as always, to make sure the bidder knows you're legit and care about their success. Try to help them, not just take their money.

Goes without saying.

Have fun!

Seb.
#flippa #income #tactic #tripple #weird
  • Profile picture of the author smjconet
    I have a question about this approach. You mentioned you offer to build them a site like the one that sold, I've noticed they are usually buying the site, because it has revenue and PR already established. How does building a site for them give them this?

    I like your idea, for those who are not looking to buy the site with revenue. I'm just wondering how big that demand is?
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    • Profile picture of the author adenclark
      Originally Posted by smjconet View Post

      I have a question about this approach. You mentioned you offer to build them a site like the one that sold, I've noticed they are usually buying the site, because it has revenue and PR already established. How does building a site for them give them this?

      I like your idea, for those who are not looking to buy the site with revenue. I'm just wondering how big that demand is.
      I would say that the value of the secondary offer would be the "process" of gaining the revenue & PR + business model, which you would offer to the losing bidders as part of a deal.

      I know this works as i was a losing bidder on a particular website and i made an offer after the auction ended for a copy of the website files and business plan with marketing details. So people are willing to buy something similar to the website they lost in the auction, just as i did.
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      • Profile picture of the author smjconet
        Originally Posted by adenclark View Post

        So people are willing to buy something similar to the website they lost in the auction, just as i did.
        Yes I see your point. Were you willing to pay a price comparable to the lost site? Or did you discount your purchase for the untested nature of a new site?

        Thanks for the insight.
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        • Profile picture of the author adenclark
          Originally Posted by smjconet View Post

          Yes I see your point. Were you willing to pay a price comparable to the lost site? Or did you discount your purchase for the untested nature of a new site?

          Thanks for the insight.
          I offered 1/3 of what the auction went for, so i offered $1000, which was accepted. This was only due to the reason that a pay per click campaign was included, which was used to generate the revenue on the website that was auctioned.

          The specific ppc campaign was apparently split tested over several months to ensure a consistent profit, so i put the value on that mainly.

          I would say that if you have a solid marketing plan for each website you intend to sell, nothing thats too much hard work, then you would have no problem selling secondary deals of bidders that miss out on the initial auction.
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          • Profile picture of the author MeTellYou
            Yep. Exactly.

            Originally Posted by adenclark View Post

            I offered 1/3 of what the auction went for, so i offered $1000, which was accepted. This was only due to the reason that a pay per click campaign was included, which was used to generate the revenue on the website that was auctioned.

            The specific ppc campaign was apparently split tested over several months to ensure a consistent profit, so i put the value on that mainly.

            I would say that if you have a solid marketing plan for each website you intend to sell, nothing thats too much hard work, then you would have no problem selling secondary deals of bidders that miss out on the initial auction.
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    • Profile picture of the author MeTellYou
      Hey,

      You'd build them the site and either teach them how to make it bring the revenue your old site had, or get it there for them (for an additional cost.)

      Not too hard to do since you're just duplicating your old process.

      Seb.

      Originally Posted by smjconet View Post

      I have a question about this approach. You mentioned you offer to build them a site like the one that sold, I've noticed they are usually buying the site, because it has revenue and PR already established. How does building a site for them give them this?

      I like your idea, for those who are not looking to buy the site with revenue. I'm just wondering how big that demand is?
      Signature
      [UPDATED] FREE 1-ON-1 MENTORSHIP: Student Makes $12,000 His First Week Of Running Ads
      Skype Me! Skype: yourebookwriter
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      • Profile picture of the author KishanS
        Originally Posted by MeTellYou View Post

        Hey,

        You'd build them the site and either teach them how to make it bring the revenue your old site had, or get it there for them (for an additional cost.)

        Not too hard to do since you're just duplicating your old process.

        Seb.
        I have done this on numerous times in the past and let me tell you Flippa doesn't like it one bit. I was clearly told to stop it or be ready for a ban.
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        • Originally Posted by KishanS View Post

          I have done this on numerous times in the past and let me tell you Flippa doesn't like it one bit. I was clearly told to stop it or be ready for a ban.
          Probably new rules and regulations to deny you that freedom like everything else. Controllers hate for you to have any kind of freedom and love to limit and regulate you!
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          • Profile picture of the author KishanS
            Originally Posted by HelpingYouBeAnExpert View Post

            Probably new rules and regulations to deny you that freedom like everything else. Controllers hate for you to have any kind of freedom and love to limit and regulate you!
            I think it has more to do with them not being to collect success fee on those transaction.

            They want to suck as much as they can from the sellers.
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  • Profile picture of the author Everett and Carol
    I really like that idea. I will be looking through the TOS and if it's not in there, I will be trying the same thing.
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  • Profile picture of the author LuckyIMer
    It is a nice tactic, but I am sure Flippa won't be happy about it.
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    • Profile picture of the author Christian B
      It is a nice tactic, but I am sure Flippa won't be happy about it.
      What they don't know doesn't hurt them.
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      • Profile picture of the author MrTwoFister
        Originally Posted by Christian B View Post

        What they don't know doesn't hurt them.
        But when they DO find out, they will definitely hurt you..
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