Site Flippers Are You Seeing This?

28 replies
Hi site flippers, is there any one of you noticing the fact that no one is bidding on flippa and the views are nothing to write home about.

I listed a $200 per month site for sale last monday but I have only got 108 views. I believe the site will sell on the last day but the number of views is unusual.

It is me or is the market place like that now? Low views.
#flippers #site
  • Profile picture of the author Sheryl Polomka
    I think you could be right, I have noticed things have slowed down a bit over the last few months.
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  • Profile picture of the author wealthyminds
    It might be due to the Easter holiday season...

    I run a web services business, and the last few weeks had been really dull.
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  • Profile picture of the author poker princess
    It might be due to some holidays, however I have experienced a sudden rise of views and bids right when the bidding is ending.
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  • Profile picture of the author sgsmorgan
    I guess it is not so much the number of views that you get but what those views translate to in terms of bids at the end of the day is what matters. Also it might be a case of a thin marketplace at the moment and that any potential bidders hang off till the very end in the hope of trying to keep valuations and prices lower than they might otherwise be.
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  • Profile picture of the author Flipfilter
    Hey,

    It's not you. I've spent the last few days tweaking our software's statistics module and noticed there's a drop of about 40% last week and also the first week of March.

    I'll post a screengrab of the graph showing all sales for the last few weeks when I get a minute.
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    • Profile picture of the author M Thompson
      Originally Posted by Flipfilter View Post

      Hey,

      It's not you. I've spent the last few days tweaking our software's statistics module and noticed there's a drop of about 40% last week and also the first week of March.

      I'll post a screengrab of the graph showing all sales for the last few weeks when I get a minute.

      wow 40% is a big...is it down to the featured listing as suggested or is there a new game in town?

      Interesting site you are developing there..
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      • Profile picture of the author Flipfilter
        Originally Posted by M Thompson View Post

        Interesting site you are developing there..
        Thanks Mark. We've finally got all the basics up and running and using it myself from a trader's perspective, it's invaluable for saving time on the research front. I'm just hashing out a few ideas now for a users module that will deliver stats for any particular username (number of sites sold recently, average price, monetisation methods, average traffic etc) the idea being newbies can see which sellers are doing well and what's working for them.

        As promised, here are the stats for Flippa, but interestingly enough only certain categories were down, namely "Blog and Content Driven" which covers the much used 'autoblog' subcategory.



        The graph below shows sales for all categories ('tags' - see our blog post in the sig on this) on Flippa.



        I guess like in the real world, some industries are seasonal. As for why, that's still a mystery. My guess would be Blogs and Content Sites attract a lot of new and possibly part time traders. When the holidays come by, they take a break.

        The higher value, more technical sites (ecommerce sites, web applications etc) are probably bought by more experienced full time traders - who wouldn't miss an auction if their house was on fire ! (Flippers Anonymous anyone )

        Hope this helps.

        Justin
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        • Profile picture of the author Marhelper
          Those are really impressive graphs. I truly believe that sites with consistent Adsense revenue will ALWAYS sell fast. Who does not like auto pilot/hands off sites?




          Originally Posted by Flipfilter View Post

          Thanks Mark. We've finally got all the basics up and running and using it myself from a trader's perspective, it's invaluable for saving time on the research front. I'm just hashing out a few ideas now for a users module that will deliver stats for any particular username (number of sites sold recently, average price, monetisation methods, average traffic etc) the idea being newbies can see which sellers are doing well and what's working for them.

          As promised, here are the stats for Flippa, but interestingly enough only certain categories were down, namely "Blog and Content Driven" which covers the much used 'autoblog' subcategory.



          The graph below shows sales for all categories ('tags' - see our blog post in the sig on this) on Flippa.



          I guess like in the real world, some industries are seasonal. As for why, that's still a mystery. My guess would be Blogs and Content Sites attract a lot of new and possibly part time traders. When the holidays come by, they take a break.

          The higher value, more technical sites (ecommerce sites, web applications etc) are probably bought by more experienced full time traders - who wouldn't miss an auction if their house was on fire ! (Flippers Anonymous anyone )

          Hope this helps.

          Justin
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  • Profile picture of the author TrafficGuy Claude
    I agree that the marketplace is a little slow right now, but I've also noticed that they changed how the sites are displayed.

    They went "eBay" on us, and the featured auctions are shown first when you click on "Buy A Website" from the homepage. In order to get to the standard non-featured listings you have to click on "New Listings" which is quite small. Also the marketplace interface is simply too busy with so many links.

    If you're not featuring your auctions on there your chances of getting a good price are slim to none existent simply because most of the users will never see your site.

    I've noticed that this trend also correlates with Flipfilter's findings because they switched over to this featured auction favored setup around that same time in March.

    For now, drop the extra $29 if you want to have the best chances at getting a sale, and lets hope they can work it out over there, because if you've noticed I'm sure that they've noticed a dip in revenue as well.

    Also don't forget about our own section here, which is a lot better in my opinion. I always sell out of everything I put up on here: http://www.warriorforum.com/search.php?searchid=3861015
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  • Profile picture of the author InternetM39482
    Yep, Claude got that right... Features listings are still getting a good amount of views. And he got the reasons right, too.

    Startups, maybe not as much, but they are selling. Try upgrading your auction up to a featured listing if you haven't done that already and see if that increases the number of views/bids, etc.

    Cheers!
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  • Profile picture of the author KreCi
    I have just sold one of my websites yesterday - got 3 bid in last days. It have been featured on main page and it was very steady till yesterday when it was visible on ending soon.

    In total I have sold it for half of this that I got for similar website 2 months ago... Anyway I hope it is temporary.
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  • Profile picture of the author Marhelper
    I just sold a site for 25 x revenue and got the BIN on it in the first 5 minutes listed. Perhaps it is just certain type of sites that are not selling as well due to saturation. My site had a great domain (short), and Adsense revenue (although it was only for 1 month). No, my site was not listed on the Featured Listings.
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  • Profile picture of the author jazbo
    Perhaps there is some sniping software out for flippa now? That might explain the low views and last minute bids etc.
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  • Profile picture of the author cashcow
    I didn't sell any this week, but for the past 3 weeks I sold 2 sites each week - all sold for the BIN - some the first day and some the last day. None were featured. All sites are brand new with no traffic or earnings.

    I had taken about a month break from selling before that so I can't say what it was like then, but I know it was pretty dismal in January!

    Lee
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  • Profile picture of the author Sarah Russell
    My theory regarding slow downs in January and April - New Year's Eve hits and people resolve to learn how to make money at home so that they can quit their awful, awful day jobs. They spend most of January studying up and learning, go a little crazy buying sites in February and March and then burn out by April. Just one theory - I'm sure there are plenty of other good, valid ones.

    But I do think the new layout features could have something to do with slow downs as well. Personally, I'm frustrated with how much more confusing it's become - I've had to spend a lot of time tweaking my filters just to find the kind of sites I like.
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  • Profile picture of the author hotftuna
    Several different business models are slow for me right now. Just seasonal plus the bad economy.
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  • Profile picture of the author Imran Naseem
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    I think it must be the holiday season which explains the low views. I have had the same problem.

    Hopefully it will pick up soon.
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  • Profile picture of the author Vis
    It may be due to the change of the home page. I went in with the casual buyer's mindset. I see down there the listing tabs showing the Featured sites, the Latest listings, the Ending Soon, Just Sold, and Ended Unsold.

    I am ignoring the last two tabs as they don't mean anything to my mindset.

    I check the Featured listings - of course they are the first tab to get my attention. Next - I go to the Ending Soon as I am getting interested now to catch any good sites going out. Then I go to the Latest Listings to check any more interesting sites and mark those to snipe at.

    That's it for me.

    There are only 26 sites shown in each listing tab before the "MORE" button... therefore for casual buyers like me, the only sites to get a lot of attention are those 26 sites in the featured, the ending soon, and the latest listed. Any other sites don't have any chance unless with serious/determined buyers and bargain hunters.
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  • Profile picture of the author yommys01
    This is becoming annoying, there is no bids coming in even 3 hours to the end of the auction.

    Has anyone sold a money making site on this forum? I see only start up sites are being sold here.
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  • Profile picture of the author cashcow
    Has anyone sold a money making site on this forum? I see only start up sites are being sold here.
    If you mean here at the WF, yes there have been quite a few and they seem to sell pretty fast. I keep a close eye on the websites for sale section so I have noticed, but they can get drowned out by the new sites if you are going in to look casually!

    I can't believe no bids for a site making money over there? Maybe all the US buyers are saving up to pay their taxes and have no money for buying websites!

    Lee
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    • Profile picture of the author yommys01
      Originally Posted by cashcow View Post

      If you mean here at the WF, yes there have been quite a few and they seem to sell pretty fast. I keep a close eye on the websites for sale section so I have noticed, but they can get drowned out by the new sites if you are going in to look casually!

      I can't believe no bids for a site making money over there? Maybe all the US buyers are saving up to pay their taxes and have no money for buying websites!

      Lee
      I think I will try selling this site here on the warrior forum. The flippa market place is total nonesense at the moment.
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  • Profile picture of the author seobro
    I believe the reason is many people have been burned by inflated claims and there is in the well much poison. Think of all the web hosting companies that advertise unlimited bandwidth take your money and poof they are gone.

    People are more wary now.....
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  • Profile picture of the author MCDavies
    Well I'm just learning how to build and sell websites and I recently opened an account with Flippa. It seems promising to me.

    I really hope that this talk is nothing to get stirred up about.

    I'm pretty sure it's just part of the ebb and flow of the internet.

    know wha I'm sayin?
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    • Profile picture of the author yommys01
      Originally Posted by MCDavies View Post

      Well I'm just learning how to build and sell websites and I recently opened an account with Flippa. It seems promising to me.

      I really hope that this talk is nothing to get stirred up about.

      I'm pretty sure it's just part of the ebb and flow of the internet.

      know wha I'm sayin?
      Hi Davies, don't get discouraged, it happens and I very SURE the market will pick of again.
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  • Profile picture of the author DuncanMae
    Selling new, zero traffic sites on flippa was an arbitrage opportunity. The market was new and everyone was still finding out what things are worth. That's a situation that lends itself to crazy prices.

    6 Months ago you could sell new sites with no traffic for $300 ea, as fast as you could make them.

    It was normal to have a $2000-$3000 week selling new sites, both on flippa and repeat customers. I had some buyers wanting 10 sites at a time!


    The market has matured in the past few months and most buyers want something up and running with traffic and ranking.

    Sure sellers get lucky and new buyers come along an will buy a $300 new site.

    Today you just need to spend a few weeks building a little traffic and some adsense revenue and you will get $300 - $500 plus for these sites.
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  • Profile picture of the author EvanScott
    Ive noticed the view also ehh I wouldnt worry too much.....its up and down sometimes
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  • Profile picture of the author yommys01
    I don't flip start sites again but my students have never stop selling this type of sites. The difference here is that the approach have now changed.
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  • Profile picture of the author Frodr
    I have also been keeping an eye on the section we have here to sell your site.. It seems that if you have a decent enough offer you could sell out pretty quick.

    Seems warriors see more value in these types of start up sites (starving crowd?) Maybe you should try the sites for sale section under the WSO section.

    - Felix
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