Flippa silently raises base listing fee to $29

47 replies
Flippa has once again raised their fees, they are always trying to find a way to make more money for themselves!

The base listing price for an auction without any addons was $19 just a couple days ago, and is now $29. https://flippa.com/pricing

The worst part is they were silent about this and haven't made any announcements on their channels such as blog, facebook or Twitter. I'm sure they were hoping people wouldn't realize and that appears to be the case as I do not see anyone mentioning this in any other forum!
#$29 #base #fee #flippa #listing #raises #silently
  • Profile picture of the author SandraLarkin
    Banned
    That's insane. Flippa listing fees are getting out of hand, need to get a serious alternative.
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  • Profile picture of the author SandraLarkin
    Banned
    $79 for a front page listing that lasts for a day or so.
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    • Profile picture of the author Kay King
      they are always trying to find a way to make more money for themselves!
      A business with the aim of increasing profits? How awful!:rolleyes:
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      • Profile picture of the author DomainSky
        Originally Posted by Kay King View Post

        A business with the aim of increasing profits? How awful!:rolleyes:
        They were already making tons of profit off of their previous fees. This is not to mention they recently raised the maximum success fee from $500 to $2000.
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        • Profile picture of the author David Keith
          Originally Posted by DomainSky View Post

          They were already making tons of profit off of their previous fees. This is not to mention they recently raised the maximum success fee from $500 to $2000.
          just out of curiosity, how do you know how much profit they are making?

          Flippa is not a public company. The only thing you can be doing is making a somewhat educated guess about their sales numbers.

          There is no way you have even the slightest idea of their expenses which you would need to know how much profit they are making.
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          • Profile picture of the author DomainSky
            Originally Posted by David Keith View Post

            just out of curiosity, how do you know how much profit they are making?

            Flippa is not a public company. The only thing you can be doing is making a somewhat educated guess about their sales numbers.

            There is no way you have even the slightest idea of their expenses which you would need to know how much profit they are making.
            It's not hard to calculate the amount of listings they get per day, the amount of people who feature per day, along with the sales in the past 7 days which is clearly shown in the public, which they take 5% of in their success fees.

            My point is its unethical of them to make this change without a courtesy letter or even an email notification, blog post, or whatever to notify the sellers. This is the 2nd time in the past 3 months Flippa has made changes to its pricing structure to try to get more money out of sellers.
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            • Profile picture of the author David Keith
              Originally Posted by DomainSky View Post

              It's not hard to calculate the amount of listings they get per day, the amount of people who feature per day, along with the sales in the past 7 days which is clearly shown in the public, which they take 5% of in their success fees.

              My point is its unethical of them to make this change without a courtesy letter or even an email notification, blog post, or whatever to notify the sellers. This is the 2nd time in the past 3 months Flippa has made changes to its pricing structure to try to get more money out of sellers.
              My point is that you made no mention of their expenses. They are not running that business without incurring some expenses. You have no idea of what all those expenses are or how much they total.

              All you can do is make a somewhat educated guess of how much they take in from sales. Sales do not equal profit.
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            • Profile picture of the author Kay King
              It's not hard to calculate the amount of listings they get per day, the amount of people who feature per day, along with the sales in the past 7 days which is clearly shown in the public, which they take 5% of in their success fees.
              As pointed out - you have no idea of the costs involved in running the business and the website so you have no knowledge of the actual profits from that business. When a business becomes "the" place to go for a specific service or product - increasing the price structure is not unusual.

              You are using the term "unethical" in a way that makes no sense. If I own a business I have the right to increase my prices. If you object to the prices, you can advertise your sites for sale elsewhere and refuse to use Flippa. Advance notification wouldn't change anything and could result in an overload of new listings with people trying to beat a price change date.
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            • Profile picture of the author Karen Blundell
              Originally Posted by DomainSky View Post

              It's not hard to calculate the amount of listings they get per day, the amount of people who feature per day, along with the sales in the past 7 days which is clearly shown in the public, which they take 5% of in their success fees.

              My point is its unethical of them to make this change without a courtesy letter or even an email notification, blog post, or whatever to notify the sellers. This is the 2nd time in the past 3 months Flippa has made changes to its pricing structure to try to get more money out of sellers.
              the thing is, if it's your own company then you can do whatever you like with it. You don't have to tell anyone you're increasing your prices. I would. But not everyone is like me.

              Furthermore, I don't believe there's anything unethical about raising prices. Companies do it all the time.

              You have choices. You can either pay the new prices, take your business elsewhere, or create a competing site .

              Personally, I'd love to see a great site that can compete with Flippa.
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        • Profile picture of the author rowbot
          Originally Posted by DomainSky View Post

          They were already making tons of profit off of their previous fees. This is not to mention they recently raised the maximum success fee from $500 to $2000.
          Well, now you know a niche that makes way too much money. Just put up a competing site, charge half as much, and you'll have it made. Aren't you glad you found out about that?
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  • Profile picture of the author David Keith
    Those prices are not crazy if you are listing legit sites that have legit traffic and are making money. The prices sellers get for those sites easily allows them to pay to get access to such a huge marketplace.

    flippa has grown and a big part of what you are paying for with the listing fees is access to their marketplace of buyers. They have more buyers so now they can charge more... pretty much business 101.

    This really only seriously affects those who have made a business out of selling sites to others. A good percentage of those are not the most quality sites or transparent listings. No harm really done to the core of flippa's customers.
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  • Profile picture of the author Gambino
    I just hope it cuts down on the number of garbage sites/domains that you have to sift through to find something decent. The hike isn't that high, and it seems like it will hurt new sites more than established ones.
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  • Profile picture of the author DomainSky
    This is getting even more unethical. Someone mentioned about the fee increase as a comment on Flippa's facebook profile, and they removed his post (As facebook page admins can remove comments) without responding to it. They are evidently trying to hide this.
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  • Profile picture of the author AndrewAU
    Hi all.

    Can confirm we've recently adjusted the listing fee - the first time since Flippa started over 3 years ago and something clearly displayed to all sellers as part of the listing creation process.

    In the last 3 years, we've implemented industry-leading features such as Google Analytics and Google Adsense verification, advanced search functionality, escrow integration, listing syndication to our partner sites and tools and, most recently, the introduction of proxy bidding. In parallel, we've increased our customer support team to cover weekends and reduced our response time by 50%.

    To this end, we continue to get a record number of sellers along with the most qualified and active buyers anywhere. Be assured we're not now sitting idle - we still have a load of amazing features still coming through later this year.

    The main reason that we didn't do our standard blog announcement for this change is that it only impacts sellers who start as listing this week - sellers are made aware of it at checkout which is arguably the point at which it matters. Blog posts go to everyone: buyers, sellers, and everyone in between.

    Any price adjustment is only relevant to sellers at the point of listing and this is where the new pricing is displayed (email was not really a strong option here as we have no way of identifying which users are about to create a listing). Apologies if this came across as silence on our part as this was not the intent. Not sure what was being referred to wrt our facebook page but I've just come from posting this there too ...
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  • Profile picture of the author enterforum
    i think flippa need alternative..

    its expensive...
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    • Profile picture of the author fin
      Flippa are trying to weed out the junk.

      I salute them.
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  • Profile picture of the author Frank Ayres
    shame they cant have different price points ie $19 fee for site worth upto $100 and $29 for ones over $100 or something like that.

    They also put their success fee up to a min of $10 so now for every site you sell you are out $39 before you start making a profit
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  • Profile picture of the author wordpressdoctor
    Good for them.
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  • Profile picture of the author taha83
    can anyone tell me what is flippa/???!!!
    i really want to make money>..!!!
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  • Profile picture of the author edhoyz
    Very expensive for me.
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  • Any company that is serious about their business let's clients know they are raising their price, it's not brain surgery, just common business practice.
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  • Profile picture of the author sbucciarel
    Banned
    Don't forget about the Warrior Forum - Complete Sites for Sale section. It was actually created in response to the Flippa switching from Sitepoint marketplace and raising their prices the first go round.

    You can still use escrow simply by going to escrow.com and submitting the transaction and when you post in Complete Sites for Sale for $20 it stays on the front page for a few days at no additional cost, and it only costs another $20 to bump it when it reaches the third page.

    So people who want an alternative without paying $29 + success fees + what is it - $79 now for featured, use the WF. It's become a really busy section.
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  • As soon as possible I am putting a developer or two on this and creating some competition for good ole Flippa, just surprised no one has done it sooner.
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  • That is a great alternative, will check it out now. Thanks sbucciarel!
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  • Profile picture of the author mattcranfield
    Hello,

    I've just advertised one of my Website Traffic resellers site, I never even noticed the price increase. I just paid the advertising fee, from the sites profit for June.

    Maybe I should read how much I'm paying before hitting the payment button.

    Matt
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  • Profile picture of the author Gene Pimentel
    They should charge whatever they want to charge. If their service benefits you, buy it. If it doesn't benefit you, don't buy it. If they are priced too high, competition will step in. That's the very nature of business.
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    • Profile picture of the author Jays80
      It would surely reduce if not remove, So called cloned junk.
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  • Profile picture of the author SergioFelix
    Smart move, less junk to deal with.
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    • Profile picture of the author sbucciarel
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      Originally Posted by SergioFelix View Post

      Smart move, less junk to deal with.
      No ... actually, they'll just make a lot more money from the junk sellers. The junk sellers are the ones who will stay, along with the very high end sellers.

      http://www.warriorforum.com/main-int...00-flippa.html

      Flippa is overrun with people who just sell one cloned turnkey (as in ZERO traffic and ZERO sales) site after another. They use shill bidding to get on the Most Active tab and sell this worthless junk to newbies who don't know any better. They're very good at what they do and another $10 isn't going to deter them in any way.
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      • Profile picture of the author Lloyd Buchinski
        Oops, too bad. Looked like an interesting link, but the topic has been deleted.
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        • Profile picture of the author Al Shelby
          Most Flippa alternatives are a joke. They are just cookie cutter Flippa clone scripts. I also think the silent price increase is unprofessional. I honestly didnt even notice because I was used to the $19 and I saw the "9" in 29.

          Also, has anyone checked their bank statements? They actually charge $29.23 but all the receipts they email only say $29....They dont make any mention of the extra .23 cents anywhere. Is it tax or what? I'm going to go dispute this with my CC company because contacting Flippa is just useless. They pick and choose what they want to respond to. Basically, if you are complaining about something, they will ignore you.
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  • Profile picture of the author Paul Gram
    $29 is not that much to list on the most popular domain/website flipping website on the internet.
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  • Profile picture of the author Frank Voce
    Any other good alternatives out there ?
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  • Profile picture of the author Chri5123
    To be honest when I use Flippa I add all of the extras in anyway such as featured listing etc...

    If you can't afford the listing fee or are unsure it probably means that you are not confident the site will sell.
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  • Profile picture of the author Kristabelle
    Didnt know that - thanks.
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  • Profile picture of the author Tim Franklin
    I believe that until Flippa Cleans up the mess they have on there with regard to all the game playing that is going on, and if your a serious user on flippa you know what I am talking about, shills, bots, questionable domain names, unrealistic income claims, and a host of other very questionable practices the value of the service is in doubt.

    In any business the more you make from your clients and vendors the higher your profits are, this is why Ebay became such a success, initially it was very cheap to list, however they changed the model over time it is still not a bad marketplace, but they really changed it up and so caused a ripple in the market.

    Flippa is in a place where they should be at a $9.95 listing with a membership fee for sellers, who are serious about selling on flippa, the idea of increasing the listing fee tells me one thing they are not as successful as they want you to believe.

    They are not allegedly well managed or even organized in a meaningful way.

    Over all the word I would use to describe the company at this time would be Dubious.
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    • Profile picture of the author JakeDaly
      Flippa can S my D, let's burn that mother down!

      ... *goes to use Flippa to sell his site since there's no viable alternative*
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  • Profile picture of the author Chris Rockstar
    We use Flippa all the time, not much lately tho, but yeah I think the price increase is to filter all those awful sites being listed and all those outsourcing websites that sell for a few bucks.

    Maybe it is time for someone to start a "serious" flippa competitor.
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  • Profile picture of the author NicheRaider
    I like Flippa for the most part but it's definitely worrisome that they are raising their fees so much, so quickly. It is a large marketplace with lots of buyers but unless you purchase the front page upgrade many auctions end up getting relatively few listing views.

    I see more and more quality sellers moving over to doing private sales off of their own websites and lists, so they can avoid Flippa altogether. That trend should increase greatly I think. Also, it's only a matter of time until 1 or more serious competitors show up to give Flippa some real competition.

    I would LOVE to see a well-managed auction site that's focused on lower-end sites in the $150-$700 range. The key to success would be to keep fees low but also keep crappy spam site listings to a minimum!
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  • Profile picture of the author mogulmedia
    I think Flippa are going to over-step the mark very soon.

    People were already pissed when they increased the minimum success fee and that was only a $5 increase.

    They do seem to be getting quite greedy. If you don't have a high-end website to sell then basically you can f*** off is what they're saying!

    Of course they are a business and there to make money but getting greedy is good for no person or business and it'll bite then on the ass sooner or later. Probably sooner too at the rate they're increasing their fees...
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  • Profile picture of the author icoachu
    It should be at least $100. Hopefully that will cut down on nasty low-value listings on that site. People rely on Flippa for good value sites worth buying. They shouldn't have to wade through cookie cutter 'made for flippa' sites....
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  • Profile picture of the author Niranpr
    29$ It worth for seller who serious about their business.
    If seller have a good website, good traffic.
    Many website cost thousands of dollars.

    Put yourself in buyer shoes, if you cannot pay fee only $29
    how can the buyer trust your website?
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  • Profile picture of the author Dazzling Content
    The price increase ain't gonna deter those junk sellers. Better make it $100 or more per listing so that most (not all) listings will be those of quality websites. But the dilemma is that if Flippa raises the listing fee too high, people will start looking for cheaper alternatives.
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    • Profile picture of the author vicdublin
      I do not think that Flippa is actually hiking their price to deter junks. From their reps comment above, The price increase is to cater for their operating cost for a better service to the users.
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  • Profile picture of the author richt1984
    I'd still pay it, It's the front page listing fee's etc I don't like too much for the short time it actually is on front page
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    • Profile picture of the author Al Shelby
      Nobody knows what the extra .23 cents is for lol? I know it's not alot of money but it seems shady.
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      • Profile picture of the author Kay King
        If you post here about it (bumping an old thread) - contact Flippa a time or two - read the replies here and then complain to your credit card provider....you might get the .23 cents back. Or you might find it's some tiny fee or something was pro-rated and get nothing back.

        After all that time spent - you might have .23 cents. Cost/benefit analysis on that doesn't compute.
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