Gave Flippa a try and made $587 so i'm happy!

by Gengis 51 replies
So I had this site that wasn't performing that well for me and I have alot of projects going on so a mutual marketer friend and I were talking on the phone and he said "Dude just throw it on flippa and see what happens" ..

So I took his advice, I was a little skeptical because I tried selling a site there about a yr ago with no luck..

I made a pretty simple listing but gave any pertinent that would build up the value of my listing..

I started the auction at I think about $1 and put a Buy It Now option on there for $587..

When there was about 20 mins left from it ending someone clicked on buy it now and the money was in my paypal account!!

Pretty cool that now I know if something is not working out well for me, I need to move on because it's taking to much of my time or I have to many projects and need to let go on some to focus on bigger things, I can and make money while at it in FLippa!!
#main internet marketing discussion forum #$587 #flippa #gave #happy #made #proud #success
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  • Profile picture of the author Joe Lumbergh
    nice, congrats! Have no exp. with flippa, but hearing not only good things about it.

    guess its also alittle luck involved

    anyways congrats and keep it up
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  • Great! I wouldn't expect this kind of thing to happen very much on this site, but I'm glad you were able to profit this much from it
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  • Profile picture of the author FaizanHabib
    Great yar . . . i will also try
    my site is not performing well.
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  • Profile picture of the author Cassano 10
    How much Flippa fee ?
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    • Profile picture of the author Mike Hlatky
      Originally Posted by Cassano 10 View Post

      How much Flippa fee ?
      $29 to list + 5% success fee

      $58.35 total
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  • Profile picture of the author Gengis
    Thanks guys, just like anything else you are trying to sell if you understand selling and marketing it makes everything easier..
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  • Profile picture of the author humbledmarket
    Banned
    Seems to be hit and miss with flippa in our experience.Sometime we have extra micro niche sites that go for a couple hundred (with SEO ranks) and others we have some high quality investment that barely makes it to a $100.

    The worse thing is perhaps how the fees really add up:
    - If you want to really sell anything significant you generally need the front page listing feature at the start or end to get final ending bits and more watchers ($49)
    - Initial listing fee ($27)
    - Then there are the highlights and bold which if you plan on using their front page
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  • Profile picture of the author TolyZ
    Waiting for a thread:
    "I sold a site on flippa with PayPal, buyer filed a chargeback"
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  • Profile picture of the author zahanega
    congrats!
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  • Profile picture of the author BlvdJeremy
    Sweet! Congratulations on the sale. I've never used Flippa before.
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  • Profile picture of the author JohnnyNight
    Originally Posted by Gengis View Post

    So I had this site that wasn't performing that well for me and I have alot of projects going on so a mutual marketer friend and I were talking on the phone and he said "Dude just throw it on flippa and see what happens" ..

    So I took his advice, I was a little skeptical because I tried selling a site there about a yr ago with no luck..

    I made a pretty simple listing but gave any pertinent that would build up the value of my listing..

    I started the auction at I think about $1 and put a Buy It Now option on there for $587..

    When there was about 20 mins left from it ending someone clicked on buy it now and the money was in my paypal account!!

    Pretty cool that now I know if something is not working out well for me, I need to move on because it's taking to much of my time or I have to many projects and need to let go on some to focus on bigger things, I can and make money while at it in FLippa!!
    Nice to hear about the sale,

    but could you explain what you meant by "I made a pretty simple listing but gave any pertinent that would build up the value of my listing.."

    Thanks
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  • Profile picture of the author larryboy03
    Well done, I recently just sold my first website for $1,750
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    Do you have a website making money and want to sell it? Contact me, I'm looking to buy sites monetized by Amazon and Adsense!!
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    • Profile picture of the author JohnyEnglish
      Originally Posted by larryboy03 View Post

      Well done, I recently just sold my first website for $1,750
      I just sold my website for $5000

      OP would you please show your flippa listing? So we may take a look at your website's strategy..
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      • Profile picture of the author heavysm
        Did you pick the $587 BIN for a particular reason? I don't often see odd amounts for the BIN on flippa auctions.
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      • Profile picture of the author Gengis
        Originally Posted by Matthew Wellington View Post

        I've always wanted to sell some of my sites on Flippa, but have always been dubious, as they don't make any money (although they have potential). All the sites with no traffic or revenue that I see sell for nothing.
        Yea bro if they haven't made money I can see where it would be harder, mine had made about $300 in a bout 2 months which im sure helped with the sale..
        Originally Posted by wfjason View Post

        Congratulations to you I personally see it as a good way to get some capital gains but I will not treat this as a long term business model as the cash flow coming in might not be consistent and stable. But it is definitely a good idea to sell a few websites per month and get some money to pay off the bills or invest back to the main internet business.
        Definitely!

        Originally Posted by JohnyEnglish View Post

        I just sold my website for $5000

        OP would you please show your flippa listing? So we may take a look at your website's strategy..
        It was just one of my info products that didn't perform like I wanted it to and I posted it and now i'm happy and can move on..

        Originally Posted by heavysm View Post

        Did you pick the $587 BIN for a particular reason? I don't often see odd amounts for the BIN on flippa auctions.
        I chose $587 because with their fee structure i knew i'd make a clean $500 which is what I really wanted for it so it worked out ..

        Originally Posted by Art of Marketing View Post

        Congrats on your success with Flippa...it has its advantages and disadvantages but money is certainly changing hands there on the daily.

        I had a quick 3 day auction and made about $3000 on Buy It Now just selling the Master Resale rights to an ebook I already launched that made a quick $5000 on its own in ebook sales.

        That went so smoothly I quickly placed another unique custom ebook with Master Rights auction that I never put up for sale but it had the "potential" to make a smart buyer some major cash very quickly...that was a crash and burn! I owed for the listing after a no sale!

        So you have heard it before and will hear it again...better to flip a proven money maker than a "potential" money maker even if its a legit one.

        -Art
        Wow awesome job with your first one and good advice as well!
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  • Profile picture of the author Fazal Mayar
    congrats, it doesnt mean you get only 5 dollars that you cant make more. Fiverr is really a good place to start making money
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    • Profile picture of the author Gengis
      Originally Posted by humbledmarket View Post

      Seems to be hit and miss with flippa in our experience.Sometime we have extra micro niche sites that go for a couple hundred (with SEO ranks) and others we have some high quality investment that barely makes it to a $100.
      Yea on my first listing I didn't make anything on it so I see where it can be hit or miss.. As long as you have enough home runs though it would be worth it

      Originally Posted by JohnnyNight View Post

      Nice to hear about the sale,

      but could you explain what you meant by "I made a pretty simple listing but gave any pertinent that would build up the value of my listing.."

      Thanks
      I focused on the value of the site and its potential for the ideal candidate who can give it the time it deserves, where as I was barely paying attention to it cuz I'm pretty busy doing other stuff like hanging out with my kids and building my business late at night..

      Originally Posted by larryboy03 View Post

      Well done, I recently just sold my first website for $1,750
      Awesome!!

      Originally Posted by Fazal Mayar View Post

      congrats, it doesnt mean you get only 5 dollars that you cant make more. Fiverr is really a good place to start making money
      Yes sir, alot of people complain about not making money on fiverr or what can they do to make their initial money online "Pop their cherry" and fiverr is a great place to get your start..
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  • I've always wanted to sell some of my sites on Flippa, but have always been dubious, as they don't make any money (although they have potential). All the sites with no traffic or revenue that I see sell for nothing.
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    • Profile picture of the author OLechat
      Originally Posted by Matthew Wellington View Post

      I've always wanted to sell some of my sites on Flippa, but have always been dubious, as they don't make any money (although they have potential). All the sites with no traffic or revenue that I see sell for nothing.
      Hi Matthew! For sites with no traffic or revenue, and which will most likely sell for under $200, we have a discounted listing type ($9 instead of $29). Just select "a new website" when you create your listing.
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      • Profile picture of the author im0001
        Originally Posted by OLechat View Post

        Hi Matthew! For sites with no traffic or revenue, and which will most likely sell for under $200, we have a discounted listing type ($9 instead of $29). Just select "a new website" when you create your listing.
        What if the sites have been built on fairly good domain names but don't get any traffic - my fear is if I started the auction at $1 and it sold for $30, then I would lose my domain name which I rate at a much higher price than the sold price of $30?

        That's why Flippa is a big dilemma for site/domain owners like myself.
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        • Profile picture of the author OLechat
          What if the sites have been built on fairly good domain names but don't get any traffic - my fear is if I started the auction at $1 and it sold for $30, then I would lose my domain name which I rate at a much higher price than the sold price of $30?

          That's why Flippa is a big dilemma for site/domain owners like myself.
          You can set a reserve price for your auction. If bidding doesn't reach the reserve, you're under no obligation to sell.
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          • Profile picture of the author im0001
            Originally Posted by OLechat View Post

            You can set a reserve price for your auction. If bidding doesn't reach the reserve, you're under no obligation to sell.
            Items with a reserve price never perform as well as those without one, because that would deter so many bidders to bid in those auctions.
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            • Profile picture of the author OLechat
              I don't know why this particular piece of "wisdom" keeps getting passed around. If you're selling your site for less than you'd like, you lose. Of course sites with no reserve have a higher sale rate: they sell if anybody places a bid, no matter how low.
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              • Profile picture of the author im0001
                Originally Posted by OLechat View Post

                I don't know why this particular piece of "wisdom" keeps getting passed around. If you're selling your site for less than you'd like, you lose. Of course sites with no reserve have a higher sale rate: they sell if anybody places a bid, no matter how low.
                It's not so much selling it for less than we like, it's rather the possibility of selling it for a pittance. Not every person who buys sites at Flippa has a fair appreciation of the true value of domain names. For instance, would it be fair for a site owner to let his site go for something like $200 where he's pretty sure that the domain name alone is worth more than that - and putting a reserve price on average quality domain names won't work.
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              • Profile picture of the author girltime
                That's something to think about. Interesting point.
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  • Profile picture of the author wfjason
    Congratulations to you I personally see it as a good way to get some capital gains but I will not treat this as a long term business model as the cash flow coming in might not be consistent and stable. But it is definitely a good idea to sell a few websites per month and get some money to pay off the bills or invest back to the main internet business.
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  • Profile picture of the author G0nzalez
    Congrats! I didn't have success with Flippa. I hope I will get to sell one of my sites there. Currently I'm working on getting more traffic to one particular site.
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  • Profile picture of the author onlineworkers
    Oh congrats. So even there are some genuine sellers on such sites... Else most of them are filled with crap.
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  • Profile picture of the author evas
    I think the website get lot of visitors everyday ?
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  • Profile picture of the author jazbo
    Good news. There is definitely still good money in flipping!
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  • Profile picture of the author JakeRhodes
    Congratulations! I've had good experiences with Flippa myself, well worth trying if you've got a website that you no longer have time for.
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  • Profile picture of the author maceemiller
    Thats awesome mate!! Really, well done
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  • Profile picture of the author rghdtyjtwen
    Banned
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  • Profile picture of the author summerdayz
    How many hours have you spent on the website so far? $500+ doesn't sounds like a good deal.
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    • Profile picture of the author im0001
      Originally Posted by summerdayz View Post

      How many hours have you spent on the website so far? $500+ doesn't sounds like a good deal.
      If the domain name did not have any value and the site did not get any organic traffic then that's a great deal - the number of hours don't count in this case.....!
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  • Profile picture of the author mohsinmallik
    You have been very lucky. I know some people who have listed their sites at flippa for a very long time but yet struggling to get a buyer. BTW, congratulation and I hope this will work as a inspiration for you.
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  • Profile picture of the author Trey Morgan
    Congrats. Unexpected money always feels good.
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  • Profile picture of the author John P
    Congratz on your sale bro.

    Flippa can be really profitable if you know what you are doing.But lately the members there stopped looking for turnkey sites and now they look for established sites with revenue and traffic.

    If you don't have that it will be hard to sell a site there.
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  • Profile picture of the author Jonathan Joseph
    Congrats Gengis!

    I bet that one felt great.
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  • Profile picture of the author Vector Graphics
    Wow Flippa increased their $19 listing fee? Of course they always seem to be increasing their prices everywhere. This probably has something to do with their site having too many crappy listings that no body wants to buy.

    Good job buddy I have sold a few sites on Flippa too. Not too many other places you are going to get that kind of exposure.
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  • Profile picture of the author Publisher1953
    I get a perception of Flippa being something like the wild west. It can work (for both buyer and seller) but the cliche "buyer beware" (or perhaps in some cases, "seller beware") applies.

    In one case I know about, someone purchased a purportedly AdSense-profitable site for several hundred dollars. The vendor arranged to put the purchaser's (new) AdSense code on the site and his account was disabled within days, on one level, fortunately, since the disabling occurred within the escrow period, so he was able to get a full refund of the selling price. Then the disappointed purchaser noticed the site had reappeared, again with apparently active AdSense code.

    When the failed purchaser posted the relevant site on the AdSense help forum, several of us quickly concluded the site was absolutely not suitable for AdSense, but the poor purchaser, hoping for the steady income based on the Flippa purchaser's claims, had fallen for the bait. Of course, while not out of pocket, he won't easily get another AdSense account -- and I can imagine the pain if his new (and newly disabled) AdSense account survived the Flippa escrow period.

    Caveat Emptor
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  • Profile picture of the author kennytan
    Great and Congrats on your success on flippa.

    What type of site do you sell on flippa?
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  • Profile picture of the author sobbycv
    well thats good

    I have been trying to BUY some sites on flippa and have not been successfull
    It seems that even sites with no bids start getting lot of bids once I bid on them

    I bid on a site which had only few hours to go and 2 bidders and suddenly some guy bids it up to 1000

    am still looking and hoping to get some decent site with atleast 100$ income
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  • Profile picture of the author MaderC
    Congratulations and good luck.
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  • Profile picture of the author muffty
    That's great - it's something I've been thinking about doing up haven't got round to it yet!
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  • Profile picture of the author AlexGeorge
    Well done I've been thinking about putting some of my sites on flippa. I have a site making some Adsense income about $30 a month and it gets 50-100 hits a day in the solar energy niche.
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  • Profile picture of the author girltime
    Good for you. I've had a couple good sales so far, but no Buy It Nows yet.
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  • Profile picture of the author im0001
    You can't just allow a valuable domain name go and not bother about it, are you kidding or a millionaire? This is supposed to be a business and not a lottery!
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  • Profile picture of the author stonecoldmf
    Congrats, you are really lucky you made $587! If you are investing in Flippa you truly need to comprehend the quality of a site so that as a merchant, you can procure the most astounding cost conceivable and then again as a purchaser, you have to have the ability to distinguish the numerous undervalued deal chances on offer each day on Flippa.
    I think ebay would be trused site to deal with. As a purchaser you realize what something is worth and you log on and begin the offering process with the point of winning the bartering at a value you know is set to be less than retail, or in the event that its a collectible thing, a value that you know is reasonable.
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  • Profile picture of the author danlew
    Congratulations on your success with Flippa. Keep it up! Just remember, don't stop till you reach something even bigger than what you have earned right now. Take action!
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