Well this is the final post in the Fliptatics series and I really hope you've beenable to take something away from it, I know I've certainly enjoyed writing it. Inthis last post I would like to cover some of the things you should and should not bedoing on auction day in order for you to achieve maximum profit from your websitesale. The first thing which needs to be said and probably the most obvious is that if you don't have a fairly decent site to sell then no amount of sales copy orjargon is going to get you a good price and I'm sure you wouldn't expect it toeither.
The first thing you absolutely must do before you even begin to construct yourlisting for Flippa is familiarise yourself with all of the selling fees which you can potentially incur. A full list of the auction fees can be seen here:http://flippa.com/pricing. For a standard basic listing it's going to cost you $19 which is payable immediately when the auction is created, in addition there is a 5% success fee which must be paid after the auction completes. The success fee is capped at $498 and can be split between the seller and the buyer or paid in full byeither party.
There are several listing upgrades available which, if you purchased all of them,would cost you over $100, but if you are selling a high priced site then many ofthose upgrades may certainly be worth the investment, particularly the front page listing. Read the rest of this entry »
Update: I would like to provide a couple of updates to this post for a couple of reasons. Firstly to apologise to the guys at HalfAgain for any bad feeling caused by my post below, as I can see how some of my comments may have been taken to cause offence. The comments weren't mean to come across as they did and after reflection and a lengthy discussion with Omar at HalfAgain I would like to retract my comments.
The second reason I wanted to provide an update was to give you more information on why they guys at Half Again decided to try and raise some cash from their business. I had a long email conversation with Omar at HalfAgain and essentially what they were looking for, and may still be looking for, is a partner who could potentially manage the marketing side of HalfAgain, allowing them to free up their time and put their effort into more mainstream projects. They have developed some great products which are stable and just require marketing, really it's a "no brainer" as to why they would have tried to take on a partner.
End Update
Okay so this was one I guess I didn't really expect, I was in the middle of writing my final Flippa post in the Fliptastic series and doing my usual daily browse around Flippa and found this ...Half Again.com, the creators of StoreStacker, BlogProftiz and many other products in the niche site building arena. They are looking for offers around $200,000 or other 'deals' can be negotiated. Will they really achieve their asking price? I don't really know but I'll certainly be watching with interest.
Auction can be seen here!
I only want to make this a short post just to let you know a little tip about getting ahead in your website flip.
One of the things which people find most difficult is getting visitors to their website in the first place, they can build some really great looking sites in really great niches but they struggle when it comes to getting traffic. Whilst there is no miracle solution to this issue, other than good marketing and hard work, there is a little tactic you can use to get yourself ahead from the very beginning.
Where do you buy your domains?
In the previous post 'Fliptactics - Building A Fliptastic Site' we saw how well a site was selling on Flippa which had high traffic, Google PR and an aged domain amongst many other things. But the reason I mention these three things in particular is simply because these are things you can sometimes get to a certain extent just by purchasing your domain name from Godaddy auctions (thanks to Mark - The Niche Store Builder for sending me here a couple of years back). Godaddy auctions have thousands of domain names listed starting from just $5 which already have traffic, Google PR and often many backlinks. In fact, just a few months a go Read the rest of this entry »
If you've missed any of the posts so far in the Flippa series then you can catch up using the links listed below:
Building a site which would make a good Flip isn't as hard to do as you may think, the concept of Flipping is to build a website which conforms with the market trends or with what people want. If you are already building websites and earning profit from them then you are pretty much there already but as we have seen in the last few posts profit alone isn't the only thing that makes a 'fliptastic' site. There are several factors which will influence the sale of a site and which will influence the profit you end up taking home at the end of the day.
As I've mentioned several times previously, looking at what is for sale on Flippa (what it's main features are), how it's being sold and how much it's actually selling for can be a huge influence on which direction you go with your own 'build to flip' website. Read the rest of this entry »
Firstly, my apologies for the lack of posting recently, I'm currently working on TWO LARGE projects which are taking up a lot of my time but I know you are going to love both of them. I'll let you know more within the next couple of weeks but your not going to want to miss out so stay tuned!!
When you are listing a site for sale on Flippa, they allow you to list your website with tags to provide an alternative method for people to find your listing, just as we would when publishing a post in WordPress. Tags are also an alternative method of buyer notification, buyers are able to request notifications by email every time a new listing is placed using that particular tag. You will find that the more serious buyers with an interest in building their portfolio in a particular area will subscribe to tags and bring you well targeted traffic to a new listing IF used correctly. Read the rest of this entry »
Deciding what's hot or in other words what's actually selling on Flippa.com is something you have to do before you go any further with your flip, this applies regardless of whether you are building to flip or are looking to flip a pre-built site. The only difference is that if you are selling a site you already own then you may deicde to sell or not sell it based on your findings, whereas if you are building a site to flip you could potentially waste a lot of time on a site which has little or no value on Flippa.
Flippa.com makes it extremely easy for you to find out what's hot and what's not with the wealth of information which is readily avialable on their site. By using this information you can make an informed choice on the profit potential of a built to flip site or on a pre-built site you already own. There are several main peices of information which you can examine and take note of Read the rest of this entry »
People Wanted For Top Money Making Scam ... cough ... Opportunity!
Flippa.com is a complete and total waste of time, it's a dumping ground full of poorly made affiliate websites with no content, no SEO, no traffic and no 'real' value whatsoever. If you don't know how to build, promote or monetize an affiliate website BUT you are a great graphics designer then Flippa needs you! Sell your sites for more than they are worth and take advantage of innocent buyers where possible!...
Okay okay, you've got me, so it's not a 'real' job opportunity but it's the type of HYPED UP CRAP that certain people will have you think if you believe everything you read on the internet. It's usually the kind of thing you will hear from people who have never used Flippa or don't know how to take advantage of the opportunities Flippa.com provides. You only have to take a quick look over Flippa to find some seriously good websites and businesses which are making a pretty penny every single month. Now surely these websites MUST have more to them than just good graphics, right? Read the rest of this entry »
The concept behind flipping websites for cash isn't a complicated one and it's one which we have been dabbling in over the past few months and watching others doing to obvserve the best methods to use when flipping. Flipping isn't something I would want to do full time myself but it is something I've been able to use to add a good addition income stream for my business. I only tend to sell sites which I have no interest in keeping.
What Is Flipping?
You'll all have heard of flipping websites around the web, flipping is simply selling a website (or domain) you have built or accquired in the aim of making a profit on that sale. There are plenty of info products appearing around the internet which claim to tell you the secrets behind making $1000's of extra dollars a week just by selling websites. Whilst this is Read the rest of this entry »
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