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Mastering Flippa in 2013
A look at buying, selling and flipping
websites in 2013: What’s new, what’s
    going to work, what’s not…




               By David Gass and Chris Yates
     Co-Creators of BuyingandSellingWebsites.com and
             The Internet Investment Summit

       www.BuyingandSellingWebsites.com
Outline
• Flippa in Review (2012)
  – And Buying/Selling Websites in General
• New for 2013
  – Flippa
  – Buyers/Sellers
     • CEO Dave Slutzkin, Flippa.com NEW FOR 2013
• What All This Means for Us


              www.BuyingandSellingWebsites.com      ©2013 BuyingandSellingWebsites.com
2012 Recap

•   98,523 New Users Joined Flippa.com
•   8,000 Users were Banned or Suspended
•   29,000+ Websites & Domains Were Sold
•   Over $22million in Sales




              www.BuyingandSellingWebsites.com   ©2013 BuyingandSellingWebsites.com
New in 2012 for Flippa.com
• From CEO of Flippa.com Dave Slutzkin

“The biggest change is one that users won’t see.
We’re now in a better position than ever to
catch shill bidders, recalcitrant scammers and
walk-away bidders. In fact we’ve been able to
participate in police investigations.”


             www.BuyingandSellingWebsites.com   ©2013 BuyingandSellingWebsites.com
New in 2012 for Flippa.com
• Second Chance Offers
  – Used when winning bidder doesn’t move forward
  – Offered to second closest bidder
• Privacy Upgrades
  – Hide Listing $30




              www.BuyingandSellingWebsites.com   ©2013 BuyingandSellingWebsites.com
New in 2012 for Flippa.com
• Automated Bid Management
  – Only accept bidder not individual bids




              www.BuyingandSellingWebsites.com   ©2013 BuyingandSellingWebsites.com
New in 2012 for Flippa.com
• New Site Sales
  – Brand new sites are listed as “NEW WEBSITE”
  – Can’t claim traffic,
    revenue, site age
  – $9 instead of $29
    listing fee
  – 15% rather than
    5% success fee


             www.BuyingandSellingWebsites.com   ©2013 BuyingandSellingWebsites.com
New in 2012 for Flippa.com
• More Enforcement of
  Critical Stats
  – Claiming Revenue
  – Claiming Site Age
  – Minimum of 2 Months
    Revenue History Required




             www.BuyingandSellingWebsites.com   ©2013 BuyingandSellingWebsites.com
New in 2012 for Flippa.com
• Buyer Certification
  – Must be certified to
    bid over $200
  – $5 Fund check on
    credit card




              www.BuyingandSellingWebsites.com   ©2013 BuyingandSellingWebsites.com
New in 2012 for Flippa.com
• Flippa Marketing Activities
  – Flippa Valuation Tool
  – https://flippa.com/valuation

• Affiliate Program
  – Share-a-Sale Program
  – Rolled Out Jan 2013




                  www.BuyingandSellingWebsites.com   ©2013 BuyingandSellingWebsites.com
New in 2012 for Flippa.com
• Listing Verification
  – Verified Adsense
  – Verified Analytics
• Will More Verifications be Coming in 2013




              www.BuyingandSellingWebsites.com   ©2013 BuyingandSellingWebsites.com
New in 2012 for Flippa.com
• User Reputation
  – Tracking where people login and making it public
  – If a user loses a dispute, it’s made public




               www.BuyingandSellingWebsites.com        ©2013 BuyingandSellingWebsites.com
New in 2012 for Flippa.com
• Latest Pricing and Upgrade Prices
  – https://flippa.com/pricing
  – Listing and success Fee can range from $9 to $2,000
  – Upgrades for websites can be from $5 to $250 each




               www.BuyingandSellingWebsites.com      ©2013 BuyingandSellingWebsites.com
New in 2013 for Flippa.com
• Top UserVoice Requests Under Review
  – Don’t allow auction owner to delete comments




             www.BuyingandSellingWebsites.com   ©2013 BuyingandSellingWebsites.com
New in 2013 for Flippa.com
• Planning to Implement According to UserVoice
  – Iphone App for Flippa
  – Receive emails from listings in watch list when
    seller reduces BIN price
  – Add BIN range to the search




              www.BuyingandSellingWebsites.com   ©2013 BuyingandSellingWebsites.com
New in 2013 for Flippa.com
• Planning to Implement According to UserVoice
  – Create a live logged chat
  – Track the success or failure of sites sold through a
    blog with in depth articles
  – Make an option to view more listings at a time
    rather than scrolling




              www.BuyingandSellingWebsites.com   ©2013 BuyingandSellingWebsites.com
New in 2013 for Flippa.com
• Planning to Implement According to UserVoice
  – Format Auction for Printing
  – Create More Badges and Links
  – Allow Profit to be Negative




             www.BuyingandSellingWebsites.com   ©2013 BuyingandSellingWebsites.com
New in 2013 for Flippa.com
• From CEO Dave Slutzkin

“Website Portfolio Management Tool –
Dashfolio. …It’s a revolution for those who care
about keeping their website running at its best.
…Keeping track of all your websites information
in one place.”


             www.BuyingandSellingWebsites.com   ©2013 BuyingandSellingWebsites.com
New in 2013 for Flippa.com
• From CEO Dave Slutzkin
  Question: Updates clients need to know about for
  the industry?



  “No secrets here – content, content, content. If you
  don’t currently have a scalable way of creating
  content for your sites then you need to get one…
  The sites selling best at the moment are those with
  really solid content fundamentals.”
              www.BuyingandSellingWebsites.com   ©2013 BuyingandSellingWebsites.com
Competitors Gaining Ground
• Apptopia.com – Is Flippa ignoring Mobile Apps




            www.BuyingandSellingWebsites.com   ©2013 BuyingandSellingWebsites.com
Competitors Gaining Ground
• Digital Point Marketplace – Newly Redesigned




            www.BuyingandSellingWebsites.com   ©2013 BuyingandSellingWebsites.com
Competitors Gaining Ground
• Latonas.com – Other Brokers Selling Privately




             www.BuyingandSellingWebsites.com   ©2013 BuyingandSellingWebsites.com
Competitors Gaining Ground
• The Key to Success in This Market
  – Direct Negotiation
  – Cold Calling




             www.BuyingandSellingWebsites.com   ©2013 BuyingandSellingWebsites.com
Big Trends for 2013
• Few sites with
  steady revenue
  due to Google
  updates
• More buyers –
  few quality sites




             www.BuyingandSellingWebsites.com   ©2013 BuyingandSellingWebsites.com
Big Trends for 2013
• Buyers getting more educated, experienced
• Harder for sellers to exaggerate stats




            www.BuyingandSellingWebsites.com   ©2013 BuyingandSellingWebsites.com
Big Trends for 2013
• Quality sites will go for more
  money (supply/demand)
• Some focus shifting to mobile




             www.BuyingandSellingWebsites.com   ©2013 BuyingandSellingWebsites.com
Be In Front of The Competition
• Learn Cold Call
  Techniques that
  Can Lead to 75%
  Close Rates on
  Undervalued Sites
• Learn How to Prospect
  for the Best
  Undervalued Sites

            www.BuyingandSellingWebsites.com   ©2013 BuyingandSellingWebsites.com
www.BuyingandSellingWebsites.com   ©2013 BuyingandSellingWebsites.com
Be In Front of The Competition




                                          Rhodium




       www.BuyingandSellingWebsites.com      ©2013 BuyingandSellingWebsites.com
• View Video from Webinar at
Part I - https://www.youtube.com/watch?v=Osx11_kNJWM
Part II - https://www.youtube.com/watch?v=DV-h0GCTePQ
Part III - https://www.youtube.com/watch?v=HvKJOSuYIhQ

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Mastering Flippa.com and Buying Websites in 2013

  • 1. Mastering Flippa in 2013 A look at buying, selling and flipping websites in 2013: What’s new, what’s going to work, what’s not… By David Gass and Chris Yates Co-Creators of BuyingandSellingWebsites.com and The Internet Investment Summit www.BuyingandSellingWebsites.com
  • 2. Outline • Flippa in Review (2012) – And Buying/Selling Websites in General • New for 2013 – Flippa – Buyers/Sellers • CEO Dave Slutzkin, Flippa.com NEW FOR 2013 • What All This Means for Us www.BuyingandSellingWebsites.com ©2013 BuyingandSellingWebsites.com
  • 3. 2012 Recap • 98,523 New Users Joined Flippa.com • 8,000 Users were Banned or Suspended • 29,000+ Websites & Domains Were Sold • Over $22million in Sales www.BuyingandSellingWebsites.com ©2013 BuyingandSellingWebsites.com
  • 4. New in 2012 for Flippa.com • From CEO of Flippa.com Dave Slutzkin “The biggest change is one that users won’t see. We’re now in a better position than ever to catch shill bidders, recalcitrant scammers and walk-away bidders. In fact we’ve been able to participate in police investigations.” www.BuyingandSellingWebsites.com ©2013 BuyingandSellingWebsites.com
  • 5. New in 2012 for Flippa.com • Second Chance Offers – Used when winning bidder doesn’t move forward – Offered to second closest bidder • Privacy Upgrades – Hide Listing $30 www.BuyingandSellingWebsites.com ©2013 BuyingandSellingWebsites.com
  • 6. New in 2012 for Flippa.com • Automated Bid Management – Only accept bidder not individual bids www.BuyingandSellingWebsites.com ©2013 BuyingandSellingWebsites.com
  • 7. New in 2012 for Flippa.com • New Site Sales – Brand new sites are listed as “NEW WEBSITE” – Can’t claim traffic, revenue, site age – $9 instead of $29 listing fee – 15% rather than 5% success fee www.BuyingandSellingWebsites.com ©2013 BuyingandSellingWebsites.com
  • 8. New in 2012 for Flippa.com • More Enforcement of Critical Stats – Claiming Revenue – Claiming Site Age – Minimum of 2 Months Revenue History Required www.BuyingandSellingWebsites.com ©2013 BuyingandSellingWebsites.com
  • 9. New in 2012 for Flippa.com • Buyer Certification – Must be certified to bid over $200 – $5 Fund check on credit card www.BuyingandSellingWebsites.com ©2013 BuyingandSellingWebsites.com
  • 10. New in 2012 for Flippa.com • Flippa Marketing Activities – Flippa Valuation Tool – https://flippa.com/valuation • Affiliate Program – Share-a-Sale Program – Rolled Out Jan 2013 www.BuyingandSellingWebsites.com ©2013 BuyingandSellingWebsites.com
  • 11. New in 2012 for Flippa.com • Listing Verification – Verified Adsense – Verified Analytics • Will More Verifications be Coming in 2013 www.BuyingandSellingWebsites.com ©2013 BuyingandSellingWebsites.com
  • 12. New in 2012 for Flippa.com • User Reputation – Tracking where people login and making it public – If a user loses a dispute, it’s made public www.BuyingandSellingWebsites.com ©2013 BuyingandSellingWebsites.com
  • 13. New in 2012 for Flippa.com • Latest Pricing and Upgrade Prices – https://flippa.com/pricing – Listing and success Fee can range from $9 to $2,000 – Upgrades for websites can be from $5 to $250 each www.BuyingandSellingWebsites.com ©2013 BuyingandSellingWebsites.com
  • 14. New in 2013 for Flippa.com • Top UserVoice Requests Under Review – Don’t allow auction owner to delete comments www.BuyingandSellingWebsites.com ©2013 BuyingandSellingWebsites.com
  • 15. New in 2013 for Flippa.com • Planning to Implement According to UserVoice – Iphone App for Flippa – Receive emails from listings in watch list when seller reduces BIN price – Add BIN range to the search www.BuyingandSellingWebsites.com ©2013 BuyingandSellingWebsites.com
  • 16. New in 2013 for Flippa.com • Planning to Implement According to UserVoice – Create a live logged chat – Track the success or failure of sites sold through a blog with in depth articles – Make an option to view more listings at a time rather than scrolling www.BuyingandSellingWebsites.com ©2013 BuyingandSellingWebsites.com
  • 17. New in 2013 for Flippa.com • Planning to Implement According to UserVoice – Format Auction for Printing – Create More Badges and Links – Allow Profit to be Negative www.BuyingandSellingWebsites.com ©2013 BuyingandSellingWebsites.com
  • 18. New in 2013 for Flippa.com • From CEO Dave Slutzkin “Website Portfolio Management Tool – Dashfolio. …It’s a revolution for those who care about keeping their website running at its best. …Keeping track of all your websites information in one place.” www.BuyingandSellingWebsites.com ©2013 BuyingandSellingWebsites.com
  • 19. New in 2013 for Flippa.com • From CEO Dave Slutzkin Question: Updates clients need to know about for the industry? “No secrets here – content, content, content. If you don’t currently have a scalable way of creating content for your sites then you need to get one… The sites selling best at the moment are those with really solid content fundamentals.” www.BuyingandSellingWebsites.com ©2013 BuyingandSellingWebsites.com
  • 20. Competitors Gaining Ground • Apptopia.com – Is Flippa ignoring Mobile Apps www.BuyingandSellingWebsites.com ©2013 BuyingandSellingWebsites.com
  • 21. Competitors Gaining Ground • Digital Point Marketplace – Newly Redesigned www.BuyingandSellingWebsites.com ©2013 BuyingandSellingWebsites.com
  • 22. Competitors Gaining Ground • Latonas.com – Other Brokers Selling Privately www.BuyingandSellingWebsites.com ©2013 BuyingandSellingWebsites.com
  • 23. Competitors Gaining Ground • The Key to Success in This Market – Direct Negotiation – Cold Calling www.BuyingandSellingWebsites.com ©2013 BuyingandSellingWebsites.com
  • 24. Big Trends for 2013 • Few sites with steady revenue due to Google updates • More buyers – few quality sites www.BuyingandSellingWebsites.com ©2013 BuyingandSellingWebsites.com
  • 25. Big Trends for 2013 • Buyers getting more educated, experienced • Harder for sellers to exaggerate stats www.BuyingandSellingWebsites.com ©2013 BuyingandSellingWebsites.com
  • 26. Big Trends for 2013 • Quality sites will go for more money (supply/demand) • Some focus shifting to mobile www.BuyingandSellingWebsites.com ©2013 BuyingandSellingWebsites.com
  • 27. Be In Front of The Competition • Learn Cold Call Techniques that Can Lead to 75% Close Rates on Undervalued Sites • Learn How to Prospect for the Best Undervalued Sites www.BuyingandSellingWebsites.com ©2013 BuyingandSellingWebsites.com
  • 28. www.BuyingandSellingWebsites.com ©2013 BuyingandSellingWebsites.com
  • 29. Be In Front of The Competition Rhodium www.BuyingandSellingWebsites.com ©2013 BuyingandSellingWebsites.com
  • 30. • View Video from Webinar at Part I - https://www.youtube.com/watch?v=Osx11_kNJWM Part II - https://www.youtube.com/watch?v=DV-h0GCTePQ Part III - https://www.youtube.com/watch?v=HvKJOSuYIhQ