Creating & Selling Automated Websites #9 - Fajasy

in fajasy •  6 years ago 

Increasing Chances of Selling & Pitfalls

Increasing the Chances of a Sale

There are several ways you can increase the chances of your listing to start getting bids. The first is to watch your watchers. You can see how many watchers you have on the listing you just published. These are real people who are either sellers or buyers who are “subscribed” to your listing to see updates on it. Most often, these “watchers” are the buyers who are either bidding on your listing or are planning on bidding on your site. Personally, once I’ve hit about five or six watchers, I close the auction down. This is because Flippa buyers, including myself, bid only when the website is about to end. You will notice that more than 50% of the bids come when the auction is closing. To activate this bidding war and “fear of missing out” effect, you will need to let your auction close when you get enough watchers (5-7). If you want to be 100% sure that your site will sell, however, it is best to extend the End Date of the auction until you get one bid. You can close the auction immediately after this bid and will have a guaranteed sale.

The second technique towards increasing the chance of a sale on your Flippa listing(s) is to comment on your listing. Comments such as “Auction for [Domain Name] will close in 24 hours. Let me know if you have any questions or concerns about this website”, is all you really need to remind your watchers of your listing so that they can begin bidding. This comment will be sent to their email address if they are watching the listing.

Avoid These Pitfalls

Do NOT create multiple sites and sell them all at once! Especially if you’re a complete beginner, you should begin with one site, sell the site, receive feedback from your seller, and then improve upon or continue with what works. Start with one website, then keep on scaling up slowly or you may just be losing money.

You should also NOT just sell the same website every time! Change the theme, include different categories, scrape different content, and don’t just sell a copy/paste website. Ensure that every site you sell is unique and valuable in its own way for your customers.

Finally, you should NEVER add websites as bonuses apart from the website you are selling to your buyers as you may get banned for this. You should also only have one Flippa account. In summary, just follow Flippa’s Terms of Service and you won’t get banned. In the next post, I will have assumed your site has finally sold and will tell you step by step on how to transfer your website onto your buyer.

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Has it become a lot harder to flip website's than 10 years ago? How is the competition like in this business?

I only began this process a year ago, but yes I believe it is becoming slightly harder to sell websites for a higher price. To combat this, you should do more in-depth research on past Flippa websites that have sold, and ensure that the websites you create are not just complete copies of one another.

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