[Method] How to earn a decent income from Flippa

ksk71119 said:

Hey folks,

I am not a professional domain broker and this thread is not related to brokerage. You can learn that from @meathead1234 's threads.

I just did a Google search for earning with Flippa and didnt see too many informative threads or methods shared yet. So, let me give my insights here after lurking around Flippa since sometime.

For anyone who isn't aware, Flippa is a business buy/sell website.

The method:

1. Website Designing(Starter Sites):

I wouldn't call this "website design/development" exactly. You can get this done from someone for $10-20 or do it yourself if you have time.

Basically, you need to design a "service" oriented website. Be it logo designing, seo services, content writing, digital marketing, social signals or whatever. Take niche ideas or service ideas from Fiverr.

i. Get a brandable Name: The domain should be niche specific or brandable like resultorientedmarketing or supermarketingservices. Choose them from a domain name idea generator website by adding some keywords and adjectives.

Apart from brandable domains, you could also choose some EMD domain with decent searches tagging along an US city. For example: seo services in <city>, digitalmarketing<city>. These may be a bit hard to get and need some research but I am sure you can get other extensions apart from .com.

ii. Purchase domain: Get a domain for cheap from godaddy or namecheap with their promo deals. (Cost: $1-10 or lower).

iii. Design wordpress website: Create a basic wordpress website around it with service pages, about us, contact, blah blah. Just the usual agency website stuff with proper graphics and service packages with pricing packages and options to buy.

iv. Flippa Listing: Now list the site on Flippa. While listing, give proper title (
START YOUR OWN *Blah Blah* Service Website In 24 hours )
and a long description including a strategy of how the buyer can earn $xxxx from the site selling the services.

Highlight a hypothetical shitty calculation of how they can earn after selling X no of packages or services.

Include a shitload of Buy It Now(BIN) bonuses to attract bidders.

Example listings:

https://flippa.com/9666217-rapidlogodesign-com

https://flippa.com/2905511-premiumseobulk-com

You can

List the site in the range of $120-200.

Profit:

Your Cost: Domain + Shared hosting + Website Design + Flippa listing = $10(max) + $5 + $0+ $19 = $25-$35

Sale: Around $130-200.

If you are such a seller, give your contact info to the buyer to purchase those services from you when someone places an order on his website. Else, hook him up with someone from fiverr or seoclerks or even from BHW.

If you have chosen an EMD like suggested above, you could approach local companies who are ranking in those cities and strike a deal too in case the listing goes unsold. I'm sure they would be interested.

You also expand your business if you are a seller as the buyers would be returning back to you in case they get orders.

Design and scale up. I have seen sellers selling more than 50 websites per month. That's a decent income for a web designer if you say.

If you are a wordpress noob, just hire someone to do it for cheap.

2. Selling SaaS Products:

Well, here is another method to earn.

First things first, are you a developer? Yes/No doesnt matter. Still, if you have minimum designing knowledge, I'm sure you can do this too.

Everything remains same as step 1 here too. Basically, design a website but the difference is selling a SaaS business rather than a service website.

Previously, I had created a thread on How to send emails with Amazon SES(https://www.blackhatworld.com/seo/method-how-to-send-emails-cheap-with-amazon-ses.959868/). I found a similar website which was sold for $660(https://flippa.com/9651714-inboxz-com).

About the website:

The seller created a website for selling email marketing solutions i.e, users can register and send emails in bulk(according to subscribed plans) just like mailchimp or similar.

Marketing Strategy: This service is priced cheap and will attract more users. Make a comparison with top bulk mailing solutions and show a price difference. Amazon SES is damn cheap.

How it works: When someone registers, the seller creates a white labelled client account on Sendy and sends to the subscriber. Easy!

Cost of designing: Sendy License + domain + hosting + website design = Around $80-100

Website Sold: $660.

This is all just an example. You can design the same types of websites with different domains and resell basically.

More Ideas:

You could check sold websites on Flippa using proper filters but here are some more ideas:

1. Anything on Crypto would sell like hotcakes.

2. Starter affiliate sites ( You could even resell BHW services).

3. Saas websites on sms services, software subscriptions would work too. Our very own BHW member @jamie3000 has a plethora of software at supagrowth which you could resell too. ( P.S: He doesnt know me and I am not affiliated to him but have used his tools. They are good.)

4. Best sellers would be SEO, SMM related services or saas solutions. If you have anything else in mind or you get reseller permissions, give it a shot.

Tips:

1. Show the buyer how they can generate income or the potential of the website.

2. Make sure to provide a lot of incentives on BIN to encourage bidders to go for it.

3. Keep reserve price as such that you get positive ROI.

4. DO NOT jump into the method. Do some research on Flippa and I am sure you will get hold of what I am saying.

5. If you are new to reselling businesses, try this with 1 site and scale up. This is a golden opportunity for service sellers.

Disclaimer: I haven't tried this personally but I am sure this is a working method and if anyone has given it a shot, feel free to comment and share your experience.

If you find the thread useful, Hit thanks. Thanks to you for spending your time reading this thread.

If you didn't find it useful, please ignore and hit back.

Feel free to add more to the thread to turn this into a discussion and exchange of ideas.

Cheers

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cyberzen said:

This is a good thread but i think flippa listings are fake. anybody here have successful selling experience on selling newbie sites at flippa at 2018.

if yes pls reply

at least this will save some of BHW members money(listing fees giving for flippa).

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