Exiting a Business – DailyBlogTips.com https://dailyblogtips.com DailyBlogTips.com takes you from SEO to CEO. You’ll learn everything you need to know to master blogging, SEO, marketing, web design leading you to passive income. Thu, 14 Sep 2023 14:01:01 +0000 en-US hourly 1 https://wordpress.org/?v=6.4.3 https://image-cdn.dailyblogtips.com/cdn-cgi/imagedelivery/QJIAaiaPEJL-UkDux-qkCw/dailyblogtips.com/cropped-icon.png/w=32,h=32,fit=crop Exiting a Business – DailyBlogTips.com https://dailyblogtips.com 32 32 Top 19 Best Flippa Alternatives To Choose From in 2024? https://dailyblogtips.com/flippa-alternatives/ https://dailyblogtips.com/flippa-alternatives/#respond Thu, 14 Sep 2023 14:00:38 +0000 https://dailyblogtips.com/?p=8507473 Top 19 Best Flippa Alternatives To Choose From in 2024?

The post Top 19 Best Flippa Alternatives To Choose From in 2024? appeared first on DailyBlogTips.com.

]]>
Top 19 Best Flippa Alternatives To Choose From in 2024?

You’ve been using Flippa to buy or sell websites, domains, or apps, but you’ve hit a few bumps along the way. Maybe the fees are eating into your profits, or perhaps you’ve noticed that the competition is a little too intense for your liking. You’re certainly not alone.

These are real concerns that many users share, and they underscore the need for having a diverse range of platforms to explore.

That’s precisely why we’ve put together a list of the “Top 19 Best Flippa Alternatives” you should consider in 2023. In our carefully curated guide, you will find options tailored to your specific needs and aspirations in the digital market.

19 Best Flippa Alternatives to Buy and Sell Websites I’ve Experienced

Looking to buy or sell websites and apps? While many know about Flippa, there are other good options out there. Here’s a list of top alternatives to Flippa that might be just what you need.

1. Empire Flippers

Empire Flippers - One of the Best Flippa Alternatives To Choose From

Empire Flippers is a business brokerage firm that specializes in buying and selling online businesses. Founded in 2013 by Justin Cooke and Brandon Bornancin, it has helped people buy and sell online businesses worth more than $450 million.

One of the standout features of Empire Flippers is its thorough vetting process. Unlike some platforms where listings can be unverified, Empire Flippers takes the time to validate the earnings and traffic of every online business they list. In this way, both buyers and sellers gain trust and transparency.

Over the years, it has carved a niche for itself, moving away from the initial model of AdSense-focused websites to a more diverse array of online businesses. The quality of its listings has made it a top choice for serious digital entrepreneurs.

It is a full-service brokerage firm, which means that they handle every aspect of the transaction. This includes:

  • Screening and vetting potential buyers and sellers
  • Negotiating the terms of the deal
  • Preparing and executing the legal paperwork
  • Transferring the ownership of the business
  • Appraisal services
  • Marketing and promotion services
  • Due diligence assistance
  • Post-sale support

Empire Flippers is known for its high-quality standards and its commitment to customer service. They have a team of professional experts who help their clients achieve their goals.

What are people’s thoughts on this platform:

Top 19 Best Flippa Alternatives To Choose From in 2024? Photo

2. FE International

Top 19 Best Flippa Alternatives To Choose From in 2024? Photo

FE International helps people sell their online businesses, including SaaS, ecommerce, content businesses, and more. They are really good at what they do and have been doing it for many years.

It is not just a place to sell your business. They give sellers advice on how to price their business and make it more appealing for sale. They help make sure sellers get the best price for their business.

They know a lot of people who want to buy businesses. So they can quickly find the right person to buy a specific business. This helps in selling businesses faster and often at a better price.

They offer the following comprehensive services.

  • Mergers and Acquisitions (M&A) Advisory: Guidance for online business owners selling their businesses.
  • Business Valuation: Assessing the worth of an online business based on various factors.
  • Buyer Services: Curated listings and guidance for potential buyers.
  • Optimization Recommendations: Advice on improving the business’s value before selling.
  • Due Diligence Support: Assistance in vetting a business thoroughly before a sale or purchase.
  • Educational Resources: Webinars, seminars, and resources on online business trends and practices.
  • End-to-End Transaction Support: Complete support from the beginning to the end of a sale or purchase.

Apart from buying and selling, FE International also teaches people about the online business world. They share helpful articles, online classes, and events to help people understand how to value their business and what’s happening in the market.

What are people’s thoughts on this platform:

Top 19 Best Flippa Alternatives To Choose From in 2024? Photo

3. Sedo

Top 19 Best Flippa Alternatives To Choose From in 2024? Photo

A leading domain name marketplace and domain parking provider, Sedo, often compared to platforms like Flippa, is known as a “Search Engine for Domain Offers.” Headquartered in Cologne, Germany, with an extensive international presence, Sedo facilitates the buying, selling, and parking of domain names, connecting domain buyers with sellers globally.

Sedo provides the following specialized services:

  • Domain Valuation: Determining the potential market price of a domain.
  • Brokerage Services: Personalized assistance in selling or buying domains.
  • Domain Parking: Monetizing unused domains.
  • Domain Transfer Service: Ensuring a smooth, secure transfer of domain ownership.
  • Domain Auctions: A platform for sellers to auction their domains to the highest bidder.
  • Educational Resources: Insights, guidelines, and news about the domain industry.
  • Complete Transaction Support: Support from the initial listing to the final transfer of domain ownership.

It’s not just a marketplace to list your domain. Sedo offers guidance on domain valuation, ensuring sellers understand the worth of their domain names. They ensure that sellers get the most competitive prices for their assets.

What are people’s thoughts on this platform:

Top 19 Best Flippa Alternatives To Choose From in 2024? Photo

4. Afternic

Top 19 Best Flippa Alternatives To Choose From in 2024? Photo

Afternic, a domain marketplace established in 1999, is one of the industry’s premier domain marketplace platforms. With a broad global reach, Afternic connects domain sellers with interested buyers, making the process of acquiring premium and standard domain names smooth and transparent.

It lists over 30 million domain names for sale and receives over 75 million domain searches each month.

Afternic provides the following specialized services:

  • Extensive Domain Listing: Robust inventory with both premium and regular domains for diverse needs.
  • Domain Parking: Monetization of unused domains through ad displays.
  • Fast Transfer Technology: Swift and secure domain transfers, enabling immediate use post-purchase.
  • Domain Pricing and Appraisal: Guidance and evaluation services for competitive domain pricing.
  • Global Distribution Network: Partnerships with worldwide registrars for unparalleled domain visibility.
  • Dedicated Sales and Support Team: Comprehensive assistance, from queries to deal negotiations.
  • Educational Resources: Valuable insights and guidelines on domain trading for informed decisions.

As a pioneer in the domain marketplace industry, Afternic continues to stand out with its user-centric services, wide-reaching network, and commitment to streamlining the domain buying and selling process. Whether you’re a business looking for the ideal domain or a domain investor, Afternic caters to every facet of the domain lifecycle.

What are people’s thoughts on this platform:

Top 19 Best Flippa Alternatives To Choose From in 2024? Photo

5. OpenStore

Top 19 Best Flippa Alternatives To Choose From in 2024? Photo

OpenStore stands distinct in the vast realm of online business marketplaces. Instead of being a conventional listing platform like Flippa, it has positioned itself as an entity keen on direct acquisitions. Catering specifically to more established e-commerce ventures, this platform is for businesses grossing over $500,000 annually.

For potential buyers, OpenStore may not be the platform to browse and buy businesses. It’s more tailored for sellers looking for a quick and direct sale.

How It Works:

  • Eligibility Criteria: Only stores generating revenues of over $500,000 a year are entertained. This ensures they’re targeting serious, established businesses.
  • Direct Offer System: Instead of listing businesses for potential buyers, the platform has a “Get Your Offer” feature. By providing necessary details like email and store address, sellers can receive a direct quote for their business.
  • Direct Acquisitions: OpenStore is not just a platform for sellers to find buyers; it’s an acquirer in its own right. If a store aligns with their criteria, they will purchase it directly.
  • Operational Transition: Post-acquisition, OpenStore doesn’t just hold onto the businesses – they actively run them. This implies that they have the infrastructure and expertise to scale and manage e-commerce ventures.
  • Investor-backed Approach: Think of OpenStore as a syndicate flush with funds from its investor network. Their primary goal is to identify profitable e-commerce stores, acquire them, and subsequently manage them to generate returns.

OpenStore offers a refreshing approach to the ecommerce selling space. For established sellers wanting a hassle-free sale process without the wait and negotiations, it’s an avenue worth exploring. On the flip side, it’s not a marketplace for potential buyers looking to invest in online businesses.

What are people’s thoughts on this platform:

Top 19 Best Flippa Alternatives To Choose From in 2024? Photo

6. BizBuySell

Top 19 Best Flippa Alternatives To Choose From in 2024? Photo

One of the most remarkable platforms that has become essential for aspiring entrepreneurs and investors is BizBuySell.

It is a prominent online marketplace that offers listings of businesses up for sale. If you’re an entrepreneur looking to invest or a business owner considering selling, it’s a hub that connects buyers and sellers, streamlining the process.

A unique feature on BizBuySell is the ability to set up notifications based on your preference. It means you can receive tailored listings straight to your inbox without the need to manually search every day.

Some Important Features of BizBuySell

  • Search Options: At its core, BizBuySell provides users with a search function to sift through available businesses. You can use filters such as industry type, location, and price range. It offers you the ability to set up alerts for specific criteria, ensuring you’re notified about relevant listings.
  • Detailed Listings: Once you’ve found a listing of interest, you can delve deeper into its details. Listings typically offer a broad overview, including information about the real estate value, when the business started, furniture, fixtures, and equipment (often abbreviated as FF&E), and key financial metrics such as EBITDA.
  • Getting in Touch: BizBuySell simplifies the communication process. It provides a direct contact option with the listing’s broker or owner, facilitating initial conversations and clarifications.

BizBuySell is an invaluable tool. Its extensive listings, coupled with user-friendly features, make it an ideal platform to discover and analyze potential business investments.

What are people’s thoughts on this platform:

Top 19 Best Flippa Alternatives To Choose From in 2024? Photo

7. Investors Club

Top 19 Best Flippa Alternatives To Choose From in 2024? Photo

Investors Club is a members-only marketplace where you can buy or sell online businesses. It is a curated marketplace, which means that all listings have been vetted by the Investors Club team to ensure their quality. It means that you can be confident that you are buying or selling a legitimate business.

Some of the important features of the Investors Club include:

  • Members-Only Access: One of the standout features of Investors Club is its members-only nature, ensuring a high-quality user base and promoting genuine transactions.
  • Curated marketplace: Only profitable and vetted online businesses are listed on Investors Club.Private deal flow: You will not find these businesses listed anywhere else.
  • Due diligence reports: All businesses come with comprehensive due diligence reports that provide you with transparent information about their past performance, as well as potential risks and issues.
  • White-glove customer support: Investors Club provides you with white-glove customer support throughout the buying or selling process. This includes free site migration, free legal documentation, and free escrow services.
  • Free Business Valuation: For sellers unsure of their online business’s worth, Investors Club offers a free valuation, making the selling process more transparent and informed.
  • Expert Guidance: Members can benefit from the platform’s expert guidance and support, streamlining the buying or selling process.
  • Diverse Listings: From the latest listings, it’s clear that Investors Club features a variety of online businesses spanning across different industries such as travel, automotive, gardening, entertainment, and more. Each listing showcases important metrics like net revenue and average monthly earnings, giving prospective buyers clear insights.
  • Transparent Dealings: The platform emphasizes transparency. Potential buyers can see detailed metrics, including net revenue, total page views, and monthly average revenue. Moreover, all the listings are vetted by the platform, ensuring the businesses’ authenticity and credibility.
  • Exclusive Opportunities: Investors Club prides itself on offering unique business opportunities that you wouldn’t find elsewhere, with a rejection rate of over 60% for submitted businesses.

It provides a central hub where members can explore investment opportunities, share insights, and foster a community of like-minded individuals aiming to maximize their financial growth.

This platform is not only an information repository but also a place where relationships and networks are built, thereby promoting collaborative growth.

What are people’s thoughts on this platform:

Top 19 Best Flippa Alternatives To Choose From in 2024? Photo

8. Motion Invest

Top 19 Best Flippa Alternatives To Choose From in 2024? Photo

Motion Invest is a good online marketplace that allows buyers and sellers to exchange content websites. It was founded by Jon Gillham and Spencer Haws in 2019 as a way to provide a safe and efficient marketplace for investors and entrepreneurs looking to buy online assets.

It is a newer platform, but it has quickly gained a reputation for being a safe and reliable place to buy and sell websites. Whether you have an Amazon Store, a Fitness Blog, or any other content-rich site, this platform offers a streamlined process to get the best deals.

One of the main features of Motion Invest is that they focus exclusively on buying websites that generate revenue and have a proven track record. It means that when you purchase a business through their platform, you can be confident that it is already profitable and has the potential for further growth.

Another key factor is that Motion Invest rigorously vets businesses before listing, ensuring accurate financials and traffic stats, which upholds platform integrity and assures buyers of sound investments.

Some of the important features of the Motion Invest include:

  • Rigorous Vetting Process: Each business is meticulously vetted before listing, ensuring the accuracy of financials and traffic statistics.
  • Free Professional Site Valuation: Sellers can determine the worth of their website with the platform’s complimentary valuation service.
  • High Success Rate: With a 97% site-selling success rate, the platform proves its efficiency in facilitating transactions.
  • Transparent Listings: Each listing provides comprehensive details, from monthly income and visitor stats to monetization methods and income trends.
  • Quick Turnaround: On average, websites on Motion Invest sell within just 12 days.Expert Guidance: The platform aids both buyers and sellers throughout the transaction process, simplifying transfers and other technicalities.
  • Diverse Monetization Listings: The marketplace showcases sites with various monetization strategies, from AdSense and Amazon to Ezoic and MediaVine.

What are people’s thoughts on this platform:

Top 19 Best Flippa Alternatives To Choose From in 2024? Photo

9. BuySellEmpire

Top 19 Best Flippa Alternatives To Choose From in 2024? Photo

BuySellEmpire stands out in the digital marketplace, prioritizing quality over quantity. It is renowned for brokering online businesses and domains, and the platform’s stringent vetting process ensures listing only top-notch assets. This emphasis on authenticity and quality contrasts with Flippa’s broader, sometimes cluttered listings.

This best alternative to Flippa is called as the “first online business for sale” that boasts a global rank of 4,893,693 as of August 2023. The platform receives 19.6K visits and produces an annual revenue between $2M and $5M, affirming its influential role in the online business domain.

Some of the important features of the BuySellEmpire include:

  • Rigorous Vetting: Every listing undergoes scrutiny, mitigating the risk of fraudulent activities, often a concern on platforms like Flippa.
  • Expert Assistance: The platform boasts consultants to guide users throughout transactions, bringing clarity, especially for digital marketplace novices.
  • User-Friendly Interface: A streamlined, intuitive platform that makes listing, browsing, and transactions efficient.
  • Quality Listings: It emphasizes high-performance assets instead of bulk-listing platforms like Flippa, enhancing transaction speed and credibility.
  • Growth Potential: Buyers and sellers will benefit from current success and future growth, which attracts innovative entrepreneurs.
  • Varied Business Types: This Flippa provides a broad range of business types, making it a unique competitor.

In 2023, it presents itself as a reliable, quality-focused online marketplace, making it a notable Flippa alternative for digital entrepreneurs.

What are people’s thoughts on this platform:

Top 19 Best Flippa Alternatives To Choose From in 2024? Photo

10. Freemarket

Top 19 Best Flippa Alternatives To Choose From in 2024? Photo

Freemarket is a platform that has subtly carved its niche in the digital world. A key component of its success is its commitment to ensuring that each transaction is transparent, safe, and beneficial to all parties. It is not just about selling or buying; it is about building relationships, understanding the market’s dynamics, and making informed decisions.

Freemarket offers free listings for websites or domains, attracting more sellers with its competitive 5% commission on successful sales, touted as the industry’s lowest. This Flippa platform features listings ranging from $0 to $20,000+ for both price and revenue, catering to diverse financial preferences.

Some of the important features of the Freemarket include:

  • Streamlined User Interface: First, you will notice the platform’s ease of use. It is intuitive, meaning both seasoned digital experts and those new to the online business world can easily navigate.
  • Diverse Listing Options: Whether you are looking to sell a domain, a website, or an app, Freemarket has you covered. This diversity has been a boon for someone like me, always looking for the next big opportunity.
  • Secure Transactions: One of your prime concerns when you first venture into selling your assets is security. Thankfully, it employs an escrow service, ensuring all parties are protected and transactions are smooth.
  • In-depth Analytics: For the analytical minds out there, it provides comprehensive insights into listings. This feature enabled me to better understand my asset’s value and set a competitive price.
  • Community and Support: The platform boasts a vibrant community of like-minded individuals. It’s not just about transactions; it’s about building networks and learning from each other.

Additionally, its association with Freelancer.com, which has overseen payments exceeding a billion dollars, enhances Freemarket’s trustworthiness. The platform, similar to Flippa, balances simplicity with depth, providing a space that caters to both novices and veterans.

What are people’s thoughts on this platform:

Top 19 Best Flippa Alternatives To Choose From in 2024? Photo

11. BizBroker24

Top 19 Best Flippa Alternatives To Choose From in 2024? Photo

BizBroker24 specializes in mergers and acquisitions of e-businesses. Their commitment is simple yet profound: seamlessly connecting sellers with the right buyers and vice versa.

This platform stands out as a top-tier M&A entity, concentrating on the sales, mergers, and assessments of privately held online businesses. Typically, it targets mid-sized companies with an EBITDA of $1,000,000 to $5 million and digital companies with revenues of $5-50 million.

Some of the important features of the BizBroker24 include:

  • Personalized Consultations: It offers customized consultations based on the unique intricacies of each listing, unlike other platforms.
  • Extensive Buyer Network: Their expansive network of potential buyers ensures that your business gets views and meets the right eyes, the ones who see value in your hard work.
  • Confidentiality Assurance: Your business details remain confidential until the right buyer arrives, ensuring your sensitive data is always protected.
  • End-to-End Support: Their team supports you throughout the entire selling process, ensuring a stress-free and straightforward process.
  • No Upfront Fees: You pay only when your business is successfully sold. This model reaffirms their commitment to genuine service over profit.
  • Valuation Expertise: It offers accurate business valuations, ensuring your online business on Flippa gets the value it deserves.

This website on Flippa strives to ensure that every transaction is executed with precision, confidentiality, and care using a team of industry experts. For those considering alternatives to Flippa, it offers a compelling option.

What are people’s thoughts on this platform:

Top 19 Best Flippa Alternatives To Choose From in 2024? Photo

12. Website Closers

Top 19 Best Flippa Alternatives To Choose From in 2024? Photo

Website Closers is a specialized marketplace for buying and selling Internet businesses. You can sell your e-commerce store, a blog you’ve poured your heart and soul into, or even an app you’ve developed that has gained some traction with Website Closers.

It offers specialized valuation services tailored for the Tech, Internet, and Digital industries, distinguishing itself from brick-and-mortar M&A platforms.

The platform has seen transactions ranging from smaller deals of $500,000 to massive acquisitions worth $200,000,000. Many businesses are represented, including software and eCommerce businesses, buying a website, selling domains, tech services, and advertising agencies.

Some of the important features of the Website Closers include:

  • Industry Expertise: They are not just a generic marketplace; they understand the digital world and the various facets of running a digital business.
  • Valuation Services: It offers an in-depth valuation, ensuring the price of your asset is competitive and fair.
  • Dedicated Brokers: This platform is not just a listing site. They have a team of dedicated brokers who actively work to match your business with potential buyers.
  • Safe & Secure Transactions: It can be challenging to sell your digital business, especially financially. This platform offers a secured transaction process, protecting both the buyer and seller.
  • Post-Sale Training: They provided training to the new owner to ensure a smooth transition.

Moreover, a team of attorneys, accountants, consultants, and transact almost a BILLION dollars in tech and internet businesses. The platform offers a practical edge in the market with its hands-on experience.

What are people’s thoughts on this platform:

Top 19 Best Flippa Alternatives To Choose From in 2024? Photo

13. Website Broker

Top 19 Best Flippa Alternatives To Choose From in 2024? Photo

Website Broker is a dynamic marketplace that bridges the gap between website owners and potential buyers. It was founded to simplify the complexities of online transactions.

This platform’s success rates and deal volume provide insight into a broker’s performance. For instance, Empire Flippers is the top curated online marketplace, boasting over 1,000 successful business sales.

This platform enhances the portfolios of investors and website buyers while transforming websites for sale for online sellers.

Some of the important features of the Website Broker include:

  • User-Friendly Interface Its simple user interface and straightforward listing process make it easy for even the non-tech-savvy individual to list or find the website that suits him or her best.
  • Detailed Listings: One thing that truly stands out is the depth of detail in each listing. It allows you to get a comprehensive overview of everything, providing you with the ability to make informed decisions.
  • Secure Transactions: It implements strict security protocols, preventing potential transaction pitfalls. Knowing your financial details are secure, you can trade with peace of mind.
  • Engaging Community: It offers more than just buying and selling. The experience is further enhanced by like-minded individuals who share insights, tips, and meaningful discussions.
  • Effective Search Filters: Its efficient search filters allow you to quickly identify listings based on your niche, revenue, or traffic criteria.
  • Educative Resources: It offers a wide range of educational resources for budding entrepreneurs. You can learn and explore everything from understanding website valuation to mastering the art of negotiation.

Moreover, Brokers like FE International and Motion Invest provide comprehensive documentation and standardized data points, making it easier for users to assess and validate listings.

14. Latona’s

Top 19 Best Flippa Alternatives To Choose From in 2024? Photo

Latona transcends traditional boundaries, offering a versatile stage where anyone can easily walk down the path of entrepreneurial success. It places immense value in creating a seamless user experience, transferring businesses from one hand to another effortlessly.

For instance, The EU Cannabis Accessories Resource on Latona’s showcases the profitability of adept online businesses with a revenue of €3,475,731 and a profit of €939,716, highlighting its market prowess and operational efficiency.

Some of the important features of the Latona include:

  • Diverse Range of Digital Assets: It presents a broad spectrum of Internet businesses and digital assets for sale. This platform can handle e-commerce, SaaS, affiliate marketing, content websites, and domain names. There are multiple businesses for sale in each category, providing prospective buyers with a variety.
  • Broker Services: It provides an extensive brokerage service offering many tools and resources to streamline transactions. The expert brokers at it undertake the arduous task of valuing your businesses, finding suitable investors, negotiating deals, and coordinating the transfer process.
  • 3. User-friendly Website Interface: It believes that the accessibility of a platform significantly impacts the user experience, intuitively designing their website to cater to users’ needs. You can easily filter through various businesses by selecting specific categories, asking price ranges, revenue, and net profit.
  • 4. Comprehensive Information: It ensures comprehensive transparency, offering meticulous financial details, website history, monetization methods, and the reason for selling.5. Email Alerts: It understands the value of your time and offers email alerts to keep you updated about new business listings that match your preferences. You can receive the information directly in your mailbox by setting up your preferences.

What are people’s thoughts on this platform:

Top 19 Best Flippa Alternatives To Choose From in 2024? Photo

15. Facebook Groups

Top 19 Best Flippa Alternatives To Choose From in 2024? Photo

A Facebook Group is where like-minded individuals gather, where expertise is shared, and where support is given. This marketplace is where entrepreneurs offer authentic online connections, from discussion groups about digital marketing to large communities sharing recipes worldwide.

According to Google Analytics, the number of users accounted for 2.93 billion, which is 36.7% of the Earth’s population of 8 billion as per record in November 2022. Furthermore, this represents 47% of individuals in the world aged 13 and above.

Some of the important features of the Facebook Groups include:

  1. Niche Communities: Whether you’re interested in vintage cars, co-working spaces, or business for sale for Filipa, there is a Facebook marketplace for you. For instance, the “Filipa Digital Entrepreneurs” group allows members to discuss, share, and learn about optimizing their digital assets.
  2. Privacy Settings: Groups offer varying degrees of privacy versus regular Facebook posts. There are Public, Closed, and Secret groups. This ensures that the content shared within a group, especially in Closed and Secret ones, remains confined to its members.
  3. Engagement Tools: The creators and admins of these groups have access to tools to engage their audience. From creating polls to get feedback, setting up events, or even hosting live Q&A sessions – the engagement opportunities are vast.
  4. Knowledge Sharing: Some of the most insightful information comes from within these groups. Members often share experiences, advice, and resources. It is common to see posts like “Has anyone tried the new feature on Filipa to sell your website? How was your experience?”
  5. Buy and Sell Feature: Many groups now utilize the buy and sell feature. This allows members to list products or services, making commerce more personal and community-driven.
  6. Group Insights: For admins, insights into member activity, growth, and engagement are available. This data-driven approach helps understand what sparks interest and fosters interaction within the group.

16. Side Projectors

Top 19 Best Flippa Alternatives To Choose From in 2024? Photo

Side Projectors is another site like Flippa. It is a haven for innovators, entrepreneurs, and dreamers. Here, one can find a side project to adopt or showcase a project they have been working on but cannot fully commit to anymore. Think of it as an adoption marketplace to buy and sell, where ideas find a new home and dormant potential is reignited.

Some of the important features of the Side Projectors include:

  • Project Showcase: Much like those vibrant Facebook groups at the top, it offers a platform to showcase your brainchild. Be it a mobile app, a web service, or even a budding idea, it gets the limelight it deserves.
  • Adopt a Project: Everyone can only create part of the project. It allows you to adopt projects that resonate with you.
  • Collaborative Space: It’s more than just a marketplace to sell and buy. It engages with other project owners, discuss potential collaborations, or seek feedback to refine your project.
  • Filter & Search: This Flippa offers an intuitive design that ensures you find exactly what you want. Filter projects by industry, platform, or even by the skills required, making the search process seamless.
  • Safe Transactions: It understands the value of your projects. That is why they’ve implemented a secure system to ensure transparent and scam-free transactions.
  • Inspiration Galore: It offers a wide range of projects you can browse, even if you aren’t ready to sell or buy anything. It is a testament to human creativity and innovation.

For instance, if you loved the dynamics of Facebook groups at the top where users exchange ideas and critique projects, Side Projectors offers that and more.

17. ODYS

Top 19 Best Flippa Alternatives To Choose From in 2024? Photo

ODYS is not just another website; it is a digital voyage. It bridges the gap between seasoned professionals, enthusiastic beginners, and everyone, making it a hub of knowledge, networking, and unparalleled opportunities.

For instance, Platforms like Investing.com, which recently reported that inflation in the U.S. surged to 3.7% in August, use tools like ODYS to gain sharp, reliable insights.

Some of the important features of the ODYS include:

  • Expert-driven Content: Unlike many platforms where anyone and everyone can share their two cents, it boasts content curated by industry leaders. It’s like attending a digital summit anytime, anywhere.
  • Interactive Community: The sense of community drives us closer in the digital age. It fosters a space where professionals from various fields interact, share, and grow. It is like the digital version of our beloved ‘kamustahan’ sessions.
  • Personalized Experience: Do you remember when you could not find relevant posts in the Filipino Digital Marketers Facebook group? It solves that with its AI-driven content recommendations tailored just for you.
  • Seamless Networking: Whether you want to network with new people, collaborate on events, or make new friends, you can do it here. With it, the world is just a click away.
  • Robust Learning Modules: For those eager beavers who wish to upskill, it offers a range of courses, webinars, and tutorials. It’s like having a mentor by your side around the clock.
  • User-friendly Interface: It is as easy to navigate through this best platform as it is to drive through Tagaytay. With its intuitive design, even the not-so-tech-savvy users will find it a cakewalk.

Moreover, It emerges as a trusted ally, guiding its users with precision, clarity, and timely insights. Whether you’re a seasoned trader or a newbie wanting to understand the ebbs and flows of the market, this platform is the compass you’ll need.

What are people’s thoughts on this platform:

Top 19 Best Flippa Alternatives To Choose From in 2024? Photo

18. Borderline.biz

Top 19 Best Flippa Alternatives To Choose From in 2024? Photo

Borderline.biz is a platform exclusively tailored for businesses seeking cross-border opportunities, collaborations, and insights.

According to Google Analytics, a SAAS platform priced at $3,000 with a monthly recurring revenue (MRR) of $100. It provides personalized content using advanced AI algorithms.

This project, listing fee priced at $9,500 with an MRR of $250, started as a fun endeavor and has since gained traction.

Some of the important features of the Borderline.biz include:

  • Global Directory: It boasts a comprehensive directory of businesses from various parts of the world, making it a go-to resource for collaborations.
  • Segmented Listings: Users can search by sector, size, and region to find businesses that meet their needs.
  • In-depth Profiles: Each business profile offers an in-depth look into its operations, services, and values. This transparency ensures you know who you’re dealing with.
  • Secure Communication Channels: It recognizes the sensitive nature of business communications.
  • Marketplace Insights: Its insightful articles and expert contributions provide insight into global business trends, opportunities, and challenges.

It is a platform where individuals or entities can list and want to sell their startups or projects. The focus is predominantly on tech-based startups, ranging from simple tools to more advanced SAAS platforms.

19. Niche Investor

Niche Investor is a specialized online marketplace designed for the purchase and sale of niche websites, blogs, and online businesses. It caters to those looking to buy an established online presence and those looking to sell their niche website or business.

Some of the important features of the Niche I include:

  • Don’t Start From Scratch: For budding entrepreneurs or digital investors, starting a website or an online business from the ground up can be time-consuming. With Niche Investor, you have the opportunity to acquire established online businesses that come with pre-loaded content, products, traffic, revenue, and even a built-in customer base.
  • Quality and Diversity: The platform boasts a wide range of niche sites available for sale, from health and fitness blogs to tech and business-oriented sites. Each site listing provides clear details about its features and earnings, helping potential buyers make informed decisions.
  • Professional Service: Niche Investor not only offers a marketplace but also provides expert consultancy for both sellers and buyers.
  • Efficiency and Convenience: The platform has managed escrow services, ensuring secure transactions. Sellers also benefit from no-fee transfers, legal documentation support, and managed listings.

Niche Investor is not a financial advisor and does not provide any investment advice. It is important to do your own research before buying or selling a niche online business.

Why Look for a Flippa Alternative to Sell a Website

There are several reasons why people look for a Flippa alternative to sell their websites. Flippa is one of the best marketplaces for selling and buying domains, apps, and websites.

However, it may not be the best choice for every seller or every type of digital asset. Here are some reasons why one might seek an alternative:

  1. Fees: Flippa charges listing fees and success fees once a sale is made. Depending on the value of the website, these fees can become quite substantial. Some sellers look for platforms with lower fees or different fee structures.
  2. Audience Type: The type of audience that frequents Flippa might not align with a seller’s target demographic. There are niche marketplaces that might cater more specifically to certain types of websites or apps.
  3. Competition: Given the popularity of Flippa, there’s a lot of competition. This means that your listing might be one among thousands, making it harder for your website to stand out.
  4. Success Rate: Not everyone has a successful sale on Flippa. Some sellers might have tried and failed to sell their site on Flippa and are now looking for a platform where they believe they have a higher chance of success.
  5. User Experience: The user interface, listing process, or customer support on Flippa might not appeal to everyone. Some sellers might prefer a platform that offers a more streamlined or user-friendly experience.
  6. Due Diligence & Security: Flippa, like many other open marketplaces, requires both buyers and sellers to do their due diligence. Some sellers might be looking for platforms that offer more in-depth vetting processes or added layers of security.
  7. Customization: Flippa has a set structure for listings. Some sellers might be looking for platforms that allow them to customize how they can present their website or app to potential buyers.
  8. Post-Sale Support: While Flippa facilitates the sale, post-sale processes like site migration might not be part of the package. Some sellers might be looking for platforms that offer more comprehensive post-sale support.
  9. Niche Focus: There are many niche marketplaces like Empire Flippers, which focus on specific types of sites or certain price ranges. These platforms might be better suited for those looking to sell within a particular niche.
  10. Reputation: Like any platform, Flippa has both proponents and critics. Some negative reviews or experiences might drive sellers to seek alternatives.

Flippa vs. The Rest: Which One You Should Choose

Flippa has carved out a significant niche in the online marketplace for those looking to buy or sell websites, domains, and digital businesses. Its expansive reach, diverse listings, and long-standing reputation make it a trusted platform for many.

However, it’s not without competition. Empire Flippers, for instance, has emerged as a contender by offering highly vetted listings, especially for those in the premium segment of online businesses.

FE International offers a professional touch, acting more like a broker than a simple listing platform, making it ideal for those seeking personalized support and guidance.

Meanwhile, the Exchange Marketplace by Shopify has specialized itself as the go-to place for buying and selling Shopify-based businesses. Sedo stands out for domain sales, providing an extensive international marketplace specifically for domain enthusiasts.

Choosing between Flippa and its competitors largely depends on the specific needs of the seller or buyer. While Flippa offers a broad audience and diverse listings, platforms like Empire Flippers and FE International cater to a more premium clientele with added vetting and support.

So, the right platform is determined by the nature of your digital asset, your desired level of support, and your budgetary considerations. It’s essential to align with a platform that not only meets your needs but enhances the chances of a successful transaction.

Final Thoughts

Buying and selling online businesses, apps, domains, and other assets has become a thriving industry. Flippa is a pioneer in this space, but several contenders have emerged.

The best platform largely depends on what you’re selling (or buying), your budget, and the level of support you desire. Flippa remains a dominant force due to its versatility and broad audience, but specialized needs might be better served by its competitors.

Always research, read reviews, and perhaps test with smaller listings before committing to a platform.

The post Top 19 Best Flippa Alternatives To Choose From in 2024? appeared first on DailyBlogTips.com.

]]>
https://dailyblogtips.com/flippa-alternatives/feed/ 0
Sell Your Website on Flippa Like a Pro: 10 Expert Tips https://dailyblogtips.com/10-tips-to-sell-your-website-or-blog-on-flippa/ https://dailyblogtips.com/10-tips-to-sell-your-website-or-blog-on-flippa/#comments Tue, 11 Oct 2022 19:36:38 +0000 https://dailyblogtips.com/?p=23242 Sell Your Website on Flippa Like a Pro: 10 Expert Tips Photo

The post Sell Your Website on Flippa Like a Pro: 10 Expert Tips appeared first on DailyBlogTips.com.

]]>
Sell Your Website on Flippa Like a Pro: 10 Expert Tips Photo

If you are planning to buy or sell a website, you probably already heard about Flippa. It is the largest online marketplace for websites. Most people who list a website for sale there, however, end up selling it for peanuts (e.g., $100), or not selling at all. If you’re ready to explore the world of buying and selling websites and gain some valuable tips, you’ve come to the right place. But to make a splash on Flippa, you need more than just a listing. You need the secrets that will boost your chances of selling your website and making a profit. Get ready to discover the top strategies that will make your website stand out on Flippa!

Why Effective Strategies Matter When Selling On Flippa

Flippa is where website owners and buyers connect to make deals happen. Whether you have a blog, an online store, or a content treasure trove, Flippa is the place to list it on. Imagine a bustling marketplace filled with countless listings. In this sea of options, your listing needs an edge. That’s where effective strategies come in. By using smart tactics, you’ll shine a spotlight on your website and attract buyers who see its true value. I’ll share the tips and tricks that will make your website a success. From showcasing your revenue potential to building trust, we’ve got all the insider knowledge you need to make your Flippa experience a true triumph!

Sell Your Website on Flippa Like a Pro: 10 Expert Tips Photo

How come? Most of the times the seller didn’t do his homework. If you want to maximize your chances of selling (and your profit), the 10 tips below will help you.

1. Make Sure Your Website Is Making Money

Revenue Potential: It’s not recommended to list a high-traffic yet unmonetized website on Flippa. While it may sell, the price could be significantly lower than its true value. Buyers typically look for websites that are already generating income, demonstrating proven revenue potential.

Optimal Revenue: For instance, if you have a website earning around $50 per month, it might not yield an optimal return. Focus on increasing traffic and revenues to at least $300 per month to enhance its appeal and market value. If the website mainly earns through Google AdSense and generates $300 per month, it could potentially sell for around $8,000 on Flippa. However, this figure is an estimate, and the actual selling price will depend on various factors like niche, growth potential, and market demand.

Revenue Proof: When selling on Flippa, buyers often consider the average revenue over the past four to six months as a reliable indicator of a website’s earning potential. Therefore, it’s crucial to have the necessary documentation and data to demonstrate the consistent revenue your website generates. Doing so can increase buyer confidence and maximize your chances of securing a higher selling price on Flippa.

2. Leverage Google Analytics (GA) Data

Google Analytics data is crucial when selling on Flippa as it offers tangible evidence of your website’s traffic and revenue potential, enhancing your transparency and credibility.

If you’re selling a blog, demonstrating consistent attraction of 10,000 monthly organic visitors over six months can appeal to buyers. In your listing, focus on key metrics like high average session duration or strong conversion rate to highlight efficient monetization.

Remember to install Google Analytics before your planned sale to accumulate substantial data. This enables you to display historical trends and growth patterns, offering a comprehensive view of your site’s potential. Google Analytics data is key to boosting your listing’s appeal and credibility on Flippa.

GA Term
Description
Importance When Selling on Flippa
Monthly Organic Visitors
The number of users who visit your website from unpaid search results
Consistent organic traffic can demonstrate the effectiveness of your SEO efforts and the potential for sustained future growth.
Average Session Duration
Average length of a session, in time
Higher average session duration can indicate strong user engagement, suggesting valuable content and a positive user experience.
Conversion Rate
The percentage of users who complete a desired action (e.g., making a purchase, signing up for a newsletter)
A high conversion rate can demonstrate effective website monetization and the potential for revenue generation.
Traffic Sources
Where your users come from, such as direct visits, search engines, social networks, or referring sites
Diverse traffic sources can show the reach of your website, and dependence on reliable, sustainable sources can indicate stability.

This table should help to clarify the significance of these Google Analytics metrics when selling a website on Flippa. Understanding these terms can aid in presenting a compelling, data-backed listing to potential buyers.

3.Boost Your Trust Rating

Trust is crucial on Flippa – a high trust rating enhances your credibility and attracts potential buyers. Here are strategies to boost your trust rating:

  1. Link Your Social Media Accounts – Connecting your Flippa account with Facebook and LinkedIn boosts transparency, enabling buyers to verify your identity and explore your professional network. This portrays you as a reliable seller and positively influences buyers’ perception.
  2. Verify Your Phone Number – This step proves you’re a real person, adding credibility to your profile and indicating your seriousness about the sale.
  3. Maintain a Positive Reputation – Engage in ethical business practices, communicate effectively with potential buyers, and fulfill your promises. Positive feedback from previous transactions enhances your trust rating, giving prospective buyers more confidence.

Improving your trust rating is an ongoing process. By demonstrating transparent and honest transactions, you can establish yourself as a trustworthy seller and boost your chances of a successful sale on Flippa.

Trust Rating Factor
Description
Benefits
Account Verification
Verifying your identity and contact information
  • Enhances trust and credibility
  • Instills confidence in potential buyers
  • Signals your commitment to a transparent transaction
Linking your Flippa account to Facebook, LinkedIn, etc.
  • Establishes authenticity and online presence
  • Allows potential buyers to verify your professional connections
  • Builds trust through social proof
Positive Feedback
Receiving positive reviews and ratings from past buyers
  • Reflects your reputation as a reliable seller
  • Builds trust and confidence in your auctions
  • Attracts more potential buyers
Transaction History
Demonstrating a track record of successful transactions
  • Shows your experience and reliability as a seller
  • Assures potential buyers of a smooth transaction process
  • Increases buyer confidence in your auctions
Timely Communication
Responding promptly to inquiries and comments
  • Creates a positive impression of your professionalism
  • Builds trust and fosters good buyer-seller relationships
  • Increases the likelihood of successful transactions

4. Optimize Auction Length

When selling your website on Flippa, the duration of your auction plays a crucial role in attracting potential buyers and creating a sense of urgency. In this section, we will explore the optimal auction length and the drawbacks of longer auction periods.

The Power of Seven Days

Setting the auction length to seven days is widely considered optimal for maximizing visibility and generating buyer interest. This duration provides a balance between allowing enough time for potential buyers to discover your listing and creating a sense of urgency that compels them to take action.

By choosing a seven-day auction period, you ensure that your website receives exposure to a diverse range of potential buyers. Those who browse the marketplace during weekdays and weekends will have an opportunity to come across your listing, increasing the chances of attracting a larger pool of interested parties.

Disadvantages of Longer Auction Periods

While it may be tempting to extend your auction period beyond seven days, there are several disadvantages to consider:

  1. Diminished Urgency: Longer auction periods can dilute the sense of urgency among potential buyers. When given an extended timeframe, buyers may feel less compelled to act immediately, leading to delayed or lower bidding activity.
  2. Decreased Buyer Engagement: As time goes on, buyer engagement tends to decline. Potential buyers who initially showed interest may lose enthusiasm or get distracted by other listings. This can result in fewer bids and reduced competition among buyers, ultimately impacting the final selling price.
  3. Loss of Momentum: Longer auctions risk losing momentum over time. Initial excitement and interest may wane as the auction progresses, making it more challenging to sustain buyer attention and generate competitive bidding.

By opting for a seven-day auction length, you strike a balance between providing ample exposure to potential buyers and instilling a sense of urgency that motivates them to act promptly.

Auction Length
Pros & Cons
7 days
Optimal length for maximizing visibility and creating a sense of urgency
14 days
Longer duration that allows for more potential bidders to come across the auction
30 days
Extended timeframe, but may lead to decreased buyer engagement

5. Strategically Set Reserve and Minimum Bid

In your Flippa auction, intelligently determining the reserve price and minimum bid can greatly impact the final sale.

Stir Interest with a Low Reserve Price

By opting for a lower reserve price, you create a sense of urgency among bidders. The moment your reserve price is met, Flippa notifies users, encouraging them to bid more.

Consider this: You list your e-commerce site with a $5,000 reserve price. Seeing low bidding activity, you drop the reserve to $3,000. The prominent “Bidding open and reserve has been met!” message then drives more buyers to bid, promoting competition and pushing up the final selling price.

Filter Out Casual Bidders with a Higher Minimum Bid

A higher minimum bid, on the other hand, acts as a filter for non-serious buyers and maintains the auction’s integrity. It discourages low offers and impulsive bidding, thus attracting buyers who are truly interested and ready to commit.

For instance, let’s say you’re selling a content website with a $2,000 reserve price. To appeal to dedicated buyers, you set a minimum bid of $500. This wards off casual bidders while attracting those who value your website and are ready to participate in the auction competitively.

In conclusion, strategically setting the reserve price and minimum bid boosts your chances of a successful and profitable sale on Flippa. The low reserve price encourages bidding, and a higher minimum bid keeps non-serious bidders at bay, fostering healthy competition.

6. Determine a Reasonable Buy It Now (BIN) Price

On Flippa, setting an appropriate Buy It Now (BIN) price is key for drawing buyers and enabling a seamless transaction.

Tap into Industry Insights

Before deciding a BIN price, it’s worth seeking advice from experienced peers or industry experts. They can offer fresh viewpoints and help you assess your website’s market value.

Look for people familiar with your website’s industry or niche. Share specifics about your site’s performance, traffic, and income. Ask for their views on a fair BIN price. This external perspective can be essential to aligning your price with market expectations.

For example, suppose you have a niche blog with regular traffic and a devoted reader base. You want the BIN price to reflect your site’s content, brand, and future growth potential. By consulting with fellow bloggers and industry professionals, and sharing relevant data, you can gain insights and arrive at a BIN price that suits your niche’s market conditions.

Avoid Overpricing

Overambitious BIN prices can deter buyers and impede the sales process. Buyers do their homework before buying, and an inflated BIN price can lead them to question your listing’s credibility.

A BIN price significantly above the market value might signal that you’re out of touch with market trends, discouraging serious buyers and resulting in lackluster interest or bidding activity.

Suppose you run an e-commerce site selling handmade crafts, and you believe it’s worth $50,000. However, market research and peer feedback suggest a more realistic value of $20,000. If you insist on a $50,000 BIN price, knowledgeable buyers might see your listing as overpriced or question your market understanding, leading to less interest and fewer bids.

By setting a fair BIN price in line with market trends and realistic evaluations, you attract serious buyers ready to make competitive offers. A reasonable BIN price is vital for generating buyer interest and ensuring a smooth sales process on Flippa.

7. Avoid Hyped Descriptions

When selling your website on Flippa, maintain credibility. Avoid exaggerations and unrealistic claims. Here’s how:

Resist Hype

Over-hyped descriptions can raise doubts. Don’t use phrases like “Huge potential!”, or “A lifetime opportunity!”. Stick to the facts and tangible benefits of your website.

If your website earns $10 per month, don’t inflate it as a potential $4,000/month goldmine. Be transparent and realistic about earnings and growth.

Stay Real

Don’t speculate on future earnings. Unsupported claims harm your credibility. Focus on verifiable data – your website’s current revenue, traffic, and user engagement.

Share real performance metrics instead of speculative forecasts. Details about revenue sources, target audience, and growth strategies provide reliable data for potential buyers.

By skipping hype and unrealistic claims, you build trust. Focus on actual performance and benefits. This will attract serious buyers who value transparency and facts.

8. Engage with Commenters

Here’s a secret to boost your auction’s standing and trust on Flippa: engage with commenters! Potential buyers want to know you’re active, attentive, and transparent.

Speedy Replies Go a Long Way

Potential buyers are bound to have questions, despite your detailed description. Show them you’re on the ball – reply promptly to every comment and inquiry. It’s not just about answering quickly; it’s about offering additional details that prove you’re trustworthy and encourages them to bid.

Take, for example, a query about traffic sources or monetization strategies for your website. Don’t just reply – seize the moment to give an in-depth answer that shines a light on your marketing tactics, traffic generation, and diverse revenue streams. This kind of engagement builds buyer confidence and puts your expertise on display.

Keep Comments Visible

Transparency is everything. Resist the urge to delete comments unless it’s necessary. It can appear suspicious and potential buyers might think you’re hiding something. Keep your comment section open and honest.

If someone’s asking for more information about your site’s performance or revenue, don’t just delete their comment – address it directly and truthfully. It’s an opportunity to dispel any doubts and flaunt your transparency and professionalism.

Remember, engaging with commenters, responding quickly, and keeping an honest comment section is a triple-threat strategy. It enhances your credibility, convinces more people to participate in your auction, and positions you as a reliable seller.

9. Have A Plausible Reason for Selling

While listing your website for sale on Flippa, it’s vital to offer a legitimate reason for selling within your auction description. Stating a believable reason for selling your website can foster trust among potential buyers. It displays your transparency and assures buyers there aren’t undisclosed issues with the website. By doing so, you encourage an open and secure environment for serious auction consideration.

For instance, if you’re selling a well-established blog, you might mention in your auction description that you’re selling to concentrate on different business ventures or personal obligations. This valid reason assures buyers that your choice to sell is strategic, not due to unresolved issues with the website.

Refrain from raising doubts with an unclear selling reason.

10. Invite Qualified Buyers

To attract more bids and engage serious buyers for your Flippa auction, consider directly inviting qualified individuals. Here’s how:

  • Identify Similar Websites and Engaged Users – Browse through the Flippa marketplace for websites similar to yours, whether active or sold. Look for users who have a high trust rating and have shown interest in related auctions.
  • Craft Personalized Messages – Send a direct message to these users, referring to their previous engagement and expressing why your auction may be of interest to them.
  • Emphasize the Value – Clearly communicate the value of your website, highlighting its benefits, potential revenue streams, and growth prospects.
  • Encourage Engagement – Invite potential buyers to ask questions and engage with your auction. Promptly respond to their inquiries to build trust and transparency.
  • Maintain Professionalism- Maintain a professional and respectful tone when reaching out to potential buyers.

Real-world example:

Subject: Exclusive Invitation: Explore an Exciting Website Auction Opportunity

Hi [Buyer’s Name],

I noticed your active engagement and trust rating on similar Flippa auctions. I wanted to personally invite you to an exceptional opportunity. I’m auctioning a website that aligns perfectly with your interests.

This website offers [briefly describe the website’s niche/industry] and has a strong track record of [mention key performance indicators such as revenue, traffic, or user engagement]. It presents a unique chance for growth and profitability.

Explore the auction listing at [insert link to your Flippa auction]. Discover detailed information about the website’s features, revenue streams, and growth prospects. If you have any questions, feel free to reach out. I’m here to provide prompt responses.

Thank you for considering this opportunity. I look forward to your potential participation as the new owner of this exciting website.

Best regards,
[Your Name]

Note: Customize the example to suit your situation and target buyer’s interests.

Pro Tip: Keep Your Auction On The Homepage

To get the most out of your Flippa auction and catch the eye of possible buyers, you might want to think about spotlighting your listing on the main page. Here’s why it could be a crucial strategy:

Choosing the “Prominent Listing on the Main Page” add-on gives your auction a top spot on the Flippa homepage. This area is typically the first stop for most buyers, so your listing gets substantial visibility, thereby enhancing the chances of receiving credible offers.

By putting your auction in the spotlight on the main page, you’re ensuring it grabs a broad spectrum of prospective buyers’ attention. This strategic positioning distinguishes your auction from others and increases the chances of it being noticed by serious investors hunting for worthwhile opportunities. If your auction drifts to the second page without getting credible offers in the initial period, it might be wise to think about opting for the main page feature again. This extra step can reignite intrigue and pull attention back towards your auction.

The post Sell Your Website on Flippa Like a Pro: 10 Expert Tips appeared first on DailyBlogTips.com.

]]>
https://dailyblogtips.com/10-tips-to-sell-your-website-or-blog-on-flippa/feed/ 39
A Guide To Buy Websites And Make A Profit https://dailyblogtips.com/a-guide-to-buy-websites-and-make-a-profit/ https://dailyblogtips.com/a-guide-to-buy-websites-and-make-a-profit/#comments Thu, 03 Feb 2011 11:38:34 +0000 https://dailyblogtips.com/?p=7413 buy websites button

The post A Guide To Buy Websites And Make A Profit appeared first on DailyBlogTips.com.

]]>
buy websites button

If you browse around the web you’ll mostly find people talking about selling websites, and about how profitable it can be. While that is true, the opposite is also true. That is, buying websites can be quite profitable too, and here is why: valuations of websites are still small when compared to offline investments.

turned on MacBook Pro beside gray mug

The Return On Investment Of A Website

Let’s illustrate this point with some examples. If you buy real estate (e.g., a house or an apartment) as investment, you’ll probably be able to rent it for 1% of the price you paid for it (the percentage will be higher in some regions and smaller in others, but 1% is a good ballpark number). This means that a $200,000 apartment would produce a return of $2,000 monthly, and it also means you would need 8.3 years to recover your investment. The value of the apartment itself might increase over time, but this depends on the region and economic situation, and even then it wouldn’t radically change the returns of this investment.

If you buy a small business, similarly, you should expect to have a return from 20% to 30% yearly. This means that a $200,000 business will produce from $40,000 to $60,000 in annual profits. In this case the pay back period goes from 5 years to 3,3 years.

What about buying a website? Most website owners are willing to let their babies go for 1 or 2 times their annual revenues. For instance, you could probably buy a website that makes $2,000 monthly anywhere from $24,000 up to $48,000. For the sake of simplicity let’s use the middle point and assume you could buy it for $36,000. This means that your annual return would be 66% (compared to 12% on real estate and 20% or 30% with a small business). Additionally your pay back period would be 1 year and a half, compared to 8.3 years with real estate and 5 or 3.3 years with a small business.

Sounds like a good investment to you? You bet it is.

Over Time The ROI Will Be Smaller

Right now is a especially good time to buy websites because, as you saw from the numbers above, the valuations of online assets are still undervalued when compared to offline ones. This won’t last forever, though.

Over time purchasing and owning a website that makes money will become a lot more common, and by then valuations will start increasing. In fact you already have banks and equity funds investing money into large websites, so sooner or later online and offline investments will need to be in balance.

But…. Be Careful!

If you got excited about buying a website, calm down a bit. While buying websites can be quite profitable, you’ll get burned if you don’t have experience in this market and if you are not willing to do your home work (i.e., spend enough time shopping around, very find all the stats before buying and so on).

The strategy I recommend is to start small, and then build your way up. For example, you could start buying a small site that makes $100 monthly (paying around $2,000 for it), and then once you learn the ropes (e.g., website going, how to promote it to increase traffic, how to optimize the monetization strategy to increase revenues) you start considering larger sites to acquire.

Doing Your Home Work Before Buying

Before you consider making and offer and purchasing a website consider the following things:

  1. Do you have the technical knowledge to manage it? Some websites are quite simple to run, and you’ll just need to update the content via a content management system once in a while. Others, however, are quite complex, and you’ll need some technical skills (e.g., PHP, MySQL, JavaScript). Make sure you know what is involved.
  2. Do you know how much traffic the website gets? The best way to assess this is to ask the website owner to install Google Analytics on the website and to give you a user account so you can see the numbers by yourself. If he is reluctant to do this, be skeptical.
  3. Do you know how much money the website makes? Similarly you need to be 100% of how much money the website makes. Ask for screenshots, and if necessary even video screencasts, and those are harder to fake.
  4. Is the website solid and established? You want to make sure that the website you’ll be buying has solid roots, else both the traffic and the revenues could vanish after a couple of months. You can verify this by checking the age of the domain name, the number of pages indexed by Google, the number of backlinks pointing to the website, and by the traffic and revenue history (e.g., ask for at least 6 months of data for those metrics).

Where To Find Websites To Buy

At this point you might be wondering where you can go to find websites to buy. The first place you should check is Flippa.com. This is the largest marketplace for websites online. There are many low quality websites being offered, so you’ll need to spend some time filtering the good ones out. One tip you can use is to order the auctions by “Number of Bids”, as the higher the number of bids the higher should be the quality of the site.

There are smaller marketplaces around, and online forums with marketplace sections too, but I don’t recommend using those because the amount of low quality and scam offers there is too large.

The other tool you have is Google. That is, you can search for websites on niches you have an interest in, and then approach the owner to see if he is interested in selling. Most website owners are wiling to sell their sites if the price is right, so this strategy tend to work well. The trick is to contact the owners of websites that have potential but are not there yet, so that you get to buy it for a low price, and then with some work your take to the revenues to higher levels.

How Much To Offer

First of all keep in mind that the value of a website is mainly given by how much it already generates in revenues. Website owners like to make valuations based on “potential”, but that is bs in my opinion. If the website had such great potential the owner would not be selling in the first place.

Sure, website traffic and email/RSS subscribers have some value, and you should include that in your valuation, but the main factor should always be the revenues.

Some website owners also say that they “haven’t had time to monetize the website yet.” In this case say you want to put some AdSense units on it and test the numbers for one month. This will give you a good idea of how much the website would make from day 1 if you were to buy it.

Once you know how much the website makes monthly, how much do you offer? Here is my rule of thumb: 12 times monthly revenues is a great buy, 18 times is an average buy, and 24 times is the maximum I’ll pay.

If you find a website owner that is willing to sell for 12 times the monthly revenues, provided the website is solid, you can buy it on the spot. As long as the numbers are true (refer back to doing your home work), you’ll get a return on investment of 100% annually, and after just one year you’ll have your money back. On top of that you can tweak the website to improve its traffic and earnings, making an even greater profit.

Paying 18 or 24 times the monthly revenues needs more consideration, and I usually I only do it if the website has been online for many years, and has a lot of traffic and subscribers, which means it will be easier to tweak it and increase the revenues.

How To Handle The Transaction

Once you find the right website to buy and reach an agreement with the owner you’ll need to handle the transaction. The first step here is to have a contract signed by both parties. It can be a very simple contract you’ll write yourself (or download a sample contract here). Just make sure you have the full name and address of the other person, and that you insert any clauses you think are necessary to protect yourself (e.g., a non-compete clause).

With the contract signed you’ll need to figure out how to transfer the payment and the website. Usually I give sellers two options:

Option 1: I send 10% of the money as a good faith deposit, and then he transfers the website. Once everything is in my control I send the remaining 90% of the payment.

Option 2: If the price is high, or if I don’t trust the other party, then I prefer to use Escrow.com. It’s a service that will act as a middleman, securing both the seller and the buyer. It charges a fee (around 3%), but the service works like a charm.

Finally, if you are buying a small website consider paying it with PayPal. If things go wrong and the other part doesn’t deliver you can always open a dispute and freeze the payment you sent on PayPal, which adds another layer of security.

The post A Guide To Buy Websites And Make A Profit appeared first on DailyBlogTips.com.

]]>
https://dailyblogtips.com/a-guide-to-buy-websites-and-make-a-profit/feed/ 23