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Sell Your Website Ebay Style

July 29th, 2010 admin Leave a comment Go to comments

Trading Websites and Why Flippa is not Ebay

Apart from trading websites on Flippa, for a number of consumers our web auction
use was by way of eBay. Now there’s quite a bit of debate and misapprehension
regarding the reality that Flippa, aside from being not dissimilar to appearances, is quite
different to  buying and selling on eBay..

The clearest difference between eBay and Filippa is that with eBay, consumers and
sellers get a good understanding as to the price of the items they put up for trade.

Several buyers and occasionally sellers approach Filippa challenging “What on earth is Flippa truly worth?”

On eBay, being a buyer you can see what the item is worth and you log on and
enter the process of bidding with the plan to win the item at a price you
know is going to be less than retail, or if you have found a collector’s edition item, an amount
you think is fair.

*The majority of the flipping websites scheme is so sophisticated that buyers and especially
new buyers have less than adequate understanding as to what a particular trading site is worth and
how they should decide the selling price.*

Let’s say as an, you start selling latex blow up dolls via eBay. Both
buyer and seller have a decent knowledge of the doll’s cash value. The
seller will set the starting bid, often a reserve with no ceiling or “buy it
now” choice and let buyers have it out by the bidding process.

On the other hand, no pun intended, if if on Flippa a seller lists
latexrubberdolls dot com, many buyers have no notion of the value the site is
and go to the seller for a guide, who also more often than not has little or no notion of what
his page is worth.

I’m primarily discussing lower to mid tier websites in this article, as higher tier sites
usually serve buyers who have an undering of the market and what a webpage is worth,
or really, should. There still is a lot of emotional attachment when
buying and selling sites, which can very much help as long
as you can stay unattached (to the site, not the doll).

I hear of sellers complaining repeatedly about possible buyers desiring the reserve price or a “buy it now” price if there isn’t one. The
demand stems from the eBay method of bidding, in which typical buyers
have got a general thought of how much the item is worth.

With Filippa, potential buyers of low to mid tier websites need to understand what the
seller is asking for the site and then the bidding is about which buyer can take it at
below the BIN price.

I’ve judged many sites that have no reserve, no BIN auctions and buyers do not know how much they should be having to pay and in most of the cases, the pages have
been sold for less than I anticipated.

The premier results I’ve seen have been from auctions that have had a BIN price and
no reserve. Removing the reserve and permitting the bidding process a ceiling price grants
buyers the determination to bag a “bargain”, as there wasn’t a reserve, but then they have the choice to jump up and end the bidding process for the BIN price if the
bidding start to get that little bit too heavy for them.

When trading websites , giving a bin
price for the lower to mid grade pages can furthermore helps buyers to ignore the agony
a few buyers have with Filippa’s policy of not ending auctions if bids have been
placed in the final hour.

That policy allows sellers time to look over every bid and take care of any “junk”
bids choking the bids.

You honestly must understand the worth of a page for the reason that in being a seller you
can reap the best amount possible and in turn for buying you want to have the understanding to find the scores of undervalued bargain opportunities out there on each day on Flippa.


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