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STOP Listing Too Many Auctions On Flippa!

by Amir Rimer on January 25, 2012

A few months ago I have had a very good month on Flippa,  because  I was able to make a record month in websites sales.

I reached this record without even utilizing the Advance Flip method for increasing profits.

Yet, on the following month I have made such a huge mistake that I almost lost money.

In this post I want to go over what has happened, so you will avoid my mistake.

So, what has happened was that I have put too many websites on auction simultaneously.

You see, my usual routine up until this point was to list around two websites on auction simultaneously for a 3 days period, and then when those auctions have ended I have repeated the process by putting two new ones.

Yet, after my record month of sales, I have asked myself:

“Why won’t I just double, triple, or quadruple the number of sites that I put simultaneously, and by doing so I will double, triple, or quadruple my income?”

So, that is exactly what I did on the following month.

Instead of putting two websites on auction simultaneously, I have told my employee to put 4,8, and sometimes 10 auctions.

Of course my employee couldn’t handle so much work, so I had to hire 4 more workers to help her out.

The results of listing many auctions simultaneously has been…

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If you have been constantly selling websites on Flippa (previously the Sitepoint Marketplace) for the last few years you already know how difficult it is to keep your Flippa’s account feedback score 100% positive.

One successful seller on Flippa told me a few weeks ago that I shouldn’t really focus on keeping my feedback 100% positive all the time because when buyers really want a website they will turn a blind eye to almost any negative feedback, and just buy the website they desire.

I perfectly understand the logic behind this claim, yet I personally still feel that you should do your very best to make your feedback score on Flippa 100% positive or very close to it all the time.

Nowadays, it is even harder  to keep a good feedback score because Flippa has recently insert an ADDITIONAL feedback score.

This means that nowadays you don’t only need to keep your “Transaction Feedback” score high, but you also need to keep your “Site Quality Feedback“ score high (Flippa may change it in the future, but the new feedback score is active for a long time now).

I have to admit that I personally don’t like the new ‘Site Quality Feedback’, and here are my main reasons:

1. Feedback Can Be Left After SIX Months - Flippa sends the “Site Quality Feedback” invite to my website buyers six months after they have purchased the website for me, and this just doesn’t make sense.

So many things can happen with your buyer six months after he / she purchased a website from you…

a) The buyer may be frustrated because he / she hasn’t been able to make money online, so he / she may blame the site for his /her skills, luck, etc…

b) The buyer may confuse you with another seller, and post a negative / natural feedback on your account instead of the account of the seller they bought their website from.

c)  The buyer may extort the sellers because he / she is not able to make money from the site.

It is kind of disturbing that you as a seller need to hope that the person who has bought a website from you six months ago will get the ‘request for feedback’ email from Flippa when he / she in a good mood.

2. The Seller Can’t Reply To The Feedback – it is very strange that Flippa only let your auction visitors read only one side of the story (of course the buyer don’t need to provide any proof for his / her comment).

It makes much more sense to me if the seller could reply to the natural / negative comment that the buyer has posted on his profile.

Many people (not all) who buy websites that haven’t produce income / traffic  from sellers like me think that the website they bought can make them rich in a short period of time, and when they see it is not the case they will many times not accuse themselves, but rather the seller who has sold them the website.

3. The Seller Can’t Trace The Listing – so you see a negative / natural feedback on your profile six months after the auction ended, and one of the first things you want to do is to contact your buyer to ask him / her why did he / she left you a negative / natural feedback, yet if you are selling many websites (as I do) you can’t always trace the listing by reading the negative / natural feedback (Flippa doesn’t provide in the comment a link to the auction or / and the nickname of your buyer).

If you are not selling many websites or if your site site sold for a huge / unique price it may be easier for you to trace the auction, but if that’s not the case you will struggle to trace the auction.

What Should I Do If I Got A Negative / Natural Feeback, And I Want To Remove It?

I can’t promise that Flippa will remove the negative feedback from your profile after you implement the steps below, but this is the only way I know to remove negative / natural feedback from both your ”Transaction Feedback” and Quality Feedback score.

Step 1 – Trace The Auction: After you have noticed that you have a negative / natural feedback on your profile you should first trace who has left you the feedback (yes Flippa doesn’t let you know that a negative / natrual feedback has been posted on your profile).

If you have not sold many websites this is going to be easy for you, but if you are big site seller, and you have sold many websites for the same price, the best way to trace the auction for you will be to simply contact Flippa and ask them to point you to the right auction.

Step 2 – Contact Your Buyer in a CALM  way: if you have been implementing my Advance Flip training you will probably be very upset when you reach this step because you know that you always go the extra mile for your buyers, yet I strongly suggest that you will do what you need to do to calm yourself (if you are upset) and then write the kindest email you can to your buyer.

Many sellers do it wrong, and they contact their buyers with long and tiresome messages that basically explain why they are right, and their buyers are wrong.

Whether those sellers are right or wrong is irrelevant. What is relevant is whether such a message from them will increase their chances of their buyer contacting them back after 6 months.

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One of that main things I have tried to avoid in the 3 years that I have been selling websites on Flippa is to register .INFO domains, yet because I am always trying to follow my own advice, I have just recently started to sell .info domains as well!

The results have been nothing short of amazing.

So amazing, that I am not sure why I haven’t register .info domains before.

You see, if you are selling simple websites, as I teach how to sell in my Flip Course and Blogs Flip video training programs, you are basically trying to make an income on Flippa by selling many simple websites.

You may prefer that each of your websites will sell for $300 or more, but usually you know that’s not the case.

Usually you just hope to cover your expenses, and maybe make a few dollars of profit per website.

Yet, if you have read my previous blog post “Flippa In NOT Your Business, But Your Business CARD” you know that is the whole point.

So, because I know that I sell each website very cheaply, I want to keep my expenses as low as possible.

If you are like me, and you sell your websites on Flippa and get paid via Paypal, there are some expenses that are kind of set in stone.

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This is one of the questions I get quite a lot from my website buyers and from my subscribers who want to start selling products on Clickbank.

Before I talk about whether it is possible to sell multiple products under the same Clickbank account I want to first emphasis that:

An Affiliate Account  is not a Vendor Account.

If you have opened a free Clickbank account (affiliate account), and you have never paid a $49.95 fee to Clickbank (to get a vendor account + affiliate account) you can’t sell products on Clickbank – period.

I actually show how to turn an affiliate account into a vendor account inside my Advance Flip video course.

Now, after you have paid the $49.95 fee to Clickbank you may decide that you want to create / buy another website which also sells a digital product, and add this new digital product to your existing vendor account.

Then your question may be:

Can I Sell Multiple Products Under The Same Clickbank Vendor Account?

The answer to this quesiton is:

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If you have completed my Flip Course training you already know that I make money online by selling simple html websites on Flippa.com

Yet, selling simple html websites on Flippa is not my only source of income.

I also make money as an affiliate marketer, website owner, and by selling websites to private buyers.

This is also what I think you should do if you are a website flipper like me.

Don’t just sell websites on Flippa, but try to create many streams of income for yourself. 

Once you created an extra stream of income for yourself (for example selling your own product on Clickbank) you can actually use Flippa as a marketing tool to drive traffic to your website as I suggested in my previous post “Flippa In NOT Your Business, But Your Business CARD“.

The main thing I want to say is:

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Flippa In NOT Your Business, But Your Business CARD

by Amir Rimer on December 21, 2011

Maybe I will sound pessimistic, but I always try to have in mind the worst case scenario when I do any kind of business online.

If  in a certain month, I am doing espasically well selling websites on Flippa, for example, I always say to myself:

“That’s great that I am doing well NOW, but what will happen tomorrow?”

I feel that one should ask himself / herself the same question, and not say:

“Well, I will cross the bridge when I get there”

This same logic of course doesn’t apply only to Flippa, but it applies to any kind of business you do online.

I remember that for a long time there were many successful eBay sellers that were making a lot of money selling digital eBooks on eBay, then one day, eBay decided to change its rules, and from that day onwards didn’t allow sellers to sell digital eBooks on their marketplace at all.

Some sellers adjusted their business to the new rules (by selling their eBooks on cds)  but others who didn’t want to to adjust themselves or couldn’t have lost their entire successful eBay business overnight.

This is why, as the old saying goes, you should never put all your eggs in one basket.

Maybe if bankruptcy wasn’t an option I would speak differently, but as well  all know businesses close their doors (for many reasons) all the time – small business can close their doors, and gigantic business can close their doors as well.

This is why you need right from the start to build your business correctly.

The best way to build your Flippa business correctly is simply not to treat it as your main business, but rather as a:

BUSINESS CARD

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You Are Your Business, And Your Business Is You

by Amir Rimer on December 14, 2011

I don’t think there is any kind of real separation between our Internet Business and us.

If you agree with me, then the only way for us to improve our Internet Business is to improve ourselves.

Our  business will stay the same if we stay the same, and vice verse, if we change ourselves our Internet business will change accordingly.

I don’t think that I am writing here something revolutionary or something that you didn’t read before.

Yet, it seems that knowing something logically is a completely different thing from knowing something actually.

Like a kid who will best know that touching fire should be avoided if he / she will touch it by mistake, and not by his / her family members keep warning him / her.

I, for example, remember myself a few years ago buying many products that offer Internet riches.

On Sunday I would buy a product that teaches how to make money on eBay, and on Monday I would buy a different product that explains how to make money with Adsense.

Then I wondered why I am not making any money online.

I was confused, and as a result my Internet business was in confusion.

I don’t think the problem is with ‘being confused’ in itself, but rather the problem is that we don’t really and fully believe that we are totally confused, and thus we keep repeating the same mistakes all the time.

I think that all of us has this sort of sensation that:

“Indeed I am confused, but there is a certain part of me (an untouched entity perhaps) which is separated from my confusion, and thus I can get out of  my confusion by doing…. something”

Yet, this so called entity is really a fallacy, isn’t it?

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Love Your Competition

by Amir Rimer on December 8, 2011

I fully understand that if you are a barber, for example, you may not “love” the other barber from across the street because you know that many people stick to one barber, and if this barber will get your customers (potential customers) you will lose money.

Yet, selling products, services, and websites online is totally different.

A person who is passionate about marking money online, diet, relationship, etc.. may buy a website, product, or a service from you, and may also buy another website, product, or a service from another seller.

Passionate website buyers, for example, may buy a website on Flippa from a certain selller one day, and then buy a website from you on another day.

So, you may be wondering right about now why you should “love” your competition, and not just be ok with them.

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Let’s start from the end:

The answer to the question:

Can I Register Domain Names That Contain Trademark Names?

is:

No.

I am saying ‘no’ because of three main reasons:

1. It is not legal.

2. You will get less bids or no bids at all, because website buyers know that they can get into trouble by buying a website with a trademark name in its domain.

3. Clickbank doesn’t approve websites that contain domains with trademarks anymore, so you will get a refund request and maybe even a negative feedback from your buyer.

4. If you decide to relist your auction you will many times get less bids or no bids at all because website buyers see that your website failed to sell the last time, and they will check why this has happened.

So, as you can see, registering a domain with a trademark name is:

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How Much Would I Have To Spend?

by Amir Rimer on December 6, 2011

One of the most frequently asked questions I get from people who are thinking about joining one of my courses is:

How much would I have to spend in this business of flipping websites?

It is very hard to give a precise answer to this question, because the costs keep changing, yet I can give you the current costs that I guess will not change dramatically by the time you read this.

Now, before I go into the numbers, I want to add that the costs of one seller may be completely different from the costs of another seller.

One seller may just wants to register .info domains, and another seller will only want to register .com domains.

Also, one seller may always buy the Flippa upgrades (bold listing, home page featuring) and another seller may not.

All of those small differences make the differences in the costs.

I guess it will be best that I will just give you the obligatory costs, and a few optional costs that are enough to get you started in this business.

So, here are the costs for the services / products I personally use. You can reach most of the services / products I use by clicking my affiliate links below (if you click one of those links, and buy the service / product I recommend I will get an affiliate commission from the company / person who provides the service / product, but be sure that I am only promoting here services / products that I am using myself with great success):

All websites will be open in new windows.

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