Building a website or application from scratch is a tricky and time-consuming task. It’s much easier to buy a ready-made resource, optimize it, and start making money on it without any extra effort. Or you can sell it for a higher price: why not?
Both of these options are quite possible thanks to the Flippa marketplace. That’s why this platform is in high demand among users who are willing to earn on website flipping business. Of course, the owners of Flippa aren’t at a loss too. Trust us, they get their slice of the cake, so to say.
Perhaps one of the biggest online trends in 2020 is due to the Covid 19 lock-down dramatically increasing the number of people looking for ways to earn money online. With the uncertainties around people’s jobs, and everyone basically forced to work from home, buy and sell website marketplaces like Flippa are seeing an increase in people looking to buy websites that let them earn money at home online.
We recently interviewed Blake Hutchison, CEO of Flippa.com, to give us a market update on what is currently happening in the buying and selling website space and to see if there are there any new opportunities due to the Corona virus situation.
Flippa, an online marketplace to buy and sell online businesses and digital assets, announced its first venture-backed round, an $11 million Series A, as it sees over 600,000 monthly searches from investors looking to connect with business owners.
OneVentures led the round and was joined by existing investors Andrew Walsh (former Hitwise CEO), Flippa co-founders Mark Harbottle and Matt Mickiewicz, 99designs, as well as new investors Catch.com.au founders Gabby and Hezi Leibovich; RetailMeNot.com founders Guy King and Bevan Clarke; and Reactive Media founders Tim O’Neill and Tim Fouhy.
The history of the platform began over 10 years ago, in 2009. The company has experienced its ups and downs, but today it’s doing just fine: traffic is constantly growing, and every day the resource is visited by at least a million users. These people apparently appreciated all the benefits of the Flippa website and don’t mind taking advantage of such a great opportunity to earn money online.
Also inspiring is the number of future investors who are interested in acquiring domain names solely for profit making. Now consider the following:
- In November 2010, Clover Holdings Limited acquired the domain “com” for $13,000,000
- In September 2001, Hotels.com GP LLC acquired the domain name “com” for $11,000,000
- In March 2008, Gentile Philip acquired “com” for $9,999,950
- In May 2007, Moniker privacy services acquired “com” for $9,500,000
- In September 2010, Facebook acquired the domain name “com” for $8,500,000
- In May 2008, ATTN Diamond acquired “com” for $7,500,000
Flippa has over 3 million registered users and added 300,000 new registered users in the past 12 months. Overall transaction volume grows 100% year over year. Though being bootstrapped for over a decade, the company’s growth and opportunity drove Hutchison to go after venture capital dollars.
“There is a huge movement toward this being recognized as an asset class,” he said. “At the moment, the asset class is undervalued and driving a massive swarm as investors snap up businesses and aggregate them together. We see the future of these aggregators becoming ‘X company for apps’ or ‘X for blogs.’ ”
The marketplace for Buying and Selling Websites to create a home-based business is becoming more popular
now we’re seeing a lot more website buyers coming into this marketplace, which is great because it means this marketplace is becoming more well-known. You could say it’s becoming more “legitimized”.
I think for a long-time people have looked at online businesses and thought, “Ah no, that’s not real.” So, we’re really excited that marketplaces like Flippa are really gaining a lot more traction. A lot more people are realizing that these websites are real assets and is something you can use to replace a job and work from home online.
What do you think that’s going to do for website valuations going forward? We’ve got a lot more buyers now, but we’ve also got some interesting times coming up in terms of economics.
Let us focus on few innovative marketing features of Flippa clone that makes it unique in the market:
- Buy it now price
- Sponsored post and newsletters
- Pre-Sales Buzz and earn
- Promotional features – upgrade packages you can get featured on the home page and other graphic/text changes
- Social media accounts
Daily near about 146,904 more new domains are coming up, in only Top Level Domain say, .COM, .NET, .ORG, .INFO, .BIZ, and .US. This statistics is of who is the source. Think once at which rate the market is escalating. Get your own Flippa clone, to match the race.
Busewe(Flippa Clone), a product by NCrypted is buying and selling of websites, which connect buyers to sellers in website marketplace where they can buy and sell websites and earn money on every selling or buying of the websites. Your role is like an escrow to ensure a safe way to buy and sell websites. Flippa Clone satisfies the list of buyers who are in search of website sellers, to match their requirement criteria. Flippa Clone provides a platform for buying and selling of websites, at the end you can earn from a commission provided on the closing price.