What is Flippa and how to buy, sell and make money from it
Flippa is the largest and most popular online buy and sell website. Unfortunately, many do not know anything about it, and they do not know the size of the opportunities and profit potential that can be achieved through it.
The site is easy to use, through which you can sell or buy any site within minutes, through simple steps, and in a very safe way.
In this article, we introduce you to the Flippa website, and we explain to you with pictures how to create an account on it and document it, and we will explain the steps of buying and selling through it, and finally we will explain 3 different ways to make money from the Flippa website.
What is Flippa website trading?
Flippa is simply an online marketplace where you can buy and sell websites, you can offer a website you own for sale or buy any website you like that is displayed on the platform.
Flippa contains a huge number of websites in different fields. The sites for sale may be sites specialized in written content (blogs), financial services sites, or even huge online stores, and even applications.
Site sellers display their sites on Flippa with the required price, and the amount of profits generated by these sites per month, site sellers add other information about their sites such as the age of the site, the method of making profits, the number of daily visitors and others.
Site buyers browse the Flippa site to find sites that suit their interests and features, and when they find a site they want to buy, they view its information, and buy it immediately or bid on it (we will explain the process of buying and selling sites on Flippa in detail later).
Buyers can also register in the Flippa mailing list to have the best deals sent to their email. This is done by going to the Deal page and choosing the rate of sending alerts and emails to be either daily, weekly or monthly.
Simply the site's goal is to provide a special type of e-commerce whose main commodity is websites.
Finally, the site deals with the purchase and sale of sites as a personal investment, in other words, you can sell a site that you own that provides you with monthly profits commensurate with a specific buyer, or you can play the role of the buyer and buy a site for the purpose of obtaining the profits that it achieves, which you see fit the size of your investment.
Here is the link to the official Flippa website
How to create a Flippa account?
In general, you can view the sites offered for sale through Flippa without registering on the site. You can search for specific sites by searching by name, or by browsing the site category (online store or blog) without logging in or creating an account.
Browsing without creating an account or logging in allows you to browse the sites offered for sale on Flippa and some of their details only, but seeing all the details of the sites such as the number of visitors and sources of earnings is not available until after creating an account.
Of course, it is better to create an account on the site to be able to see all its sections and features better.
Here are the steps to create an account on Flippa with illustrations:
First Step: Access to the registration page
After switching to Philippa's signature; Click on Sign Up referred to in the previous image, to go to the account creation page shown in the image below:
As you may have noticed, on the previous page, you can create an account by:
Add the required data in the fields in the image and press Continue.
Register with Google (your account is linked to a Google email address of your choice).
If you already have an account on Flippa, you can click on Sign in to access it.
Second Step: Register with a Google email
In short, we recommend that you register using a Google email, after completing this step, the following image will appear:
Before filling in the fields in the previous image, you must specify your purpose for creating an account on the Flippa website:
Choose I'm looking to buy if you want to buy a site.
Choose I'm looking to sell if you want to sell a site.
As you noted, the rest of the fields do not need complicated data. You can add your company name, if any (optional), then specify the source from which you knew the Flippa website, your country, and your phone number, then agree to the terms and conditions of the site and click Create my account
I will choose I’m looking to buy to complete the registration process, do not worry, the steps for creating a seller or buyer account are considered one, through the account you created, whatever your choice, you will be available to buy and sell sites at the same time.
Step Three: Get to know Flippa and answer some questions
Now that you are done with the registration process; Flippa will start by introducing you to some information, and collecting some data from you in a process that takes about two minutes.
Click on Begin Onboarding that will appear to you after clicking on the create my account button in the previous step, to start the process of introducing you to the site:
Get to know tips and advice: The first section in the process of introducing you to the site is tips and advice.
This step shows you:
The effect of how honest you answer the site's questions on the results you get while searching for sites.
Add useful information in your account so sellers can determine your suitability to purchase their site.
After you finish adding your information, you will be able to access information about special deals.
Click Continue to go to the next page.
The first question: Why are you looking for a business online?
Through this question, Flippa would like to know why you are looking for a job online (it is intended to buy websites), choose the option that suits you from the options in the previous image and then go to the next two questions on the same page.
The first question asks if you would like to invest in financing a site instead of buying it, and the second question asks if you are an accredited investor or not. (Simply speaking, an accredited investor is an investor who meets specific conditions from some competent legal authorities).
Flippa provides you with more information about its definition of an accredited investor, by clicking on the question mark next to the question.
As you can see, you can be considered an approved Flippa investor if:
- Your net income is 200 thousand US dollars, or your total income and the income of your spouse exceeded 300 thousand dollars annually during the previous two years, and it is expected that it will reach the same amounts during this year.
- Your net worth, or the total property value of you and your spouse, is more than $1 million.
- Represents an entity or company that owns $5 million in assets.
- You invest on behalf of an investment fund that has $5 million in assets, and is aware of the risks of investing in startups.
- Holds a FINRA Administrative License.
Fourth Step: Complete the account information and activate it
The process of verifying your Flippa account includes:
- Driving License.
- residence permit.
- Your personal identity card.
- Your passport.
- Verify your identity data (you do not need to do it again if you did it in the first step of verifying your account on the site).
- Adding bank documents related to your bank account (usually an account statement for transactions made on your bank account within the past six months).
How do you use Flippa?
First: Selling websites through Flippa
- Go to your account on the site and click on Sell Now in the top right.
- Add your website address and click Continue to go to the next page.
- Decide what category your site would like or see other options for what you can sell through Flippa.
- Add data about your site, such as the name of the company to which the site is affiliated, when it was created, where it is located, and so on.
- Select sources of income (site earnings). You can choose more than one source, or add sources that are not mentioned on the site.
- Identify the companies and tools you rely on to monetize your site.
- Connect the profit tools you chose in the previous step to your Flippa account. (Flippa does not support linking with all profit sources, but with some sources such as Google Adsense, for example)
- Add your site's earnings, expenses, and net profit over a specified period of time (when it was created and up to the current month). You can also add documents, videos and reports that support the validity of these numbers.
- Add details of your site expenses such as the nature of the expense and its average cost.
- Determine the items that you will sell in addition to your site or included in the site.
- Determine the platform on which your site is located, whether it is on Blogger or WordPress, for example, and finally answer some questions.
- Add links and details of your site's social media accounts if they are among the items that you will sell with your site.
- Add a short and detailed description of your site. (Adding the short description in particular is a mandatory step and cannot be skipped).
- escrow site.
- PayPal.
Second: Buy sites on Flippa
Important tips on using the Flippa website for sellers and buyers
Second, tips for sellers on Flippa
Ways to earn through Flippa
1. Create and sell websites
There are several methods that you can follow to create websites and profit from selling them through Flippa:
2. Buying and developing websites and then reselling them
3. Buying profitable websites from Flippa and investing in them as a profitable project
Labels: Make money online
0 Comments:
Post a Comment
<< Home