Prior to buying and selling websites on Flippa, for a number of consumers our internet auction

experience has been by way of eBay. There is lots of discussion and misunderstanding

surrounding the fact that Flippa, aside from being similar on the surface of it, is quite

different to  buying and selling on eBay..

 

The significant dissimilarity between eBay and Filippa is that by using eBay, purchasers and

retailers have a general take for the worth of the items they trade.

 

Many buyers and on occasion even sellers turn to Filippa asking “What on earth is this

site truly worth?”

 

With eBay, as a buyer you know the amount that an item is worth and you sign up and

enter the process of bidding aiming to win the auction for a cost you

know could be less expensive than in store, or if you are buying a collector’s item, a price

you know is right.

 

*The entire buying and selling websites marketplace is so sophisticated that buyers and notably

inexperienced buyers have less than adequate thought about what a website is worth and

how they need to work out the right buying price.*

 

For an, you could be selling latex blow up dolls via eBay. Both

buyer and seller already hold a good idea of the doll’s money value. The

seller will decide the initial amount, generally a reserve with no ceiling or “buy it

now” price and allow buyers battle it out during the auction process.

 

On the other hand, selling websites Ebay Style 

latexrubberdolls dot com, many buyers have no understanding of how to find out the value the site is

and ask the seller for guidance, who also generally has no notion of what

his page is worth.

 

I’m primarily talking about lower to mid class webpages in this case, as higher end webpages

mostly serve buyers who get the market and how to judge what a website is worth,

or at least, should understand. There still remains to be a bit of emotional reaction when

buying and selling pages, which can very much assist advantageously as long

as you are unattached (to the site, not the doll).

 

I read about sellers often complaining again and again because of curious buyers desiring the reserve price or a “buy it now” price when there isn’t one. The

demand comes from the eBay procedure of doing things, in which potential buyers

have got a fair thought of what the product is worth.

 

With Filippa, potential buyers of low to mid grade webpages need to understand the amount the

seller has requested for the page and then the auction process is for which buyer can win at

cheaper than the BIN price.

 

I’ve checked out several sites in no reserve, no BIN auctions and buyers have

not known the amount they should have to pay and in most of the cases, the pages have

sold for a lower cost than I anticipated.

 

The best outcomes I’ve had have been with auctions that had a BIN price and

no reserve. Leaving out a reserve and permitting the bidding process a ceiling price gives

buyers the confidence to pick up a “bargain”, as there wasn’t a reserve, but they understand that they have the option to jump out and win the auction for the BIN price if the

bidding start to get a bit too scary for them.