May 12 2010

Studying Past Website Sales Is The Key To Your Flipping Success

“History teaches everything including the future,” wrote Alphonse de Lamartine in the 19th century.

Well I have no idea who Lamartine was or the context in which he made that quote so famous, but nothing could be truer. If you study history, you can learn from it to help you have a better, more successful future. And this holds true even when flipping websites.

Whether you are buying or building websites from scratch to flip, it’s important to study past website sales. By studying websites that have sold, you will learn what to do to have similar success. To that end, I have launched a new section on this website that provides historical data on past website sales.

Let me show you how this historical data can be so helpful for website flipping…

I will be compiling the “most actives” and the “top sellers” for each month as these are the most important historical metrics to know. The most actives show those websites with the most bids. Essentially, it will tell you what types of websites are in demand. This information is particularly useful for short-term flippers as they will be able to determine what types of sites to develop to meet the demand.

The top sellers obviously show those websites that have sold for the most money. While this information can certainly be interesting by itself, especially when a website sells for $250,000 like ReTweet.com did, what you can learn from these website sales is what is truly interesting. These sales provide a wealth of information not only for website flippers but for Internet Marketers as well. The top sellers are blueprints of success!

To read these “blueprints,” you’ll have to reverse engineer the sales, which is incredibly easy to do given how I’ve laid everything out in the individual past website sales pages. For starters, the tables will show you when the websites were established, the number of unique visitors they got, and most importantly, how much revenue they generated. You’ll also see brief notes as to what niche the websites were in and how they were monetized.

Then you can click through to the actual auction listings to learn more about the websites. You’ll discover specifically how the websites were monetized and what sorts of things the previous owners did to promote them. To gain more insight, you should visit the websites themselves to see how they are designed, organized, and generally structured. All of this information will be helpful in learning how to either improve an existing website or how to build one successfully from scratch.

Finally, if you are improving an existing website or building one that is in the same niche as a website listed as a top seller, you’ll want to check the backlinks to the website. By doing this, you’ll be able to determine how many backlinks to get – and where to get them from – so that your website can have as much success as the top seller.

Learn from history and let the past website sales guide you to future website flipping success!

{ 4 comments… read them below or add one }

1 Al Online May 13, 2010 at 2:07 AM

Wow, this info is going to be very useful to site flippers & Internet Marketers. There’s a lot of juicy secrets in those listings :)

Thanks for taking the time to pointing them out!

Al

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2 Mike Roosa May 12, 2010 at 9:02 PM

I’ve actually got a post scheduled for tomorrow morning on my site about this exact same thing. I just sold my first site on Flippa and I didn’t do as well as I hoped, but I go into an in depth analysis on what I learned and what I will improve next time. I’d love for you to stop by tomorrow and also let me know if you see other mistakes I made.

Thanks. This site is very helpful especially the weekly snapshots, I just wish I would have found it before I started this journey.

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3 Travis May 12, 2010 at 10:10 PM

Mike:

I look forward to your post. I’ll definitely stop by and give you some feedback. Nice blog you have, by the way.

Travis

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4 Mike Roosa May 12, 2010 at 10:35 PM

Thanks Travis. Look forward to some feedback from you tomorrow.

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