Flippa is an online company that sells websites to individuals and businesses alike and they just so happen to be number 1 in the business. Just a few weeks ago they made over $500,000 in sales for the seven day period which brought their overall sales worth to just below $64 million. While so many other businesses are falling apart and suffering financially, Flippa is flourishing and bringing in great revenue.Here’s some additional information about the recent sale that boosted their overall revenue:
The $558,582 in sales came from a total of 6,734 bids and company still boasts a sales rate of 58% over the last three months which is pretty darn impressive if you ask me. Some of the top sales this month include:
TwitrBackgrounds.com – $110,000
Ultimate-Tattoo-Bible.com – $80,000
iAutoBlog.com – $55,000
MassCops.com – $30,000
Of course this sale was open for the public to see, but what many people are unaware of is that Flippa holds private auctions where they bring in even more money for the company.
Companies that sell domain names are prevalent in today’s time and can bring in quite the income from the good domain names they are able to sell. However the above domain names that sold for Flippa, on their own would not have been worth near the amount they sold for, maybe for a few thousand at best. But paired with the Flippa company which brings together business traffic and its success as a company, these simple domain names are turned into five and six figure prospects.
Since it is the end of the year it is expected that Flippa will continue to do well and bring in an even bigger revenue than in months past since businesses will want to buy before the end of 2011 and have a fresh start for 2012.
Source: http://www.sitetrail.com/2011/11/27/flippa-sold-64-million-worth-of-websites-to-date/