It’s weird but I think sometime maybe a year or two ago people stopped using Flippa and domain names in the same sentence. Maybe it has something to do with diminishing quality of inventory, maybe it was the listing costs, or it could also be the limited number of buyers with a serious budget. Whatever it was, Flippa went from being a known player in the domain world to, well, not.
Now when you go to the Flippa website they brand themselves as the #1 marketplace to buy and sell online businesses…and there’s a weird banner add for Hostgator above-the-fold. I don’t think I’ve seen many marketplaces that have a big affiliate ad front and center which probably means they’re trying to find as many ways as possible to monetize at this point.
Taking a look at the domains that are currently for sale on Flippa and there are some pretty weird listings, like this one for a portfolio of 914 domain names with a BIN price of $115,000.
Where’s the facepalm emoji when you need it? This is very likely a portfolio of liabilities, roughly $10,000 in renewals each year for a bunch of domains that someone else couldn’t sell. I could be wrong but if someone thinks that MembersClub.com is a premium domain I can’t imagine what the other premium domains are.
So what happened? Anyone know when Flippa fell off the domain map? I used to be a big fan…now I’m just confused.