• Flippa argues why and how they've improved their marketplace

    OLechat has this covered but just to be clear, our interests remain very much on encouraging more sellers to list at Flippa. We don't apologise for that and the degree to which contributors on this forum place bids against some of these listings indicates that this is of value - arguably the core function of any marketplace.

    I'm also going to come out and say that Luke blazed trails in getting the marketplate to where it is today and, as much as threads here regularly rake up events from almost two years ago, there are many buyers from this time who remain active today.

    To this extent, I cannot agree that the platform is biased towards either party. The release of the website buyer guide, the new faceted search, verified google analytics, the clamp down on sellers claiming potential revenue as actuals, the inability of sellers to add ANY revenue on websites less than 2 months old, the introduction of quality feedback, highlighting of possible shill bids on auctions, highlighting possibly linked accounts etc can hardly be described as pro-seller ... and this doesn't include a swathe of process and technical changes we've made behind the scenes. In fact, much of the feedback we get from sellers is that we're too much in favour of buyers! (probably a good sign we have some degree of balance). Either way, we have more buyer and seller initiatives in the pipeline.

    Truth be told, sellers will continue to come to Flippa so long as we continue to attract quality buyers to their listings. Sellers are typically not especially discerning so long as their websites sell. Attracting quality buyers, on the other hand, can be more challenging and is not in any way facilitated by the near-sightedness we're regularly accused of. Attracting a buyer who ends up buying a low value site and being unhappy with the outcome is not a desired result - especially compared to a buyer who buys a site, is thrilled with the results and comes back for more. We're in this for the long haul and the milestones we're clocking each week, including buyer satisfaction and repeat purchase stats, means we're doing something right (and that buyers, seller and Flippa interests are more aligned than being suggested above).

    We sincerely value the thoughts and opinions of most contributors on EP but there seems little point in focussing so heavily on events of two years ago even though so much has happened since. By all means unleash the hounds on what we're doing now (or have done recently) ... at least it gives us something we can work with.

    PS - just to preempt the question: we still don't have any plans immediate plans to become prescriptive with what websites can or cannot list ... or provide real-time 24/7 support ;-)
    This article was originally published in forum thread: Honesty is the Best Policy at Flippa? started by benitez17 View original post