So I recently decided to use all of Flippa’s upgrades during a purchase to see how it goes.
I wanted to see what Flippa can do when firing on all cylinders.
I bought the premium listing ($249), the bold/highlight and the newsletter promotion.
So far it has eclipsed all other auctions I have done on Flippa in regards to all key metrics.
I expected as much, as I’ve never put this much promotion into one listing.
As it stands now, with 1 and a half days to go here are the stats:
Auction views: 3421
This seems about right. It’s been featured for 2 weeks, been submitted in the newsletter and been tweeted by Flippa, as well as appearing on the homepage.
Auction watchers: 178
This actually surprised me. I didn’t expect that many people to go ahead and click “watch this auction”. I thought it might be around 90-100, so this exceeded expectations. I hope some of those watchers return on the last day to get their bids in.
Total bids: 61
With a No Reserve auction like this is, bidding starts low and it can mean a high amount of bids with a relatively low price. The auction’s current price is $2050 which is lower than I am hoping for given that the auction is for 204 apps- but I knew when I listed it at $1 No Reserve that anything could happen and I’m more than happy to accept whatever price the market determines this listing is worth.
At the current rate, it’s about $10 for each app so if someone wins it at this price they will almost certainly be able to make massive profits by simply listing the apps individually. Many iOS apps go for hundreds of dollars on Flippa so someone could definitely flip this auction for a tidy profit, if they buy it for under $3k and resell the apps over the course of a month.
The auction ends on Wednesday night at 6pm, US eastern standard time. I will write a full review of the whole auction once it is completed, including the final stats. It’s nice to be blogging on here again!