New Feature – Advanced Revenue Reporting for Sellers
Posted on March 23rd, 2010 by Luke Moulton
Here’s a new feature, just launched! We’re always looking to help sellers out in providing detailed information for buyers, so sellers now have the ability to enter month by month revenue information for their website’s historic earnings.
When you advertise your website for sale on Flippa, you now have three revenue reporting options:
- Monthly timeline – add month by month historic revenue figures for up to 12 months:
- Historic estimate – enter monthly revenue estimates:
- No revenue and profit claim – if your site has no recorded revenue:
Listings that include detailed revenue figures will get a neat little revenue and net profit line graph in the sidebar:
As illustrated, this will provide buyers with an indication of how the financials are trending, which can be a really good way to find opportunities in the marketplace.
If you have an existing website for sale on Flippa, you can retrospectively add your monthly revenue details by clicking on the link immediately below where the data is displayed, or the Edit Listing link in your Manage Auction panel.
This is another step in helping sellers to be more transparent with their revenue data, which makes their listings more trustworthy and makes it significantly easier for buyers to do their due diligence.
Comments (7)
Comments are closed.
March 23, 2010 - 1:01 pm
Congratulations on bringing this change to the marketplace!
It’s fantastic to see that the age of the domain is linked with the monthly timeline and that it’s mandatory that each month have an entry in its field, whether it be zero or otherwise.
The requirement that each claim should be backed up by an attachment is great to see! A way of linking that somehow to the auction going live would be good. ie Attachment month 1 sales claim – upload acknowledged etc.
Not sure I’m keen on the historical estimates option.
When will we see this same enhancement for traffic stats? I know, forever hungry aren’t I!…sorry.
Oh, and the graphs – awesome!
March 23, 2010 - 2:59 pm
Thank you for making these changes. It will make your marketplace much more reliable and make all of the search features you have implemented much more valuable because they should be based on accurate data.
If you make sure that these rules are followed by sellers, it will give Flippa a real advantage over other marketplaces.
March 24, 2010 - 7:34 am
I fully endorse the excellent move, Luke. Funny how this post isn’t getting comments from the sellers of zero rev sites
who usually can’t wait to comment in every blog post.
But don’t go by the number of comments. This is probably one of the single most important changes made to date that will attract higher quality sites to the marketplace. If you found some way that sites with several years worth of regular earnings can get flagged somehow that would be even better and separate them from the six month old flash in the pans. Taking monthly earnings for the last six years could be cumbersome. Maybe just 2-3 extra Revenue and Profit boxes for previous years.
Even if you don’t implement that, full kudos for the changes added today.
March 25, 2010 - 2:55 am
I’m a seller of ‘zero rev sites’ and I think it’s a fantastic feature for people with developed sites to display earnings!
- Ian
March 26, 2010 - 3:41 am
I second this move. Any and ALL improvements Flippa makes is always a welcome change.
Missy
March 25, 2010 - 2:50 am
Great functionality! This seems like a real easy way to convey earnings! Thanks for not making it complex!
- Ian
March 30, 2010 - 8:11 pm
But don’t go by the number of comments. This is probably one of the single most important changes made to date that will attract higher quality sites to the marketplace. If you found some way that sites with several years worth of regular earnings can get flagged somehow that would be even better and separate them from the six month old flash in the pans. Taking monthly earnings for the last six years could be cumbersome. Maybe just 2-3 extra Revenue and Profit boxes for previous years.
Even if you don’t implement that, full kudos for the changes added today.