Online music service ZippyTune.com sells for $20,100 on Flippa! Don’t miss this exclusive interview with the new owner.

Today we sit down with Angelo Todesco, the new owner of online music service ZippyTune.com, which he purchased at auction on Flippa for $20,100 in February. Angelo tells us how Zippy Tune was started, what he plans to do with the site, and why he thought this web business had untapped potential!

Tell us about your background as web entrepreneur

I started working on websites at the age of 17. In college, I had the opportunity to work for several website development agencies which helped me continue to fine-tune my knowledge of this industry. After finishing college, I decided to start my own company, Gelsco Ltd, so that I could turn my passion of web development into a career. Since then I have written code for and managed a wide range of sites.

What brought you to Flippa?

I actually found Flippa by chance about 6 months ago after clicking an online ad that directed me to the site. After discovering that people on Flippa were buying and selling websites, domain names, and mobile apps I knew I wanted to participate. I started out by purchasing an established iOS app before moving to established website acquisitions. All in all, the Flippa platform is without a doubt the best in the business.

Tell us about ZippyTune.com what is the site about? How did it get started?

ZippyTune.com is an online music service in which people can listen to and share music. An Australian web developer created the site so he could share personal music with his friends. It spread really quickly from there, and as the service became more and more popular outside of his group of friends, it was eventually released worldwide.

What motivated you to place a bid?

I think the fact that there was plenty of room for improvement really motivated me to buy the site. By making a number of improvements I think I can easily increase the value. Other than that, I also really like the business model. The site is being monetized in several different ways including advertising and the sale of premium account subscriptions and these multiple untapped revenue streams will help fund our growth.

What are your plans for Zippy Tune moving forward?

We’ve already got a huge community of artists and music lovers who use the site, and I’m excited to continue to grow that community. To achieve that growth I’ll be putting into play a number of plans. First, I’ve been working on a brand new layout that I hope will improve the user experience. Next, I plan on turning Zippy Tune into a fully responsive website. Next, I’m going to introduce a “Rewards Store” where users will be able to convert download points into gifts. I’ll also be releasing a Zippy Tune app for iOS and Android devices. Finally, I’ll be ramping up the marketing efforts and advertising the site heavily via AdWords and Facebook. The short-term goal is to increase the number of active users from 175,000 to 200,000 in two months time. The long-term goal is to become the premiere online music community.

Any advice for other web entrepreneurs looking buy websites on Flippa?

My advice would be to have patience. It can take time to find a quality site that fits with what you’re seeking, but it is important to check regularly and wait for the right opportunity. The best place to look on Flippa is Editors’ Choice. Most of the high-quality sites end up being listed there. If you have access, you should also check out Deal Flow regularly.