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DeletedUser2
Guest
So this is a big part of my business.
first off, its a process. 5 offers in 48 hrs? are you kidding me? thats not enough.
ok long before I go into active looking mode, I am farming.
that means I tell everyone I know, I go to active conferences of internet marketers, and let people know im a buyer, and that I will pay referral fees.
I plant the idea out there, all the time. and I do it gently. so I don't sound like a walking spam attack.
I developed a process i call 2 sentence marketing.
so even when I start farming, I know it will take anywhere from 1 week to 2 yrs to develop that into a possible lead on a site i can buy.
I also cultivate brokers, and other centers of influence.
I buy in 2 modes.
1. im looking for cash flow that is strategic, and It fits well, with my big picture
2. im looking for the 4 D's
-Death
-Distress
-Divorce
-Debt.
in other words, people in trouble.
1 strategy is for strategic building of a goal
the other is more opportunistic, but can lead to some awesome acquisitions.
I also tend to play a little different level than the 3K or 12K size of site. Im more into the 50K 100K 500K and up size of site. so these types of sites don't usually show up on flippa.
but you need to be planting the idea that your a buyer, that your looking and you have cash, and there is something in it for them if they bring it to me.
I have anywhere from 8-10 sites that I look at per month, as a min. sometimes as much as 20-30. I am pretty quick about the "does it fit in my black box" assessment, and can decide to pursue the deal or kill it quick. That gives me the room to keep the pipeline open
the real trick is, keeping putting deals into the pipeline. then you have a never ending flow of sites to look at.
hope that helps
first off, its a process. 5 offers in 48 hrs? are you kidding me? thats not enough.
ok long before I go into active looking mode, I am farming.
that means I tell everyone I know, I go to active conferences of internet marketers, and let people know im a buyer, and that I will pay referral fees.
I plant the idea out there, all the time. and I do it gently. so I don't sound like a walking spam attack.
I developed a process i call 2 sentence marketing.
so even when I start farming, I know it will take anywhere from 1 week to 2 yrs to develop that into a possible lead on a site i can buy.
I also cultivate brokers, and other centers of influence.
I buy in 2 modes.
1. im looking for cash flow that is strategic, and It fits well, with my big picture
2. im looking for the 4 D's
-Death
-Distress
-Divorce
-Debt.
in other words, people in trouble.
1 strategy is for strategic building of a goal
the other is more opportunistic, but can lead to some awesome acquisitions.
I also tend to play a little different level than the 3K or 12K size of site. Im more into the 50K 100K 500K and up size of site. so these types of sites don't usually show up on flippa.
but you need to be planting the idea that your a buyer, that your looking and you have cash, and there is something in it for them if they bring it to me.
I have anywhere from 8-10 sites that I look at per month, as a min. sometimes as much as 20-30. I am pretty quick about the "does it fit in my black box" assessment, and can decide to pursue the deal or kill it quick. That gives me the room to keep the pipeline open
the real trick is, keeping putting deals into the pipeline. then you have a never ending flow of sites to look at.
hope that helps