A REAL TIME VALUATION FOR YOUR ONLINE BUSINESS
Flippa is the #1 marketplace to buy and sell websites, online stores, and digital properties, and is uniquely positioned to provide a real-time valuation for your online business.
The Flippa Online Business Valuation Plugin automatically generates key sales metrics, and takes other critical inputs about your online business, and benchmarks your online store against past sales made on the Flippa marketplace to arrive at a valuation range for your online business.
KEY VALUATION METRICS
The Flippa Online Business Valuation Plugin communicates with Flippa’s proprietary online business valuation algorithm (via the Flippa API), taking into account your business model, business age, traffic levels, monthly expenses, plus live sales data generated in real time from your online store, such as…
- Average Monthly Revenue
- Total Products
- Orders per month
- Average Order Value
- Growth rate
Using these key metrics and Flippa’s extensive sales data, the Flippa Online Business Valuation Plugin generates a real-time valuation for your online business.
MAXIMIZE YOUR BUSINESS VALUATION
Your online business is constantly changing and evolving, and every business goes through various stages of growth. With the Flippa Online Business Valuation Plugin installed, you can get an updated valuation at any time, at the click of a button.
Use the valuation data provided by Flippa to list your online business for sale, when the time is right, or simply to continue optimizing your online business to maximize your future valuation.
Flippa is the #1 marketplace in the world to buy and sell websites, online stores, and digital properties. With over 1.5 million active users, 10 million monthly “buyer” searches and a new buyer joining every minute, Flippa powers a micro economy of entrepreneurs, investors and business owners buying and selling digital businesses.
Flippa Valuation API
The Flippa Online Business Valuation Plugin communicates with the Flippa Valuation API, a proprietary external service owned and developed by Flippa. The Flippa Valuation API takes information about your online store, including business model, business age, traffic levels, monthly expenses, monthly revenue, total products, orders per month, average order value, and growth rate, and returns a valuation range for your business by benchmarking the key metrics for your online store against thousands of past sales made on the Flippa.com marketplace.
How Flippa Uses Your Data
- PHP version 5.6.4 or greater (PHP 7.0 or greater is recommended)
- MySQL version 5.0 or greater (MySQL 5.6 or greater is recommended)
- WooCommerce verson 3.0.7 or greater
- Login to your WordPress admin panel and click on Plugins > “Add New”
- Search for the “Flippa Online Business Valuation Plugin” and select the “Install Now” option. A new menu item will appear named “Flippa”.
- When you select “Flippa” from your WordPress admin panel you will enter the Flippa Online Valuation Plugin.
In case you want to manually install the plugin all you have to do is to unpack the plugin package and upload it to your webserver via FTP. You can find more detailed instructions on how to do this here
Whenever there’s a new version of the plugin available, you’ll see a notification in your WordPress admin panel and you can automatically update it by following the link in notification.
As with all other plugin updates, it is a good idea to backup your site first, just in case something unexpected goes wrong.
Can I get multiple valuations using the Flippa plugin?
Yes, you can. Once installed the Flippa Online Business Valuation plugin can be used at any time to get an up-to-date valuation for your online business. The Flippa plugin relies on real-time sales data for your online store, benchmarked against historical sales data from the Flippa marketplace, so your valuation is likely to be changing all the time. It pays to keep the plugin installed and check it often.
Do I have to pay for this valuation?
No, the Flippa Online Business Valuation plugin and the valuations you’ll receive from Flippa are totally free, and you can use it as many times as you like.
Can I use the Flippa plugin without registering at Flippa?
Yes, you can use the Flippa Online Business Valuation plugin without being a Flippa member. You just need a WooCommerce store, and the Flippa plugin installed, and you’re up and running. Of course if you do register at Flippa, you can keep an eye on businesses like yours that are selling, and educate yourself about the market, and how to maximize your valuation.
Is the Flippa Valuation accurate?
Yes. Flippa has more historical sales data than anyone else, and is the largest marketplace for buying and selling digital businesses, with over 10 years of sales history. Most of the information we need about your business to calculate your valuation is extracted from your past WooCommerce sales data. However, there are a few extra data points that we’ll need you to provide us with to complete your valuation. If the information you provide is accurate, your valuation will be in the ballpark of what you could expect to sell it for on the Flippa marketplace.
How do I sell my business?
1.0.1 – 2020-06-01
- Adding screenshots
- Adding FAQ section
1.0.2 – 2020-07-16
- Adding responsive adaptation for mobile and tablet screens