How to make money online from Website Flipping
There are many ways to make money online. You can make money online from affiliate marketing, providing services or selling goods on the Internet. Speaking of selling goods or properties online, one potentially profitable business activity is developing and selling websites on the Internet. Just like the development of real properties (e.g., land and building), website development and selling can give you substantial income if done properly. In the online parlance, it is called website flipping. As it may sounds simple, it involves the development of a website and then selling it for profit. If you have the capital or a bigger budget, you can buy running websites rather than develop from scratch – then sell it for profit.
To start from site flipping, you need to be creative and speculative. Based on my experience, the following are some of the important features of a website that attracts buyers.
Profitability
Most buyers buy a website to make profit, although there are few who buy it for personal use. If you want to sell a website at a good selling price, your website should have a good profit history. Meaning, it should be earning and generating profit. It’s maybe the first thing that a buyer or web investor looks for a website to buy.
Popularity and traffic
Aside from profit, buyers also take a look if a website is popular and receive traffic. Traffic converts to leads, sales and profit. A good website has good traffic. Good traffic are organic and not paid traffic.
Price
Selling something involves marketing, and one important element of marketing is “price”. If you want to make a successful website sale, you should assure to offer the most reasonable price. Remember that an overly priced web property will drive buyers away.
Quality
The quality of a website signifies its current as well as potential traffic and income. Some websites, because of lack of extensive search engine optimization (SEO) and maximization of profit, are not currently receiving tons of visitors and earning substantial profit. However, some web entrepreneurs invest on this type of websites because of their quality and what they can do on them in the future in terms of profit.
Support
Website flipping, once the sale happens, involves the transfer of the website and its domain to the new owner. This process includes the transfer of the website contents and files to a new web host; or the domain to a new registrar. The process also consists of assisting the new owner in running the website during the early stage of his ownership. All of these are important things that a website seller should offer to buyers.
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Thanks for those tips. I’m just getting into affiliate marketing and am trying to gain every bit of information I can to be successful.
Till then,
Jean
i was wondering for some new information while surfing the web, then i came across your post and found very interesting, thanks for sharing this. keep posting…..
If that's my business. It's better for me to let go a developed website, than to let go an infant site – which still needs my nurturing.
Great post and I really enjoyed your article. I am thinking to enter the business of flipping websites and you have given me a headstart and some really great pointers to be taken into account.
I am still working on traffic, but im sure my website will get more hits (hopefully
) But, Great advice on the quality of the website, I'm sure i can work on that!
I found this article very interesting! There were some good tips and tricks in here that I haven't even thought of
Everybody knows that a critical aspect of SEO is inbound links. Perhaps the first group of people to realize this were the bloggers. They quickly developed lists of where you could submit your blog on the Internet and grow your backlink count.
Very Nice Information !!!
Do give it a try and let me know the results at your comfort. I recently sold my friends blog which was created on blogger platform with some 2-3 ordinary articles. The only main thing which attracted the buyer to buy is the domain name and nothing more than that. It went for a $40 price.
This is spot on and something I advocate in web flipping…flip a blog! If your blog is objective, in a good niche, good traffic there is a lot of value to it. Especially in light of what wordpress has to offer in terms of plug-ins and other soft ware. With wordpress a blog does not even have to look like a blog.
Flipping works well for established sites because people are essentially buying what they can’t achieve quickly: site age. Once a site is indexed, all the rankings and PR move with the site when it’s transferred to the new owner.
Personally I am not into site flipping. If I have a profitable website I would rather keep it for myself to make more money in the long run. If you know what you're doing I'm sure you could make a lot of money though. I would like to give it a try once my other websites are bringing in enough money.
An online business can provide you with many freedoms a normal day job wont. For one, you can work from anywhere you please. Two, you are your own boss. And three…two words…residual income!
Website can be profitable if you know the right methods. I’ve seen many people on warrior forums, that set up a niche website and post a few unique articles and then sell it on for between $100 and $150.
I’ve actually did create one mini site before related to a printer, just testing out an arbitrage method with adsense and affiliate links.
Ya, I now that cost is hardly less for many people. But it’s actually sufficient amount for people who are residing in India because that amount converts to a nice amount in our currency.
you absolutely can still make money flipping websites. I did it for a long time until I got to a point where I had several successful websites so that I did not need to do it anymore.
You can get higher returns, but the time and resource requirements for development, mtaintenance and marketing can make it a bigger bet.
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I need some advice on my relationship of 8 months. my girlfriend has been on a swinger's website.
Good point. You can use this for supplemental income. Then when you get a website you think will do very well, you can keep it for yourself for long term income.
If you know what you're doing I'm sure you could make a lot of money though. I would like to give it a try once my other websites are bringing in enough money. …
Website flipping is something I've always wanted to do but I have never really had the free clash flow to do it. Maybe one of these days when I have enough money, I will definitely get my hands on a website with full intent of turning it around and making it profitable!
Till then,
Jean
interesting post, been reading about flipping houses, but never thought you could flip websites. will look into it.
A very useful post. This is the first time i’ve heard about flipping mini niche site and thank you so much for sharing such brilliant ideas. I’ll try this some time.
I'm 15 and too young to get a job in plus no one's hiring. I tried to do surveys online, but they were for 18 and older. How can I make online money without paying and trying to sell stuff?
Operate almost any type of website from web design, forum, blog, travel, wedding, money, directory, to video sharing site. Anything that you can build, it can sell. Thats the best part about website flipping for money!