Make Money Flipping Websites
Website Flipping is the hottest money making opportunity online. Website flipping means buying and selling websites. Many Internet Entrepreneurs also build a profitable website business out of scratch and later on sell it for a great profit. This article is all about how you can make money by flipping websites.
Contents
Steps
- Choose your Niche: First of all find out your passion and choose your niche about which you are passionate to write all the day.
- Buy a Domain Name. Once you choose a Niche, buy a Domain name from GoDaddy.com. Be careful in selecting a domain name. It is good if your domain name contains some kind of highly searched key phrase in it.
- Buy a Web Host Plan. Choose a good web hosting plan for your website business and link your domain name with the web host.
- Install a wordpress theme or a website template on your host. Now, your website is ready to make money.
- Put Google AdSense code on your website or an affiliate link from Clickbank, Amazon affiliates or Commission Junction.
- Start posting unique, quality and information rich content on your website. The content should be written in such a manner that it should add some kind of value in the life of your target market.
- Do SEO and social media marketing for your website to drive more web traffic. Also use Twitter, Facebook and YouTube to market your website very well.
- Highly Targeted Web Traffic + A Product means Sales and sales means money. Once your website starts making good amount of income every month from AdSense or Affiliate sales, it's time to sell your website.
- The highest bidder will be the new owner of your web property. Finalize the deal and accept the payment from the buyer.
- Transfer your Domain name in the name of the buyer. The buyer will take a control over your website. You are Done.
Tips
- Always start the minimum bid at fairly low price. Many website flippers start the minimum bid from $ 1 only. It's really a good idea to involve everyone in the bidding process.
- Put BIN (Buy Instantly Now) price fairly high so that the highly interested buyers can buy your website immediately.
- Some website flippers also prefer to find buyers by themselves in their target niches rather than listing their websites for auction. It is quiet possible that you will find a potential buyer by yourself.
Warnings
- Never sell your website to the anonymous buyer. This is because the chances of frauds are the highest in anonymous transactions.