How To Make Money Online By Flipping Websites
I’d like to introduce you to a new method to make money online. This method is generally overlooked by beginners because it seems too complicated. This couldn’t be more wrong! Making money online by flipping websites is totally do-able if you have the right tools and the right method to do it.
Flipping Websites: Is That Some Kind Of Voodoo?
For those who are not yet familiar with flipping, here is the definition taken directly from Wikipedia:
Flipping is a term used primarily in the United States to describe purchasing a revenue-generating asset and quickly reselling (or “flipping”) it for profit. Though flipping can apply to any asset, the term is most often applied to real estate and initial public offerings.
To sum it up and adapt it to domain flipping, we could say that domain flipping is a two-step process: buying a domain name then reselling it for more money. While domain flipping can be a pretty lucrative activity, website flipping is a little bit more complicated. Don’t be scared, it is still not rocket science, and the good thing is that every noob can do it with the info I’m going to share in this 1600 words’ long post.
While a lot of people are starting online by creating a website from scratch, buying an already established website could save you months if not years of work by not having to go through all the tedious work involved with the launch of a fresh website.
Moreover, if you are interested by challenging environments and novelty, flipping websites is an always renewed activity.
Flipping Websites: Where To Start?
The very first step that needs to be achieved to start your journey in the world of website flipping is to be able to analyze when a website needs to be sold.
It could be because the topic is currently hot and will soon dry off. In that case you certainly want to sell before the trends moves to something else.
A website could also need to be sold if someone has too many different projects and he’s unable to dedicate the needed amount of time to the projects which truly matters to him.
A third very simple reason that might push someone to sell a website is simply the lost of interest into its subject. In that case it’s probably better to cash in and let someone who’s passionate manage the website.
Flipping Websites: The First Step
Of course, before having a website to sell, you need to have a website. (yeah I know this may sound stupid, but it’s always safer to say even the simplest things).
The most common way to have a website to sell is to develop it from scratch by buying a domain name, building a website around the topic and developing it by yourself until it gets enough traffic, links and authority. This is the cheapest way to have a website to sell, but it’s certainly the way that will take you the most time. (Building a website, getting it indexed, building links, keeping it alive, building a readership… All of these steps could literally take years).
If you decide to go that way, let me be clear: it won’t work in every niche. You need to pick a niche with huge potential traffic and monetization opportunities. I have already developed monetization methods for websites in other posts of this blog so I won’t go into too many details, but you should think Adsense, Affiliation, Direct Advertisers, Donations or Paid Content.
Flipping Websites: First Step Alternative
If you are not a patient person (and God knows that I am not patient), there is a second opportunity for you. It will take more research beforehand, but if you’re not interested to build a website from thin air, you should definitely follow this route and you will still be able to make money by reselling websites.
The whole idea is to find a website that was developed by someone else and is receiving a good chunk of traffic, preferably from Search Engines. You can find these websites by searching into indexes of websites for sale (Flippa for example). You will also need to do some keyword research to reveal the niches and keywords which have some potential (hidden or not) and decent popularity. You need to find sites which have the ability to pull in some traffic on a regular basis.
Flipping Websites, Second Step: Development
One of the secrets here is that building a successful website is not as simple as picking a decent domain name, feeding the website with a couple articles, filling it with advertisement and waiting for the money to pile up. Building a website takes a lot of effort and time (especially in the beginning). A lot of people fail to realize this and simply give up before the money comes in even though they have huge potential.
Once again, you have two possibilities: finding your future website in a directory of Websites for sale, or simply find a badly monetized website by doing some keyword research. If you find a website this way and make a decent offer to the owner, there is a good chance that he will accept the offer, too excited by unexpected money coming his way, and not realizing the true potential of his website. After a couple months of developing your newly acquired website and starting making more money, the next step is to sell it.
Flipping Websites, Third Step: Selling
Regarding the selling part of the process, there is an important number of websites and forums that are either totally or partially dedicated to website flipping. The good thing is that, depending of the monthly income of your website, you can make from a couple hundred dollars to a couple thousand dollars or even more by flipping a single site!
Flipping Websites, Then What?
After you’ve gone through the whole process the first time, it’s just a matter of repeating the same steps over and over again, and hopefully, you will have learned a lot from your first experience and you will be able to buy lower, develop faster, and sell higher each and every time. Once you get experienced enough, you can even flip several websites at the same time.
Flipping Websites: I’m Interested But It’s Not Yet 100% Clear
I must admit that this post, as long as it is, doesn’t develop every single aspect of website flipping. But today is your lucky day! My fellow Make Money Online blogger Zac Johnson recently released a product called: “Flip This Web Site: How to Buy, Improve and Sell Web Sites on Flippa“.
To be 100% honest with you, flipping websites is certainly the hot way to make money online. The problem, when you are researching this method, is that you will find a huge number of people explaining you the theory behind it but no one who is actually showing you how they are making money flipping websites and taking you through a step by step process to give the proper value to your property and how to find websites with potential to bring you a good ROI.
You may be wondering who is Zac Johnson. He is one of the biggest Make Money Online blogger and he has been generating money online through various methods for more than a decade. One of his main activities is flipping websites and he made a ton of cash out of it. Zac is actually so knowledgeable on this subject that he decided to publish a book to explain step by step how he is making bank with website flipping.
One of the things I appreciated when reading Zac’s book is that he gives a lot of explanation for the little guys who are just starting to make money online and do not have huge amounts of money to invest. He clearly explains how to build your way up as a newbie and how to spot a safe bet.
Flipping websites has a lot of potential for newcomers because the market is totally under-evaluated. People think that there are only a few good opportunities. If you think so, you couldn’t be more wrong: Flippa, the leading website for site sales manages an average of 2 million dollars in gross sales per week! (Over one hundred million dollar per year!)
These days, you’ll see an always-increasing number of people promising you methods to get rich overnight. Zac is not selling you a Magic Bullet. His guide, which is one of the best “how to” ways to really make money online, will walk you through how to truly do it right and build a flourishing business by flipping websites.
To summarize, Flip This Web Site is made of 150+ pages filled with top-notch content, six videos to walk you through the various steps of the process, a mini niche website guide, tons of great Case Studies (such as “Viral Web Site Auction earning $60 a month – sold for over $8000 over 100x monthly earnings” or “Resource Sites Make Good Money – How a zero budget resource site making less than $2,000 a month sold for over $76,000“), interviews and some other bonuses.
If you are serious about making money online, this is an offer you can’t miss! Moreover, for a limited time Zac has this book priced at only $67. Grab your copy of “Flip This Web Site: How to Buy, Improve and Sell Web Sites on Flippa” Now!
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