Posts Tagged ‘flipping websites’

The Power Of Flipping Sites

Tuesday, May 31st, 2011

Many online marketers today are earning high income from flipping sites. If you are new to this, website flipping simply means the process of creating a website, promoting it and letting it garner enough stats and then eventually selling it. It is just like having an online real estate and you can compare it to people who are into buying and selling of homes where they will buy a house, improve it and then sell the house. Therefore the intention in creating the website in the first place is not to keep it in the long run. The goal is to sell it for a considerable profit after just a few months of maintenance.

The big question probably is how long does it all take before you can put your site up in the market? The answer, it really depends on a lot of things. It depends on how fast you can come up with quality content for your website. It depends on how good you are in promoting it and making it rank well for the targeted keywords. But all in all, it should not take more than 6 months until you can make your site ready for flipping. You can even sell a site for less than that period of time assuming you are already good in flipping a website.

Focusing on a niche is the key to a successful site flipping. Most of the internet marketers today who are on the lookout for their next website usually want a site that is geared to rank good and well in a specific niche. So for this to happen you must workout your site’s search engine optimization from the very beginning, both for the on page and off page. Simply put, do not make it hard for the next owner of your website to make it rank higher or simply to promote it further.

If you are new to flipping sites and you want to learn more, there are a lot of free information about it on the web. You do not actually need to pay a premium to be fully educated in the proper ways and techniques of site flipping. Just follow those who are already successful in this field and imitate them. They are not hard to find. There are forums and free ebooks about flipping that are excellent sources of knowledge.

However if you want to make a good profit margin from your website flipping business, you must put as little expense as possible into it. This includes the web hosting part. Because if you are going to be serious in flipping sites, then naturally you will have more than one website for this purpose. It is therefore ideal that you get your own server, a reseller account for example. This way you can host as many websites as you want for just a little amount of monthly payment. Compare that to having separate hosting accounts for each of your websites and you will understand the great savings difference between these two hosting approaches.

Just like with other successful people in this business, you can gain a good amount of income from flipping sites. All you need is a good understanding of how to promote and rank a website, maintain it for a few months, and then sell it for a handsome profit.

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Learning the Tricks of the Trade When Buying Websites

Tuesday, May 10th, 2011

Many internet entrepreneurs are turning to website flipping for new opportunities. While the basics of turning over virtual real estate are essentially the same as physical real estate (buy low, improve and sell high) the details involved are substantially different. The basic criteria which determine what sites are potentially the most lucrative are simple to understand. When you really break it down, there are three primary categories to cover; what, where and when.

What Sites Are Best For Flipping?

As with most new ventures, you should start your site flipping business small. Short-term sites are your best option here. They have a low initial cost and can be turned around for profit relatively quickly. The one thing that causes some people to ignore short-term sites is that they do not make very much money. The idea is to try for high volume and low profit so that you can get plenty of experience without risking too much of your money. If you spend your entire budget on an expensive site and are unable to turn it around, it could make for a quick end to your new business. If you will discover a domain which is already generating profit or has a flow of traffic, you have a better chance of successfully flipping it.

If you set yourself a budget of about $200 you will have access to a wide array of simple sites. But you may want to avoid anything labeled as a turnkey website. These can be appealing because they are fully built and only require a new owner to “turn the key”. However, the truth is that these websites are often poorly made and not optimized at all. Without the proper experience, you may struggle to turn them around.

Where Should I Buy Sites?

Once you know what to look for, you have to know where to go. Buying websites can be intimidating due to the wide range of places you can buy from. However, there are some places which are significantly better for purchasing than others. You should start off buying from the big, popular websites. This will give you the widest range of sites to choose from so that you can get the best one to match your needs. Flippa is one of the largest marketplaces for site flippers. Places like DigitalPoint and Warriors Forum also offer the opportunity to purchase and sell sites as well as giving you access to a member’s forum where you can learn the tricks of the trade. Not only are these sites important if you’re looking to buy and sell your sites, but they are tremendous resources that you should immerse yourself in before you ever make your first transaction.

While you want to go looking at multiple sites, it isn’t a great idea for inexperienced flippers to shop at non-specialized sites. While places like eBay and Craigslist might offer domains for sale, they aren’t where most experienced users buy and sell their sites. Because of this, they can be an unfortunate haven for people looking to pawn off shoddy websites on the unknowing.

When Would Be the Best Time to Sell a Site?

Knowing when to sell your domain is largely a matter of experience. The entire point of site flipping is to buy a site which is performing poorly or has little visibility and turn it into something that someone wants to own. Once your site is holding steady traffic or turning a decent profit, it’s time to sell. This is all relative to the amount you paid for the site to start with. A good benchmark for a site that has reached its selling point is when it will make back a buyer’s investment within 6 months. That benchmark can also help you determine the selling price, although you will also want to do plenty of research to make sure that your site’s price makes it competitive with similar sites.

You can easily spend hours, maybe days, reading up on flipping virtual real estate. However, the best way to learn is to actually get involved. With cheap, low-risk sites you can get hands-on experience in the industry without risking your money or spending too much time. The hardest part of the business is making that first purchase and getting over the nerves. Once you’ve figured out what you are doing, you’ll understand why so many people have turned to buying websites to supplement or even replace their day job.

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Advantages of Website Flipping

Friday, April 22nd, 2011

Website flipping is the online counterpart of property buy and sell. Buying, developing and selling websites is a favorite online business especially for entrepreneurs who have knowledge of real property renovation and selling. Because the internet has an excellent source of potential websites, flipping websites is an excellent online job and is fast gaining a lot of online enthusiasts.

Online store owners who are also website flippers certainly have a huge advantage on their competitors. Website flippers can take advantage of low performing sites by directing the traffic from there to their product or service sites through advertising or using the email lists. Through this method, additional income can be generated as the flipped website can be used in many ways. Especially if the online entrepreneur is also adept in website promotion or affiliate marketing, the flipped website can be reconstructed to run that way.

An important advice in buying a website is to buy mature sites (at least 12 months old). In this way, you can avoid Google Sandbox which is sort like a probation period implanted on new sites to forbid website spamming. Websites that are sandboxed experienced no ranking on their most important keywords or keyword phrases.

Also in selecting a website to buy, it is advantageous to buy a site which contains popular keywords. Furthermore, websites that have good expectations of popularity in the future are also a must-buy. It is certainly advantageous if the entrepreneur knows the products or keywords that will be most popular in the near future. By buying websites whose keywords are plausible to be well established in the market, the proprietor will have a good headstart against the competition.

In order to be successful in website flipping, knowledge in HTML and graphic software manipulation is important. With these tools, an individual can virtually transform a website into any kind profitable online business site. For the certified beginners who have little or limited skills on these areas, the internet have a huge collection of videos and tutorials as well as a great place to download these tools. Furthermore, web groups and programs concerning website flipping provide assistance to aspiring online entrepreneurs on this online business.

As a conclusion it is important to have a goal in website flipping, it is not good to just buy a website on an impulse without first formulating a plan. Patience, perseverance and insight are good characteristics for successful website flipping.  A good website flipper has the ability to anticipate the final form of the flipped site even before he buys it.

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Tips on Finding and Buying Websites That are Not Publicly Listed

Friday, March 18th, 2011

Visiting marketplaces like Digital Point’s forum and Flippa.com may be the logical first step when setting out to buy a website. But are you aware that in the website flipping business, there’s a way of overtaking all other potential buyers in getting the first shot at a site that you may be interested in? Yes, there is, and that’s by buying websites privately. True, a website that isn’t publicly listed may not really grant you that big of a discount compared to sites you can find in popular marketplaces, but at least you know that you won’t be paying as much as you would if there were 20 other possible buyers looking to acquire that site too.

Say for instance you get a private offer to buy a 5,000-dollar website. While this may still cost you a pretty penny, it may be the lowest price you can find if the site is really worth it. If the owner were to publicly list this site at Flippa.com, other website flippers would also be able to uncover its money making capability, and this could pull the price higher and higher. Even if the site owner were agreeable to peg $5,000 as the Buy It Now price, hundreds of other interested buyers may beat you to actually purchasing it.

Bear in mind though, that one doesn’t receive these types of private offers from just out of the blue. Having a solid network is crucial to opening such possibilities. In website flipping, it’s not only important to know what you’re doing, it’s just as vital to reach out to the right people, site sellers and buyers alike. While learning how to network would call for an entirely separate discussion, there are still some tips you can start with to find these coveted private websites.

First, you start your search the usual way, and that is at dependable marketplaces like Flippa.com. Browse through the listings found there and try to find the following revealing signs that may suggest that a seller has more than one site for sale such as when a seller outright declares this fact in the description, when a seller mentions having “too many sites to handle” as a reason for selling a website, or when it is indicated that the seller is also working on other projects. Regardless of how you pick out a seller who may have more than one site to sell, be certain of that seller’s legitimacy and credibility.  

The moment you find a good seller with one quality site, possibly more, up for sale, it’s time to take the next step, and that is to send the seller a private message. Make the effort to draft a personal message introducing yourself and politely inquiring after other sites he might have available. The message need not be lengthy but you do have to project yourself as a reliable site flipper, and not a spammer.

When you send discreet, personalized messages, there is a 90% chance of the seller replying to your communication. If you’re in luck, he may very well consider selling to you privately, or at the very least, the seller can notify you what type of sites he’s selling so you can add him to your Flippa seller watchlist for timely updates in case he decides to sell another site or two.

Don’t limit yourself to sellers who are selling websites at this time. Use this same strategy even with site owners who were able to sell sites only recently or even those who had unsold sites. This way, you would have access to more sellers and increase chances of being able to buy websites which aren’t publicly listed.

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