Is flipping sites worth it?

The issue of flipping website as a business is different from coming into it as an income opportunity...

Building and flipping sites is worth it in all ramification...

Domain, blog and website flipping is a good business model...

All old sites where started as new sites at one pint or the other...

What you need here is understanding the fundamentals which includes among others as:

1. Being able to register domain names... It will surprise you that some IM do not know how to register domain.

2. being able to register domains that has greate qualities with hungry buyers waiting.

3. being able to own and set up your own hosting account

4. Being able to build sites with turnkey software, easiest being a blog with wrodpress

5. Being able to write fresh content in time in a particular niche

6. Laziness in continuous writing of articles instead of copying from somewhere

7. Understanding the real fundamental of where to sell your site/blog/domains

8. Pricing of your blog, domain or sites

9. Being able to technically backup and transfer site content and domain from your host to your buyer's own..

And a host of others.

Flipping is worth it and there is big money here. But you must work and understand how it works..

Man, that is a GREAT idea! I'll have to compile all my previous buyers' emails and put them on a list. This should get me repeat buyers.

As far as the question, YES. I made $203 this week alone with it and $528 total for January (this is profit). Not bad, considering I made just as much in my first year online. But when you do treat it like a REAL business (say, working 8-10 hours a day), it will pay dividends.

For the remainder of 2009, I'm working a bit harder on my sites. I don't wanna go into details, I'm simply just gonna do it.

It's well worth flipping sites.
The key is to flip something that is making a profit.

So instead of just creating a site, and then immediately trying to sell it, do this: Create the site, and get it earning a couple hundred dollars per month in profit - then flip it.

The main reason I (a site flipper of course) used GoDaddy and Name.com is because they offer cheap .com domains. I used namecheap from time to time too.

Plus, a combination of GoDaddy + Hostgator will make sure the domain name propagates quickly and I can build the site right away.

Hi GeorgeR,

This is a normal misconception and some of the emails that I received every week often discussed on this topics:

"How is it possible to sell new blogs?"

Maybe the best way to explain to you about this is telling you who our buyers are. Most of my buyers in my list consisted of:

- REALLY REALLY good internet marketers. (this fellow knows SEO from head to toe, has huge email list but never really expose their names like Joel Comm etc. etc.)

- Affiliate marketers.

- Newbies.

- People who got laid off from their jobs.

- Stay at home moms.

- Young kiddos.

- Site flippers.

Honestly, the main reason why sitepoint is saturated with bids is because everyone is selling the same thing with the same objective.

But when you consider hosting, domain registration (hopefully you can pick the right one 100% of the time), auction fees (payable whether you sell or not), and time...

$49 don't seem like too much.

Even at $490 a day gross income (unlikely, cuz they won't all sell, by the way...), and after taxes and expenses...

Hardly a 'fortune" in most "first world" countries.

The "build a blog today-sell tomorrow" concept is highly flawed.

I'd like to offer my .02 here.

First of all, the people trying to make a quick buck flipping aren't going to be able to do it long. There are too many others that are trying the same thing.

However, if you are willing to actually spend the time to do keyword research, select the right products, and carefully layout your blog and create unique content, then you should be able to sell the site.

I would never sell a site for under 75 bucks, and even that is low. I can make that much letting it sit for a few months.

If you really want to flip a site in a short time, then you have to make the right decisions across the board. It isn't hard, but luckily it is hard enough to keep the quitters out of the way.

Dito.

Look, here's my opinion on this.

Treat this as a business. You are providing "packages" to buyers that "makes them money" when they market it properly. It's a ready, plug'n play kind of package - just get on your server and ready to go.

Now, You may make one sale, or two but you won't have recurring buyers if you don't provide value to your prospect buyers. Most people who pick those startup packages up from there are Internet Marketers or complete rookies, as far as my knowledge and experience goes. You deliver them packages that makes them money when they promote it properly, and in the process you make decent profits.

How does a one day old blog sell for good profits?

1) Customized theme/ graphics.
2) Good quality articles.
3) Good domain name..

Many, and I mean way too many, people are trying to plain rip-off others who have a successful flip run. Like the whole auction copy, flip model is ripped off and they still do not make any profits - not because there is a flaw with the model, but mostly because they want the easy way.

This is not an easy way, let alone the easiest, to make money online. As any other thing, you have to put in some work there. With experience, you'll develop a good blend of quality and quantity of work. I'll just make myself more clear with an example: Suppose you grab a premium theme, 15 unique well written articles, customized graphics, PLR eBook attached and sell it for $300. Your premium theme + customized graphics would have cost around $100. Reduce that cost, and add a completely unique wordpress theme. Normally would cost around $200 and you increase the perceived value in the mind of a prospect buyer. You can make $100 more in profits.. and that was just an example. :-)

So, the concept is flawed? No. If you tweak the system, and deliver what the market wants - you'll sell it, no matter what.

One more mistake that way too many people committ is being in a hurry to sell the website. I've committed the same mistake myself in the past. You may always re-list it if it doesn't sell for the first time.

============================================

There are some people who have build a name out there, and their name speaks for quality. That is why people buy stuff from them. When they fail to deliver what the market wants, the market won't respond very well.

Everyone's after money - they want profits from what they buy. If your product gives profits after putting in the right efforts, they'll buy from you.

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I've been more involved in flipping blogs and websites, membership based specially when they are around a month old. I've also flipped many startup blogs (1 dayers ) for $300~. And all from my experience, it is worth it.

It is worth it if you're willing to organize everything to save a lot of time and stuff. Basically, if you are selling wordpress blogs, you may keep a simple folder on your hard drive with all the plugins and themes etc.. and just upload'em to the server when you work on a new project. Create a new folder for each of your project, and just zip the folder when the auction is won. Saves collecting all files from here and there.. many such things can be done to ensure you take lesser time for each flip.

That was just an example.. that you can minimize the time factor here.

You may start with low cost websites, your profits might be low at first - but when you build a credibility among buyers, when they know your packages are well worth the price - they'll pay for it. You just gotta prove that. :-)

All in all, I'd recommend you to go try it. There's not much to lose after all, just around 1 day of work and a few bucks?

Wasn't for me.. and I'm quite sure it ain't a lot of work for peanuts. Those who get peanuts deserve it, in most cases.


P.S. : Just follow this advice from one gentleman in the thread right from the START.
It's golden. At least it was for me.

This is a MAJOR misconception.

What if I tell you all of my blogs' total cost & set up are less than $30. Would you believe me?

Assuming I maxed my cost per blog to $30 and with the Sitepoint listing fee of $10 -- that's only $40.

If I sell that blog for $79 (most of starting bid), I still make $39 profits -- within an hour. It's the quickest way to generate money IMO.

However, that is only if you know how to flip blogs correctly which angers me that some people just treat blog flipping as "buy and sell" or "build and sell".

Like what Tom said, YOU NEED TO MAKE YOUR WEBSITE SELLS! No point offering some lousy price at $200+ right. Let your sites do the selling if you get what I mean.

Site flipping is definately worth it - not with selling some lame $100 or $200 small site though,which basically has no use whatsoever to any human being seeing it.

Create sites which people will find useful and will be liked.

I've got an established site(making $860/month) on sale at the moment if anybody is interested in buying it or giving his best offer.

You can read the details here: http://www.warriorforum.com/warrior-...portunity.html

Thanks,
Matt

this is what you want to do.

Build up your sites over time, make some profits for yourself, and to show your site earns revenue, then flip it for 10-12x revenue. easy as pie.

outsource articles and schedule them to post every few days and wait for your profits.

I agree, I have wasted hours on there and once I did a bit of due diligence I could find nothing worth buying - it would make more sense for me to just buy a domain and use a wordpress theme to make a decent site in a very short time, then start the real work: add quality content, build and grow the traffic and monetize the site - by which stage I would be unlikely to want to sell it.

Look at it from a buyers point of view (ie: me) I am looking for a good domain name; age; traffic (which would mean some seo work had already been done: decent backlinks, ideally a dmoz/yahoo directory link and other good links etc); quality original content; pr; + I am looking for the potential - can I monetize the site better, can I add more content easily, can I improve the seo, etc to get a return on my investment. If a site ticks all these boxes I can and will pay good money for it - but sites like this are very far and few between.
But I don't create sites to flip and I don't buy sites to flip - I am in it for the long term, but mostly I cannot find the sites I want so I end up creating them myself.