Please critique my online business model
I am an offline business owner and salesperson with good capital to invest into profit-generating websites.
I sell web design and SEO and have good knowledge of how to rank sites, gain subscribers, drip feed content/affiliate marketing etc however, I've never made any decent amount of money MYSELF doing this as I always gave up before seeing results.
My plan is to buy websites which are producing revenue already and then add content, improve ranking, design conversions etc then use the profit of that site to scale the operation higher.
As the business gets bigger, my plan is to sell off the initial smaller sites off which will hopefully have appreciated in value to buy more expensive sites that produce a higher revenue.
The strategy is to continuously scale up the amount of websites and selling them to get more sites. Instead of having 1000 sites producing $300 each, the end goal of this strategy is to have 100 sites producing $3,000 each.
Are there any companies which do this? Are there any case studies? What do you think of this model?
you cant hold no groove if you ain't got no pocket.
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