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Buying Complete Sites with Earnings - Is it good or bad

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Posted 3rd October 2014 at 06:59 AM by Ross Dalangin

One warrior here is asking if it's good to buy a website that earn $50 per month.

Buying sites with earnings is sometimes tricky and he is interested on buying a site that earns only $50 per month so here's my answer:

--beginning of my answer --

$50 per month income for how much? I am asking here how much you can invest on your own blog and not to buy that site. Don't fall on just buying but teach yourself on how to generate ideas on how to multiple your source of income.

Plan ahead.

For sure there's need some effort to maintain the site that you're planning to buy. Why they are selling it? How much is their maintenance to run that site that earn only $50 per month?

I'll show an example of a good way to monetize a blog. It would cost you something at first but on the next few months, I can say you can earn. You'll just have to research, plan, outsource and act fast.

Look at these steps as an example:

1. Buy a domain (usually less than $3 when you have a coupon to use.
2. Get a hosting which usually can get $1 on the first month at hostgator.
3. Put up your blog using profitable niches. Let say for example "MMO". Many said to stay away from it but I don't.
4. Create a review site.
5. Review upcoming products on JVzoo and WarriorPlus. Of course you'll need to buy it or ask the product creator if he can give you a review copy.
6. Build a list. Get autoresponder which usually you can get for free on the first month or if your list is less than 500.
7. Let someone create articles for you using iwriter or fiverr so you can use it to guest post to high traffic sites. On your signature, put a link to your review site.
8. On creating a review, focus on all the benefits for potential customers. Make an honest review so that the product creator will update his product for the better.
9. Check the reviews from other buyers because you might miss something very important to put on your review.
10. Create an optin form to let the visitors subscribe on your honest reviews.
11. Send them every review, either the product is good or bad. Make a rating of each review.
12. Order quality backlinks at fiverr for $5 twice a month.

Most products out there are giving out 50 to 100% commission.

Scenario 1: When the potential buyers find your review so honest, they might buy from other products that you've reviewed. They might also subscribe to your list so you can send them reviews regularly.

Scenario 2: When you have so many good guest posts to high traffic sites, you can get visitors to potentially buy from your affiliate links. This would also make your site pagerank higher because you can get baclinks from authority sites.

Scenario 3: When you have backlinks from authority sites that you get from your order at fiverr and your regular blog guest postings, you can get regular traffic too.

Scenario 4: When you have a good quality review sites, more product owners would want you to review their products for free.

Scenario 5: You can earn more when you have high ranking review site or blog if you review some products or services at reviewme.com or any other similar sites. Some people are even paying $100 and up when a high page rank website owner review their product which means you can earn $100 or more per review in the future.

--end of answer --

Actually, I want to say him to focus on ideas but rather saying that, I gave an example of a good idea to generate more than he is expecting. I am hoping he would learn on the process that idea is what makes him earn more in the future.
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