A Great Plan to Cash In with Your Website

3 years ago

The standard advice when building a business back in the day was to always have an exit strategy in mind. In the online world, a business website should definitely be considered an asset.

Good reminder.

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Profit Traveler

Banned 3 years ago

Originally Posted by Frank Donovan

The standard advice when building a business back in the day was to always have an exit strategy in mind. In the online world, a business website should definitely be considered an asset.

Good reminder.

That is a great point.

Also that is the keyboard button "exit strategy" we are looking for before we even create it sadly.

I remember an "In Living Color" T.V. show sketch with the Wayan Brothers and they were applying for a JOB and once they were told the annual Salary then they said Great! Could they get that in Advance?

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rickeyshirts 3 years ago

Yep, couldn't have said it better.

I usually build a website for long term happy customers, but, i know from experience, whatever we/you/i/internet website owner creates with the right attitude and effort, someone/some investor/ somebody will come by and see the good vibe energy and wanna scoop it up for hundreds of thousands of dollars...

my first ecommerce business within the first 9 months of being launching, had an investor offer $25k (mind you, i was a one-man shop in my one bedroom apartment with my girlfriend)....

build a business that people like and eventually if you don't sell it off, someone will buy it from you.
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rickeyshirts

3 years ago

I'm thinking digital property investment firm....everyone is becoming aware they have to have a website for their personal or professional life. I see a huge wave of the "NEXT BIG THING" coming and it will be based on automation and website presence for users. Even users who are not intersted in having a website will have to have a website.

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Profit Traveler

Banned 3 years ago

Originally Posted by rickeyshirts

I'm thinking digital property investment firm....everyone is becoming aware they have to have a website for their personal or professional life. I see a huge wave of the "NEXT BIG THING" coming and it will be based on automation and website presence for users. Even users who are not intersted in having a website will have to have a website.

Loving your shares my friend high 5.

Amongst other things...

I am going to sleep trying to figure out how to create a meta consumable or must have avatar thingy that goes viral.

Just would be fun to achieve.

Saw the fan-natical lines at Disney over a popcorn holder collectible..stuff like that always gives me an marketing itch.

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pz

3 years ago

Great tips. Have several appealing niche domain names I've let languish that need to redesign and make relevant. I've had offers for one in years past just for the domain name. Was fortunate to grab it over 20 years ago.

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Profit Traveler

Banned 3 years ago

Originally Posted by pz

Great tips. Have several appealing niche domain names I've let languish that need to redesign and make relevant. I've had offers for one in years past just for the domain name. Was fortunate to grab it over 20 years ago.

No doubt about it Domain Assets are like sitting on revenue.

I hopped on some DeFi/blockchain gems and even a few Meta I was shocked were available.

Other people's passions could be huge payoffs.

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TobiMDD

3 years ago

Interesting point of view change. Sometimes it can help to look at things from a possible third party perspective. Thanks for sharing.

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GordonJ

3 years ago

Thanks Profit Traveler, good thoughts.

Although this guy did not do what you suggest, he finally came to his senses in the nick of time for a decent 7 figure payoff. NOW, I suspect he is all about building for the sale.

https://www.failory.com/interview/headlime

GordonJ

Originally Posted by Profit Traveler

The key...

Right off the bat...

Create it for someone else.

Sort of.

Create it with the intention of a future investor making you an offer you can not refuse for it.

Create it to appeal to future investors.

I got an email today from Brian Dean of Backlinko and he was sharing that he just finalized the sell of his "baby"/website to SEMRUSH.

He could not have sounded happier.

He shared that he had gotten several offers over the years but this one was the perfect fit and he had to pull the trigger on it.

I think this strategy would be very useful in creating a profitable website because of course that would be one of the primary appeals to investors along with the ability to scale even further.

So I encourage anyone trying to figure out what to create or what to pivot to for this new year to simply figure out what people are looking for to invest in.

Think like an investor. What would you like to see in place? Do that.

What types of monetization would you like to see if you purchased a website? Do That.

I think this will help you set up your business/brand logically and profitably and it will keep you in the game growing and expanding it knowing there could be a big grand slam payday in the future.

Check out some recently sold authority sites and eComm websites.

Some are selling for staggering amounts for sure.

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writeaway

3 years ago

An EASIER ALTERNATIVE: find a successful site

Reverse engineer it to find sub-niches

Verify the monthly search volume/expected traffic for the subniche

Build a site off easier to rank keywords off your target site

SELL as a starter site on FB groups that pay way more than Flippa

Rinse and repeat

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savidge4

3 years ago

Originally Posted by writeaway

An EASIER ALTERNATIVE: find a successful site

Reverse engineer it to find sub-niches

Verify the monthly search volume/expected traffic for the subniche

Build a site off easier to rank keywords off your target site

SELL as a starter site on FB groups that pay way more than Flippa

Rinse and repeat

Not that there is anything wrong with this approach... but it is rather slam bam thank you ma'am. Selling a site you might have 3 months into - maybe say 500 hours total, and selling it for 2 - $3000 is very short sided, and when you thinnk about it in those terms, you are actually running in the red.

So, what happens if we put the idea on steroids? Put 8 months into the project, have it turn a positive cash flow. Instead of FB Groups or Flippa, you are turning the site over to a Domain broker. The numbers in terms of value, go up considerably.

Probably hands down the BEST e-mail list I am on comes from Andrew Hansen at Digitalworth.com. I just visited his site, and no where do I see how you can join his list, but he has many articles posted on his site on specific niches and some refreshingly in depth information on how to approach working in those niches. I would suggest poking around a bit and maybe contacting him directly to see if you can get on his mailing list.. again year after year - for YEARS now, the hands down BEST e-mail I get.

In my mind, there is a huge difference in flipping and building to sell. Flipping is buying low and doing lipstick and makeup and selling... Building to sell, is actually building VALUE ( AKA Income ) and then selling.

A flipped site might be worth $2000, where as a site thats earning $2000 a month, is worth $100,000 ( in some cases ) $2000 for 3 months work vs $100,000 for 8 months work?

The hardest part in all of this is TRAFFIC right? but once you understand HOW... you can pick ANY niche and replicate developing traffic - over and over and over.

The ONLY WAY you will ever understand the HOW, is to build a site. Look at GordonJ's linked article... where did this guy start? with a site that simply displays lander pages, and got tons of traffic... no Money but tons of traffic.. then what does he do? He goes on an around the world sabbatical of sorts to learn programming to do what? LEVERAGE his ability to obtain traffic, and sell a tool.

In order to make money online...one way or another YOU HAVE to learn how to develop traffic. No matter how you look at this, no traffic no money.

You can build sites and sell them on Flippa or FB all day long, but the VALUE, the BIG money is in selling a site with developed traffic and income flow

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Profit Traveler

Banned 3 years ago

Originally Posted by savidge4

Not that there is anything wrong with this approach... but it is rather slam bam thank you ma'am. Selling a site you might have 3 months into - maybe say 500 hours total, and selling it for 2 - $3000 is very short sided, and when you thinnk about it in those terms, you are actually running in the red.

So, what happens if we put the idea on steroids? Put 8 months into the project, have it turn a positive cash flow. Instead of FB Groups or Flippa, you are turning the site over to a Domain broker. The numbers in terms of value, go up considerably.

Probably hands down the BEST e-mail list I am on comes from Andrew Hansen at Digitalworth.com. I just visited his site, and no where do I see how you can join his list, but he has many articles posted on his site on specific niches and some refreshingly in depth information on how to approach working in those niches. I would suggest poking around a bit and maybe contacting him directly to see if you can get on his mailing list.. again year after year - for YEARS now, the hands down BEST e-mail I get.

In my mind, there is a huge difference in flipping and building to sell. Flipping is buying low and doing lipstick and makeup and selling... Building to sell, is actually building VALUE ( AKA Income ) and then selling.

A flipped site might be worth $2000, where as a site thats earning $2000 a month, is worth $100,000 ( in some cases ) $2000 for 3 months work vs $100,000 for 8 months work?

The hardest part in all of this is TRAFFIC right? but once you understand HOW... you can pick ANY niche and replicate developing traffic - over and over and over.

The ONLY WAY you will ever understand the HOW, is to build a site. Look at GordonJ's linked article... where did this guy start? with a site that simply displays lander pages, and got tons of traffic... no Money but tons of traffic.. then what does he do? He goes on an around the world sabbatical of sorts to learn programming to do what? LEVERAGE his ability to obtain traffic, and sell a tool.

In order to make money online...one way or another YOU HAVE to learn how to develop traffic. No matter how you look at this, no traffic no money.

You can build sites and sell them on Flippa or FB all day long, but the VALUE, the BIG money is in selling a site with developed traffic and income flow

I remember that name. I need to go blow the dust off some old email accounts I used to use.

Just visited the site. The latest post seems to be 2020 but still great content and he does have an exit popup listbuilder I noticed. Probably activates on new visits.

Totally agree with your strategy overview. Some do like to hit it and quit it and or have attention deficit..cough cough...yes that is me.

Something about building fresh on those ideas that pop in your head in the middle of the night.

Would love to just put teams in place for every new idea. One day.

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savidge4

3 years ago

Originally Posted by Profit Traveler

I remember that name. I need to go blow the dust off some old email accounts I used to use.

Just visited the site. The latest post seems to be 2020 but still great content and he does have an exit popup listbuilder I noticed. Probably activates on new visits.

Totally agree with your strategy overview. Some do like to hit it and quit it and or have attention deficit..cough cough...yes that is me.

Something about building fresh on those ideas that pop in your head in the middle of the night.

Would love to just put teams in place for every new idea. One day.

If I may... YOU are a builder... and oh trust me I get it... I love building as well.. its what I do. BUT at some point every builder ends up building their own house. I can sit here and say it should be sooner than later... but I was 20 yrs in before I started building assets for myself.

YOU being a builder... have a system in place, probably use the same theme, the same tools, the same plugins, the same host, the same the same the same. I will more than bet each and every component you use has an affiliate program.

What happens if you BUILD your own house, that documents all of these things... that shares your process, your tips and tricks... showcases your current projects, and the ones you have sold. a 3 month,6 month, and 1 yr where are they now on sold projects.

A website full of testimonials if you will of the foundation you have provided to customer after customer after customer...its not added work per se, its just documenting what it is you are doing, and how you do it. BUILD YOUR HOUSE, and continue building houses for others.

The only thing that changes... YOU now have an asset

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Profit Traveler

Banned 3 years ago

Originally Posted by savidge4

If I may... YOU are a builder... and oh trust me I get it... I love building as well.. its what I do. BUT at some point every builder ends up building their own house. I can sit here and say it should be sooner than later... but I was 20 yrs in before I started building assets for myself.

YOU being a builder... have a system in place, probably use the same theme, the same tools, the same plugins, the same host, the same the same the same. I will more than bet each and every component you use has an affiliate program.

What happens if you BUILD your own house, that documents all of these things... that shares your process, your tips and tricks... showcases your current projects, and the ones you have sold. a 3 month,6 month, and 1 yr where are they now on sold projects.

A website full of testimonials if you will of the foundation you have provided to customer after customer after customer...its not added work per se, its just documenting what it is you are doing, and how you do it. BUILD YOUR HOUSE, and continue building houses for others.

The only thing that changes... YOU now have an asset

Yep Yep great insights buddy.

I have a road map I follow in 2022...the opposite pretty much.

Anything I used to be shy of I embrace anything I thought took too long to set up I am all over it now.

Imagine our first days in internet marketing trying to learn the basics and compare that to a recent news story like this that young people are exposed to...

Kid takes selfies in front of computer every day...."accidentally" makes a $Million from them as NFTs!

https://www.yahoo.com/news/student-a...151446719.html

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savidge4

3 years ago

Originally Posted by Profit Traveler

Yep Yep great insights buddy.

I have a road map I follow in 2022...the opposite pretty much.

Anything I used to be shy of I embrace anything I thought took too long to set up I am all over it now.

Imagine our first days in internet marketing trying to learn the basics and compare that to a recent news story like this that young people are exposed to...

Kid takes selfies in front of computer every day...."accidentally" makes a from them as NFTs!

https://www.yahoo.com/news/student-a...151446719.html

I mean what else can you say but Consistency pays. 5 years of selfies... DANG - joking - wonder how many cameras he broke?

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Profit Traveler Banned 3 years ago

Originally Posted by savidge4

I mean what else can you say but Consistency pays. 5 years of selfies... DANG - joking - wonder how many cameras he broke?

Ohhhh you said it out loud haha.

Hey remember the guy making those commercials about "Hey Vern"!

Ended up with a major Movie Deal.
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Scott Nguyen

3 years ago

Thanks sharing this tips. It will be huge help to my business and my website. Intriguing perspective change. At times it can assist with checking out things from a potential outsider viewpoint. Much obliged for sharing.

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rickeyshirts

3 years ago

It really is about getting the attention of users worldwide, even locally.

With just a little words outloud and dropping a few links to my automateking.com website, I had over 100 visitors in less than 7 days (mind you, its a brand new website and I'm not really focused on it...(long story, other personal things going on)...the point, even a little grows a long ways)

I had another client who is established (bad friend, good bizness owner)...who did not have any active website and I uploaded photos and videos of his products on flickr and less than 24 hours, 2000 visitors and that is without any advertising or backlinking or writing articles...

I sometimes find golden nuggets within the worldwide web and figure out how to provide something useful...

Like ProfitTraveler is saying, develop a website traffic generation strategy and it won't matter what niche you're in. It's about getting the attention of users going to your website...

Once you have a developed traffic strategy, you'll have to focus on targeted users who are interested in buying/pulling out their bank card and paying for your services/products. There are countless ways to earn website visitors.

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spartan14

3 years ago

Thats a nice ideea but you need skills ,great content etc to be able to sell it

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savidge4 3 years ago

Originally Posted by spartan14

Thats a nice idea but you need skills ,great content etc to be able to sell it

Skills are learned... they are not hurdles.

Need to learn how to build a website? XAMPP and start learning... Nothing but time. - you can build sites offline right on your computer and play with the code etc and learn. No need for a domain name or hosting.

Great content is simply practice, and a lot of education on the subject you are writing about.
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thistlebakeville com

3 years ago

Make money on your website. Whether you have a small or large website, simple or complex, you can make money either by adding products and affiliate links to the current page and promoting those products, or just by adding an entire new page with affiliate links of a product. This will help you generate revenue while building additional traffic to your site.

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rickeyshirts

3 years ago

Here are some photos of a brand new website where I'm not in position to actual market it or even spend money on advertising it. The point is, website traffic is easy once you figure out that people in the world want to read/view/watch similar things...so post content that triggers their likes (for advanced users, you can pull in traffic using dislikes too)

everyone who has a website eventually figures out that it is about getting website visitors aka web traffic! : - )

check out the photos and enjoy...

everyone who has a website eventually figures out that it is about getting website visitors aka web traffic! : - ) -just start posting things on your website that other people like...or something that you can type about all day and night.

most of the internet i can talk for hours to bizness owners, the only issue i have with biznss owners are that they are cheap...they want to see me driving a lambo or them seeing some big salespage that triggers their ego/emotion

then when i speak literally directly to them or with them, they rather not pay the $200 per hour....which isn't much since they would be learning from me directly who has been on a computer since I was 8 years old and my first bizness was an internet ecommerce business....anyways...just post things on your website and also post on wordpress that is similar to your domain name...that why when your audience grows, some readers might just google out the wordpress blog and your main domain shows up...which is a lot better bc that is your digital property!

check out the photos and enjoy...

that was a funny show...lol

as far as the exit strategy...i've been working on getting my powerpoint up and going that suggests such a business model.

That company Ring camera company built his company (as seen on sharktank)...to simply sell it off or partner with a bigger investor.

I was thinking, let's just automate it.
I seen that expired domains are powerful however the next big thing are

Aged Accounts
Aged Web 2.0
Aged WITH DOMAIN AUTHORITY domain names

think about this when coming up with an exit strategy.

Thanks

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jhonalbert

3 years ago

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Profit Traveler

Banned 3 years ago

Originally Posted by jhonalbert

You can make money by multiples way from website. you can sell product or you can get earning from google Adds.

DigitalCryptoGuide.com

https://flippa.com/11092215-crypto-e...rdpress-woocom

Registered a month ago sold for $300. Not bad.

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savidge4

3 years ago

Originally Posted by Profit Traveler

DigitalCryptoGuide.com

https://flippa.com/11092215-crypto-e...rdpress-woocom

Registered a month ago sold for $300. Not bad.

Ok so let me ask... Im just trying to understand... did the work you did, include the video, and the course?

If thats the case, Im just saying... if you kept the site, you would have to sell 8 - 9 copies? to reach the same amount of money let alone 50 or 100 course sales.

This is the part I am not understanding?

I called my broker, and asked about the URL in question here... He values the URL at probably $3000 - JUST THE URL... add the site, maybe $5000 - If it had sales.. 5 to 10X that and more depending on number of sales.

Im not saying this in any way to put you down...you made $300 and good on you... BUT what you are producing is worth W A Y more than that. If someone was to come to me to build JUST THE SITE, it would be a minimum $2500.

I am simply pointing this all out as a point of contrast... I will bluntly say you are selling yourself W A Y short.

Help me understand what is going on, and I can help you develop a more sustainable income, doing what it is you obviously enjoy doing.

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GordonJ

3 years ago

Originally Posted by savidge4

( Edited)

Im not saying this in any way to put you down...you made $300 and good on you... BUT what you are producing is worth W A Y more than that. If someone was to come to me to build JUST THE SITE, it would be a minimum $2500.

I am simply pointing this all out as a point of contrast... I will bluntly say you are selling yourself W A Y short.

I agree with savidge4, in fact, my opinion is that most Warriors undervalue themselves in the marketplace. In the Mind forum, we talk about identity and self-image, which is a big reason why so many are selling themselves short.

Raise your prices, you are PROBABLY worth more than you are getting.

GordonJ

P.S. Your value in the marketplace is what you control, don't undervalue yourself.

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Profit Traveler

Banned 3 years ago

Originally Posted by savidge4

Ok so let me ask... Im just trying to understand... did the work you did, include the video, and the course?

If thats the case, Im just saying... if you kept the site, you would have to sell 8 - 9 copies? to reach the same amount of money let alone 50 or 100 course sales.

This is the part I am not understanding?

I called my broker, and asked about the URL in question here... He values the URL at probably $3000 - JUST THE URL... add the site, maybe $5000 - If it had sales.. 5 to 10X that and more depending on number of sales.

Im not saying this in any way to put you down...you made $300 and good on you... BUT what you are producing is worth W A Y more than that. If someone was to come to me to build JUST THE SITE, it would be a minimum $2500.

I am simply pointing this all out as a point of contrast... I will bluntly say you are selling yourself W A Y short.

Help me understand what is going on, and I can help you develop a more sustainable income, doing what it is you obviously enjoy doing.

Hahaha this was just one of my frequent visits to Flippa then filter the search to Sold Starter Sites. NOT MY OWN this time around.

Just wanted to inspire on how fast income can be generated.

But your insights are exactly part of the Free Education we get from observing profits being made every day online.

Who knows maybe the winning bidder was as savvy as you my friend and knew what they were getting. Or maybe not. Still great learning all around.

May send you a P.M. because I have some juicy domains I am sitting on would love to get valuations on.

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talfighel

3 years ago

The cool part is that you can hire a web designer on a website like Fiverr and have them design a beautiful looking site.

Then if someone comes to it and likes it without them knowing you didn't do the design yourself, this can mean $100's and even $1,000's of dollars in your pocket.

Plus, if you have a great domain name attached that they really like, CHA CHING. Even more money.

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Profit Traveler

Banned 3 years ago

Originally Posted by talfighel

The cool part is that you can hire a web designer on a website like Fiverr and have them design a beautiful looking site.

Then if someone comes to it and likes it without them knowing you didn't do the design yourself, this can mean $100's and even $1,000's of dollars in your pocket.

Plus, if you have a great domain name attached that they really like, CHA CHING. Even more money.

Yep also I have sold Wordpress sites utilizing just standard themes in various niches.

Brand Social Media profiles on various platforms, maybe add a custom Opt in Freebie and Paid eBook and in the right niche you have something someone may love to own and saves them some time and effort.

Sometimes people do not see the bigger picture that what they are doing today can turn into a nice lump sum cash out.

Thanks

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Kay King

3 years ago

The cool part is that you can hire a web designer on a website like Fiverr and have them design a beautiful looking site.

Then if someone comes to it and likes it without them knowing you didn't do the design yourself, this can mean $100's and even $1,000's of dollars in your pocket.

And if they ask you how to edit it, can you tell them? Do you guarantee the integrity of the text and images?

This is arbitrage - buy low, sell high but not always as simple as it sounds.

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Nuadazan

3 years ago

This is a pretty old idea but it still true. The only thing is how to resist temtation to make it simplier rather than to make it more efficient.

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Profit Traveler

Banned 3 years ago

Was just taking a peek over at Empire Flippers. Justin and Joe.

Justin did a podcast I remember on the Learn Forum.
https://www.warriorforum.com/learn/w...ss-of-domains/

Over $300 Million in Sales of Websites and I went to the About Us Page and there were like 80 Faces of smiling employees. Wow. Watched these guys grow in the early stages and going strong.

Sometimes you sell the shovels. Or become the middle man....straight to the bank.

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Rajesh Menon

3 years ago

right! standard website builing strategy should definitely be considered an asset.

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Anayadwyn

2 years ago

Nice plan actually. As for monetization schemes then I use a classical one. If we are talking about blog and its content, then you attract traffic and this traffic helps you to increase the views of your blog, hence you receive money for a demand on your articles in the blog from the platform, where you run this blog.

As for marketers who are busy with promotion services, then money are received due to either advertisement or sales from the company which you promote. I prefer these types of monetization as they are the most clarified and it's not difficult to sort out how to promote the services.

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A Great Plan to Cash In with Your Website

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