I Want to Use Site Flipping to Pay for My Wedding

I've read that ebook and it's not bad. As you might imagine though, it's geared more towards people who aren't experienced with setting up blogs and whatnot (explaining hosting, etc.). Flip Websites recently changed hands, so I'm not sure if the new owner has revised the guide at all.

Starting niche sites to pay for your wedding isn't a bad idea at all. One thing I'd recommend is to start buying your domain names now. Even if you can't start building on them for a few months because of the holidays, school workload, whatever, they'll still be aging - which will help them fetch more cash when the time comes.

If you have a year before the wedding, you could do some serious damage in flipping sites. While many will disagree with me, you can make some money flipping websites that arent making money. Yes you will get more for revenue producing sites but you can still flip those that are new. While there are many more expert flippers then me on this forum, here is what I would do if I had a year:

As stated above, make some money sites. Get traffic and hopefully some adsense clicks and affiliate sales. Hold on to these for a while, atleast until you have 3 months of earnings to claim.

In your free time, make 1 or 2 "quick sale" blogs every week or so. You can use good quality PLR on these. Get a good premium theme and list them on flippa or even ebay. If time is a problem, you can even get compelete PLR sites that you can monetize. Now list them on flippa or even ebay. The goal of these sites should be to break even or make a few bucks. Some will surprise you and you might make $80-$100 on. Others, you will just get back the domain fee and listing fees back. Thats ok.

Once you sell these, you must WOW them with you customer service. I mean really WOW them. Give them free backlinks (go to FIVERR) maybe a unique article or 2. Whatever it takes. Dont advertise these freebies in the listing. Just give it to them. You also need to be fast in the transfer of everything. Get it done within 12 hours after they give you all the information you need. If you do this, you'll have a customer for life.

PM the other people that bid on the "quick sale" blog. Tell them you apprieciate the bid and that you will be listing more soon. If they respond, contact them everytime you have a site for sale.

The key to the "quick sale" blogs is NOT to spend alot of time on them. Make them nice and user friendly but remember, you probably wont make a ton of money with them. The key to these is to break even for a few weeks and start building a client list.

After 5 or 6 weeks, you should have 10-12 people that won your sites for your "list". You'll probably have another 20 people that bid on your sites that you PM'd that ou can also notify. Let them all know whenver you list a new site and you should be all set, and your "quick sale" sites will start to bring in more cash.

Re-invest the money now into unique content sites. 10 articles per site should do it. I outsource the process since I hate writting. Now your blogs will bring in better money.

Flippa isnt the only place to sell these blogs. I have had good luck with Ebay as well. The problem with ebay though is you will get "high maintenance" customers. These are newbies who will email you all the time with questions. This isnt a problem but they will constantly email you with the same questions, over and over. While I do have 3 or 4 sites listed on there now, I have moved away from ebay and just use flippa or my "list". There is a guy making great money on ebay selling startup sites but he lists 15 or 16 every week. Not enough ROI for me but he does have $1000 weeks.

After bouncing around from one new product to the next over the past 2 years, I started doing this 3 or 4 months ago and I think I have found my "niche". I do around $300-$500 profit a week (about 10-12 hours of work) but could really make as much money as I wanted if I put more time into it. I have a full time job as well and use this money for up-comming vacations and saving for a new car that I want to pay cash for.

I am sure that there are easier ways to make money online but this is what I have found works best for me.

Feel free to ask any questions that yu might have as Ill be glad to help if I can.

Rich

Thanks Justin,

I am all about Devil's advocates, so thank you for that.

I guess I'll try to concentrait 50% of my effort on site creation and 50% on offline marketing. If everything else fails at least I will have a lerned something along the way.

My other options may include getting a part time job, or taking out a loan to pay for the wedding, so I am not risking much by taking IM aproach.

This is 100% true Justin. I see all over the place that you should get 10x the monthly income but it's really anywhere from 6-8%, depending on the niche.

Yes, everytime, but naturally for less than if they had revenue.

You'll tend to get more if the traffic is from good established links and social media rather than Google, as a buyer in a similar niche can buy the site and 301 (redirect) the traffic to their site for an instant targeted boost in their numbers.

Alternatively, Lead Gen is becoming a fairly hot topic in Internet Marketing, especially at a local level and many domainers are switching to selling leads of the back of parked domains so if your traffic is industry specific selling the site should be much easier.

On Flippa, not so much. It'd be best to build and develop your sites for several months to where they show verifiable traffic and income. These are the sites that tend to sell for higher amounts in Flippa, and this is what I'd definitely recommend you do.

Paul

They are interesting threads but I would think that google wouldn't think much of a website created 100% of duplicate content.