Website Flipping - Is it scaleable to make six figure a year?

47 replies
I have sold a site recently and enjoyed the process...I was wondering if it is a scaleable business where I can outsorce the whole process of creating websites, content, seo and marketing?

I want to turn website flipping into a full fledge businesses
#figure #flipping #make #scaleable #website #year
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    • Profile picture of the author xohaibx
      Six figure? It's scalable to even seven figure, depends on what kind of sites you sell.
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  • Profile picture of the author chessguy
    Originally Posted by fated82 View Post

    I have sold a site recently and enjoyed the process...I was wondering if it is a scaleable business where I can outsorce the whole process of creating websites, content, seo and marketing?

    I want to turn website flipping into a full fledge businesses
    Hire a website designer and a content writer. Then you'll have a fresh website ready to sell, but you'll get less $$$ for it. You can get someone to do SEO & marketing for it so it can start earning money/getting ranked. But why would you want to turn around and sell it at this point instead of using it for residual income?

    Say you hired all 3 guys to do the work then sold the site for $400. Profit of $250. But if your website & SEO/marketing guy is any good, you should be able to recoup your investment in just a few months then still have the site for its residual income.
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  • Profile picture of the author fated82
    I am currently focusing on niche content site but I am not sure if they can command higher price for it...

    I understand service site can command alot more...
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  • Profile picture of the author GoingSomewhere
    Yes, it is highly a scalable business.

    Focus on having a mailing list on your
    site flip business. Anytime you want to sell
    a site, offer it to your list members first.

    It works. You may never pay listing fees,
    success fees, et al
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  • Profile picture of the author chinedu86
    I believe it can be scaled up to six figures by selling more quality sites.
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  • Profile picture of the author GENIX
    I think it's pretty hard to do 6 figures on your own, especially if you're selling new websites when you need high volume. To achieve 6 figures/year you need around $275 profit per day which means probably 2 new websites because they have lower prices. However this could be done by outsourcing major part of it and increasing the volume.

    The alternative would be to create websites and get them to earn some money and sell them for 10x that.

    The advice with building a list is also good. I received many after-sale orders from customers who bought from me, and also sold some by sending an email before listing it on Flippa.
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  • Profile picture of the author fated82
    Thanks guys....Yes, to do 6 figure alone would be difficult....I don't expect to sell new sites but I plan to sell money making sites as they can fletch higher margin....the only thing now is to build a team of ppl to mass produce these sites.
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    • Profile picture of the author GeorgR.
      Originally Posted by fated82 View Post

      Thanks guys....Yes, to do 6 figure alone would be difficult....I don't expect to sell new sites but I plan to sell money making sites as they can fletch higher margin....the only thing now is to build a team of ppl to mass produce these sites.
      That would be doable if you do it on a really big scale - that is, really producing A LOT of quality sites constantly, rank them in Google, get some revenue and sell each of those sites then after several months.

      So you would need a constant stream of quality sites available,some you sell currently, the others are in the process of starting to make some revenue and others are currently created.
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  • Profile picture of the author lilphilupt
    I have heard about a lot of people that have scaled up and made six figures, but i don't have any website flipping experience myself but i know it should be possible.
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  • Profile picture of the author aaronngoh
    Just wonder how long it take for one to be successful in flippa and making good money?

    Care to share some of your experience?
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  • Profile picture of the author Brent Jacoby
    It is very scalable and something I thought about doing myself!

    With just some simple math and internet marketing knowledge, you can see how much you can expect to make. Let's take a look:

    Let's say you create 1 new website every day.

    After 1 month, you will have 30 websites. Let's say they are adsense sites.

    Out of those 30 websites, some will make pennies a day, while others could make $30 a day. That is why it is best to build these type of sites in bulk. Don't put all of your eggs in one site.. spending money and time getting it ranked, to only find out it makes $1 a day.

    Let's say out of those 30 sites you average $5 a day from each site.

    30 sites X $5/day = $150 per day.

    $150 per day = $4,500 per month.

    It is usually best to flip websites that have been earning for 3 months, but you could still have success flipping sites after only 1 month of earning. (But just keep building a site every day for 3 months and then after 3 months every month you will have 30 sites that have been earning for 3 months.)

    Most people expect to get 10 to 12 months earnings for their website. But!!! If you know what you are doing, you can get 15 to 20 months earnings for your website.. even if its an ugly one page adsense site.

    So let's say you flip all 30 sites with a monthly earning of $4,500 and you were able to get 17 months earnings.

    $4,500 X 17 = $76,500.

    Do this every single month and for the year you will make:

    $76,500 X 12 months = $918,000 a year.

    Now let's say you didn't do that good. Could you still make some nice money?

    What if your sites only average $1 per day and you only get 10 months earnings when you flip them?

    30 sites earning $1 per day = $30/day.

    $30/day = $900 each month

    $900 X 10 months earnings = $9000 each month

    Which comes out to $108,000 a year. Def not a salary to sneeze at.
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    • Profile picture of the author goodmast3r
      Brent how can you have a website with $30 a day in one month? How is it posible? If that is easy I wouldn't sell it and build 10 of those in one month or $300

      Originally Posted by Brent Jacoby View Post

      It is very scalable and something I thought about doing myself!

      With just some simple math and internet marketing knowledge, you can see how much you can expect to make. Let's take a look:

      Let's say you create 1 new website every day.

      After 1 month, you will have 30 websites. Let's say they are adsense sites.

      Out of those 30 websites, some will make pennies a day, while others could make $30 a day. That is why it is best to build these type of sites in bulk. Don't put all of your eggs in one site.. spending money and time getting it ranked, to only find out it makes $1 a day.

      Let's say out of those 30 sites you average $5 a day from each site.

      30 sites X $5/day = $150 per day.

      $150 per day = $4,500 per month.

      It is usually best to flip websites that have been earning for 3 months, but you could still have success flipping sites after only 1 month of earning. (But just keep building a site every day for 3 months and then after 3 months every month you will have 30 sites that have been earning for 3 months.)

      Most people expect to get 10 to 12 months earnings for their website. But!!! If you know what you are doing, you can get 15 to 20 months earnings for your website.. even if its an ugly one page adsense site.

      So let's say you flip all 30 sites with a monthly earning of $4,500 and you were able to get 17 months earnings.

      $4,500 X 17 = $76,500.

      Do this every single month and for the year you will make:

      $76,500 X 12 months = $918,000 a year.

      Now let's say you didn't do that good. Could you still make some nice money?

      What if your sites only average $1 per day and you only get 10 months earnings when you flip them?

      30 sites earning $1 per day = $30/day.

      $30/day = $900 each month

      $900 X 10 months earnings = $9000 each month

      Which comes out to $108,000 a year. Def not a salary to sneeze at.
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      • Profile picture of the author J23
        Originally Posted by goodmast3r View Post

        Brent how can you have a website with $30 a day in one month? How is it posible? If that is easy I wouldn't sell it and build 10 of those in one month or $300
        It's really all about targeting the right keywords and using good SEO techniques to get it ranking. People make it out to be harder than it actually is. I'm not saying it's "easy" but it's definitely not complicated. Find a method that works and repeat it over and over.

        On another note, if anyone is serious about learning about site flipping, I'd recommend checking out Thomas and Bryan's forum: FlippingPlanet - The Site Flipping Forum

        It has a lot of good info from *real* site flippers, not the wanna-bes who sell a few turnkey sites here and there for $150 and call themselves site flippers.
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    • Profile picture of the author abbesnwk
      Banned
      Awesome math . Thanks


      Originally Posted by Brent Jacoby View Post

      It is very scalable and something I thought about doing myself!

      With just some simple math and internet marketing knowledge, you can see how much you can expect to make. Let's take a look:

      Let's say you create 1 new website every day.

      After 1 month, you will have 30 websites. Let's say they are adsense sites.

      Out of those 30 websites, some will make pennies a day, while others could make $30 a day. That is why it is best to build these type of sites in bulk. Don't put all of your eggs in one site.. spending money and time getting it ranked, to only find out it makes $1 a day.

      Let's say out of those 30 sites you average $5 a day from each site.

      30 sites X $5/day = $150 per day.

      $150 per day = $4,500 per month.

      It is usually best to flip websites that have been earning for 3 months, but you could still have success flipping sites after only 1 month of earning. (But just keep building a site every day for 3 months and then after 3 months every month you will have 30 sites that have been earning for 3 months.)

      Most people expect to get 10 to 12 months earnings for their website. But!!! If you know what you are doing, you can get 15 to 20 months earnings for your website.. even if its an ugly one page adsense site.

      So let's say you flip all 30 sites with a monthly earning of $4,500 and you were able to get 17 months earnings.

      $4,500 X 17 = $76,500.

      Do this every single month and for the year you will make:

      $76,500 X 12 months = $918,000 a year.

      Now let's say you didn't do that good. Could you still make some nice money?

      What if your sites only average $1 per day and you only get 10 months earnings when you flip them?

      30 sites earning $1 per day = $30/day.

      $30/day = $900 each month

      $900 X 10 months earnings = $9000 each month

      Which comes out to $108,000 a year. Def not a salary to sneeze at.
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  • Profile picture of the author j10nnb
    Thanks Brent, that is very interesting. I assume you would only look at .com .net and .org sites in this scenario and not touch .info.
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    • Profile picture of the author Brent Jacoby
      Originally Posted by j10nnb View Post

      Thanks Brent, that is very interesting. I assume you would only look at .com .net and .org sites in this scenario and not touch .info.
      I personally only use .com .net and .org, but from my experience with site flipping, buyers don't care if the site is .info as long as it's making verifiable income.
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      • Profile picture of the author Flamboyantegg
        I'm personally currently selling websites for approximately $100-200 per site, that take approximately 2 hours of setup.

        I'm just starting out, which has made the initial time investments higher, 6-10 hours extra per site while I regain my CSS/Wordpress/HTML/design skills building out the templates, but even now only a few sales in I have two contacts who frequently email me about websites they want created.

        I would say once you get over the initial bump that building out two websites a day to sell at $100-200 is easily achievable, also once you've got that experience branching out into different types of websites to flip, such as those previously mentioned, should be much easier as well.

        At my current rate, I'd need to sell 500 sites a year which would is impractical and somewhat ridiculous; however it's a nice place to start and a decent piece of supplemental income that I expect to pay better with more experience.
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  • Profile picture of the author J23
    Brent hit the nail right on the head. The strategy he posted is something similar to what I'm doing now. Although I'm not quite building 30 sites per month, I'm building a good amount of them and it's been working out nicely for me.

    Something to note though is that building and selling is a bit different than "flipping" in it's true definition. Flipping means buying a site, then selling it for a profit. Just thought I'd clarify that since the term flipping seems to get thrown around a lot these days. Just by reading this thread, I see that some people still think building a site and throwing some crappy content on it and selling it for a few hundred dollars is flipping, when it's far from it.
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    • Profile picture of the author Hamida Harland
      Very easily scaleable, but you need to be able to build a website that makes money. Niche blogs or Adsense sites that have revenue are very easy to sell, particularly if they're a few months old.

      If you spent 6 months building up a portfolio of sites e.g. 4 new sites every month, and once each site is 6 months old and earning (let's say $500 a month) you could easily sell your sites for about $3000 each.

      So after 6 months you're making $12000 a month (and that doesn't include the revenue you're getting from affiliate sales/adsense from the sites themselves). The only problem is that you have to keep building 4 new sites every month, so it's not a great plan if you want residual income.

      I've sold plenty sites like this, but I don't make it my full time business model. I doubt if many marketers do. Why? Because if you can build a site that makes $500 per month in 6 months, it's better long term business to hold on to your site rather than sell it before it reaches its full potential.
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  • Profile picture of the author newton
    It's easily scalable but you need a process and system that works.

    Then just keep building and refine the system as you go along. Every part can be outsourced but keep the auction part to yourself...that's the exciting bit!

    But the research, building and promotion is easily outsourced.

    Tony
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  • Profile picture of the author Nigel Greaves
    It certainly is achievable with the right plan in mind.

    You might want to take a look at Piper Anderson's WSO about flipping called "A Flip A Day" to get some idea of the potential.

    Nigel
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  • Profile picture of the author NikkiDelgado
    Yes! Very much so!
    I have sold lots of sites on Flippa and am planning to work my way up to selling top earning sites for more money. At the moment I mostly flip start up sites
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  • Profile picture of the author drjoereviews
    Does anybody know the fastest methods for getting a site earning money soon?
    Joe
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  • Profile picture of the author asim566
    I have experience from flippa.
    New website get very very low bid but earning make a site real value.When a site start earning, its value increases more than ten times.
    Secondly, never bother about flippa fee.This $19 fee get you a lot of new and rich customers and signups.
    Atleast 500 visitors visit my site when I list site on flippa.
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  • Profile picture of the author popopdc
    Yes, 6 figures is pretty easy. You need a lot of quality sites that are bringing in revenue. If you have time on your hands and do this for a living, yes it's doable.
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  • Profile picture of the author Keen creations
    I'm just getting interested in this and have seen on flippa.com that some sites go for $10,000 but it honestly depends on the quality of the site, if you take the time..then yes.
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  • Profile picture of the author GeorgR.
    You need to do THE SAME thing which you/me would do already otherwise, making sites which create some decent income.

    This is NOT always easy and also usually doesnt happen in a week or two.

    I have one site for sale now and getting the site where it is now took me a LONG time.

    Alternatively, i actually find domain flipping more interesting, eg. snatching a good domain name and selling only the domain (or domain with some quickly made site).
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  • Profile picture of the author Thomas Smale
    I'll go out on an educated limb here and say that no-one does 6 figures (net) on Flippa selling turnkey sites. It would be possible, but it would require a very good setup and an awesome work ethic. I only know of a few who do 6 figures net with real flipping as described by J23 above, but I'm sure there are others who do it outside of Flippa.

    The way to scale up to six figures is relatively simple in theory: scale up and reinvest. Sell your first site for $100, then $200, then $500 and keep building up from there.

    In reality, the game changes substantially when you start dealing with sites worth 5 figures and up. It can be done, but be prepared to run it as a real business and not a hands off way to make money online.
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  • Profile picture of the author omk
    Yes. It is a scalable business. However, you'd have to automate it somewhat and have other people working with you on the sites, flipping etc. Even if you try and reduce outside help, I don't think you'll be able to scale that high unless you have at least 1 or 2 other people or VA's.
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    • Profile picture of the author airrdamax09
      Hey, I was kind of looking for a mentor in this area of website flipping. I'm still in my highschool years and I think it would be fun to flip/develop some sites in my spare time to make a little extra money on the side. I also want to learn a lot about marketing, because you have to market yourself to get places. I thought website flipping/developing would be a good fit for me, 1 because I enjoy the concept, 2 I would like to make a little money on the side, 3 it takes little startup capital(less than $100) and I would like to learn a lot from the marketing aspect. I am just looking for some slight guidence so I get off on relatively the right foot. But I do understand the importance from learning from mistakes.

      Thanks
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      • Profile picture of the author salesmanger
        I think that it is possible to make this kind of money website flipping but it will be extremely hard to do. You are completing with hundreds of other website owners who want to sell there site to.

        You would have to be a extremely good seller and write good sales letters to make people want to buy the site. I have tried selling sites before and I will admit I thought it looked so simple but I quickly got discouraged when I wasn't getting the amount of sales that I thought I deserved.

        I just want to let you know that it will take time and patience to make the amount of money you want. good luck
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  • Profile picture of the author mglw
    I just started IM about a year and concentrate mainly on niche marketing. Domain and website flipping may a lucrative business if you know how but you may also lose money if you lack a workable exit plan.

    Recently, I heard from a friend that even aged websites with no revenue or no traffic can be sold at a fairly good profit if you set them up properly.

    Anyone here ever sold such website before?
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  • Profile picture of the author kennygoodman
    It's all about scaling up. You may start a brand new site from a brand new domain with a total cost of say $50 and then sell it on Flippa for $200, you then reinvest this and buy an aged domain (using http://www.domainface.com
    of course) and then build a site on it that ranks quicker because the domain already has backlinks, PR and other SEO attributes. You may then sell this for $400, you may then use that money to buy a ready made site and then renovate it and sell this for $1000, you may then buy a money making site (a business), renovate this and sell it for $2000 and so on...

    When I say renovate I am talking about site structure - add content, generate conversion testing dat to get it converting better and so on


    Yes it is scaleable :-)


    I hope this helps


    Kenny
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  • Profile picture of the author sbucciarel
    Banned
    Probably not if you are selling startups, but definitely if you are selling established sites with income and revenue.
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  • Profile picture of the author TryBPO
    We're working on this model right now, as we speak.

    We've been testing some AdSense sites over the past 5 months and have just started Flipping those with a bit of revenue. We're going to sell a few batches over the next few weeks and see what works better. First we tried an auction with a reserve and slightly lower BIN...now we have a $1 No Reserve going here: https://flippa.com/133558-148month-5...#comment493479

    BTW, I see the $30/day given as a possibility, but that's nowhere near what we've found. In the short time we've been doing it, we're looking at $10/month on our low-comp sites on average. That being said, we're new and have less than the average revenue...but our costs are low so it makes sense for us.
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  • Profile picture of the author dadamson
    Website flipping is scalable to any figure you like!

    It is a very lucrative business model and it really depends on your dedication and smart thinking that will determine its scalability.

    It's also a hell of a lot of fun
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  • Profile picture of the author dialseo
    I like that you can really flip a website, or just the domain. My strategy was cityservice.coms and I found a few that, after some cold emails, easily covered the investment of 30 domains in a first run. Domains I bought for $7 (GoDaddy coupon code FUN3) would go for $200-$500 each!

    Find what you like and go with it. I've always preferred mass domain registrations, but like said above niche websites can residual AdSense gold.
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  • Profile picture of the author GeorgR.
    Everything is scalable...
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    • Profile picture of the author Warrior X
      Thought I'd share my experiences, because I've been trying out domain flipping this last week.

      My first sold for $70, which means about a $35 profit. A second did not sell, and a third has a $45 bid with ~36 hrs left.

      If I can run a small profit on most domains, and hit a home run on a few, it might be worth investing in.

      Anyway, the amount of work it takes is not a lot, and it's fun too.
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  • Profile picture of the author Vulk
    I think flipping is one of the most funnest and most profitable for me. Personally I'm more into how the website looks/functions..doing SEO isn't my strong point.
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  • Profile picture of the author celente
    That all depends.

    But you must follow a system taht works for you or somebody else.

    1) create a solid business that you can prove brings in money.

    2) be able to put your site on the market in a way that attracts propsects.

    3) Realise there are no secrets, teh more you tell the more you sell.

    4) work out what works and what doesnt.

    5) work out what busineses are in hot demand.

    Once you figure all this out, then you can scale it up. Scaling something up without a plan is the quickest way to fail.

    I would do smaller test and record what works and what doesnt. The rest is history.
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  • Profile picture of the author chrisyates
    Originally Posted by fated82 View Post

    I have sold a site recently and enjoyed the process...I was wondering if it is a scaleable business where I can outsorce the whole process of creating websites, content, seo and marketing?

    I want to turn website flipping into a full fledge businesses
    It's definitely scalable (I'm currently doing 6 figures in the business of flipping).

    In order to scale a business model, the key in my opinion is to find the biggest points of leverage.

    Leverage is doing more with less. This includes using other people's time, other people's money, other people's knowledge, other people's network, etc.

    What I would suggest you do is to map out your current system that worked for you. Analyze each step and ask yourself if you can apply leverage. For instance:

    1.) Did you build a site? Leverage other people's time to build it for you.
    2.) Did you buy the site? Leverage other people's time and networks to find more good deals.
    3.) Did you make money from the site before selling? Use other people's knowledge to find better ways to make money from sites faster.
    4.) Are you limited because you don't have the money to invest in building or buying sites? Use other people's money.

    As soon as you find something that works (which you have), all you need to do is focus heavily on leverage to scale fast.
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  • Profile picture of the author BloggingPro
    I just sold my first site last Thursday. Took awhile for the guy to pay (which made me nervous), but it was a rewarding experience. I like design and so I kind of have an outlet with this. My second site is almost finished and will get listed on Monday.

    I plan on building two more this weekend and refining my skills before I attempt to outsource. It may not turn into a six figure income, but I could easily see making $1000 this month alone from this.
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  • Profile picture of the author krjewellers
    I think it is possible. Although I have never scaled it to that
    level. I have sold developed sites in the $x,xxx range and have
    had $xx,xxx years selling websites. I have usually sold only
    out of necessity, i.e., need money for another project.

    I have known others who did scale it to $xxx,xxx. They
    all had one thing in common: they sold high end websites.
    They would buy a successful site in the $x,xxx range, and
    improve design, traffic and income. Then, they would sell
    the site in the $xx,xxx range, rinse and repeat.

    The opportunity is there. People will buy income producing
    websites all day long. Best of luck to you.
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