How to Make $5000 Monthly Flipping Just One Website
I have been following threads of some gurus here. The
interesting thing about them is their willingness to always
learn and to investigate any proven money making system
before diving in.
With the above in mind, I decided to check out the
site flipping business. My findings have been awesome working
in that niche. My 2 cents on this thread may not be entirely
new but adding your unique and creative spin to any business
model is the difference between success and failure. After all,
there are no online business models that are entirely new. It
is all about tweaking and twisting.
Here it is:
Flipping websites is a business that anybody can get involved
with without loosing an arm or leg. There is no entry barrier
and it requires as little as $20 total capital outlay if you are
willing to work.
The business plan is as straight forward as this:
- Select a niche that you are knowledgeable in and it must be
high paying.
- Register a keyword rich domain name.
- Gather useful content for the website. Aim for 30-50 unique
and high quality articles that are Copyscape compliant.
- Select a web host that you can upload your content on
their server. Preferably a reseller hosting account.
- Drive traffic to your live website via various means.
No stone should be left unturned when it comes to
generating
targeted traffic.
- Ensure that you use tracking codes to monitor your web
visitor's behavior and other variables. You don't want to
be shooting in the dark without getting expected results.
- Generate sales/revenue from your website which you
should have adequately monetized through your own
product, affiliate products, contextual advertising like
Google Adsense or a mix of these.
- Confirm that your website has generated a month's
average revenue equal to or greater than $417.
- Put up your website for sale at auction sites. The
popular auction site for flipping website as of now is
Sitepoint.com. But there is an affordable listing fee
you have to pay.
- Flip your website for an amount equal to or above
12 months of your average monthly net income. In
this example, I will sell my website for $5000 because
I am making net profit of $417 monthly net profit.
- Wash, rinse and repeat the flip website for profits system.
Remember that selling websites business will never be
saturated for established websites making profits. Many
websites on the internet are hardly profitable. No wonder
thousands of domain names expired everyday without renewal!
You and I know that no sane internet entrepreneur will
consciously allow his profitable business to die or expire
without renewing his business domain name. The truth
is a lot of webmasters don't know how to generate sales
from their websites. They are always ecstatic when their
website occasionally makes a sale.
To such webmasters, buying a purposeful and profit
generating websites that are proven earners is the best
investment. And to you, the seller, such webmasters
are the best customers to flip your websites to.
Edward O. A.
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