How To Build and Sell Website (Website Flipping)
May 7, 2009 · Print This Article
Getting involved with website flipping is extremely lucrative once you learn how to build and sell your websites for maximum profit. Of course, there are many ways of doing this but essentially it’s all about building a website that becomes an income producing asset and using those proof of earnings along with other key data to make a big capital return.
You may be wondering why and what sort of people want to buy sites like this. Well, there are investors and webmasters that want to buy sites with proven earnings and for that privilege they are willing to pay a premium providing you are selling a quality site.
How Much Is A Site Worth?
Well, to be honest a site is worth what a buyer is willing to pay but there are good guidelines in my new report which give you a very clear idea of how much you can expect to achieve for a site when you come to sell it. The formula I use typically achieves a price ranging from $300 to $1800 depending on factors such as earnings, age of site and a few other variables which are important in the mind of a potential buyer.
When you are starting out website flipping the best way I can recommend is to learn how to build your own sites so you can cash out for maximum profit. With the cost of a domain and hosting you can get started in this business for less than $20. You could realistically turn that $20 into hundreds of dollars when you come to sell, but first you need to take action and do some work.
Six Steps To Success As A Site Flipper
Step 1: Build your site and make it unique so that it has added attraction to a buyer.
Step 2: Monetize your site and develop a track record of earnings so you can offer proof to the buyer.
Step 3: Promote your site to drive targeted visitors to it so you have regular earnings.
Step 4: List your site on a marketplace and start accepting bids.
Step 5: Take receipt of payment for the site before proceeding with transfer of the domain and site files.
Step 6: Use the realised capital from your sale to fund building and promoting more sites.
If you focus on this as a part-time or even full time website flipping business you can easily earn thousands of dollars in profit every month.