07 November, 2010

SITE FLIPPING

Sale a site & earn moneyPDFPrintE-mail
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What is site flipping?

Website Flipping is the process of purchasing a website, updating/improving/devolping or adding value to the website and then selling the website for a profit.

The term flipping has been borrowed from the real estate market where "house flipping" is a well known industry. In fact the processes behind each are almost identical but as far as popularity and awareness goes website flipping is well behind.

So why am I so excited about the industry?

Im not sure whether my writing style reflects my enthusiasm for the industry and if it hasnt let me tell you I am well and truely hitched onto the bandwagon. Website flipping is such an exciting industry for many reasons including:

- Incredibly low capital needed (in comparison with other investments)
- Unbelievable amount of growth possible (how many websites are there?)
- Low risk as any good purchase will at worst hold its value
- High growth currently
- Create revenue whilst "flipping"

So stick around, bookmark this forum and ask lots of questions because IMO this is one of the best online industries around and now is a great time to enter the market.

Where you sale the site?

You can sale your site on many places. Like forums.digitalpoint.com, sitepoint.com, sedo.com & many other places.

Why people buy site from you?
1. Because of the existing traffic flow, the businessman will gain in terms of the seller’s search engine marketing efforts. An existing website will have back links as well as listings in a number of directories that will help to increase the site’s traffic. A new site, on the contrary, will take ample time to get a proper listing on any directory.
2. Search engine optimization is another big advantage when buying an already existing site. Most site owners will have done some prior work for optimizing the domain name on various search engines. Thus, the groundwork is done for you when you are buying an established website, and you have to just capitalize on the foundation.
3. Websites with long funny names do not work very well. If you are trying to set up a new site, you might find that many superior website names have been taken up, and you are in a fix. Don’t lose heart. Enter the virtual marketplace of buying selling websites, and you will surely come across a site that has optimized keywords in top search engines or a domain name, which reflects your market segment.
4. Choosing the right domain name or starting off with an established website will give your business the right bang. Look for ads that say ‘selling my website,’ as this is a great way to acquire catchy domain names and divert a large volume of net traffic to your business. Starting fresh for a specific keyword is time-consuming and very difficult. So, when there is an easy way out, why not try it out?
HOW TO GET STARTED-To filip website or domain names means to acquired some domain names
or website to yourself and sell it to a buyer at your own favourable price.
FOR the novice-A domain names is the names of a website that you type on the address bar when visitting a website.while Hosting account is the name server (space) where you will upload your web content and all this together make up a website.

THERE ARE 8 STEPS TO MAKE MONEY FROM WEBSITE AND DOMAIN NAMES FILLIPPING
step1:fIND A PASSIONATE NICHE-and this means finding a niche that has passionate people in it.
you can do this by carry out research and identify your niche market.What you have to do is to simple enter a keyword
relating to the ideal you have in mind,with one click…the search-term-suggestion tool will tell you how many
times that keywords was searched online.However, two friendly place you can actully get what people
are looking for are:
(a)google.com-you can reaserch key terms on google and narrow it down.For example if i am going to create a product on web
traffic.FIRSTLLY,I WILL VISIT GOOGLE .COM AND TYPE on the seacrh bar the term or niche e.g web traffic . you will be able to
look at the number of times that term or niche appearred as a link online.
(b)wordstrem.com-if for example.let us assume thet you want to create report on “affiliate marketing”.visit wordtrem
on the free keyword search space type affiliate marketing and click on hit me key.
you will be able to discouver the key words people are searching for on the affiliate marketing niche.
Because the popularity of the key words is a road map and it serve as good market indicator
to start a succesfull website or domain names busines

STEP2:Write 2-5articles usually 500 to 1500 words that are key word optimized that the market you
reaserch in astep 2 will relate with.

STEP3:Register your domain names-Like i have said before that your domain names is the name of youir website,
your domain names must has keyword relating to your niche market that it can be easily for search engine to index your site.

STEP4:INSTALL your website or blog and start posting.the web hosting company you buy hosting and domain names will send you password
and your user names to the cpane,simply sign to youir cpanel and then go to the section of fantatisco,click on wordpress
to install your blog withing 5mins and the next step is to start posting your articles.

STEP6:Put some google analytics tracking codes on your site so you can tract visitors
activity and monitor the result for a few days.

step7:send traffic-one of the simple ways to sent traffic(people) to your website is to post the site to the social bookmarking site(onlywire.com)
stunble the site(etunmbleupon.com)ping the site(pingmyblog.com)and post your articles
to ezinearticles.com,goarticles.com,articlesbase.com,idearmarketer.com,hubpages.com
…Make sure to add your website URL
to your resources box as your signature of all articles you have sumitted.

STEP8:Post the site for sale in the turnkey website section of the Buywellwebsite.com)or Buyand sell.ie)or sitepont.com)to sell your website or domain names…make sure your listing should explain how great you think the niche is,the potential of the site,the benefit of owning the site and the reason you are selling the website(it is your business model-you are a website filipper)

Set your BIN (buy it now)price between $200-$1000 based on how much traffic and revenue its making…

For example,you may list your site prices like this:

(1)No traffic or revenue$200
(2)some traffic no revenue$300
(3)some traffic and revenue$600
(4)lot of traffic and revenue$1000

STEP8:TELL tell the higest bidder to pay pal you the money and you will give him thepassword to your Blog or site and the buyer will change the password to his own….and it bacame the owner.
Why Do People Fail At Website Flipping?
So what differentiates a successful website flipper from a website flipper who is a failure or is not that successful? Website flipping is undoubtedly one of the fastest growing industries on the internet. Please find some important facts below, which will give a clear understanding of the reason why many website flippers fail to make it big in the industry

* Outrageous pricing: Many website flippers do everything right with their website; however they demand an outrageous price for it that many potential buyers lose interest right away. However good a flipped website is, it should be reasonably priced, for the buyer to find it attractive and profitable.
* Lack of aesthetic appeal: The look of the website plays a major role in getting high paying customer as the look is the first thing which is going to bring the buyer closer to the deal. Any website flipper, who fails in beautifying his website, is very unlikely to make it big. If you are a website flipper who is diligent enough to avoid the above mentioned reasons for failure, you should not be surprised when success knocks at your door next time!
* Neglect content: Quality content plays a very decisive role in determining the value of the website. Any website with a poor content is bound to be ignored by many buyers. Poor content is an indication that the website was dealt by an unprofessional, and hence is very unlikely to attract any high paying buyers. No doubt that, a website flipper who does not attach due importance to the content factor, is very unlikely to become a successful website flipper.
* Lack of research: Most people jump into a site because of the excitement or rush that they get from knowing there is a possibility to make a large amount of money. You must stop and research everything you can! Sometimes it may take weeks before you can make a very smart decision!
* Determining if a niche can be monetized: It is very important to check the feasibility of the monetizing factor of the determined niche. One of the primary reason for the failure of many website flippers is that they do not give due importance to the monetizing factor. Websites with niches which are difficult to monetize are likely to fetch very low or no profits.
*people fail because they only attempt to sell the domain with a bad looking website. Taking the time to build a website might really help out.

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