So what is site flipping? Here is the premise: buying and selling websites is one component of an overall business plan that embraces the Internet for generating diverse and profitable revenue streams.
Like brick and mortar real estate flipping, the process is similar except it all takes place virtually on the web. Websites like
And unless you are already at the top of your game, websites are far cheaper than buying a physical parcel of real estate—we’re talking maybe a few hundred dollars.
There are a lot of techniques to successfully gauge a potential website for a
purchase. There are so many sites out there that have
An advantage of buying websites is that you purchase the site with the traffic built-in. The task then usually carries on
For the last technique, this cannot just be implemented without a plan and an idea of what kind of traffic and niche the site is in. Formulating a strategy takes into account
Like assessing a brick and mortar establishment or a house, location is analogous to the niche.
What type of affiliate marketing campaigns have you ran or are you
interested in running? What niches are the most successful or profitable?
The best niches are usually building wealth, relationships or weight loss products. There are no hard and fast rules though when it comes to picking a niche.
Analyzing websites in a particular niche is helpful to energize a campaign in progress. Some sites need not be directly related but can be tangentially relevant to products you may already be selling.
The bottom line is that the entrepreneur must have a plan on how purchasing a website will figure into an overarching strategy for a web business.
The key for
Buy sites that have the potential for monetization. A good site for flipping is one that has a revenue generation system in place. This could be a site that is selling products of your own or a site that affiliate other products or even a site that has existing traffic for Adsense revenue.
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