A Simple Guide to Flipping Websites
If you’ve already built a successful website, then you understand just how much work can go into the initial phases. From curating an appropriate amount of content to designing the website itself, there is an initial amount of work involved that can be frustrating. This is why an increasing number of people are willing to pay big bucks to forgo this struggle, instead opting to purchase ready-made sites that already have link juice, SEO clout and premium content. Flipping sites, as it’s called, can be a great way to earn a living – without having to continuously maintain the websites yourself. Today, we’ll walk you through the simple steps of earning money by flipping websites.
Building/Finding Your Websites
The first and perhaps most challenging part of flipping websites is coming up with your content. In some cases, you may be seeking to flip websites that have already been built for a small premium. In other cases, you may take on the responsibility of pinging websites with content after designing them from scratch, thereby being able to earn more profit from each transaction. Most people opt for the latter method, which means you’ll need to find a streamlined way to create each website. From finding the best deals on domain names to utilizing the most efficient web design options, practice makes perfect. Additionally, you’ll want to understand how best to create content efficiently, which will be the biggest component of any website you create.
In order to successfully execute a sale, you’ll first need to find a marketplace. Places like DigitalPoint forums are ripe with content creators attempting to sell their newly-created websites to interested buyers. Not only can you find plenty of potentially interested buyers, but you’ll come face-to-face with many sellers, too. This can be a learning experience, as you’ll be able to evaluate the tactics, pricing and styles of other, more established sellers. Ultimately, you’ll need a competitive edge in order to be successful at flipping websites – make sure to clearly outline what people will be getting, and consider adding as much value as possible in the early stages. This will help you score those first few successful sales, which will bolster your portfolio and make it easier to demand higher prices in the future.
While most marketplaces have escrow services to ensure a smooth and easy transaction, you’ll want to always make sure to cover your bases. If you’re dealing with a private buyer outside of the usual marketplaces, then you’ll want to enlist a third-party verification tool or platform. If you’re using a site such as eBay, then you may wish to use an auction format rather than a Buy It Now solution to encourage competition among multiple buyers. Additionally, be careful with niche selection; some niches are naturally going to generate more interest than others. You don’t want to end up with a website that is so niche that it never sells.
Site flipping can be quite lucrative once you’ve gotten the hang of it. Many people would rather build the basics of a sound website and then sell it instead of trying to cultivate it over the long-term. There is plenty of room for profit by pinging websites for sale, but it’ll take some practice and effort. If you already own a website, how much would you have been willing to pay for a website that was already designed, built and featured content? Tell us below about what you’d expect from a pre-built website.