Website Flipping Again

I received quite a few comments about my Flipping Websites post, that showed disbelief about the success you can have with this money making strategy.

Yes, when you want to flip websites, you have to be careful and yes, you have to know what you’re doing. But isn’t that the case with any business?

Anyway, one of the positive reactions came from Thomas C. Gajdjis.
Thomas started business online in 2003 with a successful computer and computer parts business. Since then, he has moved into online marketing, online business mentoring and affiliate income programs earning good money at home and not shipping products.

One of his posts on blog flipping on one of the best Internet Marketing forums has garnered over 19,000 views! His best earning strategy to date is blog and website flipping.

Thomas offered to write a post about his website flipping business. I accepted immediately to show you how someone can succeed. I don’t endorse his business, since I’ve never used it, but it seems he’s quite successful.
Here goes.


Website Flipping
Photo Credit: hyperlegs

So many people have asked me what blog or website flipping is about that I decided to write an article that details what is involved in an easy to digest manner.

Blog or website flipping is very hot right now. Part of this can be attributed to recent articles in high profile newspapers and financial magazines. Another reason is that almost anyone can make money doing it. I decided to try it out and am happy I did. Here’s what is involved it website/blog flipping.

Basically website flipping is a process that involves finding a website that has potential and purchasing it, fixing it up and then selling it for a profit. That was too many steps for me so I decided to shorten up the process a bit to make it simpler and easy to do.

The result is what I call blog flipping. First off, we build our own website instead of buying an existing one. Second, I decided to use the blog as the website platform of choice.
Why did I choose blogs instead of simple html-based websites? Here are some of the most important reasons for choosing the blogging platform:

  1. Setting up a blog is quick and relatively painless.
  2. There are many free themes available to dress up your blog and increase its resale value.
  3. There are many free plug-ins to make your blog interactive and user-friendly.
  4. There are free plug-ins tob monetize the blog and optionally to grow a customer list.
  5. It is really easy to update the blog with new content. This is important for the sale as non-techie business people want product, not hassle.
  6. Search engines love blogs.

Once you put the blog up and install the plug-ins and theme(s), you need content. I personally like to write, so I write the content for my blogs.
There are other ways of getting the content you need. A simple method to getting content is to search for your topic on popular article directories (ezinearticles.com is one) and publishing that content on your blog. Be careful to observe the article directory’s terms of service.
Another popular method is to hire a writer. There are many writers out there who will write content for you at a great rate. These writers hang out at webmaster forums, Internet Marketing forums, etc. Ask for a sample of the author’s writing first.

Once you have at least 15 to 30 articles on your blog you have two options. If the site is less than 30 days old, you can sell it as a turnkey website over at sitepoint.com.
I prefer to promote my websites before selling them. If your website is older than 30 days and has traffic and income, then you have a much more valuable commodity. Established websites can sell for thousands of dollars. It is well worth your time to get traffic to your new site before selling it.

Regardless of whether or not you want to sell your site immediately or down the road, you list the website for sale and after getting paid, you transfer the site to the new owner. That’s all there is to it and you can repeat the process over and over for more income.

I created a new weight loss blog as an experiment to prove to myself that this is a profitable, viable, repeatable business model. I have a free write-up of the experiment here: www.blogflippingfool.com I also created a paid version that shows you how to build a business by flipping blogs. All my resources are included and I actually expose my 5 favorite niches!


As you can see, Thomas is quite successful flipping websites.
How about you?
Any experiences to share?
Post them below.




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7 thoughts on “Website Flipping Again

  1. Jacko J says:

    I am thinking of flipping blogs and selling them. You had some really helpful tips there, thanks.
    You have any idea where to sell these blogs? On Ebay?
    Or is it better strategy to just build them for yourself and promote affiliate products?
    Thanks
    http://johnssonsblog.blogspot.com/

  2. Joe says:

    This was a very informative article. Are you using primarily new domains or do you buy pre-owned domains at freshdrop? Some people feel that the risk of ending up in the Google sandbox is minimized if you purchase a domain that is at least a year or two old although it is sometimes tough to get one that has the keywords you want in the domain name.

    With regard to Google loving blogs, I agree completely. Anyone who asks me about building any sort of business online alwasy gets that recommendation from me. Start with a blog.

    Thanks!

    Joe

  3. Montan says:

    Switching to these many business at a time is not a joke but you get succeeded in it..I too need inspiration from you to get into the work efficiently…

  4. Wall Words says:

    I agree with you 100%. Flipping websites can be VERY profitable. I have a friend who purchased a website, built it up and sold it in Dec. for over $100k. So, I’m a believer.

    Anna
    http://www.wallstamps.net

  5. Abdul says:

    For me there is a simple rule:
    -Buy website
    -Pimp design
    -Work on it’s Pagerank
    -Sell
    Hopefully make at least a 20% profit, although I have not yet tried simple buying and selling websites!

  6. Karl says:

    What i found that has been a success for me, is not to have too many projects at once. i see people pick up 10 websites once and then they burn out, and don’t know why they can’t improve the websites.

    Stick to one project at a time.
    http://stocktonhomesforsale.net

  7. turnkey websites says:

    its not always buying and selling of websites gives you success work on it promote it and see what you can expect from the website you have started.

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