Website Flipping is one of an Intelligent and Top ways for making money online. There are so many Pro Internet Marketers, who are using this excellent technique for earning huge and sufficient money. The basic idea behind the website flipping is to create a well established site and then sell it for earning huge profits.
To make this process more easy, many famous websites like Sedo, Flippa etc come and play their role to support you. Although they take little bit discounts, but it doesn’t matter for this realistic work.
Now you are thinking that “I have got Google Adsense, CPM, In text Ads or Affiliate Marketing Programs and I am earning with that, then why should I choose this way??” So I want to tell you that it is one of the most preferable ways, if you come to the point of constant online income. It is always good to be creative and finding new ways of earning online. It can be profitable for you in blogging ways also. You can always able to explore new ideas in the market. Thus people join your community and make you the authority in the Internet World.
Now definitely a question is sticking to your mind about the exact definition of flipping of website. so the answer is here.
What is Flipping of Website??
Flipping of website is a process, where you create a website, make it popular, develop it as a user friendly and sell it at a good price (in dollars). It is a process like “Buying a house, renovate it and sell it again for gaining the extra profits”.
#Two common types of website flipping which is generally used in these days:
- Create something which is different from others.(like:bewakoof.com)
- Buy already created websites at low cost, popularize it more and sell it off.
Obviously this is a good method to get huge profit but yet many bloggers are not aware about Flipping websites, which can’t be an ideal thing in the blogging world. Being a blogger, you are supposed to know about this famous way of earning.
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Excellent Steps for Making Money with Domain or Website Flipping:
(1) Select a niche of Domain with perfect name:
It is very necessary to decide the exact niche of a domain that defines the quality of content you have. In short you must focus on deciding your domain name with the content as well. It will help you to get good Alexa Stats as well as Google Page Rank also. You should always avoid special symbols while deciding the domain name. If you are interested to develop Online Money Making Portal then you just focus on that type of niche with perfect domain match. As an example our portal name: Moneybies.com.
(2) Purchase Domain or Website in low cost:
You should most probably prefer old domain to purchase. You can also purchase domain or website if somebody wants to sell it at lower rates. Set a justified bid here by taking quick and intelligent decision. You must take care about your niche also. It should not be mix at all. You can take the help from some good domain name finding websites or more domain name suggestion tools. Once all these things done, buy your chosen domain name with a verified company and register it for 1-2 years.
(3) Revamping your website with Best practices:
After purchasing a website with well define domain, you need to justify this with your content as well. You can give it professional look as the people like. You must optimize your site for search engines or targeted content & visitors. You should understand that optimizing a site for search engines is not the big task. You should optimize your site for your visitors. So they can approach to you for queries. Hence you can get the more clients for your site.
(4) Website reputation matters a lot:
Has your website become popular?
Are you getting enough traffic to your website?
These questions are very important while we talk about good websites reputation. It is very important to properly describe you website with all stats, certificates and medals. You can also choose powerful keywords here for attracting your clients. You should surely review you website for all these focusing points before going to sell it.
(5) Selling your website/domain at a professional cost:
It is last and very much important step in flipping of websites. Here,you need to find the clients, who are interested in your web portal. You can go with Flippa for selling your domain. The most important point is that you will get good clients only after you show him the proof of your site stats. As examples: Organic Traffic, Google Page Rank, Alexa stats, Referral Traffic, Adsense or Affiliate Revenue, Link Building of the site etc. Next important thing is to convince the client by showing your bargaining abilities. You should fix your profitable amount, where you can’t get lose. Although it takes your so much time to establish a blog but once you stable here, you can easily earn unlimited revenue.
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Most Favourite Networks for Buying & Selling Websites:
Now you blog is ready to sell but you are not able to find the clients. You don’t know any authorized network for buying-selling purpose. You all social media fan pages are also not working for you. What will you prefer now??
Don’t you worry about it!! The solution of this question is given here. There are many platforms and networks available where you can easily sell your blog at a decent price. Some of the sites give you a free option to sell your blog and some charge a little fee for listing and sale it.
From the above list, you can choose any of a single platform or may be all for selling your domain or website in exact price, what you want! Most probably people choose Flippa as the most popular and ideal choice.
Also Read : 7 Real Ways to Make Money Online with your Hobbies
Also,you can try unconventional way like Facebook fan page for announcing the offer, and you might get a better offer from your readers. This technique of money making is also good for many reasons like “You have a well established blog and don’t have time to update it”, so put it into the bidding.
Conclusion:
Flipping website is not an easy task for the beginners, but it is more easy for the experienced persons. You definitely need to work smartly & creatively here. You have to spend you valuable time also but when the output comes, it likes to win the gold medal here. Surely you can’t calculate your earning. Thus it becomes Happy Business for you!
Don’t forget to share your views about Flipping Websites!! What do you think about this way of earning money online??
I like this post very much Vivek, as the stuffs are clearly explained.
It resembles like my writing style 😉
Yeah, website flipping is getting popular now days.
In simple words, just we need to buy a website at low rate, improve its traffic through genuine ways and sell it with good price.
I like this concept and wanna execute it.
Thanks for writing the useful stuffs, keep doing it 🙂
I am not surprised to see your comment here Nirmala mam.
But I am surprized to see that you resemble this post like your own one.
Thanks for these valuable compliments. 😉
Now If I talk about post, you have got and picked up nice points here.
Although it is not the easy way to earn money with it but if you work genuinely then this way becomes one of the profitable ways in Online Money Making.
Again thanks for your kind words. 🙂
Hi Vivek,
Good to be over at your blog 🙂
Yes indeed, many people, especially the experienced or probloggers are getting into re-doing older wbesites and selling them as new, or what you call flipping websites. However, as you rightly mentioned, it has to be at a lower cost, and perhaps also needs to be a little older than yours or does the rank at all matter. Yes, the domain name is very important as well.
I agree, for new bloggers it’s not easy to do all of this and they first need to make a name for themselves or do up their own blogs, and once they know their way about, then proceed with flipping.
Thanks for sharing. Have a nice week ahead 🙂
Hello mam,
First it’s my pleasure to see your comment on MoneyBies Network!
Yes! I totally agree with your all points, which you mentioned about website Flipping. However it’s not easy to do this work but If you are passionate about something, you can easily achieve that thing. This is the whole concept!
Thanks for commenting here! 🙂
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Thanks for the great information it help me a lot coming for more
You are always welcome here Jacob.
Keep in touch with us for more energetic information. 🙂
Hi Vivek,
Website flipping has become the norm with many making some cool cash already! I’m going to give it a try as well some time to come!
Hi Emmanuel,
This is a nice move you are taking for making online income.
Surely it will be proved as a cool way of making money for you.
Thanks for commenting here again.. 🙂
Hello Vivek,
It is a well described article. This guide is a perfect guide for helping in understanding the concept of website flipping. I am looking website flipping is becoming a trend to earn money and it is a good way. Thank you for well explained article buddy. Have a nice day 🙂
~Ganesh Narayan Gupta
Hello Ganesh,
Thanks for commenting here & appreciating about this energetic article.
I tried to discover each and every important point in this blog post, which are either true also.
If we look around the blogosphere world, by by everyone get used to it..:D
Anyways again thanks for commenting here. 🙂
Hey Vivek! Any chance you can add Empire Flippers to that list of websites to sell? We personally vet every site that asks us to list so all the websites for sale are legitimate and earning consistently. You have a much higher chance of getting a high quality site from us than Flippa. 🙂
I have heard first time about this empireflippers!
Looks so interesting it is!
I will think upon this and add in this post, while it will be updated!
Thanks for sharing your site with us! 🙂
nice post sir. It will help me. I want to sell one of my domain , which is I am not using. thanx for this post and giving right place to sell…
hey vivek,
good to read your post and experiences on flipping,can you give me a guideline on how to design a professional blog either blogger or wordpress.using of tools and themes are not my problem but how to design,kindly drop any ebook or link on how to design one.i will really appreciate it.thanks.