Flipping Websites Using A Reseller Account
You may be able to buy a new flip phone just by flipping a few smaller websites
There are many ways to increase the value of a site that you have so that you can flip it for a profit. Make sure that you have at least 10 articles that each focus on a different keyword or phrase. Also, make the site more appealing by offering free hosting for it.
The best and easiest way to offer free hosting is through using a reseller account. One that I recommend is hostgator. You can offer the hosting for a year. Keep the space adequate and the bandwidth at a reasonable level. If the site is small you can safely offer less space. This added feature will make your site more attractive and you will be able to command a higher price for it.
Make sure that you provide great customer service during the transfer. Offer to make the transfer for free, it will take only an hour of your time to do so. Also, check back with the buyer later on and ask about how the site is progressing. If you treat your buyers with respect, they may turn into repeat customers.
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Domain Flipping Combined With Developing Small Websites
Domain Flipping is similar to house flipping, but the biggest difference is that you can spend a lot less money on a new domain name and still make a profit. Housing flipping can cost thousands and even hundreds of thousands of dollars per house which places your money in a limbo state that could backfire financially.
Newbie domain flippers believe that they can just buy domain names based on a few tasty keywords and then bingo, the money starts rolling in. Wrong answer. The best method for flipping a domain name is to start to monetize it right away. Add articles with great content to the new name, start talking about it in the forums, link to it from your other domains. Place a few targeted ads on it and let it sit. After a few months, the aging process starts to work wonders and search engine hits will appear. More traffic means that more people are exposed to your domain name. Now is the time to try flip it if you need the cash for another project.
It might seem like a long time to wait. In the meantime, repeat the same process over and over with your newest domain name purchase. Set a goal of opening a new site once a week. After the first three months, your first site will be ready to be flipped. You can start advertising it for sale on forums. The details such as the alexa rating, unique visits, profit per month, will affect its value. Most smaller websites that are generating organic traffic as well as an income, seem to sell for about 10-15 times the monthly income.
Do not be afraid to flip a portion of your domains. Your favorite sites should be kept. Nevertheless, if you need the funds for a larger site purchase, selling your flippable properly aged domains will free up the needed equity. Domain flipping is definitely a tactic that you should add to your make money online arsenal. It does take time, but is does not cost a lot per domain name. It will expose you to the world of buying and selling domains in a very interactive fashion. Any time that you try out a new technique, even if is doesn’t work well for you personally, the lessons learned are priceless.
What is your opinion on domain flipping ? Do you flip a domain before developing it ?
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