
The author of this post is Brian. He is the blogmaster of Domain Structure which essentially is an online blog that helps other webmasters and domainers increase adsense revenue while offering them easy ways to save money when purchasing domain names and hosting. I’ve invited Brian to share with us how he makes money online …Flipping Websites. You can subscribe to his RSS feed for more updates.
So you’re looking to make money online ? You have setup your site and monetized it with AdSense and other programs in hopes of quitting your 9-5 job. You have even attempted some affiliate marketing in hopes of creating a second stream of income for you and your family. But have you ever thought of flipping websites?
Flipping websites is done just like flipping a house. Your goal is to try and create a nice looking blog / site in hopes of being able to sell it off as quick as possible. Flipping websites is becoming one of the more popular ways of making money online. One person can easily create a nice looking blog / site in a matter of days and have it sold within a week.
If you were to browse eBay and look at active websites for sale you can see the market for flipping websites. Now I can’t guarantee you will make millions of dollars flipping websites but you can turn a profit. The one thing about flipping websites is that you can actually sell the same website multiple times. I just recently sold one of my blogs and if I really wanted to.. I could sell it again. I still hold all the files.. all the database information etc.. all I would need to do is purchase another domain name.
The blog I recently sold was purchased for $65.00. I payed $39.99 for a two year domain registration and $4.99 for a 1 month hosting package. The blog had earned about $10.00 from AdSense so with this sale I was able to walk away with a profit of $30.02. Now I know that is not huge amounts of money but it is still a profit. Especially if I can sell the site again for the same price.
Flipping websites always gives you the opportunity to make some money from affiliate links. Give the buyer a little bit of a discount if they sign up for a hosting package from you. Of course the hosting package you are offering is going to be one from your affiliate partner.. ie Commission Junction or something along those lines.
All in all.. expand your horizons and dip into flipping websites. Once you get the hang of things you can be flipping multiple sites a day and making some extra money on the side.
From Peter Lee:
If you are already in the know in the field of website flipping and selling websites online, do share with us how you’ve built your niche websites to make a quick buck.
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Fri, Oct 3, 2008
Link Management, Make Money On Blog, Newbies Starting Out, Website Promotion