Web Site Flipping

Smart web entrepreneurs understand that web space is like real estate. There are only so many words and phrases that are economically viable for domain names, and popular phrases, if used correctly, can be as valuable as downtown office space. The idea behind flipping web sites is much older than the internet itself. It’s the same idea behind the age old tradition of flipping houses, which involves buying a run-down, old, or otherwise devalued house, fixing it up, and selling at a much higher price. The same can be done with websites and underused domain names. You can even earn money just buying and selling domain names. There are many sites where you can buy and sell websites. Two sites that are very popular are Flippa and Website Broker.

The Ultimate Guide If you’re interested in giving website flipping a shot, follow these basic steps: 1. Acquire a website.  Look for domain names have a lot of unrealized potential. For example, say you hear a rumor that powdered wigs are about to make a huge comeback. Does anyone own powderedwigs dot com? Check it out, and if no one owns it, snatch it up. Or, if it exists but is not very well-run, inquire with the site owner about making a purchase. Of course, if powdered wigs aren’t your thing, an important point to keep in mind is that you’ll be fixing this website up. So it will be best if the web domain is related to an area that you have expertise in. For example, if you’re a web entrepreneur, check into domain names that relate to what you do in your business. That way, there will be less research and less overhead involved. 2. Fix the site up. There are many options for doing this, depending upon your level of skill and experience with web design. On one hand, it’s possible to acquire website templates that prevent you from having to write a single line of code. On the other hand, a little bit of skill with web design gives you the ability to make your websites creative and specialized, which will help when it comes to selling them. Alternately, you can hire someone to fix up websites for you. But of course, many website flippers consider this an unnecessary expense.   Once you’re through with the website portion, don’t neglect the website content. Sure, whoever buys the site will be able to put whatever they want in that space. But having high-quality content that is not just filler will make the site that much more attractive for whomever you sell to. 3. Sell the site.  Register for one of the many website auctioning services, which are easy to find through a Google search. Different sites have different practices for the buying and selling of websites, so make sure you know what you’re getting into. Browse existing listings, and read all the fine print when signing up. And that’s all you need to know. Flipping websites may seem difficult at first. But trust me, once you get the hang of it, it will all go very smoothly, and the number of websites you are able to flip will be completely determined by the amount of time and effort you put into it. The above has been blatantly stolen from Work From Home Australia, a great site that helps teach different ways of making money online. I am going to see if I can secure a nice cheap website and work my magic on it if lucky. Will let you all know how I go ... if I can secure one in my price range of absolutely nothing (or close to it)! ;)

Missing in Action

Ok ...  Ok ... There haven't been any new posts in a while & I slap my own wrist for this.

I blame it all on Microsoft and those Xbox 360 toys! Damn ... I get hooked every time! Have now got to concentrate. Christmas is coming up and I could always use the money. ;)