Thanks to the internet, there are countless ways to make money. You can make money as an influencer on social media. You can even choose to sell different digital products like audiobooks and ebooks. However, not too many people talk about the lost art of website flipping anymore. Anytime you’re using the internet, you’re on a website. Ironically, there aren’t too many people who realize that you can create a website, let it age over time and then flip it for a profit.
The Lost Art of Website Flipping
Though it’s not talked about as much, it’s still a really lucrative endeavor to consider. Truthfully, it does take time to develop. There are lots of strategic ways to enjoy the benefits of this type of effort.
Purchasing an Older Site [One of Great Choice]
First, you’re going to want to visit different websites that tell you the latest websites for sale. There are many cases and scenarios you can run into here. You might find sites that are available solely because the original owner forgot to update their registration. As a result, they really do still want the website. Unfortunately, they’ve forgotten that major detail. You can swoop in, purchase the domain and hold it until the original owner approaches you about buying it back. When you sell it back to the owner, you can sell it at a rate that’s a lot higher than they would have originally purchased. You can do this because you have the upper hand. You have a product that they want.
You can also anticipate different domain names that different people might want. Once you purchase those domain names, hold them until someone approaches you about purchasing them. Take a look at the different endeavors that celebrities are dipping into. If a particular celebrity tends to hang out in the beauty world, consider buying the domain names that include the celebrity’s name and words like ‘skin’, ‘beauty’ or ‘makeup’. These domain names can prove to be extremely lucrative if you hold out and check domain age also by domain age checker tool.
You can also visit websites that show you different aged sites that you can use to your advantage. It doesn’t really matter if the site is about home decor, politics or rare bug bites. It’s wise to just look at different sites and the amount of time they’ve been developed on the internet before they went down. You’re not looking for a website that focuses on a passion you have. You’re in this endeavor to make money.
Building the Site Up [Do You Have Skills?]
Once you’ve secured the website you’re looking for, it’s time to build it up. You can choose to use different platforms and website development sites to create an appealing site that somebody would want to purchase in the future. You can also have different elements of the website. The first element can cover blog posts. When you’re creating a blog post, you’ll have to include keywords. Keyword Research is essential because it allows people to find your page quickly. This is what will add value to the site in the long run. Once you combine the power of keywords and blogging on a consistent basis, this will allow the search engines to recognize your site as an authentic resource that serves as an authority within that particular niche. Then, you’ll want to consider how you can monetize the site. You can add different advertisements to different components of the website. You can even choose to open up an online shop. If you open up a shop and choose to do e-commerce on the site, you’ll want to make sure you have the right back-end to support the purchases and transactions that will happen on the page like Big Commerce.
If you are choosing to do an e-commerce method, it’s wise to use drop shipping as a major component so that you’re not the one doing the heavy lifting. Furthermore, it’s wise to hire a writer to create blog posts for you. You want this to be an effort that runs without you putting in a lot of work. Because it will take time, it’s best to hire somebody else to work through the time you own it. When they do the work to develop the site, you can then flip it for an amazing profit.
Flipping & Profit [You Must Know]
There are different tools that will show you what your website is worth once you’ve built it up. Then, you can use those tools as a barometer for you to know how much you can sell your website for. You can choose to keep the website if it’s generating a lot of income through ads and sales. However, if you don’t want the burden of that website anymore, you can always sell it for a major prophet. It’s also a great idea to consider managing multiple websites at one time. If you repeat this process and have different projects going on at the same time, you can end up making a lot of money. In order to make sure everything is sustainable, it’s wise to have a team of virtual assistants who can manage tasks like blogging, posting images and managing different requests. As a result, website flipping can be the perfect source of passive income that you didn’t realize you needed.