How To Make Money Online by Website Flipping
Dear Internet Marketer,
After long research online, I've got a new money making idea. I like to share it with my fellow friends. Please feel free to contribute your new ideas about website flipping.
is the art of purchasing, improving and selling websites. The term comes from the property industry where investors will purchase a property, renovate it to include value, and then sell it at a higher price. Website flipping is essentially exactly the same process online. A trader, or investment group, buys an established website, adds value into it after which sells the site in a higher price. With the price of entry into domain flipping increasing, following the sharply increasing valuations of domain names, website flipping is becoming more financially available to the average investor when compared with website name investment.
The Steps involved with Website Flipping:
1. Buying - You have to find a suitable website to buy. Don't let yourself be fooled, whilst this sounds easy, it is the first thing to do as well as the one which many people do incorrectly. For tips about getting a suitable site to buy, get in contact for some advice.
2. Enhancement - You have to add value to the website. Generally you have to make changes that increase traffic or income. Increasing either or these two factors, significantly will almost guarantee a profit (if you paid the best price originally).
3. Selling - You must now sell the web site. Generally it might be best to sell the site in the same place you bought it as the marketplace value that determined the price there will be the same. So any value added towards the site, theoretically should produce a higher market price and deliver you a profit. For those who have an established website that you might want to sell, we can offer suggestions about how to begin finding buyers.
Thanks.
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