Flipping Website
Have you ever thought about flipping a website, it can be a way of making good money online. It is something that I have thought about in the past, but not actually taken any action on and there is a reason for that, which I will share with you, but I must admit it is something that I am going to take a closer look at.
If you look at websites on the Internet, they can be seen as real estate, they are virtual real estate. You see they all have a value, whether $1 or $1000,000 they all are worth something and you can build a $1 website into being worth millions if it is really successful. So what is site flipping? well it is like buying a house and then re-selling it for a profit, except you are doing it online and instead of houses it is websites.
Like I said I have thought about this before as a way of making money and it would suit me as I like design. I could build a website, make it look good and then sell it, but the thing that stopped me from doing it was that I did not think that anyone would pay much for a website that was not making any money or had a lot of traffic, which is pretty logical really when you think about it.
But may be I was wrong (I can’t believe that), you see I have seen evidence that this is possible. As you know I am a member of The NicheBlogger and have been for over a year now and it is a great thing to be apart of, it was where I started to make a break through with earning money online. At The NicheBlogger there is a forum that all the members take part in either helping each other or sharing their success stories or keeping other members up to date with their progress online. As you can imagine as members progress and they get new ideas and make them happen, they share this with the other members, it is a good way to promote what they are doing and sell their new products.
This is where I have seen evidence that a website does not have to be making any money or have a lot of traffic to make good money from selling it online, there are two members there that are making money building and selling sites. So this has made me think about taking a second look at whether I should add this as another online income stream. I have a number of sites, some making more than others and there are some that do not make a lot at all, which is kind of down to the fact that they do not get the attention from me that they should do, so to test the water I may put these on the market and see what happens.
If that goes well I might then build a few more as I love this part of the process, I love setting up a new site, so I could set up some new ones and sell them on and this might be a new found income stream. I do not know that much about this subject yet because as I have mentioned I did not think it could be done with sites that were not making money and did not have a lot of traffic, but now I know different I shall find out more.
I plan to come back with a post that shares a more in depth review of this flipping process at a later date, so look out. In the meantime I feel it is only fair to share with you, the two members of The NicheBlogger that are participating in this income stream, so I am going to place a link to their websites on their names, they are both really nice ladies and take an active part in the members forum I have mentioned, they are Michelle and Ruth, so go check out their websites and read what they have to say, Michelle has just put together a Ebook called Learn How To Build And Sell Niche Blogs, so if you are interested in this income stream then you might want to take a look at what they have to say, otherwise just checkout their sites.
