A most read: 5 Proven Ways to Make Money Online
In a short terms, domain and website flipping is a simply process of buying a domain name and building a website around it then selling it for more profits. This is a very clear procedures one can apply to make great fortunes from the Internet - and there are more effective ways of doing it, as you're about to find out. Domain and website flipping is potentially a lot more profitable and a little more challenging. As matter of fact I termed it "Internet Real Estate," because you'll benefit from it on the long run.
Buying a Domain Name: The first sure ways is to start from a scratch, by selecting a responsive domain name ( it could be a niche based or general domain name ) build a website around it, develop it until it gets a good amount of traffic and interest from the people who are into that subject or niche. This can take a little time as you will need to submit your site to Google webmaster tools to be indexed in Google before you can take a good advantage of traffic from search engines. You will also need to submit the website to some other several search engines like Bing, Yahoo etc, to generate good volume of traffic. In this process, you can build a website that has money making potentials by integrating elements such as Google AdSense, paid advertising and affiliate links and get paid monthly while developing the website for potential buyers.
Buying And Flipping Already Build Websites: This is what I call "Tapping into the real Estate of website flipping." Yes, the old wreckage building you bought some times back, upgraded and refurbished can fetch you multiples of your capital. Very similar in the case of buying and flipping already build websites.
Unlike the first route of website flipping by "buying domain name and creating a website with it and selling it off at the course of time". This second tricks is to look for a website that someone has built, which gets reasonable amount of traffic, and make a mouth-watering offer to the owner and he will be too pleased to get shot of the website. After necessary arrangements and payment has been settled, you now becomes the new owner which gives you the chance to really develop it more, and build on the traffic and potentials it already has. The more the traffic, development and reputations a website possess the more better chance of attracting a potential buyers with good offers.
Before attempting buying any website, keyword research is very essential to reveal those subject areas and keywords which are popular online that will continue pulling in traffic thereafter. After you might have make some dollars from the website, you can think about selling it. There are a number of websites and forums that has sections for flipping websites, depending on your capabilities and the traffic you are getting. You could be making anything between a few hundred dollar to a thousand dollars by flipping just one website.
Ones you're done with any of the above tips, no doubt, you should have lean a lot from the experience, it's a case of rinse and repeat. Don't forget you need a few months to go by before you make your first sale since the website has to undergo a few development, traffic and some backlink building.
Before you set the ball rolling making make flipping domain names and websites, why not leave a comment in the box? We always like to hear from our readers. See you on my next post cheers.