Friday, November 26, 2010

Simple Tips to be Successful with Site Flipping

By Anna Lucas


Buying and selling websites on the Internet isn't new, in fact it's been happening since the advent of the Internet. In the past few years, many small time entrepreneurs entered the site flipping game and now you can see Internet marketers successfully selling old and new sites for profits. You are about to read about three site flipping methods that will really take you far in this industry.

If you want to ensure that your website gets high bidders, then you need to give potential buyers the proof they need that your website has a lot of visitors. Google Analytics Data is perfect for this. Most people who are serious about buying websites will want to see this data before they place a bid.

When your site goes up for sale, make sure you don't over emphasize your site's description. The more overzealous you get when describing your site, the harder it is going to be to convince people that you're not unloading your site because there's something wrong with it. Keep from making statements like "You've Never Had an Offer Like This", "Last Chance Site Special!" and other statements that sound like you're boasting too much. Also, try not to boast about how much traffic you foresee the website getting. If you are only making a few dollars with your site, don't put in your site's description that your site has the potential to earn thousands without doing any work. People aren't going to be fooled, and they're really going to wonder why you would choose to unload a site that earns so much. It's all about using your experience and knowledge to create a description that perfectly describes the website's potential in the most honest manner. You should always be completely transparent in all your dealings with your buyers and that means keeping away from hyping up your site. There are many experienced site flippers in the market that can easily figure out any false information. So before you create your site's description, make sure you sit down and really figure out the main points of your site so that you don't use any hype. Do not sell a website the same day you create it, as this is a common mistake. There are too many e-books out there being sold that falsely educate people to create free Wordpress blogs, work on them for a minimal amount of time, and then sell those blogs the very next day. This technique used to be wildly successful, back when people were nuts for Adsense, but today the buyer is a little more wary. That means that, to make a sale, your site needs both traffic and money coming in. You may find that new websites sell occasionally, but the profit margin is miniscule. It would make better sense to keep your website to yourself for a while and actually work on it before you try selling it to someone else. Years might be a little long, but a couple of months will work fine. This is how to work smarter with website flipping, instead of those people who don't work smarter who don't make nearly as much money.

When it comes to your site flipping business, you need to be real choosy about the niche you are buying and selling sites in. If you decide on a niche that doesn't have a lot of people vying for it, then your business isn't going to go very far. The niches that make the most money are the ones that have a high search volume and lots of internet traffic. Alternately, you can visit a website like Flippa.com, where people to go to buy or sell their websites, and that will allow you to see which sites are selling the most. If you just take the time to do the proper research, you'll be able to target those profitable niches in no time. There will be times when you want to go after a niche because you think it will bring you tons of money, but unless you research the demand and keywords, you shouldn't make a move just yet.

When you start an auction on a site like Flippa, you should make sure that you answer each and every comment. The reason for this is, even if you have a clear description, people will still ask questions, and they'll post them in the comments section. So why do you really need to respond to the comments section? That's easy: it will assist buyers in bidding on your site and your site will also receive added credibility.

In summary, site flipping has turned out to be one of the most lucrative online businesses today, so if you want to start with it but haven't done it yet, now's the time.




About the Author:



No comments:

Post a Comment