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If you’re aware of flipping things for money, flipping websites is one way of doing that
Like all other flipping business, you need to develop or realize which websites have the potential to grow
Only If you build a plan to enrich and enhance these websites to add values to them
After that you know what should come next
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You list your enhanced website on sale then you rinse and repeat the flipping process
That’s why I am going to discuss below everything related to flipping websites
What is website flipping?
Website flipping is the process of buying an existing website as is to enhance it
Also to add contents and build backlinks pointing to this acquired website
The purpose of buying this website is to sell it later on with higher price
Although any flipping business deals with physical item
Flipping websites deal with digital product the website itself
Think of that like an investment that requires money and time
The more time you add the more you will be able to add contents and build backlinks
Is website flipping legal?
Yes flipping website is totally legal and same applies for flipping domains
What is illegal is cybersquatting
Which means you buy a domain that looks similar to a well known trademark in an effort to trick visitors
You do that for the purpose to sell this domain to the trademark company
Step by step on flipping websites
The steps below don’t work in sequence
You can do all of them at the same time
I couldn’t believe it when I saw many sellers their names listed many times on the flipping sites
They do this flipping websites business as the main source of income
Anyway you should at least start with the first step below
Evaluate the domain name
This is a crucial step in flipping websites
It is a good step for any visitor looking at your website
The first thought that comes to his mind
Does your domain reflect your content within your website
There are so many domains that have meaningless names like netaqate.com
Yes that was one of my domains
I made a mistake buying it for cheap and it turned out to be a wrong decision
Sometimes original owner buys a domain with the intention of writing contents that relate to that domain in question
Then owner ends up shifting the writing pattern to create contents that don’t pertain to the domain name
Watching a proof of traffic is only thing that divert you from buying irrelevant domain
Purchase existing website vs build your own
In flipping business the amount of content on existing website dictates how much it is worth
If you deal with content writing site that charges something between 10 – 20 cents
Let’s say 10 cents and you have 100 articles as known as posts
An average of 1500 words per article
That’s around 150,000 words multiplied by 10 cents
So as a fair amount $15,000 is what you pay for writing this content
Take into consideration that this price is negotiable if you don’t have enough ranking
Think about it the other way around
What if you have to write this 150 articles
How long does it take you to complete 150,000 threshold?
If let’s say you need 500 hours to write these 150 articles
Let’s say you take 5 hours per day dedicted to writing
Keep in mind in flipping websites that you are writing contents that have images with some research and references to other sites for citation
You need around 100 days and that number can be longer
Why? simply you are writing contents that resonate with your readers
At first, you pick 20 posts and spend some days measuring the reaction
I would say 150 articles can take you 6 to 9 months to complete
Improve profitability on existing website
When I first started my blog I didn’t realize all competitors’ services there
I used to pay for email autoresponder then I discovered free autoresponder up to 1,000 subscribes
That’s what you need when you start flipping websites as you are still ramping up
Yes that’s true with a service like Moosend or MailerLite
That’s one example in the equation
Also web hosting can be pricey with less features
I was really ripped off until I came to Siteground
That’s why I decided to switch to Siteground for its great features
Add digital products to your website
Sometimes you look at website you find interesting contents
Plus an attracting lead magnets sign up
Everything looks promising and working as expected
Except it is missing one thing
It is missing the actual digital products that you need sell to your audience
If you have an interesting contents that keep your visitors on your website for a bounce rate according to Google Analytics for less than 70%
What are you waiting for?
Why you don’t use your contents and get ideas to create digital products
That would make your flipping websites worthy its value
I don’t remember seeing nowadays a website without at least one social media account
Sometimes it can happen that you can see a website that has tons of personal photography
May be it is about fashion, gardening or even cooking
But it is missing a visual social media account like Pinterest or Instagram
Just add the missing piece you have a visual content then add visual social media
Start selling your flipped website
The decision of selling comes from getting a selling proposal you like
You can list your website on flipping sites listed below
If you don’t like the offers you can take it off and relist it again later on
Let’s say your site makes $250 you can expect $6,000 as starting price
Keep in mind the monthly sales should be steady
If this $250 comes from thanksgiving and all months make $50 for you
That’s not considered a monthly income
Where to find websites to flip?
In any internet business there is always the first mover
Or one website which managed to make it to the top
In flipping websites we have Flippa as number one in business
The remaining websites can be used too but not like Flippa
We have Sedo for buying domains – you buy domains from there
The point here is that Sedo is not mainly focused for flipping websites
After that we have WebsiteBroker.com competing with Flippa
Also Empireflippers.com and Investors.club come next in line
Some internet marketers use forms like DigitalPoint and WarriorForum
Best places to sell your websites
When it comes to selling your websites there is no difference from the above sites
You buy and sell from the same place
I remember seeing many website traders having websites listed for sale
At the same time, they have bids for buying other websites
This means they are doing that for business
Tips on flipping websites
As in any business there are tips to make your business go smooth
Flipping websites has some tips to follow to make sure you don’t lose your money
1- Get a proof of traffic
Nobody can disqualify Google Analytics in terms of measuring traffics and bounce rate
Also numbers of keywords ranked in top 10, top 100 and what is most important the estimated number of visitors
Basically all SEO tools show inflated number of visitors
They are kind of misleading
To make the deal fair the seller has to share an uptodate traffic analysis with you
2- Evalute the site’s growth potential
In flipping websites, it is recommended to evaluate the future of website in question
If you’re buying a website that solves emotional problems like how to retireve your ex back or how to maintain your relationship with your spouse
I would tell you go for it and don’t worry as feelings will never fade away
But if you are examing a website to flip which covers spinners or bayblades
This would be risky as these are trends and it may fade anytime
3- Can you make it better?
If you have a prospect website with good traffic and engaged social media accounts
But they are missing digitial products to sell then you can make it better
What if the website has everything and nothing to add
If you think about it you’re buying it to resell it as is
Usually there are people who flip websites as expert
They know when to buy for cheap from those who don’t estimate the right price
Later on they sell it for higher price
How long does it take to enhance weak websites?
In any flipping websites time really matters based on where you are with the website you are buying
If you are buying a website for cheap price because it has a nice theme and few posts with suitable domain name then expect at least a year
Google doesn’t rank websites quickly according to the latest Google update
This means if you see a traffic you should be an expert websites flipper to know how to monetize the traffic even with low number of visitors
Otherwise expect one year of turn around with a solid plan of how many articles you are planning to write and how you are going to build backlinks to strengthen your site
Expected money on flipping websites business
The average price for any website making money online is 24x
This means if your website is making a steady $100 every month
You can list it for $2,400 or lower the price let’s say to $1,800 and wait for bidding
If you wonder why 24x simply you buy the long hours effort of authors writing unique articles and the potential of growing this website to a higher level
There is a quote that says the hardest money to make on any website is the first $20 to $50 after that it is more like replication of more contents to write
Make quick easy cash now
Survey Junkie - Earn up to $35 per survey
Rakuten - Cashback on shopping - $25 welcome bonus
Be Frugal - Earn $10 when you sign up
Flipper - buy cheap sell high and make huge profit
Acorns - turn your spare change into more money
Follow me for updates on quick cash programs
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