Posts Tagged ‘selling website’

How to Start an Online Business Building and Flipping Websites

October 30th, 2011 by Ed | No Comments | Filed in Selling Website Tips

Building and flipping websites and blogs is one of the ways to start an online business and continue to make passive income on the internet for years to come. It is also a smart way to learn, understand and get a good handle of different website monetization models and free targeted traffic generation methods. If you are working on a tight budget, you can quickly build up your business capital by flipping websites.

The question now is how do you flip websites for profit and fun? The following text will spur some ideas for you to start with.

First, learn how to research profitable niche markets and build websites providing solutions around topics or problems which the target audience is searching for answers. Online research tools have made this exercise a breeze. You can quickly find out what problems people are grappling with when you use keyword tool like Micro Niche Finder.

You can also research market ideas by lurking around in niche forums and taking down notes of what questions members are constantly asking. Finding forums related to your area of interest is not difficult when you use Google search engine. Simply Google search your “niche keyword” “forums” as shown in the screenshot below.

Weight Loss Forum Pic

As soon as you are convinced that there is a market to build a website to sell, go ahead to register a domain name and sign up with a reliable website hosting service providers. Creating a website or WordPress blog on your domain is the easy part. You don’t have to learn HTML or CSS styling to get this done. WYSIWYG programs will build your website for you if you can point and click the mouse.

When you have optimized your blog, the next step is to start writing articles and publishing it on your web site. Writing quality articles consistently should be seen as your top priority because it is the first impression and contact with your readers and web site visitors. It is also the easiest way to get free targeted traffic, gain credulity and rank in the SERPs.

Flipping websites can be a very profitable online business model if you know how to quickly get free targeted traffic and make money on the internet from the websites you create. It is the best home based business you can start after sliced bread!

And do you know the best and fun part of flipping websites business? You can start it with as little as $20 by dint of smart work! So, what is stopping you from building and selling websites?

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How to Price Website Before Buying or Selling

June 23rd, 2009 by Ed | No Comments | Filed in Selling Website Tips

If you want to master how to price website before you buy or sell, this article will definitely help you. Site flip business owners should have an idea of how much their website is worth before placing it in an auction. This will assist you to reasonably gauge how much to expect from the sale before flipping.

 

There is various website valuation methods used on the internet based on certain factors. But the most common of these metrics is the net revenue the website is averagely generating per month, the targeted traffic it receives, the age of the domain name/website, the technologies and scripts used in designing the site, the market niche the website is built, and so on.

 

The only difficulty I know which exist in how to price website is consistency amongst website valuation experts. For instance, as a webmaster, if you take a website to 3-4 valuation experts, you are sure to have 3-4 divergent values with wide margin apart.

 

To this end, the common saying that the value of a website is only what a prospective buyer is willing and able to pay becomes true.

 

Knowing how to price website is less cumbersome if your website has started generating monthly revenue. The simple formula is to take the last three months’ average income and multiply it by 3, 5, 6, 8, 9, 10, 12, 18, 24, 30 or 36 months’ income. The number of months is usually agreed between buyer and seller. For example, if I am selling website that earns me:

 

$200 –March,

$452 –April, and

$320 -May

 

I can safely price my website thus:

 

$200 + $452 + $320 = $972

 

$972/3months average = $324

 

Then multiply $324 by 5 months’ income to arrive at $1,620. This is the amount I should expect from a prospective buyer.

 

Where there is problem is when you are valuing a website based on traffic ONLY and NO revenue. The value placed on such websites is always subjective and mainly hinged on qualitative factors rather than quantitative. But you can do this using pay per click (PPC) cost info on your main keywords in the domain name/website.

 

Click Here to look at a guide that succinctly explains how to value a domain name/website.

 

That is essentially all there is on how to price website.

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