I remember my first website sale. I made $13,000 Australian dollars selling a website that I had built from scratch myself. That sale was a big windfall for me and a moment I won’t forget because it was the first time I saw the real potential of online property investment.
Since that sale I’ve gone on to sell more than $150,000 USD in websites. Some of the sites I built myself, investing my own time and sometimes money, while others I have purchased and then sold for a profit at a later date.
I’ve never lost money on a website investment, although I have bought some sites that were not big money spinners – I got out with pretty much the same as I went in with. When profits are made though, the worst I have done is double my money.
Long Term Investing?
On the Internet you might call what I do long term investing since most of the sites I bought were sold no earlier than 18 months time. The websites I built myself take as long as five years to reach the point of sale, although I could have sold earlier for less or held on longer for more.
The best return on investment from a flip (a site bought and later sold) was 1,000% – 10 times the money I put in. It took a little over two years to do that. Another trade was a set of sites I purchased 18 months prior that brought in a little over double my initial investment.
In the offline world, returns like that in 18 and 24 months would be considered exceptional and certainly not standard. If a share portfolio or investment in physical property returns 20% a year you are doing well.
The world of the web is different. Everything is changing fast, yet with so many websites and so many people online, the size and potential of the market is tremendous. There are bargains out there all the time and as long as you don’t screw up what you purchase, simply allowing a site to grow organically can result in significant profits, if you are prepared to wait.
Flipping Part Time
I’ve never focused all my energy on buying and selling websites, which is why I haven’t done that many trades. Most of the time I work on whatever my main business projects are at the time, but I keep my eyes on some of the website trading forums to see if bargains come up.
When a site matches my criteria, I act fast with an offer, do some basic due diligence and if all things go well, make a deal. I miss out on more sites than I purchase because other people out-bid me, the site sells before I find it or due diligence convinces me to pass on a particular site.
As a result of buying websites purely as a side project, I’ve focused on a certain type of website and made sure I have people working with me who can help with the activities I don’t have the time to do. You definitely need to be careful if you want website flipping to be a part time job, it can quickly suck all your time, especially if you choose the wrong type of site.
Criteria for Part Time Website Flipping
Here’s some advice from what I have learned in the previous years flipping websites part time.
1. It helps if you have money to invest.
As with most forms of investment, you can make more if you have more to spend. When I was younger, I didn’t have money so I built websites with the sweat off my back. Most never amounted to anything financially, but one did – that first five figure sale I mentioned earlier. From there, as my income grew, I was able spend more to make more.
In recent years I’ve barely blinked an eye to invest a few thousand dollars in a website and spent as much as five figures in one deal. At one point I made a bid for a very popular site of $50,000 (I didn’t have that much money at the time – I figured I would find it after the fact), but I was quickly out bid and the site eventually sold for over $100,000.
Sites that cost more have more traffic and usually bring in more revenue. As a result, if you simply hold on to the site, given nothing unexpected happens, it should grow naturally, depending of course on how the traffic is generated (if the traffic is purchased, that’s a different story).
It’s easier to grow something that already has a stable base of traffic. Traffic tends to bring in more traffic, especially if you focus on websites that are community based. Just as businesses stand to gain the most from existing customers, a website has significant leverage within its current audience.
Taking it a step further, if you are well versed in internet marketing and website optimization, you can use your skills (or other people’s) to accelerate growth even more rapidly. This however requires more time or resources, so you need to consider what roles you want to perform and how much money you want to spend hiring other people, if you do decide to pro-actively optimize the sites you purchase.
2. If you don’t have money, start something new or use alternative sources of funds
As usual the relationship between money and time are converse, if you have one you need less of the other. It’s easier and quicker if you have money to begin trading websites, but you can make it work without money, if you have the patience and the follow through to build something yourself.
The great thing about creating a website from the beginning is the learning process. Nearly all of the sites I built during my first few years online would be considered failures, at least financially.
I spent hours and hours building forums that never took off, coding websites that never had more than five readers a day and swapping links to website projects I quickly abandoned due to my constantly changing focus. While I never made money from these sites I learned a TON about how the web works and that foundation of experience laid the path for future successful projects.
Let’s not forget, if just one project takes off you may hit pay dirt big time. Even if you don’t make millions on your first website trade, if you can build a site, flip it for a few thousand dollars, that money can be reinvested into more sites, and so on.
Alternatively, you can use any source of funding to start a website portfolio. You can seek investors, borrow money using traditional means like banks, funnel cashflow from other projects into website purchases, look for partners with cash or even get a job and use that money for online investment.
If you decide to go into debt to invest in websites, make sure you know what you are doing. There are no guarantees and I recommend you ask yourself how it would impact you if you lost the money invested. I ask myself this question every time I make a purchase and I never buy unless I know I could still survive if everything went downhill.
3. Look for sites that grow organically
I’ve talked about my strategies for picking websites in previous articles on website flipping that I will link to at the end of this article. My strategy has always been to find low maintenance sites, however it’s important to also consider the potential for organic growth, especially when investing part time.
I’ve advocated investing in forums for a long time because they tend to sustain themselves with little work beyond moderation. You don’t have to invest in content creation, marketing or spend money on advertising, If there is already a community in place. You can do all of these things to speed up growth, but generally if you have a base of a few hundred regular forum participants (that’s daily participants – not just registered members), they will create content and bring in new readers without you needing to do anything at all.
Forums are notoriously hard to start from scratch, which is why I don’t recommend choosing a forum as an investment if you intend to build it from the beginning. Buying established forums is great – creating one from nothing is challenging and time consuming.
Blogs can make good investments, especially if you are buying one with an established writer or a team of writers and an established readership. Even if you buy a blog without a writer, it’s not hard to find people who can write the blog for you, just bear in mind there is a big difference between a good blogger and an average one. Blogs live and die based on continuous content and if you don’t find a way to keep the flow of new ideas coming, you might regret the purchase.
On the other hand, sites and blogs using a niche content model, can be a good purchase, depending on the market. Niche sites generally rely on search engine traffic to bring in readers who are then sent off to other sites through Google AdSense ads or other forms of advertising, which is how money is generated. If you find niche sites with a history of stable traffic targeting markets that, given things remain stable, should continue to grow with the natural growth rare of the Internet, then you may have found yourself a good buy.
I’ve stayed away from sites that sell products as their monetization method (like a site that sells an ebook) or sites that depend heavily on paid for traffic like Google AdWords. I like the source of traffic to be organic and sites that sell products tend to require more maintenance (testing the sales page for example) and that you possess an insight into that market. Niche sites that monetize with affiliate products are fine though since you don’t actually manage the products yourself.
There are plenty of other types of websites for sale, from proxy sites, to social media sites, video sites, MP3 sites, to full blown e-commerce sites. Some of these are models I don’t understand or require significant maintenance and participation to keep growing. You however may be very familiar or interested in these formats and I always recommend you gravitate towards projects you have enthusiasm form and understand the model, so don’t follow my lead blindly – make up your own mind.
4. Use a team to make the process as hands-off as possible
There is no website you can buy that doesn’t require work. Right from the moment you make a purchase you have the transfer to handle, including the DNS changes, making sure scripts are working and so on. There may be emails to respond to, moderators to manage and affiliate links or advertising code that needs to be changed.
All of these tasks have to get done. You can do them yourself, taking you away from your main projects, or enlist the help of others. If you truly want to keep website investing a part time occupation then you must have help.
A tech support person is the first role I suggest you fill – and this is not just for investing in websites. I tell Blog Mastermind students this. I tell everyone the same thing. It’s my number one tip for any person who is not already a tech geek themselves – you need tech help if it is not your strong point and stop trying to do it all yourself – it’s killing your chance of success.
If you have people you trust, who know websites and scripts and web languages, then the technical aspect of maintaining a website is very easy. It also makes it easier to complete changes you want done, for example – website design changes, optimizing the placement of AdSense code and adding new features.
Beyond technical tasks, you can employ help for basic tasks like email support, forum moderation, liaising with advertisers all the way up to more complicated task such as search engine optimization, split testing different advertising methods and seeking new sponsors.
In my case back when I started I did it all myself, which is why it took five years to build a successful website the first time round. Today I’m not afraid to seek help from tech people, designers and website managers. Most of my recent investments require a couple of hours a week of my own time, which usually involved coordinating the people working with me on the sites.
Is It Getting Harder To Trade Websites?
The web has grown tremendously in recent years and will continue to grow. That’s one of the reasons the opportunity right now to invest in web property is so great. Provided you invest in sites that provide value, the size of the market should grow organically as more people go online, which means your investments will grow organically too.
However, let’s not forget that the entire concept of buying and selling websites is becoming more popular and you face more competition when bidding for sites at the popular trading forums. When I first bid for sites at Flippa there was little experienced competition (lots of newbies like me at the time). Today, if you don’t act immediately when a quality new site becomes available, you miss it, or the price inflates beyond what you are willing to spend.
That said, flipping sites is still a very unique thing to do and while there is competition, it really is a laughable amount compared to other forms of investment. Let’s not forget most people don’t understand the value of the websites they own and if you use research methods to find sites that avoid the popular trading forums, there are bargains everywhere.
Ed Dale always makes the point that when looking to purchase websites you should consider your existing business model and find sites that can plug straight into it. You can leverage certain sites in ways other people can’t, if you have a unique insight into how a market works or you have an existing process to produce income that the website can leverage off (like a product of your own you can sell to the new audience you get when you buy the site).
I haven’t gone into depth in this article regarding where I find sites or what variables to look for when assessing a purchase because I’ve already covered these topics in previous articles.
If you want to learn more about buying and selling websites and you can’t afford Ed’s course, here are some articles from my archives to start with –
- How I Generate $1675 Per Month Passive Income From Buying Websites
- How To Sell Your Membership Site
- How To Buy A Website And Flip It For Profit
I hope you enjoyed this article and you use it as inspiration to start your own website portfolio as a part time activity.
There’s always risk with any form of investment, but if you take your time, learn the ropes and start off by purchasing sites that you can easily afford, it won’t take long for you to become a web property mogul.
Free Workshop: How To Buy & Renovate Websites For Passive Income
I recommend if you are serious about this business model that you take this free workshop from my friends in Australia, Liz and Matt Raad.
I’ve known the Raads for years and they are two of my favorite people. They are down to earth, easy to learn from, very supportive of their community and have been incredibly successful buying and selling websites and helping others to do so.
You can take their free introductory training here:
- Sign Up For The Free Workshop With Liz And Matt Raad: How To Buy & Renovate Websites For Passive Income
I’ve attended their live three day conference as a guest and a speaker several times. I know they are truly the best in the business at teaching this strategy.
You will learn a lot from them, so go sign up for their workshop now.
I haven’t tried flipping sites yet but this sounds like a good idea. Thanks for the heads up! 🙂
Lovely graphics and lots of information Yaro…..Websites trading and investments seems to have a lot of parallels to real estate investing.
Wow, I was missing those meaningful strategic posts of yours. I’ve been playing small with websites trading so far, but that was enough to see the potential. But I would add, anyone who wants to do it should first try building few sites from scratch and making some money from them. That’s the only way to really learn what sites are valuable and what are not.
If you are thinking about buying websites, start small. There are a lot of scammers out there offering “good deals” on websites that are too good to be true.
This post is what I’ve been looking for for long, beside Ed Dale’s (Ed Dale’s a bit over the moon with his $14 mil. website flipping) – yours are a bit down to earth 🙂
Anyhow, you are right about the competition in the marketplace – I’ve tried to bid on may interesting website, only to be left in the dust by others – They seem to have their eye on the website listings 24/7!
About the tech person, I can’t agree more about it – it is fundamental! However, I can’t seem to find a good one…
Yaro, can you recommend a tech person that you hire for your web properties? If you can’t answer publicly, please email me through this link: http://www.noobpreneur.com/contact/
You know I’m constantly asked this question and I don’t have a good answer beyond “keep looking and build relationships with good people”.
The guys who work with me are snowed under and if I needed more help I’d ask other bloggers/internet marketers if they had referrals. I’d also post to my blog asking for applications.
There is no foolproof method, you just have to keep looking and when you find someone give them lots of work and treat them well.
Thanks for the reply.
Post to my blog for applications – that’s the one I’m going to do – Thanks again, Yaro!
Your posts are always supreme quality and I always learn something from them… Thank you.
I invest in Blue Chip shares and have always used my online ventures and part time work as a contractor to create cash flow which I then invest in Blue Chip stocks and some real estate… Now you’ve made me think!
As you said 20% per year on the share market is considered a great return for the risk involved… but website investing blows that ROI out the water… cool !!
Ed Dale’s course may be expensive to those people that need to scrape their pennies together and then promptly let it gather dust on their book shelf… but knowing Ed Dale you are almost guaranteed to make that money back in your first transaction and then it’s sheer profit from there on in.
Thanks again Yaro for giving us high quality information for free…
Cheers from a fellow Ozzie on the South West side…
Currently, I am learning about flipping websites on the Internet. Thanks for giving such a valuable information. But do you advise people to build blog from scratch and flip it? I think buyers tend to purchase static or membership sites as they do not wish to maintain the blog themselves. After all, blogs need to be updated frequently.
If the blog has traffic and makes money, it’s sellable, so I definitely think “blog flipping” is a strategy that can work. It might be slow if you start from scratch, but we all start somewhere.
Now I’ve heard of flipping houses and condos, but never thought of doing that with websites…. that’s interesting!
Please forgive this off topic comment, but I’ve ran across something that may interest your readers. I hope you will do a post on it. If anyone can answer my question, I know you can.
I’ve been writing articles and doing blog comments for months now and have accumulated many back links. However, Google is counting them in their “Blog Search”, but not in their regular search. Which means they are not helping my rankings nor bringing me much traffic.
My blog uses a different program (Word Press) than my regular site DreamWeaver php). Is that why? Or is this something new that Google has started to separate all the blogs from their regular search results? If it’s the latter, what is that going to do to a blogger’s ability to get traffic?
I’m wondering Linda if you are commenting on blogs that have the nofollow tag applied to outgoing links? That could account for what you are experiencing.
It’s definitely nothing to do with the platform you are using for blogging. I use WordPress here myself.
Thanks for responding.
I’m getting back links, but they aren’t being counted in Google’s regular search results (says I have 3) only in Google’s blog search results (says I have more than 1,000). I believe if there were no follow tags, they wouldn’t be counted at all.
I’m in the process of eliminating the “/blog” attachment to my domain name and putting my blog directly on my main site. That won’t help with the back links I already have, but should help direct future ones so Google will count them. However, many of my present links point to my regular site instead of my blog and they aren’t being counted.
If you hear anything about Google shifting all the blogs to blog search instead of regular search engines, would you please let me know.
I had forgotten your domain name and did a regular Google search for “blogging.” I think I’ve found you that way before, but your site didn’t come up in the first few pages. I finally found your site by searching for your name.
I suspect Google has made changes that downplay search results for blogs. If so that would certainly effect your readers.
What tool are you using to count backlinks? If it is Google’s then don’t worry, it’s not providing you with accurate data.
Try Yahoo Site Explorer to look up your backlinks instead. It tends to overcount rather than undercount, but at least you will be able to see if the links are there.
As Usual, perfect for Yaro. anyway. i’ve been starting this business with parking domain and start listing my site there. is any possibility i can follow your recommendation for my site? Thanks Yaro
Very helpful article. I appreciate the way you described the different types of websites that are good candidates for purchasing. This is something I will consider.
I understand that this is an investment,but will you think it is wasted to put so much effort then you sell it?
Not if you make a nice profit! Don’t forget, you earn income while you own the sites too.
The sites I mention above were all earning me between $500 and $2000 per month each, so not only can you make a profit at the point of sale, you can get paid for your time owning the sites too. All the sites I eventually sold had recouped the cost of buying them because I didn’t flip them until at least 18 months later, so the profit at sale is technically 100% margin.
I just found your blog and love it.
Look forward to reading more.
Your article is so inspired me. I start to learn in how to trade website, but still don’nt have much resources to do it myself.
Now I understand why I was fail! Thanks for great idea…
Hi Yaro, tx for the great read! Maybe some day, my website can be sold at a higher price than my initial investment 🙂
I agree that website a best investing, i make around thousands of dollar per month. This Blog is a killer… I can feel the power.
Great tips on flipping and selling websites. I am a website business broker and more or less stumbled on my recent career because of buying and developing and selling sites. I earned $200K – $350K consistently for a couple years. Buyers should look at buying businesses that have good unique traffic and organic search engine positioning that has room for a site graphic make over and better onsight SEO.
I think you touched upon the new model for wealth building and successful retirement. Buy or create revenue streams for everyday living and periodically sell them for lump sums to grow your nest egg for those golden years.
It would make a great seminar for old people that are tired of getting killed in the stock market 😉
Some retirees are just mentally bored. I have met alot through options trading and they have spent tens of thousands on education only to lose thousands more on the trades. And the kicker is they don’t care!
Let’s get started on this next week.
Keep journeying man & if you haven’t already, check out the Roxy at 932 Granville. It will be a good time. Enjoy Vancouver. Those one way streets are a bitch when you are drunk!
Very interesting article. I have been doing this for a year, largely buying and improving sites. Everything Yaro telling you is true. However, my experience is a bit different than Yaro’s, I lost a couple of thousand in the beginning but have generated returns over x10 in just nine months (just by holding it and not reselling). Most bought through sitepoint and digital point. But I seen people do really fast flips, makng x10 in a month. They manage to snag a website for $500 with a lot of traffic but poorly monetized, and flip it for over $13K in less than a month. All done through digital point and site point. He did this all through better ad placement and finding suitable ad networks (none of it by increasing traffic)
While he suggest other ways of looking for deals outside the popular trading forums, it can be frustrating at times. You can waste alot of time chasing people that aren’t interested in selling or never respond. But you just have to keep on trying.
What Yaro does not mention, which I do alot is buying a website in a niche I am not familiar with. That way you are making money and learning at the same time. Every niche has a way of making money that is not evident to even experienced webmasters outside the field. Things like what affiliate / Ad networks to use, how to drive traffic etc.
While Yaro says he prefers forum and sites that grow organically. Of course people would like sites that they don’t have to manage. But it all comes down to price. Forums usually trade for a higher multiple than other sites x15-24 times revenue, while others that require daily maintenance sell for x8-10 monthly revenue or even less. Does the website generate sufficient revenue you can outsource the work and still generate a healthy profit.
Yaro! Thanks for you doing, it’s great! You fan from Russia, Dmitri!
Hi Yaro and other commenters.
Another LONG but informative post :), just how we like ’em
i have a little question..
I want to try and build/develop a site to flip in prolly 12months time.
It is based on a timely event, that should be starting next year and continue running for the next 5 years.
But the thing is, for the general name most TLD at taken except (.US)
I wanted advice on where I should register: The general name with a crappy TLD or brandable with (.com) eg.) spiderman.us OR : blackspidey.com. So I can swoop the (.com)
I understand how IMPORTANT the .com is, is just that I can get the general name in (.us)
Thanks for your time..
It depends on how you will market the site. If mostly web based linking then the TLD does not matter as people will be clicking through. If it will be word of mouth and offline advertising then you need a good TLD to help spread the word.
The domain isn’t that critical. Pick one that will do the job and then get starting (.com or .us is fine). It’s the marketing and whether you actually get busy and stay busy that will get you there.
Take a look at the domain for my blog – it’s not exactly ideal but I’ve put in the work to make it successful.
There are so few marketplaces to buy websites that the competition is fierce. However there is a massive untapped resource of websites willing to sell. All you need to do is ask.
You can read more at http://www.buyestablishedwebsites.com/website_flipping_blog/one-tip-to-double-your-flipping-profits/
Hope that helps some budding entrepreneurs.
Very interesting post, I’ve been contemplating trying my hands at a little website flipping, and I think this post was a pretty good intro.
Speaking of forums – what is your favorite software for them? I am having hard time trying to decide what software to use for my new forum, any advice?
I used to go for invision board. Lots of people love phpBB but lately I only use vBulletin – it seems to be the de-facto choice for most top forums.
During the infamous dotcom fall period, I lost close to US $2000 in terms of domain/website sales… I built two to three websites and tried to monetize – didnt work out. I also had a number of domain names registered and only one I managed to sell for $150.
Your side of the story seems to be much greener and brighter 🙂
Excellent advice that really gladdens the heart! I have invested so much in my sites, not yet properly monetised, but I know that they are great ideas & will come right in the end.
Dead right about the difficulty building up a forum from scratch – I had a great idea, but my target market is mainly not as web-aware as I am, and noticeably reticent to post on the forums.
And so right about the tech help – get the right help and you can FLY…..
Thank you again for the tips…
I read daily and it’s not often that I disagree with Yaro. But on this one, I disagree with a few points that he mentioned. I make 75% of my income flipping blogs, websites, and domain names. It’s NOT uncommon to make more than a 1000% profit in LESS than 90 days doing what I do. In fact, profits of several hundred percent are the norm, rather than the exception.
Also, I don’t completely agree with the forum idea. Yaro is correct, it’s nearly impossible to build a successful forum from scratch. However, buying one isn’t the answer either. Forums are notoriously hard to monetize, and when monetized properly… they still don’t net much profit when compared to other means. For example, a blog with the same amount of readers will generally make much more money, even with the same amount of traffic.
Hopefully Yaro won’t mind, but I’m working on launching a new blog (link is in my name, don’t want to spam here) that covers just the topics that Yaro is talking about here. Flipping blogs, websites, and domains for instant (in some cases) profit. It’s not rocket science… but just like Yaro said, it’s going to get much, much harder as time passes and people catch on to these concepts.
Yaro, fantastic as always… love the new layout.
I agree Bryan – to a degree – remember the focus of my flipping strategy is about doing it part time.
If you are very good at this and can focus time then yes, you can research, find the high traffic/poorly monetized sites, optimize and flip in a short amount of time.
But try doing that while writing two courses, a blog, an email list – a entire business, or of course, for many others – keeping a full time job. That’s why I focused on sites that I can buy, do nothing to do them but keep them going as they are, and then sell, which is why it takes longer – I’m just too distracted to focus on it.
I’m glad you enjoyed the experience flipping your blog – it must have showed you what is possible and set you down the flipping path – would that be right?
It interesting to hear the time scale involved in making a web site a reasonable successful business. As a new blogger I personally thought it may take me between 18-24 months to get it to a level where it was producing a reasonable income, (i.e, over $6000 usd a month). Its a pity 95% or so bloggers give up after 2 months or so, thinking its easy. Flipping web sites is obviously a prifitable niche, but alas for most of us, building one successful site is a big enough challenge.
This is a nice article.
I do wonder if flipped websites that are held for more than two years would qualify under taxable gains tax instead of the regular income tax. In the U.S., you only pay 15% on capital gains as opposed to more than twice as much (in my income bracket anyway) on regular taxable income.
@Shark: You’re on the money that building your own websites (even before trying site flipping) is the way to go – otherwise you’ll likely end up paying more after the sale, for site transfer and set up.
@Noobpreneur: Amen to the competition out there. I was browsing Sitepoint when a listing for TinyAlbum.com caught my eye. I’d hoped (against hope) to pick it up for a up to $500 – it ended up selling on there for $7500 in the space of a day or so.
@Sheng Loong: something to consider is why newly built web sites are selling so cheap – it’s because it can be hard, expensive and/or time consuming getting the site listed in organic search.
@Broker: certainly in browsing Sitepoint’s listings most fit your profile of sites that could do with a design makeover – even those who’s owners claim they look great.
Finally the question I wanted to ask Yaro. This article was the final straw for getting me off my arse to try my hand at site flipping (rather than just making more sites for customers/my own use.
You say to tend to shy away from using AdWords on a site, however to you think it helps a new site get (organically) listed/ranked with Google more quickly? Likewise to you think a Google Sitemap speeds up the process or getting out of the sandbox?
Hi Ben – AdWords is fine, I just don’t like having to rely on paid for traffic if that’s how the website makes it money.
That’s only because PPC is not my strong point. Organic search I understand and it’s free, so I prefer sites that are driven by organic traffic.
A sitemap is a great idea – that definitely helps with the SEO.
I have been looking for good ways to make some money on the web, I love starting sites and building them, but I don’t want the time of keeping them up and going to get me down.
This is something that I have heard of, but flipping sites never really peaked my interest until now. Thanks for the info and I will be looking into this.
Any suggestions on where to go for more information, to find some partners, and to begin a serious business on building, developing, and flipping websites?
You can try hanging around forums that deal in websites and find some like minded individuals there. SitePoint Forums and DigitalPoint forums are too good places to start at.
Thank you for your informative post. Really worth to read.
What are the criteria to sell your website? traffic, revenue, domain extension or age of your site?
I have the same idea to sell my website. I have several sites to maintain, but really takes my time.
How to find a writer for our blog / site?
Hi Edy – Take a read of the articles listed in this post and you will find plenty of information to answer your questions.
I have been thinking about flipping websites for a while now. You offered some pretty good advice here.
Hey Yaro and all,
Just a small update on my site flipping experiment.
Per my comment above I decided to try my hand at site flipping at the end of May (after this article finally tipped me into action).
I trolled the site auction sites (like SitePoint) and picked up a few existing sites and a script for a new site and set to work. I ran a short AdWords campaign for my first site and then linked it to my following sites to help them get indexed in Google.
My only site flipping revenue streams so far are from AdSense, AdBrite and Amazon (preferred the more set-n-forget type of sites). June my gross revenue was $8.55, and July so far is $48.62!
My only current ongoing cost is $10/month hosting.
That’s great! Congrats 🙂
Anyway, you said that you are using AdWord – is it a good investment? I mean, if it’s only purpose is to getting indexed by Google, IMO setting up a sitemap works better.
Just curious 🙂
@Noobpreneur: Hmm, depends I guess. I’ve run campaigns on a couple of my sites now – one I phased out as soon as it was indexed in Google and the other I’m still running.
The one I stopped as soon as Google picked the site up, is only making money through AdSense and AdBrite, so it wasn’t earning enough to support the campaign. Also as I’ve setup more sites of a similar nature I’ve interlinked them prominently, so I didn’t need to give Google any help to find them quickly.
The other one however makes money from Amazon in a competitive niche and I have limited ability to customise that site, so 1. I need the AdWords campaign there to keep getting targetted traffic to it, and 2. it brings in enough to pay for the campaign.
Hello Yaro, a fantastic idea article – I dare say this one will become a classic in time to come. I was looking around the web for such information (mind you, I even found a free video course) and got directed here from TS2.
The outline you’ve given is especially down to earth and really very much what I would apply (I’m no techie) to real estate on the web. In the past, actual real estate has been good to me (with accidental flips) and I see no reason why this virtual real estate should not be real – with what you’ve spelled out here.
I’d like to say hello to Ben Helps for his helpful responses above too. If you’ve got actual tips/suggestions for me (especially for techie help) I’m listening. IN fact, I’d like to get in touch with decent but not overpriced web masters (real techies and not like me).
Now I’ve heard of flipping houses and condos, but never thought of doing that with websites…. that’s interesting!
You make this sound very much like real-estate. Great way of putting it. Very interesting article.
Hello this is a great article, which I am bookmarking, I like the fact that you take a longer term approach to your website investments, prefering to grow them organically over time (that would be my approach too). I have some experience with buying and selling domains and have done ok with that, but don’t have experience with buying whole websites. But, reading your post has motivated me to further look in to this.
I will definitely start looking into this to start making more money, my site is going slow!
That’s impressive! I often see people who want to sell their website which they created one day ago on wordpress with a nice theme… No, this is not the right way. I’m now trying to let my other websites grow and give it a good traffic so I can have a look if it’s profitable for myself. If not, I’ll try to sale it or shut the website down.
This is very inspiring yaro. In fact, I sold my blogspot blog last 23rd of May 2010 and it is really a great success for me because I don’t spent even a single penny from my pocket.
I run that blogspot blog using it’s sub domain for 1 year.
And one month later after I made my first income as an affiliate, I purchased a custom domain for my blogspot blog but still hosted in blogger but I manage to push it to PR3 and made to the first page of google serps for the term blogging advice.
Now, I am using wordpress blogging platform which I dream of since I started blogging.
I would like to know more about blog flipping from you YARO.
– Felix Albutra
One thing you do have to look for is inflated stats. I was reading a few forums about how people will buy low quality traffic to boost stats and try to flip quick so if possible, look at the long term traffic before you invest.
I may get into flipping websites one day in my spare time. Right now Im in real estate flipping houses and I must say that it is a good business. Now I want to invest in websites like people did in the 90’s and became millionaires over night. If anyone has any experience in investing, please email me at firstname.lastname@example.org so we can chat it up because Im a new investor looking for something to put my money in
may get into flipping websites one day in my spare time. Right now Im in real estate flipping houses and I must say that it is a good business. Now I want to invest in websites like people did in the 90′s and really true thanks
Very interesting blog for those who invest much time in internet surfing. with this post, anyone can know how to use their extra time in website investment. A lot of metrics discussed here website traffic, website flipping, Google Adsense and many more things. Yaro thanks for post share. Keep it up!