Flipping Websites
Once you have selected a site to flip, you need to create a plan to improve it. Since your goal is to sell the site for a profit, you must add value to the site. The two most important aspects of a site you need to consider are traffic and monetization. If you improve either of these, your site’s value will increase.
The first thing you should do is analyze how much revenue the site you are looking at brings in and where that revenue comes from. The next thing you need to do is figure out how you are going to increase it. If the site is not monetized at all, this will be very easy. For many sites, Google Adsense is the only source of revenue. In both of these situations you can increase the site’s revenue and sell it for a profit.
You should plan on adding several different streams of revenue. One of the best sources of income that is often lacking from a site is private ad sales. Private ads are great because the middleman is cut out and you keep all the profit and set your own prices. A donation button is another revenue stream that is often overlooked. You can also start selling your own products an example of which would be selling an eBook. If you do not have a product to sell you can still create revenue through affiliate programs. On [Re]encoded, we put Vizu power polls below our posts and companies pay us for research that they receive. If you own a blog you can get paid by doing sponsored reviews through companies such as reviewme! There are endless possibilities for monetizing a website and if you can successfully implement a few of them you will increase revenue the value of your site.
No matter how many streams of revenue you have, you still need a plan for increasing traffic. No matter how you look at it, the more traffic your site receives the more it is worth. Increasing traffic to your site boils down to two things, links and unique content. Your plan should incorporate both. Establish a link building campaign and make sure to always be creating unique content.
December 6th, 2008 at 8:22 pm
This was a long time ago, but whatever happened to that logo contest with 100 women strong?
February 21st, 2009 at 9:32 am
I think so .
July 26th, 2009 at 9:48 pm
Hi, Just found your blog surfing on the internet! I am too much interested in the information like you are providing. Why you do not write a new ebook and publish it by collecting more information on this topic. NO! Do not take me wrong! I am not a publisher. Ha! Ha! Ha! You have written in a detailed manner that’s why I am asking you about the ebooks. Have you ever thought of any type of ebook and in its business. It is a really hardwork to create a blog like yours and to maintain it. But you have done really a great job. Congrates! I have few questions. Do you think that blogs are better than ebooks for providing information and making money. I Just take the ebooks as products. I have never tried to write any ebook and to do any sort of business. If I say something about my website here, then you will consider this comment as a spam and NO One like that. But would like to say, that while selling FREE EBOOKS I have made such a huge amount, just in few days, that you will be amazed! If you visit my website (by clicking on my name in this comment) then you are bound to be surprised. I am sure this is a new technique of selling, I have found over the net. But lets talk about writing ebooks and providing unique information to the internet community, have you ever tried writing anything and publishing it? Do you also sell ebooks? What is your experience? I am interested in knowing about it or your experiments? Waiting for reply – Thanks, Regards