subject: Expert Site Flipping Methods That Really Work [print this page] Site Flipping Techniques to Live By Site Flipping Techniques to Live By
When you think of site flipping, it's important to think of it as not just buying and selling websites, but as a real business that you must learn and follow the right steps if you hope to succeed. If you want to succeed in this tricky but lucrative business, follow the following three tips and you'll go far.
Since site flipping is all about buying and selling sites, it's important to know where to buy and where to sell. The people who are successful with website flipping acquire their sites from people who sell them for much cheaper than the sites are really worth, and it's mostly because the sellers are clueless as to the site's real value. This is the case with places like Digital Point Forums. You can often find sites on this forum that look very professional, but that are selling for cheap, and that's primarily because the sellers aren't educated enough. If you are looking to sell your website, you'll want to go to Flippa.com. This is where you will discover buyers that have lots of money to spend and are ready to put their cash into the right site. If you want to get some kind of idea how these two marketplaces work, make sure you research them thoroughly. A good strategy that you can use to site flip is to buy your sites cheaply on Digital Point and then spruce them up so that you can turn them for a profit on Flippa in just a few months. You can make loads of money doing this if you handle yourself correctly.
Do not sell a website the same day you create it, as this is a common mistake. Too many fake experts out there are selling the advice of creating free blogs in a little bit of time before selling them the next day. You used to be able to get away with this when Adsense was the popular thing, but today's buyers are a lot more savvy. This means that, to sell websites, you need to make sure your websites are receiving traffic and that you have money coming in. Now, there will be times when your new site can actually sell, but the profit margins are really low in such a scenario. That's why it would make more sense to actually hold a site and put some work into it before offering it for sale. We're not talking about not selling your site for years, but a couple of months wouldn't hurt. This is how to go about it if you want to be smart about it, and this will also make you more money.
Finally, if you are buying sites with the intent of selling those sites for profit, then you need to stay from con artists who are just trying to steal money from people. To help keep from being scammed, always ensure that a buyer is verified and has great feedback from other buyers. You can easily get taken unless you do the proper research on everyone you do business with. If you can, make sure you use Escrow for your website flipping deals.
In closing, site flipping is a lot like any other offline business that requires you to work hard and keep your motivation strong if you hope to succeed. It will take some time and effort for you to get going, and soon it will become second nature and you'll want to keep doing it, and that's when you'll finally see success.
