subject: The Best Way to Grow A Site Flipping Endeavor [print this page] The Best Way to Grow A Site Flipping Endeavor
When people leave high bids on sites, it's usually because the seller has provided proof of just how much traffic that site gets on a daily or weekly basis. All you have to do is get your Google Analytics Data prepared. Most people who are serious about buying websites will want to see this data before they place a bid.
Potential buyers want this information so that they can take your traffic data and then go on to determine the site's earning potential. Not only that but it's much better to give your potential buyers complete access to the analytics data so that they can research the site's earning potential themselves. This means you no longer have to depend on screenshots to convince them about your traffic. You should have at least six months of data in hand, which is why you should have Google Analytics installed on your site starting from day one.
When it comes to your site flipping business, you need to be real choosy about the niche you are buying and selling sites in. When you choose a niche that doesn't have a lot of search demand, then you aren't likely to succeed. To decide on a niche with a lot of profit potential, look at those niches that people are searching for and the ones that get tons of traffic. Or you can check out the 'Just Sold' section of sites like Flippa where people buy and sell websites.
All it takes is a little knowledge to know which niches to go after. There will be times when you'll feel that a certain market can give you great results, but unless and until you do some keyword research and find the demand, don't go for it.
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. If you want to protect yourself, only deal with buyers who have been verified and have great feedback. It's simple for people to take money from you on flipper sites so make sure you research everyone you deal with. To further protect yourself, use Escrow for your site flipping transactions.
In closing, if you truly want to succeed at site flipping, you must be able to treat it like a normal business and that means hard work, drive and an inability to accept failure. It will take time before you start seeing success in this business, but once you get used to it, you won't be able to get enough and you'll make all the money you want.