subject: Sell Your Website To Earn Big Income [print this page] Selling websites has become a good source of income for many people, some even making a whole business out of it. This is called website flipping and it involves the creation of a website, nurturing it and when it is already matured or rather already have good stats, you then sell your website to its new owner who will continue in managing it and further making online money from it. It may sound like a complicated process but it is not. It only requires that you understand and know how to do effective search engine optimization and of course, internet marketing as well.
Now that you are reading this second paragraph I assume that you are very much dedicated in making it big in this business of site flipping. But how does it work in the first place? It all begins when you purchase a domain name and then create a website for it. You need to upload good content on that website and then do your own search engine optimization to make it rank well in the search results for whatever keywords you have decided to target. Then through the natural course of time and pretty much based on your own seo efforts, your website will then start to gather enough stats that will make it a good buy for people who are looking for the exact kind of website that you have. You then negotiate and make the sale.
Next is the amount of money that you should be asking for your website. There is no definite answer to this because while you can simply total up all of your expenses, from the domain registration to the web hosting and other expenditures, and then double that amount so you get a hundred percent profit from it. But usually that is not enough. Because you cannot put an exact price on all the effort that you put into it and of course, your dedication that eventually made it gain those stats. You can also ask around in the forums on how much profit margin they make from their websites and start from there. If anything else, just follow the hundred percent profit percentage so you can at least have a good understanding of how the market works and what it demands.
And do not make any false claims when you mention the statistics of your site. There are many ways to double check your claims. The easy ones like the pagerank and the amount of incoming links that your site has, those can be checked in an instant using a lot of seo tools. So the key here is for you to be always honest and factual with everything that you say about your website. Because if your potential buyer starts to suspect even a hint of trickery, he might quickly label you as a scammer and bring his business elsewhere. And worse if he starts to complain about you throughout the website flipping circle and you will get a really bad reputation even if you do not intend to mislead that person.
There is big money to be made in website flipping, and it does not really cost much to get you started. Well, aside from the time you will be spending in creating, managing and making it rank for its stats. But other than that, it can be completely fun while eventually earning an income after the sale.