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Basic of Website Flipping 1

[ June 29th, 2008 ] Posted in » Make Money Online, Webmastering
Written by: Derek

Website flipping is like playing property real estate. Below are the similarities between both of them.

Process of Real estate

  • Buying a house, and reselling it for a profit when the land prices increased.

Process of Website Flippings

  • Example 1. Buying a domain for $7, develop a website, and resell it for $50.
  • Example 2. Buying a established website, build value to it and resell it at a higher price.

Of course, flipping a website is far more easy then playing property real estate. You don’t need to have a large sum of money. It’s really that easy and don’t really require any knowlege of expertise. By just a small investment of maybe $10usd and some hours, you could have earn $50usd in profit. Even a 9 years old kid can do it. Is there a market for flipping websites? Definitely yes. Just browse through some popular webmaster forums like sitepoint, digitalpoint, webmastertalk, there are people selling and buying sites every hour.

I mentioned that flipping a website requires no knowledge of expertise at all. Below is one example of how you can flip a website requiring little knowledge. Also, you should thank open source softwares like wordpress, phpbb, because they make it possible.

Step 1 : Register a $7.15usd domain at godaddy.
Step 2 : Buy a hosting package. Just visit digitalpoint forum. They are people selling packages at such low cost of $1 per month. If you want, just email me, i can provide you free hosting.
Step 3 : Go and download wordpress and install it in your webhost. Alternatively, you could just login to cpanel, go to fantastico and click on install wordress. It’s just a few clicks
Step 4 : After your wordpress blog is created, spent a some time to research which type of blog you should start. Cycling, tennis, swimming etc. Then start posting around 7 to 8 articles regarding that niche. People are looking for unique content, so make sure that your articles passed through copyscape.
Step 5: Build some link exchanges to your blog and get some traffic to your blog.
Step 6: After a few days, when your blog received some traffic, post it up for sale.

That’s how you can earn $50 usd with just an investment of $10usd and some hours of work. However, that requires some hardwork. If you are hardworking, i am sure you could make some petty cash out of website flippings.

 

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4 Responses to “Basic of Website Flipping 1”

  1. ahjay Says:

    oh so this is what it actually means by website flipping… haha
    I’m noob..

    Anyway… interesting.. I wonder how to get jobs with web design thru those forums? and the payment methods.. haha.. I wanna do 1 or 2 more websites before my enlistment.



  2. derek Says:

    hi, you can always find me in msn.



  3. muroBuime Says:

    Tahnks for posting



  4. Yin Teing Says:

    Thanks for the detailed explanation. Finally I learn what it is.



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