Flipping Web Sites and Domain Names For Fast and Easy Profits
Some of us do it with houses, some of us do it with cars, and some of us do it with web sites. We buy those things, improve their appearance, add a few exciting new features, then we sell up for a few thousand pounds easy profit and maybe a great deal more. It’s called ‘flipping’ and it represents one of the easiest, most profitable ventures of all, as this article shows.’Flipping’ is the term commonly applied to the exciting new business of buying and selling domain names; or developing and cashing in fast on new or existing web sites.Really spectacular profits can come from buying a domain name inexpensively in one location and reselling it for a profit else where.
such as by purchasing it from an inexperienced buyer on eBay and reselling it where more knowledgeable web site buyers congregate, on eBay, for example, or a host of up and coming web site and domain name brokers.Many full-time flippers buy sites inexpensively, with or without domain name, and focus on growing value in a site, by adding content, for example,and monetizing it with AdSense or ClickBank promotions and growing traffic from articles and blog postings, before finally offloading the whole caboodle to the highest bidder on eBay or other popular auction site.
Web site also domain name flipping is one of few businesses known to survive and even thrive in a recession, mainly because flippers are targeting up-market buyers, people with money to spend and desiring web sites that are already receiving traffic and generating income. People pay high prices to avoid having to develop sites themselves, or drive traffic,or identify profitable niches.Those bit price buyers also like the risk-free element of buying an already profitable site, as opposed to paying web site designers to create sites for them and waiting months to see if their new site is profitable or a total flop.
So they’ll pay high prices for a site that’s already making money, and we are not talking peanuts here, we’re looking at potentially many hundreds of thousands of dollars for a site and domain name that probably cost you less than ten dollars and demands just a few days or weeks of time and effort from you.A lot of money can be made in very short time, even by people without web design experience and having little or no technical ability, and tales are told of new and experienced flippers buying existing sites for a few hundred dollars (most sales take place on American sites) and offloading them days or weeks afterwards for several thousand dollars.