Site flipping has slowly become the most wanted business to run on the Internet. The reason for this is it can bring you good, long term profits once you set it up. Lots of beginners, however, find themselves stuck because they aren’t sure how to start let alone how to succeed. Read on to learn three site flipping tips that are effective and can be implemented right away.
One important rule that you should never forget is that your website should be generating revenue before you put it up for sale. All you need is a little time and money to easily create a good site nowadays. The valuable aspects of a site, however, are its revenue and the number of visitors it receives. Why would anyone want to make an investment in your site if it’s not generating any revenue? Even though some people flip brand new sites with no visitors or income, they rarely make a sale. You need to monetize your website right away and ensure that it is earning an income if you want to make sure you make money from site flipping.
Contrary to the popular belief, your website doesn’t need to make big money to sell it off. It could be making as little as $50 and still be sold for a price that’s ten times that. Even if there are many monetization options for your site to start making some money, the best and simplest ones are through affiliate marketing and the Google AdSense program. These are two sources of income that are quite easy to get up and running. The income will soon follow, as long as you are driving targeted traffic and your site’s content is relevant. We know you want to have greater SEO Link Monster, and what business on the net would not? First, remember you will need to research and plan well in advance to avoid costly mistakes. Take your market audience, for instance, you have to know them but lots of IM marketers seem to overlook doing basic research about that. The benefits of knowing your market are numerous and have been known for decades. The competitive edge will be much sharper and in your favor with the knowledge you will gain. You will never be able to fully implement the principles of copywriting without understanding the people who will read it and putting that understanding into the words. Critical things like establishing rapport will simply not be possible until they believe you are one of them to some extent.
Many new site flippers make the mistake of selling off their website in only a few days of building it. ‘Quick flippers,’ as they are known, don’t seem to have an long-term strategy or a powerful goal. They are only looking at making quick bucks with this strategy, but the thing is, buyers are not stupid and the majority of them would avoid buying new sites that have no traffic and zero income. Some people do buy new sites, though, but usually only if they come with an application that would take a while to create from scratch. Even then, these new websites are greatly undervalued, which is why you should wait before you sell your sites. If you are not implementing testing in any of your campaigns, then you really are operating in blind mode as well as very inefficiently. Also, related to that is when you want to investigate an approach or technique similar to SEO Link Monster but do not want to roll it out in full force. There are some testing methods that are truly advanced, but even still the most basic type most newbies would have no clue about.
You know what can happen anytime you are rushed, and that is why getting the sequence of things backward, or missed altogether, is so likely to happen. Very often what is in your best interest and what you will eventually do can sometimes diverge. How ever you wish to design your tests, and in what manner of delivery is entirely your call.
You will obviously need traffic for testing anything, and so with a site-based test just choose those pages that receive the greatest amount of traffic. Obviously, some type of script that will record test results will be needed.
When it comes to deciding what BIN price to ask, do your best to base it on solid information rather than something aribitrarily high. Having a very high BIN price will only deter potential buyers that want to avoid the bidding and straight away buy the site. If your BIN is reasonable and accurate, then you’ll attract the greatest number of bidders. If your BIN is too high, then it will show the potential buyers that you’re naive and don’t have much knowledge in the area, which you don’t want. So before you set up the BIN price, talk to your friends and associates to find out if it’s okay. Even though you have read about ultra spinnable articles and some tips and ideas, there is a ton more information that is relevant and valuable.
Get in the habit of learning as much as possible on any marketing method because that will make your actions more effective. Any time you place any kind of ad, it is still part of your overall marketing and business strategy. One thing we want to mention is to avoid rushing into anything that is foreign to you and your business. Testing that does not involve all your resources is really the smart approach so you can get a much better picture of the situation. There are enough things that we do not always have a complete picture about, so no need to make it worse than it needs to be. Yes, that and much more will help to take care of you with your business.
All in all, site flipping can be seen as one of the most profitable ways to build a long term business online. To generate great results you need to make sure you are employing the above suggestions, especially until when you start generating a profit, which could take some time.