Entries from October 2009 ↓

A lot of people talk about flipping websites these days as a means to make some extra cash online. What happens when someone flips a website? It is not very difficult to understand the concept of flipping a website. All that “flipping” implies is that you create your own website and then sell it in order to make money. The process can seem somewhat complicated if you have never flipped one of your websites before. Obviously the best way to learn how it’s done is to experience it for yourself by starting up a website, working on it, and selling it to someone that is interested.

What is a potential buyer going to look for in the website? Most people will be looking for whether you have chosen a keyword-rich domain name. For example, you will want to have a domain name like “RedChairs.com” if you were trying to target the keyword “red chairs.” Having something like “MySeats.com” would not work as well for “red chairs” and would thus reduce the value of your overall website. As with many activities on the internet geared towards making money, there are going to be some initial expenses.

First of all, you are going to need a reliable web hosting service to host your websites. Secondly, you are going to need to have basic knowledge of how to transfer your website to a new owner after the monetary transactions have been made. Okay, so how are you going to make some money on the internet by flipping your site?

I have had success with using Flippa, but there are also other places that you can go to in order to flip your site. Before ever listing your website for sale, you will want to know how much it is worth and how much it is capable of earning. You should do some research ahead of time and have a clear understanding of whether your niche site will sell. It is always helpful to look at what types of websites are currently selling on Flippa and keep them in mind.

How to Flip Websites Quickly

Flipping websites is not a very difficult endeavor, but may seem slightly confusing the first time that you attempt to flip a site. After you have gotten the hang of it, being able to flip a site becomes really easy. The quickest way to flip a site to make a quick buck is by building up a web property that gets consistent traffic, is capable of earning money, and has a solid domain name. If your site meets that set of criteria, you should not have a very difficult time finding someone willing to pay out money for rights to the ownership.

What types of websites should be flipped?

Examples of websites that can be flipped to make money on the internet include:

1. Websites that you no longer enjoy working on – Many people get tired of certain sites and writing articles in certain niches. Although they may be earning some money off of the site, they decide that it simply isn’t something that they want to keep. If you are in this situation, you should take the time to evaluate whether you could benefit from selling a website.

2. Websites that you don’t have time to work on – Let’s face it, nobody wants to have a ton of sites in their portfolio of web properties that they don’t have any time to work on. Many people find that managing a lot of sites is very stressful. If you find too many sites stressful and want to refine your focus, it is smart to simply call it quits on a site and put it up for sale.

3. Websites that you want to get rid of – Some people end up creating websites and just feel like getting rid of them. Although you are not likely going to sell a site that is earning zero money, you may still be able to work something out if the domain has aged and is targeting quality keywords.  Never “throw away” your websites without at least making an attempt to flip them first.

4. Websites that could make you rich overnight – In some cases, people want to get rid of sites that are already making a lot of money or are capable of yielding a huge profit as they continue to grow. Many people wonder why anyone would sell a website that is pulling in $100 per day. The answer is so that they can earn a lot of money, avoid downward market trends, and so that they can reinvest their cash into more important things. The asking price for these types of sites is typically thousands of dollars.

Not Everyone Enjoys Website Flipping

Although not everyone enjoys the process of website flipping, it can be a useful technique to make money on the net. I recommend that you test the waters for yourself by giving it a shot at some point in your career online. I know that flipping certain websites can be extremely profitable if the timing is right. There are times when the market demand for purchasing certain websites is significantly low. It is always a good idea to study the market, participate in some flipping forums, and closely observe the buyer/seller trends.

Consequently, if you are able to understand the process of selling your website, you probably will have a much easier time buying websites as well. If the process of flipping sites interests you at all, you can continue to read more. If you are content and don’t want to flip any of your sites, it is at least a concept to consider for future reference.

Lately, I have been very busy with writing articles as well as with outsourcing some of my content to Human Rewriters Content Rewriter. Initially I planned to do a couple smaller test-runs with the company to judge as to whether or not I thought that they could write legitimate articles for a fairly low price. It turns out that they are able to write some pretty solid content for a relatively low price. If you have not yet read my Human Rewriter Review, I suggest that you take the time to check it out if you were skeptical about it.

I have also been working on some very large projects and writing all of the articles myself for the websites would take way too much time. Although I don’t mind writing, it is great when I can give someone a topic to write about and have them create some original content for one of my websites. The coolest part about using the Human Rewriter is that you get to decide whether the article is “good enough” before you pay your money. Although you are required to purchase credits to have an article rewritten, you will get your money back if you are unhappy with the final results.

If you want to test out H.R., you probably want to get somewhat of a discount on your first purchase, right? Well, one way to save yourself money is by using the Human Rewriter coupon code “warrior” (all lowercase). This will give you 10 free additional credits when you place an order of $25 or more. You can also consider getting yourself a free trial for around $5 if you don’t want to spend a lot of money initially.

Outsourcing Articles and Ethics

A lot of people have asked me whether or not I think that outsourcing articles is ethically wrong. I think that outsourcing is a great way to provide someone with work that wants to earn money on the internet. Do I think that posting up rewritten articles is wrong? Not at all, plus I actually take the time to read the rewritten article to make sure that it makes sense, is unique, and provides the information that the searcher was looking for.

Outsourcing As An Investment

I personally view outsourcing as a smart investment in myself. Each article that I outsource will contribute to making my web properties stronger. A lot of people cannot seem to get past the fear of paying someone else to do work. Maybe you feel as if you are going to get back a crappy article or one that is not up to par with your own writing. If you are trying to be a legendary web writer, why not go into journalism? You’ve got to understand that the most important thing in an article is not how well it’s written, but how well you get your point across to the reader.

In other words, there is no need for your articles to be literary masterpieces. Outsourcing to human writers usually results in a fairly decent article that may need to be edited slightly before it gets posted. I would rather take the time to review an article before it gets posted than have to type a 600 word article myself.

When I started my work online, I had zero source of income (just some money in the bank). Now that I have been able to achieve success with article marketing, I am able to reinvest in various tools (e.g. Unique Article Wizard, Article Marketing Automation, and Human Rewriter) to further improve my income and make life easier. The process of how to make money on the internet is definitely not quick and easy, which is why most people give up after a short period of time and never are able to outsource any content creation.

When you finally reach the point of being able to outsource with Human Rewriter, it’s really awesome to take a look back and see how far you’ve come. It’s taken a lot of self discipline and tons of hard work, but when I’m able to outsource, it opens up more freedom within my own life to enjoy things that are most important (i.e. family, friends, music, etc.).

I choose to view paying for outsourcing the same way I do buying an item from the store. If someone is willing to do quality work for a low price, I will be happy to pay them money in order to save myself time. Obviously you can make plenty of money by doing all of your own writing too; your earnings and traffic will just grow and progress more slowly (over a more extended period of time). Although you may not completely agree with outsourcing, it is at least a concept to consider if you are going to reach your full potential in the process of making money on the internet.