For the past several years, domain flipping has been popular, but in 2014, the tactic has taken a new level of popularity because it is such an effective way to make quick profits, with little cash outlay. Domain flipping can be approached in several ways, and the choice is usually determined by how much capital is available to make a purchase of a domain. And, improving the web site will also require funds (or ample amounts of time and effort in some cases) to prepare the web site so that it will command a higher sales price.
One method that is common in domain flipping is to find a web site that has not been well monetized. In other words, there is probably existing traffic that is somewhat consistent going to a web site. But, the original web site owner has not taken the time to fully monetize the web site. Sometimes, simply adding AdSense to a web site can produce instant income where none existed before. Or, if AdSense was already being used, then changing the ad formats or ad placement locations can increase revenue.
The problem is that most business owners do not know anything about building a website. You can fill this need by taking stock of the businesses in your area, building a website from it and selling it.
Getting a web site to rank higher on Google is another factor which will increase the domain value, but be careful. With all of the Google maneuvering in the attacks on spam, a challenge has appeared in getting and keeping sites ranked. However, as long as one has useful content and does not willfully and deliberately try to game the system with spammy back links, a site can still rank well, and fast, and can keep its rankings long term.
As soon as you have increased the revenue of the site, it is a good time to flip the site to a new owner. Don't wait too long to sell, though, since the internet marketing methods are rapidly changing all the time.
Look for domains in areas you understand. You are more likely to know what to buy and when to sell when you are familiar with what the domain is for. Being aware of trends and news relevant to the domains you own can make a huge difference in the amount of money you make off of them Consider flipping entire websites, not just domains. Flipping a site that already has a following is much more lucrative than simply flipping a domain. Even a simple blog will do. Try utilizing SEO to drive up traffic.
One method that is common in domain flipping is to find a web site that has not been well monetized. In other words, there is probably existing traffic that is somewhat consistent going to a web site. But, the original web site owner has not taken the time to fully monetize the web site. Sometimes, simply adding AdSense to a web site can produce instant income where none existed before. Or, if AdSense was already being used, then changing the ad formats or ad placement locations can increase revenue.
The problem is that most business owners do not know anything about building a website. You can fill this need by taking stock of the businesses in your area, building a website from it and selling it.
Getting a web site to rank higher on Google is another factor which will increase the domain value, but be careful. With all of the Google maneuvering in the attacks on spam, a challenge has appeared in getting and keeping sites ranked. However, as long as one has useful content and does not willfully and deliberately try to game the system with spammy back links, a site can still rank well, and fast, and can keep its rankings long term.
As soon as you have increased the revenue of the site, it is a good time to flip the site to a new owner. Don't wait too long to sell, though, since the internet marketing methods are rapidly changing all the time.
Look for domains in areas you understand. You are more likely to know what to buy and when to sell when you are familiar with what the domain is for. Being aware of trends and news relevant to the domains you own can make a huge difference in the amount of money you make off of them Consider flipping entire websites, not just domains. Flipping a site that already has a following is much more lucrative than simply flipping a domain. Even a simple blog will do. Try utilizing SEO to drive up traffic.
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