With all the scams the internet is rife with, it's hard to find a safe way to make money online. Even using a popular business model like eCommerce and its affiliate marketing sites, it takes a long time to sell something. However, there is a profit opportunity called in English "website flipping", a practice that consists in the creation and resale of websites. An activity of this type offers unlimited earning potential, without being forced to sign anything, without doing anything illegal and without having to work hard for a few pennies or have large capital to make an investment. Read this article to find out how to earn thousands of euros every year.
Steps
Step 1. Choose a topic that interests you
It is important that you choose to deal with something you know, so that you can write interesting articles about it.
Step 2. Buy a domain for your website
Make sure that the domain you have chosen is suitable for the topic you intend to talk about.
Step 3. Start building your website using a basic program or using the templates you find on the internet
Most hosting companies will offer you tutorials on how to build your first website.
Step 4. Start writing new content and articles about the topic you have chosen to talk about
Add interesting photos to your articles and create a mailing list. Try to take care of your site down to the smallest detail. If you want to write more articles than you can produce, you could hire a freelance writer to work for you. It is a very quick and inexpensive way to fill your new site with interesting articles.
Step 5. Make sure you set up some tools to make money with your website before you start promoting it
You could choose to advertise a product related to the topic of the site, or use Google Adsense. Your goal is to make as much money as possible: the more ways you find to make money with your site, the more likely you are to be able to increase your earnings.
Step 6. Now that your site is full of interesting content and equipped with the tools to make it profitable, start promoting and advertising it
Create a Facebook, MySpace and Twitter page. Write advertising articles. Distribute flyers and create business cards. In short, spread your site as much as possible.
Step 7. Start seeing the first economic results
After a week or so, the first earnings should start arriving in your Paypal account. Try to earn as much as possible. Keep advertising your site and adding new articles.
Step 8. Keep track of how much you earn each month
You will need this information for the last few steps.
Step 9. After six months you can calculate total earnings and multiply by two
Assuming you leave the site unchanged, the next six months should bring you the same amount of revenue, if not more. This is the best time to sell your site.
Step 10. Try to find a buyer
Instead of putting your site up for sale in a dedicated marketplace, try to think of a type of company that could use your site. If you have a dog blog, for example, a dog products company might be interested in buying it.
Step 11. Set a price
Websites are typically worth 3-5 times their annual revenue. If your blog, for example, has earned you € 30,000 within six months, the annual income from your site will be € 60,000. You can sell your site for € 180,000 or more, depending on the buyer. Larger companies are generally willing to spend more money on a website than smaller ones.
Step 12. You have just completed your first website flipping
Congratulations! You can take the money you earn and spend it right away or, if you are wiser, reinvest some of it in a new internet. By repeating this process for the next six months, you can ensure a respectable income. If you continue for a year, you will find yourself selling websites for millions of euros.
Advice
- Instead of spending your first earnings to buy yourself a giant house or an expensive car, invest a portion of it in your company.
- Think of websites as a virtual real estate market. The reason website flipping has made many people millionaires is because it equates to creating an asset. An asset is something you can make money from without having to work. There are different types of assets: houses, businesses, etc. If you take care of creating and selling websites you can earn both from the good you create and from its sale.
Warnings
- Never scam people. It's easy to get caught and the punishments are severe.
- Nobody can guarantee you astronomical gains. Like any business, your total income will depend on your determination and willpower.
