Website “flipping” – creating a site and selling it – is a fun and profitable way of making money from your creativity and writing skills. WordPress makes it fast and easy to create a site, just add content, and sell.
I’ve created and sold many websites over the years. Time was, I’d get an idea for something or other, and would create a website.
Let’s look at five tips which will help you to write and sell websites.
1. Establish a Revenue Model for the Website.
People buy websites for their income. The advertising model is:
Perhaps the most sought after form of monetizing information on the web, an advertising model can take many different shapes. Most websites start running impression-based or pay-per-click ad systems, or look into affiliate programs to generate revenue, and super-successful sites may eventually partner with specific brands in very profitable ad deals.
Although the advertising model is the most popular revenue model, there are challenges with it.
Is this model for you? Try it and see. Create a website and monetize it with some form of advertising, and see what happens.
2. Nervous About Tech Stuff? Get Help.
When I was creating and selling websites regularly, I had a couple of partners to help with tech and graphics. You can do it on your own if you have the time and inclination. If you don’t, you can find tech people to set up websites on fiverr.com easily enough, so don’t let your lack of tech skills stop you.
3. For Easy Sales, Consider Your Current Clients: What Do They Need?
The easiest way to sell websites is to sell them to people who know you. So look over your current client list. Do they all have websites? Would a new (or another) website increase their profits?
While you can write and sell websites on sites like Flippa, private sales are easier.
Tip: run a Google search on businesses in your local area (city and state.) Do they all have websites? If not, you can create websites on spec. Create a generic lawyers’ or accountants’ website. Offer it to the people who need it. You’ll get a buyer, and you’ll be able to charge appropriately for your time and energy.
4. Think About Selling Your Current Website.
How much are websites worth? Here’s an article from Patrick Meninga, who sold a website for $200,000:
So my advice to internet entrepreneurs is simple: do not necessarily aim to sell out. Instead, aim for income growth. This will lead to a naturally higher asking price for your website.
Every website you create can be sold. Start looking at your current website from this perspective. Look on the time you spend on it as an investment. Work on increasing the website’s income. Not only will your income increase, but you’re building future income, if you decide to sell it.
5. Watch the News: There’s Website Gold in Upcoming Events.
Are you a sports fanatic? The FIFA World Cup is starting in Brazil. Let’s say you created a soccer website a few months ago. Could you sell that website now?
I did a search for “soccer” on Flippa. Here’s two I found.
The second offering is for the domain only.
You can create websites on many of your interests. I created lots of websites on health and fitness for example, because I’m interested in those topics. You can create websites on any topics in which lots of people are interested, and sell them.
Of course, you can also create websites according to the calendar. Christmas comes around every year. So if you created several websites now, they would be well-established, in time for you to get some extra income over the Christmas holiday period.
If you’re looking for an income stream, create and sell websites. Installing WordPress on a domain take less than 60 seconds. Have fun. 🙂
A reminder: Write to Flip is part of our Write and Sell Bundle, which closes tomorrow.) Check it out.
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