There are many ways of making money online amongst which flipping websites is probably one that gets more attention. And this business is growing larger by larger everyday as more and more people and trying their hands into it.
I know Building & Flipping Mini Niche Sites is something very common and the general opinion is that this method of generating revenue is now saturated. However, you’d actually be surprised at how wrong everyone’s assumption is.
The key in this case is efficiency and quick turnaround. You need to keep in mind at all times that your aim is to make as many mini niche sites as you can, in as little time, while maintaining the high quality and look.
In this post, I will be explaining some key points on which you should focus if you are looking to make money online flipping websites.
(Stare at the above pic for 10 sec. to see something interesting)
Build Them Quick & Nice
Use wordpress. Yes, Blogs. That’s what we will be making. Register 5 domains to start with. Try to keep them all in a different niche. But make sure the niche is popular and in high demand(for example, during Christmas season you could have made a blog with Christmas dishes recipies, songs etc.). Of course, not too competitive; just enough to interest potential buyers. Get a new shared hosting account to get managed hosting services. Add those 5 domains. Install WordPress on all of them.
Configure & Customize
From this point, start working on them one by one. Individually, You don’t have to put up custom made themes for any of these blogs. A decent looking theme (If you have developer rights to a magazine theme, that would be awesome) will do. But remember to have a custom header and logo for each site. It helps differentiate your blog from the rest that use the same theme as yours.
For plugins, don’t go on experimenting with every new plugin. Install the necessary ones. Over the top of my head, I can recommend All in One SEO, Google Sitemap Generator, Comment Captcha plugin, Secure Login system, Google Adsense management, and Contact Us plugin.
Content and Pages.
Once you’re done with plugins and theme(s). Your next step is adding content. Remember the key – quick and simple. You don’t need 100,000 words of content in a ‘mini niche site‘. I’d say, 4-5 posts of 400-500 words each will be more than sufficent. And of course, pages. Do NOT forget to edit and change the About page. And make sure you add a ‘Contact Us’ page.
Additionally, try to include (if appropriate) these pages; ‘Privacy Policy’, ‘T.O.S’, ‘Sponsored Posts’, ‘Link Exchange’. They may not apply to every niche, but include them in the ones you feel they would do well in. They raise the overall ‘professional’ outlook.
SEO and Promotion
You installed the SEO plugin. Use that, along with pretty-permalinks and make sure your blog has search engine friendly URLs as well as appropriate titles, keywords, description, etc for each post and page. This is optional, but recommended.
Once you’re done with SEO, you’ll have a mini blog with content, a unique logo/header, a decent theme, and all the necessary plugins.
Now, you can either flip it, or promote it a bit, THEN flip it. Promotion would be simply adding all the posts to the top social bookmarking sites and submitting your blog(s) to a few high PR (but free) directories.
Flip It!
You can price it whatever you want. But an average price of $25 – $50 is optimum. If you promoted it, then mention that in your auction. It gives your blogs an advantage. You can try selling your niche sites made for flipping on websites like:
- Flippa.com
- Sitepoint Marketplace
- Digitalpoint Forums
Conclusion
The idea is basically to create as many mini blogs as you can and flip them for cheap. Since you’re selling them for relatively low price ($25 or $50 for a unique content mini site is quite cheap) you can be sure they’ll all sell quick. And because they’re mini blogs, they should be quicker to construct. If you are ready to jump start any business be sure to get involved in flipping mini niche sites.
So, Have you ever flipped a niche site? If yes, what do you say about website flipping business to make money online? For what price your niche site went for? What is your overall outlook of flipping websites for making money online? Let me know by commenting below.
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hmm,
the idea is good. i am thinking to create sites and flip them.
thanks for the idea my friend.
Yes when you flip a website you lose the potential! You lose the audience, You lose the age of the domain and You lose the content…
.-= Link Exchange Forum´s last blog ..How do you choose the platform for your new website ? =-.
Nice simple step by step, a good guide line for sure. 🙂
.-= Dennis Edell´s last blog ..I’m Unsubscribing From Your Blog…..Again =-.
I did flip a landing page that comes with ebook and everything, I made some money from there too. I’ve never flop a blog before but I’m on the way as I’m building a blog, but don’t look for quick sales as $50 is too low for the domain name itself, so I’m going to develop it a bit and then flip it in good price, says $500 and above. I’ll be trying to flip it before June 2010.
Between, $25-$50 is kinda low as the domain name itself costs about $10 already. Your effort and hardwork doesn’t worth as low as $15-$40 right? Just my thought.
Cheers,
Lee
As I said to Keith above, I know that cost is less for many people. But it’s actually sufficient amount for people who are residing in India because that amount converts to a nice amount in our currency.
The $25-$50 cost is appropriate if you haven’t done much creative work over it and the blog is like “ready to go”.
You can work it better by having premium design and more articles and also could try link building and improve its search rankings for keywords which will give a price boost to it.
I have to agree with you, the currency in my country got a good conversion of money from USD to Ringgit Malaysia (RM) as well, about RM3.30+ per USD.
For me, $25-$50 is slightly low for a blog, I would rather keep and develop it until I can sell it in a good price. That’s just my thought and what I will do with my blog.
Cheers,
Lee
.-= Lee Ka Hoong@Theme Blogger´s last blog ..30+ Outstanding Twitter Icon Sets =-.
Yes, I fully agreed that mini sites are good income generators, you can even outsource the creation of the sites and collect the money.
Yeah, outsourcing some part of work in website creation will lower down your work and you can spend that time in some other work for improving that niche site price like link building, promoting it on forums through signature link or blog commenting.
This is really very nice idea, I think I should have to try it. Well I think we can also make some small blogs only for adsense also.
This is a fab post!
I didn’t know it wasn’t saturated. I might give this a go!!!
You’ve done a great job of summarizing this method.
I’ve sold sites at Flippa.com however I wouldn’t suggest a sell price of $25 – $50, there wouldn’t be much profit left over given Flippa’s minimum listing fee is $19. Perhaps adding a little more content than the 4 -5 articles you suggested and offering some bonus PLR content you could stretch for $67 to $147.
Moving into premium theme niche blogs with quality graphics and unique content could fetch you $197 up to $300.
I agree that this market is not saturated, indeed there is a distinct lack of sites on offer that are built on solid foundations like you outline here with SEO even as a consideration, it’s great to see you included that.
There are also cashed up buyers hungry for established sites so setting up some sites today that you intend to market over the medium term could be flipped for a big pay day down the track.
.-= Michelle Adams´s last blog ..Flipping Untangled =-.
Ya, If you are listing at flippa then that price will sound funny. But you can list it at forums having free marketplaces.
If you are selling an established site then the pricing it properly is a must.
If you look at flippa there is a popular site called “BloggingTips.com”. That’s available for sale. The current bid is $15000
I am looking for how much that site goes for… 😉
We can sell niche blog for $100 easily. But it is better that we should do some link building for our blog before selling. It will raise the prices by $500.
hey, flip it! haha.
I am super new to computers in general and especially the interntet. I have been hearing from friends about website flipping but had no idea what it was. so, thanks for the info.