BUY SELL WEBSITES
How To Buy and Sell Websites
Buy
and sell websites is on of the most underrated and predictable,
surefire way to make money on internet. The main reason could be that
most people out there look for easier and quick way to make money than
something more sort of stable online business.
Any business or investment needs time to reap the rewards, whether it's
the real estate, the stock market or any other investments.
Make no mistake a website is like a virtual real estate. Lot depends on
how the website is developed. Throwing up a great looking website is
not a big deal these days. Even noobies (like me few years ago) can do
it. Thanks to the great web design softwares and tools available today.
What
should be the Business Model for Buy and Sell
Websites?
Build a website for very specific niche market (or buy an existing
website that needs some improvement). Re-design the website as per the
plan.
Develop the website. Figure out how to increase the traffic and revenue
of that website.
Run the website for about a year.
Sell the website for multiple times of your investment and earn gnuine
income online.
I know at this point you must be thinking that I'm talking crap. If
this is so easy to buy and sell websites, earn huge cash online then
why so many people not into this? Is this so easy like A,B,C....?
No, buy and sell websites is not easy if you don't know the answers to
the basic questions of how, what, where ans whom.
The "trick" is knowing exactly HOW to do each of these steps and then
knowing how and where to sell the website for an incredible amount of
money. The “whereâ€
to sell is what 99% of website investors get all wrong.
Get
your website flipping start up kit here
Should
You Buy an Existing Website or Make a
Website for sell?
Make
a Website from Scratch and Sell
Honestly, you can choose any of this. If you want to make a website
from scratch, your one and only intention is to sell at a later date.
If you opt for this then your investment is just minimal for a $60
webhosting account with a free domain name for one year.
If you are taking this model obviously you need to put lot of efforts
on design and development of the website. This will include niche
research, content building, full SEO, monetization and most important
generating sufficient traffic.
Of course there will be some more expenses like directory submission,
PRWeb submission and some more traffic building exercises.
Make your mind that when you are in a business of buy and sell websites
you need to give sometime and efforts on that. This sort of business
model is not a get rich quick type but a real business.
Buy an Existing Establishes
Website, Redesign it and Sell
This is an interesting business model. This is also known as website
flipping. The business model is purely dependent on your skill and
knowledge to identify that rough diamond, cut it polish it and then
sell it in thousand times the cost.
Here your investment stake is bigger and so the theoretical risk.
Here are some points you need to ensure before making a buy decision
for a prospective website.
- You must know what kinds of sites to look for and what to avoid.
- Where to find websites for sale.
- Best types of sites to buy.
- How much to pay for a website.
- How to transfer the funds to the seller.
- Fraud checklist to make sure you don't get scammed.
- How to verify the facts & figures the seller provides (due
diligence).
- How to write a purchase agreement to protect you.
- Should you use a lawyer and accountant?
- How to find rundown sites and buy them for pennies on dollar.
- Negotiating tips for getting the best deal (cheaper prices, payment
terms, etc).
Want to Sell Your Website? What
should be its value?
Do you know your website worth? Know your website worth here. This is
just an indicator and no way reflects the true value of your
website/business.
Normally the thumb rule is 10 times your average income for past 6
months. So, if your site is making $100 per month average in profits
and you sell the site for 10x earnings, your sales price would be
$1,000.
Points you must bear in mind while selling websites:
- Go over legal issues such as starting company vs just doing it on
your own.
- Who you should have on your team when it's time to sell.
- Explain timeline of ownership & taxes.
- Should you use a broker to buy or sell websites?
- How risky is this business idea?
- Why should you sell a site when it is making good money?
- How to plan the sale of your site from day one.
- Get your mindset right, motivation, take action, and focus on the end
prize.
Where
to Buy and Sell Websites?
The best place to buy and sell websites is Flippa
Market Place. There are also numerous websites providing the
brokerage service. I personally prefer Flippa due to the high quality
websites and scam protection with verified profiles of members.
Flippa allows you to auction your website with or without a reserve
price, allowing your listing for 30 days. This cost you about $20 to
$50 per listing depending on the advertising feature you are choosing.
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