Wednesday, February 5, 2014

How I made ~$55,000 in 20 months on a website flip

$55,000 in profit.
The best part?
I did this with a niche I knew little about and I never wrote a single piece of content for the site.
Let me tell you how I did it
Let me start by saying that for this specific sale I can’t share the URL or niche of the website. Sure that would enhance the financial voyeurism on display here, but this is one of those deals where I can’t share all the details. (Want more real life examples? Read example 1 and Read example 2)
How to make money buying and selling websites
To make money from buying and selling websites you’ve gotta first find the right websites worth buying. Next you’ve gotta take the website, work on generating more traffic and making more money from the traffic you receive.
I’ve found it’s much easier to make more money from existing traffic than it is to generate more traffic to a website. This is partly due to the fact that quite simply just adding in a new revenue source can increase how much money a website generates (a single line of JavaScript sometimes). I’ve been making money from websites for over half a decade so I’ve gotten pretty good at just looking at a website and instantly identifying a wide range of new revenue generating opportunities. On the other hand, increasing traffic takes a little more effort but is also doable as well.
Now I’ve already written a book and several blog posts detailing the ideas behind buying and selling websites, so instead of rewriting what I’ve written before I’d like to instead spend more time discussing the specifics of this sale. If you’d like to learn more here’s where you can start:
My book on buying and selling websites (includes real life examples etc):
Buying Websites – How To Invest In Online Real Estate

My first six figure website sale (still working on a seven figure sale):
How I Sold A Website For Six Figures
Six part blog series detailing a website I bought:
Introduction – How To Buy A Website
Part 1 – Two strategies to employ after you acquire a website
Part 2 – How I drastically increased the income
Part 3 – Long term income case study results
Part 4 – $4,000 Investment Paid Off
Part 5 – How to buy websites and profit in less than 12 months
The Story Behind My $42,000 Website Sale
I’m more of a buy and hold style investor as I prefer to find great websites and grow my monthly income as I grow my portfolio of digital assets.
But occasionally I will sell some of my websites. Earlier this year for example I sold off almost all of my websites that were making me only a few hundred dollars per month (those primarily came from earlier times when I wasn’t as focused on bigger projects). It probably wasn’t worth the effort but cutting my total domain portfolio nearly in half over 2013 has helped me focus on my remaining more lucrative websites and projects.
Here Are The Numbers:
Purchased for less than $15,000 in early 2012
Sold for $42,000 via Escrow.com. So take advantage of these wonderful opportunities the internet provides to everyone. To see an example of how to take advantage of it go to: http://visitwebpages.info/paypalchecks/

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