Site flipping can help you establish your first online business if you do it the right way. These the following three techniques to really help you succeed.
You will generally find that high bids only come about when people leave proof as to how much traffic their website gets. Just have your data from Google Analytics at the ready. If you don’t show this analytics data, most serious buyers will never place a bid on your site.
Potential buyers want this information so that they can take your traffic data and then go on to determine the site’s earning potential. Besides that, it’s easier to give live access to your analytics data to your potential buyers, so that they can check out the details for themselves. This will alleviate the need to use screenshots to let them know what kind of data your site is getting. It’s always best to provide at least six months of analytics data, which is why it’s essential that you install Google Analytics the moment your site is created.
When you buy or sell websites in your site flipping business, make sure you always choose the right subject matter. It’s going to be very hard to get anywhere if you choose a niche that nobody searches for, after all. In order to find profitable markets, you should spend time researching as to what niches have high traffic and are in demand. Alternatively, you can also go to website buying/selling marketplace like Flippa.com and check out the kind of sites that are being sold.
You just need expand your horizons to know what markets to target. There will be times when you want to go after a niche because you think it will bring you tons of money, but unless you research the demand and keywords, you shouldn’t make a move just yet. You’ll never know what kind of sites you can flip, you could make up a directory about restaurants or listings of Charlotte Divorce Attorneys and you may be able to sell it for more than you have into it.
Last but not least, come up with some goals so that you know what road to follow. In other words, come up with how much money you plan to make, the types of sites you want to flip, whether or not you want long or short term flips, etc. The more you are clear about what you want and what you’re expecting, the better results you’ll get.
In closing, to see success with site flipping you are going to have to be really flexible and you’ll need to keep abreast of what’s happening in the industry. If you don’t remain current, your competition is sure to pass you by.
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