Business Idea #12 – Buy and Flip Content-Rich Sites for Profit
Posted by KristiNov 6
With this idea, you purchase websites, add value to them, and then flip them for profit. As you know, people love ready-made businesses and will pay top dollar for someone to do all their work.
Flipping a website is very similar to the real estate flipping industry. You simply take the website that you’ve made or purchased, and create more value for the site in different ways. For example, perhaps the person who purchases your website would like more traffic. You could then submit it to directories, social bookmark it, create a Squidoo lens, blog, articles, etc. Or, let’s say that the person wants the site monetized. You could then add an eBook or short report, add affiliate products, etc.
You can do this work for him and charge him for purchasing the website in the beginning, and then for flipping the website to his specifications. Or, you could purchase a site you’re interested in, add value to it, and then sell it for a higher price.
Either way, once you’ve made the website more valuable, you can then resell it to businessmen and women who would like a ready made business to work with. Sounds simple, right?
The thing with purchasing and flipping the site is that you need to make sure you have the available funds to purchase a fairly cheap but nice site. You will also want to be fairly sure you will make a good profit that will pay for the work you do to the site. If you’re not sure about this, creating your own site may be the way to go.
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Hmmmm, never thought about this before. Thanks for the tip!