Internet Marketing the Simple Way

Posts Tagged ‘website flipping’

As you know there are some people who love to flip either websites or domain for their supplement income.  It could be a lucrative business if you keep a tap on the internet market and have a knack on designing and business trade skills.  Read my analysis below if you want to know which one is better between the domain and website flipping.

Domain flipping

Time and Work: It takes less time and work involve to search for a domain that is available.  But the question is, “is there a market for it?” Are they easy to sell?  I have seen a lot of domains at the auction site such as Digital Forum.  They do not have a good domain names.  My conclusion is it is very hard to sell.

Market: The domain market has become pretty saturated over the last couple years and it's made it very difficult to make good money unless you really know what you're doing.  Unless you know some tricks, such as knowing the hot product release, then you may make some money buy grabbing the domain name before it is taken.  You can not get a domain with two or three-word domain now a day.  I am talking about the top level domain (TLD) name.    But it still no guarantee because you do not know what people are looking for.  Remember, internet marketing is a moving target.

Website flipping

Design and Development skills: Website flipping is generally much faster but it all depends on the skill of the person.  Website flipping has to move towards creative designing, development, and implementation.  You must have a passion on design and development or you have an access to development team.  On top of that, you must have a business mind, such as sales and marketing.

Easy to sell: There are a lot of people understand the value of a website.  Its value based on the content, design, age, page rankings, traffic, unique visitors, page views, and other factors, such as the script, products, etc…Normally, you can sell a good website for a multiple of annual revenue because the buyer expect to get their money back in one or two year.  It is a good investment.

Time and work: This website flipping involves a lot more time than the domain flipping.  However, there is a value that people want if you add a unique design, features, and benefits to website.  If there is a need in the market, you will find it very easy to flip the website.  Your time and investment will pay off if you design what people want. In conclusion, I believe you have to check your profile to see if you have what it take to be a website flipper.  If not, forget about investing your time and money on the domain flipping because the market is saturated.

Tip: Learn how to due diligence before buying a site.

What do you think?

Do you agree on what I mentioned above?  If not, please leave your comment below!