Thursday, November 17, 2011

Make Money By Buying And Selling Websites

One interesting way to make money on Internet that has newly emerged is buying and selling of websites. This is relatively a new field and has become a great online business just in few years.

When we talk about websites we think that the person should have good technical skills. But its not so. It is not necessary to be a techie person to do this business. Anyone who does have good business skills can do this buying and selling of websites.

As the talk comes to buying and selling websites there are many questions that flashes into mind such as, How much a website is worth? How to evaluate the value of a website? Where to buy or sell website? 

It is an easy online business to get into. It is possible to purchase a website for a relatively very small amount of money. Many websites point to advertising revenue that will pay back their entire investment within a year.

Evaluate how worth a website is?

There are three ways to find the value of an existing website.
  • You can use a computer program to find the value of a website. Beware of the seller who claims there sites value just based on computer programs evaluation.
  • Compare your site with other site those are similar to it. On what price those sites are being sold? Through this you will be able to get much more clear and exact value of your website. The same way is used to evaluate real estate property.
  • Use Intrinsic value i.e. broke your site into small components and than evaluate how worth they are.

If you are not interested in buying any website then you can even build up your own site by outsourcing or building up on your own and later on sell it if needed. In this case if you are techie person and have good knowledge of some script and programming language then you can make money easily and that too without any investment.

The only thing is that in this case you have to start right from the scratch of building website, having domain name registered and then finally hosting it. And in case you buy a site on low price and then later on sell it then there is no headache at your end on development. 

Here I have listed few advantages of buying a website rather than building it
  • Very less start up work.
  • You have to not work harder to bring search engine traffic and building ranking factors.
  • Make use of existing customers.
  • Need to less or no work out to monetize your website and its profit.

In case you want to purchase a website then there are multiple site over the Internet that can help you for this. Some of them include:-

Flippa.com 
It is the number 1 site for this buying and selling websites and domains.
Sitepoint 
On this you can buy and sell premium sites.

Website Broker 
On this also you can buy and sell websites and domain names too.

This buying and selling of website business is very similar to real estate property business.

As we use to bur some property at lower rates and wait until it price takes good hike and as soon as we get good profit, we sell it. Similarly, in website business we buy a website at lower rates and wait until we get good profit by selling it.

Another way what we do is buy some property, modernize it by doing some investment on it and give it on rent and keep it as an income stream. Same we can do with website. We can buy the website, monetize it and rebuild it and keep it as an income stream rather than selling. As we can sell the property also at much higher rate as it is more modernized same we can do with websites.

Before buying any website do prior research. Find a proven Business model that is actually a big hit in the market so that your investment doesn't go into vain. Small mistake of making a wrong decision can simply waste your money. This is everything about buying a business that is "undervalued".

Once you have found a business model now try to acquire a website that is similar to it or build up something similar to it. Now run your website atleast for a year and monetize it in every way you can. Now you can sell off your business or keep it the choice is yours.

Apart from this websites and real estate properties Domaining business is also there that also works in the same pattern. See Buy And Sell Domain.

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Disclaimer

This is a personal blog about money making ideas and related topics. There might be inaccuracies and the author takes no responsibility of any damage occurring due to the same. The articles posted are my personal opinions that I have gathered over the time span. My opinions are liable to change as I become more educated over the time period. No decision should be made on the basis of the articles of this blog. The author does not accept any responsibility for any damage or inconvenience caused due to the articles and opinions expressed in this blog. The readers are advised to make there research from proper sources before making any investment decision.