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How to Make Money Selling Websites

By Edited Aug 23, 2015 2 1

If you are an entrepreneurial individual that likes to make money online, one area that you might think about getting into is the website flipping arena. Flipping websites typically refers to the practice of buying someone else's money making website, increasing it's earnings, and then selling again to the next investor. In reality it is probably easier for the beginner to skip the first step and, rather than buying an existing website, simply create a website from scratch and sell if for profit. In order to do this you only have to understand a couple of basic points about how to make money selling websites and, once you understand the rudiments, you can get started right away.

How to make money selling websites

The easiest way to think about website flipping is like wagering. When you create a website from scratch you are betting that it will be more valuable to you to have that website's earnings given to you upfront that it would be for you to wait for the website to earn an equivalent amount of money naturally. For instance, if you spend $20 to create a website and it earns $20 for you in a month, you will have made your money back in the first thirty days, though you would be out the time that it took to setup the website. If you were to wait a year, you would have $240 in earnings. However, if you wanted to sell that website you could easily find a buyer for $200 - $300 based upon current market valuations. And you would receive that payment instantly.

Of course, in this scenario, the buyer of the website benefits as well. After 12 months, they would have earned back the money that they spent to purchase your website and any remaining earnings (which could be indefinite) would be profit. And with this $240 you could easily create a dozen more websites which you could then sell or keep in your own portfolio. No doubt, you are beginning to realize why selling websites can be such a lucrative endeavor.

As you look at the numbers, you can no doubt come to appreciate why so many people are excited about being in the website selling business. Now, if you are a beginner and looking to learn more about selling websites for profit, you are in luck. There are a number of resources online which provide explicit instructions for how to get started. A few of these websites sell this information in the form of an ebook or online course but, in most instances, the information is free. If you are wondering what it takes to get started, here is a brief outline.

The first thing that you will need to do before you can sell any websites is actually create some websites. This may sound especially technical or difficult but, I can assure you, it is not. There are really only a few items that you will have to familiarize yourself with and none take more than a couple of hours to master.

The easiest way to sell websites is to use free blogging software that will come with a hosting account from a major hosting company. When you create blogs rather than static websites you do not need to know any code or computer programming and the software is basically point and click. You can be up and running within a few hours and, like I said, the best blogging software is 100% free of charge and comes with any hosting account. Now, you will need to pay for hosting so that your blogs can have an online home but this is, when you consider how much money you can make, a very minor expense. A hosting account at a reliable host will cost less than $10 a month and a re-seller account will cost less than $30. When you think of operating a website business as a business, then you see that these costs of doing business are quite necessary and, in the grand scheme, only a minor cost.

As I have said there are no shortages of people who make full time money flipping websites. There are so players who make six and seven figures a year doing nothing but selling sites. It is good to think big and anyone who learns the ropes can eventually reach this level, but at the outset you should be focused on completing your first profitable website sale. I hope you are beginning to realize that if you take the time to learn how to make money selling websites that you can another valuable skill to your online money making ability.

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Comments

Jan 29, 2010 5:37pm
x3xsolxdierx3x
Nice article and thumbs-up! :)
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