Website Flipping: How to Build and Sell Websites for Big Profits

Some people breed dogs for a living. Or even horses. Some people grow bedding plants and then sell them on as seedlings in the spring. But have you ever thought you could do much the same thing breeding and selling baby businesses?

It's actually a proven, classic business model.

Over the years, one way a lot of money has been made in business has been to set up a business, get it up and running, and then sell it off for a profit. Famous entrepreneurs such as Richard Branson and Stelios Haji-Ioannou have started up many fledgling businesses over the years... then sold all or part of them on for a juicy profit.

You probably didn't think you could ever become this kind of business tycoon, setting up promising new businesses and then flipping them on for a good profit. But you can. And it will not cost millions to do. It won't take years. (You won't even have to buy a fleet of aircraft!) You can do it all virtually... on the Internet.

This opportunity is something that I've noticed has been going on for a while now in the hidden corners of online entrepreneurship: Basically what some smart online entrepreneurs are doing is creating niche online businesses, setting up a website for them, getting everything moving... purposely with the intention of selling them off for a profit. In some ways, almost like rearing plants or animals for sale!

So in this article I'm going to look at how it is done and whether it is something you could make money from.

Website Flipping: How to build and Sell Websites for Big Profits

One thing I should say. I see this very much as an experimental opportunity blueprint. As far as I know no one has ever looked into how this opportunity might work before. It's very much a first, so to some extent we're moving into uncharted territory.

Exactly how does this opportunity work?

There are basically four steps to this opportunity:

• Identify a business opportunity, eg. a demand or a gap in the market.

• Create a small online business that supplies that demand.

• Generate publicity and traffic for the website.

• Sell the business off to someone who wants an up-and-running business with potential. Repeat the process as many times as you like.

Basically, you're just doing what you would do to set up any small Internet business. But doing it with the idea of selling it for a profit, rather than running the business as such, from day one.

I think you can probably see now how this might work as an entrepreneurial opportunity. It could be perfect for you if you've got good ideas and inspiration (if you haven't I'll show you where to find them shortly!) but aren't all that interested in the day-to-day grind of running a business.

And I think you can see how appealing it might be to buyers. Not everyone is an ideas person. Not everyone can handle the nitty-gritty of setting up a business. And then, of course, some people are lazy. If you pick a good idea there's every chance there will be plenty of people who'll pay a few thousand pounds to buy it from you, even if it's only a fledgling business.

What you need for the website flipping business opportunity

This is very much a desk-based, home-based, PC or laptop business. All your businesses are going to be created and exist mainly online. It's an opportunity you can work from home, in part-time hours.

You'll be creating online shops. So you won't need a bricks-and-mortar shop, or indeed any premises at all. You won't need any machinery or equipment or any staff. In many cases you won't even need any stock (more information about how that works later).

Capital requirements? You might need 100 or 200 or so to set up each business. Maybe even less depending on what type of business is involved. You're not going to need a lot of technical or Internet skill to operate this project either.

Finding great ideas for your fledgling businesses

This is very much an ideas opportunity. The more original your idea the more likely it will sell, and perhaps for more. So don't rush. Take some time to find and research your ideas.

Choose something you're interested or involved in personally. It will be a lot easier to think of good ideas, and to create an attractive online business. For example, are you interested in... driving, or golf, or painting, or martial arts, or reading, or cookery, or cameras, or growing tomatoes? Do you enjoy holidaying in France? Are you a new parent? Anything like this could be a great idea for a fledgling website selling relevant products and services to others.

To have the best chance of success your fledgling businesses should probably be:

• Something that can be operated mostly online.

• Fairly niche, so you are not competing with massive corporations doing much the same thing.

• Original or novel in some way, perhaps having a unique twist that similar websites don't offer.

• Be fairly hands-off, not needing too much personal attention.

• Something that can be transferred to a new owner easily - not needing special skills or experience.

Don't forget websites that sell services as well as products. Also, your website could be some other kind of e-commerce business, not just one selling products or services. For example: A price comparison site. A review site. A forum or chat room. A directory site. They're all online businesses that someone might be very interested in buying.

How trending can help you spot a website flipping winner

Trending means spotting products and services that are new or newish... and getting involved with them as they are enjoying an upswing in popularity. It's a good technique for spotting new website ideas that people will really want to buy.

You can spot trends by monitoring forums, chat rooms, blogs and social networking sites. What's the new "in" product or service that people are talking about... and that you could build an Internet business around? For example, is there a new fashion trend on the streets? Is there a new fitness trend or hobby which you could sell products for? Is a new TV show starting to take off... for which you could sell related products?

Once you've got a few trending ideas check them out using the Google Trends tool. Tap in any subject area, interest or product type - anything from Ugg boots to teeth whitening kits - and it will tell you if it is becoming more or less popular as a search over time. That should give you some clues as to whether there could be an associated website worth setting up.

Spotting trends using Google Trends isn't an exact science. But use it as a starting point, add information from other sources, plus a good dollop of common sense and it can be a very handy tool.

Setting up your website

Once you've decided on your idea the next step is going to be to set up a website for it. Remember, this is very much a clicks-and-mortar opportunity. You won't need a physical shop... your website is your shop front.

First choose a good domain name. Preferably one that says what your online business is about and is as short as possible. (Remember, good domain names can be worth good money in their own right.)

Register your domain name with a domain name registration service. Go for the cheapest registration service you can find and just register the name for one year.

Now arrange website hosting. Again, go for the cheapest hosting you can find. You probably won't need massive bandwidth or storage space. There's no point paying a lot... because your buyer might well move it to their own choice of host in future.

The next step is to design your website. This is one area where, at one time, this opportunity would have come to a crashing halt. Because the cost of getting someone to design and build the site for you would have eaten up a lot of the profit. But a newish development means you can actually build a decent site yourself... even if you don't have a lot of technical know-how.

It's all thanks to something called WordPress. WordPress started a while ago as a kind of blogging system but it's evolved into a fully featured content management system which includes all the tools needed to design and build your own professional website. What's really clever about WordPress is that it's intended for ordinary people to use. WordPress allows ordinary people to create smart looking websites without a great deal of technical know-how.

WordPress is available to you absolutely free.

What is your website likely to need?

Obviously, what your e-commerce site will consist of will depend on what you are selling. Here are a few suggestions:

• Home page. Explaining what your site is about. Tip. Video is the latest website technique. It can be used to create an impressive home page without a lot of writing.

• Useful information about the product/service you're selling, eg. sizing, colour choices, technical information.

• News section.

• Reviews.

• Online shop showcasing your products.

All of these (and many more) can be created with WordPress.

Tip. What I would suggest you do is Google for businesses selling similar products to the ones you have chosen to sell. See what their websites are like. If they appear to be successful and well run you could use similar ideas to build your own website.

Finding suppliers for your business

The next step is to find suppliers who can supply the products and services your website is going to sell, and arrange trade terms with them.

Of course, whoever buys your online business will be perfectly at liberty to find their own suppliers. But a ready-made source of supply all ready to roll will greatly enhance the appeal of your website as a going concern.

Look for an established, reliable supplier: One who knows the product or service well, who carries good stocks, and who will be able to provide all sales and service support. You don't want to have to get involved with this yourself. If you wish, choose several suppliers to create a unique product mix.

How to find suppliers?

When approaching suppliers ask for their best trade terms, ie. a trade discount on their recommended retail prices.

Next, I'm going to look at a couple of ideas that will make sourcing products much easier and which I would highly recommend for this opportunity.

Stock made simple: Dropshipping

Because you don't need any stock to run a dropship-based business (nor the cash to invest in it) you could, in theory at least, have a business with thousands of customers, earning millions a year, and never touch a single product!

Dropshipping is a business model where the seller sells goods but does not keep them in stock. Instead they pass the customer's order to their supplier, who then despatches the goods to the customer directly. The seller makes their profit on the difference between the "buying in" and "selling out" prices.

Here are two ways to line up dropship suppliers:

Use a dropship house. Dropship houses are companies who specialise in supplying dropshippers. Most of them tend to charge you an annual or monthly subscription before you can buy their products however.

Approach suppliers direct. Do a Google or similar search for "dropship"... or dropship plus the name of the product or products you want to source. With luck you'll be able to hunt down suppliers who will sell anything from spare parts for washing machines to sports equipment on a dropship basis.

Stock made simple: Affiliate Schemes

Affiliate schemes are another way of effectively stocking your website business without any stock as such. By signing up to an affiliate scheme you simply promote a supplier's products or services on your website. When a customer clicks on "buy now" the order goes through to the supplier who processes it, supplies the product - and then pays you a commission on your order.

There are affiliate schemes for almost any product or service you can imagine. So, for example, you could set up a travel agency website using affiliate schemes, or a bookshop, or a music/video store, or a wine club, or a ticket agency, or a hotel booking website, to name but a few.

The easiest way to find suitable affiliate schemes is to use an affiliate marketplace site.

Amazon Associates: Amazon Associates is Amazon's own affiliate scheme and one of the easiest to use. With this, you introduce customers to Amazon's range of products - everything from books to music, to electronics and household goods. If they then buy something, Amazon pays you a commission on the sale.

Amazon's aStore is perhaps the most exciting Associates tool. aStore allows you to build your own online shop. You get a ready-made store which can be linked to and from your website and/or any pages within it. You can customise the colours and designs so it will integrate nicely. Then you can pick products from Amazon's range to sell there. (So, for example, if your website is about cookery you can create an aStore which is stocked with a range of cook books plus kitchen equipment and so on.)

Other ways of monetising your site

While we're looking at ways to generate an income from your site it's worth mentioning some other methods you could use. Anything that generates extra income will be a benefit in that it will make your business more interesting to potential purchasers. Here are a couple of ideas:

• Google AdSense: With Google AdSense Google displays relevant ads, on your site and pays you a share of the revenue. It's very easy to sign up and follow.

• ClickBank: ClickBank is a digital products affiliate marketplace. You can find all kinds of ebooks and other digital products there to promote on your site for a commission.

Building traffic for your fledgling website

You don't have to do this... but it will help make your online business attractive to purchasers if you can show that your site is receiving regular hits. Even better if you can build a good level of hits of course, although that can take time.

Here are a few ways of doing it:

• Use Google AdWords to generate traffic by bidding on keywords in Google searches.

• Offline advertising. In magazines that are relevant to the products you are selling.

• Join in forums and chat rooms.

• Write reviews and post them to review sites.

• Exchange links with similar but non-competing websites, or use paid banner advertising.

• Write short articles for article directory sites that point to your site.

Selling your fledgling website... and turning a profit

Once your online business is all up and running, everything is working, and you're generating some traffic you can put it up for sale and cash in your investment.

How to earn extra money online the easy way - Want to make money from home? From ClickBank to Affiliate Marketing, there's a wealth of online business opportunities out there to choose from. At What Biz Opp you'll find unbiased reviews and strategies.

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The Secret of How to Build Backlinks Easily to Rank Highly in Google and the Major Search Engines

You need to know how to build backlinks if you want to rank highly in Google. Building backlinks is the key to your websites success if you want high amounts of traffic to your site.

Backlinks are links from other sites that are directed back to your website. The higher the number of links you have to your site the better because the search engines love links to a site. The more you have the higher you will rank in the search engines.

There are many ways to get backlinks to your site and the most popular method is article marketing. Article marketing is submitting relevant and useful information in the form of articles to article directories such as this one Ezine Articles. The other two article directories that I would recommend are GoArticles and ArticleBase.

When you write an article you get to put links back to your site in the resource box in the form of anchor text. To make the most of your links it should be the keywords that you are trying to rank in Google for.

Another way is to get listed on online article directories which are a list of websites under different categories. It is the same for you RSS Feed which you can submit for free to an article feed directories such as Feedage.com and Rssbuffet.com.

These are three easiest and free methods to how you build backlinks to your site. Link building is a never ending job. When you rank highly in Google or the other major search engines such as Yahoo and Bing you still need to keep building backlinks to stay there.

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How To Self Promote Your Blog

Nobody knows your blog exists unless you promote it for yourself! Did you know that? But perhaps you are unsure how to go about promoting your own blog online? Well, here I am going to provide you a few simple pointers to get you promoting your blog in its first few weeks. You will soon be ready to find products to promote to your selected readership, and then not only will your efforts pay off for you, but you will become renowned as an expert who provides quality solutions within a certain area of interest or marketing.

Do a Google search and find yourself a directory of ezine owners. Offer to write for them: send them articles that subtly link back to your blog. Do ad swaps and banner swaps. Swap lists! Promote an opt in box for each other. Recommend a product or service they provide, on your blog, in the form of a letter of endorsement. Best of all, buy a product they have created or that they promote actively and send them a testimonial email about how much benefit you have gotten from using that product. Include your photo or blog graphics and a hyperlink (URL) back to your blog. Let them publish this. You will enjoy the added attention to your blog that you will receive!

Now try go2web20 directory and see how many web 2.0 sites are in this useful directory! Join some, interact with them, link to them on your blog posts. This is called social bookmarking and should underpin all you do online. It helps provide cross reference to your blog and will surely increase your blog visitor volume and readership!

Marketing on the internet is always a numbers game: the higher number of visitors to your blog, the better chance you have of profitting from sales to those visitors. But perhaps hoping visitors will buy from your promotions at a first casual glance is not going to bring you the success you desire. Capture the interest by providing quality material in your article content and perhaps a daily quote or puzzle or news item in your sidebar. Place an opt in box near the title of your blog or even prepare a pop-up opt in box so you can capture visitors' names and email addresses.

Then you can regularly keep contact and promote your blog brand to these subscribers and you will find your promotion sales profits grow as the number of subscribers on your list builds because it will take at least seven contacts from you before a subscriber will trust you enough to buy from you.

So first use directories to find ezines and web 2.0 sites to promote your blog. Then capture these visitors' details. Then keep emailing them with quality information and news items and throw in some tempting promotions of products you already use, such as the aweber autoresponder service, and write a letter of endorsement highlighting the benefits of that product to both yourself and your prospect. An autoresponder service is of interest to promoters and bloggers in any field or niche because we all need to capture details and respond to our blog visitors.

See what you can achieve with these two simple yet dynamic strategies! I feel confident your readership and profits will be greatly increased six months from now! And if so, then do tell me, because I honestly would love to know! Employ a simple daily system of promoting your blog and you will enjoy the success you yearn for. If you begin to climb a mountain and you keep going up that mountain you will reach the top! And I tell you, you will enjoy the view and the feeling of accomplishment of a goal, for I have climbed mountains in Wales and I daily set myself to climb marketing mountains. Nothing is insurmountable! Take your time. Believe in yourself. Believe in your project. Get out and spread the word. That's life!

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Internet Marketing and Work From Home Jobs

Many people tend to overlook Internet Marketing as an option when it comes to work from home jobs due to misconceptions that it is a very complicated or specialized field. This however need not be the case at all, it is simply because we have been conditioned into this way of thinking that we allow this to get in the way.

The great thing though about Internet Marketing when it comes to work from home jobs is that it need not just stay at a job but can very easily and cost effectively be transformed into multiple very lucrative work from home businesses.

 I know that when I first started looking into this Marketing as a vehicle for Wealth Creation, it all seemed very confusing and seemed an impossible task. But as a Wealth Creator, I went about acquiring the skill sets which I thought I would need in order to build and maintain a very successful Marketing business.

To my amazement, I soon began to get behind the scenes of Marketing strategies and systems and once stripped to their bare bones, realized that it is actually very unnecessary for Internet Marketing to be as complicated as all the 'experts' and 'gurus' made it out to be.

I then set out to build systems and strategies which are kept really simple and cost effective in order to enable anyone to use Internet Marketing not only in order to find work from home jobs, but rather to be able to build work from home ecommerce businesses and be able to find financial freedom.

Work from home jobs might be great for those looking for ways to earn a salary from home, but being able to build work from home businesses is surely far more lucrative and will also give one the opportunity to truly understand the concept of what it is to be a Wealth Creator and lead a life of abundance.

Internet Marketing provides the platform for anyone to truly be able to take control of their own financial freedom and begin to develop and promote themselves into a lifestyle which they might never have thought possible.

Dr. Hannes Dreyer, author of "The Ultimate Beginners Guide to Internet Marketing", is himself a very successful Internet Marketing Entrepreneur who has several Internet business that made more than $90 000 net profit on the first day.

For more free articles relating to Internet Marketing.

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