Category: 40 Ideas

Idea #32) Real estate crowdfunding.

Top 40 On-Line Business Ideas
Real Estate crowdfunding.  Should I invest?
By Zricks.com
Many people wonder when they should start investing and almost always, the answer is now. After you’ve saved enough cash to cover a few months of living expenses, think about your financial goals. Everyone hopes to retire someday and the sooner you start saving for it, the better off you’ll be. If your employer offers a 401(k) plan, you should enroll, and if you’re already participating, try increasing your contribution until you reach the maximum allowable. One strategy is to increase your deferral every year after you get your annual raise. At a minimum, you should contribute enough to maximize the amount your employer matches. Employer matching is essentially free money and you don’t want to miss out on that. Remember, as a young investor, time is your greatest asset and even small increases in your annual contribution compound by the time retirement comes around.
In the shorter term, your financial goals may include buying a home of your own. Buying a home is the biggest financial decision most people ever make and how to determine when to take this step is beyond the scope of this piece, so let’s assume you’ve made the decision to buy in the next few years. As you save toward your goal, remember, the sooner you need the money, the less market risk you can afford to take. You might consider allocating a portion of your investments to crowdfunding real estate.
No doubt you’ve heard of crowdfunding and may have participated in campaigns within your social network, but now crowdfunding has entered the real estate world. Crowdfunding lets investors own an interest in real estate with as little as $1,000 and unlike Real Estate Investment Trusts (REITs), investors can choose the exact properties they want to invest in. Virtually all categories of real estate are available through crowdfunding, including single family, multifamily, office and retail.
Is crowdfunding real estate right for you? In the past, crowdfunding real estate was open only to accredited investors, but increasingly, crowdfunding platforms are offering investments to unaccredited investors as well, opening this opportunity to many more people. These investments offer growth or current income, often for terms of two years or less. Of course, no investment is without risk and you need to understand the terms fully before committing any of your capital.
It’s important to find a crowdfunding platform you trust. Read the bios of senior management and look for real estate expertise. After all, crowdfunding may be relatively new, but real estate isn’t and it’s an industry where experience really counts. Make sure the website is informative and easy to use. Are the investments clearly explained? Is there enough information for you to make an informed choice? Is there investor support if you have questions?
After you’ve found the platform, examine the investment offerings. While the type of property, expected return and investment period are all important to consider, don’t forget the most important item: fees. In other words, how much will it cost to hold this investment? Fees reduce your investment return and set you back before you’ve begun. Some crowdfunding real estate platforms charge a 2% property acquisition fee, so for every $1,000 you invest with them, only $980 gets invested in real estate. This might not sound like a lot, but it means the first 2% the property earns doesn’t benefit you, it just gets you back to where you started.If you decide that real estate could help you meet your investment goals, look for a reputable crowdfunding site with an experienced real estate team. Look for solid investments with low – or NO – fees. As with any investment, make sure you understand it fully before investing. With so many investment choices out there, it’s easy to be paralyzed by indecision, but that won’t get you closer to your goals. Real estate has always been a way to build wealth, crowdfunding just brings it into the 21st century.
If you want to make investment your business’ main area of work, real estate can be an attractive niche. But owning real estate is not exactly a hands-off business idea.
Real estate crowdfunding enables you to invest in real estate through online platforms, without the responsibility of directly owning property.
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Top 40 IdeasSurvival ~ Category

Idea #34) Instagram Sponsorships.

Top 40 On-Line Business Ideas
Instagram Sponsorships.
Do you love taking photos and dream of building up a great Instagram following? As you grow your following, more sponsorship opportunities will become available. For example, if your account is focused on fitness, you may be able to sponsor products like protein powder, supplements, etc.

Instagram Sponsorship Program

Discussing the Instagram sponsorship program to get sponsored on Instagram. Brands are looking for people on social media to give them advertising. Lots of people want this because they are also benefits of happiness brands that want you to be their advertisers.

In return for advertising for the company and whatever way that they want you to. They will give you a reward, as this payment can be free products or should be actual cash.

Instagram sponsored ads

If you are an Instagram influencer which generally means that you have at least 2,000 – 10,000 followers. You can post sponsored images that you create in collaboration with the brand and you get paid by them.

So how to find companies who will pay you to process up that you might really do it. But you can’t find the adverts to post. So how to find a sponsored work if you are an influencer on Instagram.

See Also: How to get likes on Instagram easily and make money on Instagram.

Whatever you do, whether it’s gaming, day boarding, lifestyle, beauty, art, and all the other crazy categories that you could go on. Whatever you do there is probably a company out there that could sponsor you. So get paid to advertise on Instagram now.

Instagram sponsorship

See AlsoHow to get a verified Instagram account

Different ways to get sponsorship on Instagram

This is just in general how to capture attention from a business that you like to be working with.

1. Professional image

So make sure you are a person that a company wants to be associated with. You need to find a brand that is actually really good. Make sure that they are legit businesses. The main attraction that goes to the huge part of your image is, what the people first see when they look on to your profile.

See Also: How to know who views my Instagram profile

A company can decide just in a few seconds if they like to sponsor you or they are interested in you. So what they first see is kind of the big first sight impression. So you need to make sure that your page fixes that first impression.

2. Know the company

Make sure you know the company that actually sponsor people. You need to know what the company exactly they do and what they are all about. Just make sure that they are a decent professional company. You need to make sure that you are representing a good company.

See Also: Businesses on Instagram

Once you figure that out, buy their products, as you can’t be in this for the free stuff. You have to like the company. Post photos with their products, tag them in your pictures and also do hashtags. As it will help draw their attention towards you.

Instagram sponsored post for Instagram sponsored ads

See Also: How mush do Instagram models make as Influencer

3. Quality Stuff

The first thing you keep in mind that you shouldn’t do is posting crappy, low quality, or bad picture at all. Make sure the picture you are posting on Instagram should of high quality. Whatever phone you are using whether it’s iPhone or Android, you need to have a nice HD camera [8-10 MP].

So you can also do that with your phone, you don’t need these fancy digital cameras like Nikon or Sony, etc. Make sure it’s good lighting and not overlay filtered or anything like that.

4. Bigger Following

Moreover, you need to have a following like 2,000 to 10,000 followers. People who have a smaller following, unfortunately, love a hard time finding a brand.

As big businesses don’t like to sponsor smaller accounts because that smaller account doesn’t do a lot for them. So if you have a bigger following, the company has something in return that you want. Just keep working and keep putting really good content on Instagram. If you are new to this field, just look for small companies instead of big companies for sponsorship.

5. Professionalism

Once the company sponsors you for posting their stuff, you are representing that company. So what you look like is kind of tied to what they look like after that. So again post high-quality pictures with the company’s product with proper lighting. Make sure that the message you are representing for the company is clear and up to the mark in the picture.

There are a lot of depending factors on all of this. As it depends upon the size of the company. Smaller companies sponsor smaller people as bigger companies like to hire bigger people. So you have to have a clear category of what you are doing on Instagram.

So if you are a gamer, then you should probably look for gaming-related sponsorship. Don’t look for other sponsorship that doesn’t relate to what you post.

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Top 40 IdeasSurvival ~ Category

Idea #35) Buy and Flip Domains.

Top 40 On-Line Business Ideas
Buy and Flip Domains.
You’ve probably heard of people who buy and “flip” real estate, right? They buy a house for a relatively good price, fix it up a little bit, and then resell it for a nice profit.

It’s the same idea for buying and flipping domains. Whether it’s your own domain, or whether you’re looking to buy somebody else’s site and flip it, this can be a good source of online income.

You can use resources like Empire Flippers to both buy and sell your domains.

4 STEPS TO SELLING YOUR FIRST DOMAIN.

By Youssef Akkari

In 2005, LasVegas.com was sold for $90 million. More recently in 2015, Chinese brand Qihoo bought the domain 360.com for $17 million. GoDaddy reports that the most expensive domain ever sold was Cars.com, for $872 million. Buying a domain with the purpose of reselling it at a higher price is a practice known as domain flipping.So, let’s dive into how to flip domains!Excited yet? Well, you should be. But you might be thinking: What are the odds of me making these huge sales? You’re right, they’re slim.However, there are numerous case studies out there of people doing very well with much, much more modest and “achievable” numbers. This guy made $17,000 from a domain he bought for $70. Ali Zandi, a well-known domainer, made $58,000 profit in 60 days selling 8 domains, and finally, a $10 domain investment turned into $2,600.Hearing about these numbers makes anyone’s head spin. It’s natural to ask yourself questions like: How can I get a piece of the action? Is it too late to jump in now? Why do people pay so much for domains names? Do I need a huge budget to get started?Let’s try to answer all these questions and more with this step-by-step domain flipping guide.Interested in flipping entire sites (instead of just domain names), check out my guide to flipping websites.

CONTENTS [SHOW]

WHAT IS A DOMAIN NAME?

A domain (or “domain name”) is the name of the website. These domains always have an extension like .com, .org, .net, or others.

At Niche Pursuits, our domain name is NichePursuits.com. For WebMD, it’s WebMD.com. A domain is the name of the website.

When you hear about a TLD (top level domain) that refers to a domain name with one of the most common extensions (.com, .org, .net, etc.) as opposed to a less common domain extension like “.me” or “.newyork”.

MORE ABOUT DOMAIN FLIPPING

The domain name industry is quite similar to the real estate industry in a lot of aspects. There are end users, brokers, consultants and domain flippers or “domainers.” Domain flipping works similarly to buying a house, renovating it (or even sometimes just sitting on it) and then selling it again at a higher price point.

The gist of it is: you’re purchasing a domain name and betting it is worth (or will be worth) more than you paid for it.

If you’re right, you get a nice paycheck and move on. It isn’t uncommon at all to get several hundred dollars a pop when selling a domain name. The right domain can sell for tens or even hundreds of thousands of dollars or more.

Those who make a living out of this just rinse, repeat, and scale.

RISKS YOU SHOULD BE AWARE OF

Do some people make a living out of buying and selling domains? Yes, absolutely. However, the main risks lie in expectations and mindset. Sure, it may seem like a lot of domains are selling for crazy amounts of money but how many domains actually exchange hands every year? Millions.

Hence, those high-priced domains are obviously the exception rather than the rule.

This is why it’s important to have the right mindset when starting out. Do not go in with the “I will buy this domain and sell it for millions overnight” mindset.

The “get rich quick scheme” mindset is very destructive not just in the domain flipping industry but virtually in any business. Instead, focus on buying cheap, high-potential domains and selling them at modest margins first.

Get the momentum going and build some experience. Finding the right domain names you can buy for $10 and flip for $300 with the right domain investor is actually very doable. But you need to learn the skills to get you to that point.

FLIP DOMAINS OR FLIP WEBSITES?

There’s an important distinction to make here between domain flipping and website flipping. The latter mainly refers to buying and selling full websites. By full websites, I mean websites that actually have content and more often than not have traffic and revenue.

When buying and selling websites, the domain name matters less as the main value there is the content, traffic, revenue, history/reputation, sustainability and growth opportunities.

The same can’t be said for domain names where you’re just selling “the name” and hence it’s all that really matters.

The primary focus of this post is domain flipping.

STARTING BUDGET AND…IS IT TOO LATE?

In theory, you could technically acquire a domain for $10,000 and be able to sell it for $100,000. You could also acquire a domain for $10 and be able to sell it for $100,000, $10,000, or even $100, you get the picture.

Because of this, it’s hard to recommend a perfect starting budget because your strategy, experience, and the pace at which you learn will hugely affect your buying and selling decisions.

That said, my recommended budget for beginners would be $500+. Using this budget you could buy a bunch of high-potential $10 domain names, expired/dropped domain names or a mix of both.

It’s very important to invest only what you can afford to lose and treat this as a side hustle till you get the momentum going.

As you gain experience, industry expertise and some sales under your belt, you can then consider slowly growing your business into a full-time gig.

Now, let’s move on to some practical steps to get your feet wet.

HOW TO BUY A DOMAIN NAME

While flipping a new domain name can be very profitable, domain buying and selling takes some steps to do well. And to do right.

Don’t let terms like “domain registrar,” “domain provider,” or other similar terms scare you. We’ll walk you through the step by step on how to locate domain names with potentials, buy the right domain names.

And hopefully make some really good money flipping domain names.

STEP 1: DEVELOP THE DOMAIN FLIPPING INSTINCT – LEARN TO CALCULATE DOMAIN NAME VALUE

Try throwing a few random domains at an expert domainer and they’ll be able to give you a ballpark figure almost instantly, and more often than not, they won’t be far off. Their experience in the space trained and wired their brains to automatically (and relatively accurately) appraise domains on the fly.

They see a domain’s price tag and they can instantly tell whether it’s under or overvalued. This is probably the most important skill one should have in this industry.

Neil Patel has an interesting related quote: “The most important thing to remember when buying sites is that you always make money on the buy, never the sell.”

In order to successfully do this, you must be able to spot undervalued domains.

This is what will ultimately translate for you into a handsome profit margin when you get the opportunity to resell the domain for its “real value.”

So how do you develop that instinct? NameBio maintains a database of over 500,000 historical domain sales (as of writing this post). They have interesting filtering features by which you can narrow down domains by price range, date sold, keywords and more.

Simply sifting through the listings on NameBio long enough will quickly develop your domain appraisal “instinct.”

Using the keyword search feature you’d also be able to familiarize yourself with how much domains typically cost on average in a certain industry or niche. Even better, they have an addictive little app called The Domain Game available for iOS and Android.

They basically give you a domain and you try to guess whether it sold for three, four, five or six figures.

You get points for each correct answer and lose points for incorrect ones. You do this for a while and you start to see patterns. Your brain starts connecting the dots and you get better it.

You can also use Flippa’s “Recently Sold” for similar data, here’s what it looks like:
flippa domains

Keep practicing using these tools and you’ll get better and better at it. Now you’re ready to go out there and scout some domains!

This is the most important skill a successful domain flipper can build!

STEP 2: HOW TO FIND GOOD DOMAIN NAMES

Finding good domain names to resell is what would typically take most of your time. There are so many different approaches and strategies here. I’ll try to stick to the simpler ones that are budget and beginner friendly.

But first, let’s discuss what makes a good domain:

  • Length: This is pretty self-explanatory. Generally the shorter the domain name, the more valuable it is. This difference in value decreases exponentially as the name gets longer, though. For instance, the difference in price between 3 and 4 letter domains are significant, while the price difference between a 7 and 8 letter domain would usually be much less significant.
  • Dictionary Word/Pronounceable/Memorable/Brandable: A dictionary word domain name is very valuable. Of course, the more popular and widely used the word is, the better. For example, “marketing.com”, “cars.com” and “hotels.com” are 7-8 figure domain names. Even if a domain name isn’t a dictionary word, being pronounceable and/or memorable and/or brandable are all big pluses that add to its value.
  • History: Domains that have expired or have been bought second-hand from previous owners have history. Generally, the old names come with higher price tags. Similarly, domains that have traffic, and good SEO metrics such as DA/PA usually sell at higher price points, as the new owner is getting a nice SEO jump start because of the domain’s history.
  • Extension: Domain name extensions play a huge part in a domain’s value. There are over 1000 domain extensions right now, the most popular of which is obviously the .com. The .net and .org extensions follow. The main advantage of the .com is its instant recognition and familiarity among internet users.

Many non-savvy internet users may not even be aware of the existence of other extensions.

Because there are many new extensions popping up, you can often find amazing one word and 3-letter domain names with these new extensions that are otherwise almost impossible to find unregistered in the .com world.

Additionally, these new extensions are becoming more and more familiar to users every day, hence it’s almost certain that their value will continue to increase as time passes and wider adoption manifests.

Keep in mind that when there’s an overabundance of options that can lessen value. Many of these new extensions won’t be worth anything. But some have the potential to give a huge profit.

This is why developing the ability to tell profitable domain names from junk is so important.

WHERE TO FIND IDEAS FOR DOMAIN NAMES TO REGISTER

There are several ways to find ideas for good domain names.

For instance, you can:

  • Browse domains that are currently selling or have recently been sold at marketplaces and directories such as Sedo, Flippa, and NameBio.
  • Look for expired/dropped domain names on websites like ExpiredDomains.net or JustDropped.com.
  • Analyze market trends and search queries to find potential domains that are likely to be more valuable in the future.
  • Go local. Local domain names have great value for local businesses. For instance: NewYorkPizzaDelivery.com.

Most domainers scour domain marketplaces and directories all day long looking for opportunities to buy an undervalued domain and then resell it. Exploring domain marketplaces is a relatively straightforward process.
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Get easier access to valuable data. Run SEO tests to see what works. Keep a changelog on your site.

  • Quickly see missing opportunities.
  • See valuable queries you didn’t intent to target.
  • Search intent highlighting makes it easy to find commercial opportunities.
  • Iterate to better rankings.

CLAIM YOUR EXCLUSIVE TRIAL

Let’s go ahead and do a practical walkthrough of something a little more complex: market trends and search query analysis.

ANALYZING MARKET TRENDS TO IDENTIFY OPPORTUNITIES

Where do I start? So I heard about bitcoin and I know it’s all the craze nowadays. Let’s start from there. I’ll hop on Google Trends and type in “bitcoin.”

Google Trends basically tracks the popularity of search queries over time, it’s often a goldmine for discovering currently exploding or soon-to-explode topics/terms, etc. So here’s what it looks like:

google-trends

As you can see from the screenshot, it appears that searches for “ripple,” another cryptocurrency, are quickly growing in popularity. Let’s go to the Google Keyword Planner, type in “ripple” and see what comes up:

So the keyword planner came up with 332 keywords related to ripple, most of which can be used to inspire a domain registration related to ripple. Let’s go ahead and get some more ideas. We already know that ripple is another cryptocurrency.

Let’s head to NameBio and explore crypto-related domain sales. We’ll use bitcoin for this experiment. I’ll type in “bitcoin” in NameBio search, select “show all” and then sort by price by clicking on the price column.

Here’s what it looks like:

flip-domains-name-bio

What if we replace “bitcoin” with “ripple” in all these examples? SellRipple.com? RippleGiftCards.com? Ripple.network? Ripple.us…etc. You get the picture. There are a 100 of these on NameBio + the keywords we got from the Google Keyword Planner, that’s hundreds of potential high-value domains right there.

The thing is, we’re only scratching the surface here. According to Wikipedia, there are over 1,600 cryptocurrencies online right now… and that number is only growing!

Multiply that number by the hundreds of potential variations we got from the Google Keyword Tool and NameBio, and your brain will be buzzing with ideas in not time.

Of course, not all the 1,300 currencies will boom, but if you bet on the right ones and take early action, you can get your hands on some very solid domain names.

You can repeat all of this for almost every industry imaginable. Use a seed keyword on Google Trends and the Google Keyword Planner then just let the data guide your journey from there like we just did.

Once you’ve settled on some domain name ideas, you can head over to a bulk domain search tool such as DynaDot’s to mass check all the names against different TLDs. When you’ve found one (or a few) good candidates, you can simply go ahead and register them for approximately $10 each.

The next step would then be to market them. Then finally, it’s a waiting game.

Be careful! When searching for domains, it might be tempting to, for instance, buy mcdonalds.net (if it were available) and then try to sell it to McDonald’s. The logic here would be that they own the .com and wouldn’t want anyone to own the .net and use their name, right? Also, it’s a big name so there’s gotta be a biiiiiiig payday comin’, RIGHT?

Wrong, wrong, and wrong.

BE WARY OF TRADEMARKS

Buying a trademarked domain name could get you into a lot of hot water. Best case scenario is for the trademark holder to force you into handing the domain over and call it a day. Worst case scenario is you get into a legal battle and end up spending an arm and a leg in a fight you will almost certainly lose.

This is why it might be a good idea to use the United States Patent and Trademark Office’s (USPTO) website to check for trademarks if you’re unsure about a domain name.

FLIPPING EXPIRED DOMAINS

So the above was one way to find good potential domain names and register them for $10 bucks. As discussed earlier, there’s also another way that’s often used by the experts: buying expired domain names.

So what are these other strategies anyways?

In order to maintain ownership of a domain, you must renew it yearly. If you don’t, it “expires.” An expired domain goes through several stages before being released again for general registration.

The process differs slightly from one registrar to another but it’s more or less the same.

GoDaddy explains what happens to domains that expire with them here.

Most registrars put their expired domains up for auctions when the grace period ends and the owner is unable or unwilling to renew the domain. These auctions can often be goldmines for several different reasons:

  • An expired domain was obviously a domain that was registered before. Meaning someone was interested in it. This makes it more likely to be valuable than a domain that was never registered.
  • An expired domain has history. Age, traffic and SEO properties like domain DA/PA make the domain more valuable. Even if the domain name itself wasn’t that great, if it’s old (say registered 10 years ago) and has high DA and PA, it’ll be much more valuable than if it was never registered and hence never had any history.

It’s not all rainbows and unicorns though, there are some caveats:

  • A good expired domain will usually sell for quite a bit more than $10. You also risk going to bidding wars over it during auctions and losing it or overpaying for it. This makes reselling with a good margin tougher.
  • Expired domain names must carefully be vetted and scrutinized. Remember, this domain was “used” before and you have no idea what it was used for. It could be blacklisted in search engines, it could have been used for spamming or illegal purposes, it could have been used to defraud monetization networks like adsense….etc.

At the end of the day, the owner of this domain name let it expire and didn’t renew it. So while there may be many legit reasons as to why they might’ve done that, one of the not-very-legit reasons could be that the domain is “dead” in some way or another.

In other words, it’s no longer useful for the original owner because of a penalty or otherwise. If so, it’s unlikely it’ll be of any use for you as well.

So while this if often the method for finding great short domain names that look like they have serious potential, you need to make sure to do all your homework.

SO WHERE DO YOU FIND EXPIRED DOMAIN NAMES?

The most popular place by far is ExpiredDomains.net. The main advantage of ExpiredDomains.net is that it aggregates data from a lot of different auctions and websites around the web. There are also paid services like DomCop.

DomCop helps you identify worthy domains faster by displaying some additional data points that allow you to vet domains easily and in a unified interface.

Finally, there are services that curate domains they believe are worthy such as JustDropped.com’s newsletter.

DOING YOUR DUE DILIGENCE

  • Check backlink profile: If you’re not familiar with what backlinks are, they’re basically any public website that “links” to the domain in question. Since there are numerous shady tactics in the SEO world, expired domains’ backlink profiles should be examined carefully. Check if too many links are coming from the same domain or if links have weird anchor texts/use foreign languages. You can use a tool such as Ahrefs for these purposes.
  • Check Email Spam databases: Check the domain in spam blacklist databases such as UltraTools’. While there are usually processes in place that allow you to dispute blacklist placements, it may not be worth the hassle and could be an early “no-go” indicator.
  • Review Web Archive’s versions of the website: Examine the website’s history and how it looked like using the Web Archive. What was it about? What did it offer? This is useful for a variety of different reasons. It could inspire you as to who a good potential buyer might be (by analyzing the website’s content), and it could also signal some red flags in case the domain was being used for anything shady.
  • Check DA/PA: The “Domain Authority” and “Page Authority” metrics gained significant popularity over the last few years. They seem to correlate well with a domain’s ability to rank in the search engines and hence, a domain having a high DA/PA will typically have a higher value. This is not to say domains with low DA/PA can’t sell for a lot of money because, at the end of the day, it’s just one factor. However, it’s good to take a look at these as they may tip the scale in favor of or against some buying decisions.

STEP 3: PREP WORK AFTER BUYING DOMAIN NAMES

Once you’ve found a good domain, it’s time to go ahead and pull the trigger. You’d usually be purchasing the domain directly from the registrar if it’s brand new ( for around $10). If you’re buying an expired domain, then you’d usually acquire it through an auction or flat-fee, depending on the selling party.

Regardless of whom you purchase the domain from, the first step is to move it to your registrar. There are obviously many out there but my registrar of choice is Internet.bs.

It’s not a super popular registrar but they’re extremely reliable and I love them for a few reasons:

  1. They have some of the cheapest prices around.
  2. They never try to upsell, cross-sell and down sell you endlessly.
  3. You can find almost every domain extension under the sun.
  4. Their control panel has all the settings you’ll probably ever need without any gimmicks or marketing stunts everywhere (Yes, I’m looking at you, GoDaddy).
  5. They provide prompt support that is knowledgeable and friendly.

Of course, you can always go with the classics in the industry like Name.com and GoDaddy, but Internet.bs is my personal choice and I highly recommend them.

Once you acquire the domain, there are a few things that you can do:

  • Landing Page: You may want to make it clearly visible that your website is for sale. To do that, you can include a simple landing page ( see my clickfunnels review) that mentions that the domain is for sale along with a “contact us” form that allows the visitor to send you an email. This gives you the opportunity to receive direct offers which can often be very valuable.
  • Redirection: You can do this after listing your website for sale somewhere. You’d then redirect the domain to the listing or auction in order to drive users who visit the domain directly to the auction and maximize its visibility.
  • Parking: While your domain is just sitting there waiting for its new owner, you might as well take advantage of it. Parking sets up automated advertising on your domain so that you earn money every time someone views/clicks on an ad. This could be especially useful if your domain is an expired one that’s already receiving traffic. Services that offer parking include Sedo, GoDaddy, 1and1 among many others.
  • Content setup: If your domain has potential to attract good search engine traffic, you might want to set up some content to help facilitate that. If this helps your domain do better in the search engine rankings then it’s a big win regardless of whether you choose to flip the domain only or flip the domain with the content as a “website”. The SEO value will be helpful either way.
  • Whois Info: When your domain is for sale you want to be as “reachable” as possible and make it as simple as possible for anyone to inquire about it. This is why it might be a good idea to not opt for private whois so your email and contact info would be easily discoverable.

STEP 4: SELLING THE DOMAIN: HOW TO SELL A DOMAIN NAME TO SOMEONE

While this section may seem like it would be the longest/most important, it actually isn’t. Remember Neil Patel’s earlier quote, “you make money on the purchase, not the sale?” Well, we’ve already made the purchase. At this point, if you have a good domain name, it’s only a matter of putting it out there.

Don’t get me wrong, I’m not saying marketing your domain is not important. But, if you’ve bought a bad domain and you do (and overdo) everything laid out in this section and more, it’s still very unlikely that it would sell.

It’s like car flipping and spending a huge amount of money, time and effort perfecting a car’s paint job, except that this car’s engine is completely fried. You’ll never be able to drive it anyway, no matter how awesome the paint job is, it’s irrelevant.

MANAGING YOUR EXPECTATIONS FOR YOUR DOMAIN NAME VALUE

Before you lift a finger towards selling the domain, it’s important to keep your emotions and personal judgment out of the picture. It’s easy to get emotionally attached to a domain name that you think will be the next big thing and sell for 7 figures.

Control your expectations and keep them based on facts, data and expert opinions. Use a tool like EstiBot to get a general idea of how much the domain may be worth.

Do understand that this is an automated appraisal tool, so take those numbers with a grain of salt. However, it’s great to get you started.

You can also use paid, human-based appraisal services from Sedo and other providers, but these can get costly. If you’re not careful, you could easily overspend on such services and then realize your domain may not even be worth the appraisal fee.

Don’t accept the “value of domain” given to you by domain value calculators like those on GoDaddy or sites selling domain names. They’re incredibly inaccurate and sites selling domains have every reason to inflate the value of the domain name.

Buying and selling domain names isn’t a passive income business venture. This takes a lot of work to make serious profit by matching the right potential buyers with a brandable domain they’re looking for.

WHERE & HOW TO SELL DOMAIN NAMES

So here’s a list of the most common approaches people take when selling domains.

  • Reaching out to potential buyers directly: If you own, say BestRestaurant.com, then it would make sense to try and pitch that domain to restaurant owners. If the domain is even more niched down like BestNewYorkRestaurant.com, then you could also use the help of a directory such as YellowPages to help you narrow down potential candidates.
  • Simplifying inquiry process: As mentioned earlier, making your WHOIS info public and creating a landing page that simplifies the inquiry process could be beneficial as it encourages direct offers.
  • Listing on domain marketplaces: This is the most common route. You should, however, acquaint yourself with each marketplace’s policies and fees before deciding to work with them. For example, Sedo’s commission starts at 10% and BrandBucket prohibits listing the domain anywhere else if you’re selling with them.

Here’s a list of the most popular marketplaces (in no particular order):

  • Sedo
  • GoDaddy
  • Flippa
  • Afterinc
  • Igloo
  • BrandBucket

These should be more than enough to get your domain in front of tons of potential buyers. If you did a good job picking an awesome domain, you should have no problem (eventually) selling it. You need to be very patient as it could take months or even more to land a decent deal.

A lot of domainers sit on domains for years before actually selling them.

This is why it’s best not to obsess over a domain. Simply move on with buying and listing others. Or going back to your day job if this is a side gig, once you’ve listed the initial one.

HOW TO BUY AND SELL DOMAIN NAMES WRAP UP

Professional domainers usually have dozens or hundreds of domains under their belt at any given time. They’re constantly buying and selling domain names to maintain momentum and cash flow. This is usually how the full-timers do it. That’s who you can eventually become if that’s your cup of tea.

There’s a lot of power that comes from learning a new skill, even one like domain flipping. Spencer has used his skill to make niche sites earning over $2985 per month and sell companies in the 7 figure range.

You now have everything you need to get your feet wet and sell your first domain. For your first step, we recommend purchasing your first domain through NameCheap. As the name suggests, they offer very inexpensive domain names of all kinds. It’s the perfect hunting ground to start your business.

Click here to get started with NameCheap

BUY YOUR FIRST DOMAIN WITH NAMECHEAP 

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Idea #36) Sale GDI web sites.

Top 40 On-Line Business Ideas
Buy and Flip Domains. (Part 2)
You’ve probably heard of people who buy and “flip” real estate, right? They buy a house for a relatively good price, fix it up a little bit, and then resell it for a nice profit.

It’s the same idea for buying and flipping domains. Whether it’s your own domain, or whether you’re looking to buy somebody else’s site and flip it, this can be a good source of online income.

You can use resources like Empire Flippers to both buy and sell your domains.

How to Start a Successful website today.

Global Domains International, Inc. (GDI) is the worldwide domain name registry for all .ws (Dot WS) domain names. Our product is an incredible $10 per month package that includes your own domain name, hosting accounts, and up to ten email accounts, plus an easy-to-use online GDI web site Builder 4.02 that will allow you to get a professional looking web site on the web as quickly as possible. And the best thing is, you can try out everything we have to offer, starting today, for FREE.

A world of opportunities at your fingertips.

Design, Manage and Market your website today. GDI has everything you need to succeed online website: Designs, SEO, Web Hosting, Multimedia, Emails, Credit Card Processing, Online Commerce Tools, Social Media & more. Take control of your website using our quick GDI web site Builder 4.02. Get your own website instantly, there’s no commitments, nothing to download, no coding to learn, try it absolutely risk free for seven days. If GDI doesn’t exceed your expectations, simply cancel your account and you will not be charged. Are you ready to get started?


Website Design.
In today’s digital world, you will hardly find any company that doesn’t have its own website. Even if it is a one-page website, having an online presence has become necessary for businesses. In order to look fresh and impressive, companies keep revamping their website design.
If you have all the required skills, then having a business of website design can be the best option for you. You can get lots of clients and few professionals to meet their requirements. This is one of the small business ideas, which has really worked well for many.
GET A WEBSITE DESIGNED FOR YOUR BUSINESS
In the digital realm, a website is an essential element for businesses, irrespective of their size and type. It helps them increase their brand presence via the Internet breaking the geographical boundaries. A professional website design itself can be used to attain various marketing strategies in order to help your business surge. Thoughtfully created website designs have a far outspread reach than any other form of marketing tools.The increasing visibility is one of the factors that necessitate having a site with clean web page design. A professional web design arouses the curiosity of the visitors to dive in further. Whether you’re into construction, food & drink, education, or any such business, Designhill is a single-point destination for all your graphic design need
My Notes…
When visitors reach your website, it’s only the beginning. Determining how they will interact with it is just as important as making your site look beautiful. A functional website gives visitors a positive perception of your brand and impacts how your site will rank in terms of SEO (search engine optimization). Designing your website with user experience in mind has a noticeable impact on how you rank in search engines like Google.
Wrapping Up…
Choosing a business is totally a personal decision. You may find a lot of other possibilities, but coming up with some small business ideas that yield higher profits is little tricky. So, choose your passion from the above list and turn your dream into reality.

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Idea #37) Complete Guide to Domain Flipping.

Top 40 On-Line Business Ideas
Complete Guide to Domain Flipping [2022 Guide]

By Forrest|Last Updated:August 6, 2021

If you haven’t heard of domain flipping yet, don’t worry, many people haven’t. Flipping domains can be an extremely lucrative side hustle capable of making you thousands of dollars per month by acquiring the right domains and selling them for a profit.Need a reason to give domain flipping a try?? It’s EASY! Super easy. And it requires as little as $10 to get started. That’s right. For the same cost as your next lunch, you could get started flipping domains.

The process is simple. Just like flipping furniture or anything else, you’ll need to purchase your inventory (domain names in this case) before selling it for a profit.

In this post, I’ll explain how you can get started flipping domains, how to pick the perfect domain names, how to sell a domain name, and much more. Keep reading to learn how you can start making money with domain flipping in no time!

NameCheap is my favorite domain registrar to easily purchase your next domain name. They are extremely affordable with domains costing less than $9. Sign-up below!

Get Started!

Disclosure: This link is an affiliate link, meaning, at no additional cost to you, I will earn a commission if you click through and make a purchase.

What is a Domain?

In simplest terms, a domain is the “name” of a website. Therefore the domain for my website is “dontworkanotherday.com”.

According to Wikipedia, a domain is “an identification string that defines a realm of administrative autonomy, authority, or control within the Internet.”

You can think of domain names in the same terms as an address for your home. Where your home has a street number and road, a domain name uses the same structure to find and locate a website. Similar to your home, there can only be one address. Each domain is unique. Because there can only be one address, this is where domain flipping comes into play.

What is Domain Name Flipping?

Domain names can be extremely lucrative, and companies (or people) are willing to pay top dollar for some of the premier names. For example, a domain with a name like “sidehustles.com” might be worth significantly more than another domain. Typically, shorter domains will be worth much more than longer domains. More on this below!

Domain flipping is the process in which you purchase a domain and sell it for a profit. The price you can sell your domain for is completely arbitrary.

When flipping domain names, you’ll need to put in the time and effort to succeed. You can check out the video below to learn how this person has made great money flipping domains.

If you’re looking for something more lucrative, you might give website flipping a try.

NameCheap is my favorite domain registrar to easily purchase your next domain name. They are extremely affordable with domains costing less than $9. Sign-up below!

Get Started!

Disclosure: This link is an affiliate link, meaning, at no additional cost to you, I will earn a commission if you click through and make a purchase.

How Much Does a Domain Name Cost?

Before getting started with domain name flipping, you’ll want to keep in mind your budget. The good news is that registering a domain name can be extremely affordable. You will typically pay anywhere from $10 to $25 per year to register your domain. You can pick up a domain for less than $10 on NameCheap!

Because purchasing a domain is so affordable, domain flipping can be a great side hustle for those without a large amount of money.

Where Can I Purchase a Domain Name?

There are many registrars available to purchase domain names. Some are less expensive than others. Some of my favorite domain registrars are NameCheap and GoDaddy. Namecheap offers domains starting for as little as $8.88 per year.

Purchase your next domain with NameCheap here!

Some other options include:

  • Domain.com
  • BlueHost.com
  • Name.com
  • Google Domains

How to Flip Domain Names to Make Money

Now that you know what domain name flipping is, are you ready to get started? Let me show you how!

Find Strong Domain Names to Sell

The first step in flipping a domain is to find the right domain. This can take hours of research and some good old fashioned luck.

To find a domain name, go to any domain registrar and search based on topics you think would be a good candidate.

Some domain flippers have software that helps to analyze a domain name to lessen the time it takes to vet a domain.

Once you’ve found a good domain name, purchase it with a registrar. It typically costs around $10 annually to keep a domain. Not sure if your domain is a good candidate? Don’t worry, I’ll help you decide below.

Where to Sell Domain Names

Sell the Domain Name

Selling domain names can be equally as challenging as finding them. There are a few platforms you can consider listing your domain for sale on. One of my favorites is Flippa. They will take a percentage of the sale so be sure to consider that before listing, but the process is relatively easy.

Another option is to sell the domain privately, but this can be more difficult for those without connections. You can do this in a few ways.

The first is by creating a landing page for your domain where you can include your contact info and the price of the domain (if desired).

I highly recommend using a landing page builder to create enticing landing pages so visitors can easily see some of the information about the domain.

TIP: By using a landing page you can also list any other related domains you might have for sale. This way, even if the buyer isn’t interested in the domain they landed on, they might considering purchasing another one from your portfolio.

The second method is to make your WHOIS information public so that others can see who the domain is registered to and some basic contact info.  If you choose to make this information public, you might encounter more spam emails and inquiries, so keep that in mind.

Finally, listing your domain for sale in public Facebook groups could be another way to potentially sell your domain name.

How Hard is Reselling Domain Names?

The most difficult part of flipping domains is finding the right domain to purchase. This will often be the most time-consuming step. Once you have a system in place domain flipping can become much easier.

As you become more experienced with domain flipping, you should get a good idea of what domain names tend to sell for a higher price than others.

In general, however, flipping domains is relatively easy and can be completed from anywhere making it a perfect low-stress job.

Tips to Find the Perfect Domain to Flip

Below are some tips to help you find the right domain name to make money domain flipping!

Purchase an Expired Domain

An expired domain is a domain in which the person or company that registered the domain stopped paying for it. After this occurs, the name will become expired and typically goes into an auction. You can then bid on expired domains to purchase.

Why would you want an expired domain name?

A few reasons. The first benefit is the name itself. It’s possible to find high-value domains that are expired.

The second reason you might consider purchasing an expired domain is because of its SEO value. Just because a domain name is expired, doesn’t mean the links pointing to that domain disappear. These links can be extremely powerful in terms of SEO. By redirecting the domain to another URL, you will pass a significant portion of the “link juice” to the new domain.

How can you measure the amount of “link juice” for an expired domain?

There are multiple tools you can use that all have metrics to determine the SEO value of a domain. Two of my favorite tools, Moz and Ahrefs both have scores that are associated with a domain rating how much “link juice” they have.

Moz first founded the term “Domain Authority” that aims to depict how easy it will be for your website or domain to rank in Google. The rank is on a 100 point scale with 100 being the highest rating available. The rating considers several factors including backlinks, domain age, and more.

So what is a good domain authority?

This answer is completely subjective, but I believe that a domain with a domain authority of 20 or higher would be an excellent candidate to flip. This domain should have a good ranking potential in Google and other search engines.

Word of warning: it’s not perfect.

While Moz and Ahrefs have done a great job of measuring a domains’ “rankability”, you should use it with caution. Some domains could rank high with these tools but be banned from Google with a manual penalty or contain many toxic backlinks. These should be avoided.

You’ll want to analyze the backlinks to the domain with these tools. If you find that the domain has strong links from authority sites like CNBC, Kitchn, or other well known sites, this is usually a very good sign the domain has significant value.

Purchasing expired domains to flip can be a great way to increase your income potential and diversify your domain portfolio.

NameCheap is my favorite domain registrar to easily purchase your next domain name. They are extremely affordable with domains costing less than $9. Sign-up below!

Get Started!

Disclosure: This link is an affiliate link, meaning, at no additional cost to you, I will earn a commission if you click through and make a purchase.

Look for Short Domains

Shorter domain names are inherently worth more.

Why?

Because they’re easier to type in and easier to remember. With that said, you might find that these domains are more expensive up front, so you’ll want to determine how much you might be capable of selling it for before making your purchase.

If you’re capable of finding a short domain name, it’s best to purchase it before someone else does. These domains can be scooped up in a matter of seconds, so it’s worth a shot.

The majority of short domains have already been acquired under the “.com” extension, however as other extensions become more popular this provides tremendous opportunity.

For example, a short domain like “sidehustles.co” could be a top tier domain even though it doesn’t end with “.com”.

Acquire Local Domains

Local small businesses popup all of the time. By acquiring common domain names for these businesses, you’ll be capable of selling them to local small business owners looking to get started.

For example, a domain like “houstoncleaning.com” might be a great domain to purchase because of its’ local aspect and it is super easy to remember.

Local domains tend to work well for SEO because it tells search engines where your business is located without having to analyze the page for its content.

Find New Untapped Domains

Another great way to find a domain to flip is by searching what’s available. Sometimes you might land on a goldmine of domains. Recently, I purchased the domain “savecashfast.com”. While I haven’t sold it quite yet, I do believe it might be worth a nice chunk of change considering I paid less than $10 for it.

Sometimes you just have to get lucky when you flip a domain. By purchasing a domain name that has no current value, you might be surprised how much it can increase as domain names become rarer.

Opt to Purchase .COM Extensions

Today you can purchase many different kinds of website extensions. If you’ve ever seen a website end in “.co” or “.net”, these extensions are usually purchased if the “.com” extension has already been taken.

By purchasing a .com domain name, you’ll be much more likely to sell your domain and make money.

The downside of these domain names is that they tend to be more expensive when purchasing through an auction. However, whenever you flip a domain with a .com extension, you’re likely to be more profitable.

Purchase “Brandable” Domains

Some domains are easier to brand than others. For example, a domain titled “iHeartLifting.com” would be easier to brand than a domain with random letters and numbers like “hsuw.com”.

These brandable domains are perfect for flipping. When buying domains, try to find ones that are easily brandable as a business or service.

These domains tend to be slightly more lucrative if you can find the right one. You can think of this method as “high risk high reward”. Although at the end of the day, you’re only risking $10 per year.

Absolutely! There is nothing wrong with buying and selling domains for a profit. There are many domain flippers who make a full-time income buying and selling domains.

The only legal trouble you could face is if you purchase a domain that is obviously related to a current business.

For example, if for some reason Apple forgot to renew their domain name, I could purchase the name although because of UDRP laws, I could face a legal battle that could cost a fortune.

Ultimately, you won’t face any legal trouble as long as you don’t purchase a domain name that has obviously been copyrighted.

How Much Money Can You Make Domain Flipping?

Some people have made hundreds of thousands of dollars flipping just one, yes ONE, domain! Domains such as z.com, toys.com, and slots.com all sold for over $5 million, just for the domain name!

Now, there’s a good chance you won’t run into any of these domains in 2021, however, the ability to make money still exists. Even if you can purchase a domain name for $10 and sell it for $100, that’s a $90 profit. Multiply that by 100 domains and you can easily make an extra $9,000 annually from this side hustle.

Domain flipping can be as profitable as you can make it. Every time you flip a domain name you can then reinvest your profits and buy another domain to flip.

Tips to Make More Money Flipping Domains

Here are some tips to help boost your income buying and selling domain names.

Do Your Research

As I’ve mentioned, ensuring you purchase the right domain is critical to making money flipping domains. You should carefully analyze any and all aspects of a domain before you decide to purchase it.

One thing I always do before purchasing any expired domain is looking at its’ history using the website WaybackMachine. This website offers a digital archive of just about every domain registered. You can access screenshots of the domains’ history to get a good idea of what content was previously hosted on the domain.

Check for Penalties or Bans

Before purchasing any expired domain, you’ll want to ensure it isn’t banned by Google as this can crush its value.

You can check to see if a domain is in trouble using isbanned.com or bannedcheck.com.

Give it Time

One common mistake when flipping domains, is selling it too early. Make sure you give your domain some time before selling it for a small profit. You might be surprised

Depending on the popularity of your domain, it might be wise not to take the first offer and instead get multiple offers before deciding to sell.

Consider Investing in a Tool

If you’re interested in purchasing an expired domain, there are several tools you can use to quickly browse many different auctions and domain stats. These tools will offer an easy way to view the domain authority of many different domains, their cost, and several other factors worth considering.

If you’re planning on becoming a high volume domain flipper, these tools can become essential to grow your side hustle.

Don’t Forget About Taxes

As with any side hustle, Uncle Same will certainly want his portion of your profits. If you buy and sell a domain name for a profit, remember to set aside some money so you don’t incur a large tax bill at the end of the year.

Consider Turning Your Domain Into a Profitable Website

Sometimes you might come across a domain that is a great option to build a profitable website on and instead of flipping it, you can choose to build a business out of it.

Whether your goal is to start a blog, build an e-commerce business, or grow various other types of websites, it’s important to remember that it’s okay to NOT flip a domain just because it may be profitable. You may have the possibility of making significantly more money by keeping the domain and growing a business with it. Once your business and website have grown, then you could consider selling it to cash in on your efforts.

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Run Your Business as a Business

While you might not think of domain flipping as a business, it certainly is. And for that reason, you’ll want to run it just like any other business – keeping track of your income and expenses.

As you acquire more and more domain names, your expenses will start to rise and you might start becoming less profitable. Try to keep your expenses low and cash flow positive to grow your business.

If you are working your business as a side hustle and don’t have a significant amount of time, you might consider hiring a VA to help you find valuable domain names.

Is Domain Flipping Risky?

As with any business, there is some slight risk to domain flipping. But here’s the good news: your losses can be extremely small. Because a domain name only costs roughly $10 annually, that’s the amount you can lose.

With that said, if you end up purchasing hundreds of domain names, those annual renewal costs can become costly so you’ll want to ensure you have a plan for each domain.

Dome name flipping can be as risky as you make it.

Why I Recommend Domain Flipping

As with any side hustle or business idea, there are several benefits and drawbacks. Below, I’ll give you some of the top reasons I recommend flipping domain names to make money.

Low Barrier to Entry

As previously mentioned, getting started with domain flipping can cost less than $10 making it a great option for almost anyone. Because you can purchase a domain name for so cheap, you can easily scale your business.

Unlimited Income Potential

The amount of money you can make flipping domains is virtually limitless. If you’re capable of scaling your business, you could even hire someone to complete the research step in purchasing domains, one of the most time-consuming pieces. This will help you to flip more domains and make more money.

Low Risk

Because the barrier to entry is so low, your losses are somewhat limited. A failed domain flip will cost you somewhere around $10 to $20, depending on how long you’ve had the domain name. When you compare that to the amount of money you could make, domain flipping is a no brainer!

Low Competition

Because domain flipping is a relatively new concept, your competition is not as stiff as other businesses or side hustles. When you flip domains, you’ll mainly be competing against others similar to you.

Work as a Nomad

The flexibility domain flipping offers can be a major selling point for those looking to start a side hustle. You can flip a domain from anywhere with a computer and internet connection. That’s right, you could work on the beach and still make money each time you buy and sell a domain name.

If working remotely is valuable to you, I’d definitely recommend you try flipping a domain name or two.

Easy to Get Started

Anyone can start purchasing a domain name and selling it to prospective buyers. There is no special education required.

Domain flipping can be the perfect side hustle for anyone with a little time and desire to make money.

Final Thoughts on Making Money Flipping Domain Names

Flipping domain names can become an extremely profitable side hustle for anyone with a computer and internet connection.

To get started, you’ll first need to find a domain name to purchase at a good price. Then, you’ll need to find potential buyers to sell your domain. You can sell domains a variety of ways including auctioning them on websites like Flippa or you can choose to sell it privately. Many domains can be sold in less than a few weeks, making it a quick way to make a few hundred dollars each month.

Domain flipping is a great low-risk side hustle for just about anyone and I would 100% recommend it for anyone with even the smallest amount of technical skills.

Have you ever flipped a domain name? Comment your experience below!

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Idea #38) Flipping Websites: Make Money.

Top 40 On-Line Business Ideas
Flipping Websites: How to Make Money [Ultimate 2022 Guide]

By Forrest|Last Updated:May 26, 2022

If you’re looking for an online side hustle with an unlimited income potential, flipping websites can be the perfect option for many entrepreneurs.Similar to other forms of flipping, the process is quite simple to understand. You’ll need to purchase a website, increase its profitability before selling it for more than you paid.For those experienced with building and growing websites, your efforts can bring great profits.In this post, I’ll explore what website flipping is, how to flip websites, where to buy and sell websites, and how much money you can make website flipping. Let’s get started!

Want Quick Money? Try These Methods! 👇

What is Website Flipping?

Website flipping is the process of purchasing an existing website with the goal of selling it for more than you initially paid. It’s just like any other form of flipping but with websites or blogs.

There are several methods of achieving this result.

You can think of website flipping as an investment. You’ll need some capital up front to purchase a website as well as time to grow the website. As with any investment, time is the greatest factor when growing a website. The more time you have, the more you can scale your website to flip.

If you’re looking for something a little less challenging and risky, you can also try flipping domains to make money. Instead of growing a website, you can simply focus on snatching up undervalued domains and selling them for a profit. 

Is Website Flipping Profitable?

Flipping websites can be extremely profitable for many online entrepreneurs. Some flippers can make 6-figures annually just by flipping a website or two.

But it can also go south. As with any investment there is a chance of risk when it comes to flipping websites so you need to be careful before investing all of your money.

Flipping Websites to Make Money

How to Flip Websites to Make Money (Step by Step)

Below is the exact process I’ve used to flip websites. There are a few options when it comes to buying and selling websites.

Purchase an Existing Website or Build Your Own

There are two options when it comes to obtaining a website to flip. You can either buy an existing website or build your own. Each offers a unique opportunity to make money but also comes with its own setbacks.

Purchasing a Website

By purchasing an existing website, you can build on a solid foundation. If you purchase a website with a strong backlink profile and great content, you can build the website much faster than building a new website.

The downside of purchasing an existing website is that it can cost a significant amount of cash. Depending on the size and profitability of the website, you can spend anywhere from a few thousand dollars to well over $20,000.

If you plan to purchase a website, you’ll want to do your due diligence to ensure the business is functioning as you expect.

To start, ask the seller for access to the website’s Google Analytics account. This will detail the traffic to the website so you can better understand the website’s potential.

Here are some things you’ll want to look for in a website with good potential:

  • Traffic is from high-value countries (United States, Canada, UK)
  • Traffic is from reliable sources (Organic, Social)
  • The website has a low bounce rate (ideally less than 90%)

Here are some red flags when it comes to buying a website to flip:

  • Traffic is from unusual sources (Direct, Referral)
  • Traffic is from low-value countries (China, India, Ukraine)
  • The website has a high bounce rate (Greater than 90%)
  • The website has a skeptical backlink profile

However, just because a website currently has red flags, doesn’t mean you can’t flip it.

This can also provide a good opportunity to make money. By establishing a solid foundation in the future, you can change the direction of the website to make more money.

Building a New Website

Your second option is building a new website. This will be much cheaper than purchasing an existing website but it can take much longer to grow.

Depending on the website you build, it can take anywhere from 6 months to over a few years to grow.

You’ll need to spend time writing unique and well-examined content, building relationships with other websites to gain backlinks, or growing a social media following to gain traction for your website.

The obvious advantage of starting a new website is that you’ll have complete control of the domain name, content, and monetization strategies of your asset.

You can purchase a domain name from NameCheap for less than $10 annually. Then you can host your site on SiteGround for around $15 per month!

NameCheap is my favorite domain registrar to easily purchase your next domain name. They are extremely affordable with domains costing less than $9. Sign-up below!

Get Started!

Disclosure: This link is an affiliate link, meaning, at no additional cost to you, I will earn a commission if you click through and make a purchase.

Improve Websites Profitability

Once you’ve either purchased or built a website, you’ll need to increase profitability to make money flipping it.

Improving Profitability of Existing Websites

To increase the profitability of an existing website, there are many different options. Below are some ideas to help you get started.

  • Decrease hosting costs by switching hosting providers or using your own server.
  • Optimize existing content on the website to boost Google rankings and decrease bounce rates.
  • Create new content to rank on search engines or promote affiliate offers.
  • Building links to content to boost search results.
  • Growing a social media following to increase traffic.
  • Optimize monetization strategies to include various sources like display advertising, affiliate marketing, or selling digital products.

If the website already has a strong online presence, it’s a good idea to look at decreasing costs or increasing revenues through your monetization strategy.

Improving Profitability on a New Website

If you’ve decided to build a new website, you likely won’t have any profits in the first few months.

You’ll need to spend time churning out high-quality content and growing your following before you can start making money.

Any profits that you make in the first few months or years should be reinvested back into the website to further increase your earnings.

Similar to investing in stocks, your website will grow exponentially with time and effort.

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Sell Websites for a Profit

Once you’ve improved the profitability of your website, it’s time to sell. Websites are commonly valued by the amount of profit it makes each month.

It’s common for the valuation of your website to be around 24-45 times your monthly profit.

For example, if your website profits $250 per month, you have the potential to sell it for around $6,000 to $7,500.

Best Places to Find Websites to Flip

One of the most challenging parts of flipping websites is finding the right website to start with.

But there are several options to help you find a website to buy and flip.

BlogsForSale

BlogsForSale

BlogsForSale is a smaller platform that allows people to buy and sell content sites with ease.

I have personally used BlogsForSale and the process was extremely simple and I have no complaints.

Sell Website on Flippa

Flippa

My favorite place to buy existing websites to flip is Flippa. It’s in the name!

With Flippa, you can browse hundreds of listings of various online businesses including blogs, affiliate websites, and Amazon FBA businesses.

Each listing will include details about the business including how long the website has been registered, how much money the website profits each month, the costs of running the website, and how much traffic the website gets.

Flippa focuses on smaller websites that can be purchased for under $100,000 (although sometimes you can find listing for more than this).

Sell Website on Empire Flippers

Empire Flippers

For those looking to purchase more established websites, Empire Flippers is a good option. These websites will often sell for over $50,000 so you’ll need to have some cash in hand to invest.

Similar to Flippa, you can find websites to buy with detailed information about the history and performance of the site on Empire Flippers.

With EmpireFlippers, you’ll need to prove your funds before they will reveal the full URL of the website you’re interested in. For some people, this could pose issues as you might not have all of the money yet.

Sell Website on Motion Invest

Motion Invest

Motion Invest is another option to purchase a website to flip. They only sell high-quality websites with proven revenues. This comes with a cost, however. You’ll typically find websites listed on Motion Invest slightly more expensive than other sources.

Sites on Motion Invest also tend to be more affiliate heavy meaning they focus on affiliate marketing rather than other revenue models.

InvestorsClub

InvestorsClub

InvestorsClub is another great place to find websites for sale. They have a variety of online businesses for sale including content sites and blogs.

The also have a variety of metrics that are shown alongside each listing that can be helpful to see.

Facebook Groups

There are many different Facebook groups for website investors and flippers looking to grow their business.

For example, the Facebook group below (found here) is all about website flipping and can be a great way to find off market deals.

Website Flipping Facebook Group

Private Deals

Your last option to find a website to flip is to find private deals on your own. This can be more time consuming than other methods but it can also be very profitable.

To do this, you’ll need to find a few websites that you’re interested in and then contact the owner to see if they’re interested in selling.

To find these websites, here’s a technique you can use:

  1. Find a topic or niche you’re interested in
  2. Search a few terms in Google that are related to your niche
  3. Click on the top three results
  4. Put the domain in Ahrefs Site Explorer tool to find estimated traffic
  5. Send an outreach email to see if the publisher is interested in selling

Best Places to Sell Websites

Once you’ve improved the website’s profitability, you’ll need to sell it to make money. There are a few places to sell websites online. I would suggest using the same websites as above: Flippa, Empire Flippers, or Motion Invest.

But there are some pros and cons of using a website broker to sell your site.

You can also opt to sell your online business privately to cut out the middleman and make more money. Because these sites charge fees based on the selling price of the website, you could end up losing out on upwards of 10% of the sales price.

Tips to Flipping Websites

Below are some tips to help you make money flipping websites.

Understand How to Grow a Website

Those without the knowledge of growing a website probably shouldn’t go all-in on website flipping. You’ll want to have the fundamentals of digital marketing and growing a website before you get started.

Check out my post on how to start a blog to get a better understanding of how to grow a website!

Diversify Websites

Just like any investment strategy, diversifying your portfolio is a great way to maximize earnings while limiting risk.

If you’re just getting started website flipping, I’d aim to find a cheap website or build a new website. Once you’ve become more skilled, you can invest in multiple more expensive websites to limit risk.

Explore Multiple Traffic Sources

Most websites will rely on one or two traffic sources to obtain 90% of their traffic. This can be risky. If one of your sources goes away or drops significantly, your online business is in trouble.

Instead, try to grow several traffics sources to limit risk and grow your audience.

For example, if the website you’re looking to flip receives 90% of its traffic from organic search, you might aim to grow its social media following or email list.

My favorite traffic sources for websites include organic search, email, and social media. These traffic sources are reliable and steady that can bring in visitors day in and day out.

Understand Your Niche

There are thousands of potential website niches and types of blogs. To be a successful website flipper, you’ll want to understand your niche and the audience it attracts. This will help you to make better decisions with your content and monetization strategy.

For example, a website that is focused on the food and cooking niche will have different content and monetization methods than a blog focused on investing and finances.

Choosing a niche that you’re interested in is also extremely helpful when flipping websites.

If you have interest in the topic of the site, it will be much easier to create new content and make updates to the site rather than having to deal with a site that you’re not interest in.

Choose an Uncompetitive Niche

Some niches of websites are more profitable than others when it comes to flipping.

For example, if you want to flip a website about the best ways to make money online – this can be extremely competitive and more difficult to flip successfully. However, if you choose a niche like pet care – you’ll likely have a better chance of flipping the site because there are likely less people covering the topic.

When it comes to niches, some of the more competitive ones are those in the YMYL sector. The acronym stands for your money, your life – these are websites can have an “impact a person’s happiness, health, financial stability, or safety” according to Google.

Make Site Speed a Priority

Site speed is becoming more and more important in Google rankings.

A slow website can hurt your traffic and search rankings, which is why it’s important to make sure your site is as fast as possible.

Here are some tips to increase your site speed:

  • Use a fast theme
  • Optimize and compress images
  • Limit the use of plugins on your site
  • Use a content delivery network (CDN)

Emphasize Mobile Friendliness

The majority of web visits are from mobile devices meaning it’s critical to have a website that is easily navigated for mobile users.

In addition, mobile usability has also been reported to be a ranking factor for search engines.

Be sure to find a mobile-friendly theme and use short paragraphs to break up text and users a larger font size to make your site easy to read.

Use Images & Videos

Whenever we think about copywriting, the majority of people think about words.

But that’s not the only part.

Images and videos can be extremely helpful to convey your message and help break up the text on your page.

Adding images and videos can also help improve your SEO by increasing your page’s engagement which is a ranking factor.

Benefits of Website Flipping

Becoming a website flipper has many benefits, just like other forms of entrepreneurship.

Income Potential

Flipping websites can be extremely lucrative.

Some website flippers can make over six or seven figures annually from their efforts.

Remote Work

Another major benefit of flipping websites is the ability to work remotely.

For those who want to escape the rat race, website flipping can provide the ability to work from anywhere in the world as long as you have a computer and internet connection.

Just think, wouldn’t it be nice to live near the beach and work from a coffee shop every day?

If you’re interested in remote work, then website flipping could be the perfect opportunity for you.

Scalability

Flipping websites is extremely scalable.

By hiring freelancers and contractors you can help grow websites through content creation, social media, and link building which can lead to larger profits.

You’re only limited by your own efforts when it comes to website flipping.

How Much Money Can You Make Flipping Websites?

Flipping websites offers an almost limitless income potential. Let’s do some math to help determine how much money you can make flipping websites.

Let’s assume that you can make $5,000 per website flip. If you can flip 5 websites per year, that’s a total of $25,000 annually. Not too bad.

But sometimes it’s better to work with percentages. Let’s assume that you can increase the value of a website by 20% annually. This means that if you purchase a website for $10,000 and grow it for a couple of years, it could be worth $14,400 in just 2 years, a $4,400 profit!

How Long Does Website Flipping Take?

As mentioned websites can grow exponentially given the right circumstances. Depending on your goals, website flipping can take as short as a few months or as long as 5+ years.

For those looking to make a significant income flipping websites, it’s likely you’ll need to hold the website for at minimum one year. If you can output strong content that gains traction, you could opt to sell your website in less than one year.

Final Thoughts on Flipping Websites

Website flipping can be an extremely lucrative online business option for those looking to invest in digital real estate but you’ll need to know a thing or two about growing websites to be successful.

The process of flipping websites is easy to understand. You’ll first need to purchase or build a website to flip. Then you’ll need to work to improve its revenue and profitability. Once you’ve grown the website, you can sell it for a profit to make money.

It’s important to remember when flipping websites that not every website will be a home run. Just like investing or home flipping, there are certain to be some investments that work and some that fail. You’ll want to consider this before investing all of your money into one asset.

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Idea #39) Start a Consulting Business.

Top 40 On-Line Business Ideas
Start a Consulting Business.
Do you have tons of knowledge in a specific field? Then you may have what it takes to be a highly paid online consultant.

As a consultant, you simply must apply the knowledge, skills, and experience you have in a specific field to help clients solve a problem or issue they have in that field.

For further reading, check out this post from USA Today: How to Become a Highly Paid Consultant

The Top 5 Types Of Business Strategy Consulting.

Bertha Yuen
Bertha Yuen

Now more than ever, business strategy consultants play a vital role in the success or failure of sizeable enterprises. We’ve all seen the effects of the sluggish economy. Businesses are trying to find ways to slash spending and be more cost-efficient, but not all methods are as effective for the long-term success of the enterprise. Charting a new course for a leaner, meaner business model requires discipline, planning, operational efficiency, strategic resource allocation, and conservative investments. The right strategies and planning can achieve these objectives in order to ensure a more profitable and long-lasting business model.

The services of a dedicated and experienced consulting firm can be the best investment a business can make in the midst of such economic turmoil. Good consultants will bring time-tested approaches and proven methodologies, as well as cutting-edge technologies and the most up-to-date information, to the table. There are many different types of consulting services that can help achieve a business’ primary goals. These are five of the most vital types of business strategy consulting that could help take your firm to the top – and keep you there.

#1. Operations Consultants

This is one of the most basic and necessary types of business consulting and a great place to start if you’ve never invested in the services of consultants before. Operations consultants can help your enterprise be more flexible, responsive, and sensitive to the demands of clients and the market in general.

#2. Business Strategy Consultants

Once your operations are in order, then it may be time to consider business strategy consulting. Knowledgeable consultants should be able to help you design a roadmap that addresses immediate needs as well as long-term goals, with plans to integrate new initiatives into the current business model to ensure a successful mix of technology, processes, and people.

This type of consultancy will assist your enterprise in achieving and preserving profitable growth at a level that keeps you competitive, even if you do not currently have the systems in place to achieve this type of burgeoning success.

#3. Investment Consultants

Every enterprise should be concerned with how they spend their money, but not every business leader has the tools and information to invest in the most valuable initiatives for his or her enterprise. Investment consultants can help plan and implement an effective portfolio of investments and initiatives that make the most of a business’s precious capital and ensure profitability and longevity.

#4. Sales and Marketing Consultants

Of course, the sales and marketing teams are the bread and butter of any business – without them, there would be no customers to provide products and services to, and thus no money to go around. If your sales and marketing department is not quite hitting the mark, and the effective consulting firm can assess your current strategies and develop a plan to improve upon them.

There are always new opportunities to sell and market your products and/or services if you keep your eyes on the needs of current and potential clients. Your sales and marketing teams need to find and take advantage of these opportunities to ensure growth as well as client retention. Developing the right system and approach can ensure that your people are able to do just that.

#5. Technology Consultants

A little bit of good technology strategy consulting can go a long way in the modern business world. Even with the most talented information technology professionals working hard within an organization, there are still many challenges and roadblocks to IT efficiency that may arise, which require expert consulting to move beyond. If your business utilizes cloud storage or relies on cloud services it may be wise to look into Cloud Consulting Services these are professionals that specialize in working with these types of technologies.

Pretty much any enterprise in any industry will say they want to be innovative and deliver high-quality products and services, but at the same time, they also want to keep costs down. This is often the biggest challenge facing modern enterprises. And with the desire to keep up with technology trends such as social media, cloud computing, services architecture, management of the application portfolio, information governance, global delivery of services, and countless others, it can be difficult to know where to begin.

An experienced and dedicated technology strategy consulting firm can lead the way and help the IT department make decisions and implement initiatives that benefit the entire organization.

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Idea #40) Software testing automation.

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Software testing automation: A guide for project managers.
By
Software testing often gets overlooked, but automating it can be a good way to avoid launch date disasters.It’s the eternal nightmare of software project managers: the system you’ve been working on for months goes live and blows up. A common culprit: a program or a callable module in the software that someone forgot to test or only tested lightly for systems integration because of looming deadlines.A system that blows up on its debut is not a place where any project manager wants to be–yet most project managers know that when deadlines approach, thorough testing of software is the step most likely to be sacrificed in the final push to bring a project in on time.For this reason, project managers can help themselves and their staffs if they look for software automation tools that can assist with testing.

More for CXOs

“More organizations are recognizing this need to automate software testing into projects because the traditional ways of manually testing the software don’t always go far enough to really test if the new application is going to be able to work with the other applications and systems it must interface with,” said Ajay Kaul, managing partner at AgreeYa, which offers software automation testing as a service tools for application testing.

An area of app testing that is particularly vulnerable to being overlooked in a manual testing environment is system integration testing–the test of an application in a “full production” environment to ensure that it works well with other systems and applications it exchanges information with.

Unfortunately, to simulate this full production environment that tests systems integration, DBAs, system programmers and other high demand personnel often have to be bought in to configure a full test environment that can demonstrate that the new app is fully compatible with all other systems. This takes time that is often impossible to find when projects are up against hard deadlines, so the job of doing a complete integration test gets skipped.

It is at this point that the risk of an application failing in production increases–because you don’t really know as an app developer or a project manager if the app will be able to perform under full production conditions until it goes live.

This is precisely the point where many systems crash.

“We understand this dilemma, which is why our goal has been to simply software testing with automation tools that companies can subscribe to as a service in the cloud,” said Ramna Sharma, chief product engineer for testing solutions at AgreeYa. “In business today, user interface changes to applications can get modified many times, and applications that must now process many different types of data can benefit from automated testing of individual programs and also from full regression testing that ensures that the new program will work and integrate well with your other existing systems.”

Automated software testing can dramatically reduce testing times at the same time that it ensures application stability.

To illustrate, Siemens Healthcare Computed Tomography, which produces medial equipment like real-time CT scanners that are expensive to maintain and that must deliver 24/7 uptime and consistently reliable performance, constantly tests its machines to ensure that they are operating properly, and that any new software update is fully compatible and interoperable with the software code base that already is resident on each machine.

To tackle this retesting, Siemens implemented automated testing software that runs at night, and complements the manual testing done during the day. By supplementing QA testing with automated testing, the company was able to save nearly 40% of its QA execution time.

If you’re interested in automating software testing, here are some first steps to take:

  • Learn about available tools in the market and then arrange for a pilot trial with the solution you select should be a first step.
  • If the pilot trial works out well, the next step before purchase should be assessing your current software development and QA processes to determine what process revisions will need to be made to incorporate automated testing. These revisions could involve changes in duties in both the development and the QA areas of IT.
  • The next step is implementing these process changes, which could also include updating job descriptions and responsibilities.
  • For example, the ramifications of automated testing on an IT quality assurance function is that QA testers will need to spend less time manually developing test scripts for software–and they will spend more time in areas of QA that automation can’t address, like ensuring that the software is addressing all of the end business needs it is supposed to address.
  • After this, you are ready to start using the new automation, advisably on a small and non-mission critical first project. The first time through, your staff will experience learning curves as they design new test scripts for the automation software and learn to utilize all of the capabilities that these tools offer.

For project managers, the net result of using automated testing is likely to be a reduction in risk of an application failing when it first is deployed in production because it wasn’t properly integrated and tested with other systems it has to coexist with.

But for anyone who’s ever been caught in a go-live application blowup disaster, the value of this peace of mind doesn’t need to be explained.

Software testing

Every software, website, and tech product needs to be tested for faults or bugs. This is where your business can come in: test other’s software, find bugs, report on usability, and get paid.

There are crowd-testing platforms where you can apply to be a tester, including uTest and Testbirds. There’s also potential in creating your own platform or service business to perform quality control and testing.

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