What is site flipping and how could you earn money through it? Are there any alternatives and drawbacks?

Website flipping is simply the creation of a new weblog with the intention of selling it, hopefully for a profit!

There are numerous reasons for doing this and equally loads of reasons why people may want to buy a website. So how is it done?

Well, to start with, it helps if you can find not only a good site name but an admirable blog name. A name that really stands out and probably includes your preferred keywords is a good idea. This adds value to the weblog straight from the start.

And then you need to start building your weblog. You could either flip a site very quickly, once it is established, or hold onto it and sell it when it is a really respected site. It depends on your interests and why you are flipping. So people are merely interested in the creative, getting it going process. They enjoy setting up the site, building the initial reputation and so on, but maybe cannot be bothered running it permanently. Match these up with those that do not know how to get a weblog started and are just interested in running a website and you have a match to flip a site between!

To build your weblog you need to start writing original content and posting it often. You are preparing a product for sale and that product is not merely a domain name with WordPress installed, it is a website with content and a readership. So write quality content, buying in freelance writers to help you build your content if you need to.

You must also look at gaining traffic to the blog. There are a huge variety of tricks to use, from article writing to commenting on other blogs. Or you might like to guest post to other sites or you may merely write some outstanding posts that other bloggers really like and want to link to and show to their readers.

You also need to plan to get the best cost, so install Google Analytics, which is a good system that is widely accepted. This will track your visitors and you can use this as a evidence of your volumes of traffic. It is this that will really add value to your work.

So, when you are ready to sell, how much is your blog worth? The answer is, as much as someone is willing to pay for it. With lots of traffic, a good Page Rank and quality content, this might be a good amount. Look at sites let’s say websiteoutlook.com to get a valuation on your weblog and blogflippingtips.com if you want to find out more around the process and how to get the best value from your weblog.

Then, where do you sell it? Well, you could use services as for instance Sedo to merely sell the domain name, and you might consider it worth while listing the domain name there once it is up and running, even before it is ready for a sale. But websites as for instance flippa.com will allow you to create an auction for your blog once you are ready to sell it. There are small charges involved, but if you have worked hard with your blog then a good reward should await you.

So, get flipping that weblog then create some more!

If you want to keep up with our latest posts, just follow us on our RSS feed, join our weekly newsletter or follow us over at Twitter. Please do join in - it is totally free and only the best posts are passed to you!

Also, leave a comment below. We are a 'DoFollow' blog, so it is well worth your time. Thanks for calling in.