5000 Dollars In 45 Days - My IM Voyage

On day three of the challenge.  We are going to use a technique called site flipping.  Site flipping involves creating a website after doing research on the topic that you think people are interested in and selling it for a quick profit on a site selling forum.

As mentioned in a previous post, site flipping will become part of the core 45 day challenge strategy.  We will use various methods of keyword research in order to create a website quickly and profitably.  We will then list the website for sale at sitepoint.com.

It is worth mentioning that according to some members over at the warrior forum that site flipping is rapidly becoming non-profitable.  They say that their profits have declined over time, and that flipping websites is not as profitable as it was even six months ago.  My response to this is quality content always sells.  And if you take rewritten private label materials and mix it up into a crap website, you will make crap money.  A properly created website with nice graphics and a photo or two, which will cost you maybe a dollar or two per photo, with good content will easily get you $2-$300 if you create 15 to 20 articles and format them properly.

In order to sell websites for a high dollar amount that website, must have several components.  The first thing that people look for is traffic.  Any website that has a solid record of increasing traffic month to month will get a good price.  Also, less importantly, is the site’s revenue.  On a website selling forum, you do not have to have revenue on a website to sell it successfully.  People who are looking for websites to buy know that not all people have a good idea of how to monetize a website.  They are looking for the potential that a website has as well as a solid record of good traffic from various sources.  That means that you don’t cheat and pay for cheap clicks and try to flip the website and leave the buyer holding the bag.  Doing that will create a very bad impression, and your reputation will go down the toilet.  Webmasters are very reluctant to do business with people who don’t have a solid reputation.  Building that reputation is a core responsibility if you are to become a professional seller of websites.

Having said that, our idea of us quickly flipping a website is not dependent on our reputation or traffic statistics.  A brand-new website is not going to have traffic, and we don’t have to worry about that.  We are being paid for the website’s content, the design and also the niche that we build it around.  Okay, enough chat.  It’s time to get to work.  More updates to follow…

TomG.