QUOTE (siteflippingcash04 @ Feb 12 2011, 07:01 PM)
I got a new idea to make money online. So, I like to share it. Also, want to know it's inner strategies.
Website flipping is the art of purchasing, improving and selling websites. The term comes from the home industry where investors will purchase a property, renovate it to include value, and then sell it at a high price. Website flipping is basically exactly the same process online. A trader, or investment group, buys a recognized website, adds value to it and then sells the website in a higher price. Using the price of entry into domain flipping increasing, following a sharply increasing valuations of domain names, website flipping is becoming more financially accessible to the typical investor compared to domain name investment.
Have you more idea about it? Please help me.
These are the steps you have to take.
1. Register a good domain name
2. Buy hosting from a host company like hostgator.com
3. Design you website to suit you domain name.
4. Put rich contents into it.
5. Generate good traffic to your website to get good alexa, google, yahoo ranks. The more popular your site, the more money.
6. List your website with either flippa.com or sedo.com and tag it with your desire price.
Hope I have assist you?
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