There’s a new market in town and it’s full of investors and developer who buy and sell websites, trading new and established sites for short terms gains or long term profits.
How does the website marketplace work? As with any marketplace, there is a buyer and a seller. The seller puts a website up for auction and the buyer has the opportunity to bid. On successful completion of an auction, the seller receives payment from the winning bidder and transfers the ownership of the domain and website.
So how do you get involved? If you want to buy and sell websites, you usually fall into one or many of the following categories:
1. Website Designer. You want to build websites but you don’t have any clients to build them for. Why not register a domain, setup a Wordpress blog, add a nice theme, some content and sell it. You can do this and make reasonable money doing so – if you can streamline the process and make good quality sites. These start-up style sites sell on Flippa for between $200 and $500.
2. Website owner with established website. You’ve got an old website sitting in the cupboard gathering dust – one that you’ve neglected and have no time to do anything with. One man or woman’s trash is another’s gender in-specific’s treasure. Dust off that old website and list it in one of the many website marketplaces.
3. Online Business Investors. You’re looking for a revenue generating online business either as a long term investment or to improve an and resell, or “flip” as it’s know.
4. Speculative Site Buyer. You might be looking for a way to shortcut your entry into a particular niche you’ve been eying off. Buying a cheaper start-up site will help you skip the process of registering a domain, building a website and populating it with content. You can then focus on what you’re good at; SEO, content development, business development etc.
If you’re new to the market, work out which category you fall into. You might be a website developer with some spare time looking to make some extra cash by selling ready made packages. You may be an investor looking to invest in virtual property. In either case, take the time to learn about the market and do you due diligence before you buy and sell websites.
Learn more about website flipping at Flippa.com. Start buying and selling websites in the best website auction site.