How To Buy and Sell Websites to Make 10 000

Within the past year I have discovered a surefire way to make yourself a great income online as a young adult. That method? Selling websites. Everyday new people are joining the internet and have a URL that they would like to purchase. If you head over to Flippa you will find websites being listed for between $20-$25,000 and up. Some of those websites are well-established domains that bring in thousands of dollars a month in ad revenue for users. However, some of the cheaper websites are fairly new, they just have a great domain that the user was able to snatch up and is now selling. The concept of buying and selling websites, otherwise known as website flipping is not new, but it has become a very popular trend for internet marketers over the past year. Want to learn how you can make some money in this industry of buying and selling websites? Find out now!


What to Look For When Buying a Website

Traffic- If no one is visiting the website, then why would I buy it? Sites like Google and Wikipedia are worth so much money, because millions of people visit them each day. The same goes for you when your buying or selling a smaller website. More traffic = More $$$ 

Revenue- While a site may be getting a lot of traffic, if it is not making any money then why would people want to buy it? Make sure when looking at how much a website makes you look at screenshots for as far back as possible. Sites fluctuate with how much they make each month, so while Site A may have made $4000 last May, that does not mean that Site A is making $4000 each month.

Age of the Domain Name- Google LOVES older, more established websites. When looking at ad postings on Flippa, you will notice that one of the first things they display under every listing is "Established:". People want to buy older websites that have been around for awhile and people know about, not websites that were created 1 month ago with 6 indexed pages. You will notice that older websites always go for more money. College students looking to make money online can take advantage of this by creating a handful of websites at the beginning of the year and continuously adding content throughout the year. Then at the end of the school year you have several established websites that you can make an awesome chunk of change off of, provided you have been offering great content and have been doing effective SEO on the sites.

Social Media Accounts- When pricing websites, social media accounts almost always come into play. Your websites should have active accounts with a decent following. Number of Facebook shares, Tweets, Google +1s and other values can help predict how popular a domain is.

What Should I Do With My Websites?

Once you have your websites there are some tricks that you can do to help your website become established which will make you much more money down the road.

Publish a lot of Content- Google loves content. Not just any content, but unique content. If you are coming up with weekly content that readers love, you will rank better on search engines and ultimately get more traffic and more money. This will fetch you a much higher price as you look to sell the website in the future. You cannot just purchase a site and forget about it, there is some work actually involved.

Have a Good Topic- If you have a website that no one wants to read, then you have the wrong topic. Make sure you pick something that you at least have some knowledge in. You do not want to purchase a website about quantum physics and then have no idea what to write about once you have it. Popular niches that have been know to create a lot of money on Flippa are fitness/health related, technology, food and gaming. As a teen or college student this is your chance to shine as you know more about whats popular in pop culture compared with older adults.

Get Natural Backlinks- The more traffic coming into your blog means the better chances that people will link to your website. The more authority websites linking to yours looks better to Google and search engines. Dont be fooled by BlackHat methods of collecting links. Solid DoFollow backlinks take time to build and there is NO method that will get you on the first page of Google in a week. Dont get discouraged, if you continue to produce quality content people WILL link to it and you will get natural links.

Dont be Afraid to Sell- If after 10 months of having a website you purchased for $100 you get an offer for $5000, dont be afraid to sell the website! Unless you are surely confident that you can fetch more at a later date, take the money when it is there. I had a friend who was offered $12,500 for a Fitness-Niche blog he created, however he did not accept it. A few months later he sold the site for $8000...a $4500 loss!


How Much Should I Buy/Sell My Website For?

When selling your website on Flippa, you should figure out the current value of the site. A simple way to determine this is to do a simple Google search for "how much is my website worth." There are numerous sites that can predict the value of your website based on different data analytics. However, be careful because many of these services often give you a range of values so its best to read some reviews before you stick with a number. A great website that offers you an estimate is www.siteworthit.com. Another great way to determine how much the site should be worth is to compare it to other sites in a similar niche. That way you can get an idea of what past similar sites have gone for and how much you can expect to be making in the upcoming transaction or how much you should be prepared to spend when buying in.

I hope that I have provided you with enough information to help you as you begin the process of buying and selling websites. As always, comment below if you have any questions and thanks for reading!

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CashCrate How To Guide

If youre looking to make money online as a teen, look no further. Cashcrate has been the number one choice for 4 million people looking to make some extra money to supplement their income. The website itself is one of the cleanest, easiest to use interfaces out there which makes making money that much easier.

Recently they have added a "how to guide" to help you make more money.

Under your name click on How To Guide and you will be directed to step by step guides to assist you in making money. Its now easier than ever.

Have a great day everyone!!

Cheers
John

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Top 5 Ways for Teens to Invest Their Money

As you begin to make money as a teen, you will hopefully start to save some. As you begin to save some money, then youll hopefully start to look into the possibility of investing your money in hopes to make a larger return. Let me start off by saying that investments can be very risky. Even the mo
st seasoned wall-street investors can lose millions of dollars at the drop of the hat, which is why it is so important you only invest with funds you can afford to lose and to make sure that you are a smart investor. The number #1 piece of advice that almost all financial services tell you is to make sure that you pay off your debt, such as student loans, before you begin investing. Sure, it may sound cool to have the possibility to turn your $5,000 into $7,000 after a year, but that initial $5,000 can also turn into $0. Then you will be stuck with $0 as well as debt that will continue to grow due to interest. Now that you have that in mind, here are some great ways that you can begin to invest, granted you have all of your debt paid off, with a small amount of money while being a teen, college student, or young adult.

1.) Make a Fantasy Account
The best way to learn about the world of investing is to make a fantasy account. Imagine having $100,000 and allocate that money to various investments. Track your progress over the course of a year and along the way you are sure to learn about the world of business or finance. A great way to do this is to perform this with a couple of close friends or your parents. That way you will have someone to talk about these investments with and learn from. Also, many brokerage accounts offer services where you can trade pretend money for free, which will help you gain knowledge on various investments and what not to do when it comes time to investing real money.

2.) Put Your Money Into a Savings Account
Probably the best advice I can give you when looking to invest your money as a teen is to put it into a savings account. When investing with small amounts of money the potential returns are very small. For example, say you invest $1,000 into a particular company. Dont expect at the end of that year to have doubled your money and have $2,000. A 100% return on a given year is incredibly rare and only happens to the luckiest of investors. A great strategy to have is to take the money that you are planning on investing with, putting it into a savings account for a year, and then making a fantasy investing account so you can learn which investments work and dont work. At the end of that year, you will have more money to invest with and a better understanding of potential investments.

3.) Invest in the Stock Market
Investing in the stock market can be fairly risky, however with the right plan you can minimize your potential loses. It is important to use a fantasy account first so that you understand the ups and downs of the market before you put any real money at risk. It is nearly impossible to predict the direction of a stock and many people invest in a company solely based on speculation of how they will perform in the future. In order to open your own brokerage account you need to be 18 years old, however with your parents permission, they can open up a custodial account for you if you arent yet of age. When investing, keep in mind that you should be investing for long-term gain. Over long periods of time, returns in the stock market have averaged about 10% per year. Some great low-no minimum brokerage accounts that you can check out are Etrade, TD Ameritrade and Trade Monster.

4.) Invest in a Website
With $1,000 you can build a pretty amazing website with a lot of great content on it. You can pay others to design your website, perform SEO for it, write articles for it, get a custom logo and many others all with virtually no work on your end. Fact of the matter is that the only money I put into this website is for the URL and hosting which is only about $10/year and I make easily $1,000 a year with it. With a $1,000 you could build a website on a niche that you are knowledgable on and possibly make some huge returns. Or you could buy 40-50 micro niche sites and make a profit $10-$20 a month on EACH one. I have been investing for roughly 5 years now, in both the stock market and with mutual funds, and I have found that internet marketing blows them all out of the water. It is a lot less risky and a lot easier to predict how much money you expect to make in a given month.

5.) Invest in a Mutual Fund
Investing in individual stocks can be risky because you can lose a ton of money if the company you are investing with comes out with a bad earnings report, or worse, goes bankrupt. Mutual funds are  investment pools run by individuals. Even if you only have a couple thousand dollars to invest, a mutual funds spreads your money out over several different stocks representing different companies. Check out Yahoo Finance or Morningstar to research various mutual funds that you can invest in. Some high earning mutual funds can make you upwards of a 20% return each year.

For some great sites that offer some more free advice on investing for teens check out the list below. Make sure you are smart when you start investing and dont rush into it. When I was 18 I invested $1,000 I had made waiting tables into a tech company without doing any research. The company tanked and I eventually lost $500. So be smart and let me know if you have any questions below!

• The Mint: Investing Tips for Teens
• Investment Education for Teens
• Teens and Stock Trading

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