below is an article about site flipping. quote it from ezinearticles.com
Creating and selling websites is the process known as "flipping". It's a term that is thrown around quite a bit on the Internet since virtual real estate has taken the net by storm. Many savvy Internet marketers develop websites within profitable niche markets, make them profitable then flip them for quick profits. The intention was never to keep the website long term which is how the turn "flip" comes into play. Your entire goal was to develop the site, get it to a certain level, and then flip it for a profit within a few months.
The amount of time before you flip can vary, but in most cases it is done within a few months. I've personally witnessed flips done in markets such as "Photoshop Tutorials", "Free Web Hosting", and even with products that were created with the sole intention of later flipping for a profit. The goal behind flipping is to first choose a profitable niche, have the website developed for as little cost as possible to ensure your overhead is low, then make that website profitable in a short period of time to quickly sell for profit.
Website flipping is so popular that entire ebooks have now been dedicated to the topic to go over all the aspects from choosing a niche, creating the website, ensuring the site is profitable, to then flipping the website for profit. You'll find that the most crucial aspect with regards to website flipping is the selection of a niche, so keep this in mind, as choosing the right niche will determine how much income you can possibly generate.
As with any venture, the more you put into it, the more money you generate. With the website earning good money, you can in turn flip for a large profit. Keeping and maintaining large profit margins will also have a huge part to play with the website flipping process. I've personally had websites created that cost less than $100 to create then I flipped those websites within a few months for over $2,500.
There are many people who have decided to turn website flipping into a full time business. Their only job is to create new websites in profitable niches that they can later flip for a stream of income. Keep in mind that you earn money for the period of time you own the website, along with the money generated after the flip. With this known, you can now see why many people are now looking to create websites geared specifically for flipping.
The amount of time before you flip can vary, but in most cases it is done within a few months. I've personally witnessed flips done in markets such as "Photoshop Tutorials", "Free Web Hosting", and even with products that were created with the sole intention of later flipping for a profit. The goal behind flipping is to first choose a profitable niche, have the website developed for as little cost as possible to ensure your overhead is low, then make that website profitable in a short period of time to quickly sell for profit.
Website flipping is so popular that entire ebooks have now been dedicated to the topic to go over all the aspects from choosing a niche, creating the website, ensuring the site is profitable, to then flipping the website for profit. You'll find that the most crucial aspect with regards to website flipping is the selection of a niche, so keep this in mind, as choosing the right niche will determine how much income you can possibly generate.
As with any venture, the more you put into it, the more money you generate. With the website earning good money, you can in turn flip for a large profit. Keeping and maintaining large profit margins will also have a huge part to play with the website flipping process. I've personally had websites created that cost less than $100 to create then I flipped those websites within a few months for over $2,500.
There are many people who have decided to turn website flipping into a full time business. Their only job is to create new websites in profitable niches that they can later flip for a stream of income. Keep in mind that you earn money for the period of time you own the website, along with the money generated after the flip. With this known, you can now see why many people are now looking to create websites geared specifically for flipping.
Learn how to quickly and easily make $300-$2000 per deal creating and flipping websites that cost almost nothing to create by visiting http://www.createandflip.com/ , a popular website flipping course that shows how to make money selling websites for profit.
Article Source: http://EzineArticles.com/?expert=Tim_Gorman
