The home based business of "website flipping" can be tremendously profitable. Lots of people want to start an online business based on their hobby. This kind of customer doesn't want to develop a website from scratch and wait for it to be ready to go. They want to buy an existing website and then take it over and start creating a business from that site. All you have to do is understand what kinds of websites are being bought, program them and sell them to this very lucrative market.
The process is so simple, its amazing more moms who can put up a website don't cash in on it. You pick a popular hobby or topic. Gossip sites are popular as are romance websites or websites devoted to collectors like Barbie dolls or trading cards. Using a little creativity, purchase a URL that will work well for that site and develop the website yourself on your own platform. There is an investment in the URL and the time to make the web site. But most of the investment is in your web development skills, which you may have gained before you became a work-at-home mom.
When the website is ready, you can put it on the market for sale. There are some very active online forums where websites are bought and sold. You can auction off your web site and see huge profit from your work. You bank that profit and move directly onto building your next great ideas for websites that will sell.
Here is an example. Suppose you decide to build a website to be used to buy and sell Hannah Montana collectables. By looking at the popular websites and products that are part of that culture, you get a good idea what people who enjoy that television show like to see in a website. Now you buy the URL allthingshannahmontana.com. Your investment is about $25. Using your web development tools and your own platform, you develop the web site called "All Things Hannah Montana".
When your site is ready, you put it up for sale. This kind of site may go for anywhere from $1000-$7000. It's a bargain because the show is very popular and a buyer can make a great living selling collectables from the website they buy from you. So what is your profit? It may have taken you two weeks to put the website up. Call that a $1500 investment. Your tools and development platform are paid for so the labor and the cost of the URL bring your costs to $1525. If you sold allthingshannahmontana.com for $5000, that is a profit of $3450 for two weeks of work. If you consider that you also got paid for your time, that kind of profit alone represents an annual salary of approximately $130K a year.
You have a natural source of ideas in your kids. They will tell you what is popular and trendy in the youth markets. You can constantly be creating websites to service the hottest new things that will be generating lots of traffic online. By creating websites that are ready to roll out for your customers, your prices for those websites will just keep going up.
Even if you are not extremely skilled in website development, you can make money flipping websites. You can hire an out of work web site developer for $500 a week to put together the websites for you. Then all you have to do is come up with the ideas, retain ownership of the URLs you buy and resell the product to your customers. That is all profit all you did was oversee the project. With enough out of work developers, you can expand that program to sell five or six websites each week rather than two a month. The sky is the limit and all the while, you are staying home being a very profitable work-at-home mom.
Published by fred grabek
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