Tag Archives: money

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15 Tips for Making Money by Selling Websites

There are countless entrepreneurs who are buying, growing, and selling websites as a way to make money online. This industry is growing rapidly, and investors are doing transactions worth millions of dollars every month. 

But, finding success in buying and selling virtual real estate is just as challenging as investing in real estate in the physical world. There is inherent risk involved, which means you need the right knowledge and skills to do it effectively. 

If you are looking to get started in this lucrative industry, read this article to discover 15 tips for making money by selling websites. 

1. Choose the Right Niche

Niche selection is key to success selling websites. Instead of targeting an industry, do keyword research to help you target a subset or “niche” within that industry. 

By looking in the right niches for websites to purchase, you avoid making the mistake of buying an unprofitable website based on a passing fad. Instead, you will be able to choose websites with evergreen content that will remain popular and useful for the long term.

Here are a few evergreen niche examples:

  • Money and finances
  • Health and wellness
  • Sports and hobbies 
  • Food and recipes
  • Relationships and personal development
  • eCommerce
  • Small business
  • Education

The great part about niches such as these is that they can also be expanded into multiple sub-niches. 

For instance, a large, overarching topic like “health” can be broken down into sub-topics like mental health, emotional health, food and diet, exercise, and so on. 

You can niche down even further and focus on one health and fitness item, such as paddleboards to help people stay active while having fun. 

2. Know Your Money and Time Limits

Before you consider buying a website, first take inventory of how much money and time you will be able to invest. Purchasing a website comes with risks, and this means that you should only invest what you are willing to lose. 

No matter how attractive a website may seem, the truth is that no investment is guaranteed, so if you can’t afford to lose the money or time, then don’t invest. 

Once you’ve decided on a budget, plan out how much time you will be able to work on the site. If you buy a website that is already making money passively, then you obviously won’t have to make as many changes as you would buying a starter website

However, you may still have to implement changes in areas that need improvement so you can increase your ROI (return on investment) from the sale.

3. Find Websites Worth Buying

Although starter websites are fine, profitable websites are a lot better. It’s possible to build out and sell an unproven website before it has even begun earning. 

However, although this method has the benefit of not having to wait 12 to 18 months for your website to mature to the point that it’s making money, it also has the downside that almost everyone can do this. 

All they need to do is get cheap WordPress hosting, publish a few pieces of content, and then sell the site, which means you’ll probably have to sell your website for a very low price. 

So, when finding websites that you can buy and sell, it’s worth taking the time to identify the ones that will be worth your while. 

Here are a few key performance indicators to consider: 

  • How much revenue does the website generate?
  • How consistent are the earnings (e.g. are there spikes and dips? Are earnings seasonal? 

For instance, some websites, like this lingerie store, can experience earning spikes during the period leading up to valentine’s Day) or this subscription coffee service might see a spike around the Christmas holidays.

  • Is the income generally passive (that is, it isn’t entirely ad-based)?
  • Does the website have upside potential? In other words, can you identify ways for maximizing traffic, expanding revenue sources, and improving existing graphic design and content?

how to buy profitable websites

4 Easy Ways to Save Money When You Travel

Whether you’re traveling for business or pleasure, your next trip doesn’t have to cost a small fortune. Regardless of your current financial situation, it’s wise to plan ahead so your travel adventures don’t derail your budget. One of the most common areas that folks exceed their budgets is excessive spending on vacations and other forms of travel!

The good news is that there are several ways you can reduce your travel costs, whether you’re trotting the globe or just taking a brief excursion to a nearby city!

Follow these steps to reduce your travel expenses:

1. Book early. You can save a lot on the cost of your tickets and reservations by booking well in advance. Early planners also grab the best hotel and transportation deals by booking way ahead of time. 

* It’s not uncommon to save 50% or more on the cost of your airline ticket if you can make your reservations 6 months in advance of your trip. The best time to book is 21+ days in advance. Prices begin to rise between 21 and 14 days before your chosen day of travel. The highest tickets appear after 7 days

* You can save even more on your airline costs by using nearby regional airports rather than flying directly into a large city.

* If you’re required to travel on short notice, seek out the services of a travel club or online travel site that offers price comparisons, discounts for bundles, and special rates for members.

* If you’re traveling internationally, use the train or bus to save big. Go directly to the provider’s website at least 2 to 3 weeks in advance to save up to 50% on train and bus tickets.

* If you’re planning to make stops in several international cities, consider buying a rail pass for your entire route for additional savings.

* If you plan to attend a concert or theater event, get your tickets online rather than waiting. Online coupons and discounts can help you save up to 45% off the price you would pay at the box office.

2. Travel during the off season. Hotels, hostels, and resorts offer steep discounts to travelers who visit during a specific location’s “off season.”

* Most hotels and resorts offer lower rates for rooms booked for Sunday through Wednesday nights, rather than the weekend when they know they can fill the roos.

3. Be selective when deciding which activities you want to do on your trip. It’s easy to fall for local “tourist traps” when you’re on a vacation in an unfamiliar location. Entrance fees and other charges quickly add up.

* If there are attractions that you’d really like to visit on your trip, look for free ways to enjoy the site. A great way to enjoy a site for free is to picnic and play on the grounds outside rather than paying entrance fees to take an inside tour.

* Reducing the number of locations that you explore on your trip will help you preserve your energy levels as well as your wallet!

4. Buy an airport lounge membership.  This is the best tip in my opinion. Get an airport lounge membership with locations in airports around the world. 

* Lounges aren’t always associated with airlines. Airports and private companies like American Express offer lounges in locations worldwide.

* Memberships come with free food, drinks, wifi, space to social distance, booking & rebooking dedicated assistance and more. 

* Lounge members start as cheap as $50 a YEAR through The Jet Set.

It’s unnecessary to go into debt or exhaust your life’s savings just to have a good time when you travel. These simple, money-saving tricks will help you stick to your budget, even when you’re on vacation!

Best Year for Amazon Sellers!

Jeff Bezos is stepping down! Where will Amazon be in a year?
 
Some say Amazon’s luck may run out when the pandemic ends.
I don’t know about all that. I think Amazon is going to do just fine. 
When you look at the numbers, in its most recent quarter (ending December 31, 2020) the company eclipsed $100 billion in sales and had $125.6 billion in revenue. That’s up 44% year over year – despite a historic hiring spree and heavy investments into infrastructure.
 
Others are worried about Jeff Bezos stepping down. It’s a somewhat valid concern – Amazon has been powered by Bezos’ uncompromising standards and legendary work ethic. At least, that’s the way it’s perceived.
 
Bill Gates was CEO of Microsoft for about the same amount of time that Bezos was CEO of Amazon. Microsoft has been doing just fine since he stepped down. 
Or take Apple. After Steve Jobs’ untimely passing, Tim Cook took over – and it’s been business as usual for Apple. In fact, its market capitalization was $360 billion when Cook took over, and today it’s $2.2 trillion. 
What does all of this have to do with you?
Everything! Remember the over $100 billion in sales that Amazon did just in the last quarter?
 
Here’s the thing. Most of Amazon’s sales come not from their own products, but from “third party sellers”. 
 You, me, anyone who wants to. 
People saw their profits dwindle and then evaporate as the pandemic raged on. Unless they were following a certain approach.  If you followed this approach, your profits surged. 
And it’s still early to get in on this.
 
On this free Zoom call, you’ll discover how a few hundred people from all walks of life have leveraged the biggest online marketplace… and the opportunity they almost fell backwards into.
You’re going to get a formula that will allow you to profit from Amazon like clockwork.
And your age, experience level, or location doesn’t matter – plus, you won’t have to jump through the usual hurdles to do this.

 

Amazon business

2021 Best Money Making TIp

Automated Money Making Program 2021

There are lots of recommendations are being offered online on how to make money online in 2021 but most of them are true. As a matter of fact, you still need to work hard to promote the programs to the online audiences for a huge cost of money.

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2021 Best Money Making TIp

Automated Money Making Program 2021

There are lots of recommendations are being offered online on how to make money online in 2021 but most of them are true. As a matter of fact, you still need to work hard to promote the programs to the online audiences for a huge cost of money.

This will only bring stress to your failing online business. Why not get hold of an online program that does not require sponsoring plus you’ll be able to get hold of the different premium apps for marketing, lead and traffic generations as featured and promoted by JVZOO and Warrior Plus. 

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2021 Best Money Making TIp

Automated Money Making Program 2021

There are lots of recommendations are being offered online on how to make money online in 2021 but most of them are true. As a matter of fact, you still need to work hard to promote the programs to the online audiences for a huge cost of money.

This will only bring stress to your failing online business. Why not get hold of an online program that does not require sponsoring plus you’ll be able to get hold of the different premium apps for marketing, lead and traffic generations as featured and promoted by JVZOO and Warrior Plus. 

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2021 Best Money Making TIp

Automated Money Making Program 2021

There are lots of recommendations are being offered online on how to make money online in 2021 but most of them are true. As a matter of fact, you still need to work hard to promote the programs to the online audiences for a huge cost of money.

This will only bring stress to your failing online business. Why not get hold of an online program that does not require sponsoring plus you’ll be able to get hold of the different premium apps for marketing, lead and traffic generations as featured and promoted by JVZOO and Warrior Plus. 

I’m sure that your mind will be blown away when you learn how amazing and powerful both the online opportunity and bonuses. 

Visit the related page to learn more.

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