Monday, October 29, 2007

How To Make Money Selling Websites

You can make money selling your websites or becoming a broker to sell websites on a person's behalf. Depending on the avenue you take, you can stand to make a substantial profit. If you've decided that you want to become a broker and sell a website on a company's behalf, then first and foremost you must have access to qualified buyers. Since qualified buyers are the key to successfully brokering websites, then this option should only be undertaken if you have the reach to be in contact with a network of qualified buyers. The way you make money brokering websites is by earning a percentage of the sale of the website.

The majority of people though, make their money by creating and selling their own websites. Websites are extremely valuable if they are receiving a mass of traffic or if they are good income generators. Many users have earned substantial amounts of cash by creating a product or service, making it profitable, and in turn once profitable selling that website.

Selling a website that actually sells a product can be considered a huge asset. Firstly, due to the fact that there is an actual product behind the website, then the value of the product and having full rights to the product needs to be factored into the equation with regards to the selling price. Having this as a factor increases the value of your website. You're no longer just selling a website, but selling a website with an actual product with value.

This is very important, as you can demand a much higher price for your website by having a quality product, rather than just relying on advertising revenue alone. Another key factor to making money-selling websites is the revenue generated from the sales of your product. Usually buyers will request to see a history of your sales; therefore you'll need to have a good and accurate record of all the sales generated throughout the entire lifetime of the product. The reason this is important, is to show potential buyers a chart or outline of the sales. This would provide the buyer with a fluctuation of your product sales.

In some cases, this may actually hurt the potential sale of your website if your website's product is showing a recent history of declining sales, so it's very important that if you are looking to sell your website, to sell it at it's peak and not when it's on the decline. A declining website can lose its value quickly, and the buyer may believe that you're out to get rid of the site before it stops making money altogether.

Keep these points in mind and you can be on your way to successfully making money selling websites.

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.

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