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Is it Profitable to Buy Websites?
Manage episode 326181238 series 2152271
Click on the link below to learn more on buying and selling a website.
https://www.trustthelink.com/is-it-profitable-to-buy-websites/
Hey, wutz going on?
Today, I want to talk about buying and selling websites. Maybe, this has crossed your mind it's too much work to create a website or blog what if I just purchased one that was already successful.
Then I could get passive income from it, right? When it comes to buying a website it’s probably better to know what you’re doing. It’s a good idea to build a website from scratch first before thinking of buying one that is already built.
Sure building a website is slower, but there can be a lot of education in growing it. You can then use that education to evaluate websites. Plus, if you know what your doing you can take a website that you purchased and improve it.
If you created a website and built it up so you’re actually earning money ($100 a month) then you already have a good foundation with buying websites. When it comes to selling a website
Anyone who wants to cash in their work on a website or doesn’t want to grow the website can sell it. Usually, there is a multiplier meaning the average website sells for 30-45x.
You would get 30-45 times what the website earns in a month. If your website earns $100 a month at 30x you would get $3,000 dollars. The 30-45x a ballpark and a website can go for much lower or higher.
Buying a website that has a lot of problems can usually be more trouble than it’s worth! If the Website is NOT making money then it’s not worth anything!
Potential, a wonderful opportunity, and the BEST niche doesn’t mean anything. It’s pie in the sky! It’s best to pay for the proven success that it’s had NOT what could happen.
Other things to consider when buying a website is all the work that is going to be needed signing up for affiliate programs and changing the links so you will get paid.
Some affiliate programs are picky about who they accept. It’s good to keep this in mind when buying ANY website with affiliate programs. Also with the advertising, you are going to have to probably sign up to the network that the site operates and then transfer it to your name. All the other monetization should be thought about as well such as e-commerce, info products, and others.
I really just scratched the surface on buying and selling a website. To learn more simply click on the link in the description or go to my website at Trustthelink.com. I talk about how to avoid getting scammed, which could be helpful.
I talk about where to go to purchase and sell websites, and the pros, and cons of them. Plus, the one thing you absolutely need to have! I hope this video or podcast was helpful. What do you think is having a website or blog overrated? Do you think it's just too competitive to have a website nowadays? Have a good day.
296 episodes
Manage episode 326181238 series 2152271
Click on the link below to learn more on buying and selling a website.
https://www.trustthelink.com/is-it-profitable-to-buy-websites/
Hey, wutz going on?
Today, I want to talk about buying and selling websites. Maybe, this has crossed your mind it's too much work to create a website or blog what if I just purchased one that was already successful.
Then I could get passive income from it, right? When it comes to buying a website it’s probably better to know what you’re doing. It’s a good idea to build a website from scratch first before thinking of buying one that is already built.
Sure building a website is slower, but there can be a lot of education in growing it. You can then use that education to evaluate websites. Plus, if you know what your doing you can take a website that you purchased and improve it.
If you created a website and built it up so you’re actually earning money ($100 a month) then you already have a good foundation with buying websites. When it comes to selling a website
Anyone who wants to cash in their work on a website or doesn’t want to grow the website can sell it. Usually, there is a multiplier meaning the average website sells for 30-45x.
You would get 30-45 times what the website earns in a month. If your website earns $100 a month at 30x you would get $3,000 dollars. The 30-45x a ballpark and a website can go for much lower or higher.
Buying a website that has a lot of problems can usually be more trouble than it’s worth! If the Website is NOT making money then it’s not worth anything!
Potential, a wonderful opportunity, and the BEST niche doesn’t mean anything. It’s pie in the sky! It’s best to pay for the proven success that it’s had NOT what could happen.
Other things to consider when buying a website is all the work that is going to be needed signing up for affiliate programs and changing the links so you will get paid.
Some affiliate programs are picky about who they accept. It’s good to keep this in mind when buying ANY website with affiliate programs. Also with the advertising, you are going to have to probably sign up to the network that the site operates and then transfer it to your name. All the other monetization should be thought about as well such as e-commerce, info products, and others.
I really just scratched the surface on buying and selling a website. To learn more simply click on the link in the description or go to my website at Trustthelink.com. I talk about how to avoid getting scammed, which could be helpful.
I talk about where to go to purchase and sell websites, and the pros, and cons of them. Plus, the one thing you absolutely need to have! I hope this video or podcast was helpful. What do you think is having a website or blog overrated? Do you think it's just too competitive to have a website nowadays? Have a good day.
296 episodes
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