Website flipping was very popular a year ago but recently it is not as popular mainly because the market got saturated with simple sites being sold for $50 when a year ago you could sell them for $200.  I still believe you can make money from flipping websites and ive created this plan to help you make a living flipping websites

Step 1 – Find A Niche

I’ve personally found selling clickbank products to be very successful as alot of people like to buy digital products online.  Have a search on clickbank for a product you would like to sell that is popular within the market place.  Look to see their gravity rating, the percentage in refunds they have had, this is a good indicator to see if the product has been successful.  Also check to see how good their sales page is also.

Step 2 Keyword Research

I like to use the free tool from Google – https://adwords.google.com/select/KeywordToolExternal to look for keywords related to my niche that i want to promote.  Say for example you want to target the keyword ”loose weight fast” put that into the Google keyword tool and see what the competition is like.  You may wish to use another keyword similar that has less competition.

Once you have found the keyword you would like to use, pick 10 -15 long tail keywords and start writing some articles with these keywords you have chosen.

Step 3 – Choosing a domain

When picking your domain its a good idea to have your main keyword within your domain as this will greatly improve your chances of being on page 1 of Google (e.g looseweightfast.com)  if .com is taken the next best choices are either .net or .org anything else is no good.

Step 4 – Create your website

I would highly recommend setting your website using wordpress as these websites rank very very well in Google.  Google seems to love wordpress because of its structure and how well they are optimised for search engines.

Add some keyword rich articles to your website with some reviews on the clickbank product you are promoting.  If you can also make a video and upload it to youtube and embed this into your website.  Google likes websites with videos on and also readers also like videos about the product they are buying so this will also help your conversions.

Also add a contact page, about me page, privacy page as these also improve your rankings, this is something that Google looks for.

Step 5 – Promote your website

Once you have finished your website you now need to start promoting your website.  Submit around 10 articles to article directories like Ezinearticles with rich keyword content articles with anchor text links pointing back to your website.  Submit your website to all the major social networking websites.  You can use socialmarker.com for this.

You can also join forums related to your niche and write a number of posts with your anchor text link in your signature, this is a great way to drive traffic to your website and increases your serps.  Also blog commenting on blogs similar to your niche is another good method.

Create a squido lens, hubpage and wiki page to provide more backlinks for your website.

Step 6 – Site maintenance

For the next few days monitor the site everyday, checking traffic, sales, average time a user stays on your site, which pages they are exiting from.  Then you can make any adjustments changes or additions to improve.  If its still slow after a couple of weeks i would start submitting more articles to ezine, more blog commenting on other blogs and forum posting to build up your backlinks.

Step 7 – Sell your website

After 3 – 6 months you are now ready to sell your website if it has steady traffic going to it, steady flow of sales every month.  Great websites to sell your website are Digital Point or Flippa.  Generally you can sell your website for 6-10 times your monthly income. So for example if your website is making on average $200 a month from clickbank and adsense you could sell for $2,000.  Not bad for a weeks work.  You can create a new site every week and leave it on autopilot just monitoring its stats and making adjustments here and there.

If you keep your website for longer say for over a year and kept working on building up the backlinks and adding content which increased your monthly sales then you will be able to sell it for even more money.  It all depends how quickly you want to flip your website.