How practical is it to make money flipping blogs? By this I mean how do you make money by creating a great blog, becoming really popular in your niche and starting to make advertising money and get a large following, and then selling the blog right at it's peak for a large sum of money. Is this difficult to do, and can you make a lot of money this way?
Sure. It's time consuming and the competition is steep. Any business that is built up and earning a profit is going to flip well, but it takes a lot of hard work to get one blog going, let alone as a business model. Even if you were an Expert Internet marketer, no new blog is worth buying without 6 months to a year behind it of steady revenue. Considering it takes most bloggers months to start showing a profit (if not longer), you will either need a team of people to crank them out assembly line style, with the perfect plan of success behind each one, or basically just get it going and sell niche specific blogs that are ready to take over. One at a time, you won't make any money...it takes too long to develop a successful blog, and you are still at the mercy of what ever price the market will bear. Things like domain, niche, revenue stream, and marketing costs all come into play. I would say at this point in the game (5 years late), flipping blogs is not the best use of time to make a good amount of money on the web. If you want to see what a 3 month old blog goes for, just for over to the buy and sell section. There are many people who do nothing but start niche blogs, throw some adsense on them and sell them. They don't sell for very much, since anyone with an hour of time can do the same thing for $10 with an existing hosting account.
in most cases you wont earn more money than what the blog is earning in terms of discounted cash flows over 5 years time.
Also depends on the niche! The more niche the better. It's all really about finding a good buyer in the end.
I have flipped 5 blog so far. It does take up some time before you can earn from the blog. It take me 12 month to optimize the 5 blog and sell it at the 30x of the initial value that i purchase the blog.
Many people don't go so deep. They just create a blog on some hot niche and build some backlinks and some page rank and sell them in higher price. Domain flipping is really a good business.
Yeah I get it, a lot of work. I guess it'd be easier to just make the blog and get a steady stream of income from advertising and affiliate links, rather than trying to flip for a price. Thanks for the advice
take up some time for monetize your blogs..lik SEO Optimization..or anything else....thank you..nice to know you..
I haven't done this myself, but I have a friend who makes between $500-$2,000 per week flipping websites (his income depends on how many sites he is able to sell). I don't think he does any blogs. He says it's a great business and likes it very much.