I ran across this interesting way to earn money a few days ago, blog flipping, and even though I learned that this is not a new way to earn money online, I wanted to share it with you in case you hadn't heard about it. If you are like me and enjoy creating new blogs and enjoy writing original content, this may be just what you were looking for.
What is Blog Flipping?
Essentially, blog flipping is when you create a niche blog and then sell it. It is likened to virtual real estate. In other instances, it may be a blog you have already created and owned for some time but are unable to keep up and want to sell. The essential steps in blog flipping are:
- Find a niche subject that is currently popular.
- Chose a host site.
- Choose a chatchy name.
- Place original content on it with keywords relevant to the site's subject.
- Monetize the blog with several types of advertising such as Google Adwords, Amazon Affiliates, ClickBank and more.
- List your blog for sale on a blog bidding site.
From everything I've read so far on blog flipping, your blog doesn't have to be a high earning blog or have a proven track record of earning money in order to sell it. Many people are interested in buying blogs that are ready-made so they can place their own ads on it or try to earn money from it. However, if it is a proven earner, it will generate a much higher turn-around price than one that is new.
How Much can You Earn by Blog Flipping?
I've only done some preliminary footwork, but from what I've seen, you can charge anywhere from $100 + for a brand new blog or $1,000 + for one with a few months track record. One website claims that a friend sold a blog for $60,000. On one of the blog bidding sites, I saw many blogs selling for $500, $1,200 and even $3,500. It all depends upon how much work you are willing to put into your blog and how much original content is on it as well as the blog's subject and keywords.
Resources for Blog Flipping
Since I am no expert, I will send you off to some resources on blog flipping where you can learn more. No, I do not make any money by promoting any of these sites. I just think this is an interesting thing to do and want to share it with you.
For a free manual on blog flipping go to: http://www.michelle-adams.com/virtual-real-estate.html
Two blogs that discuss blog flipping are:
Site where you can sell blogs:
I'd love to hear from blog flipper on their experience with this type of sales. Or, if you do try it, let me know how it went. I think it would be a very interesting way to earn money.
(Photo by Daniel Moore @ Stock.Xchng 772351)