Year end is a great time for making sure all your i’s are dotted and your t’s are crossed when it comes to your website business. The list below outlines 5 important tasks that will help keep your website and your website business on track next year.
When I see a copyright date on a website that says something like “Copyright 2003. All Rights Reserved”, two thoughts go through my mind.
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Things have been a little quiet around FlipWebsites.com lately, but that’s about to change. David and I have been working hard behind the scenes to come up with a new editorial plan for FlipWebsites.com. Here’s the scoop on what’s coming.
There’s more in the works that I can’t quite reveal yet so please stay tuned and keep reading!
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Let us know what you think of our road map by commenting below.
You may have noticed that I’ve been churning out fewer articles here at FlipWebsites.com in the past few months, and it’s with good reason. I’ve been crazy busy.
CTR Theme, which I’ve discussed here briefly, has been wildly successful. In April, it pulled down $35,000 in gross sales with a solid profit margin. May hasn’t seen much of a letdown either. The reviews have been great, but so have the user suggestions for new features — and that means a good chunk of time devoted to beefing up the product, trying to create rabid fans. I’ve regularly been adding new features, and I’m about to push out a new release today.
Since CTR Theme didn’t sell at auction, I’m sure that it will keep me busy, as I’m planning to start a big marketing push for the theme. And that’s not all I’m up to…
I’ve also been working on a few other from-scratch projects that I hope to launch in the next couple of months, plus I’ve been continuing to build up my AdSense sites. I don’t want to jinx myself, but I think one of the new projects could be even bigger than CTR Theme…
Knowing that all my effort has been devoted elsewhere has left me feeling a bit guilty about the flow of information here — I feel an obligation to provide value to the loyal readers of FlipWebsites. That’s why I’m thrilled to introduce you to Chris Yates and David Gass. Chris and David purchased FlipWebsites.com from me in a private transaction and will be running the show here going forward. The best part about the transaction, from my point of view, is that they’ve left an open door for me to post here when I have something interesting to share, so I won’t be a total stranger.
Chris and David are the real deal — expert website flippers and experienced online businessmen, and they run a number of well-regarded online properties related to website flipping, including Buying and Selling Websites, Flipping Network, Killer Flipping Secrets, and a Flipping Mastermind Coaching Group. I’m sure you’ll be thrilled with the quality and quantity of content they and their team will be able to provide to you guys going forward.
Click here for more information about Chris and David…
Last week, I published a guest post from Michael about starting a forum, and in the comments, I promised some follow-up. On Sunday, when the weekly newsletter went out, I soft-launched the new version of the Flip Websites forum, and today I’m officially announcing its presence.
You may have already stumbled across it from a search engine, its new menu link, or the sidebar “from the forum” links. I’m pretty excited about it, and it’s already picked up some high quality posts.
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The following post was written by Michael, founder of CreditCardForum.
The credit card industry has taken part in affiliate marketing since the early days. At first it was a lucrative form of monetization for any half-way decent financial website, but by the middle of last decade, the sector had become largely oversaturated. It seemed like everyone and their mom was hawking credit cards on their blog, and in turn, generating those commissions became a whole lot harder. Then there was another blow; the financial collapse. During this time most banks ceased their credit card marketing altogether. That brings us to today… in 2010 are credit card sites still a moneymaker?
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In any given week, I read through hundreds of listings on Flippa — primarily because I’m looking for a good buy. But going through all these listings has two significant additional benefits: I’m able to learn a lot about how other successful online ventures operate, and I’m also able to learn a lot about selling.
It’s fascinating to see the different approaches used to pitch domains and websites for sale (and to see which ones get copied). Lately, I’ve noticed an influx of a specific style — more particularly a specific phrase — occurring in a lot of .net and .org domain listings. The phrase is:
Godaddy says SomeRandomThing.com is worth $48,000 and now you can get SomeRandomThing.net for just $1,999!
You can see a few examples of these types of listings here: ebowling.org, insuranceglobe.org, holidayski.org. Here’s what I think about this tactic:
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Well, my friends, it’s time to make the official announcement. I officially sold FlipWebsites.com a couple weeks ago on Flippa. It was a very tough decision to make because I really enjoyed maintaining this blog. The reason I decided to sell was because my other websites demanded my attention and I landed a fairly large offline gig.
I knew there was no way I could maintain the quality of this blog with all the other things that I needed to attend to. My choice was either post once or twice every couple weeks or let it die on the vine. I didn’t like either option so I felt it was best to pass the torch and let someone else take over the blog and take it to the next level. Enter Eppie Vojt…
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I just posted all of the Past Website Sales for August 2010. Here is a quick summary table of the 10 most active and top sellers for August:
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Flippa announced on their latest blog post that they set a new record – $1 million in sales for one week. Here is a screenshot of the stats:
While that’s pretty impressive by itself, what I found interesting was this little nugget on the blog post:
“…the average price of property sold in the last seven days was $2,675, and a big slice of the action was in more modestly priced properties.”
If the average was really that low, then that means there were a lot of websites sold the past seven days! So much for a summer slow down.
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