Blog Flipping For Fun And Profit
Written on July 24, 2010 – 7:00 pm | by Guru
Full-time bloggers will advise you that it is not always an easy way to make a buck. Being a good writer involves research, time, and creativity. Even famous writers such as Stephen King every single day. Bloggers have no choice. Maybe you’re already making some income from your blog; or perhaps not. Either way, if you do want to make money online, you can sell or “flip” your blog – and let someone else (who is probably better at it) worry about all the tasks that you DON’T like, so that you concentrate on writing.
Blogs can often be sold for about 1-2 years worth of what the blog would gross. In other words, you can monetize your blog during this time without without all of the maintenance of the blog – or scrapping all of your hard work. Quite often, the new blog owner/investor is not interested in altering your core message – although due to different interpretations they may request some minor [changes. However, the heart of your blog will {likely|normally|usually|almost always} remain intact. And what if you miss writing for your blog? The good news is, investors will often jump at the chance to have you continue (while sharing the increased revenues!) In fact, they are usually inclined to keep you, due to the simple fact that they don’t want to interview new writers, have to buy articles, or least of all, (the horrors!) - write it on their own.
Think of it this way: even if you are writing for a blog network, you still have to promote your blog. Instead of endlessly trying to find ways to advertise without breaking the bank, it may pay off in the long run to seek out a buyer/investor who is willing to negotiate monetarily and take over these tasks.
To make the most income, it may be in your best interest to prepare your blog for sale (use the exit strategy!) Potential buyers often look for blogs that consist of long posts with many keywords, and still have a clearly-defined focus. If your blog fills a rare niche, even better. Knowledge of what social networks and promotion works best with your blog can ramp up the value to the investor dramatically, increasing the price that the blog commands – as well as any product-driven monetizing. If you are currently making a profit from selling ebooks or other information products, sales negotiation is clearly in your favor.
If you want to make a sale, like yesterday, don’t worry about the remodeling. There are hordes of investors willing to look at a fixer-upper if the price is right. Most importantly, do your research. Find out what blogs similar to yours are currently going for. Be quick to reply to inquiries from potential investors and make sure that you are highly available via email or social networking. Ask questions and give lots of statistics. Outline to your potential buyer what you wanted to do but didn’t have time for – ideas to improve the site and drive traffic will help them to decide on moving forward.
In summary, one of the easiest methods to start making money from your blog fast is to let someone else(who has the know-how and expertise) take over any tasks you’d rather not waste your time on - such as promoting, designing, and marketing.
