e-Business



1 Jun 10

Flipping websites has become a great business opportunity for entrepreneurs looking to get in on the burgeoning internet marketplace. Flipping virtual real estate is basically the same as flipping physical real estate. There are criteria for the best sites to buy and basic guidelines for what to do to a site before it will sell for its highest value. All of these things can be broken down into three basic categories that every site-flipper needs to know; what, where and when.

What Sites Should You Buy?

If you’re still new to flipping sites, you’ll want to proceed with caution. This essentially means limiting your purchases to sites that are priced low and yield only a small profit. You may want to take the risk and dive right into the big league but it’s important to gain some experience first. Low priced, low profit sites are your best chances to hone your site flipping skills while avoiding potential financial losses. If you search at the right places, you will find blogs or small websites that are already turning up a modest profit but don’t cost too much. You get to try for yourself how it is to turn a site around without having to start from scratch. Even if the profit is not that big, the more significant payout is in the experience.

Setting yourself a budget, around $200 for newcomers, is a great way to limit the websites you’re shopping for. It’s important that you avoid sites such as turnkey domains at first. They are appealing for being fairly low-cost and completely built, only requiring the new owner to “turn the key”. However, they may be poorly built and not optimized to pull in traffic. Getting them up to snuff and ready for resale can require a lot of work and knowledge.

Where Should I Buy Sites?

Once you know what to look for, you have to know where to go. Buying websites can be intimidating due to the wide range of places you can buy from. However, there are some places which are much better for purchasing than others. You should start off buying from the big, popular websites. This will give you the widest range of sites to choose from so that you can get the best one to match your needs. Flippa is one of the largest marketplaces for site flippers. Places like DigitalPoint and Warriors Forum also offer the opportunity to purchase and sell sites as well as giving you access to a member’s forum where you can learn the tricks of the trade. Not only are these sites important if you’re looking to buy and sell your sites, but they are tremendous resources that you should immerse yourself in before you ever make your first transaction.

While you want to shop around at multiple sites, it isn’t a great idea for inexperienced flippers to shop at non-specialized sites. While places like eBay and Craigslist might offer domains for sale, they aren’t where most experienced users buy and sell their sites. Because of this, they can be an unfortunate haven for people looking to pawn off shoddy websites on the unknowing.

When is the Right Time to Sell?

Knowing when to sell your domain is essentially a matter of experience. The entire point of site flipping is to buy a site which is performing poorly or has little visibility and turn it into something that someone wants to own. Once your site is holding steady traffic or turning a decent profit, it’s time to sell. This is all relative to the amount you paid for the site to start with. A good benchmark for a site that has reached its selling point is when it will make back a buyer’s investment within 6 months. That benchmark can also help you determine the selling price, although you will also want to do plenty of research to make sure that your site’s price makes it competitive with similar sites.

You can easily spend hours, maybe days, reading up on flipping virtual real estate. However, the best way to learn is to actually get involved. With cheap, low-risk sites you can get hands-on experience in the industry without risking your money or spending too much time. The toughest part of the business is making that first purchase and getting over the nerves. Once you’ve figured out what you are doing, you’ll understand why so many people have turned to buying websites to supplement or even replace their day job.


Filed under: e-Business

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28 May 10

Do you think, like some people, that internet marketing is just another name for multi-level marketing? Signing people up for a nutritional product? Placing an online ad and raking in many thousands of dollars? There is so much more to internet marketing than the gimmicks that you see on television or as you surf the internet. No matter what else they may be doing, internet marketers first of all want to make money online. You can do this using a wide variety of techniques and business models. It’s considered a good idea, in fact, to use more than one method to make money; this way you always have a back-up plan in place if one thing doesn’t work. Here are just a few of the ways that you can make money online. Internet marketing can be used for any niche from a dentist to an auto glass replacement company.

Selling on Ebay or another large auction site remains one of the most common ways to make money online. Selling your old or gently used belongings through auction sites like eBay can be a great way to make some extra money when you need it. For more long term income, you can buy items through a wholesaler and then resell them for a profit.

You may prefer to use drop shipping, where the products are sent directly from the manufacturer to the customer without you having to store or ship anything. You can also find other sources of cheap products, whether at thrift shops, yard sales or even other auctions online. Another way some people earn money online is by writing articles for sites that pay writers; there are quite a few such websites, the best known is probably Associated Content. On websites like this there are usually a couple of options to earn money; one way is to receive a small fee upfront for the articles you write. You can also make money long term on these sites by participating in their revenue sharing options, whereby another website owner features your article and you get paid based on how profitable your article is in terms of advertising dollars it attracts. You might even try submitting articles to online magazines. There are many ways to get started as a freelance writer online if you have any desire to do this.

Another way to make money online is with a good quality multi-level marketing opportunity. When you join these companies, you make money in a couple of ways; first of all by selling their service or product. You also have to create a downline, however; these are others who sign up under you and sell the product. When the people in your downline make sales, you get a commission from this. The way this can be profitable is that you make money several levels down; your downline includes the people signed up by the people you signed up, and so forth.

This is how you could, potentially, make money while you sleep. You have to be careful with these companies, though! Many of these opportunities are scams! Research the company and product before investing in any of these.

There are many methods for marketing online. There is unlimited possibility on the internet and is really no different than the offline world. The fact is that with a little creativity and some hard work, you could earn a full time living through internet marketing. If you are willing to do the work it requires to realize your goals then you can achieve remarkable success so don’t worry about failing in the beginning. We all have to make a few mistakes before we find the big score. Now, go out and succeed!


Filed under: Internet Marketing, e-Business

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25 May 10

Finding business leads that can convert into new clients and higher sales has always been a challenging goal. Due to the global economic crises, this challenge has become a more difficult goal to achieve. Whether you are advertising to a local market or trying to reach out to people across the country or even across the globe, there is one way simple and highly effective way to find business leads with a lot of sales potential.

This strategy is something you have likely heard of before, but maybe have not taken full advantage of to date: purchasing business leads. You may have tried to steer away from purchasing lists because of the expense, but when leads are as difficult to come by as they are right now, this is the absolute best way to nail down high quality business leads.

Good benefits to purchasing business leads include instant access to those high quality leads. Collecting high quality leads may take some time just to reach the same size as the list of leads you can purchase today. If many of the leads pay off and lead to sales or new long term clients then you will actually save money, even with the purchase price of the list.

The question here is not whether you need business leads (you wouldn’t be reading this if you didn’t) or whether purchasing a list is the best option (it is!). The real issue is how you find business leads that contain contacts that are viable.

Local Associations

You could potentially find free business lists by contacting your local chamber of commerce or joining organizations and associations in your area. This is of course only helpful if you are advertising to local businesses, but you could potentially get lists from similar organizations and associations for other areas as well.

These lists tend to be very local and are usually on the small side compared to business leads that can be purchased in larger lists from other resources.

Finding Lists for Sale

There are a few pieces of information that you will have to put together before you contact a company about purchasing business leads:

   1. Do you want to mail out advertisements by post or will you be using email?
   2. How large will this campaign be?
   3. What is your budget?

if you are developing a marketing campaign to send through snail mail, you should see if your leads have either residential or office addresses. The size of the campaign will determine how many business leads you need to purchase.

Finally, your budget will determine which services you can afford to use and how many business leads you can afford to purchase at one time. It is to your advantage to purchase leads, which contain more than a simple address or email address. If you know some key information, such as how large the business is and their fax and phone numbers, you can develop a more personalized campaign.

Realize there is a difference between renting business leads and purchasing exclusive rights to them. You will surely pay more for exclusive rights, but this is worth the advantage of not having to compete with other businesses that purchased the same leads.

In closing, only deal with services that are NCOA validated and stick with delivery formats that you are familiar with and comfortable using .


Filed under: e-Business

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