Before you head to Flippa or any other popular website trading portal, you should pause and give a good thought to what exactly you’re looking from the acquired website and how it’ll fit into your online business strategy? Following are 7 good strategies you can use to make money from your website acquisition:
Website acquisition solely for the purpose of quick flipping
Possibly the riskiest website acquisition strategy, you must adopt this only if you’re confident about your skill of picking up underperforming properties having huge post-renovation and/or post-marketing return potential.
Try locating some e-commerce portals selling products that have an already established off-line market, but haven’t yet picked up steam in the online world. The current owners may not be good at online marketing or SEO to make their asset worthwhile enough for them.
The idea is to buy such website, tweak a few things (on-site and/or off-site) here and there and then sell it for a good profit in a short timeframe. Timing is very important here as you can gain an early mover advantage by preparing and selling your website right when the market for its products starts gaining momentum.