align-toparrow-leftarrow-rightbackbellblockcalendarcamerachatcheckchevron-downchevron-leftchevron-rightchevron-small-downchevron-small-leftchevron-small-rightchevron-small-upchevron-upcircle-with-crosscrosseditfacebookglobegoogleimagesinstagramlocation-pinmagnifying-glassmailmoremuplabelShape 3 + Rectangle 1outlookpersonplusImported LayersImported LayersImported Layersshieldstartwitteryahoo

Re: [newtech-1] Flip this site

From: john c.
Sent on: Tuesday, July 29, 2008 2:22 PM
On Tue, Jul 29, 2008 at 1:52 PM, Dean Collins <[address removed]> wrote:
> Great article in the NY about flipping websites
> Dave Hermansen did not own a bird or a cage when he bought, an
> online store, for $1,800 three years ago. He simply saw a Web site that was
> "very, very poorly done," and begged the owners to sell it to him. He then
> redesigned the site, added advertising and drove up traffic. Last December,
> he sold it for $173,000.
> Mr. Hermansen, 30, is among the latest wave of entrepreneurs who, like the
> day traders and real estate investors before them, are looking to make a lot
> of money without much effort.
> More here
> Anyone know of any other Web Site Marketplaces apart from
> http://marketplac...­

The whole, affiliate marketing + SEO + PPC + site flipping world is
cutthroat as hell.  The guy in the article flipped, only
to start­  Now that he has his 170k, he is now
probably getting all the affiliates to dump and switch
to­  The person that bought probably
also didn't get access to all of the PPC marketing that worked.

Unless you know what you are doing, beware.

What is funny is that these guys got a free backlink from the times.
That link alone is probably worth $10k+ to a niche retail storefront.

-John C.

Our Sponsors

Sign up

Meetup members, Log in

By clicking "Sign up" or "Sign up using Facebook", you confirm that you accept our Terms of Service & Privacy Policy