FlipWebsites: The Definitive Guide Launched by Internet Marketer Tim Phelan
Internet Marketer Tim Phelan announces launch of an e-book about flipping web sites. The e-book Flipwebsites: The Definitive Guide has information, tips, examples and ideas on how to buy, build and sell web sites. Included with the e-book is a lifetime membership to a private forum where the discussion is about flipping web sites.
San Jose, CA (PRWEB) May 2, 2007 -- Flipping web sites has become a hot way for thousands of internet marketers to make money on-line and now there is a new e-book at www.flipwebsites.com, written by internet marketer Tim Phelan, that helps those new to "flipping" shorten their learning curve.
Tim Phelan started making a full time living on-line almost three years ago with various degrees of success. He tried affiliate marketing, multi level marketing, blogging, adsense etc...however it wasn't until he decided to buy some established web sites and then sell them at a higher priced that he really found something that worked well for him.
"I found out that I could make much more money by simply finding good sites, buying them and then working on improving them. Then I sold some." says Tim. "The time involved was comparatively minimal and the amount I made was significantly more than any other way I found to make money on-line. I felt I had discovered something new although I knew others had been doing this for years."
One of the reasons it may have seemed new was that not many people talked about this way to make money on-line before. There were e-books and courses about affiliate marketing, adsense domination, building lists, creating membership sites but there wasn't much information about buying, building and selling web sites.
"That's why I decided to write my guide about this neglected subject. I want this guide and the accompanying lifetime membership to the private forum buy-alert.com to be the place to learn all aspects of how to buy web sites, build web sites and sell web sites."
With the recent sale of YouTube for $1.6 billion to Google along with other high profile and high priced sales, the business and work at home world are taking notice. Of course, selling a web site for billions isn't likely for most, but thousands of people are finding flipping web sites as a real way to earn significant incomes.
An example of a recent sale more realistic for a savvy internet marketer is the sale of mybloglog.com to Yahoo for about $10 million. This site was run by a 5 person team and was just a few years old. Another example is the recent sale of blogcatalog.com. This site was sold for $40,000 and was making $1,500 a month at the time. Since the purchase of blogcatalog the new owners have made significant improvements to make it more web 2.0 and the result is a surge in traffic. In just a few months the site probably has doubled in worth. Perhaps they will be able to sell it for $10 million in a couple of years.
"That is what flipwebsites is all about." says Phelan. "Just as in home flipping you look for a property that you know you can renovate, with flipping web sites, you look for web sites that you can think of ways to improve. It's all about buying low and selling high of course."
Phelan also says people with little money to spend can get started in this industry by building web sites and selling them. He compares it to the real estate practice of pre-construction deals where you pay a small percentage down on a property yet to be built, and then once it's built flip it. "Flipping homes isn't always about buying existing homes and selling them. It can also be building and flipping. The same is true for web sites. A flip can also be something as small as making $50 from a site you made just the day before or as huge the $1.6 billion Youtube sale. To me what Youtube did was a 'flip'. "
Various techniques and ideas are discussed in the ebook and are continued in the private forum at www.buy-alert.com. Phelan is now showing some examples at the forum where he is renovating older sites to increase their value. Also included with the membership are discounts on products such as scripts, reports, e-books and web sites.
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