br> br>
There are often two distinct ways to make money site flipping. The frontside model, which is of course the sale of the site, and any of the revenue it generated while you had it. And then there is a backend model in which you try to squeeze out even more cash from the sale of your blog. Instead of trying to re-invent the wheel, I want you to check out a video that Justin Brooke of Site Flip Academy made. It covers a pretty solid backend model that I started using in January, after pulling my hair out trying to figure out how to tweak every last dollar from my buyers. My plans were to make a video, but I remembered seeing a video on the topic a month or so ago, and it explained everything nicely. So Justin, thanks for the great video.
First, let me explain a backend system. Selling the site is where most site flippers stop. Had they continued their quest to make money flipping websites, they’d realize they are leaving quite a bit of money on the table by doing this. The idea is to provide services, or products that you think the people buying your websites would need. I monetize mine with various affiliate programs such as Bookmarking Demon, Article Submitter, Directory Submitter, Wordtracker (keyword research), and generally a few different hosting options. Some of these hosting options pay me recurring commissions, so it’s not all that uncommon for me to make commissions now, for sites that I’ve sold months ago. It’s a great system… check out the video.
August 6th, 2008 at 8:36 am
Why wouldn’t the new site owner put up their own affiliate ads, instead of leaving yours there?
[Reply]
Bryan Clark reply on August 6th, 2008:
They aren’t leaving your affiliate ads there. You are trying to sell the new owner on hosting, or some products to make their blog a bit easier to manage. Make sense?
[Reply]
August 6th, 2008 at 10:50 am
I see that we are on the same page, or close to it. Im trying to establish a service in which (would be bloggers, new bloggers, business people, etc) can get a blog with domain name and a 1 year of hosting for less than $99. My profit comes from the service itself, and the webhosting referral commission.
It is not a custom package, as i will be using free available wp themes, but it would be all set up for them, at one low cost. One stop shoppping, too.
I see you’re method is doing it through flips, and im not sure what angle im using, yet. We may not be in the same boat, but we are in the same beach. I can see you, from where im at. You’re just alot closer to the shore. LOL. (how’s that for a metaphor)
Link to my wordpress blog set up service: (STILL IN PROGRESS)
http://www.g34media.com/wordpress-blog-set-up-service/
Im tweaking the model, the price, and the marketing. But i still think there is a market, for what im trying to do.
Justin is too slick, he scares me. He’s too good. I’m sure he’s making a boatload of cash. Yikes! (the slick ones always do)
Interesting video, i wish i knew more about programming and coding to set up some of what he said, but alas i would have to pay someone to do it. But he has good tips.
[Reply]
August 6th, 2008 at 10:56 am
All you really need is a simple HTML thank you page. You use your affiliate links on that page, and hope that they bite.
Justin is definitely a smart guy. I must admit, before I saw the video, I thought I was the only one doing this… guess the cat’s out of the bag!
[Reply]
August 11th, 2008 at 6:15 am
Yeah man…Justin is awesome! That is a nice twist on the whole situation and one that many people should take a look at. Again, I’m new to flipping so…a lot of this stuff is new to me.
[Reply]
August 16th, 2008 at 8:46 pm
Good tactic. A friendly thank you page is more than enough to make buyers sign up with whatever you recommend.
[Reply]