Today I got you an exclusively fast tutorial that I haven’t shared with anyone else before.
This is a great way to generate an easy income, flipping sites that take you literally 60 minutes to create..
You can either do this full time or add it to your existing money streams
So, here we go:
Step 1: Find a high value .com expired domain name
A few other places to buy old domains are Pool.com, NameJet, FrechDrop and DropCatch.com
There are several more places to buy expired domains, just do a google search for expired domains.
Step 2: Ensure that your domain meets the following criteria:
- .com ONLY!
- Two/three part domains that make sense when you read them (e.g. FastWeightLoss.com).
- Appraised at $500 to $1000+ according to GoDaddy’s appraisal tool
Step 3: Buy the domain at $13 and set the DNS to point to your web hosting service
I use Siteground as a web hosting service but there are multiple other services like for example Bluehost, Hostinger,Hostgator,…. and so on.
If you don’t know how to do this, there are a gazillion “How To” videos on Youtube, or even better, ask your hosting service to do it on your behalf.
Step 4: Install WordPress and then install one of these plugins
which automatically fills your site with DFY review articles complete with affiliate ID
this software will automatically fill your blog with fresh content.
If you want to create multiple sites using this method, this plugin will speed up everything
You could of course do it the old way, find yourself some high converting offers to promote, then write some good reviews or tutorials about the products, then do all the SEO stuff that every marketer hates, and last but not least get traffic to your sites (a website that has traffic will be more valuable).
This takes a lot of time, and if you want to get fast results with this strategy I highly recommend that you go the automated way. You’ll have multiple sites up and running in no time.
P.S. Yes, I’m an affiliate for the 3 WP plugins mentioned above, so yes I will earn a small commision.
Step 5: List your site for sale on Flippa.com.
You can expect to sell it for about $500 per site.
Not too shabby for 60 minutes of work don’t you think?
P.S. When you sold a website, inform your clients that they need to change your affiliate links with their own affiliate links.
Want a faster sale, list your sites for a cheaper price ($200-$300). However, if you believe you have a killer domain in one of the top 3 niches (wealth, health, relationships) and you don’t mind waiting longer for higher ticket sale, then drive some traffic to your site(s) and generate some commissions. This will explode the value of your site instantly.
Another bonus tip:
Sites that show recurring income over a period of 4+ months and have a list of emails, sell for at least a years worth of their monthly income. So, if it’s generating $200/month, expect to sell for a minimum of $2400-$3000.
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