Is Blog Flipping A Good Way To Make Money Blogging?
People who blog full-time will tell you that it is not always an easy way to make a buck. Blogging successfully involves passion, creativity, and time. Even famous writers such as Tom Clancy probably do not write every day. Bloggers must. If you have decent traffic, you may already be making money off of your blog; or perhaps not. At any rate, if you do wish to start making money, you can sell, or “flip” your blog, and still have some creative input into it – and let someone else (who is probably better at it) worry about all the things that you DON’T like about blogging, so that you concentrate on writing.
Established blogs can often be sold for about 1-2 years of residual income. In other words, you can monetize your blog during this time without actually blogging – or scrapping all of your hard work. Quite often, the new blog purchaser is not necessarily interested in changing the core concept of your blog – although due to different interpretations variations on your theme]. However, the heart of your blog will {likely|normally|usually|almost always} remain intact. But what if you actually ENJOY the creative part? Well, investors will often let you contribute (while sharing the increased revenues!) In fact, they are usually inclined to keep you, simply because they don’t want to take a risk on new writers, be faced with buying articles (which lowers their bottom line, or least of all, (the horrors!) – write it on their own.
And think about this: don’t you get tired of the non-creative tasks, like marketing?. Instead of endlessly trying to find ways to advertise without breaking the bank, it may pay off in the long run to seek out a buyer who is willing to ”play ball” monetarily and take over these responsibilities.
To maximize your income, it may be in your best interest to prepare your blog for sale (use the exit strategy!) Potential buyers often look for blogs that consist of long posts with a lot of SEO type keywords, and still have a clearly-defined focus. If you have a niche blog, even better. Knowledge of your market can ramp up the sales expectations – as well as any product-driven monetizing. If you are currently bringing in income from selling ebooks, sales negotiation is clearly in your court.
If you want to sell immediately, don’t stress yourself out about the remodeling. There are plenty of investors willing to look at a fixer-upper for the right price. The most important thing is to do your research. Find out what blogs similar to yours are currently going for. Be quick to reply to inquiries from potential investors and make sure that you are highly available via email or social networking. Impress them with your statistical knowledge of your site. Tell your investor what you wanted to do but didn’t have time for – ideas to improve the site and drive traffic will help them to decide on moving forward.
In conclusion, the easiest way to monetize your blog is to let someone else(who has the financial means and expertise) take over any tasks you’d rather not spend your time on – such as web design, advertising, and marketing.
