Money Schemes - Learn How To Make Money Online

hey Paul,
Quick question for you, as an aside.

It’s pr3, will make 55$ this month, and is on page 1 of Google for a bunch of push up keywords.

I’ve got a few thoughts on this. Those people who make a living out of flipping websites would probably tell you that this is a great deal. The basic maths most people use is 12*Monthly Earnings to get an approximate value for your website. In this case an offer of around $660 would seem about fair so $1000 is very good. On the other hand this is a very simple way of looking at things.

Is it consistently making $55 or has it grown to make this amount? If your website is on an upwards curve then who knows what it could potentially be making 6-12 months down the line. John Chow is a great example of this, he could have sold his website after monetising it 1 month for $4000, 12 months down the line and he was making $25000+ a month from it.

Secondly the niche. I know your website is trying to compete in one of the most competitive areas on the internet, health and fitness. If you’re getting top 10 Google traffic from related keywords then that automatically adds significant value to your website in my eyes. Not only is their a huge amounts of eyeballs potentially interested in what you’re writing at the moment but there is also the possibility of using your website as a launch pad for related websites*

In summary I’d say that if you need the $1000 then that is pretty good offer. If you don’t need the money but are sure that you could recreate what you’ve already built but better then it’s a pretty good offer. If on the other hand you don’t need the money, would worry about starting over and think that there is the potential for the website to grow (as I do) then I wouldn’t accept it.

Anybody else have any opinions on this?

*I was offered the standard 12X offer for one of my earlier websites once, I didn’t need the money so declined. I used that website to spawn and boost 3 more related websites. Now all 4 are authority websites that bring in more than what I was offered each and every month. Of course they don’t always work out like this but trust goes a long way when ranking your websites.

Every now and then it’s good to have a clear out especially if like me you end up collecting domain names that you never do anything with. We all do it don’t we? Have a great idea, buy the domain, 9 months later when you get your domain expiry reminder remember that you haven’t done anything with it. It’s at this point that you normally have 3 options

1. Renew the domain, be good and actually build something (very rare!)
2. Renew the domain, promise this year will be the year and do nothing (the norm)
3. Let the domain expire, yeah but what if…..

Seeing as how the first option was always such a rarity for me I set about finding a fourth option, Sedo was it. Sedo allow you to park domains on their servers, during which they’ll show adverts related to your domain and you get a percentage (they pay me in Euros which is nice with the USD rates all over the place at the moment). It a good way of getting some return back on a domain that you’ve got no intention of doing anything with.

The other thing that they do is let you sell your domains. You just list whatever domains you’d like to sell and they take care of the rest, for us lazy types it makes it ideal. This is great especially if you’ve got one of those domain names that you just know is going to be a great business idea but you’ll just never get around to doing it yourself. Renew, park and try and sell. Obviously if you’ve bought a stupid domain name on a whim then it might be best just to park it until it expires but at least be parking it at Sedo you stand a chance of getting something back.

You Get Out What You Put In

A great lesson to learn in life as well as Sedo! Although it’s very easy to list your domain for sale with Sedo, the chances of it selling (and at a higher price) increase substantially if you put a little effort into actually promoting the fact you’re selling a domain. I had domains parked for a year with no sales, I was getting a bit grumpy until I woke up to myself and realised that I wasn’t actually doing anything to let anybody know I was selling them! After sticking an advert up on a related site I got a sale within a month. The amount was hardly earth shattering but for a domain that only cost me $7 to register it was a nice return.

I’m still a very active Sedo user, in fact I’ve got domains listed with them right now. They all still receive some amount of traffic. If anybody’s interested in any of the following then just sign up and make me an offer:-

www.dietas-diet.com

www.ebooks-exposed.com

www.phuketvillas-thailand.com

www.windows-livemail.com