How To Search For A Website & Generate An Income

Generating a full-time income from a website can be challenging, but the good news on how to search for a website is possible. That’s why in this topic, you will learn the most effective ways to create an income from a website and make it full-time. At the end of this topic, I will share my #1 recommendation for generating profit from websites. So let’s get started.

Option #1: Purchase a Website

If you have the money, you can purchase a website that’s already generating money. There are website exchange marketplaces where you can find different online businesses on sale. You can find websites that make a profit and some starter websites that are ready for growth. Here are some of the website marketplaces you can check out:

Flippa

Flippa is a marketplace where sellers auction their digital assets and businesses for buyers. Some of these assets are:

  • Websites
  • Domains
  • Online Businesses
  • Ecommerce Businesses
  • Shopify Stores
  • Dropshipping Businesses
  • SaaS Businesses
  • Blogs
  • Affiliate Websites
  • WordPress Websites
  • Ready-Made Websites
  • Turnkey Websites
  • Google AdSense Websites
  • Amazon FBA Businesses
  • Amazon Affiliate Websites
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How it works:

Flippa works similar to auction websites. Sellers will create a listing of the asset or business they would like to sell. Then they will choose whether they want to auction their listings for three and up to 30 days. They can also choose to trade using classifieds that do not have an end date.

Flippa charges sellers for listing fees and success fees after their business is sold. Listing fees depend on the type of digital asset or business, anywhere between $10 and up to $49, while buyers do not have to pay any fee.

However, buyers undergo a buyer verification process before they can bid on an auction. This includes a $5 payment hold on your card. But if the listing has a bid amount of $5,000 or more, you will see a $500 payment hold instead. These amounts are not charges or debits. Depending on your bank or card issuer’s policy, the funds will be available on your account automatically within ten days.

Once the seller’s auction starts, the buyers can begin placing bids. The buyer with the highest bid wins after the recommendations reach the reserve. While in the classifieds, the buyers send an offer to the sellers. If a seller likes the offer, they can accept it, and the buyer makes the purchase. After the sale is completed, the payment and asset transfer process will start. Payments are made through Escrow or Paypal. Flippa is not directly involved with the asset transfer process but has a support team to assist you.

Pros:

  • ID verification for buyers and sellers
  • Easy selling and buying process

Cons:

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  • The buyer with the highest bid wins
  • You need to have funds in your account for the payment hold

Exchange Marketplace

The Exchange Marketplace is Shopify’s platform where entrepreneurs can buy or sell their eCommerce businesses to interested buyers. At the moment, only Shopify businesses can use it. There are many types of eCommerce businesses in the Exchange Marketplace. Some are dropshipping stores, established businesses, Oberlo stores, Print on Demand, Inventory, and retail stores.

How it works:

How the Exchange Marketplace works starts with the sellers. Sellers will be posting their eCommerce business on the marketplace. They will complete the valuation tool to identify the asking price for the company they are selling.

The asking price depends on several factors. Usually, it depends on the past 12 month’s revenue, traffic, social media followers, email subscribers, and other features. The valuation tool will set a higher asking price if the eCommerce business has most of these factors.

The posting will undergo a review, and once approved, it will be listed on the Exchange Marketplace to be available for buyers. You, the buyer, will then be able to message the owner and send your offer. If your offer is accepted, the seller will process an Escrow transaction to which you will submit your payment.

After the payment, the seller will transfer the assets to you via Escrow, and you will have an inspection period to check all the help you’ve received. Within three business days, you will be made the new Shopify store owner, and you can already start growing your new business.

Pros:

  • Owned by a reliable company (Shopify)
  • The platform is easy to use
  • Straightforward selling and buying procedure
  • Buyer and seller can communicate anonymously
  • Secure payment processing via Escrow

Cons:

  • Only available for Shopify stores
  • You can’t create a website from scratch

Option #2: Copy a Website

Copying a website is illegal everywhere in the world. Although there is software that allows you to copy a website, you can face many legal issues in the future if you do that. Depending on your state or country’s copyright law, you may have to pay up to a $150,000 fine or more and go to jail at the same time.

However, you can take inspiration from the website that’s earning money. Check how the website is making a profit. Sometimes you get ideas from the owner’s biography. Some people share how they started and how they made a full-time income from their website. You may even find articles where they are featured and have shared some of their best practices.

But the best way to learn about this is to talk to the website’s owner themself. Before that, prepare your questions first. Then contact the website owner and ask if they are open for a quick interview in exchange for a feature on your website. If they are willing to do it, ask when they are available for the discussion. Sometimes they will tell you to conduct the interview right there and then.

After the interview, make sure that you have thanked them properly. Don’t forget to let them know when you have posted your discussion on your website.

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Option #3: Get Quality Backlinks

Backlinks or inbound links are links that come from another website going to your website. If you have plenty of inbound links, it tells search engines that your website is credible, relevant, and valuable. But not all backlinks are the same. Some backlinks can be called quality backlinks which means that they come from high authority websites. If you want these websites to link back to you, try doing the following:

  • Offer linkable assets – These are your blog posts, research studies, videos, and other content that other websites will want to link to.
  • Use Link roundups – Look for link roundups in your niche. You can search for them using Google and enter the ‘keyword’ + ‘link roundup’. Then reach out by sending them a personalized email. Ensure that you keep a record of their name, website’s URL, domain authority, and so on. If you would like to check this, you can use Jaaxy. You can find the site’s ranking and other similar websites that are ranking as well.
  • Find old or broken links – Some websites are still linking to outdated or rebranded websites and they may not know about it. You can send an email to let them know that they are linking to old websites or websites that have been shut down. Show what your website can offer them and if they find it useful that will link to your website.
  • Do Guest posting – This will help boost your organic traffic. Make sure that you write posts on quality websites related to your niche.

Option #4: Build a Website from Scratch

How To Search For A Website

Building a website from scratch nowadays is easier compared to how it was done before. There are many free and paid website builders that you can use to build your website. You have the option to start from scratch, but you can also use the ready-made website template that you can edit to make your own. There are website builders with easy-to-use controls that will allow you to customize your website easily.

If you have the budget, you can also hire a professional to build a website for you. The cost generally depends on the type or complexity of your website. You may also need to pay the website builder an upfront fee of around $6,000 or more. If you need a website with eCommerce functionality, this can cost you up to $24,000 plus.

Whether you build your website or pay someone else to do it, there are other costs to consider, such as the website domain, website hosting, SSL certificate, apps and integrations, website maintenance, SEO and marketing, and so on.

After you have built your website, you can now start monetizing it. There are several ways how you can do that and possibly generate a full-time income from it. One of the best ways is doing affiliate marketing. As an affiliate marketer, you will earn from promoting someone else’s products or services.

Usually, you will write a post about the product and include your affiliate link. You can also create product reviews or tutorials to offer more types of content to your visitors. When someone clicks on your affiliate link and purchases through your link, you will get a commission from the sale. Commissions can be anywhere from 5% up to 20% of the sale value. You can also use your social media to promote your website, post, or products with your affiliate link.

Affiliate marketing is not a get-rich-quick scheme but if you put in the hard work and remain consistent, generating a full-time income from your website is possible. If you are interested, check out my #1 recommendation on building a successful business, where you can get access to hundreds of training videos, 24/7 support, professional consultations, private access to my training guide and much more.

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