In the past few years, the make money online niche has become almost a jungle situation where it’s “survival of the fittest” and if you haven’t been an internet marketer for quite a while then tapping into the make money online niche is going to be a long uphill battle. I’m not saying it’s impossible to compete in the MMO niche because it’s not. However, it won’t be easy. But there is a fairly new trend that is quickly gaining popularity and you could jump on board and cash in on it…

The title of this post probably tipped you off to what I am about to say, but there is a huge market right now for buying and selling blogs, and if you’re even a little bit knowledgeable about blogging, then this is a great opportunity for you to start making money online.

Flipping blogs you won’t have to learn a lot of the usual internet marketing stuff, like:

1. Adsense
2. List building
3. Affiliate marketing
4. Niche marketing
5. SEO

And the list goes on and on….

Instead, you can focus on a different way to make money through blogs, and really do well with it if you follow a few simple guidelines. Blogs are hot right now and you could be banking some serious cash by flipping blogs. The steps below should be taken using the Wordpress.org blogging platform.

Here are the basic steps you need to take so you can make money flipping blogs:

1. Pick a niche or topic that you want the blog to be about. It could pretty much be any niche, but make sure there is a market for it.

2. Purchase a related domain name for the blog, and hosting if you don’t already have it.

3. Buy a premium theme for your blog, so that it looks more professional. If you don’t know where to find these, then do a Google search for “Premium Wordpress Themes”.

4. Write (or outsource) about 20 or 30 articles centered around various keywords in the niche to post on the blog, and time stamp them so that you have a new one posted automatically every day or every other day.

5. Customize the blog with a cool logo for even more of a professional look (you can outsource logo creation pretty cheap on most of the webmaster forums in their “buy/sell/trade” section).

6. Once you have the blog ready and customized to your liking, then you need to start promoting the heck out of it. Comment on dofollow blogs, network with other bloggers, utilize social bookmarking/networking sites, submit to directories, do some article marketing, press releases or any other way you can to build up traffic and links to the blog.

7. When you have all the steps above done and the blog has aged for a while, it’s time to sell! Head over to a site like the Sitepoint.com marketplace, and list your blog for sale. Get a feel for what you should list it for by looking at similar blogs being sold and what kind of stats (traffic, revenue, RSS subscribers, etc…) they have. Even fairly new blogs with some traffic and readership have sold anywhere from a few hundred to several thousand dollars. Make sure your auction listing details everything about the site, and emphasizes the strong points to make it attractive for potential buyers.

You can do this over and over again for as many blogs as you have time to keep up with. Some of the blogs you flip will sell for a huge profit and some won’t make you much money. You will probably even have several that don’t sell at all. That’s not a big deal. Just move on to another one.

One more hint to remember is that when you build a blog that gets a lot of bids or sells for a lot of money then it’s probably a good idea to build more of them in that niche. Using the steps above will give you a nice head start on flipping blogs for profit, and it really is pretty darn easy to do!

Dedicated to your success,
Trent Brownrigg
Owner of a top How to Make Money Online website and a popular Home Business Blog.

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Filed under: Blogging