The Site RushSelling Websites and WordPress Blogs For Big Profits

The Site Rush-Selling Websites and WordPress Blogs For Big Profits

 

A web blog, or blog, is essentially an online journal that allows you to communicate your thoughts to the world on a daily basis. Blogs are generally easy to setup and have become very popular due to their ease of use. A number of blog platforms exist but by far the most popular platform amongst professionals is WordPress.

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WordPress is a free download and the only costs associated with its use are the monthly hosting fees which amount to about $7 or $8 a month. In addition to providing readers with a constant stream of up to date information, wordpress blogs can actually be very profitable. One of the neatest ways to make money on a wordpress blog is to build a stream of traffic, monetize that traffic, and then sell the blog to an interested buyer.

Many online entrepreneurs simply don’t have time to build and monetize a blog as it can take many weeks or month to accomplish. Starting a blog for the purpose of reselling it later for a quick profit is known as flipping. Flipping is frequently done with websites but few people know that it can also be done with blogs as well. The main difference between a blog and website is that no knowledge of html is required to build a blog. WordPress is designed to be used by just about anyone including those with poor technical skills.

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To maximize your blogs profit potential you need to choose a hot niche market. A niche market is kind of like a market within a market and they can take a little research to uncover. Suppose you are a passionate car enthusiast. Rather than building a blog about cars (a very general market), you could instead build your blog around a niche market like American muscle cars. The more specific your niche market is the less competition you will have and ultimately the more traffic you will be able generate. Remember, traffic equals money.

The kind of blogs that are the most profitable are those that have a memorable domain name, consistent traffic, professional looking template, quality content, and multiple streams of revenue. A good domain name ends in ‘.com’ and has no more than four words in the domain itself. Such domain names can be somewhat difficult to uncover but the end results is usually well worth it.

Using social bookmarking services like digg.com, technorati.com, and stubleupon.com can bring in a consistent flow of traffic to your blog at little or no cost. It can take some time to generate a consistent flow of traffic but you can really get the ball rolling by adding quality content to your blog on a daily basis. Your blog can be monetized by adding Google Adsense ads, incorporating affiliate links into your content, and by selling advertising space. Once your blog is earning money you can sell it for about 10 times your current monthly revenue.

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