NYTimes article on website flipping

labrocca · 07-29-2008, 10:50 PM

http://www.nytimes.com/2008/07/29/te...=5070&emc=eta1

A friend sent that to me....it's pretty much exact to my model and I know many others too. Interesting quick article. This might bring in more buyers initially.

pcp · 07-30-2008, 01:37 AM

Nice read - thanks for sharing.

-REECE- · 07-30-2008, 02:47 AM

Great article, thanks for sharing Jesse

Pred · 07-30-2008, 04:22 AM

cheers
repped

i had to nail 'LuxuryCages.com'

soggyindo · 07-30-2008, 04:24 AM

hey, nice article. thanks!

just thinking through the issues in there. what are the main advantages in buying a site, instead of picking a cool domain and making it yourself? you certainly save a big bunch of change if you hand reg or find a cheap name...

these crappy sites obviously don't get much traffic - is it mainly aged domains, with backlinks and google love?

-REECE- · 07-30-2008, 04:59 AM

Someone might have a killer idea but not have the time or finances to bring it to that next level.

Eg. TDVR.com was recently bought for I believe ~ $3000, however this name has much significance in the LLLL.com world and could be easily made into something much more if the new buyer has the time to do that.

Alot of people aren't good at dev either -- might be cheaper to buy something already well developed (but maybe not well marketed) than starting something from scratch.

Originally Posted by soggyindo

hey, nice article. thanks!

just thinking through the issues in there. what are the main advantages in buying a site, instead of picking a cool domain and making it yourself? you certainly save a big bunch of change if you hand reg or find a cheap name...

these crappy sites obviously don't get much traffic - is it mainly aged domains, with backlinks and google love?

labrocca · 07-30-2008, 05:01 PM

Quote:

just thinking through the issues in there. what are the main advantages in buying a site, instead of picking a cool domain and making it yourself? you certainly save a big bunch of change if you hand reg or find a cheap name...

Not neccessarily. Sometimes the amount of effort placed into a site is great and if you can get the site cheap then you save money. You have to consider what your own time is worth. Let's say it's $10 an hour (low figure but good for math) ...you find a site that might take you 30 hours to construct and then 5 hours worth of promotional efforts to get it near the same place as the seller. That's $350. What if the price tag on the site is $200? You also have the skills to further the site by improving it and raising it's income level or inherent value. That's really what the article is about.
????: NamePros.com http://www.namepros.com/industry-news/498201-nytimes-article-on-website-flipping.html

Many that Dev (such as myself) do start sites from scratch but I also look for bargains. Sometimes people make real nice custom scripts or maybe just innovative sites.

Here is an example of a site I bought for $250.

http://www.namefunk.com

The site had traffic, a good name, and something I was sure I could build upon. After grabbing it I did about 2 hours work adding a new page and just sprucing it up. I did some inbound linking from my other sites and added some sig links too. Now the site makes me $20-$40 a month and growing. Over a 2 year period I will probably double my investment. I do ZERO work since my initial setups. I know I can continue to add to that site too for even more income. Or heck...maybe a potential buyer (wink, wink) could bring their skills and triple it's income.

This is really exactly what the article is talking about. I think it's pretty good that NYT recognizes what some of us do and hopefully bring in more buyers.

soggyindo · 07-30-2008, 07:58 PM

hey thanks for that labrocca and reece. nice site labrocca. i seem to stick to from-scratch wordpress sites i think from not knowing where to start with hacking around with 'real' ones. it's also nice to feel like you have an idea that hasn't been done before.
????: NamePros.com http://www.namepros.com/showthread.php?t=498201

But i can see how fixing-upping under-potentialized ones could easily be just as addictive. There's not a day where I don't think "Man, he should really get a new favicon/ logo, it would make such a difference..."

Has anyone ever bought a site and just improved on its existing crappy domain name? I see that a lot, too. Or is that kinda defeating the purpose of getting an aged site...?

RickM · 07-31-2008, 02:59 AM

Thanks for that. A great read. Its really good to see this hitting the media, its finally becoming known that the Internet isn't just a toy. Its the biggest source of income that has ever, and (most likely) will ever exist.

labrocca · 07-31-2008, 03:00 AM

Originally Posted by RickM

Thanks for that. A great read. Its really good to see this hitting the media, its finally becoming known that the Internet isn't just a toy. Its the biggest source of income that has ever, and (most likely) will ever exist.

When we start to colonize the moon that will be a huge income earner for a LOT of people.

MJ · 08-09-2008, 08:33 AM

Originally Posted by labrocca

When we start to colonize the moon that will be a huge income earner for a LOT of people.

http://www.lunarregistry.com/
????: NamePros.com http://www.namepros.com/showthread.php?t=498201

You mean all the fake land people bought?

Thanks for the read though it was amazing! Very enjoyable

xman · 08-09-2008, 01:29 PM

Another good article I enjoy reading.

Thanks labrocca

thebutler · 08-09-2008, 06:56 PM

I'd say the key point is finding niches sites that can grow in traffic. Most potential buyers know traffic is king for any website. Certain niches sites would obviously value traffic more greatly.

Easydoms · 08-10-2008, 02:51 AM

Nice read, some good points raised, just goes to show with a bit of imagination what people can achieve.

Jacklin · 08-10-2008, 03:06 PM

Interesting one... thanks for sharing it

fatratstew · 08-16-2008, 12:49 PM

Thanks for sharing. Was looking for something just like this!

barefoottech · 08-16-2008, 01:41 PM

Originally Posted by labrocca

http://www.nytimes.com/2008/07/29/te...=5070&emc=eta1

A friend sent that to me....it's pretty much exact to my model and I know many others too. Interesting quick article. This might bring in more buyers initially.

Thanks ,for sharing the great reading.

abercrombie · 08-16-2008, 06:53 PM

good reading. nice to know there's still press on the cyber real estate market.

luffo · 08-17-2008, 05:02 PM

Thanks for sharing,

great article!

Chef Patrick · 08-18-2008, 03:21 PM

great article, very similar to what i did with real estate. now i am taking those same skills and transferring it to domains.

johnnieboy · 08-22-2008, 01:19 PM

An excellent read!

RareIQ · 08-31-2008, 12:38 PM

nice read !

AussieDomainer · 08-31-2008, 06:41 PM

Great article. I enjoyed reading and am actually beginning to do similar things myself. Started developing my domains recently and am also on the lookout for cheap websites with potential to improve.

07-29-2008, 10:50 PM	THREAD STARTER #1 (permalink)
labrocca NamePros Expert Join Date: Aug 2004 Location: Las Vegas Posts: 6,277 Follow @supportforums	NYTimes article on website flipping http://www.nytimes.com/2008/07/29/te...=5070&emc=eta1 A friend sent that to me....it's pretty much exact to my model and I know many others too. Interesting quick article. This might bring in more buyers initially. __________________ :$: Support Forum <-- My latest endeavor.:loveyou: Debate Forums Free Online Sudoku My vBum Blog

07-30-2008, 01:37 AM	#2 (permalink)
pcp NamePros Regular Join Date: Jan 2008 Location: Australia Posts: 790	Nice read - thanks for sharing. __________________ ...

07-30-2008, 04:24 AM	#5 (permalink)
soggyindo Senior Member Join Date: Feb 2008 Location: ✰$479 sites✰ artistwebsite.org Posts: 1,285	hey, nice article. thanks! just thinking through the issues in there. what are the main advantages in buying a site, instead of picking a cool domain and making it yourself? you certainly save a big bunch of change if you hand reg or find a cheap name... these crappy sites obviously don't get much traffic - is it mainly aged domains, with backlinks and google love? __________________ Get a top quality domain portfolio, blog, or developed website, from $479. Quote NAMEHUGGER11 for a NamePros only discount. Artist Website \| Contemporary Art Blogs.

07-30-2008, 07:58 PM	#8 (permalink)
soggyindo Senior Member Join Date: Feb 2008 Location: ✰$479 sites✰ artistwebsite.org Posts: 1,285	hey thanks for that labrocca and reece. nice site labrocca. i seem to stick to from-scratch wordpress sites i think from not knowing where to start with hacking around with 'real' ones. it's also nice to feel like you have an idea that hasn't been done before. ????: NamePros.com http://www.namepros.com/showthread.php?t=498201 But i can see how fixing-upping under-potentialized ones could easily be just as addictive. There's not a day where I don't think "Man, he should really get a new favicon/ logo, it would make such a difference..." Has anyone ever bought a site and just improved on its existing crappy domain name? I see that a lot, too. Or is that kinda defeating the purpose of getting an aged site...? __________________ Get a top quality domain portfolio, blog, or developed website, from $479. Quote NAMEHUGGER11 for a NamePros only discount. Artist Website \| Contemporary Art Blogs. Last edited by soggyindo; 07-30-2008 at 08:05 PM.

07-31-2008, 02:59 AM	#9 (permalink)
RickM Senior Member Join Date: Sep 2005 Location: Herts, UK Posts: 3,796	Thanks for that. A great read. Its really good to see this hitting the media, its finally becoming known that the Internet isn't just a toy. Its the biggest source of income that has ever, and (most likely) will ever exist. __________________ RickM Web Design Forums - Over 22,000 Web Designers & Programmers just like you! WSDReg - Affordable Domain Registration. Serving NP members since 2006!

07-30-2008, 02:47 AM	#3 (permalink)
-REECE- NamePros Expert Join Date: Sep 2004 Location: Canada Posts: 8,996	Great article, thanks for sharing Jesse

07-30-2008, 04:22 AM	#4 (permalink)
Pred Account Closed Join Date: Jul 2006 Posts: 6,713	cheers repped i had to nail 'LuxuryCages.com'

08-09-2008, 01:29 PM	#12 (permalink)
xman Senior Member Join Date: Jan 2007 Location: X-I Posts: 2,878	Another good article I enjoy reading. Thanks labrocca __________________ Vegetarian Hut ~ Sc.am

08-09-2008, 06:56 PM	#13 (permalink)
thebutler Senior Member Join Date: Mar 2006 Posts: 1,217	traffic wins I'd say the key point is finding niches sites that can grow in traffic. Most potential buyers know traffic is king for any website. Certain niches sites would obviously value traffic more greatly. __________________ Test Internet Speed - Computer Freezes - Slow Internet Best site hosting - Slow computer - Internet speed check Cricut cartridges

08-10-2008, 02:51 AM	#14 (permalink)
Easydoms Senior Member Join Date: Mar 2006 Location: golfered.com Posts: 1,124	Nice read, some good points raised, just goes to show with a bit of imagination what people can achieve. __________________ Debt Solutions and free advice blog 2010 Ryder Cup tickets

08-10-2008, 03:06 PM	#15 (permalink)
Jacklin NamePros Regular Join Date: Aug 2008 Posts: 624	Interesting one... thanks for sharing it __________________ Naruto Naruto Shippuden Naruto forums

08-16-2008, 12:49 PM	#16 (permalink)
fatratstew NamePros Member Join Date: Aug 2008 Location: Bristol Posts: 42	Thanks for sharing. Was looking for something just like this! __________________ Why not learn PHP today?

08-16-2008, 06:53 PM	#18 (permalink)
abercrombie New Member Join Date: Aug 2008 Posts: 14	good reading. nice to know there's still press on the cyber real estate market. __________________ 1337 LIVE \| Encrypt Tools \| Drunk Driving \| Google Chrome Encroaching on Firefox

08-17-2008, 05:02 PM	#19 (permalink)
luffo NamePros Regular Join Date: Nov 2007 Posts: 511	Thanks for sharing, great article! __________________ Kinderkleding Online Stewardess Opleiding Verhuiswagen Huren Steiger Huren

08-18-2008, 03:21 PM	#20 (permalink)
Chef Patrick ChefPatrick.com Join Date: May 2008 Location: Tampa, FL Posts: 2,121 Follow @ChefPatrick	great article, very similar to what i did with real estate. now i am taking those same skills and transferring it to domains. __________________ Domain News by Chef Patrick Facebook \| Twitter \|Science Fiction \|DNCruise

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08-22-2008, 01:19 PM	#21 (permalink)
johnnieboy NamePros Member Join Date: Aug 2008 Posts: 104	An excellent read!

08-31-2008, 12:38 PM	#22 (permalink)
RareIQ Senior Member Join Date: Jul 2003 Location: Florida Posts: 2,155	nice read !

08-31-2008, 06:41 PM	#23 (permalink)
AussieDomainer Senior Member Join Date: May 2006 Location: Brisbane, Australia Posts: 2,648	Great article. I enjoyed reading and am actually beginning to do similar things myself. Started developing my domains recently and am also on the lookout for cheap websites with potential to improve. __________________ Cricket Rules Diesel Generator Engine Car Window Tinting Facts About Australia

NYTimes article on website flipping

traffic wins