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Tip and Tricks for buying a website on online auction sites

Author: Aamir Shaikh
by Aamir Shaikh
Posted: Jan 04, 2014

The web has seen unprecedented growth over the last decade. Such a sheer growth has led many people to believe that they can be the next Mark Zuckerburg or atleast they can make handsome amount of money by buying a website. Since it is time consuming and daunting to build an online business or a website from scratch, more and more people want to buy a website with good income stream.

Given Below are some Tips for buying website online on auction sites such as Flippa.com.

  • Some Sellers clone their original website that they have sold it in the past by changing the colours and themes, you should check the sellers history to ensure that they have not sold a similar web site in the past
  • Sellers upload screen shots of Paypal to support their revenue claims, which can easily be faked, Ask the seller to upload Video Proof of Pay Pal Revenue Stream.
  • Many websites on sale at flippa have outsource their services to suppliers, you should check the reliability of Suppliers because if you buy a web site and the supplier does not provide in time delivery to your customer, or the quality of the work is not upto the mark, your online business will suffer.
  • Remember that Few People sale a profitable and established business and it also applies to online business, unless the price is very attractive, you should ponder about why some one is selling a profitable web site.
  • Never get lured by the number of bids & bid prices for a website, Some sellers may have fictitious accounts and bid on their own web site to inflate the bid amount.
  • You might come across to many attractive web sites on sale. such sites may have good income stream but are in copyright infringement or violation. Buying such web sites is not a good idea, sooner or later you might receive a "Cease and Desist" notice. and all your success may evaporate in the air.
  • Check usual statistics about the website on sale, for example Page Rank, Keywords Position, SERP [Search Engine Ranking Page] Position.
  • Read carefully all the comments posted about a website on sale, particularly any negative comments.

These are only some of the precautions that you should take before buying a website, remember that in many cases, the barrier to entry is low in online businesses, any entrepreneur with good investment and a better marketing strategy can turn some one success into failure.

About the Author

Accounting was my passion and Despite all hurdles I was able to become a chartered certified Accountant from Acca and became their member, after years of working in various accounting roles a hrefwww.webtrafficpoint.com,

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Author: Aamir Shaikh

Aamir Shaikh

Member since: Dec 24, 2013
Published articles: 1

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