A Guide on How You can Buy and Sell Websites in Malaysia and Become A Website Dealer Investor.
Have you ever thought of the idea of being a website dealer? Where you get to buy and sell websites to potential buyers and getting handsome rewards? If you haven’t, I have freely offered you a business idea in Malaysia that can make you richer than you thought.
The idea behind buying and selling websites is quite risky, and that explains why the returns are quite high.
To roll you into correct mindset, think of a real estate dealer and how he flips houses by purchasing for an undervalued property makes some little improvement at minimal costs then sells it at a profit.
Here are what we can learn about the business of buying and selling websites in Malaysia:
- Identify your boundaries
To get on the right track, always be honest with yourself. The reason is that money and time are at stake when you buy and sell websites. Learn and know how much money you can afford to put in the business. The facts are, no venture is assured of great returns no matter how charming it may look. It’s imperative, therefore, to prepare well by identifying how much cash you can be able to put into the business. When you decide to buy a website, you’ll find that most are inactive. At this point is when you have to incorporate things that may increase its value. You may decide to build it up to the level where you feel its gained more traction before selling it off. Get ready to spend some considerable time working on the new acquisition.
- Get to know where to find websites for sale.
It may be of no use when you have purchased a website developed it and had no idea where to sell it. The worst-case scenario is where the marketplace has very low-priced buyers, and you’ve spent lots of cash. In Malaysia, there are several websites where directories of sites are for sale. It’s a bidding process whereby the seller decides on the best bid offer before making a sale. On certain occasions, you may be required to create a name on such sites to be able to make more bids.
- Possession of technical abilities
Running a website is not easy especially when you are trying to get more traffic. You’ll be grappling with ranking on Google search engine to keep on track. But before you consider whether to buy and sell websites in Malaysia, you need to find out whether you possess the technical abilities to run the site. You may be aware that some sites may not require much work as you’d only be updating content once in a while. Others require some more advanced IT abilities to manage. You may as well try to find out how much traffic the website gets and how much it makes. Google analytics has created an easy avenue for you to analyze the website you’re about to buy. You don’t want to find yourself in a situation whereby after a few months all income and traffic disappear in thin air.Make it upon yourself to verify the number of pages Google has indexed, the history of revenue streams and the number of backlinks that reflects the website you’re about to buy.
- Identify your boundaries