Starting a new business is always a riskier than established one. When you look to start a new business you have two options either start from scratch or buy existing business. Nowadays buying established online business is crucial way to expand your business and generate revenue over long period of time. That why buying market is on trend Before you jump into buying an established website, you must ask yourself whether it is good deal. It will be right for you or not. What To look While Buying a Established Website Is this business scalable and how much time and effort will it require? How long will it take to make this new purchase profitable? How much revenue website generated How much Traffic it would generate What strategies used to attract visitors. Numerous companies such as Aquasites offer hundreds of profitable business looking for new owners but important thing be careful and finding what’s right for you.
Not just how much traffic but where it comes from and how organic the traffic is. Many sites for sale used bought traffic to boost the numbers, not real traffic. I'd be very skeptical about the source before shelling out much money. Verify the traffic source before you buy.
Absolutely!!!! If most of the traffic is from a traffic exchange site for example, don't buy the site!!! Great points Just2EZ and definitely things to take a look at.
I just sold one of my website so I can really relate to this post. I used Flippa and I disclosed everything. I found most of the prospective buyers to be very savvy and they asked a lot of great questions. After selling a site I can say I am prepared should I now want to purchase one. If you are buying a site, ask the seller for access to their Google analytics. It's simple to grant temporary access to another Google user.
Good points, you have to do your due diligence for sure, so the above advice is excellent. Success to all,
Buying an established business is an option. There are sites such as flippa that deal with this on a large scale. If you purchase an existing website you still need to be prepared to put in the work to update, create content and market the site or it will stand still. Another option is to network with an existing business for mutual benefit. My business currently works on this premise and is designed for growth with SEO benefits. Any business must have a long term view and be built accordingly.
I like buying good domain names that have been used in the past. It takes a little window shopping before you find a good one... I usually use the following to find old domains: http://justdropped.com I have no affiliation to the site.
You have to go way back to determine if domain has a good or bad reputation, you never know until you check for yourself. I once secured an old domain name and it was once used for similar business which had a bad reputation, and if you don't go far enough back in time you may miss this possibility, I know I did. Not a real big deal for in time with current search results, the bad rap no longer shows up in search engines as the bad is always displaced by the good reviews over time. Just be careful, you never know. Success to all,
