Internet has grown so large that now almost all the names possible for a website have already has been registered. Thus flipping means buying for a low price and selling it on a high price. So website and domain flipping has the same concept. You can buy a website for low price and sell it on higher price depending on the need of the customer. This is not very common type of web business but proves to be quite an effective one in terms of making money. Many a times company or individual are so in need for a specific domain name that web flippers can sell at a relatively high price. Domain registration firms likebig rock, go daddy, etc have contacts with web flippers so that in case of need they can directly provide customer with the domain name instead of customer searching for it. But web flipping is not so welcomed by Google. After a site is sold its PR decreases and then the firm has to start over to get to that reputation which it once held.
Some firm even give up money to click on their URL or register to them. By registering or visiting the site more and more its PR increases which ultimately results in increase in the income of the site. Many sites also feature advertisements which also give money on hits the site gets. Thus even though it seems very unconventional way of online business it has a huge role in maintaining some giants in this business.
Thus it doesn’t matter how talented you are or how old you are, in the end you are going to get a job online if you get a right guidance and information of the ways to make money. One should be specific about the area of work and must pay his full devotion to that area so that they can make the best of it. Thinking of more makes you unstable and in this fragile world of online business you must be very precise of the things you do and the impact it make on your reputation. Also never be in hurry to make money as this may often lead in getting involved in fraud as world of internet is open sourceand no one can verify the legality of the events going on the internet.
Guide to make money online: