Wednesday, December 13, 2006

Hey, Buddy! Wanna Buy a Nice Website?

Plenty to choose from right here on good old eBay, from “established website businesses”, complete with products, domain name and hosting, to glorified templates with none of the former goodies. The pitches are very enticing: “Sell one per day at $19.95 and receive a monthly profit of $598.50; Sell only 10 per week and a check for $798.00 will come your way at the end of the month.” The figures roll around in your head and you are RICH by the end of you first year. That is why I purchased my first website. I would pay for it with the first two sales and pocket the rest. Wow, I’m RICH!!

When reality finally set in, I realized that this is actually only 5th grade math; $19.95 x 10 x 4 = $798. The key is IF you sell x per day, no guarantee that you will or any idea on how you will sell this volume of product. You will learn very quickly that pretty websites are literally a dime a dozen, it’s the traffic to make them profitable that is very hard to generate.

That is why these people are selling these websites instead of keeping them and getting rich themselves. The other reason is that when you signup for hosting with them (they make it easy and offer incentives, like service and updates, to so) they create a monthly cash flow of around $10 per month. Of all of the money-making ideas on the internet, the subscription is the king, with a guaranteed payment every month.

There are many marketing gurus out there, each with his own plan to generate great traffic volume and make you rich (look out, 5th grade math again!). I have read many, and some sound actually plausible, but all will require a lot of work and time to realize any real profit. I will share some of the better ones with you at another post.

Larry Sullivan 12/13/2006
www.internetpowerseller.com

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