How much would you pay for a passive income that was already making £423 on average each month?
This morning while having a quick look through a few groups on Facebook I saw a website being sold which was earning around £423 a month from advertising revenue.
The website had a lot of potential because there was a lot of content around the ‘technology’ niche which could be used to make Amazon affiliate commissions as well as the advertising revenue.
The website had around 24,000 visitors in the last 28 days. That is quite a lot of traffic. There is a lot of potential with a website that big.
What I found interesting is that the guy who selling the website is asking $28,000 for it, which is about £22,000 at time of writing.
That price is around 52 months the average monthly earnings.
That is a little steep in my opinion, but… if he were able to sell if for that price, he only needs to make and sell 5 websites a year to smash through six figures.
I was recently told that the price of a website is now usually determined by taking the average income of the last 6 months and then multiplying it by 20 or 30.
So the price for this website should be somewhere between £8,460 and £12,690.
I’d feel more comfortable paying £8,460 for a monthly income of £423 than £22,000.
I personally believe that the website is overpriced, but price can also include the ‘potential’ it has to grow.
A website that is not earning a penny can still be sold for around £2,000 because of what it includes and what it could do for a person.
For example, to rent a restaurant space that has all of the necessary items such as tables, chairs, cutlery, crockery, and kitchen equipment, it would cost more in rent than one which was just an empty shell.
You are paying for the ability to start trading today without any more work or the added expense of having to buy the items needed to get started.
It is the same with websites; you can buy a brand new one with little to no content for a couple hundred pounds, or for more money you can buy one with all the necessary pages and content needed to start building your online business today.
Why am I telling you this?
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Well, there are two reasons really.
- You could buy yourself a readymade website that is ready to start making sales and/or grow an online business.
Or…
- You can build websites to sell to other people.
The other day I was thinking of a question I had seen being thrown around on social media which said something along the lines of…
‘If you needed to make £2,000 pretty fast, what would you do?’
After seeing the posts in the Facebook group for buying and selling websites, it got me thinking that it could be quite easy to make £2,000 pretty quick by building and selling simple websites.
They don’t need to be earning money either… but if they were, then the amount you can sell them for increases.
As always, it is far easier to sell when you have people to sell to. With websites, you can list them on dedicated market websites such as Flippa and Motion Invest.
To make a quick £2,000 would require 8 simple websites priced at £250, which could take someone less than a week to put together.
Or…
One website with a digital product like an eBook that is ready to sell, which could also take as little as a week to put together.
As with everything in life, you need to match the product with the right audience, but I imagine that it is possible to create one new website each week that can be sold for £2,000.
One new website each week would give you 52 websites in a year earning you a rather decent £104,000.
Obviously, you will have a few weeks off for holidays… and you may sell some websites for more or less, but you could quite easily build a six-figure-a-year income building simple websites that you sell to investors looking for more digital assets.
And that is the point that I want you to think about, like property, websites are assets that can generate an income or be sold for a profit.
And that is why people like to buy them and add them to their portfolios of digital properties.
If I showed you a way to double £1,000 to £2,000… you’d be interested, right?
Well, that is what these people are doing when they are buying websites.
They are looking for a way to double their money.
They are looking for websites (digital property) that they can buy, relatively cheaply compared to real property, which will double their investment.
Websites can be incredibly cheap to buy and have a greater potential to double, triple, quadruple the investment… often far more.
Discover how easy it can be to build a website that you can sell, click the link below:
How To Build A Profitable Website Fast WITHOUT Knowing Anything About Building Websites!
Kind Regards
John Harrison
PS… Points to consider:
- A simple website can have as little as 3 pages.
- A simple website can take as little as an hour to build.
- You can sell to investors from all around the world.
Here’s that link again: