There are hundreds of people developing websites to sell for a huge profit (or should I say that they are targeting whatever they can fetch from a deal). But, in many cases, these websites are nothing but a can of trash. They have virtually nothing but a domain name worthy enough for you to take a second look. And often, the domain names are too big to remember with a .info TLD.
You can easily develop such a website in just an hour and put it up for sale in a website marketplace. But, what is the use? How much profit can one expect from such a website if it is at all sold!
If you ask my personal opinion, I will never develop such a website. And trust me, if you can develop 3 or 4 really good website every year with proper evaluation and promotion, you would easily make much more than all those one hour jobs combined. In addition, you would also get a brand value to help you in future projects. Do you doubt it?
This blog itself is a big example of how much you can earn by properly developing and selling a blog.
How to start?
Identify a topic – any topic is good if you have the zeal to research, learn and apply.
Identify the target market (go deep down and select the niche topic – for example, go for Wordpress SEO plug-ins rather than going for wordpress). Do some keyword research and identify around 20 niche keywords (do not select more than 5 highly competitive keywords – on the contrary, target the keyword long tail)
Identify the potential competitors (Google search is good enough) and what they are offering. Find out how you can add some value to the existing setup or how you can be different from those competitors! Don’t start a blog or a social network just because they do not have any. Try to understand, if the target market needs and move accordingly.
To be continued:
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