How To Earn Money By Building And Selling Websites
In today’s digital-first world, a well-designed, functional website is crucial for businesses of all sizes. Many entrepreneurs and small businesses, however, lack the time or skills to build their own websites. This creates a massive opportunity for people with web development, design, or marketing skills to create, build, and sell websites for profit.
If you’re interested in earning money by building and selling websites, this blog will guide you through each step of the process. From selecting your niche to selling completed sites, here’s what you need to know to turn website building into a profitable business.
1. Understanding the Website Market
Websites have become essential assets, not just for traditional businesses but also for content creators, eCommerce sellers, and more. This market for pre-built, ready-to-use websites can be divided into two main types:
- Content Websites: These are information-driven sites, such as blogs, news sites, and resource hubs. They typically earn money through ads, affiliate marketing, or sponsorships.
- Business Websites: These include eCommerce stores, portfolio sites, and landing pages for service providers. Business websites are valued for their ability to generate leads, showcase products, and drive sales.
Understanding which type of website you want to build can help you identify your audience, choose the right monetization strategies, and tailor your design and features accordingly.
2. Choosing a Profitable Niche
One of the keys to building and selling profitable websites is choosing a niche with demand and growth potential. This could be based on your personal skills, hobbies, or even industries you have experience in.
Popular niches for website building include:
- ECommerce: With the rise of online shopping, there’s a high demand for eCommerce stores, especially in trending niches like health and wellness, tech gadgets, and sustainable products.
- Health & Wellness: Blogs or informational sites about fitness, nutrition, and mental health are highly popular and can generate revenue through ads and affiliate marketing.
- Finance: Personal finance, investing, and cryptocurrency are booming topics, making finance websites attractive for ad revenue and sponsorships.
- Lifestyle & DIY: Websites focused on home decor, travel, and DIY projects attract readers and potential ad sponsors.
- Local Business Sites: Building websites for local businesses (such as restaurants, salons, and real estate agents) is a practical niche, as many local businesses need an online presence.
Choosing a niche you’re interested in or familiar with can make the process more enjoyable, but also ensure that it has demand. Researching competitors and trends in the niche can also help you understand what works and what doesn’t.
3. Building Your Website
Building a website requires a blend of technical skills, creativity, and an understanding of user experience. Here’s a breakdown of the main steps involved in creating a website you can sell.
Choosing a Platform
The platform you choose depends on your niche, budget, and technical skills. Some of the most popular options include:
- WordPress: The most popular platform for building blogs, business websites, and eCommerce stores. WordPress offers flexibility, a range of themes, and various plugins to enhance functionality.
- Shopify: Ideal for eCommerce websites. Shopify simplifies the setup process for online stores, including payment gateways and inventory management.
- Wix and Squarespace: Great for simple business sites and portfolios, offering easy drag-and-drop design functionality.
- Custom Code: If you have web development skills, building a site from scratch with HTML, CSS, and JavaScript can make it unique and highly customizable.
Creating Content and Pages
For a website to be valuable, it should have relevant, high-quality content. Plan the main pages such as the homepage, about page, product or service pages, and contact page. For blogs and content websites, you’ll also need several initial articles or posts.
For business websites, consider adding:
- Service Descriptions: Highlight the core services the business provides.
- Testimonials or Case Studies: Building credibility for potential buyers.
- Lead Capture Forms: Collect emails for future marketing efforts.
For content sites, the focus should be on creating informative, SEO-optimized content that can rank in search engines and attract traffic.
Optimizing for SEO and UX
An attractive website is only valuable if it’s easy to use and optimized for search engines. Focus on:
- Mobile Responsiveness: Many users will visit websites on their mobile devices, so a responsive design is crucial.
- SEO Optimization: Incorporate keywords, meta tags, and high-quality backlinks to help the site rank in search engines.
- User Experience (UX): Ensure easy navigation, fast loading times, and a clean layout to keep visitors engaged.
4. Monetizing Your Website
To increase the value of your site before selling, consider adding monetization features. This adds an extra stream of income for potential buyers, making the website more attractive.
Common monetization methods:
- Ads: Register with ad networks like Google AdSense to generate revenue from page views.
- Affiliate Marketing: Promote products relevant to your niche, earning a commission for each sale made through your referral links.
- Subscription or Membership Content: Offer exclusive content or services for a monthly fee.
- Digital Products: Sell eBooks, courses, or printable templates if your niche allows.
- Lead Generation: For business websites, create features that allow the buyer to capture leads directly from the website.
Each method of monetization can add value, but keep in mind that they should align with the website’s audience and niche.
5. Setting a Price for Your Website
The value of a website is typically calculated based on its monthly revenue, traffic, and the strength of its niche. However, websites without revenue can still sell if they have a strong domain name, design, and good SEO.
The common formula for valuing websites with revenue is:
- Monthly Revenue x 24 to 36 = Website Price
This range varies based on factors like traffic, engagement, and niche potential. For content sites with no current revenue, prices can range from a few hundred dollars to thousands, depending on factors like domain value, design quality, and SEO readiness.
6. Where to Sell Your Website
There are several online marketplaces where you can list and sell websites:
- Flippa: One of the largest platforms for buying and selling websites, domain names, and mobile apps. Flippa allows you to list websites, and buyers can bid on your site.
- Empire Flippers: Known for high-quality websites with proven revenue, Empire Flippers vets each listing, making it popular among serious buyers.
- Shopify Exchange: Specifically for Shopify-based eCommerce stores, this marketplace allows you to list sites with proven sales history, making it ideal for eCommerce websites.
- Motion Invest: Focused on content websites with a focus on SEO, Motion Invest is a good choice for selling blogs and information-based sites.
- Private Sales: If you’ve built a local business site, you may be able to sell it directly to a business owner within your network.
Each platform has its own fee structure, so review these before listing your site.
7. Marketing and Selling Your Website
Once your website is listed, marketing it properly can help attract buyers and boost its final sale price. Here’s how to present it effectively:
- Create a Comprehensive Listing: Describe your website, its niche, content, features, and potential for revenue.
- Highlight Analytics: Share data on traffic, page views, and any revenue generated. Use tools like Google Analytics to provide reliable data.
- Showcase Revenue Potential: Outline how the buyer can monetize and grow the site further. Many buyers are looking for websites with growth potential.
- Answer Questions Promptly: Buyers may have questions, so respond quickly to show you’re serious about the sale.
Final Thoughts
Earning money by building and selling websites can be a rewarding business. Not only does it allow you to flex your creative and technical skills, but it also enables you to help businesses and entrepreneurs succeed online. As you grow, you’ll develop an eye for high-value niches, learn to create compelling websites, and identify profitable revenue streams.
With the right approach, you can build a successful business from scratch, earning income each time you complete and sell a site. And for those who love the process of creating and designing, it’s a fulfilling way to make money while doing something you enjoy.