Flipping My Sites – I’m All Excited!

Not so long ago, I became to know and love Twitter.

• It allows me to gather and share knowledge and tips, without having to write entire blog posts – which – for me – is pretty time consuming,
• It provides the opportunity to quickly interact with people, without having to abandon what I’m doing

While I was learning the ropes, I thought it would be a good idea to share my findings on a special blog. TwitterKnowHow.com was born…

Unfortunately, I have too much on my hands right now to keep managing the blog. I’m already working on several other projects, and I simply can’t spare the time.

So I’ve put up the site for sale.

Before I did, I figured I had to drive some traffic to it, in order to make it an interesting offer. Because traffic generation is not one of my best skills, I started looking for ideas…

While exploring Twitter-related site, I had noticed that the ‘Follow Me On Twitter’ buttons and button generators were extremely popular with the Twitter audience. I could see stats of hundreds of buttons being created every day.  If I wanted traffic, that was the way to go. So I came up with the  Twitter Ribbon Ad Generator, a free service that allows you to create  – you probably guessed it – ‘Follow-Me-On-Twitter’ ribbon ads to put on your site.

What happened next completely surprised me…

All I did was tweet about the service, and soon people all around the world started tweeting about it too. As a result, the site started receiving much more traffic than expected. And by installing the Viral Twitter Script, which requires visitors to tweet about the service in order to get access to all available ribbon ad templates, I can be assured the stream of traffic will keep growing.

Mission accomplished… This would really bring up the value of the site.

Next thing I did was read through a couple of ebooks about website flipping (I can really recommend FlipNoobs), got myself a reseller account at Hostgator (since I’m planning to flip sites more often, I thought it would be a good investment. And by using the coupon code ‘wordpress‘, I got the first month for only $15 instead of $24) and listed the sites at Sitepoint’s marketplace.

At first, I didn’t set a BIN (‘Buy It Now’) price. After all, I’m new to all this, and I honestly have no idea what the sites are worth. Unfortunately, people kept asking me for one, so I decided to set it to $975.  I realize the sites are probably way underpriced, but to me, $975 is a huge amount of money. And if I have remembered 1 sentence from the ebooks I’ve read it’s this one: ‘don’t be greedy – if you can get a price that you think is sufficient, don’t hesitate to sell.‘

I’ve only listed the site yesterday, but there has been some interest already. I must admit: I’m excited like a schoolgirl.

(And maybe the best part is – even if I don’t sell the sites, the learning experience has been more valuable than all the money in the world )