This is a method where you buy a website / website design / domain & then sell it for 8-10x the price .
You can make some nice money, all you need is a good idea for a website
1. Website Designing(Starter Sites):
I wouldn't call this "website design/development" exactly. You can get this done from someone for $10-20 or do it yourself if you have time.
Basically, you need to design a "service" oriented website. Be it logo designing, seo services, content writing, digital marketing, social signals or whatever. Take niche ideas or service ideas from Fiverr.
i. Get a brandable Name: The domain should be niche specific or brandable like resultorientedmarketing or supermarketingservices. Choose them from a domain name idea generator website by adding some keywords and adjectives.
Apart from brandable domains, you could also choose some EMD domain with decent searches tagging along an US city. For example: seo services in <city>, digitalmarketing<city>. These may be a bit hard to get and need some research but I am sure you can get other extensions apart from .com.
ii. Purchase domain: Get a domain for cheap from godaddy or namecheap with their promo deals. (Cost: $1-10 or lower).
iii. Design wordpress website: Create a basic wordpress website around it with service pages, about us, contact, blah blah. Just the usual agency website stuff with proper graphics and service packages with pricing packages and options to buy.
iv. Flippa Listing: Now list the site on Flippa. While listing, give proper title (
START YOUR OWN *Blah Blah* Service Website In 24 hours )
and a long description including a strategy of how the buyer can earn $xxxx from the site selling the services.
Highlight a hypothetical shitty calculation of how they can earn after selling X no of packages or services.
Include a shitload of Buy It Now(BIN) bonuses to attract bidders.
Example listings:
You can
List the site in the range of $120-200.
Profit:
Your Cost: Domain + Shared hosting + Website Design + Flippa listing = $10(max) + $5 + $0+ $19 = $25-$35
Sale: Around $130-200.
If you are such a seller, give your contact info to the buyer to purchase those services from you when someone places an order on his website. Else, hook him up with someone from fiverr or seoclerks or even from BHW.
If you have chosen an EMD like suggested above, you could approach local companies who are ranking in those cities and strike a deal too in case the listing goes unsold. I'm sure they would be interested.
You also expand your business if you are a seller as the buyers would be returning back to you in case they get orders.
Design and scale up. I have seen sellers selling more than 50 websites per month. That's a decent income for a web designer if you say.
If you are a wordpress noob, just hire someone to do it for cheap.