Posted on 12 December 2009. Tags: All The Rage, Blogger, Business Owner, Custom Lens, Flipping, Future, Google, Lensmasters, Marketing Gurus, New Membership, Newcomer, Niche Topic, Profitable Investment, Quality Sites, S Market, Search Engines, Seller Buyer, Speculators, Squidoo, Steady Traffic, Viable Business Model, Virtual Real Estate, Website
Website flipping is all the rage as a new “Make Money Online” business model. New membership sites have launched showing you exactly how to cash in on buying and selling virtual real estate. In fact, some internet marketing gurus are even calling it an art. The art is really in finding a site with potential that you can improve and then selling it for a profit. What gets complicated are the mechanics of transferring the domain and website pages to the new owner.
Squidoo lens flipping is a newcomer to this art. On Squidoo you don’t actually own your websites, or lenses as they are called, but you can transfer a lens to another Squidoo member. There are no fees to transfer, and it takes only a simple exchange between the seller, buyer and Squidoo to complete the transaction. For a skilled lensmaster, the Squidoo version of a webmaster, creating or buying lenses and flipping them for a profit could be a viable business model.
Already talented lensmasters have started services to build a custom lens for a fee. Ready-made lenses are gaining in popularity as well. These might be pages that are brand new on a hot niche topic, or a lens that has already proven its ability to pull traffic and make a steady income. There are even sites set up specifically for lensmasters to sell or auction their Squidoo pages.
The buyer’s market for ready-made lenses isn’t just for new Squidoo members. The same speculators who buy websites can see the potential in a quality Squidoo page. One with steady traffic and a reliable monthly income can be a profitable investment. A business owner trying to place on Google for specific keywords may buy one to target those words in the search engines. A blogger may want a spot on Squidoo to drive traffic back to his site. The value of a lens depends on the keywords, traffic, backlinks, monthly income and Google positioning,which is very similar to pricing any other website. Prices for quality sites on Squidoo vary from as little as $10 for new lenses to as much as a few hundred dollars for proven income-generating lenses.
Some innovative lensmasters are creating a series of lenses on a specific topic. Each lens in the series will target related keywords within that niche. They will design the Squidoo pages to feature and link to each other creating a ring of traffic to each lens. Then they will sell the group as a set to a prospective buyer or someone who is looking to add to their website portfolio on that niche. A set of lenses linked together within a specific niche can often demand a higher price than the same number of Squidoo pages sold separately.
While website flipping can be complicated, selling a Squidoo lens is a simple process. Even advertising your lenses for sale is as easy as building a page showcasing your available lenses. Squidoo experts have even created lens marketplaces and auction sites. Starting a Squidoo lens flipping business couldn’t be easier. There is no financial risk to this make-money-online opportunity. With no fees to build a lens or transfer one, the only investment you have is your time.
Posted in Flipping Websites
Posted on 07 December 2009. Tags: Camera, Cheque, Confidence, Couples, Digital Camera, Earn Money, Earning, Earning Money, Extra Money, Financial Climate, Image, Libraries, Luxuries, Making Money, Microstock Photography, Money, Newcomer, People, Photographic Services, Photographs, Photography Market, Portrait Photographer, Start, Subscription Fees
As the current financial climate is really beginning to bite, more people are looking to try to earn extra money with their camera. But at the present, people are spending less and everyone is tightening their belt so what are your options?
The first question that you must ask yourself is Are my photographs good enough to sell, do I have the confidence to photograph people and do I have the commitment to see it through? Making money with your camera is not an instant quick fix for your finances. Dont forget theres the seasoned pro photographer out there also trying to drum up more business and if they are struggling, well what about the newcomer?
But things are not all bad. The large company has to still market their goods and services. Couples are still getting married and there are still opportunities for the portrait photographer. Even in the hard times people still have money for luxuries but you have to market your photographic services and marketing usually involves spending some hard earned cash. But if youve got the money, confidence and commitment, then go for it!
As the owner of a Digital Camera you do not have any film or processing costs. You can shoot as many pictures as you want without using any spare cash that you may have. One market I would certainly look at is the Microstock Photography Market, but dont expect to be rich overnight. The big plus with submitting your photographs to the Microstock Photography Market is that you dont have to layout any money to get started. The pictures that you upload to the libraries, who sell them on your behalf, charge no joining or subscription fees. They take their commission when and only when your image has been downloaded from their library.
I know it sound too good to be true, selling pictures each and everyday and receiving your commission cheque at the end of every month, well it is too good to be true. The commission that you receive from a download can be as little as twenty five cents. But before you stop reading let me explain. You can have that image registered with any number of Microstock Libraries. You could sell hundreds a day in theory, but I doubt that you will until you have built up a really good portfolio.
I personally, on average earn six dollars every year for each image that I upload to the Microstock Photographic Market. So if I were to upload ten images from my day out this Sunday I should earn over the next twelve months sixty dollars and another sixty dollars in the next twelve months. Some of my images have not sold yet; others are downloaded very other month. My top selling images sell on a regular basis and bring in a regular income.
My personal view of Microstock Photography is that it is an additional regular monthly income, my pension for later in life. I also regard it as a release where I can be creative and shoot my own thing. If you love taking pictures, look forward to building a future income, setting a goal to aim for all without spending any cash, Microstock Photography could be for you. Yes you can make good money from it but you must be totally committed and upload images on a regular basis. As a long term option then Microstock Photography could be regular passive income from your camera that you are looking for!
The first question that you must ask yourself is Are my photographs good enough to sell, do I have the confidence to photograph people and do I have the commitment to see it through?
From the age of sixteen I have worked in the construction industry developing an eye for design and an appreciation of fine architecture. But, my first passion is photography! I gained my Licentiate with The Royal Photographic Society way back in 1988 – A passion that has grown, over the years, into an obsession.
It was inevitable that at some point my two main interests would become one.
Because of my love of buildings, architecture and furniture and drawing on my experience gained in the construction industry feel that I am in a position to take images that fully justify the subject and show a knowledge and commitment of creative photography. However, I do shoot other subjects for my personal use.
I now publish a newsletter aimed at the Microstock Photographer who wants to sell their photos online. Please view my latest stock photography and subscribe to my newsletter at http://www.gbphotostock.com or view my blog at http://gbmicrostock.blogspot.com/
Posted in Photography