There is a growing trend to building blogs so they rank well then selling them. Some call it blog flipping, some describe it as legitimate form of blogging income and others, well they just get plain lucky.
Being able to find a good domain name and developing to the point that it becomes valuable is not easy. It does take work and it will take time. However, the following report shows just how lucky some people can be.
Problogger has reported that one blog has, or is, being sold for $15 million – that’s a lot of zero’s. The name of the blog is Bankaholic – an appropriate name given our current financial situation. Whether or not it has been sold for such a huge sum is not an issue, however it does show how selecting an appropriate name and building the blog can generate a long term profit.
Many bloggers look to the daily income they can make from their blogs. A concentration on the income side will eventually prove to be the undoing of any blog. Content is important along with good linking strategies. Bankaholic has an average of 20 comments per post – that indicates a high level of content quality.
With many blogs struggling to gain even a single comment on a post, there is little doubt their strategies are not working. For many the reason is that fascination with money rather than quality content. Bankaholic may have struck it rich – however, the owner has worked hard to develop the site and develop a strong readership. Perhaps there is a lesson to be learned there?
