Add a Dropshipping Store = Sell Blog for $25,000

Hey guys, welcome to another episode of NanoFlips where I break down exactly how you can buy websites, improve them, flip them for massive amounts of money. Um, stick around, it's going to be fun. I'm going to show you different things to do, different ways to break it down. The website we have today is actually a content-based website. Normally I talk about ad networks This time we're gonna talk about e-commerce as the backend. I think there's a major opportunity for you to open a dropshipping store connected to it. Website flipping is exciting. Website flipping is fun. It can be really easy. It's probably some of the best cash-on-cash return opportunity for people out there as an asset class. So without further ado, let's take a website that we're looking at today. Welcome back, you guys. So check it out. This is the website we are looking at today. It is called Boxing Gloves Reviews. Com. So when we go through it, it ends up being, believe it or not, a website about boxing gloves and the reviews of them. So what's interesting is this website is actually for sale on Flippa currently. Let's take a look over at the listing and see what it's listed at. Currently $4,000. There's some time left. It's making $300 a month net profit. As we know, as I talk about a lot, when you're flipping websites and you want to make money from them, the reality is they normally sell for about a 36x the monthly net profit. So $297 times 36, I'd say this website's probably worth to you $10,000. I would be comfortable in this range as long as you do the due diligence and everything looks right, that if it is what it says, this website is probably going to go for more like $10,000. But that's fine. It's totally, totally fine. It's got a great authority score, tons of referring domains and backlinks, and ranks for keywords. Traffic is a little interesting, right? But it seems pretty good. It actually is on the up and up. Seems— I believe there was a big, um, update on Google in December, so if it popped then, it's probably a decent thing anyway. So do your own due diligence. As always, you got to use, you know, Ahrefs. You got to go look at all the backlinks. You got to figure out is this the right site for you? Does it fit into your thesis? But as we take another quick dive in, uh, later on I'm gonna show you other ways for us to look at monetizing it. But let's first look at the monetization strategy that this site has going on currently. If we go through the listing, you guys, we're gonna see, um, first of all, what I love to see here is overall the trending overall, the, the, this is absurd. This has got to be more of a, um, Christmas pop here. But these things still being higher implies to me that the overall trend line is going up. That's really good. It's something I like. Um, I think, yeah, Amazon Associates Program. Um, that's awesome. That's great. I would bet my bottom dollar that we can find several other ways for you to monetize this website and make it better. So, oh, you know what's interesting is that this, this seller right here is talking about apply to Ezoic. I can tell you right now, if you're a referral of mine, I'm gonna— what one thing the seller doesn't know, that this traffic, the website that this traffic gets, is not enough traffic. 8,600 page views a month, 6,000 uniques, will not get you approved to Ezoic. But luckily for you guys, all my referrals, there is no traffic minimum to get into Ezoic. I literally today signed an agreement with Ezoic to make sure that all of the people that I shoot over to them get to jump through all the hoops. So, um, make sure to go through me and I'll take you over to Ezoic if you wanted to, and we'll get you a higher payout for your money. But let's keep going, let's keep looking at this. Ezoic is absolutely one of the main bumps that I like to see. It's an easy one, you know, um, Yes, add some new content. That's obvious. We're going to rank for more things. Write an ebook on boxing. Okay, I don't love that one so much, but here's what I would talk about doing. What I would talk about doing is setting up an email list and actually selling your own boxing, uh, gear, selling your own boxing gloves. So let's just say, you know, obviously the reviews, we want them, we want to get the reviews, but what if we had a pop-up What if we had a popup that when it came along could bring you down the line and would capture your email? And what if maybe at the post of that popup it took you to a page that reviewed the boxing gloves that you own and you sold, that you're dropshipping to them? So let's just, popup software. Let's make it really simple, you guys. Bada bing, bada boom. We're gonna take you to OptinMonster. I'm just gonna pick the one I know and I've used a ton before. This fantastic, really easy WordPress plugin. Any of you guys can get it going. So check it out. What are we going to do? How are we going to make money and how are we going to find an opportunity here that is going beyond just the Amazon Associates traffic? Yes, we're going to throw on, um, Ezoic. We're going to increase a little bit of revenue. But on this page, what if when you were clicking on this Haibasu T3 right here, you had a pop-up that popped up and it said Sign up for our favorite, you know, to learn more about our favorite, the best boxing, you know, discounts on the best boxing gear there is, right? You know, the reality is that's not the best way to put it. I'm making this up on the spot, but I know it would work. The conversion rate wouldn't be fantastic, but let's go back and run some of these back-of-the-envelope numbers, you guys. So now they've gone inside. Now we've gotten them, let's say, 6,000 uniques. Let's say that crappy pop-up lead magnet I have, it's not a good one. Let's say that is bringing in like, um, I don't know, a 2% conversion rate. 6,000 times 2%, 120. 120 new emails a month. That's not so much, but it's not so terrible either. And what if on the back end of that, what if when they all signed up, it actually took them on the thank you page to a little e-commerce page? You had a Shopify page built where you actually sold your own boxing gloves. Now the question I'm sure you're asking yourself is, how am I going to sell my own boxing gloves? That doesn't make sense. Another video will go into building a Shopify store. Don't worry about that. For now, let's figure out where you're going to find your boxing gloves. So for me, what's the first thing I'm going to do? I'm going to go to Alibaba or AliExpress. You know why? AliExpress is a lot easier. You know, we'll use Alibaba as an example. AliExpress, well, you can drop ship anything on there essentially. Alibaba is going to be a little bit more— God, you guys are tricking me. I just signed up for push notifications. I don't want that. Alibaba is is gonna have better pricing, but it doesn't matter. Let's see what boxing, let's just type boxing gloves. Ah, not so much, that's a little much, but whatever, we could probably sell it. Here's, look at all this, chomp ropes, things to hit, bags, gloves, $7.23. Wraps, 99 cents. Maybe you're just selling wraps, who knows? My point is, you wanna then, let's say out of 120 of those people, You know, it's nothing crazy. What we're talking about is setting up automated systems so that you can make more money. I'm not talking about you doing the heavy, big lifts that eke out even more revenue. What's the easy play stuff? So let's say, I don't know, let's say that we could get 10 people a month. 10 people a month to buy your boxing gloves that you're selling. You sell them for $20, instead you make $13. So we're adding $130 of revenue each month to this store. Okay, so we're adding $130 to the $297. Already when we take you to over to Ezoic, that $297, at $297, let's say you get 20% bump on it. What are they guessing here? And see if they're bullshitting you. Excuse my language. 25 to 40. I'll agree with them on 25. Let's give it a 25% positive one. So times 125%. So now you guys, you're gonna make $371.25 just off that, but now you're also making $130, okay? $130 a month off those clothes, plus $130 a month off the clothes. Now this website is netting you $500 a month with maybe a day of work, okay? $500 a month, remember I told you it's worth $10,000 today? Let's say we times 36 months, now this website is gonna be worth $18,000. So with a day of work and you wait it out, you're probably gonna make about $8,000 here, you know, maybe a couple days of work. You're also going to want to, you know, I don't want to pretend this is the easiest thing on the planet. I'm making it sound easy and making it sound simple. You want to do some other stuff, right? Like the website could use a little bit of work, right? Don't forget, when you have the email list now, you can also keep selling them other stuff. You can sell them those wraps, you can sell them those heavy bags, you can sell them whatever you want to sell them, right? You can also just send them the new content because you're going to be putting out new content all the time., and you can send them new content that brings them back to the site and keeps getting you Amazon affiliate commissions all the way down. So there's a lot of opportunities, I think, with this website. Let's see what the person, whatever, what else they've suggested. Um, uh, accepting sponsored posts, I love that. I think you could probably add another, uh, oh, with this DA, oh, we could definitely, man, you guys, with this domain authority, this authority score they got here of 42, I'm gonna say you could easily clear out another $150 a month. On this website. So now this website's making $650 a month and is worth $23,000, right? $650 times 36, $23,400, right, you guys? So the reality is that if you bought this website, if it is everything the seller is saying it can be, and if you check below, you'll see they have a link to my newsletter, NanoFlips, where I talk about exactly how to do due diligence. I talk about how to figure out all this stuff on your own.. But if you do your due diligence and this website is exactly what this person reported to be in the right scenario, if things go well, I think you could really quickly make this website worth $25,000. Maybe not really quickly in 6 months or a year, but the outlay of work would be, I don't know, an hour or two a week, right? So let's assume on the high end, 2 hours a week, 52 weeks a year, 100 hours of work, 100 hours of work. And by then you're probably growing it as well. Let's say you've added $20,000 in value to it, but you also in that timeframe are gonna pull out another $650 times 12, so another $7,000 over the year. So you're gonna make $27,000 hypothetically, give or take. Again, this is back of envelope numbers. $27,000, and let's just say you've gotta work 100 hours. It's $270 an hour, you guys. I promise you, you're not making that at your job. You're not. I mean, $270 an hour, I know, trust me, 'cause I charge $250 an hour for consulting. It's about a $600,000 a year. Job at 40 hours a week. Anyway, you guys, you're going to want to go look at Alibaba. You're going to want to look at DHgate, AliExpress. Don't forget, you're probably going to want to build this— build a little site on Shopify here. Shopify is going to be the e-commerce store that you build the backend on. But I can tell you right now— oh, another great thing I love about this listing that I love is that this seller, 100% positive feedback, over $85,000 in transactions. What that says to me is that this seller is real. He's probably not a con artist. He's probably not overselling you. But anyway, you never know. Do your own due diligence and check it out. And forget— don't forget these other steps. Switching it to Ezoic. If you can't get onto Ezoic, you need to get in touch with me. I can get you onto Ezoic. You want to set up an email list and you want to set up a small dropshipping e-commerce store. And in that lift, it's a little bit of work. You're going to already make a lot more value. But if you also put out content, write some content, do a little keywords research, write some content over the next 6 months, maybe an article a month— sorry, an article a week, sell some sponsored posts, maybe doing 2 hours of work a week here. I'm really serious, you guys, that I think it would be a fantastic opportunity. Can't promise you, it's never guaranteed, but I can tell you from risk-adjusted returns, it looks pretty good to me. Don't forget to like this video. Please subscribe, you guys. I'm really trying to explode over here in the YouTube space. I'm really mostly talk over on Twitter. Twitter, I'm @JamesonCamp or Jameson Camp. Sign up for the newsletter if you're interested in website flipping and learning more about making money flipping websites, then NanoFlips.com is the place to go. I'll see you soon. Thanks.