The Flip Side of Flipping a Website: 5 Critically Important Factors to Consider While Selling a Website

You bought a website, stripped it to the virtual studs and made it the best it could be. Now it’s monetized, traffic is coming in, and you’re fairly pleased with yourself. What next? If this is one of your money making ideas, obviously the next step is to sell this babyfor a good profit. As you enter the final phase of your flip, here are some things to consider:

“Why, of course I am!” you say meekly. Because you are thinking You really do like creating new contentwriting those weekly articles on collecting owl figurines. You’ve made some great contacts on that site, even a few you would consider friends. Your ads are profitable, and you’re continuing to climb on Google. Perhapsyou’ll keep this one.

Here’s another scenario: you’ve had it up to here with this website! You can’t get it to look, act, or monetize the way you want it to. You’re ready to let it go and try another one. You type “Flippa” into your browser so hard that the “l” key pops right out of the keyboard.

Neither of these incarnations of you are ready to sell. In the first, you’re enjoying that particular site, and making money from it. You can obviously renovate a we

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Home Alarm Sellers’ Shady Tactics

Around this time of year our neighbourhood is infiltrated by pushy home alarm sales people.  Apparently not enough people purchase home alarm systems directly, so many security companies go with the old fashioned door-to-door sales approach.

Now I’m not a big fan of solicitation to begin with.  Calling me at home and interrupting my dinner isn’t going to get your survey answered.  But telemarketers are just a minor nuisance compared with these shady home security companies and their door-to-door alarm sellers.

It Starts With the Hiring Process

Home security companies rely on hiring post-secondary students to sell their alarm systems door-to-door in the summer time.  Every spring, thousands of University and College students are quickly trained and then deployed all across North America with the promise of a great work experience and quick cash.  It’s a perfect marriage between an opportunistic company with a short selling window and the money-hungry students looking for summer employment.

The students are quickly gathered together for a few weeks of, “don’t take no for an answer”, training and then sent into our neighbourhoods to try and convince us that we need their product.  The allure of huge commissions and a big screen TV bonus, combined with the companies’ tailored and targeted sales approach makes for a highly motivated and aggressive seller.

The Shady Sales Pitch

The sales approach is fairly similar for all door-to-door home security sellers.  They are well dressed and travel in pairs, and will typically approach your house on a weekday afternoon.  This is likely intentional to target seniors and stay-at-home mom’s.  The sales pitch goes a little something like this:

We’re from XYZ Security and we’re trying to get our name out there in the community.  We’re looking for households to put our sign up on their lawn and in return we will install this home security equipment in your house for free.  Just don’t tell your neighbours about this deal, ok?

There’s been a few break-in’s in your neighbourhood lately and we just want to make sure that your home is safe.  Can I come in and take a look at your windows?  Do you have kids?

We’ve taken over all the contracts from XYZ Security (your existing security company) and just need you to fill out some paperwork to transfer the service.

What are they Really Selling?

All of these shady tactics and high-pressure sales pitches are designed for one reason, to get you to agree to let the security company install their home alarm system in your house.  What isn’t discussed is that this alarm system isn’t really free, they are getting you to sign a multi-year contract where you agree to pay a monthly fee for the home monitoring system.

Before you even have a chance to think it over, a technician shows up and starts drilling through your walls to get the wiring set-up.  I guess they figure that you are less likely to change your mind if they’ve already put a hole through your house.

Who’s Protecting You from the Protector’s?

I have nothing against home security systems in general, but the fact that these companies only go door-to-door says a lot about the appeal of their product.  Their main focus is to extract the maximum amount of money out of as many customers as they can in as little time as possible.  It’s not about your protection and security.

These companies offer free entry-level equipment that may not last 5 years, and have numerous complaints in local Better Business Bureau’s about their sales tactics.  Their monthly rates are some of the highest in the industry.  Some don’t even have a license to sell door-to-door.  Is that who you want to do business with?

If you are really interested in a home alarm system to protect your house and your family then be proactive and shop around your local market.  You’d be surprised at the difference in price, customer service level, and installation quality.  Then you can take all of the time you need to make an informed decision about the products and service.

What is the typical day for a CIA officer?: The Life Of A CIA Spy

This video What is the typical day for a CIA officer? is from the series The Life Of A CIA Spy

What is the typical day for a CIA officer?: The Life Of A CIA Spy is categorized as life and leisure. This video was licensed from Grab Networks. For additional video content, click the video tab at the top of this page.

If you are a new American Consumer News reader, we would like to welcome you to our website. American Consumer News exists to help people become better managers of money and more savvy consumers.

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Chase’s Relentless Expansion & Other News You May Have Missed

With the end of May lackluster job report dominating the news, you may have glossed over BofA’s renegade ex-employee and Mobius’s depressing and gloomy predictions for the economy.

Other stories include First Heritage Bank’s unfortunate closing and, in contrast, Chase planning to open up to 2,000 new branches.

Giving the ultimate stick to his old boss, a former BofA (NYSE: BAC) employee apparently handed out roughly 300 customer accounts with information including their names, addresses, Social Security numbers, phone numbers, bank account numbers, driver’s license numbers, birth dates, email addresses, mother’s maiden names, PINs, and account balances.

Bank of America has made no official statement on the theft because the case is still under investigation, but those involved estimate a minimum $10 million loss for Bank of America.

Read the whole story here and check in for more updates.

Mark Mobius, the executive chairman of Templeton Asset Management, predicts a dark future for our economy if we cannot get our affairs in order and solve what caused the first financial crisis, what many are calling the Great Recession. A big point of contention in the market’s struggle to recover are the too big to fail banks which have been continuing to grow despite the sour situation. Data from Bloomber

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What Type of Credit Card is Right For You?

With so many different types of credit cards available, it can be easy to get overwhelmed with the choice. Understanding the differences between cards can help you find the perfect match for your circumstances.

There are around ten main types of credit cards available and companies are always looking for new types of cards. The convenience of using cards far outweighs writing checks or carrying cash.

Types of credit cards include standard credit cards, those with extra rewards and cards with O% balance transfer. You can also get a credit card for bad credit if you have previously had financial difficulties.

The type of credit card you will be eligible for will depend on your credit rating. If you have a good credit rating, you will be able to access cards with a lower APR.

APR stands for Annual Percentage Rate and this is the specific number used to calculate interest on your account. People with a higher credit rating will be offered a lower APR.

Some credit cards offer cash-back for the use of the card. Users receive a specific amount depending on the credit card balance.

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Focus on the Big Things

I love how a little perspective can encourage positive changes. I was looking over our last 6 months worth of expenses the other day, and all of sudden, I came to a startling conclusion. Here I was, fretting and stressing and worrying over some of the things that we had bought recently. I had bought myself a new video game, we had bought some new clothes, and we had to purchase some gifts coming up shortly. I was all concerned that these purchases would put us over our monthly budget, and was wondering what I could reduce in order to save some money going forward. I noticed, however, that those purchases were essentially small drops in an ocean of expenses, and were rather unrelated to our overall financial health. Instead, our four largest expenses were consistently our home, our debt, our food, and our car. If I wanted to save money, I really should focus on big expenses, not the small ones.

Home

Keeping a roof above our head is, by far, the largest expense we have right now. We pay a rather significant amount of money each month in rent, not helped by the fact that we live in one of the most expensive places to live in Canada.

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EverBank CD Offers Risk-Free Investing Exposure to Metals

Feared of inflation and looking to hedge against the falling dollar? EverBank offers a low-risk CD with exposure to five different metals and no risk to principal.

Many investors have flocked to commodities as consumers find that their money is losing purchasing power. Gold recently topped $1,500 due to investor concerns over the government’s mounting debt, rising consumer prices, and deteriorating U.S. dollar.

The MarketSafe Timeless Metals CD is the latest commodities CD available from EverBank that allows customers to invest FDIC-insured funds with earnings participation of five metals. The CD delivers 20% exposure in each of gold, silver, copper, platinum, and nickel.

It’s a 5-Year CD that offers a maximum return potential of 50% while investment principal is guaranteed in the event that the composite return is negative. For a $10,000 investment, the most you could get back: $15,000; the least: $10,000.

The returns of the individual metal indices are averaged at the end of five years. The return average is capped at 50%. Even if metals prices increase by 200% in the next five years, the return from the CD is still 50%. Inv

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Car Insurance Tips for Teenage Drivers

Now that your child has their driver’s license it’s only a matter of time before they’ll be asking to borrow the car. The last thing you want to be concerned about is whether or not your car insurance policy will properly cover them, and at a reasonable rate. Getting the right coverage isn’t difficult. It’s just a matter of shopping around and asking the right questions. Here are a few tips on getting car insurance for teenage drivers.

Prepare Your Teenage Driver

The first thing you want to do is make sure your child will be a responsible driver. Simply taking a driver’s training course isn’t enough. You should begin teaching them the rules of the road and proper driving techniques as early as possible. Let them know the importance of having adequate insurance, and how the system works. Try and make them understand that by driving sensibly they will not only be allowed to drive more, but that it will help keep insurance premiums down. Encourage them to drive safely and avoid traffic stops, and the possibility of a ticket, because that will also help reduce rates.

Driver Safety

Since you’ll be trusting your child’s safety not only to their training, but to your automobile as well, you need to make sure it is properly tuned and in tip top running condition. Owning a vehicle

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