Yesterday, I linked to an interview with Flippa CEO, Blake Hutchison, where they discussed the opportunities buying and growing existing websites on marketplaces like Flippa or EmpireFlippers.
Richard Patey in his newsletter yesterday wrote about DomainMagnates’s fund to purchase and grow sites like this. They had some setbacks, but overall the fund is up 130% for the year.
There are big opportunities for buying and improving sites like this. With some SEO, copywriting, and content marketing skills, these sites can be quickly grown because they are already established and have some traction. It is worth watching this space. At the very least, it might be worth your time to purchase a small site to get some experience buying and growing a website.