Domain Magnate

NyTimes has an interesting story on a guy who flipped a site for an awesome $173K, after buying it for $1800 and doing some changes. According to compete.com traffic estimates the site bird-cage.com only has 5-6k monthly visitors from US, so it’s strange that just 200 visits per day can provide such nice income. Besides the site only has 257 links in yahoo and doesn’t seem to have any decent google rankings for the top keywords.

So it really looks strange why would someone pay a healthy amount of money for a small site, without much traffic.

On the other hand it shows that development could bring nice profits and e-commerce sites are the money makers!

here is the article: read more »