Welcome to this week’s Domain Magnate newsletter, featuring the latest website investing industry news, including our own.
Domain Magnate update
When it comes to investing in websites, more and more people are opting for a passive approach. This involves investing in websites that will generate income without requiring active management.
Check out my interview with Matt Raad of eBusiness Institute, where we unpack why investing in 6-figure websites is a smart way to earn passive income, an untapped strategy when purchasing websites as well as why investors with limited capital should explore Group Buys with Domain Magnate.
Amazon US merchants now pay a 5% fulfillment fee as fuel costs soar
Amazon is hiking its fulfillment charges for US merchants by 5%, the first time the e-commerce giant has altered its rates.
Amazon announced the new shipping charges earlier this month, explaining that this hike which is effective as of today (April 28) was necessary to offset rising fuel costs.
“In 2022, we expected a return to normalcy as COVID-19 restrictions around the world eased, but fuel and inflation have presented further challenges”
Investing in “ownable conversations” to develop niche content
What can you do to ensure your content provides valuable insights? One approach is to focus on creating “ownable conversations” – content that is more intentional, substantive, and inclusive of big ideas within your niche that create more detailed discussions.
“71% of decision-makers say that less than half of the thought leadership they consume gives them valuable insights”
Investment in ownable conversations will increase traffic, establish credibility, and give you a competitive advantage, according to the Content Marketing Institute.
Check out these 3 ways to foster an ownable conversation.
Opportunities in SaaS
SaaS industry growth is expected to reach $100 billion by 2025.
The average SaaS deal size has also increased, making the SaaS space very appealing to a number of business buyers.
(FE International, https://feinternational.com/blog/uncovering-opportunities-in-the-saas-space-in-2022)
SaaS has been adversely affected by the COVID-19 pandemic, with more companies seeking cloud-based solutions to enable remote working. SaaS’s expansion in the financial and healthcare industries is also a contributing factor to growth.
As the SaaS market continues to flourish, founders or acquirers interested in SaaS should check out FE International’s analysis of trends and opportunities emerging in the industry.
Create financial freedom with these 15 passive income businesses
The online business / digital asset market is showing no evidence of slowing down.
It is no surprise that the interest in starting an online business is growing at a rapid rate since it is a viable source of passive income that can enable financial independence and freedom from location constraints.
In parallel with this, millions of investors have realized the earning potential of digital assets and have used them to increase the value of their portfolios.
If you’re feeling inspired to profit from this market growth, we suggest you dive into this article by Empire Flippers, which outlines some of the most common passive income models and income sources.
Spencer Haws announces Niche Ventures
Spencer Haws has established Niche Ventures, a new investment opportunity that invests in profitable business ideas in the digital marketing, SEO, and online business market.
Spencer is looking for SaaS or other businesses that target digital marketers, bloggers, affiliate marketers, and SEOs and will invest $20 – $100k per business.
Here is a breakdown of how this partnership would work and how to pitch your idea.
Find profitable niches and quickly build niche-specific content
Nichesss is a powerful AI copywriting tool designed to identify profitable niches within your target market and generates niche-specific marketing materials and content ideas.
It offers over 100 tools including original blog posts, social media posts, Facebook, and Google ad copy.
Visit their website to see more information about the plans, features, and lifetime deal of $59.
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That’s all from us this week
Founder & CEO Domain Magnate