How to Make Money Investing in Websites

Find a website that is available for purchase. This can be done easily by searching website auctions found on sites such as Flippa and eBay. Additionally, you can contact individual website owners directly and ask them if they are interested in selling.
Determine how you want to monetize your new website. Popular options include selling advertisement space, affiliate products, or generating leads for other companies.
Modify your website to reflect the monetization method you have chosen. If you are partnering with an established advertising agency like Google Adsense or Yahoo Ads, they will provide you with HTML code to insert into your website to display their ads.
Drive traffic to your website by promoting it across the Internet. This can be done free through social networking sites like Digg and Stumbleupon, or you can purchase advertising directly through other companies.
Test various offers and advertisements to see what is the highest converting offer. The higher your conversion rate, the more money you will make with your website.
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