Do you know about Blog Flipping?

Does Blog Flipping or Affiliate Site flipping still work? I looked at this some time in the past, but it is such a different market now.
 
Blog flipping is an strategy used by certain online business owners. It includes making a weblog and promoting it after it has achieved a certain reputation. It involves creating blogs, promoting your blogs and selling it for earning profit on some auction sites like Flippa.
 
Blog flipping is an strategy used by certain online business owners. It includes making a weblog and promoting it after it has achieved a certain reputation. It involves creating blogs, promoting your blogs and selling it for earning profit on some auction sites like Flippa.
 
Buying an existing blog or starting one afresh for the sole purpose of selling it in future for good money.

It seems like a lucrative business for people, it can take from few days to months to resell a blog. A lot of work needs to be done- working on the design, the content, generating traffic, generating revenues, backlink profile.

All needs to be taken care of if one is aiming to make money out of it.
 
Blog flipping is a process of buying and selling of Websites/blogs/domains wherein you have to buy any blog in low price and then sell into higher price.
 
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