Selling Website

About Selling Website: So, you have developed your website, it is making money and now you wish to “sell your website.” You have worked hard to get it to the point where you think it will bring you a tidy sum. However, it is not an easy job to sell a website, because it involves a very long analysis.

Factors to Consider in Selling Website

There are several factors to consider in selling website …

The first and foremost point to be considered for selling website analysis would be the determination of the worth of the site. It is quite hard to determine the price of a site.

Determining the value and price of selling website depends on many factors such as:

1) The industry in which the site is operated;

2) Whether the industry is a buyers or sellers market;

3) The technical and the labor skill that is been required for the website maintenance;

4) The future potential and the cost required for the staff, marketing, and hosting.

However, a basic way to value or determine the price for a site before selling website, is to multiply it’s net monthly profit by 10 or 12. For example, if a website’s net monthly profit is $100, you can usually value it at around $1000 or $1200. Yet, this is not an absolute, because sometimes selling website will only fetch a multiple of X2 or X3 of the monthly profit.

Selling Website

Selling Website At Maximum Price

For selling website to work better and get a maximum price for it, it is important that clear and indepth information is provided to the potential buyers on your sales page.

This selling website information should include:

1) The details regarding the statistics of the website traffic, with proof through images or ultimately Google Analytics PDF;

2) The financial figures regarding the profit of the web site, again with proof of stats through images.

3) The time it takes to maintain the website to continue to earn at its current level;

4) Additional ways to perhaps increase the profit of the website;

5) How you will accept payment for the website for sale.

6) And, other important factors that will make the website more appealing to your potential buyers

The above are just the basics you need to disclose on your selling website sales page. Other information to include to increase the value of the website and make it more attractive include:

1) An introduction, explanation and health of the industry the website belongs to;

2) The reason you are selling the website;

3) What will be included in selling website, ie, hosting, bonuses, licenses, etc.

4) Any support that will be offered by to seller to the buyer.

There is a real art in selling website at maximum price and that is what this website blog is all about!

Selling A Website – Domain Worth

About Selling A Website & Domain Worth: Prior to selling website, it is important to know how much the domain is worth or valued at.

Did you know that market prices for domain names can run from a few dollars to thousands of dollars for premium domain names. The domain name “Loans.com”, for example, sold for $3,000,000 just a few years ago! You could actually have a very valuable domain name, that may be even more valuable than the content of your website you are selling.

Selling A Website And Determining How Much Is My Domain Name is Worth

First, before selling a website, it is very important to determine how much the domain is worth. Once determined, you may actually wish to keep it, instead of selling a website. In other words, it may be a good idea to hold onto the website for a bit longer so the value of the domain itself my become higher. Aged domains are more valuable than new domains (in the “eyes” of search engines).

As stated before, the domain name may be valued higher than the content on it, however, the reverse could also be true. The content on the domain may actually increase the value of the domain. This is especially true if the content is highly regarded, and other webmasters link to the website’s pages or posts without being asked.

Selling A Website

Other keys to determining the domain worth of website you are selling include:

1) A dot com domain is perceived as the highest value.

2) Next, a dot net or dot org is preferred.

3) Other domain name extensions like dot info; dot biz, dot tv, dot cc, etc are usually not perceived as valuable, however the content, age and ranking in search engines, can make this point mute.

4) Exact Match Domain (EMD), which means the keyword or keyword phrase exactly matches the keyword or keyword phrase the website is targetting, when selling a website is very desirable, especially if these keywords are searched for a great deal.

5) Typed in Traffic Domain names that are dot com can be perceived as valuable as well and go along with the above. This means when a searcher for the words in your domain name holds types in “keywordphrase.com” in their browser, your site will automatically be landed upon. When selling a website and you hold this type of domain name, you have to point out the visitors statistics of those finding the website this way. It is incredibly valuable if the “keyword” dot com is searched for often.

6) Market or Industry the domain name represents. Different markets or industry domains names are valued differently. For example, an “insurance” domain name can be more valuable than a particular “product” name because insurance search engine inquiry numbers are higher than the “product” search engine inquiries.

There are many factors in determining the value of what a domain is worth when selling a website. You can also pay to have the domain name valued or you can use one of the many domain name valuation or appraisal sites available online.

Domain Valuation Online when Selling A Website

There are many free domain value or appraisal programs online that will give you an estimate of your domain name when selling a website. Below are two popular sites:

DNS Scoop
EstiBot

However, when using these types of appraisal sites, don’t be surprised if the value of the domain of the selling a website are highly different from each other! What one free domain appraisal service thinks is valuable may be totally disregarded by another.

You could lose a lot of money if you do not get a close value of domain worth when selling a website.

Selling Website Tips

Follow these selling website tips and you can actually create a very lucrative business online Selling Website (s). It is an exciting time if you have developed a website that is ready to be sold and may fetch a good price. Here are several selling website tips and pitfalls to avoid.

This post will cover selling website tips that will include: determining the worth of your website; when to sell your website; where to sell your website; receiving payment for your website.

We will also discuss selling website pitfalls to avoid like, when not to sell your website; when not to use PayPal to receive payment for your website sale.

There are many other selling website tips and pitfalls to avoid which we will discuss in later posts.

Selling Website Tips on Value of Site

The first item on your agenda in selling website is determining the worth or value of your website’s content as well as the domain worth. Your domain name may even be far more valuable than the content of your website!

Selling Website Tips

The older the domain, the more valuable it is. It seems search engines put more “trust” in older domain names. In addition “exact match domain” names are valuable. This means the domain name exactly matches the keyword – keyword phrase you are targetting. And, “type in” domain names are very valuable. This means when a person types “keyword phrase” .com they will land on your website because that is the name of it.

A very basic way to value your website is to multiply the monthly profit by 10 or 12. However, this does not always hold true, you may only be able to fetch the monthly profit by x2 or x3. It really depends on the industry or market it covers, as well as how long the website has proven to maintain it’s monthly profit.

Selling Website Tips Regarding Data Offered

When listing a website for sale on a website sales venue like Flippa .com, the more information you offer your possible buyers, the better chance you have of selling the website.

A great selling website tip is to gather all your stats data regarding visitors for at least 3 to 6 months. Many buyers would prefer to view Google Analytics. However, if you do not have this installed, you can also use your cpanel stats program like Awstats and make screen shots of each month.

You should also have images to prove the profit of the website if you are claiming profit.

Give the history of the website, what you have done to develop it, what promotion has been completed (yet do not reveal how you have promoted it directly — state this will be revealed to the buyer).

In addition, a good selling website tip is to list the authority backlinks you have managed to get (not how though), where the site places in search engine ranking for it’s keywords, and why you think it will maintain this rank.

Tell your possible buyers what is included in the sale of the site: hosting? transfer of the site? premium theme? licenses? premium plugins? support?

Always reveal Why you are selling your website. Whether it is because you want to take a great vacation or wish to invest the money from the sale into another project, the reason why should always be stated.

Again, the more data regarding selling website, the better chance you have of actually selling it for the price you desire.

Selling Website Pitfalls to Avoid

You can really lose a lot of money selling website (s), so try to avoid these pitfalls.

There are many “website flipping guides” that give selling website tips that proclaim the best way to start out selling your website on an auction venue is to start the reserve price at $1 then state “no reserve” However, this is extremely dangerous.

You could actually end up having to sell your website for $1!

Selling website tips advises not to sell you website if it is not generating any money nor visitors — usually if it is brand new, or has been ignored. Instead, do some promotion, get more backlinks and start at least receiving visitors, before attempting selling website.

Another way, that works well, is to set the Reserve Price of the website at the lowest price you are willing to let it sell for, then START the bids at $1 and do Not set a BIN (Buy it Now) price.

You will get a lot of people asking the Reserve Price. A website selling tip would be to simply state you are not revealing the reserve price at this time (NOTE: on Flippa, you cannot reveal the reserve price in the public comments, yet, you can through PM). This way, you will get more bids because the possible buyers will not give up hope because the reserve price is to high.

Be very careful when accepting bids from unknown buyers. On Flippa and on DP Forum (and other sites for sale venues), there ususally is a rating system for members.

Always check the ratings of the bidders. If they have bad ratings, do not accept their bids. Also, if they just joined that day or a few days before, be very hesitant in accepting the bid.

Reveal in your sale listing how you will accept payment and the terms of the sale of the website. For example, it is highly recommended you go through an Escrow service if the sale is over $500 to $1000.

If you are going to use Paypal, it is recommended you state that the domain will not be transferred until the money has been received into your account. Once received you can start the process of the transfer of the site and domain.

If you receive negative comments on your listing, do not delete them. Simply reply as politely as possible, and state you hope they find the type of site they desire elsewhere.

If you use these selling website tips, you could have a much better chance of a good sale of your website.