Website owners can't help but to feel joy when it is time to finally exhibit what some have been working on for countless days, months, and sometimes even years. Many questions may be unanswered when the time comes to finally sell a website, but hope rises to the occasion. Sometimes those things that seem to take forever to construct, are well worth it in the end. After all, Rome definitely was not built in a day. However, the real joy comes when the first sale is about to land.
Every site owner needs to know within, how much their site is worth. Basically, its worth is based upon whatever someone wants to pay for it. It is not always easy to get a price in mind. However, an individual should know what price would make them happy. One must also know what their costs are, labor, and potential of the website before selling. Supply and demand is very important at this time.
Some suggest that when selling a business, one needs to look at the profit, and then multiply it by ten. Or, some say look at the revenue from last year and multiply it by two. Whatever the case may be, this is just a start.
An individual also needs to be careful about the new owners that they choose, because they should not want to give their site over to just anybody. It has to be maintained and carry the dream the original owner had intended. Plain and simple, the right owner needs to be passionate about what they have been given charge over.
The more information a seller gives to a buyer, the greater the success rate. Anyone who is serious and knows what they are doing, wants as much information as possible. Sales figures are very important, along with keywords for site popularity, where visitor traffic is coming from, and the PageRank of the site. Again, the more information that is given, the more someone is likely to buy.
Those that are serious about selling their website must become a student of various statistics packages such as Awstats or Webalizer. They are great in allowing the owner to access site traffic. Important documents such as profit and loss statements, revenues derived from advertisers, as well as money that has been paid out in order to maintain the site. Also, it may be wise to send out an email letter in order to allow others to familiarize themselves with the site and what it has to offer.
When searching for a buyer, start locally first. Look for buyers that understand what the seller is trying to do. They will easily be taught and recognize the value of the site. They won't have to be taught about the individual's marketplace. They will be excited for the opportunity to gain new potential customers. Then, if there is no success, search outside the industry.
When the time to sell approaches, most likely there will be a sense of urgency by the buyer, the seller, or both. Most likely, the party is the most desperate will put the ball in the other person's court. At the end of the day, each individual must make sure that they are satisfied with the terms of the sale.
Every site owner needs to know within, how much their site is worth. Basically, its worth is based upon whatever someone wants to pay for it. It is not always easy to get a price in mind. However, an individual should know what price would make them happy. One must also know what their costs are, labor, and potential of the website before selling. Supply and demand is very important at this time.
Some suggest that when selling a business, one needs to look at the profit, and then multiply it by ten. Or, some say look at the revenue from last year and multiply it by two. Whatever the case may be, this is just a start.
An individual also needs to be careful about the new owners that they choose, because they should not want to give their site over to just anybody. It has to be maintained and carry the dream the original owner had intended. Plain and simple, the right owner needs to be passionate about what they have been given charge over.
The more information a seller gives to a buyer, the greater the success rate. Anyone who is serious and knows what they are doing, wants as much information as possible. Sales figures are very important, along with keywords for site popularity, where visitor traffic is coming from, and the PageRank of the site. Again, the more information that is given, the more someone is likely to buy.
Those that are serious about selling their website must become a student of various statistics packages such as Awstats or Webalizer. They are great in allowing the owner to access site traffic. Important documents such as profit and loss statements, revenues derived from advertisers, as well as money that has been paid out in order to maintain the site. Also, it may be wise to send out an email letter in order to allow others to familiarize themselves with the site and what it has to offer.
When searching for a buyer, start locally first. Look for buyers that understand what the seller is trying to do. They will easily be taught and recognize the value of the site. They won't have to be taught about the individual's marketplace. They will be excited for the opportunity to gain new potential customers. Then, if there is no success, search outside the industry.
When the time to sell approaches, most likely there will be a sense of urgency by the buyer, the seller, or both. Most likely, the party is the most desperate will put the ball in the other person's court. At the end of the day, each individual must make sure that they are satisfied with the terms of the sale.
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