Before you sell a site that is making a lot of money for you, really consider your plans for the future and be sure that you feel it is the right move for you. In the world of internet marketing things change very quickly. If you have built one profitable site you are probably confident that you can do it again. Confidence in your ability is a great thing and I do hope that you are confident, but keep in mind that there is no guarantee that your next site will be as successful as the one you are selling.
A site that sells its own established product may be seen as less risky than a site that makes all its income from Clickbank affiliate sales. A site that has been around for 3 years with a track record of steady growth in profits will be less risky to a buyer than a site that is 6 months old and has been making money only for a few months. If your site is making $10, 000 per month in profit you should be looking to be in the middle to the upper half of this range at 20 – 30 times the average monthly profit. But what I struggle with is a few months later when I notice some change that I wouldn’t have made or some new direction that I don’t agree with. If you are considering selling a website you need to be prepared to completely give up control of the site, and understand that you may not like what the site becomes in the future.
Your site may very well have huge potential, but if you want to maximize the amount that you get when you sell the site you will need to reach at least some of that potential before selling. Typically when a seller is explaining why they value their site at a certain amount to word “potential” will eventually come up. Specific monetization strategies can also be a factor.
If an individual know of any firms that own multiple sites within your industry it will be worth your time to be able to reach out with them, also if it is a new cold call or e mail. One of the just about all likely buyers is a person, or even a company, that previously owns other websites or perhaps businesses in the market. In many cases firms will buy an internet site that helps those to for some reason reach a new part of their target market, or perhaps to offer a product or perhaps service that is contrasting about what they already offer you. My approach is to be able to ask my contacts to be able to let me know when they think of a person who could be interested inside the site. I seldom email people and request them should they would end up being interested in buying typically the site themselves unless I actually know they may have a historical past of buying sites. Our first approach with virtually any site that I need to sell is to be able to contact people inside my community and see if I actually can discover a buyer of which way.
I didn’t use Jock’s services because I had already identified a potential buyer through my network. If that sale had fallen through my next move would have been to work with Jock to try to sell the site. Typically the broker will charge a percentage of the sale price, if the sale is completed. I’m not able to find fees listed on the websites of Quiet Light, Latona’s, or FE International. You’ll pay a fee to get list your site, but in return you’ll receive exposure to hundreds or thousands of potential buyers. If you want to obtain a site sold quickly, the marketplace is an excellent option because your listing may quickly get lots of publicity. Take enough time to create it into something unique and reach its potential before looking to sell.
They will acquire the money from typically the buyer as soon as you have got transferred the assets they will will release the funds to you personally. Many marketplaces can provide contract templates of which you can use, just like this one from Flippa. If you have discussed to five different probable buyers each one regarding them values the internet site lower than you carry out, chances are you could have a difficult time getting a buyer at your current asking price. If you may have talked to a dealer and you’re looking to be able to get twice what they will suggest as an prompting price, it could take time and effort to locate a buyer with a value that you are ready to accept. How very much would it cost myself easily were to be entirely uninvolved with all the site, in addition to how much profit would certainly it make in of which situation? Would I somewhat go that route or perhaps sell a little under my price? Each circumstance is unique and you also want to know what alternative ideal you.
If that does not necessarily lead to any curiosity the next move is usually either to list that somewhere or to locate new people to make contact with. If I were seeking to sell an internet site for anywhere from $5, 000 – $30, 1000 I would consider record it with Empire Flippers as they seem to be able to have got a good success level in that range. Regarding full disclosure I use marketed sites through Flippa in addition to I have also marketed sites on my very own. I have never applied a broker, although I did consult with Jock Purtle of Digital Exits regarding a site that I sold some years ago.