In the marketplace forums you only pay one fee and you can sell many websites and domains without paying extra. If you decide to join a marketplace forum, you can also earn money selling other products and services like content writing, software, scripts, freelance projects and even banner and link ads.
Ready to sell? What now?
When you are ready to set up an auction for your website on a marketplace forum like www.zidbiz.com, you'll need to list the price for you website, and the description of the site you are selling. Make your description include the pertinent information like how much the site earns each month, what you spend on advertising and your overhead costs, how many visitors you receive monthly, and why you're selling the site. People want to know why you're letting a profitable business go, so tell them the truth.
The best advice for a winning description for your website auction is to be forthcoming with the relevant information and truthful about the reality of the site, and your intentions. Buyers appreciate honesty, and the truth seems to be recognizable.
While some people tend to oversell their site, others tend to undersell it. Don't be afraid to boast about what's great about the site. Does it address a certain niche with very little competition? Does it have unique content from an expert in the field? How do you differentiate your site from the others in the pack? Make sure buyers know why your site is special.
Accepting Payment
Payment can be a tricky transaction that comes with risk if not properly executed. A service like Escrow.com helps both the buyer and the seller reduce the risk involved in making the transaction.
Both buyer and seller register at Escrow.com. The buyer initiates the payment and puts the agreed upon amount into escrow. The seller must transfer the site to the buyer, and once transferred, the buyer releases the payment to the seller and pays the escrow fees. This way both parties are protected and the transaction is complete.
You can also accept payment through PayPal, if the seller feels comfortable with this. This is the typical payment method for sites selling for under $200.
Selling a website can just be a matter of putting it out there for bid. You never know when someone needs a site in your niche, or you type, and with your market share. The more value you add, and are able to prove in numbers and statistics, the more money you can make.
All in all, if you are selling, sell something valuable. Build up some content, promote it a bit and sell it after. Don`t ask for to much! If you bought a domain for $10 and someone is giving you $50 for it, consider selling! Yes, you could maybe sell it for more, but it is better to let the money flow. It will help build up your business and your psychological energy!
How To Sell Website
An emerging internet marketing trend is creating websites that can be developed to create income and then sold. In the current market, websites and blogs can be sold for ten times monthly earnings. A site that is managed by a third party can often be sold for a lot more, since the new owner doesn't have to create content or do marketing tasks.
Creating a site that can be sold requires making wise decisions that maximize its ultimate value. There are a few key areas that can add to or take away from the resale value of a site. The first and perhaps most important, influencing aspect of the value of a site is its domain name. A domain name that can be branded is essential if you want to get the maximum price for your site.
You should never use a personal name in the domain name if you want to sell your site. I also wouldn't recommend using dashes. This is debatable, and actually is heavily debated between webmasters. I wouldn't recommend it because some people won't want to buy it, and that will lower its value. I would also try to limit the amount of words that are in the name. A domain with five words will be harder for a person to remember than a domain that has one, two, or three words.
The next thing you want to keep in mind is how your site is branded. If you want to sell your site someday, you should stay away from using your personal name in the branding of the site. If your readers read your site to learn from you, they will react negatively when the ownership changes. A simply trick you can use here is to use a pseudonym or nickname while writing for your site. The new owner can take over the nickname and the readers won't know the difference.
There are also a few key rankings that you can improve to make your site considerably more valuable. Improving a site's Google Pagerank is a key factor that makes a site more valuable. To improve the Google Pagerank of a site you will need to increase its inbound links. Google uses the number of links pointing to a site to give it a rating between one and ten.
Additionally, improving the Alexa ranking of a site can help it to be more valuable, because it is a significant sign of where the site's traffic is. There is really only one way to increase the Alexa ranking of a site. You will have to increase traffic to get a better ranking with Alexa.
Both Bradly & Courtney Tuttle are contributors for EditorialToday. The above articles have been edited for relevancy and timeliness. All write-ups, reviews, tips and guides published by EditorialToday.com and its partners or affiliates are for informational purposes only. They should not be used for any legal or any other type of advice. We do not endorse any author, contributor, writer or article posted by our team.
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