HOW MUCH IS MY WEBSITE WORTH?
You have made a website, worked on it, you have spent a lot of time and effort on it. But now you don’t know what to do next, what is the end goal.
The answer you got is to sell it. it may help in freeing up some time for another project to work on.
And if you are thinking about Selling your website, you should first think about its worth, and should ask this question from yourself “Should I sell my website”?
We are writing this article to help you in answering your question related to the above-mentioned topic.
Some frequent questions that might come to your mind with their answers are written below.
SHOULD I SELL MY WEBSITE?
The answer to this question you can give is you could be bored with your website as it might be taking a long time and effort and resources but still not giving the desired result. And so that you are thinking to move on. Another reason you can give that it has touched the sky that you wanted from the initial stage and now you have enough traffic and income from your website and you are not seeing getting any more out of your website. The third reason could be about your shifted interest, although your website is successful in every aspect still you might be cajoled toward other projects and opportunities and want to try your lick out there.
Whatever you chose to give for selling your website, you should know its worth.
HOW MUCH MY WEBSITE WORTH?
It is not easy to estimate or can give you an exact figure of how much you will earn if you will sell your website but on an approximate and with a common rule of thumb i.e., multiplying your monthly income with 24-36. So, if you earn $2000 per month then, you could expect $48000-$72000 while selling it.
Other factors like Your Net Profit, Long-Term Profit, and Revenue Stream are there to determine your website’s value. Also, a website that brings a lot of traffic has more worth than those websites that rely on advertisements for visitors.
WEBSITES VALUE CALCULATORS?
1. There are many website value calculators are available to calculate the worth of your website, below mentioning 7 value calculators which are little famous in the market. Only keep in mind that any number is just a guide, the buyer may offer more or less value, you have to decide accordingly.
2. Flippa
3. Empire Flippers
4. FitSmallBusiness
5. Worth Of Web
6. GoDaddy
7. SiteWorthTraffic
8. Siteprice.org
FLIPPA
Flippa valuation tool claims to give you accurate valuation of your website to sell it. its 6 step process is very to perform. You are asked to enter the information required such as your name, email, phone no. to access the report.
EMPIRE FLIPPERS
Empire Flippers claims as to be no. 1 platform for buying and selling of established profitable businesses. Step by step procedure is very easy to understand and to perform. Entering email address for empire flippers. To receive your website valuation.
FITSMALLBUSINESS
FitSmallBusiness valuates your website in two terms, one is on the basis of your income and second on basis of industry value. And the gives a ballpark idea of websites worth.
WORTH OF WEB
Worth of web platform does not ask you to follow long procedure and add your personal detail, it is very simple and easy to access and get your report just by entering your websites URL. Also, here you can worth of competitors website and easy have a comparison chart!
GODADDY
GoDaddy valuates the domain by looking at historical domain name sales. Godaddy basically uses machine learning and years of real market sales data to create price chart of sales, trades or negotiations. It also gives you rough idea about your domain worth.
SITEWORTHTRAFFIC
SiteWorthTraffic is just same as the WorthOfWeb, it estimates the worth and performance of the website just by its URL. It does not requires any kind of sign up and other information.
SITEPRICE.ORG
This is another free domain appraisal tool that provides websites estimate just by entering the URL.
TIPS FOR SELLING YOUR WEBSITE
After knowing the real worth of your website, the next step is to sell it, but selling is not at all easy, you have searched for a broker who can help you in selling the site on a safe and secure platform.
There are certain steps that you should follow to make sure you get the best deal when it comes to selling your website and business.
THINK ABOUT LONG TERM VALUES
Almost every business value calculation is based on profit. But it does not take into account the longer-term value of your business.
Accept monetary terms, your social media presence or search visibility can be taken into consideration as an additional factor. With this, the continuation of the website could result in more profit and brand awareness eventually resulting in more value.
UNDERSTAND YOUR TARGET MARKET
Just like in other selling and buying activity it is important to know your target market i.e., what they want, what they need, what they can afford and how can you sell it to them. Here, you should hire a professional broker so that it will become easy to sell your website to the buyer who can pay you its real worth because these brokers have experience and contacts and knew well that where and when you can get the right price.
REASEARCH OTHER WEBSITE SALES
If you are selling a website for the very first time then what we suggest is to first have a good research about the selling procedure, contact to website broker, this can make your work easy and reliable in the industry. Later you will be aware of the algorithms of market-related to buying and selling.
GET YOUR WEBSITE IN FRONT OF RIGHT PEOPLE
When selling your website, it is important to know to whom you are handing it over. There are many auction sites are available, but not all offer the same service and not all of them are right for the job. So, if possible then opt for bigger and most popular sites that have a good and long-standing reputation in the market. And if you do not have any clue and idea about auction sites then it is better to contact a broker.
MAKE YOUR WEBSITE BEST BEFORE SELLING
As it is important to remodel a house before selling it, same as that it is important to remodel your website before the sale. Optimize your website from search engine operation to monetization tactics and lead capture strategies. Buyer a bargain if he did not get optimize the site as they can purchase an unoptimized site at a lower rate and can make a profit by putting little effort.
