3 Tips To Get Top Dollar For Your Website

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3 Tips To Get Top Dollar For Your Website

30 September 2015
 Categories: , Blog

Do you run a blog, ecommerce store, or other website that you wish to sell? The good news is that there are many websites and other outlets that now allow you to list and sell a website just like you would any other asset, such as a vehicle or property. Potential buyers review the listings, analyze any information you provide, and then will enter into negotiations with you if they're interested in making a deal. Of course, the stronger your website's data is, the more likely it is that you'll get better offers. Fortunately, there are steps you can take to make your site more appealing. Here are three steps you can take to find the right buyer and get top dollar for your site:

Test all of your monetization methods. The data you can provide to potential buyers, the more credibility you'll have and the more confidence they'll have in meeting your asking price. One way to build trust is to test a variety of monetization methods so you can show them all of the ways that they can make money from your site. Try advertising on all the major social media sites to see what kind of traffic it brings. Also, experiment with different copy for different ads and even with different images and ad placements. Even if some of these methods don't work, your buyers will value the information as it will give them a clear path on how they can and cannot make money from the site.

Build your email list. If you haven't done so already, install calls to action on your website to gather email data and build your email list. Also, try to start sending email communications to your list on a regular basis so you can build trust and credibility with your list members. Even if you're not making money off the list, that list is still an asset that the buyer will be able to use. They can email that list about affiliate offers or even new products that they will come up with after the sale. A knowledgeable buyer will recognize the value of a solid mailing list.

Find the right buyers. Even if you've done everything right to enhance your site's value, you still need to find a buyer who recognizes that value. Sometimes, on a big listing website, you may get buyers who aren't familiar with your niche or industry, so they can't quite see how potential your site has. While you should use those website sales sites, also consider other methods for finding a buyer. Look at competitor sites and complementary sites in your niche and contact them to see if they're interested. Go offline and look for businesses that may have a brick-and-mortar presence, but aren't reaching their full potential online. They may view your site as a great way to quickly expand their presence. Be creative and you'll likely find the perfect buyer for you.

For more information, contact a website sales broker. They can help you develop a plan to get maximum value for your site.