Just How Your Internet Site Should Aid Your Selling
The ebizbrokers site is quoting a price for an ecommerce site with a product line to sell. There are many people that specalize in internet real estate, and its a booming business. Yaro is a serial entrepreneur, blogger, podcaster and digital nomad. Sign up for Yaro’s free online workshop, The Platform Launch Plan, to learn how to start your own online business. They will also be the most excited about the prospect because most likely they already sell to the same target market and you will be bringing them a lot of potential new customers.
Practical Ecommerce is an independent, family-owned, online magazine in Traverse City, Michigan, U. S. We are not affiliated with any e-commerce service, platform, or provider. Our mission is to publish authoritative articles, commentary, webinars, and podcasts to help online merchants. Sedo — “Search Engine for Domain Offers” — is a platform for the professional trading of domain names.
Once you have decided a rough figure you would be happy with you can head out and find buyers and see how much demand there is. With my 2-3 times revenue figure firmly planted in my mind as a goal to work for I went off to find a buyer. I made available direct access to my log files with a statistics package like Awstats or Webalizer so serious buyers could get a good grasp on my site’s performance. In my case my website operated in an industry and had a target market that would be hard to extract much more revenue beyond what I already was getting from advertising. Yes it certainly was possible, but it would take a new income stream to make significant gains. My website operated in a small niche that would not present me with a lot of buyers – but you won’t really know demand until you try and sell of course.
I have also found no better place than Sitepoint to sell sites. DonÃ¢â‚¬â„¢t believe your own hype Ã¢â‚¬â€œ a serious buyer certainly will not. DonÃ¢â‚¬â„¢t waste your breath telling a buyer a website could be worth millions in a short period of time. Most serious website buyers will not pay for promise Ã¢â‚¬â€œ unless their analysis indicates promise.
It is not smart to assume you will sell your website fast, for all cash and for full price. Plan on being flexible somewhere and also plan on negotiating with any serious buyer. As a seller I would want to add in some projected future revenue/earnings potential under the argument that the future money-making potential would grow.
There are also free and low-cost boards for buyers and sellers to find each other, perform due diligence, and complete the transaction on their own. Unlike the physical world where you compete with stores in a five to 10-mile radius, online your potential customers will have endless options at their fingertips.