The ultimate goal for any web site or online business is to be acquired for millions of dollars. Unfortunately, this just isn’t likely for 99.9% of the site and blog owners out there. However, you do always have the option to sell your web site or blog independently through web sites like Flippa, which currently has over 1,000 active daily listings and higher than a 50% sell rate. Many web sites listed on the market place actually end up selling for over 10 to 20 times their monthly earnings.
In this post I’m going to give you three reasons why you should be looking to sell your web site or blog right now!
1.) It’s a Hot Topic and Time to Cash In!
Some web sites and blogs just weren’t made to test the sands of time. I’m talking about sites that go viral just like YouTube videos. Once they are hot they are hot… but then fizzle out to nothing over time. These types of sites can be anything from product reviews of a hot Christmas toys, or a fan site for Rebecca Black and her “Friday” video. The point is… sell when the topic is hot!
2.) Remove the Clutter. Increase Focus & Cash Flow!
There is nothing worse than having hundreds of web sites and ideas, then buying a ton of domains and putting a minimal effort into each. Doing this will not only result in a big annual fee for all of the domains you planned to develop, but you’ve also spread yourself too thin and probably are losing focus on the sites that are really making you money. Make a list of all of your sites that you are no longer working on, lost focus or just want to get rid of. List them individually, or in a bundle pack auction… just get rid of them, cash in on what you can, then gain full focus on what really matters.
3.) It’s Time to Move On!
Sometimes we just have to say good bye. Just like I mentioned above about having great ideas about a new web site idea, the same holds true for losing focus and interest in a site. If you are fortunate enough to have built a web site or blog that you were really interested in, and it has turned into a nice revenue stream, but still requires your attention and time… sell it! You could be looking at a potential 20 to 30 times your monthly earnings.
Don’t forget… most of us are trying to create web sites and businesses online to generate a revenue stream of our own. The goal is to keep ourselves away from a 9 to 5 job, and working on jobs we don’t enjoy. There’s nothing wrong with taking a successful business model and selling it for a big cash pay day. Take your profits and move on to a bigger and better project.
Using these same methods and ideas for creating and selling web sites, I’ve written a new book called “Flip This Web Site: How to Buy, Improve and Sell Web Sites on Flippa“, a complete book and video guide that will walk you through the process of buying and selling web sites, while also showing you how to make flipping under monetized web sites.
This guest post was written by Zac Johnson, an internet marketer with over 15 years of experience, and blogger at ZacJohnson.com and BloggingTips.com. Zac also just wrote a complete guide book on how to make money through web site flipping called, “Flip This Web Site: How to Buy, Improve and Sell Web Sites on Flippa“.