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If you are planning to buy or sell Website, you’re probably already heard about Flippa. Is the one of the best and the largest market on the Internet to sell and buy Websites. If you want to sell your website/blog and maximize your chances of selling ( and your profit ), the following 10 tips will help you.
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1. Make Sure your Website is making money right now!
This is the most important factor. If you want to sell on the internet site successfully, it is essential to get the money. Even if your site has a huge traffic, and incorporated by monetizing that traffic would be a bad decision. You will be able to sell it, but the money that will be much less than the true value of the site.
If your website is to make $40 or less per month, than forget to sell it right now. Try to improve your site traffic, increase your revenue to at least $250 per month, and make a stable revenue. If your site making $400 from Google AdSense, for example, you could sell for as much as $9,500. Clearly, the more you can grow your revenue before selling it, the better it is. As $400 is just a ball park figure.
Remember that you will need to prove income, and most buyers will calculate the revenue with an average of four or six months.
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2. Make sure that you have the Google Analytics data
The most serious buyers will want to see the data in Google Analytics before submitting a formal offer. These will be used to check the levels of your traffic, and to make sure of a pattern compatible with the revenue you are claiming.
Once again, people will want to see data, at least 3-6 months. If you are planning to sell your website, therefore, it would be wise to install Google Analytics on it by at least 3-6 months from the sale.
3. Work On Your Trust Rating
Each member of the Flippa has a confidence rating, and most buyers check it out before placing their bids. In other words, the highest confidence rating, the higher the chances of selling your website.
As a result, you should take all the measures that will improve your trust rating (for example, connect your Facebook account with Flippa and LinkedIn, check your phone number and so on).
4. Set the time period of the auction for 7 days
In my opinion, seven days is the optimal duration for auction on Flippa. That the length of time you are sure that most buyers will see your auction (for example, those who register during the week and those who log on during the weekend ), but you have to create a sense of urgency to those who are interested.
Many people set the time period of the auction for 30 days maximum, and their own auctions become dead as a result. Many of the interested buyers to refrain from bidding because there is a lot of time to go, and yet others will see in the auction once and then completely forget about it, for the same reason.
5. Set A Low Reserve reserve/high bid
If you set the price of the low end your auction will display the following message:”open bid, has reached the price !”Bright green color. This is a great encouragement to potential buyers, and it motivates them to bid.
And do not worry on sale for less than what you think it is worth. You can always set high minimum bid. Aside from protecting you from bidding low, this strategy also specify the buyers are not serious.
6. Set reasonable BIN price
“Buy It Now”price there for a reason. Should allow for the buyer who is very interested in your website to avoid a bidding war to buy the site and pay what you think it is worth.
The problem is that most sellers have an unrealistic idea about the value of their web sites, and therefore establish BIN crazy prices. This is the postponement of the potential buyers, because it indicates you have no idea about what you are doing. Ask some friends what they think your site is worth, and then determine a reasonable price bin.
7. Do not hoopla Your Description
For more noise you put in your description, the more people think you are in dire need to sell and that your web site is not one solid. Examples of statements should be avoided as follows:“Vast potential!”, “An lifespan chance!”, “My loss is your gain!”.
Second, do not assume what the site can earn. Some people list of sites that make $10 a month for the time being, they go on to say :”This site has the potential to make $5,000 per month easily!”. If you know this for sure you will not be selling the site for such a low price….
8. Must Respond to Each Comment
Even if you write a description and crystal clear and people will still have questions, they’ll ask them through the comment section. It is important to respond to every single comment, as this will only encourage these commentators to display mode, but it will also improve the overall credibility of your auction.
Secondly, do not delete the comment, but if you have a very good reason to do so. Comments are deleted red flags on Flippa, because usually come from vendors in an attempt to hide something on their websites.
9. Have an probable Reason for Selling
One of the first things people will ask you is why you are selling your site. If there is no reasonable cause, and they will rightly assume that the site is going down the hill, and you want to get rid of it before it becomes worthless.
In fact, it would be a good idea to include the reason for the sale and description of the auction itself.
10. Ask for Certified Buyers
If you want to get more bids on your auction, you can invite qualified buyers directly. First of all, browse through the market looking for sites that are similar to yours (either open or auctions won ).
When you find one, and browse through the comments, and try to find users with high confidence rating was asking questions about the auction. These are qualified buyers, and you can send them a letter inviting them to view your auction.
Hope the above tips will help you to make money from your Website by selling your site on Flippa.