Essentially, I use my internet to find bloggers who no longer want to blog.
Heres what you oughta know about buying and selling blogs and websites.
How Much is My Website Worth?
Blogs and other sites typically sell for about 12 times their monthly income.
This number certainly has some wiggle room.
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This varying scale is consistent with my experience.
So, if youre reading this and arentmaking money from your blogyet, dont underestimate its worth.
Someone still might want to buy it.
Just like houses and apartment buildings, online real estate comes down to location, location, location.
Either out of emotional attachment or the potential they see with it, says J.
Money, the blogger behind popular personal finance siteBudgets Are Sexy.
If you blog, youre likely nodding along with his statement.
My primary website is like my baby!
Selling it would be extremely difficult because I place such a high emotional value on it.
Online buyers usually come in two types.
A financial buyer is looking to get a return on their investment.
A strategic buyer is looking to acquire a business that adds to their existing business.
Theyre looking for a one plus one equals three situation.
How to Buy a Website or Blog
1.
I would recommend only buying an additional blog once you learn how to make money from your own blog.
Tweet out a message saying youre looking to add a blog to your portfolio.
Check blogs you regularly read to see if one of them has a big delay in posting.
If you are interested in selling your site, I would be interested in buying it.
you’re free to also look on websites likeFlippa, which regularly sells online properties and domain names.
Research the Sites Value
Got a bite or two?
see to it to do your due diligence.
If youre buying independently, ask the blogger to prove their income and traffic using screen shots.
Regardless, always ask for second and third opinions from friends in the same niche or industry.
More experienced bloggers will be able to look at a sites metrics and ascertain if theyre legitimate.
They can also help you brainstorm ways to improve the site and get more income.
Flippa also provides a service where you might pay for a professional review of the site before buying it.
I recommend using escrow.
When you buy independently,always have a contract.
Transfer Ownership
Actually taking over the web property might include moving servers and transferring domain names.
I usediMark Interactiveto help me with the technical side of my website purchases.
If you dont have any monthly income, calculate what you spent on the sites design.
Even if you dont make an income from your blog, it could still have value.
You may be able to find a buyer within your web connection.
See the buy section for more details on how to finalize the deal.
Here are a few case studies to illustrate the process and the profits.
Since I acquired the site, I have had total gross sales of $12,089.50.
My top tip for readers is to look for a website that has potential, says Michelle.
Could You Buy or Sell a Site?
Catherine Alford is a full time blogger, personal finance freelance writer, and mom of newborn twins.
It sounds appealing right?
Check it out here!
