subject: Selling Your Website [print this page] When it comes to the decision of where you will sell your website, there are a lot of different factors that you should think about. Currently there are many different marketplaces online geared to buying and selling of websites and the trick is finding the one that is the right fit for you. When it comes down to flipping websites, you will need to do your research and find the ones that offer the advantages you will most benefit from. While buying is an indispensable part of website flipping, the profit lies in the selling, and that is what this article will concentrate on. Here are a few things to look for when deciding where you will list your website for sale.
1.Buyer Traffic The site should have a reputation for high buyer traffic in order to save you having to advertise in low traffic markets. Saving money on advertising is a way to ensure the highest profit margin for your website flipping business.
2.Functionality of Marketplace Your time is valuable, and should not be spent navigating a site that is not user friendly. The daily time consumed because of a marketplaces poor functionality, cost more than the effort is worth.
3.Listing Fees and extra Cost Once again cheap is not better in the long run. Low initial cost may be attractive, but the extras, may prove more than you want to pay. Look closely at the fee structures and choose one that makes the most sense cost wise. Paying more up front can save more down the road as you flip more websites on the marketplace.
4.Level of Qualified Competition You want to choose a site where you will stand out and not get lost in the crowd of sellers competing in the same market niche. Website flipping is a competitive arena, and being one of many requires you to be the one that is selling something different than the others.
5.Inexperienced Customers Your object is to find buyers who are not aware of the intricacies of the market you are advertising on; not knowing the ins and outs means a buyer is willing to pay more for a website, than one who has been doing online business dealings for a long time. These inexperienced people are not being cheated; they are simply willing to pay more for what they consider a bargain. Your bottom line is flipping websites for the most money, and they provide the best market.
It may sometimes be hard to sell your website as you spent a lot of time marketing it, building up content and just spending a lot of time building it up, but if you decide to sell it finding the right site to sell it on can help you find the right buyer.
