After your child turned 16 would you sell him? Thats hardly an appropriate question. After you have devoted tons of time, focus, and money to something like an income blog why would you sell it? Even if your site is not currently bringing in a profit for you, there are so many reasons why you still shouldn’t sell it.
Estimated Value
Your site automatically has a value from the moment you buy the domain name. Many people go by the old tried and true method of: your site “…is only worth what someone is willing to pay for it.” Though you may feel like your site is worthless, you would be amazed to know that a site so silly and extraneous as icanhascheezburger.com would actually be worth $1.7 million.
Using tools like dnscoop.com can actually help you determine the current value of your blog or website. A calculator like this uses certain measurements like Alexa Traffic Rank, Google PageRank, Technorati tags, and inbound links to determine the worth of a site.
True Value
Your site’s actual true value is only evident when someone is willing to pay a certain amount for the site. Though the dnscoop calculator may say that SimpleTiger is only worth $1,256, I know that I would not sell it for that because of the value I have invested in it and plan to invest in it.
If someone were to offer me $1,500 for the site, they wouldn’t have a deal. $15,000 on the other hand, then I may be able to work something out. It is really all up to you. If you want to find out real quick how much your site is worth, offer it for sale online at SitePoint and just see what kind of bids you receive. If the bids don’t meet your fancy, then don’t sell the site.
The average value of a site is determined by taking the total amount of profit it yields per year, and multiplying that sum by 3. If your site brings in $1,000 in sales per year, then it is probably worth around $3,000. The thing about this measurement is it doesn’t include the worth for opportunities set forth in owning a certain site. If your site has a particular brand established with it, and even though the site is worth $20,000 it could mean the difference between being in business and being out of business. This would apply if you own an online store or use your site to sell products from your store.
Conclusion
Honestly, if you want to know what your site is worth just ask. Ask people who are actively searching to buy a site and see what they think it is worth. I highly recommend holding on to a site for as long as you can. If you no longer feel like maintaining it, then sell it before you quit maintenance as the value of your site will drop with your will to improve it.
Independent Thoughts
Ideally windows backup software should be updated regularly in order to avoid data recovery failures. With online file sharing the risk always remains. This is why investing in a data recovery program is a good idea. Also, a data recovery group helps a lot as well.
February 9th, 2008 at 10:12 pm
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Thanks