Summary
- I never recommend selling a website for less than $500. It's important to understand the value of your time and effort.
- You decide how to value your website, especially in a private sale. Most people use the marketplace model which is average profit times a multiplier.
- It's possible to set a high multiplier like 50x, but it's unlikely to get that in a private sale.
- If your website makes less than $500, consider why selling might not be worthwhile. For example, a site making $100 might be valued at $3,000 (using a common multiplier of 30).
- Often, you might have invested more than the selling price in time and resources.
- If your site isn't worth selling yet, keep it and grow it. Websites often increase in value as they gain authority and momentum.
- Don't sell too soon; give your project time to develop before considering a sale.
Video
How To Take Action
I would suggest you think about your website’s worth before selling it. If it makes less than $500, keep it and help it grow. Spend your time making it better. A great way to make your website grow is by adding more cool stuff for people to like and share. This can be as simple as writing new stories, sharing interesting pictures, or making fun videos.
A smart move is to decide how much your website should cost. You can use the average profit times a number, like a multiplier. For example, if your site makes $100 a month, you might value it at $3,000 using a 30x multiplier. But remember, even if a website seems like it’s only worth $3,000 now, it might be worth much more if you wait and improve it.
I would also recommend not rushing into selling. Give your site time to grow and become stronger. Websites can gain authority and value as more people find and trust them. Consider using social media to promote your site, which is often free or low-cost, to bring in new visitors and build your site’s authority.
Overall, take your time. Make your website the best it can be so that one day, if you choose to sell it, it’s worth all your hard work.
Full Transcript
by the way I never recommend selling a site for less than $500 and I'll tell you why in a second how you valuate your website is decided entirely by you with a private sale most people like to follow the marketplace model of average profit times a multiplier you can set a 50x multiplier if you want but you're not likely to get in a private sale the reason I don't recommend selling a site if it's making less than $500 is the following let's say your site is making $100 $100 * $30 equal $3,000 most likely you put in more than $3,000 000 of your time and resources into it now this puts you in an awkward situation you want to charge more because you feel like it's worth more but by using all conventional means of pricing websites it's simply not worth more than $3,000 just hold on to the site and get it to make more before you sell besides websit starts a snowball when you gain Authority don't tap out before you've even really started thanks for watching and remember to subscribe for more videos just like this one
