Most Commented

Top Money Makers

Subscribe

  • Subscribe

So You’ve Received An Offer For Your Website

Posted by Paul B | January 22, 2008 .

hey Paul,
Quick question for you, as an aside.

You seem to have a lot of experience with building and making money from sites. I’ve been offered $1000 for my site. Any suggestions?

It’s pr3, will make 55$ this month, and is on page 1 of Google for a bunch of push up keywords.

I’ve got a few thoughts on this. Those people who make a living out of flipping websites would probably tell you that this is a great deal. The basic maths most people use is 12*Monthly Earnings to get an approximate value for your website. In this case an offer of around $660 would seem about fair so $1000 is very good. On the other hand this is a very simple way of looking at things.

Is it consistently making $55 or has it grown to make this amount? If your website is on an upwards curve then who knows what it could potentially be making 6-12 months down the line. John Chow is a great example of this, he could have sold his website after monetising it 1 month for $4000, 12 months down the line and he was making $25000+ a month from it.

Secondly the niche. I know your website is trying to compete in one of the most competitive areas on the internet, health and fitness. If you’re getting top 10 Google traffic from related keywords then that automatically adds significant value to your website in my eyes. Not only is their a huge amounts of eyeballs potentially interested in what you’re writing at the moment but there is also the possibility of using your website as a launch pad for related websites*

In summary I’d say that if you need the $1000 then that is pretty good offer. If you don’t need the money but are sure that you could recreate what you’ve already built but better then it’s a pretty good offer. If on the other hand you don’t need the money, would worry about starting over and think that there is the potential for the website to grow (as I do) then I wouldn’t accept it.

Anybody else have any opinions on this?

*I was offered the standard 12X offer for one of my earlier websites once, I didn’t need the money so declined. I used that website to spawn and boost 3 more related websites. Now all 4 are authority websites that bring in more than what I was offered each and every month. Of course they don’t always work out like this but trust goes a long way when ranking your websites.

Social Sharing: These icons link to social bookmarking sites where readers can share and discover new web pages.
  • Digg
  • del.icio.us
  • Netscape
  • StumbleUpon

Related Posts

Posted under Make Money Online | Like this article? Subscribe to our RSS feed

Leave a Comment

If you would like to make a comment, please fill out the form below.

Name (required)

Email (required)

Website

Comments

4 Comments so far
  1. Rome PHILIPPINES Windows XP Mozilla Firefox 2.0.0.11  January 22, 2008 2:01 pm

    I think it has something to do with your domain name. :)

  2. Jackbravo UNITED STATES Windows XP Mozilla Firefox 2.0.0.11  January 22, 2008 11:57 pm

    Hey Paul,
    Man, didn’t think you’d reply in a whole post. I thought about you said. I’ve decided to go through with the sale because I don’t believe I have the work ethic or technical savvy to continue growing the site. It does have potential though.

    Anyway, I went with the quick buck. I guess I’ll see if I regret it or not.

    Thanks for the advice.

  3. Paul B UNITED KINGDOM Windows XP Mozilla Firefox 2.0.0.11  January 23, 2008 10:13 am

    That’s cool, selling a site is a very personal decision.

    Personally I’m very attached to all mine because they’ve got me out of having to have a normal job!

  4. SEO Optimization ITALY Windows XP Mozilla Firefox 2.0.0.11  January 23, 2008 9:02 pm

    Oh i am attached even to those sites I own that don’t make profit actually (for example my mp3playerreviews.net blog which is sitting all alone, maybe I should hire someone).

    In any case, Paul’s advice is great on selling/buying sites, it takes a little bit more analysis (as Paul mentioned to look on the earnings graph).

    SEO Optimization’s last blog post..Google changes, it’s hard to accept mistakes