Adventures in Lifestyle Design from a Path Less Traveled
Website Building Update – Week 38
Well, as expected, my “hot streak” is over (for now). It was nice making $450 in one week, but I sort of knew I couldn’t keep it up without more traffic. I’ll eventually make $450 weeks the norm, but it will take some time.
This week was pretty cool, though. I sold this product that costs over $400 and I get a 50% commission on it. The person that bought it did a monthly installment plan, so I get about $50 a month for the next 3 months. Pretty sweet! This makes me want to promote that product more. And just think… I was starting to lose faith in non-clickbank affiliate programs :)
I also cleaned up some websites this week and made them a bit nicer-looking. Hopefully this will help conversions.
Over the past few weeks I’ve been trying to slowly add content to all of my sites. For some reason, this made me feel overwhelmed. So instead I’m going to focus on one site at a time. This seems to be a lesson that I have to learn over and over again: don’t spread yourself too thin.
Question: Has anyone that reads this blog ever sold a website? I really want to know how to do that. More importantly though, how do you determine how much a website is worth? Mark Ling says it would be realistic to sell an AB-type site for 18-48 months of earnings. What would make a website worth 18 months vs. 48 months of earnings? I’m not interested in selling anything just yet, but I might be a few months from now depending on how much my sites are worth…
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From what I heard it’s about 12months of monthly income although the market/buyers will pay the price they think it’s worth.
Is it worthwhile to keep adding contents to your existing sites? The flight simulator one that Mark Ling built during his bootcamp is still the same i.e he’s not adding more articles but focused on building links. And from what i know the sites rank on first page on pretty much every keyword he aimed for.
Hey Clayton,
I would check out the digital point forums website sale section, and just get a feel for how people do it. I haven’t sold any websites yet, but you could put a site up and see if you got any offers. Some of those people are pretty savvy, so if you had a site with good traffic/links/keywords/sales, you might get some good offers.
I’ve been buying high pr domains at digital point and I’ve been happy with all my transactions so far. I’ve also heard Glen from Viperchill.com mention that you can get writers there too. Good luck with it!
Hi Clayton,
Just “peeping” in here to see how you are doing. Another impressive week. Its hard to keep having consistent sales so you should be glad with your results.
I have never sold a site but I bought some from affilorama via the “hangout sections.
You could try that.
I also recall one called sedo.com
Otherwise Digital point and the warrior forum are very active – you might probably get buyers from those forums.
Have a good week!
Regards,
Dennis
Wow, I apologize for neglecting my cheerleading duties! You are doing awesome. I think I am getting a better idea about the hard work you put in. Please keep updating! Your success is extremely motivating.
I think I ignored the “dont spread yourself thin” advice. I have all these random little things I want to get done simultaneously. I am learning that you can be “realistic” and still challenge yourself.
Good luck Clayton!
@Huddson, I’m adding more content to get ranked for more keywords and bring in more traffic (and hopefully more money). Plus, it seems that (according to Market Samurai) Google favors pages with more indexed content.
@Devin and Dennis, thanks for reminding me about Digital Point. It’s been ages since I’ve been there. I totally forgot that they have a section for selling sites. I’ll need to check that out.
@Su, yeah, sometimes it is hard to keep myself from starting new projects, especially when I get really excited about them. I see you’re almost halfway through the 30DC. Good luck with that.
Hi Clayton,
Try to look around at Sitepoint. Here is the url http://marketplace.sitepoint.com/
or flippa.com
Good luck. It’s inspiring to see your progress reports though I’ve not much luck yet.
@Lilian, Thanks for the tips. I’ve been spying on Flippa for a few days now and the results seem to be fairly random. I see sites doing way better than mine going for only a few hundred dollars, then ones that I think are total rubbish going for thousands.
Thanks, but my progress isn’t anything special. It’s just the result of my stubborn hard-headedness (did I mention, I’m a stereotypical Taurus?).
PS: Thanks for linking to my site. Yours is one of the few backlinks I have to this blog :) I’m doing a bit of an experiment with this blog. I’m intentionally doing no SEO at all and comparing the traffic results to my niche sites.
If you’re looking to sell your website and actually get a fair price for it, I’d avoid Digital Point at all costs.
If you know the income of the website you have in mind to sell, then simply use Flippa’s search features and narrow down the results to websites that have sold which mirror your earnings.
If you’ve held onto your website for more than a few months, or can prove a few month’s worth of earnings, I don’t see why you can’t sell it for 12-24x its monthly income.
If you have page rank and steady traffic as well (especially organic/non-paid traffic), then you can very well command top dollar for your website.
Many of the websites that I see selling, even without income, usually have large amounts of monthly traffic, domain age, and page rank to justify such a high selling price.
Super affiliate Ryan Moran has talked a lot about selling site on flippa. You may get something useful in his site/newsletter.
@Yolanda, Thanks for the tips. It gives me a little hope that all my months of toiling will be worth more than $500 when I take them to sell.
@Stefan, Cool, I’ll check it out. Thanks!