hey, wonderful community
I would like some thoughts and comments please on the big question about my website, which is should I sell it?
The main reason is that
Hello Matthew
It is probably better to sell your website or pass it on to someone else.
It is always best to work in a niche you a passionate about and if you are no longer interested in your niche you should move on to something else.
Selling a website can be tricky especially with how things are now regarding all the new Google updates. Websites are valuated and sold based on the amount of traffic they get and the amount of money they make.
If you have a low traffic and little to no income from your website it will be hard to sell and you are best passing it along to someone else who is interested in it
What is the niche of your website? If it is a niche I'm passionate about I may be interested in taking the website off your hands. I hope this helps you and makes sense and I hope this gives you the answers you were looking for.
I wish you good luck and please feel free to reach out if you have any other questions or if you need any further help or advice. All the best to your success.
Regards
Timothy
Hello, I've asked the same some time ago, but then decided to wait the changes with Google this year, and because of the traffic drop last fall. It might pick back up,and thus be worth more. But I'm still adding one blog post per week at least, to keep it "alive"
Lizzy
hey, thanks for the message. I have been posting frequently too while I make my decision about it.
Easier said than done, nobody will buy it if it generates no income. But definitely get rid of it if you can. I have deleted quite a few of that type, one had 350 posts.
I guess a question you can ask yourself: is the website valuable, can you make a profit, or are you simply cutting your losses?
Rusy
thanks for the thought. great question is my site valuable to me? I guess only I can answer that:)
What I mean is, will tou make any money selling it, or do tou just want to get rid of it.
The value is all relative. If its personal, than keep it for a while. If you think you could earn some money by selling it, then sell it.
Rudy
If I were you, I'd certainly explore the possibility of selling the site and making a fresh start on a new niche to rekindle your passion. The problem you'll run into is that site valuation is largely based on how much income the site is making, rather than its potential, age or amount of content.
Yes, I did think that.
That is why I decided to ask the questions before I make any rash decision.
Thank you you for your ideas and thoughts phil. 👍
You're welcome, Matthew. Nothing wrong with listing the site with a broker and see what happens.
Hi - it would probably be difficult to sell a site while the current Google algorithm update is ongoing, as your stats might not reflect the true level of traffic and income for the next couple of months.
You're welcome, typically, you would be expected to show proof of traffic and income for the last 6 to 12 months and could expect to receive between 20x and 30x your monthly profit.
So, for example, if you were making $100 per month, it could be worth a minimum of $2000.
Minus any commission or listing fee charged by the selling site.
Only you can make this decision.
There are many variables to wanting to know what to do. Strategies for Selling Websites & Domains
cheers for the info. with my middle age brain it may take a while for me to figure this all out:)
See more comments
A big dilema for my website, should I sell it?
hey, wonderful community
I would like some thoughts and comments please on the big question about my website, which is should I sell it?
The main reason is that
Hey Matthew,
Pretty much what Phil and Diane have said.
Most sites are sold nowadays based on a multiple of monthly income.
However, the "fantastic" figures you hear about, typically 40-60 times monthly income are typically for sites earning 5-7 figures per month.
So, the vast majority of sites, e.g. 3-4 figure monthly income will have much lower multiples.
A website without income, regardless of how much content, it will be difficult to get more than mid-3 figures.
Furthermore, as Diane has said, we are currently going through a round of spam and Core algorithm updates, so expect rankings and traffic to be extremely volatile for at least the next month.
This also means that most buyers will want to wait out this period just to ensure that a potential purchase hasn't been "hit" in one of these updates.
I will also say that multiples for website sales have come down even more over the last 6 months simply due to all the search engine volatility.
In fact, it may even be quite difficult to sell a 3-figure monthly income website for more than 10-12 times that income, in the current climate.
The only other thing, but this really depends on how "big" your overall business is, but most "professional" SEOs will keep building websites in broad niches in order to use them for backlinks to their "real websites".
That being said, this requires a lot of experience and know-how, such as hosting all websites on different hosting platforms, using different IP addresses, basically not leaving an online footprint that these are ALL "one person's" sites.
This is why Private Blog Networks (PBNs) and Private Blog Portfolios can still be very successful in 2024 and beyond in terms of backlinks (as long as you hide your online footprint).
Basically, a website that has been around for a while can always be "useful" in multiple ways.
Partha
Hello Matthew
It is probably better to sell your website or pass it on to someone else.
It is always best to work in a niche you a passionate about and if you are no longer interested in your niche you should move on to something else.
Selling a website can be tricky especially with how things are now regarding all the new Google updates. Websites are valuated and sold based on the amount of traffic they get and the amount of money they make.
If you have a low traffic and little to no income from your website it will be hard to sell and you are best passing it along to someone else who is interested in it
What is the niche of your website? If it is a niche I'm passionate about I may be interested in taking the website off your hands. I hope this helps you and makes sense and I hope this gives you the answers you were looking for.
I wish you good luck and please feel free to reach out if you have any other questions or if you need any further help or advice. All the best to your success.
Regards
Timothy
Hello, I've asked the same some time ago, but then decided to wait the changes with Google this year, and because of the traffic drop last fall. It might pick back up,and thus be worth more. But I'm still adding one blog post per week at least, to keep it "alive"
Lizzy
hey, thanks for the message. I have been posting frequently too while I make my decision about it.
Easier said than done, nobody will buy it if it generates no income. But definitely get rid of it if you can. I have deleted quite a few of that type, one had 350 posts.
I guess a question you can ask yourself: is the website valuable, can you make a profit, or are you simply cutting your losses?
Rusy
thanks for the thought. great question is my site valuable to me? I guess only I can answer that:)
What I mean is, will tou make any money selling it, or do tou just want to get rid of it.
The value is all relative. If its personal, than keep it for a while. If you think you could earn some money by selling it, then sell it.
Rudy
If I were you, I'd certainly explore the possibility of selling the site and making a fresh start on a new niche to rekindle your passion. The problem you'll run into is that site valuation is largely based on how much income the site is making, rather than its potential, age or amount of content.
Yes, I did think that.
That is why I decided to ask the questions before I make any rash decision.
Thank you you for your ideas and thoughts phil. 👍
You're welcome, Matthew. Nothing wrong with listing the site with a broker and see what happens.
Hi - it would probably be difficult to sell a site while the current Google algorithm update is ongoing, as your stats might not reflect the true level of traffic and income for the next couple of months.
You're welcome, typically, you would be expected to show proof of traffic and income for the last 6 to 12 months and could expect to receive between 20x and 30x your monthly profit.
So, for example, if you were making $100 per month, it could be worth a minimum of $2000.
Minus any commission or listing fee charged by the selling site.
Only you can make this decision.
There are many variables to wanting to know what to do. Strategies for Selling Websites & Domains
cheers for the info. with my middle age brain it may take a while for me to figure this all out:)
See more comments
Hey, everybody
I was just wondering if there is a best size for images on a blog posts
to improve speed loading time, for visitors to my website?
Hey Matthew,
If you do decide to use WEBP format for your images (the do load a LOT faster!) make sure that your FEATURED image is in jpg format so that social media accounts will display your image.
I made the mistake of replacing ALL my images with WEBP format and none of the social media accounts liked my featured images in that format.
Learning the hard way, I like to let others know ahead of time.
Hope you find this helpful.
You may also like to consider changing the format to WebP.
https://wordpress.org/plugins/imagify/
See more comments
Is there a correct image size for images on a blog post?
Hey, everybody
I was just wondering if there is a best size for images on a blog posts
to improve speed loading time, for visitors to my website?
Hey Matthew,
If you do decide to use WEBP format for your images (the do load a LOT faster!) make sure that your FEATURED image is in jpg format so that social media accounts will display your image.
I made the mistake of replacing ALL my images with WEBP format and none of the social media accounts liked my featured images in that format.
Learning the hard way, I like to let others know ahead of time.
Hope you find this helpful.
You may also like to consider changing the format to WebP.
https://wordpress.org/plugins/imagify/
See more comments
Hey Matthew,
Pretty much what Phil and Diane have said.
Most sites are sold nowadays based on a multiple of monthly income.
However, the "fantastic" figures you hear about, typically 40-60 times monthly income are typically for sites earning 5-7 figures per month.
So, the vast majority of sites, e.g. 3-4 figure monthly income will have much lower multiples.
A website without income, regardless of how much content, it will be difficult to get more than mid-3 figures.
Furthermore, as Diane has said, we are currently going through a round of spam and Core algorithm updates, so expect rankings and traffic to be extremely volatile for at least the next month.
This also means that most buyers will want to wait out this period just to ensure that a potential purchase hasn't been "hit" in one of these updates.
I will also say that multiples for website sales have come down even more over the last 6 months simply due to all the search engine volatility.
In fact, it may even be quite difficult to sell a 3-figure monthly income website for more than 10-12 times that income, in the current climate.
The only other thing, but this really depends on how "big" your overall business is, but most "professional" SEOs will keep building websites in broad niches in order to use them for backlinks to their "real websites".
That being said, this requires a lot of experience and know-how, such as hosting all websites on different hosting platforms, using different IP addresses, basically not leaving an online footprint that these are ALL "one person's" sites.
This is why Private Blog Networks (PBNs) and Private Blog Portfolios can still be very successful in 2024 and beyond in terms of backlinks (as long as you hide your online footprint).
Basically, a website that has been around for a while can always be "useful" in multiple ways.
Partha