asked in
Website Development & Programming

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.

good points, defo worth thinking about. thank you for taking the time to comment

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.

You can ask for

Site Feedback here anytime :)

Thanks i will look into that again. cheers for the comment:)

You're welcome, Mathew :)

Only you can make this decision.

There are many variables to wanting to know what to do.

cheers for the info. with my middle age brain it may take a while for me to figure this all out:)

Not a problem, Mathew! You can let us know what else you need anytime. All the best :)

See more comments

A big dilema for my website, should I sell it?

A big dilema for my website, should I sell it?

asked in
Website Development & Programming

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.

good points, defo worth thinking about. thank you for taking the time to comment

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.

You can ask for

Site Feedback here anytime :)

Thanks i will look into that again. cheers for the comment:)

You're welcome, Mathew :)

Only you can make this decision.

There are many variables to wanting to know what to do.

cheers for the info. with my middle age brain it may take a while for me to figure this all out:)

Not a problem, Mathew! You can let us know what else you need anytime. All the best :)

See more comments

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asked in
Everything Wordpress

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/

I prefer to make them 500x500 personally.

Thanks for the response I'll try that size. Cheers for message 👍

You're most welcome!

See more comments

Is there a correct image size for images on a blog post?

Is there a correct image size for images on a blog post?

asked in
Everything Wordpress

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/

I prefer to make them 500x500 personally.

Thanks for the response I'll try that size. Cheers for message 👍

You're most welcome!

See more comments

asked in
Everything Wordpress

I am looking to improve my website and just wondered what is the best free website theme here at wealthy affiliate in 2023?

What theme do you use and why do you like it?

if you are looking for something different then why not investigate the full site editing (fse) themes ...
if you are not experienced with themes then maybe not, but you get to design the whole lot- within reason...
and if you want ot go the whole hog then there is a theme creator plugin - where you create your own theme and then can use it on a site...
i tend to use kadence, oceanwp, blocksy or neve....

Great info thank you 👍

Depends of your needs and what you want to do with your website

Generate press , the simple wordpress themes, neve theme are great to start with.

Good luck!

Thank you for the help 👍

Have a great weekend!

Ps
Do not forget to backup your site before switching..
😋

Yes definitely 👍

Have a look at the 7 websites listed on my profile. They are all different but use the same theme. Let me know what you think and I'll give you more information if you like.

Thanks Phil. I will check them out 👍

I use Blocksy Agency, but I also have the GeneratePress premium, Divi, and Oxygen. I tried the Thrive suite, but I wouldn't say I liked it.

The majority here uses the GneratePress.

I test it first before buying in because that can be expensive.

You want to ensure they are responsive, extremely light, fast, well-coded, SEO optimized, flexible, adaptable, and customizable.

You may try GeneratePress or Premium, where you can extend the theme and have many layout templates.

https://generatepress.com/
https://generatepress.com/premium/

https://generateblocks.com/
https://generateblocks.com/pro/

Kadence WP with Kadence blocks

https://www.kadencewp.com/
https://www.kadencewp.com/kadence-blocks/pro/

Blocksy
https://creativethemes.com/blocksy/


I hope this helps.

Thank you for the great information 👍

You're very welcome :)

Have a great weekend 😃

I like GeneratePress. It’s a lightweight theme that loads quickly, and it’s very easy to configure and customize.

Frank

Thank you I will check it out 👍

See more comments

What is the best free website theme?

What is the best free website theme?

asked in
Everything Wordpress

I am looking to improve my website and just wondered what is the best free website theme here at wealthy affiliate in 2023?

What theme do you use and why do you like it?

if you are looking for something different then why not investigate the full site editing (fse) themes ...
if you are not experienced with themes then maybe not, but you get to design the whole lot- within reason...
and if you want ot go the whole hog then there is a theme creator plugin - where you create your own theme and then can use it on a site...
i tend to use kadence, oceanwp, blocksy or neve....

Great info thank you 👍

Depends of your needs and what you want to do with your website

Generate press , the simple wordpress themes, neve theme are great to start with.

Good luck!

Thank you for the help 👍

Have a great weekend!

Ps
Do not forget to backup your site before switching..
😋

Yes definitely 👍

Have a look at the 7 websites listed on my profile. They are all different but use the same theme. Let me know what you think and I'll give you more information if you like.

Thanks Phil. I will check them out 👍

I use Blocksy Agency, but I also have the GeneratePress premium, Divi, and Oxygen. I tried the Thrive suite, but I wouldn't say I liked it.

The majority here uses the GneratePress.

I test it first before buying in because that can be expensive.

You want to ensure they are responsive, extremely light, fast, well-coded, SEO optimized, flexible, adaptable, and customizable.

You may try GeneratePress or Premium, where you can extend the theme and have many layout templates.

https://generatepress.com/
https://generatepress.com/premium/

https://generateblocks.com/
https://generateblocks.com/pro/

Kadence WP with Kadence blocks

https://www.kadencewp.com/
https://www.kadencewp.com/kadence-blocks/pro/

Blocksy
https://creativethemes.com/blocksy/


I hope this helps.

Thank you for the great information 👍

You're very welcome :)

Have a great weekend 😃

I like GeneratePress. It’s a lightweight theme that loads quickly, and it’s very easy to configure and customize.

Frank

Thank you I will check it out 👍

See more comments

asked in
Everything Wordpress

Is there a plugin to do this or is there another way to back up my website?

Its done automatically for you on WA

Site Support takes care of it.

WA backs up your site daily, but I believe in maintaining my own backup: I use All-in-One WP Migration for both backup and restore.

Recently, WA took the decision to blacklist all local backup plugins for reasons of server overload and I understand that decision.

However they whitelisted AIO WP Migration on all my WA hosted websites on request when I made the case that I know what I'm doing and don't abuse it.

I use Site Support…

-Mike

It used to be a plug-in, but as Abie says Site Support now! Look under the help tab above!

Jeff

via site support
https://my.wealthyaffiliate.com/websites/support

thank you for the help

you can request a backup from sitesupport - most of the backup plugins are not allowed to be installed now...

thank you for the advise

Why is that?

Rudy

because it takes too much of the bandwidth - and there are now too many sites being backed up too often...they tend to send all of the data to one of their sites, causing a massive data surge....
if they have control it gives us back the bandwidth....
it is a change to the managed hosting, maybe more coming in the future....
eventually there will be a backup button in sitemanager i hope rather than having to request it...

Totally makes sense. What would make even more sense would be to send out an alert to let us know not to add a backup plugin...grin.

I know...progress not perfection...

Rudy

that would be too organised....i'm sure we will be told in the next 6 months or so...lol

See more comments

What is the best way to back up my wordpress website?

What is the best way to back up my wordpress website?

asked in
Everything Wordpress

Is there a plugin to do this or is there another way to back up my website?

Its done automatically for you on WA

Site Support takes care of it.

WA backs up your site daily, but I believe in maintaining my own backup: I use All-in-One WP Migration for both backup and restore.

Recently, WA took the decision to blacklist all local backup plugins for reasons of server overload and I understand that decision.

However they whitelisted AIO WP Migration on all my WA hosted websites on request when I made the case that I know what I'm doing and don't abuse it.

I use Site Support…

-Mike

It used to be a plug-in, but as Abie says Site Support now! Look under the help tab above!

Jeff

via site support
https://my.wealthyaffiliate.com/websites/support

thank you for the help

you can request a backup from sitesupport - most of the backup plugins are not allowed to be installed now...

thank you for the advise

Why is that?

Rudy

because it takes too much of the bandwidth - and there are now too many sites being backed up too often...they tend to send all of the data to one of their sites, causing a massive data surge....
if they have control it gives us back the bandwidth....
it is a change to the managed hosting, maybe more coming in the future....
eventually there will be a backup button in sitemanager i hope rather than having to request it...

Totally makes sense. What would make even more sense would be to send out an alert to let us know not to add a backup plugin...grin.

I know...progress not perfection...

Rudy

that would be too organised....i'm sure we will be told in the next 6 months or so...lol

See more comments

asked in
Getting Started

I have sent a few submission ticket but I am not getting any response about this problem

I tried to re sign up to premium but not sure what the problem is?

Is th

You’re currently showing as premium.

It would be best if you waited for correspondence via Billing; there's little we can do from here. I appreciate your understanding.

Re sign up issues ? urgent

Re sign up issues ? urgent

asked in
Getting Started

I have sent a few submission ticket but I am not getting any response about this problem

I tried to re sign up to premium but not sure what the problem is?

Is th

You’re currently showing as premium.

It would be best if you waited for correspondence via Billing; there's little we can do from here. I appreciate your understanding.

Login
Create Your Free Wealthy Affiliate Account Today!
icon
4-Steps to Success Class
icon
One Profit Ready Website
icon
Market Research & Analysis Tools
icon
Millionaire Mentorship
icon
Core “Business Start Up” Training