Selling Your Blogs For Profit
November 5th, 2007 Posted in UncategorizedSometimes people find themselves in desperate need of money. Before you decide to turn to family members or even worse your bank, you may want to take another glance at that blog of yours. If it’s making a decent monthly profit, chances are that you might be eligible to recieve an immediate lump payment. Have no idea what im talking about? Read on.
Your Blog Is A Gold Mine (In More Than One Way)
If your blog is bringing a decent amount of cash your way ($200+ monthly), it is a gold mine in more than one respect. What do I mean? Well, you can choose to build upon it’s success and continue bringing more and more money your way, or you can cash it out for one large payment. If you are not in a huge desperation for money, I would stick with building upon it’s success. Otherwise, cashing it out is always an option.
It’s Not What You Think
Many bloggers seem to think that selling blogs is counter-productive. Why? For one, they believe that the blog needs to have some major traffic and bring in a massive flow of cash. This is NOT the case with selling blogs. If you don’t believe me, check out Blogging Fingers which recently sold for $6,000. At it’s financial peak in September, it earned nearly $400 with 10,000 unique visitors. Not bad after only 5 months of operation.
Now That You’re Convinced
So, now you want to sell your blog. Let me warn you. Do as much research as you can before starting an auction. If you don’t, you may undervalue your blog and miss out on loads of cash. Check to see how much blogs in your niche are going for and how they compare to yours (in terms of traffic, PR, Alexa Ranking, RSS subscribers, Income, etc). Once you’ve done this, you should be able to determine a fair price for your blog and get it up for sale.
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