Research Other Website Sales
If youve never bought or sold a website before, chances are you wont know how much money is likely to change hands.
Speak to a website broker to find out more about their previous sales of websites in your industry or other comparable businesses. This will give you the most realistic expectations as they are based on real-life experience rather than algorithms and multipliers. Along with prices, you can find out more about what information to include on the listing and what sales tactics to use.
So Do You Really Need A Premium Domain
Premium domains are significantly more expensive, so before you buy one, you should weigh the pros and cons, and see if it is worth getting such a domain. In some cases, a premium domain is definitely worth the money, while in others it may be an unjustified expense and a loss of money.
+ You can get the best possible domain. Whether it was the first one that came to mind, or you chose it after a careful consideration, it is clearly your first choice for a domain name. If this is the case and there are no other factors to affect your decision, you can probably go ahead and buy the domain.
+You can invest in a premium domain. If the estimated value of a particular name is high, it is very likely that some company will want it sooner or later. Many domain investors buy such domains and sell them for profit. This refers to domains that are already considered premium ones, not to random available domains that some people register at the standard price and resell for $70-$80.
+ You can monetize it. If your project will earn you some money, it is justified to spend more on a better domain name. The additional traffic the domain can bring you will likely pay off the higher amount you had to pay for it.
Iâve always thought of premium domain names as Internet beachfront property .Itâs interesting how the value of the top names continues to rise even in era of mobile and a multitude of TLDs. Wild.
Passes The Radio Test
Domain names were invented to make it easier for people to access websites, so its important that your domain is easily understandable. Does the domain sound good? Will people know how to spell it after hearing it? Is it easy to remember? Any confusion that your domain causes will negatively impact how much others are willing to shell out.
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Why Domain Appraisal Is Important
Whether you own a simple blog or a thriving e-commerce site, knowing the value of a domain that you own can make a huge difference should you ever decide to sell. In our increasingly digital world, theres a lot of money to be made by buying and selling domains. There are only so many good addresses to go around. Having a general idea of what your investment is worth can give you the upper hand during negotiations.
If youre ever approached by a person or company that wants to purchase your domain, theyve probably already looked at the hard data and appraised it themselves. The last thing you want to do is put the ball in their court and get ripped off. By knowing how much its worth, you can offer a fair price and negotiate from there.
From a practical standpoint, domain names are simply part of a web address. However, they also play a larger role that extends beyond the confines of the World Wide Web. Businesses rely heavily on domains for advertising and brand identity. The domain is also directly associated with the company and how it does business. You can use this to your advantage and gauge how much interest your domain name really holds with a potential buyer. If the buyer is very serious about making a purchase, your knowledge of the domains worth can help you get the most money possible.
Should You Sell Your Website
If your website has been generating consistent revenue, then it is up to you whether you want to continue that monthly income, or try and cash out for a lump sum payment.
Ultimately, choosing to sell your website is up to you.
If youve been generating consistent revenue, have decreased expenses as much as possible, and optimized your revenue streams, then youre in a solid position to sell.
If this sounds like you, then it could be time to sell your site:
- You feel like your site has reached its potential, both in income and traffic.
- You feel bored with your current site or frustrated that its still taking up your time.
- You want to cash out and move onto other opportunities.
Selling your site should be something youre excited about and not something you feel forced or pressured into.
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Value It Using Similar Domain Sales
One of the simplest and most accurate ways to value a domain name is to look at the sales prices of similar domain names. Platforms like Flippa and DNJournal provide a list of recently sold domain names, along with their final sale price.
Valuing your domain using past sales is a great way to achieve an accurate value, as markets respond quickly to current trends. For example, many LLLL.com domains, which achieve high prices right now, are undervalued using valuation tools such as Estibot and Freevaluator.
There are several factors to keep in mind when you value a domain name using the past sales activity of similar domains:
· Is your domain really similar to the examples youre viewing? Does it have a similar keyword search volume? Does it have a similar average CPC? Theres often a significant difference in search value between similar domain names.
· How active were past auctions for similar domain names? Domain auctions that receive a lot of activity are often for hot domains domains that are related to current trends and have significant short-term value.
· How large is the audience for this domain? Some domains have a broad and significant audience, while others only attract the attention of a small few. If your domain has a large audience, it will likely attract more attention.
How Much Is My Website Worth A Guide To Uncovering A Websites Value
There are many reasons why you might be looking to find out how much your website is worth, and it can be difficult to know where to begin placing a value on it.
And, of course, while the true worth of a website is that which someone is willing to pay for it, you can certainly begin to understand how much you should be able to make if you were to sell your site.
In this guide, we walk you through ways to work out the value of your website, looking at:
What Is Domain Valuation
Domain valuation is the term given to the process of determining a specific URLs value. Its similar to the process of determining a home or companys value, but its not nearly as intensive. The overall value of a specific domain can vary greatly with some domains achieving a seven-figure valuation. Needless to say, the domain name market can be quite lucrative.
As you begin to learn about domain valuation, its important to understand how domains work. Domain names, also sometimes called URLs, are the exact numbers/letters that are typed into an internet browser address bar . Domain names are made up of top-level domains and second-level domains:
- Top-level domains refer to the domain name extension, or the last few letters that come after the . in the domain name .
- Second-level domains refer to the letters/numbers that precede the domain name extension.
In the web address howtostartanllc.com, .com is the top-level domain and howtostartanllc is the second-level domain.
Focusing On Meaningless Stats
Spicing up your listing with impressive statistics is a good way to attract potential buyers. However, be wary of including vanity metrics that dont actually mean much when it comes to business performance.
Be transparent and only offer real statistics, even if they are less impressive. Focus the listing on your business strengths, achievements, and most enticing data. Dont hide the negatives, but make the positives really stand out.
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How Does Domain Name Valuation Work
Domain appraisal can be a lucrative business strategy. Through domain appraisal, you evaluate how much your URL is worth, both for buying and selling purposes, which can increase by seven figures for some URLs, depending on some factors.
But first, what is a domain name? Domain names are what you would type into your internet browser address bar, e.g., or Review42.com. Domain names consist of a top-level domain and a second-level domain:
- Top-level domains are the domain name extension that comes at the end of the URL, after the second-level domain, e.g..com, .co, .net, .org
- Second-level domains are the letters and numbers that mark your websites name and are placed before TLDs, e.g..com or .net. So, in www.review42.com, the second-level domain is Review42.
|NOTE: Domain worth depends on the TLDs used. Certain TLDs go for a higher price than others. There isnt a set rule as to how much you pay or the price of your domain. Check out the best domain name registrars and find out how much your plan will cost you.|
Total Website Worth Of Price Calculated
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Exit Your Online Business
If youve got this far, youre most likely ready to exit your business with clear price expectations and a strategy to ensure you get the maximum sale value possible.
Dont be discouraged if youre still feeling a bit unsure, start with a free business valuation. Weve done the hard work to ensure you can receive an accurate value of your online business.
About Twitter Username Worth
Twitter followers are worth a lot. The Twitter Username Worth checks how many followers a Twitter user has and based on the total of followers it will give you the value of the Twitter Username.
Followers of a Twitter user with a lot of followers are worth more than followers on a Twitter username with very few followers.
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Search For Your Domain Name
The domain registration tool will then search through every single registered domain name to see if its available. Unless you spent some serious time researching your domain name, theres a good chance itll already be taken.
However, you can input different combinations of words and try different top-level domains until you find an available domain.
How To Respond To The Initial Inquiry
There are a couple of things you should do when someone reaches out about buying a domain name.
First, try to qualify the buyer. Is it a big company? A budding entrepreneur? All salespeople try to qualify their buyers to make sure theyre serious and capable of buying what theyre selling. This is no different with domain names.
Second, respond to keep the sale moving forward. There are two ways to do this:
Theres a lot of debate about which approach to take. People usually like the other party to make an initial offer. After all, you dont want to quote a price of $5,000 if the buyer is going to make a starting offer of $10,000!
If the buyer contacted you out of the blue and you havent listed the domain for sale, its fair to ask the buyer to make an offer. You can inform them that you havent thought about selling the domain before, and tell them youre open to offers.
If youve marketed the domain for sale, its probably better to quote a price to open negotiations. But what price should you give?
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How To Calculate What Your Domain Is Worth
The domain name Voice.com sold last year for $30 million. It was an all-time record for a single domain name sale.
While sales for millions of dollars are extremely rare, theres an active market for domain names. Many domain names change hands for thousands of dollars, although some can be worth more.
If you own a handful of domain names you arent using, theres a good chance someone will email you out of the blue asking if youll sell one.
Heres what you should do if you get a request to sell one of your domains.
What Is My Domain Name Worth
Determining the value of a domain name is important when the owner is looking to sell it or when an offer to buy a domain name is received. People regularly ask, what is my domain name worth when trying to understand how much their domain name is worth, and the answer is a bit complicated.
The domain name resale market is a fragmented business. There are many individual owners who have certain price expectations for their domain names. There are quite a few marketplaces and domain sales venues with different sales channels. Millions of dollars worth of domain names are sold privately each year, making values difficult to track.
Domain names sell for prices across the board. Some companies will only pay the registration fee for a domain name, while other companies value domain names into the millions of dollars. Each month, we see hundreds of sales reported in the $2,000 $100,000 range. There are thousands of sales completed for less than $2,000 each month and just a handful of sales in the 6 and 7 figure price range.
The price paid for a domain name depends on the domain owners willingness and interest in selling and the prospective buyers budget. If the buyer and seller can agree to a fair price, a deal can be struck. Prospective domain name buyers need to realize that with good domain names, there are many people and companies who would want to buy a domain name, and the value is likely based on prior offers or the potential of a future sale.
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