When you scan through the listings of sites for sale, you’ll often see some …. ummm … unique if not downright comical reasons that people give for wanting to sell their site or internet business. In fact, can you remember the last time someone listed their reason for sale as it being the “best strategic move to make”? Neither can I.
This could give the false impression that you need a reason to decide to sell, like something has to go wrong first, but if you’ve owned and operated a site for a long enough then knowing when to sell can actually work massively in your favour.
Today’s blog post is by Mark Collier of DropMining.com. I love his insights into Flippa’s sales data, and hope you appreciate it as well!
Over the last several months I’ve been busy annoying the Flippa tech team gathering data on over 6,500 Flippa sales as part of a comprehensive study to determine what influences the value of a website and it’s sale price on Flippa.
My core goal was to develop a reliable website valuation model but additionally I wanted to delve into the data and answer some of the questions you might have about website flipping and selling on Flippa in general.
Note: this study was independent of Flippa, in fact they weren’t even aware I was conducting it and thus all findings are my own.
I looked at 52 potential influencers of a website’s sale price; mostly the data Flippa provides with their listings as well as some of my own.
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