AFFILIATE MARKETING
The Ultimate Guide To Selling Your Blog For Profit
There’s a lot of money to be made in the blogging world; whether you’re a small blogger who makes money selling digital products or the owner of a high-trafficked blog that earns through affiliate programs and ads, there is something for everyone.
But as a blog owner, have you ever considered selling your blog?
Selling your blog can be a great way to earn a significant amount of money, especially if it is properly monetized. You can use the money to invest in another business or just give yourself a new start.
This article is here to provide you with all the information you need about selling your blog and how you can get the best price.
How much can you sell your blog for?
Identifying your blog’s worth is the first step in selling it. While there are no standard formulas for calculating a blog’s value, some basic guidelines can help you determine how much your site is worth.
The most basic measure of a blog’s value is its traffic. The more visitors your blog gets, the more valuable it is.
For example, suppose you have a blog that gets 500 visitors per day and another that gets 2,000 visitors per day. In that case, the latter is obviously worth more money than the former, even though both blogs may have similar designs and content quality.
Another way to determine this is by looking at how much money you make with your blog. If you’re making $1,000 per month, then it might be worth $12,000 or more. However, If you’re only making $50 per month (after years of working hard on your blog), then maybe it isn’t worth much.
Once you’ve figured out these two, it will be easier to understand the value of your blog. Of course, keep in mind there are other things to look at too, such as DR, domain age, niche, and audience.
Why should you sell your blog?
Selling your blog is a big step, and hanging on to it for as long as possible can be tempting. But there are some good reasons why you might want to sell your blog.
Here are a few reasons why:
1. You can earn money from an asset that’s currently not producing any income. Even if your site doesn’t generate much traffic now, it may still be worth something because of its potential value in the future.
2. You can achieve financial freedom sooner than expected by investing money in another business.
3. Selling a blog can take away the daily grind of running a website and let you focus on other things in life.
4. If you’re in a time crunch, selling your blog can help you get out of debt or fund an emergency expense.
If any of these apply to you, it’s best to sell your blog while it has some value in the online market.
Where to buy and sell blogs
The market for buying and selling blogs is large, with hundreds of websites offering their services. However, not all of them are worth using. Here are four great options for selling your blog:
Flippa
Flippa is one of the most popular sites for buying and selling websites. The platform has sold thousands of websites across all industries and provides a safe, secure, and easy way to buy or sell websites.
EmpireFlippers
Go Daddy Domain Auction
GoDaddy domain auction is a self-service, online auction platform where you can list your domain names for sale. You can list your domains in a variety of categories, including “Buy Now,” “Make an Offer,” and “Auction.” It’s worth noting that GoDaddy charges sellers a small membership fee for using its selling service.
Motion Invest
Motion Invest is an online marketplace for buying and selling websites. It allows sellers to list their sites for sale and buyers to search for sites that meet their needs. The platform offers a 0% listing fee, so if you want to sell a blog and stay on budget, Motion Invest is a good option.
The process of selling your blog
There is a lot of pressure involved in selling your blog. You’ve probably spent years building it, and now you need to find a buyer. Follow these steps, and you’ll be able to sell your blog for a good price.
Step 1: Make sure your blog is ready for sale
The first step to selling your website is to ensure it’s ready for sale. This means getting rid of personal information and ensuring the design is clean, professional, and easy to use. Also, check that your site has no broken links or other technical flaws that might turn off buyers.
Step 2: Determine the value of your blog
Before you start looking for buyers, determine whether your blog is worth selling in the first place. This means you’ll need to make sure that it’s generating enough revenue for its age, has a good number of visitors per month, and has a solid reputation in the niche.
Step 3: Decide how you want to sell it
There are several options for selling a blog, including selling directly to another blogger or using a third-party website such as Flippa or Empire Flippers that specializes in this type of transaction. Each option has pros and cons, so think carefully before deciding.
Step 4: Set a price range
Selling a blog is like selling any other business. You should set a price range to see what kind of offers you get, but also make sure your blog is worth what you are asking. When setting a price range, consider how much time you’ve spent building the site and what it would cost to build an equivalent website from scratch today.
Step 5: Make it easy for buyers
Put together a detailed guide on how to buy the blog and what the buyer needs to know before buying it. This will help eliminate any confusion from buyers interested in purchasing your site and help them make an informed decision about whether or not they should go ahead and purchase.
Step 6: Know your buyer
Many bloggers who want to sell their blogs don’t realize buyers look for more than just traffic numbers and social media followers when they buy a blog. A large audience doesn’t mean anything if the traffic can’t be converted into sales or leads, so make sure that you have a plan in place to convert visitors into subscribers before listing your site online
Step 7: Close the deal
Once you’ve found someone who wants to buy your site, it’s time to start thinking about closing the deal. This is where things get complicated. There are all sorts of documents that need to be signed and hoops to jump through for everything to go smoothly on both sides.
What to do when you receive an offer
- Before committing to anything, take your time and understand what’s being offered and what happens next.
- If your buyer has already sent over a purchase agreement, read it carefully and make sure everything is spelled out clearly.
- Ensure you’re familiar with any contingencies in the seller’s contract (i.e., conditions that must be met before closing takes place).
- Set up an escrow account for payment. An escrow service holds on to your money until all of the terms have been met by both parties involved in the transaction.
- After you’ve agreed on a price for your blog, you and your buyer will sign some documents that finalize the sale. These include a contract between both parties and a deed transferring ownership of the blog from one person/entity (you) to another (your buyer).
- Once all of these papers have been signed and ownership has been transferred. It’s finally time for the buyer to approve the domain on escrow and send the payment to your bank account.
How to create a blog and sell it from scratch
Don’t have a blog to sell yet? Here’s what to do if you’re starting from zero.
Target the most profitable niche
The first step to building a blog is choosing a niche. To find a profitable niche, start by looking at other popular blogs that are already established in your desired field. What kinds of topics do they cover? What kinds of problems do they solve for their readers? How could you create something similar but different enough to be unique and valuable?
Once you have an idea of what niche you want to target, try searching Google Trends to see how popular the topic is with people online right now. The more searches related to a given topic, the more potential there is for making money from it.
Write high-quality content
The most important aspect of any blog is the content. Without it, your blog will not be as successful as you want it to be. This doesn’t mean you need to be a professional writer, but it does mean you need to write articles that are interesting, informative, and useful.
In order for people to want to click on your links, they need to trust you first. That’s why you need to create an image of yourself as an expert in your niche. You can do this by consistently publishing high-quality content that demonstrates your expertise and helps readers solve their problems.
Also, you need to pay close attention to grammar and spelling; only then can you expect your readers to take you seriously.
Get traffic
To attract organic traffic, you need to make sure that people can easily find your blog when they search Google or other search engines. This means having a good title tag, meta description, and content that is relevant to your target keywords.
Also, you can use social media like Facebook and Twitter. These sites allow you to post links directly from your blog so that people can see what you’re writing about in real-time.
Try using Google Analytics to track how many people visit your site daily, weekly, or monthly. This will give you an idea of your post’s popularity and help you determine what type of content works best for attracting new readers.
Monetize your blog
When it comes to monetizing your blog, there are many different ways you can do it. The most common way is through affiliate marketing, which means you promote other people’s products and earn a commission when someone buys something through your link.
Other options include Google ads, courses, e-books, and selling products. The best way is to combine different monetization strategies.
Consider buying and selling other blogs for profit
Another great way you can earn money with blogs is through blog flipping. But what exactly is blog flipping? Blog flipping is the process of buying a blog with existing content and then shaping it into something more profitable.
The idea behind blog flipping is to purchase a blog that has an established readership and turn it into a money-making asset. You can find blogs that have been neglected by their previous owners, which means they may be available at a relatively low cost.
Once you’ve purchased the site, you’ll need to fix any technical issues (such as broken links), update outdated content, add new content and then promote it through social media channels and search engines.
If you’re able to transform the site into something that generates income from ads or affiliate marketing commissions, then it will be worth more than what you paid for it.
The best part about blog flipping is that you don’t need any prior experience; all you need is an entrepreneurial mindset, some cash in your bank account, and some basic web knowledge.
Wrapping it up
It’s important to remember that selling your blog can be a rewarding experience but also a lot of work. You need to know what you want out of the sale and go about getting it accordingly.
You’ll need to do some research to find the right buyer and then prove to them that your blog is worth buying. But once you’ve gone through all the effort, selling your blog can be highly profitable.
Guest Author: Author and the founder of Blogituplife, Shama Shafiq, writes about blogging and marketing on her blog. Her goal with her blog is to help beginner bloggers who need step-by-step guidance.
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AFFILIATE MARKETING
Nvidia CEO Jensen Huang: Demand For Blackwell AI Is Insane
In May, Nvidia CEO Jensen Huang said that “the next industrial revolution has begun,” and AI will drive “significant productivity gains.” It looks like he’s right — industry demand for Nvidia’s next-generation AI chip, Blackwell, is through the roof.
“Blackwell is in full production, Blackwell is as planned, and the demand for Blackwell is insane,” Huang told CNBC on Thursday. “Everybody wants to have the most, and everybody wants to be first.”
Related: Nvidia CEO Jensen Huang’s Biggest Worry Shows that Success Has a Downside
Nvidia first announced Blackwell in March and stated that it was the most powerful AI chip in the world with advanced security capabilities, better performance, and more memory. The biggest names in AI, including OpenAI, Microsoft, Meta, Amazon, and Google, will use Blackwell to power their AI efforts.
Nvidia CEO Jensen Huang displays the new Blackwell GPU chip, left, and the Hopper GPU chip, right, in March 2024. Photographer: David Paul Morris/Bloomberg via Getty Images
“There is currently nothing better than NVIDIA hardware for AI,” Tesla and xAI CEO Elon Musk stated, at the time.
Since the initial announcement, Blackwell has hit a few snags in production, leading to delays. Nvidia CFO Colette Kress said in late August that the company has fixed the issue and expects to ship “several billion dollars” worth of the chip in the fourth quarter of 2024.
Related: Nvidia’s Immense Market Power Is Worrying Investors — Here’s Why
The chip costs between $30,000 to $40,000 and took $10 billion to develop.
Huang said that Nvidia has updated its platform significantly with Blackwell, and intends to continue updating it. Nvidia has increased performance by two to three times from its 2022 Hopper chip to its Blackwell chip, which Huang says increases revenue for Nvidia’s customers by two to three times.
“What we’re looking at now is the beginning of the next wave of AI, the biggest wave of AI,” Huang told CNBC. “This is really about companies around the world using AI to be more productive as their digital employees and AI agents and co-pilots and however people describe them, as well as using AI, generative AI, to revolutionize the way they build their products and the products they build.”
Huang said last month that intense demand for Nvidia’s technology and software keeps him up at night. On Wednesday, Nvidia partnered with Accenture to train 30,000 of Accenture’s employees on Nvidia’s technology.
AFFILIATE MARKETING
5 Work Ethic Lessons Entrepreneurs Can Learn From Elite Athletes
Opinions expressed by Entrepreneur contributors are their own.
Anyone who has found success as an athlete will tell you that sport teaches lessons that go far beyond the playing field. If you’re looking to succeed in the competitive business environment, there may be no better models than champion athletes. What is it that allows these individuals to achieve greatness? What makes someone a winner? There’s not a single answer. Rather, it’s a combination of things. We’re sharing five of them here. If you follow these lessons, you’ll be poised for a championship in the business world.
Related: 4 Productivity Tips from Extreme Athletes That Will Make Your Business Stronger
Show supreme confidence
Champions have a robust belief in themselves and their ability to succeed. Importantly, this does not mean they expect the journey to be easy. Most things worth having require tremendous effort. Champion athletes devote “blood, sweat and tears” in pursuit of excellence, and they’re willing to make the sacrifice because they know it will pay off. Self-doubters abandon the journey when it gets too hard or when they encounter a few obstacles. Champions persevere because they believe in themselves to the core. This stout self-confidence becomes self-fulfilling. When you fully believe you’ll win if you keep on grinding, you’ll out-grind your less confident competitors. Supreme confidence leads to supreme effort, and supreme effort leads to success.
Like a champion athlete, a winning entrepreneur stays committed when things are tough. Tomorrow’s industry leaders are those who will continue to refine their current pitches and marketing strategies as many times as it takes to reach a breakthrough. They will not be deterred by rejection but rather will learn from it, make adjustments, and come back stronger. This willingness to learn and improve, in fact, is another defining feature of champions.
Always look to improve
Champion athletes, while supremely confident, also possess enough humility to know they always have room to learn and grow. When they take a loss, they review the game film to identify the mistakes they’ve made and see where they need to adjust for the next time. Even when they win, they look at what they could have done better. They also seek input from others. When a coach points out a flaw in their technique, they’re receptive to the feedback and incorporate it into their training. They also look to teammates and even to opponents to learn what others are doing well.
As an entrepreneur, if you lose out on a deal or find a competitor holding a larger share of your targeted market, then look at what they are doing to succeed. Be open to learning and humble enough to seek help from others. Champions are usually their own harshest critics, and their high standards drive them to keep improving. So even when you have some successes, continue looking to level up.
Focus on what you can control
Champions do everything they can to control the variables involved in their sport. Knowing that they can’t fully control the outcome, they go all-in on what they can control, including attitude, effort, and preparation. Entrepreneurs ought to do the same by analyzing their markets, rehearsing presentations multiple times, and scouting both their competition and their potential customers. If you’re meeting with a client, study them ahead of time so you can anticipate the questions they may ask and have impressive answers prepared. Be obsessive about your preparation.
A corollary to this lesson is focusing your post-hoc explanations on what you can – or could have – controlled. After a tough loss, champions do not blame the referee. Instead, they look at what they could have done differently so the referee’s calls would not have mattered. As an entrepreneur, be cautious of attributing bad results to luck or of claiming things weren’t fair. When you do so, you lose motivation to make adjustments for next time. Instead, follow a champion’s lead and know there’s always something you could have done better.
Improvise when needed
Even as champions focus on what they can control, they also recognize that they can’t control everything. Rarely does something go exactly as planned, and the best performers adapt and improvise. Something can always go wrong, and rather than panicking when it does, winners stay confident and make the needed adjustments. Thus, even as you work to control what you can embrace the uncertainty of your sport – or your business, as the case may be.
Related: 5 Lessons Entrepreneurs Can Learn from Pro Sports Teams
Be flexible
You may have noticed that the lessons described above hold some contradictions. Champions have supreme confidence yet also believe they need to get better. They also focus on what they can control while accepting they can’t control everything. Thus, another key to success is adapting your mindset based on the situation at hand. Champions have the mental flexibility to do so seamlessly. Rather than looking for a recipe to follow every time, they embrace the fluidity required to succeed consistently.
This willingness to adapt – to possess an unfixed mindset – is the main premise of the book Extreme Balance: Paradoxical Principles That Make You a Champion, published by Entrepreneur Press. This volume, which I have co-authored with champion athlete and coach Ben Askren and successful business leader Joe De Sena, describes how various champions balance contradictory principles to succeed in their respective sports. It includes chapters such as “Thinking You’re Good Enough and Thinking You’re Never Good Enough,” and “Preparing for Everything and Expecting the Unexpected.” These sections expand upon the lessons described here – and many others – in greater depth. If you want to be a champion entrepreneur, it’s a great resource to help get you there.
AFFILIATE MARKETING
This 20-Year-Old’s Summer Side Hustle Earned $150,000
This Side Hustle Spotlight Q&A features 20-year-old college student Jacob Shaidle, founder of Ontario-based barbecue cleaning business Shaidle Cleaning. Responses have been edited for length and clarity.
Courtesy of Shaidle Cleaning. Jacob Shaidle.
What was your day job or primary occupation when you started your side hustle?
I was a 15-year-old high school student when I started my side hustle, Shaidle Cleaning. I always liked physical labor, so this was a natural fit. Before I started my business, at the age of 14, I worked full-time summers at a tree farm, but when my parents told me I had to pay my way through university, I wanted to make more than minimum wage to ensure I could pay tuition. I was shocked when I found out how expensive school really was! Today, I am a full-time university student during the school year and a full-time business owner during the summer. I plan on pursuing Shaidle Cleaning full-time after I graduate.
When did you start your side hustle, and where did you find the inspiration for it?
I started Shaidle Cleaning in the summer of 2021. My mom asked me to clean our barbecue at home and suggested that I go knocking down the street after I did such a good job. My parents mentioned cleaning neighbors’ grills to make more money than what I made at the tree farm. I never would have thought to start a business cleaning grills if they didn’t suggest it!
What were some of the first steps you took to get your side hustle off the ground?
I needed the proper cleaning supplies to get Shaidle Cleaning off the ground. Luckily, I already had a pressure washer at home from my Dad, and I spent $400 on other equipment (100% of my savings at the time). That first summer in business, I put everything into two grocery bags and walked about a half-mile radius from my house to clean grills — I didn’t have my driver’s license or a car, so walking was my only option. By the second summer, I made enough money to buy my own car, which allowed me to expand my service area and double my revenue.
What were some of the biggest challenges you faced while building your side hustle, and how did you navigate them?
My three biggest challenges with the business have been ensuring amazing quality even after hiring people, maintaining a great online presence and managing such a high volume of clients. To ensure quality of service, I found that good, well-planned training was very important. Even more important, though, was hiring hardworking, passionate people — people who had similar goals and mindsets as me and could work toward a shared goal. Having an amazing team has been the driving factor in our business’s success.
Maintaining a great online presence is really challenging as a small business competing against all these “sharks” with more clients and money to outspend us on ads. With the help of my friend Aran Giffen, we have been able to establish a great online presence, selling people on the story and our youth, passion and drive rather than the actual service we provide. We want to make it clear that we are all students with the goal of helping other students, and that is how we present ourselves.
Lastly, going from managing 100 clients a summer to more than 700 has been a huge jump. As the owner, I want to have personal conversations with each client, get them excited about the service and make sure they have the best experience every time. Unfortunately, there just isn’t enough time in the day for me to do that. Instead, I have utilized the great personalities of my own workers to message, follow up and ensure the happiness of customers. We have also made client management easier with Jobber, which automatically stores all of our clients’ information, sends automated messages and keeps everything organized for me as the owner.
How long did it take you to see consistent monthly revenue? How much did the side hustle earn?
Since this is a seasonal business, I work hard each summer to ensure I increase my revenue from the previous season. In my first two months of operation in 2021, I made $5,000. The following summer, when I had my car, I doubled my revenue to $10,000. These were two-month summers in grades 11 and 12. In my first university summer, I hit my first $10,000 month and finished the summer with around $30,000.
This summer, which was my fourth summer in business, we did $100,000 in revenue in 75 days, ending the summer with roughly $150,000 in top-line revenue. As a one-man operation, it wasn’t too challenging to see consistent revenue in the summers. This is because I would typically knock on doors for one or two days to fill up my schedule for the week. This past year, we had seven technicians and 20 people in total, so it was much more challenging to stay consistent with the revenue. We had to learn quickly how to train employees, manage our sales team and deal with hundreds more customers. My best friend, Aran Giffen, has been a huge help in ensuring revenue stays consistent by managing our website, reach-out and online ads.
What does growth look like now?
I’ve been able to expand my one-man side hustle into a thriving business that has allowed me to hire dozens of high school and university students, helping them pay for their own education. With a growing, passionate and hard-working team, we aim to eventually break seven figures in revenue. Automation is a large part of being able to scale a business. We recently automated our customer communications by partnering with Jobber last summer, which has helped us tremendously. This partnership has allowed us to expand our customer base to hit 1,000 grill cleanings and six figures in revenue this year. Before Jobber, I spent a lot of my time scheduling cleanings and manually sending reminder messages to customers about their appointments — it ate up most of my day. Jobber completely takes that over by allowing customers to book their appointments online, automating reminder messages and sending invoices at the end of our service, which has freed up my time to focus on growing the business. We wouldn’t have been able to hit six figures in revenue or hire employees without this partnership.
What do you enjoy most about this side hustle?
By far, the most rewarding part of owning Shaidle Cleaning has been enabling my employees to afford their tuition and university costs. I am so proud of my team and happy with what we have accomplished so far, and I sincerely only want what is best for them. We are building a company around hardworking, dedicated and passionate students, and I value their work and effort more than anything else. My business is so much more than just cleaning grills — we’re creating a tight-knit community of students and helping them build and grow as people.
What’s your advice for others hoping to start successful side hustles of their own?
Find great people to surround yourself with. I used to think it would be so great to reach my big dreams on my own — more rewarding, efficient and impressive. But I was totally wrong. One of my favorite parts of my job is meeting new people who can help and enable me in different ways. It is much more rewarding to gather a group of people around a singular goal and lead them all to success than it is to do it alone. It is way quicker to build off the amazing knowledge of others to propel yourself forward in business, and it is more impressive to stick with the plan with the people around you than to hike up the mountain alone, leaving people behind.
With this message, there are four very important people I would like to mention who have helped me do amazing things in business. Aran Giffen, Brendan Quinlan and my parents. Aran joined along for the ride in year three and has been one of Shaidle Cleaning’s biggest assets. Brendan has acted as my mentor for just over a year now and has given me more knowledge, skills and advice than anyone else in business. Along with my mom and dad — who have always been by my side encouraging me no matter what and have had the pleasure of watching this grow since the very first BBQ — I am eternally grateful for these people and only wish to continue growing with them.
This article is part of our ongoing Young Entrepreneur® series highlighting the stories, challenges and triumphs of being a young business owner.
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