Blogging involves a lot of fun. You can make money out of it. Most of the bloggers are of the opinion that they can sell their blogs for huge money. That’s right; you can make money provided you follow some guidelines. If you have a network of blogs then you may also be able to approach an existing large business in the blog’s same market and sell to them for even a few years profit.
Here are 3 steps you need to take before selling your blog:
1. Maximize Your Revenue:
Because you get a sale price based on your recent profits then it only makes sense to make the extra effort to increase your blogs revenue. The easiest way to do this is to make sure all the link places on your blog are sold. To do this go to existing advertisers offering a discount and post in the buy/sell links forum offering a special offer to get the links sold. You can also take on extra reviews or promote extra products to your list to increase revenue.
2. Make Sure Your Traffic Is Growing:
No one wants to buy a site or blog that is falling and traffic declining. Buyers will be looking for blogs that are growing and still have lots of potential. This is why it’s important to put some extra work in the month and even two/three months before the sale to make your blog pit this pattern and show growth.
You need to make sure your traffic stats are growing, alexa ranking is increasing, backlinks are building and your RSS readers are growing. Do some extra marketing including social bookmarking, article marketing and even try and get to guest post on some popular blogs.
3. Depersonalize Your Blog:
When you first think about selling your blog which can even be the minute your creating you should take steps not to personalize the blog to you too much. By having a blog that is too personal it will be extremely difficult to sell for good price. Buyers want to be able to take over the running of the blog quickly and easily so it makes sense that they’ll pay more the easier it is.
For more information, visit the exclusive resource – Blogging To The Bank 2010 (The blueprint of a blogging millionaire).