How to Earn 5k in 60 Days - Part 6

September 2nd, 2007 by Vincent Abrugar

SELL THE WEBSITE

I decided to sell Instant Video Submitter because I need immediate cash for an emergency need. I sold the website for $4,100 at SitePoint.com.

After you’re done with Steps 1 to 4 you can decide to skip Step 5 which is selling your new software website.

This step is optional; you can keep your new software business and you can fully promote it to earn more profits.

You can implement various marketing strategies such as Joint Ventures, Article Marketing, Affiliates, Ezine Advertising and more promotion techniques, in order to make your software business profitable.

If you do choose to sell your website at this early stage just like what I did to Instant Video Submitter, here are some useful tips:

  • List your website for sale at SitePoint.com and DigitalPoint.com.
  • Since your software website is new you can price it at X4 or X5 of the generated profits from your WSO. Example if you earned $700 from your WSO that would be $700×5 = $3,500 this would be the estimated value of your site. Whatever your price is, it will still depends on how much the buyer is willing to pay. You can negotiate with any interested buyers to arrive at a sale price.
  • Make sure to prepare all relevant website information for the sale to support your asking price. This includes website summary, reason for selling, traffic and revenue screenshots, and hosting and domain information.
  • Aside from listing your website you can also create a web page containing all necessary information needed by potential buyers. You can include a link to the web page you created in your Sitepoint.com listing.
  • When accepting payment for your sold website you can use Paypal it’s the fastest way to accept payments. Make sure the buyer has a verified Paypal account. You can also use the service of Escrow.com for a more secure transaction.
  • To avoid scammers from Sitepoint.com who use stolen Paypal accounts, make sure that you hold the Paypal funds for at least 24-48 hours before you transfer the domain name of your site.

The Wrap-Up

 I’ve already shared to you how I turn $100 into $5,000 in 60 days with the Instant Video Submitter website. I hope you learned useful tips from this short report.

Don’t think that just because you’re not a programmer, you can’t create your own software. It only takes a small investment and in the end you will be rewarded with fast online profits.

I encourage you to create your own software now!

Posted in Making Money Online |


One Response

  1. Targetted Backlinks Says:

    Kumusta Vincent?

    What a great succession of informative information. I lost your blog address some time ago and managed to find it again.

    This thread was the first thing I looked for as I had downloaded the first three posts.

    You should really package this into a course and sell it.

    Then create another course about how you made money from showing people how you made money… :-)

    Anyway, thanks for the good info. I love the new design of the blog. Keep it up and have a great day.

    Salamat po

    P.S. I’m learning a little Tagalog so when I visit your country, I can make many friends.

    Think I’m going to love it there.

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