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Why do People Sell Profitable Websites
For many people, it doesn’t make much sense when someone sells a website that has become very profitable. However, in the world on online businesses, selling a website that is bringing in the cash is not uncommon at all and most smaller website owners do no hesitate in selling a website that they have built from the ground up and turned into profit maker. We investigate why people sell profitable websites.
To make a profit
Websites are in a sense much like one’s own (brain)child. You create it, you spend time perfecting its design, you spend money on expanding its reach and you put in a lot of effort to get it to return handsome profits. Over time, a profitable website becomes a brand in its own right. At the this point, offers to buy it out start pouring in for its owners who are faced with a choice to spend money and expand operations and try to become an even bigger brand or to simply let someone else take over and run the website. Most website owners, especially those that have personally contributed to the development of the website, choose to sell to make a handsome profit. This tendency is no different than the instinct of a hot rod developer, property flippers and even artists.
To take advantage of a good offer
An important and basic law in economics states that after a while, even the most profitable venture would begin to offer diminished returns unless changes are made. For a small website owner this basically means that their websites would fail to sustain incoming profits in the long term unless they go big. Some website owners know the limitations of their own capacities or budgets all too well and decide that it is better to sell a profitable website to a bigger fish for a good profit today rather than to have to be forced to sell to someone else for a much lesser price in the future.