There are more websites today than ever before, and possibly more than the inventor of the worldwide web ever envisioned. There are around 1.88 billion websites live in 2022 according to one chart from Statista. However, out of all these sites, it is believed that up to 1.5 billion are no longer actively being updated or are just parked domains or something similar.
Many websites started out as hobbies, or blogs, many would have been for businesses that have failed, and some would be superfluous, or simply just neglected. The reason that so many websites are still active without being updated is that lengthy hosting and domain name plans were paid for upfront.
You may own one of these websites yourself, and perhaps you have long since given up on it. Maybe then it is time to realize some money from your old project.
Can you sell an old website?
Websites and domain names can certainly be sold on, how much they are worth will depend on a few aspects. What subject or niche is the website based on, how long it has been established, and what sort of revenue it is or could generate.
According to Forbes, a website’s value is partly based on its monthly revenue. This is understood to be in the range of 24-36 times the revenue created each month. Therefore a website that makes only $100 could still be worth $2,400 or perhaps more.
Why would someone want to buy old and neglected websites?
One reason for buying old websites is to flip them. Much like flipping a house, or a car,...
Read Full Story: https://ceoworld.biz/2022/06/06/is-there-a-way-to-turn-your-tired-and-neglected-website-into-cash/
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