5 Great Reasons to Sell Your Website

There are over 110,000 eCommerce websites today that generate an average of $1.5 million in revenue. That’s a lot of sites making a lot of entrepreneurs into millionaires. And at some point, these site owners will be looking for a professional eCommerce broker to help them with their exit strategy and how to get the highest profit margin. Since the internet was more or less “founded” in the early 1990’s, certain websites have been gaining more traction than others, and at some point, some of them have become monstrous in size, performance and worth.

Take for example some of the sites below:

• BillMeLater.com, created in 2000, is a payment option service that took a while to catch on but has since become increasingly popular. The beauty of this site is that it allows customers to pay without using their credit card. BillMeLater.com was purchased by PayPal for a cool $1.2 billion in 2008, that’s just eight years after it was founded.
• Shopping.com, founded in 1998, is a price comparison website that notifies customers of price drops for specific products. It was sold in 2005 to eBay for $620 million.
• StubHub.com, created in 2000, is a portal for both buyers and sellers of tickets for various events like the theater, concerts, sports, etc. Currently, it’s the largest marketplace of its kind for ticket exchanges in the world. Ebay purchased it in 2007 for $310 million.
• Zappos.com, founded in 1999, is a simple retail site that sells clothing and shoes. If you’re like most people, when you see Zappos you immediately imagine the footprint logo – that’s how good they are. Originally, the owner had a difficult time selling the idea of selling shoes online, but now it’s one of the largest and most profitable shoe retailers in the world. In 2009, it sold to Amazon for $1.5 billion, enough to walk those shoes around your own tiny island.
• Buy.com, founded in 1997, is an enormous retail store that originally sold just computers and electronics, and now sells products in several other categories. In 2010, Rakuten, Inc. bought Buy.com for $250 million.

It’s perhaps fair to say that back in the 1990’s; nobody really knew how large and profitable the internet would become for some people. For those that grabbed the reigns and rode the ups and downs of the internet waves, some of them are seeing huge successes. When you are ready to sell your website, choose an eCommerce broker that is professional, experienced and skilled at selling online websites for top dollar, and the most cash at the closing table.