Preparing a Site for Sale

If you are growing a site organically it might be worth it to sacrifice the short term earnings for long-term growth, but what happens when it comes time to sell a site? If you site has a strong brand or other intangible brand type assets worth far more than current earnings consider those before making any changes, and do not tarnish the site's image. If you site does not have those, and will likely sell at an auction it will probably sell for some multiple of current earnings, based on a number of factors including

  • how much work it is to keep the site earning what it is (fixed costs, in time and money)

  • general category growth (upside potential)
  • site position in the category (upside potential)
  • how aggressively it is monetized (upside potential)

Almost everything that has the word potential in it is going to be heavily discounted. Some people will not see the potential, while others will feel that they don't want to bid based on potential (because they feel that is their value add after they buy the site). Before you sell a site, make sure you spend a few months tweaking the monetization to max out your current revenue numbers. That is the base which most buy offers will be built from.

Religious Linkbait

Marketing Religion: The Pope Was Wrong:

From The Antichrist will be a pascifist:

Cardinal Biffi said that Christianity stood for "absolute values, such as goodness, truth, beauty". If "relative values" such as "solidarity, love of peace and respect for nature" became absolute, they would encourage "idolatry" and "put obstacles in the way of salvation".

Pope John Paul II said

Peace is not just the absence of war. Like a cathedral, peace must be constructed patiently and with unshakable faith.

And now peace is suddenly rubbish? A relative value? The only thing that is absolute is ignorance.

Does Cardinal Biffi believe his own words, did he let his political beliefs slide into his religious teachings, or was he marketing (for himself or some other agenda)? The only thing we can be certain of is that his thoughts are absolute.

Brand Disconnects in Marketing Content & Product Packaging

I just ordered a cup of tea from Starbucks, which is running a series called "The Way I See It", which is a bunch of idealistic quotes from various sources.
The Way I See It #193 was from a musician named Dan Zanes. The quote was

Let's imagine a 21st century America where families, friends and neighbors gather together at the end of each day in parks and town squares and on street corners and porches, to tell stories and jokes, to sing and dance with wild abandon! I can see and hear it now...

Then the cup has
- Dan Zanes
written under that.

At the bottom of the cup it has printed in small text

This is the author's opinion, not necessarily that of Starbucks. To read more or respond, go to www.starbucks.com/wayiseeit.

If they don't believe in a message, why waste my time showing it to me? Using words without meaning or disclaiming the value of your marketing undervalues consumer trust.

Similarly, when you lack an about page and don't have a human feel to your website it is far easier to appear as a slimy corporation that cares about nothing more than short term profit. Not mentioning much about us makes a site nameless and faceless. Some companies can pull it off because their marketing is so strong on other fronts, but if you are small then acting small may be one of your biggest advantages.

Location: Comparing Online & Offline Business Costs

I have went shopping with my girlfriend in San Fransisco a few times, and got to thinking about how most of the businesses in the city pay $4,000 to $20,000 per month for rent. In many cases, with a 5 year term.

You can buy a great domain name for that. You can compete in the search results in most markets for that. Monthly rent to buy exposure in one city is recurring. Many online marketing costs and domain costs are not.

In time, online will be much more competitive than it is today, but many markets are still wide open, and likely will remain so for at least a few more years. As mobile communications and web access move to free, and Google becomes the default homepage for the web, a strong market position on the web will be worth as much or more than any offline real estate.

A Marketer's Love of Gadgets, Widgets, & Mashups

I just used Parallels to install Windows Vista on my MacBook Pro, and I noticed that by default the Windows software had gadgets on the desktop. Apple, Microsoft, Google, and Yahoo! are all pushing gadgets.

In order to to make it easy to navigate the sea of gadgets, and with the hope of becoming the default provider, many of these companies are showing popularity or distribution statistics of gadgets and videos, while also making it easy to syndicate them and easy to consume them (via personalized home pages, desktop widgets, site inclusion, and sidebar widgets).

This means 2 things for publishers: a cheap way to get huge distribution and brand loyalty, and easy access to human filtered interesting content.

Today Freebase launched, which is attempting to create a useful semantic web of human knowledge, similar to Google Base. As upstarts and established companies fight for distribution and trust more information will be publicly available from third party sites. Marketers can use toolbars, statistics, APIs, custom topical search engines, Yahoo! Pipes, widgets, and other mashups to create and package useful niche content and tools by aggregating data from these sources.

Some people are using the APIs to provide a more useful version of the original, like Alexaholic, while others are focused on creating profitable ad networks such as Auction Ads. One of my affiliates recently created this mashup. You can keep up with mashups and widgets at Mashable and Sexy Widget.

ebay
amazon

Google Checkout Logos on AdSense Ads

When Google introduced their AdSense network they not only created an ad syndication network, but also a way to syndicate the Google brand. At first it was the cute Ads by Gooooooooooooogle stuff. Then they started marketing Google Checkout heavily by offering $10 off coupons. Then they started syndicating flash and video ads for Gmail, then Google Pack, and now they are placing Google Checkout icons in the AdSense advertiser ads.

It's a nice deal for Google that they smart price some of the inventory down to virtually nothing, then buy it off themselves. Given that they have no real competition could you fault them for doing so? Even classier of them to put ads for their own products inside ads that advertisers are paying for. But their marketing is good enough that nobody cares. Who else could do that?

I Only Want What I Can't Have

I recently got feedback from an SEO Book buyer who stated that their site was not accepted by some directories I recommend. If someone does not accept your site realize that due to their editorial stringency a link from that location is probably worth more than a link from the sites that did accept your site.

  • Buy Relevant Ads: If they didn't accept you because you were way off topic then move on.

  • Look Relevant: If they did not accept you because you were not 100% on target with their niche rewrite your description to make it fit their business better. Perception is reality.
  • Be Credible: If they did not accept you because your site was lacking then invest in change and limit the amount of advertising you show on your content that you are activley marketing (at least while you are actively marketing it).

If you can't buy exposure it is going to be hard to compete with competitors who are already established, leveraging viral marketing, and/or getting free exposure.

What people you don't know think of your site is a quick and cheap source of feedback on how to make it better. If something is important to you do not accept no. If you do accept no, learn why they said no and make something that is easier to say yes to. The same goes for requesting being featured on a site, buying reviews, sending out link requests, asking to be published, etc etc etc.

The Hidden Costs of Distribution

I recently went to a soap shop in downtown San Fransisco called Lush. It is the most expensive soap I have ever seen, and a perfect product for the web. My girlfiriend asked the clerk if they sold online and they said yes, but don't buy Lush soap from Amazon.com.
If you opt into distribution of your product the way to win is to give extras when people buy direct. As a marketing strategy, it is silly to recommend people avoid your distribution partners. Once you give up distribution you move toward being a commodity unless you add extras or are selling a buying experience.

Even companies like Adobe are canibalizing portions of their business to maintain their market position. When considering opting into other networks or doing things that extend your reach and give you more direct control over the conumer experience it is probably best to stay as close to the consumer as possible.

If you are a product on the shelf you have to pay for shelf space. If you own the shelf space you can sell your own product or sell overpriced ads to others.

The Tipping Point for SEO

I think SEO has to be considered mainstream at this point. The media writes about it, many media companies have bought my ebook, government regulated monopolies have bought my ebook, and now there is even a college course on SEO at Rice University.

Why Most Bloggers Don't Get Paid Properly

Many of the people at the top push this bullshit naive altruistic garbage, painting money as evil. And they keep pushing it, because that discussion keeps them at the top by giving them something to talk about and making them the authority. And it gives them ditto heads to prop them up, making it harder for new people to see through the smoke and catch up.

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