Is this website BIN price reasonable?

im selling a website which in the first 7 days of August has earned $20
in the previous month, it earned another $20 from the end of the month..

with the $20 earned in 7 days, ive set the BIN of the site for $150?

would you say this is reasonable or a bit under OR over priced?


P.S this is the sectionw which suited the most, im very sorry if there was a better post area for this.

 

This BIN is definitely not over-priced, but too low.
BIN set at 12 months earnings should be generally acceptable.
($20 /7 * 30) * 12 = $1030 .

 

whoa :O

you serious? i was always taught that its monthly earnings (20) x 1 year so it should be for $240,

i dont get your calculations, why is it devided by 7? and x 30?

 

You said you earned $20 USD in 7 days, right?
$20/7 is one day earning, $20/7*30 is one month earning.
Do I miss some thing?

 

The price really depends on the earning history and whether it will continue to bring income after you sell it.

 

I would say that it is slightly underpriced, BUT with a limited earning history, this may be about the most to expect. I don't agree with the previous calculations given, since you said that the seven day earnings of $20 was really for the entire month and the previous month's earnings were about the same. I would take the monthly earnings and multiply by 12 to get the annual earnings. This would be the ideal asking price for this kind of site, but there are several other factors that go into this as well.

 

Looks about right to me. if you can hold onto it and double or tripple your earnings this month you can easily tripple the BIN.

 

but would any of you pay $150 for a site that earns $20 in 7 days?

 

Just because it earned $20 in 7 days, doesn't mean that it will earn $20 EVERY 7 days. If the site has a limited history, it is a little bit risky for me. I agree with Stephen Meyer. If you can manage to hold onto the site for a few more months, you will not only make a little bit more for yourself, but you will also have more of an earnings history to demonstrate to buyers. In this case, you could probably even get more out of the sale, depending on the efforts made to promote the site within the next couple of months.

 

Can you PM me and let me see the site. It's hard to say if I would buy it not seeing it.

But people are looking for well constructed sites that have generated some money. So yes, lots of people would pay that for the site.

 

well ive offered to sell it for $150, but if the guy doesnt accept it, im holding on to it and its helped me grately and earned me quite a bit of cash so far

 

Defiantly good income for now I would say hold onto it and increase your earning if you can be getting that bin almost every month

 

Extrapolating a website value on a few days of revenue activity is kinda silly, way too easy to manipulate

Regardless of the multiple you want to apply (6mo, 12mo, 24mo, etc.), I think you need to use the average revenue over three to twelve months when trying to appraise a website based on its income

If you don't have a sufficient history of earnings, look for previous sales of comparable or similar domains (taking into account keywords, search traffic, industry, .extension, product price, etc.) to estimate the value of your domain.