We often hear that a
blog is a virtual real estate but what does that really mean? Just like a piece
of property, a blog increases in value over time. If you look around the
internet, you may be wondering why people like me, spend so much time blogging.
Aside from the fact that it is very addictive to watch the blog’s traffic
reports, professional bloggers also aim to increase a blog’s value for future
monetary rewards.
How to measure a blog’s value?
There are many factors that add up to determine a blog’s
value. People don’t often agree when a deal to purchase a blog is underway.
That’s because every person has his or her own way of measuring the value of a
blog. Here are a few factors that are universally accepted to influence a
blog’s value in dollars:
Domain Name
The domain name market is an economy in itself. General and
keyword rich domain names had sold for millions of dollars in the past. Not
everyone however, had the insight to reserve all the great sounding domain
names when they were only worth a couple of dollars. Today’s beginner bloggers
try to find a gem of a keyword left in obscurity in the DN auction websites to
develop into a competitive domain name in the domain name market.
Daily Unique Traffic
A blog’s daily unique traffic is also a great indication of
its health and value. Unique traffic reflects new traffic as well as returning
visitors but the important thing is they are all counted as one unique visit
per ip address (contrary to pageviews). These are the number of people that
really passed by your blog. Increasing this is more important than metrics that
can be fraud like number of backlinks which are usually the ones focused on by
bloggers.
A solid marketing plan is the biggest booster of increasing
unique visits. There is a misconception that there is one great way to increase
your traffic but the truth is, increasing your naturally obtained traffic
depends on SEO and marketing habits that add up to increase the number of
people that know about and choose to visit your website. All the hard work and
sleepless nights making content are all for naught if you don’t get visitors.
To know your blog’s daily unique visitors, make an account in google analytics
and check once in a while.
Warning: Checking you
traffic reports may become addictive especially if you are seeing progress.
Page rank
The page rank system may have been sidelined by the recent
algorithm updates of google but it is not completely out of the picture.
Getting high page rank for the domain name of your blog increases the domain
name’s and ultimately, the blog’s value. You can get ahead the page rank game
by purchasing a domain name with an already established page rank but if you
already bought a domain name with 0 page rank, your best bet is to continue
with your blog, get or create backlinks consistently and regularly, and let
time do its thing. You will eventually get a pagerank value.
The blog’s monthly earnings
One of the factors that significantly come into play when
measuring the value of a blog is its monthly earnings. Most buyers only buy
blogs that already have a steady stream of income. Some blog sellers don’t sell
their blog unless the offer is two to three times the annual earnings of the
blog but there are others who sell for the value equivalent to only one year’s
earnings.
The people writing in the blog
A new blog with a popular blogger writing on it will get
more traffic, instant and natural back links, which will translate to higher
page rank and better conversion values, than an older blog by a first time
blogger. This is because every successful blogger has created a following that
is as valuable as the thousands of backlinks in a blog. The activity of popular
bloggers in their blogs is a marketing strategy in itself. If the public knows
that a particular blogger is no longer with his or her blog because of the
selling of a blog or some other reasons, the traffic will surely decrease and
the number of likes, +1’s, retweets and backlinks will follow.
Conclusion:
A blog’s true value is only as good as the best offer of a
willing buyer or the accumulation of checks that arrive every month from the
monetization processes in a blog. There is however, another value that exists
only for the creator of the blog and the people that worked extended hours to
make it what it is today. This is the value that prevents the blogger from
selling his or her blog despite the great offers for the blog. Only the blogger will know about that
additional value of his or her blog; his or her creation.
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