December 31, 2008 in Business by Olgi Zenullari

The current financial crisis all over the world is influencing a lot almost every single business. Many webmasters are suffering a lot. People are not spending money as before, there are fewer investments. I was checking SitePoint’s Marketplace and many sites are being sold under their normal price because of the economical problems.
You can find really good sites with a lot of potential cheaper than 1 year ago. People are tired of this crisis and want to get rid even from their most successful sites. What everyone is looking at the moment is CASH. I would not recommend anyone to flip sites at this period of time. You might sell the site but not at your desired price you might have expected.

Personally I believe that now is the perfect time to develop sites. If you don’t have skills to do them by yourself, hire some guys to design and code (or program) a site for you. Of course that they will charge less than in normal financial conditions.

Try to increase your website portfolio at this period of time because the value of your sites will increase during the next 3-4 months. Its good investing money on freelancers and other stuff to get the proper sites so when the prices get back to normal, you will have a lot of sites to sell.

Try to built sites on specific niches like finance, loans, investments, attorneys or even health-relates sites.

I will be posting soon a case study report I have done so make sure you are subscribed to get the latest articles
Thanks for your time

Olgi Zenullari

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