site sales process
DESCRIPTION
TRANSCRIPT
Site Sales Process
by Kaushik Pal
Site Sales Processes …
Preparing the Project Dossier
Pitching to Prospectives
Pursuing leads
Presenting Live Data through Due Diligence Process
Pursuing Final Negotiations
Escrow Process
Closure and Completion tasks
Preparing the Project Dossier
First Level Document (FLD)
High Level Document (HLD)
Stats History
Revenue History
Pitching to Prospectives
Listing on Site Sale Marketplaces
Contacting Internet Brokers
Existing Clients
Close Circuit Investors
Pursuing Leads
Through emails
Through direct calls
Schedule ConCalls
ConCall involving Broker
Due Diligence Process
Set up account with Gotomypc.com
Fix net meeting time
Chat / Talk and display data
Keep data ready in a folder in advance
Pursuing Final Negotiations
Net Sale Price
Any floor commitments
Maintenance schedule, if any
Careful of conversion rates
Note Broker fees, if any
Payment transfer process
Escrow Process
Create Account with Escrow.com / Use existing
Wait for Escrow confirmation for payment
Escrow fees to be paid by buyer or 50:50 sharing
Initiate transfer of domain
CLOSELY MONITOR the Transfer Out process
Follow up Escrow for immediate Payment Release
Closure and Completion tasks
Pass on internal note
Share FTP details / Initiate Transfer of servers
Record details like new owner, sale multiple
Close with Accounts department / Raise Invoice
Share Twitter / Facebook account details, if any and discussed earlier
Final Closure Note
The right ingredients …
Good documentation of the project
Thorough details of traffic
Details on keywords
Competitor analysis
Right offer to the client – always negotiated
Clarity on internal standing
100% focus on mails / responses during sales period
The Success Formula
To make a successful sale, put yourself in the place of your prospect —the recipient of the offer —and plan about what sorts of information that person would need to feel confident to buy the project from you.
Happy Selling !!!