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Business Plans Revealed - How to Write Your Plan and Why
A business plan is your vision of where you want your business to go and how you’re going to get there. It’s a road map and, like a map, it helps to document the route on paper, rather than simply commit it to memory. A coherent, written plan is as...
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Selling Your Database

By Ed Pudol

When you're in selling database business, you must consider and remember the following points  before selling  or start building your precious database. Does your database saleable? Where to sell those database? You sell them for how much?, and finally what type of payment you prefer?

Let's answer these questions one by one:

Does your database saleable?

Before you start building or selling your database you should first consider this question. Does the database you want to create or sale is marketable? You can check which database most people looking for, by going to forum.digitalpoint.com, namepros.com, http://www.buyandselldb.com/forum , and other webmaster related forums. You can also check how popular your data at inventory.overture.com, the higher result the better.

Where to sell those database?

You can sell your database at any webmasters related forums, why? Because most of your customers are webmaster. Webmasters buy database for their new websites or old sites. Here are some of those forum where you can sell your database.

forum.digitalpoint.com
sitepoint.com/forums
namepros.com
webmaster-talk.com
http://www.buyandselldb.com

You sell them for how much?

This is one of the most reason why database sellers fails, the price of their database is not affordable. Remember it is easier to sell 100 copies worth $15 than to sell 1 copy worth $100.


But price will always depends on the total record of the database, structure of the database, and availability of the database. Meaning the harder to find that kind database the higher price. Database like recipes, lyrics, and articles are easy to find, you can't price them high or else you can't sell them.

What type of payment you prefer?

You must also consider what type of payment you will use, right now the widely use by webmasters is paypal no doubt, so make sure that you can accept payment via paypal or else you will lost 90% of your prospect customers. You can also use xoom.com which you can accept payment from paypal members and credit card, but there is a minimum amount per transaction which is $25. Stormpay.com, not as popular as paypal but you can use also as an option but little bit expensive they charge higher than the first two.

 

Related Articles:

Buying Database
Create Database and sell

Ed's owned site:
Windows Tips and tricks
PPC Expensive Keywords
Inspirational quotes


About the Author

Ed Pudol is a computer programmer from the Philippines who developed the first buy and sell database store on the net.
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