A website is a place for a business to advertise itself and inform customers about their products and policies. It is also a place for a nonprofit organization to distribute information and to elaborate after a brief infomercial campaign. A website might be set up by a private citizen for personal reasons. It might be a place for them to dump favorite photos and videos and then leave their comments. A website can be nothing more than a personal work of art.
How Much Is Website Worth?
A website is worth at least the amount of money that went into buying the domain name. Beyond that, the sky is the limit as far as dollar worth. The worth is determined most importantly by the attachment of the creator. If a lot of effort was put into developing a website’s visual and written content, then it is a personal expression of the creator. They might not part with it for thousands of dollars, and family members might want to keep it as an heirloom.
A website costs money to set up, and there might be ongoing costs associated with upkeep and traffic. Having a private server can eliminate some monthly costs, but servers are expensive and consume electricity. The creation of a website can be cheap or expensive depending on the service used to create it. There are plenty of website templates that can drastically reduce the time, effort, and expertise it takes to create a web page.
On the other hand, a website might be commercially produced. It might have hundreds of total pages and many more embedded links. It might have professional photographs and content written by expert writers. The information might have been gathered by professional researchers and analysts. Untold sums of money have been spent creating websites with fancy javascript programming and costly information. A website can be worth at least it’s investment price.
Market Forces Take Control
On the other hand, a website into which was sunk a lot of resources to create public exposure and public interest will be subject to public approval and market whims after its debut. The startup money was only worth it if traffic meets expectations and continues to grow. Even if the growth is slow, it still has growth potential. If the viewership stays flat or decreases after its initial exposure, then it is a flop and it either has to be rehabilitated or written as a fail.
Your website can be worth a lot. If you put real emotion into it and deliver quality, then people will see that and find the enthusiasm infectious. For a commercial website, there has to be a real understanding and connection with the audience. If they cannot get exactly what they want, then they will spend their limited attention span on some other distraction on the huge wide web.
Keeping It Growing
A website grows in worth with time because it gains new members while becoming venerable with old ones. People who invest more than a little time into something find the effort rewarding for some reason. If the rewards keeping adding up and they associate the site with satisfaction and meaning, then their loyalty will deepen over time. A site with a small but loyal following can be worth more than a site with a larger but less committal following. If it generates cash revenue, then the proof is in the online wallet.
