This post originally appeared on theFlippa blog.
Or at least youre thinking about it but youre not sure if you want to let your baby go.
However, there are a few things to take into consideration before yousell your app.
Why sell
Its important to keep in mind exactly why you are selling.
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You may have lost interest in the app, or you have another idea you would rather work on.
you might then use the $1,200 as seed money to work on a new idea.
Dont think of it as your baby.
Its simply an asset, which you are exchanging for money.
Time and resources
If youre a developer, you probably dont have much marketing experience.
For a solo developer this is a very tall ask.
Youre not selling it for a quick exchange.
Instead, youre giving it to someone who can do more with the app and potentially increase revenues.
The right moment
What goes up must come down.
There are countless stories of businesses whose stocks have skyrocketed only to fall back down to earth.
And every one who bought the stock while it was going up only realized losses when it fell down.
You want to make it a no-brainer by providing all the information up front.
If you havent installed an analytics platform, do so immediately to give buyers an up-to-date set of numbers.
Another important factor that buyers will ask about is whether the app has any outstanding bugs.
Make a list of whats not working, whats unfinished and what needs maintenance in the app.
Value your app
Setting the right reserve price or buy it now price is extremely important.
Ultimately they are left with no sale.
Unfortunately, its really hard to be objective about valuing your own app.
But there is a right way and a wrong way of going about it.
Buyers will be looking at your app as a means to make more money.
Think of it this way.
If your app is already earning, its pretty straightforward.
The higher these numbers are, the more you’re able to price your app.
Interested buyers will try and investigate every aspect of your app before they actually spend money.
Being responsive also shows buyers that youre ready to help them out even after they purchase the app.
Over to you
And thats really all you better know to sell your app.
Get prepared, get selling and go make a lot of money.
If youve got some useful tricks to selling apps, let us know.
