How to be a good seller
Hey guys.
It was a crazy week in terms of events. First, a few acquisitions are in progress, and we finally launched our concierge service, which received our first customers. I'll share the results next week.
Besides this, I found a few problems on the seller side and decided to write a guide on how to be a good seller. I still don't know how to approach the situation with unresponsive sellers, but we'll figure it out.
This week we have two social media micro-SaaS startups for sale. I hope you'll like them as much as I do.
P.S. I'm grateful to everyone who supports Ukraine in this wartime.
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👍 How to be a good seller
Lately, I found some things that could have been improved for newbies. For this reason, I wrote a small guide on how to be a good seller.
1 - Be kind and polite
No matter what happens, you should always be a human. Don't reply with offense or personal abuses. Treat your potential buyers as your business partners. Everything could be fixed except lousy behavior, which leaves a footprint.
2 - Be serious
Everyone doesn't like people who are canceling at the last moment. The same rule applies here. If you decide to sell your startup, keep buyers informed because they have serious intentions and become angry if you test the market and don't want to sell.
3 - Be available and timely
Your availability and the way you reply to buyers play a decisive role. You need to react fast and provide as many details as buyers need. A good practice is to respond within 24 hours after you receive the buyer's request. After that, keep the active status of the communication and update the buyer with any issues you have.
4 - Be patient
Sometimes startups sell within a few days, and sometimes within a few months. Your primary responsibility as a seller is to be patient and timely update your listing with new changes (revenue, customers, metrics, etc.), so new buyers can notice the listing and contact you for details. In the end, if you're active and constantly improving your project, you'll find your buyer.
5 - Be authentic and transparent
To close the deal successfully, the buyer should trust you. It's a feeling based on many factors that will decide whether the transaction is to be. Don't try to hide something. Always tell the truth and be straightforward. As a founder, you know your project from the ground up, so your goal is to transfer this knowledge to the buyer. Be yourself, and it'll help you build trust with the buyer faster.
Summary
Based on my experience, these five things are crucial in becoming a good seller in Microns marketplace.
If you match these rules, you'll quickly find a buyer for your project and a business partner, which may impact your life drastically and strengthen our community (I built two businesses with partners).
🎉 How to sell a side project with no hassle
To continue the theme with the sellers, I prepared a detailed blog post about the critical phases of selling your project.
Every buyer on Microns could be a seller, and every seller could be a buyer. So I prepared this post with helpful information from creating an attractive listing to the post-sale support period.
How to Sell Your Online Side Project or Micro-SaaS — www.microns.io
Step-by-step tutorial on how to quickly sell your side project for free.
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Stay awesome,
Ilya Novohatskyi