There are plenty of blogs and websites out there that have just been abandoned and now users are starting to realise that these can be turned into a significant cash sum.
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Leeds, UK (PRWEB) July 24, 2009
Website owners and bloggers who have been affected by the economic recession could be sitting on a welcome cash bonus, according to Siteredeemr.com.
Siteredeemr, who specialise in purchasing defunct websites and blogs, has revealed that the number of offers that they have made to buy websites have increased by 500% over the past month, with a 300% increase in the number of completed site purchases over the same period.
The increase in sales has been attributed to the economic slowdown, with site owners looking to cash in on dormant sites that would otherwise proved to be a financial burden.
It's believed that even more site owners could unknowingly be sitting on a cash windfall. In 2008, a report by blog search engine Technorati revealed that as many as 95% of bloggers have given up on their personal web space, with only 7.4million of the 133million blogs currently monitored by the search engine being updated within 120 days of the most recent posting.
At present, demand is particularly high for sites covering subjects such as online gaming (betting, bingo, poker and casino), personal finance, consumer electronics, legal and travel.
Siteredeemr's transfer process allows site owners and bloggers to get a quick cash offer for almost any form of personal, non-commercial website. As part of the sale, Siteredeemr takes over all of the site's running costs, such as hosting and domain registration.
Commenting on the figures, Siteredeemr spokesperson Katie Phillips said:
"It's a difficult environment for everybody out there and we are more than happy to help out bloggers and website owners who are looking to release some cash.
"There are plenty of blogs and websites out there that have just been abandoned and now users are starting to realise that these can be turned into a significant cash sum."
Notes to Editor
Siteredeemr offers the owners of personal, non commercial websites and blogs the opportunity to get a quick, simple cash sale for their site.
Backed by more than 10 years experience in online trading, the people behind Siteredeemr are able to offer fair site valuations and swift, stress free ownership transfer of all manner of websites and blogs.
For more information on Siteredeemr, visit http://www.siteredeemr.com, +44 (0) 113 815 0668