Microns - How to be a good seller

Ilya Novohatskyi

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.

Photo by Samrat Khadka on Unsplash

👋 Welcome

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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.

Ilya Novohatskyi 🇺🇦

@ilyanovohatskyi

Thinking about adding listing fee for sellers to improve quality.

In October we received 30 startups and only 9 end up published. So, it shows that sellers aren't serious enough or built something crappy.

What do you think?

11:57 PM - 5 Nov 2022

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.

Ilya Novohatskyi 🇺🇦

@ilyanovohatskyi

I noticed that some sellers don't reply at all to buyer requests.

What do you propose to do with those sellers?

10:21 PM - 10 Nov 2022

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

Step-by-step tutorial on how to quickly sell your side project for free.

www.microns.io

📰 Looking for new owners

Cold DM your target audience on Twitter

Twitter Cold Outreach Tool

$80 in ARR
Business model: SaaS
Seven customers
Target audience: Indie makers, marketers, and sales teams
Built with Next.js and Node.js
Founded in 2022
Growth advice: Use the tool to reach out to new customers

🔥 Asking Price: $3,000

Generate new leads on LinkedIn automatically

LinkedIn Lead Generation Tool

$6,178 in annual revenue
Business model: SaaS
Two customers
Target audience: Founders, marketers, and sales teams
Built with MERN
Founded in 2022
Growth advice: Focus on SEO and cold outreach

🔥 Asking Price: $20,000

Calculate flight distance and range on any route

Flight Route Calculator

$12,000 in ARR
Business model: SaaS
263 customers
Target audience: Aviation, Air charter brokers, and Travellers
Built with PHP, Contao, JS, and Bootstrap
Founded in 2016
Growth advice: Improve SEO and UI. The website has 50,000+ pages for all airports worldwide, which could be extended with more specific content and business databases

🔥 Asking Price: $50,000

💡 Wisdom from subscriber

Kamban

@KambanTheMaker

My little story of reaching $500+ MRR after 4 years of failure.

I have been building software tools for around 4 years.
👇

3:01 PM - 3 Nov 2022

💌 Share with a friend

If you found value in reading this issue, please share it with your friend.

Stay awesome,

Ilya Novohatskyi

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Ilya Novohatskyi @ilyanovohatskyi

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Microns - How to be a good seller

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