The formula to calculate Website Price (WP) is:
\[ WP = MR \times M \]
Where:
The website price is the estimated value of a website based on its average monthly earnings and a multiple that reflects its potential for future earnings. This calculation is important for website owners, buyers, and investors to determine a fair market value for the website.
Let's assume the following values:
Using the formula to calculate Website Price (WP):
\[ WP = 2,000 \times 12 = 24,000 \]
The Website Price is $24,000.
