It’s good news all round for b2Media co founder Duncan Riley, who last night sold his site, Inquisitr.com for $330,000 on Flippa to an ‘unnamed Israeli media buyer’. The site received a relative amount of ‘comment action’ but ended with only 1 bid and at time of writing is “sold pending settlement via Escrow and transfer of assets”.
Author: Justin Gilchrist
Forums and Community sites rarely make the list of top website sales, simply because they tend to be so difficult to get right. This is an interview with Tyler Cruz, owner of Merendi Networks Inc, which operate a portfolio of approximately 15 community driven sites.
As someone who has successfully bought, sold and grew forums systematically over the last few years, this interview has a special focus on community driven sites and contains some juicy pointers and insights for making them work.
Finding a website for sale direct from the owner almost always offers better value than buying through a marketplace or broker.
If you buy sites on a regular basis, you’re about to enter a new niche or if you want to expand within one you’re currently in, it’s often worth spending the time to see what’s available privately before shopping on the general market. This article aims to take you through a simple system that you can use to identify, find details for and negotiate on websites that aren’t publically for sale.
Analysing an offline business is primarily focused on ratios, but using this same technique for online businesses is often flawed or difficult for several reasons.
We need a new set of ratios for quickly assessing the health of an online business, that can also be benchmarked if we collect enough data. This article explores two different calculations, and shows their practical use in a real situation.
Lately I’ve studied hundreds of solid, profitable websites for sale at the $10K – $150K end of the spectrum, but looking at the market on the whole there’s a definite change from this time three or even just one year ago.
The following is a summary of what in my opinion are the most important changes to happen over the last year. This is in the hope that if we can see where the market is generally heading, we can design offerings better placed to give people what they want and ultimately sell quicker and for more revenue.
Over the last few months I’ve been working on FlipFilter V2 (due January 2011) which builds on the idea of FlipFilter, but implements some pretty useful features to provide more of an overall experience in building an online portfolio.
This post runs through the main updates and additions, including the new Aged Domains and High Value Brokered Sites section and a mixed bag of new modules.
Whilst many of the articles on website due diligence cover the basics well, few guides exist that cover the more long term discoveries that often lead you to have buyer’s remorse.
The following article covers some of the ‘things they don’t seem to tell you’ factors to look for during your due diligence on a site. If you find a site with a vulnerability in any of these areas, it’s certainly not fatal, but you should know the cost of remedying it should the worse happen and have an action plan in place, especially if a good part of your livelihood relies on the site’s income.
Have you noticed that some people seem to hit ‘gold’ far quicker off the starting block than others, irrelevant of their business, market or even personal situation?
This article looks at a practical way we can speed up the process of accumulating wealth in what we do. The idea is simple and based on the theory of leverage. A site that earns $1,000 per day, doesn’t require 1,000x more work than one that generates $1 per day, so our focus should be to maximize our time investment by putting it into a project that gives us the highest return, and we can get this project through ‘trading up’.
In this post I ran calculations on over 2,000 recent website sales to find out which type of monetisation strategy yields the highest revenue per unique user.
The idea behind this is simple; For every site we own we do similar things to get traffic – link building, partnerships, blogging, adsense etc, but doing the same actions on two different sites can yield very different results.
This is a guide listing 20 practical things you should be doing to increase the long and short term value of the website(s) you own. Every item in this list can be outsourced, tracked and provides a direct return on investment.
Some of these techniques focus on increasing traffic, whilst others focus on improving conversion or adding revenue sources but ultimately, all will result in more cash, whilst you own the site and when you come to sell it.
Reading the past posts on this site could lead someone to believe that there are less than 5 places to find established websites for sale when this is far from being the case. This article ranks 35 websites that list online businesses for sale, ordered by a quality score and linking to the specific section on the site that lists what we’re looking for. This score was manually calculated and rounded to the nearest whole number for each site taking into account volume, quality and the ratio of established to non established websites for sale.
In part two of this series, I discuss the strategy behind marketing a new marketplace and aiming to acheive critical mass.
I also profile the six different customer types of people who typically buy and sell websites online, and explain the numbers that show 90% of Flippa’s revenue comes from just 20% of its listings.
This series covers in some depth exactly what it would take to build a rival ‘Websites for Sale’ marketplace similar to Flippa or Website Broker and address the strategy beyond simply building and promoting the site.
I know the majority reading this blog have no intention of ever competing with Flippa, but I hope it’s interesting reading for you, and gives a good round up of using strategy to compete in a crowded segment.
In part one, we look at the main two models and the policies you would need to adopt to ensure smooth operation.