Search Results for ‘buying websites’
I just finished reading a great book called Rich Dad, Poor Dad by Robert T. Kiyosaki. And I thought that I should write about the financial intelligence of some webmasters.
Many of the people that daily are active in the buy/sell website forums, they have understood what it is all about. They are financial intelligent, so to say.
Here’s the reason for my statement:
- They are always on the looking for good investments
- They buy websites for the revenue generated by their websites
- They improve the websites to generate higher revenues
- They sell websites for more than they were bought for
This means that they constantly improve their cash flow by improving their website portfolio. And thereby become richer every day. The webmasters are not working for money anymore, the money are working for the webmasters.
Considering that websites typically sell for amounts around 12 months of revenue, this is also a very attractive market. If you’re constantly buying new assets for all the revenue generated by those you currently own, you’ll be experiencing an amazing growth.
Also remember that if you have a corporation for your business you won’t have to pay much in taxes (maybe even nothing) because you get tax deductions for your purchases / investments.
Of course webmasters don’t have to invest in new websites, they can just as well invest in the growth of their current websites.
Tags: website assets, online investment, website investment, website cash flow
April 20th, 2006
I honestly believe that there is too many webmaster communities for sale at the moment. There is like a new one up for sale every day. And almost everyone of them are very small with few visitors, members, posts, articles etc.
Why do some people create these, and why is there other ones buying these, when there is already a lot of large and very popular webmaster communities? It is really hard to bring something new to this area, and almost just as hard to create something as good. To succeed in creating a good, large and profitable webmaster community you would have to be blessed with some amazing marketing skills.
I think that the main reason for this, is that most of the people creating websites are into webmastering. So it is the obvious thing for them to create since they know about it. The people buying these communities are probably in the exact same situation.
This is what I found of webmaster communities for sale, by browsing about 10 days back in some forums.
And then there is this thread where someone wants to buy such forums for their userbase - which makes it pretty clear that it is hard to market such a site and get users. But this guy might be on to something - in some cases it is cheaper and easier to buy other sites to merge with your own than through organic growth.
But as stated I believe there is too many of them for sale. But they are certainly not the only kind of sites that there are too many of being for sale. I also see small image hosting and arcade sites for sale almost everyday.
Tags: webmaster, web development, webmaster community
February 27th, 2006
If some of you are browsing forums and other sites looking for potential website investments, then I would guess that you look into the details for some of them.
Some times you have noticed that not everything seems right. It could be that the stats are manipulated. Maybe some parts of the website is copyright by someone else than the seller. Or it is that there is just something of general interest to potential buyers that you know, and they might not.
Then what do you do…
- Close the browser window and move on?
- You post it for everyone to know?
In most cases - if I find it being important - I will let everyone know about it. And I have my reasons to believe it is the better thing to do.
- I see other website buyers as colleagues, and real people, so I don’t like them to get ripped of. Getting the best deals isn’t a war between me and them. If I help them they will hopefully also help me. This not only being to warn me about risks, but some might even “get to know me”, and tell me if they see something of my interest for sale.
- If what I point out is indeed a mistake by the seller, he will apologize and clear things out. Now the sale can go on and everybody knows that the seller is a nice guy, who is just as human as you and me.
- In case I’m wrong, and what I point out as “not being right” is actually correct. Then I will apologize and let everyone know that I was wrong, and help the seller to repair it, if damage has been caused.
Tags: buying websites, website scams, trading websites
February 25th, 2006
DNJournal provides us with a comprehensive list of domains that sold in 2005. The list includes price, date and where the domains sold. Domains that are listed has sold for prices of $10,000+
It is pretty interesting to look at the domain list to get a better idea of potential domain value, which should also be taken into consideration when buying (and selling) websites.
Via Google Blogoscoped
Tags: domain names, domain prices, buying domains, domain value
February 23rd, 2006
I just read a thread on DigitalPoint, where some users point out, that some guy that has been bidding up his own auctions using multiply user accounts. Numerous other users has ended up paying more for websites than what they probably had sold for.
It is a shame that such things go on, but it will probably always be like that, and it is really hard to catch such cheaters in time. So it is an obvious example of buyers to consider what they want to pay for given website, and stick to that. Don’t think that you’re missing out on something because there is several other bidders competing. Do your own valuation and do only buy for less than the value you conclude.
If you want to buy sites on auction and if you want the bidding to be real, then it is just because you want to make steal and buy it too cheap. Nothing wrong with that, but then you’d have to expect some people to try and drive up the bidding.
Tags: buying websites, auction bidding, auction cheat, shill bidding
February 22nd, 2006
There is an “amazing” deal at DigitalPoint. Someone is selling a website with 4000+ daily uniques and a $10 - $20 daily revenue. It is for sale for just with a BIN at $200 or best offer. That is less than 20 days of revenue, so I think that there has to be a catch, or is this guy just desperate to get $200..?
“When something sounds to good to be true, it probably is”, but I can’t find the exact thing. I have some quick thoughts of potential risks, but I can’t tell for sure.
The risks that came to my mind was:
- Framing other websites isn’t always accepted, and there could be legal threats.
- There could be legal issues with BitTorrent search engines. Even though it “just” uses other search engines.
So would you consider buying such a website, maybe even that one?
Update: It seems like he has just edited the thread, and the BIN is now $300.
Tags: bittorrent search, website risks, webmaster risks
February 21st, 2006
There is a tabs website (guitar, bass and drums) for sale at DigitalPoint (and NamePros). The website is hottesttabs.com and it should be receiving 5500+ uniques a day, according to seller.
There are stats and revenue screenshots in the thread, and it all seems pretty good. And I believe there is potential for improving the Adsense revenue from the website.
The bidding starts at $2600 and there is a $6000 BIN. I’m not sure it is worth $6000 since that is around two years of revenue. But of course there is the chance of buying it for less since it is an auction.
But potential buyers should be aware of potential legal issues. I’m not sure that there are any, but I recall some previous cases about lyrics and tabs websites.
Tags: sell website, tabs website, website traffic, website revenue
February 17th, 2006
I just bought another website today. It wasn’t anything special except from being in direct competition with one of my other sites. So I bought it immediately and cheap! But something happened that made me think about important things to tell the seller when buying a website.
What happened was when the seller should download and send me all the files. Before he downloaded the files he changed the config files, so that his password for the webserver wouldn’t get into my hands. This isn’t a wrong thing to do - not at all! But it had a side-effect, which was that the website only gave a MySQL error, when trying to access it. I e-mailed him and asked him to correct it, and I also asked him to keep the website running for yet a couple of days. He kindly fixed it and agreed to keep the website running!
What then came to my mind, is that I just expect a seller to keep the site running for a couple of days, until the DNS changes etc. has come to effect. And I guess that some of you also would expect it. But he didn’t, so in the future I need to remember to inform the seller about such expectations.
Tags: website transfer, buying websites, domain transfer
January 25th, 2006
