Review This Site

[PTC]

OK, so nobody wanted to buy this site, I wanted a lot of money, but since nobody even really inquired i get the impression you all think this site sucks. Would appreciate your advice on what I should do here. I have some plans for new content Im getting ready to focus on but Id like some opinions. I know Ive been here and at PAW for a while, but Im still broke so I think im allowed to post in the newbie forum right?

EDIT; thanks for your help everyone. This URL has been removed, you can PM me if you really want to see it.

[thefarang]

Well not to put too fine a point on it, if I remember your original listing you were asking way too much for the site compared to its earnings. I think for the most part we're all investors here. If you ask for a huge overvaluation based on your emotional attachment to a site then you're probably not going to get a lot of interest. It doesn't mean they don't like the site. It's just too expensive.

I like my site and I get a lot of emails from members of this site saying they like my site but if I were to ask $1,000,000,000,000,000,000 just because I had an emotional attachment to it I wouldn't get much interest either.

No need to review the site. If you want to sell it, go to the model that everyone else seems to go with 1 - 1.5x annual revenue.

I mean, you stated in your listing that revenue for 2009 was $450 so let's assume that you double that for the year to $900. Hell, let's make it $1000 even to keep the math simple. You set a reserve price of $4500. That's 4.5x annual revenue. That's not a very realistic valuation when the rest of the industry is going for 1 - 1.5x.

[PTC]

Well not to put too fine a point on it, if I remember your original listing you were asking way too much for the site compared to its earnings. I think for the most part we're all investors here. If you ask for a huge overvaluation based on your emotional attachment to a site then you're probably not going to get a lot of interest. It doesn't mean they don't like the site. It's just too expensive.

I like my site and I get a lot of emails from members of this site saying they like my site but if I were to ask $1,000,000,000,000,000,000 just because I had an emotional attachment to it I wouldn't get much interest either.

No need to review the site. If you want to sell it, go to the model that everyone else seems to go with 1 - 1.5x annual revenue.

I mean, you stated in your listing that revenue for 2009 was $450 so let's assume that you double that for the year to $900. Hell, let's make it $1000 even to keep the math simple. You set a reserve price of $4500. That's 4.5x annual revenue. That's not a very realistic valuation when the rest of the industry is going for 1 - 1.5x.

My assumption was that that most of you are smarter than me and could probably make a ton more money with this site than me. The blog is poorly monetized and it gets almost 10K visits... surely someone who is well trained could figure out a way to make more money from this.

[PTC]

No need to review the site.

Thanks and all, but id still appreciate some advice from others before you put an end to my thread. I mean if it's a sick site that needs no advice I appreciate, but I don't think that's the case because the site doesnt make a lot of money

[thefarang]

My assumption was that that most of you are smarter than me and could probably make a ton more money with this site than me. The blog is poorly monetized and it gets almost 10K visits... surely someone who is well trained could figure out a way to make more money from this.

Well, why would someone smarter than you pay three times what the going rate is for similar websites?

That's how smart people make money. They buy a site at 1 - 1.5x revenue and then put that time and effort into it to get the revenue up so they make their money back faster. Or they double the revenue and then sell for the same 1 - 1.5x.

Your pricing made it impossible for anybody to make a profit. You were basically saying "Hey, I don't know what to do with this website but you do and I would like to get a valuation that takes into account all the hard work you're going to be doing after you buy it."

[PTC]

farang, I was looking for help here, not an argument about what this site is worth. I started this thread my acknowledging why this site didn't sell so you are wasting your finger cartilage and jermey's bandwidth.

[pokerworx]

I had a look at the site and im not even nearly good at this stuff yet but just from the name and the visits, theres a program called pokeredge, I cant remember if its subscribe or buy but either way with that name you could do a good review to try sell that product and make money that way I remember starting out playing I looked for these kinda tools all the time.(Have you ever bought texas calculatum?)

If its buy outright you could do cpa deals an offer it free to your visitors if they meet the cpa standard. Im sure they will looking for tools to be better so they would be higher value than the 1 deposit guy. And from all them visits you could sell advertising to look at the market place here loads of links for sale for good money.

[thefarang]

farang, I was looking for help here, not an argument about what this site is worth. I started this thread my acknowledging why this site didn't sell so you are wasting your finger cartilage and jermey's bandwidth.

No need to worry about my fingers and I'll take things up with Jeremy if the bandwidth is an issue.

But that being said YOU DID SAY:

OK, so nobody wanted to buy this site, I wanted a lot of money, but since nobody even really inquired i get the impression you all think this site sucks.

So let's break that down into a logical branch:

Nobody wanted to by my site = everyone thinks your site sucks

All I'm trying to do is point out that you've made a faulty conclusion. People didn't bid on your site because you were asking an insane amount of money.

I'm sorry if you feel that isn't being constructive but if you've got faulty assumptions you're going to get faulty results.

Now, if you want someone to review your site that's fine. But to be honest I can pretty much sum up your problem very easily. In your for-sale listing you say:

Was ranking around page 3 for terms like "poker site reviews" "poker sites" "online poker sites" on google. Not ranking as well this week. Pages 3-5 now.

Sound like a pretty basic keyword research 101 error. These are all highly competitive terms. The people ranking high for these are spending a lot of time, effort, and money to rank well. Unless you are willing to do the same then you won't. And even if you do, there's no guarantee.

Better off to rank well for longtail keywords that convert if you're just staring out and/or on a budget.

[PTC]

Sound like a pretty basic keyword research 101 error. These are all highly competitive terms. The people ranking high for these are spending a lot of time, effort, and money to rank well. Unless you are willing to do the same then you won't. And even if you do, there's no guarantee.

Better off to rank well for longtail keywords that convert if you're just staring out and/or on a budget.

Thanks for these comments. This is true to some extent, Im also not going to list the less obvious terms I have pages ranking for in a sales thread and Im sure you can understand this. As far as research, I think I did the best kind of research you can do. I asked PAL and I think those words were suggested randy ray. Those keywords were chosen for a strategic time horizon and I am satisfied with my progress. I suppose Im just impatient so I made that sales thread.

[Unknown Webmaster]

Let me just get this straight before I look at the site.

It has 10k visitors/month and are making 450$/year?