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: Website Revenue Strategies BlogThe Web Site Flipping World Championships
Why should Olympic athletes have all the fun?
If you’re a regular in our marketplace then you’ll want to keep an eye on this competition — the World Championships of Web Site Flipping are happening (a first for the site flipping industry, I believe), proudly sponsored by SitePoint.
Check out all of the contenders that have been spotlighted on the site — nothing really in there to suggest the talents of these flipping warriors, but fun if only to put some real faces to names in the site flipping industry.
There are a stack of prizes on offer — up to $20,000 worth, and that includes a copy of SitePoint’s Web Site Revenue Maximizer kit.
Watch the SiteFlipAcademy blog for more details as they come.
I’m a bit late reporting this, as the date for registering to compete has passed.Chaunna from SiteFlipAcademy informs me that it’s not too late to register and be involved. “You have until July 12th to flip like crazy and the score cards (that you’ll receive in the contender kit) need to be submitted by the 16th.” So if you’re interested in getting involved, get flipping!
I love you Mr AMD Opteron Dual Core!
The critical importance of performance in generating traffic to your site is something that you learn very early in your online education. But as your site grows and things become more complicated its true value can often become clouded. So easily are you seduced by more fun and interesting considerations such as functionality, usability, aesthetics, and interface design.
But here’s one simple reason why you can never EVER forget why site performance is so important.
In the last few weeks we’ve upgraded our our blogs and moved our forum to the latest version of vBulletin. Very quickly our sys admin became concerned with the growing pressure on our servers. I’m no expert, but even I could see the dramatic shift in some of the utilization graphs I was shown…
The tipping point was Wednesday and we raised the priority of some longer term plans as well as implemented a quick upgrade to our server hardware (a couple of shiny new AMD Opteron Dual Core CPU’s.)
The effect was instantaneous and dramatic. Our response times were better than before the upgrades…
Result: The next day, bang, a 33% increase in our forum traffic!
So you can search …
The SitePoint Web Of Fortune
We’ve all heard the stories of everyday people turning small sites into a healthy income that have allowed them to quit their day jobs and enjoy lives of online entrepreneurship.
But if you’re yet to find that killer strategy to earn a profit from the Web, I’d like to introduce you to a brand new product that’s going to make your journey to online prosperity simpler, easier, and oh so much faster…
The Web Site Revenue Maximizer
By Peter T. Davis & Georgina Laidlaw
Niche sites with the right content and monetization strategy are extremely valuable assets and this new SitePoint kit will walk you through, step-by-step, how to generate profit from the Web. You’ll learn from the pros just how easy it is to plan, build, and earn a steady income from your online portfolio.
Then, when you’re ready to cash out, you’ll learn how to flip your sites for profit.
It doesn’t matter if you’re new to the Web, or you already own a couple of sites. You’re sure to find some amazing nuggets of wisdom which will ensure this kit pays for itself again and again…
Here’s a just snippet of what you’ll learn:
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Checkmate—There’s Money In Online Games
CrowdChess.com is a high profile social gaming site that has received a fair bit of media coverage lately.
Well, the site is now for sale with a minimum bid of $50,000 and a Buy It Now price of $100,000.
While the concept of playing chess on the computer is not new, what makes CrowdChess different is its approach to team games — rather than your standard one-on-one fare, games of chess are played by groups of people who vote each hour, digg-style, on the next move to be played. In what some consider to be the ultimate duel of the mind, this popular web application is also the ultimate test of whether the “wisdom of the crowd” can improve or hinder the decision-making process.
In fact, the featured game on CrowdChess at the moment is between Grand Master Gawain Jones and everyone else. By that, I mean that literally anyone can become part of the team and cast votes on the moves made against this high profile opponent. If you’d like be to be part of the team that defeats (or loses to) a grand master, it’s not too late to get in on the action.
CrowdChess’s sellers are offering …
5 sure fire ways to make yourself look like an idiot
When you’re presenting direct offers to customers either through direct mail, email marketing, telemarketing or door to door sales, here’s five sure fire ways to ensure you’ll never make a sale…
Send your customers an offer they can’t accept
There nothing quite like sending a customer a letter, or an email with an offer so wonderful that they’re ready to buy. Only to find out “sorry - we don’t ship there” or “that service isn’t available at your address”. Don’t make promises you can’t keep!
Give customers a call to action that doesn’t work
The main purpose of a direct mail piece is to get a customer to act. That action might be to click a link, visit web address, or dial a phone number. If your direct mail achieves that – its done its job. So when that action is completed, you better be ready for it! Nothing converts quite like a 404 page or a phone number that’s disconnected.
Send your customers better deal on a product they already own
Talk about rubbing your customer’s noses in it. These days people are aware that offers change over time. How many of us have bought a TV, only …
The Ultimate Money-making Blog Smackdown
In the MMO world (that’s an acronym for Making Money Online, for the rest of us), JohnCow.com and GarryConn.com are both notable blogs.
As is the case with many markets, online and off, there exists a healthy competition between the owners of these two competing sites. And as is often the case with individuals who enjoy talking about the money they make, this translates into a bunch of trash talk, teasing and a fair amount of back-and-forthing. For the readers of the blogs, this is no doubt highly entertaining, and probably drives traffic to both sites in question.
This latest stunt caught my attention — a competition to build a blog from scratch in a designated niche in 30 days, and see who can sell it for the highest price on the SitePoint Marketplace:
Instead of seeing who can make the most money with the blogs, lets invest 30 days into developing, marketing and building the blog and then list them for sale in SitePoint and see who can get the highest successful winning bid on selling it? The person who can sell their niche blog for the highest amount in a NO RESERVE Sitepoint auction wins the game. Both …
Determining the TRUE Value of a Web Site
Today we published the article What Is Your Web Site Worth? on SitePoint, written by our own Georgina Laidlaw.
While it’s targeted at site owners who may be looking to sell their web sites, it’s equally as useful for buyers who are in the market to make a purchase, but have yet to gain experience in determining the true value of a web site.
SitePoint set out to find something approaching a clear answer on site valuation. We asked several experts — people who have, for years, made their livings online, and have first-hand experience buying and selling web properties of various types — for their insights into the web property market, and for tips and advice on valuing sites.
The article is well researched and not only includes expert advice gleaned from interviews with many successful online entrepreneurs (including many names that you may recognize from around the SitePoint Forums), but also includes graphs based on statistics from the SitePoint Marketplace. In fact, as far as I’m aware, it’s the most comprehensive collection of advice available on the topic.
So if you’ve been monitoring the marketplace and are thinking about diving in (either as a buyer or as a seller) …
Marketplace Madness: Two Categories Now FREE!
We’ve just started a 60 day trial period with offering two of our categories completely free of charge. The Trade Your Services and Want to Buy categories can now be listed in at no cost, except for any optional upgrades you may choose to apply.
The limitation is that listings placed in these categories will only be visible on the front page if the “Listing featured on front page” upgrade is applied. Listings will always be displayed within the category page as usual.
Enjoy the freebies!
Google Adsense Trialed on Yahoo!
Yahoo! is currently running a two week trial of Google’s Adsense on 3% of its US search results. The trial is seen as an investigation into the prospects of a long term partnership between the two companies. The core idea, (according to Yahoo!) is to exploring strategic alternatives to maximize stockholder value, but is it really?
Or is this just game playing with Microsoft? Perhaps to boost perceived company value or to allude at the creation of an advertising monopoly with Google. What ever the aim — Microsoft’s General Councel, Brad Smith has responded by posting this comment:
Any definitive agreement between Yahoo! and Google would consolidate over 90% of the search advertising market in Google’s hands. This would make the market far less competitive, in sharp contrast to our own proposal to acquire Yahoo! We will assess closely all of our options. Our proposal remains the only alternative put forward that offers Yahoo! shareholders full and fair value for their shares, gives every shareholder a vote on the future of the company, and enhances choice for content creators, advertisers, and consumers.
Interestingly — Microsoft are complaining about the market becoming less competitive. Surely that’s a case of the pot calling the …
The Web’s $100 Million Secret Economy
In a market that’s set to top $100 million in 2008, the SitePoint Marketplace has been independently ranked the #1 source for buying and selling web real estate.
Jon Wheatley has begun producing monthly stats on the average prices of sites sold on some of the more active online marketplaces:
I had a script developed that crawls the content of some of the most active website marketplaces and grabs the sale price of each web property sold. I then took that information and created some average figures.
Wheatley compared web site marketplaces in terms of their average listing prices and overall dollar volumes, with the SitePoint Marketplace ranking 900% higher than its closest competitor.
The analysis showed that sitepoint.com had a total of $3,911,992 worth of listings between 495 individual auctions during the month of February, with an average listing price of $7903 per auction, compared to $805.73 for the next closest competitor. In fact, the SitePoint Marketplace’s listing prices totalled $3.9 million for February alone – more than all the other competitors combined.
If you haven’t started dabbling in online real estate, there’s never been a better time to do some reading and get your toes wet.
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