14 {{ upvoteCount | shortNum }}
14 {{ upvoteCount | shortNum }}

Dang, SocialClerks was sold on Flippa

by Chris Silvey
12 replies
This is one service I use from time to time. I was surprised just now it was sold on flippa for a bit over 14k.
#dang #flippa #socialclerks #sold
  • Profile picture of the author TryBPO
    We've had this happen to us a couple of times. (Found out a site/service we use regularly was up for sale and didn't know about it)

    Note to self: If you're planning to sell a site/business that has customers - Make sure your customer base has the opportunity to bid on or purchase the site! :-)
    Signature
    Website Brokers - We can help you sell businesses making $500 to $50K per month.

    Free Website Valuation - How much is your website really worth? Find out here, free.
    {{ DiscussionBoard.errors[8059744].message }}
    • Profile picture of the author Chris Silvey
      Yeah , lol

      I wonder if there are more popular services like this out there.
      Signature
      WP Animate - Increases Conversions & Clicks!
      Create Amazing CSS3 Animations in just a few Clicks - New!
      WPHeadline.net - Create Blazing Headlines in just a few clicks. Updated to WordPress 4.1.1
      {{ DiscussionBoard.errors[8059804].message }}
    • Profile picture of the author netmatrix
      Originally Posted by TryBPO View Post

      Note to self: If you're planning to sell a site/business that has customers - Make sure your customer base has the opportunity to bid on or purchase the site! :-)
      Great suggestion, customers who use the site and appreciate its value will actually drive the bidding price higher for the site.
      {{ DiscussionBoard.errors[8060640].message }}
    • Profile picture of the author Thomas Smale
      Originally Posted by TryBPO View Post

      We've had this happen to us a couple of times. (Found out a site/service we use regularly was up for sale and didn't know about it)

      Note to self: If you're planning to sell a site/business that has customers - Make sure your customer base has the opportunity to bid on or purchase the site! :-)
      I wouldn't recommend trying to sell a business to your customers. Doing this has a lot of risks.

      Firstly, your customers would have a completely open book on everything you do (profit margins etc.).

      Secondly, you will increase the risk to a buyer of customers leaving when the business is sold. Any serious investor won't want to touch a small business when all of the customers know the business is for sale.

      With some businesses it might make sense to try sell to your customers (e.g. if it's a very personal business and everyone knows the owners), but it really needs to be looked at on a case by case basis.
      Signature
      I specialize in selling websites over $10,000 in value. No obligation, confidential valuation here.
      {{ DiscussionBoard.errors[8061670].message }}
      • Profile picture of the author TryBPO
        Great points, Thomas. The specific situations I was mentioning would have been perfectly acceptable as they were small niche communities...but your points ring true in other instances.

        Originally Posted by Thomas Smale View Post

        I wouldn't recommend trying to sell a business to your customers. Doing this has a lot of risks.

        Firstly, your customers would have a completely open book on everything you do (profit margins etc.).

        Secondly, you will increase the risk to a buyer of customers leaving when the business is sold. Any serious investor won't want to touch a small business when all of the customers know the business is for sale.

        With some businesses it might make sense to try sell to your customers (e.g. if it's a very personal business and everyone knows the owners), but it really needs to be looked at on a case by case basis.
        Signature
        Website Brokers - We can help you sell businesses making $500 to $50K per month.

        Free Website Valuation - How much is your website really worth? Find out here, free.
        {{ DiscussionBoard.errors[8062785].message }}
  • Profile picture of the author ChristinaT
    I've purchased several sites from Flippa, and almost every site that I've purchased has had an ad on their website indicating that the site is for sale on flippa. I think that a lot of people are so tuned to ignoring ads that they don't even see it.
    {{ DiscussionBoard.errors[8060661].message }}
  • Profile picture of the author Josh Monroe
    I don't know why, but for some reason I thought that established sites in this "niche" would be generating higher revenue than the current average of $1,300 per month.
    {{ DiscussionBoard.errors[8060816].message }}
    • Profile picture of the author CyberAlien
      Originally Posted by Josh Monroe View Post

      I don't know why, but for some reason I thought that established sites in this "niche" would be generating higher revenue than the current average of $1,300 per month.
      It completely depends on the business model with social media. The problem is that when you offer something for free and give the option to buy, most people don't take you up on the option. It's much cheaper to just get a bot to automatically earn you points on social media exchange websites than actually buy points directly from the website itself.
      {{ DiscussionBoard.errors[8060929].message }}
  • Profile picture of the author aaaa33030
    SocialClerks is useful unless you are an upgraded member.
    I joined socialclerks a few weeks ago and none of my points have been used up.
    Signature
    Perpetual Income 365
    {{ DiscussionBoard.errors[8060933].message }}
  • Profile picture of the author yanl
    I recall, it was mentioned somewhere during the purchase they did have a notice on the top header to notify people it was on sale. I could be wrong, didn't verify it.
    {{ DiscussionBoard.errors[8060944].message }}
  • Profile picture of the author aaaa33030
    The person who bought it hasn't updated the site as yet because the "SocialClerks is for sale, Bid Now!" notice is still there in the header of the site
    Signature
    Perpetual Income 365
    {{ DiscussionBoard.errors[8061000].message }}

Trending Topics