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Interesting site.
Please can you show proof of:
* traffic
* revenue
Admin Area Functionality
* How automated is the site? What sort of admin controls do you have?
* What does the page buyer admin area look like and what functionality does it have
If the site has such great revenues, why are you only selling it for $5,000?
There is no admin area. You can log in as a master user and delete any pages you want, edit any page, and create any new page.
The page buyer does not have an admin area either, they just log in, and access to their specific page is granted
I am not selling it for $5,000. If the auction ended today, I would not accept that price. The reserve is much higher.
As for proof of traffic and revenue, I will upload some photos to go with the auction
Traffic and revenue screenshots posted. Right now, the sales are processed manually, which is a simple task. I always paid a friend or family member to do it. For a few hundred dollars, you could pay any php developer on rentacoder.com to automate everything.
Also, as stated above, the reason I am selling is to raise capital for my new project, Entrecard.com
Entrecard.com is very cool. You've done an awesome job.
Graham, that's a very nice site and I have a few questions:
Based on your analytics report you get less than 1000 pageviews a day (november 2007).
Could you please explain how that could possibly translate into Alexa Rank 12K?
It'd also be helpful to see the traffic stats for the months matching your $$ snapshots.
e.g. it'd be useful to see the $$ reports for November, which would probably reflect the
current state of things for the potential buyer and make it easier to evaluate the potential price.
I appreciate your answers.
Graham,
Could you post the last several months worth of site statistics as well as revenue? Would you give us a BIN price?
re: Alexa Rank
The Alexa Rank was earned when we were getting much more traffic from August to October. You can see for yourself the Alexa Chart:
http://alexa.com/data/details/traffic_details/milliondollarwiki.com
However, our rank has remained at 12,909, and it needs someone to start promoting the site to get the daily rank back to its former glory. It's daily rank comes in anywhere from 50-80k.
I am uploading a shot now of the stats for its peak months.
The site earned $2,000 in November, dispersed evenly throughout the month, the most recent sales were on Friday, November 30th, and two pages sold.
I can tell you that in November it sold $2,000 and in October it sold $3500, and in September it sold $40,000.
The difference is that in September, I was promoting it relentlessly, and in October and November, I stopped effectively promoting it. So it needs someone who can put in 110% effort with a fresh perspective and solid strategies to return it to its former glory as a cash machine.
How much do you want for it, to end this auction now?
Yes I would also like to know a Buy It Now price, please.
BTW, EntreCard is totally awesome, I wish you the best of luck with that project, it will catch on and take off for sure!
I would seriously consider ending the auction now for $25,000.
It would be sold for 30.
Other than that, I will think long and hard about the highest bidder, whatever it is, at the end of this auction.
Graham,
Interesting stuff you have come up with. I have a few concerns.
1. I am not able to see the Million Dollar Wiki when Goggling it. How can this be explained with such a great Alexa ranking?
2. Does selling the site allow the current page owners to opt out?
3. Can you describe more about the assistance you will provide during the transition period?
4. If the site was able to generate 40,000 in revenue in one month, why are you willing to sell it for $25-30,000? Is there more to this business than what meets the eye?
Reply:
1. I am not able to see the Million Dollar Wiki when Goggling it. How can this be explained with such a great Alexa ranking?
Yes, it was all from word of mouth and buzz marketing. Currently, MDW is not high on Google Rankings because so many people invested in pages, and left them as "Under Construction" and Google didn't like all the duplicate content. All you would need to do, I presume, to return it to normal Google standing, is create a robot.txt file to have Google skip over all the duplicate pages automatically.
2. Does selling the site allow the current page owners to opt out?
No, all the current owners will be the existing owners after the transfer. This is part of the deal. Every owner remains intact. Non-negotiable.
3. Can you describe more about the assistance you will provide during the transition period?
I will work closely with you to get you situated. I will show you how to do everything that is required with the site, every task and responsibility that I did to make $100k. I will help you get your Google Checkout and Paypal account plugged in, I'll help show you how to do everything with the wiki site, process sales, etc. etc. However, I will not help you add features, build out on the site, or anything like that.
4. If the site was able to generate 40,000 in revenue in one month, why are you willing to sell it for $25-30,000? Is there more to this business than what meets the eye?
No, the answer is I don't know how to make it generate $40,000 anymore. I know its capable of it, because I paid top bloggers to talk about the site. However, those bloggers already talked about it, and I'm out of ideas. I know that its possible, there are plenty of people out there who haven't heard about Million Dollar Wiki yet who would certainly buy pages. I just don't know how to effectively market to them, nor do I have the time to invest in exploring these possibilities.
this is like web hosting site for $100 that end in 2012 since you guarantee the site will be up until that year.
It is more of a combo domain registration + hosting. People buy the page, like the "Auction" page for example, and then own it just like they own a dotcom. They can sell it, put up whatever they want, and we host it.
The whole site is up for 15 years, (14 years left this june) and then after that everything is null and void, but the new owner can keep it up if they are still making money from it.
This site could easily be expanded to other languages and cash in again and again.
Does this purchase include your other paid wiki site: http://onebuckwiki.com
I would assume that it would be competition for you to keep that site which is the same concept just a cheaper page price...?
I'm not sure where you got the idea that I own onebuckwiki.com. I do not own that website, so obviously it is not included in this auction.
sorry, i just saw entrecard on that site and assumed it was yours
Nope, there is an Entrecard extension for MediaWiki that the owner of that site wrote, so we both shared it.
did you custom code the site? what language is it in? did you start from a script?
thanks
The site is built with MediaWiki, which is easily customizeable. I customized a basic install of MediaWiki.
Is there a maximum number of pages on the site/how many can you sell? I am assuming this is limited by the space on the server?
Who comes up with the names: you or the user?
There is no limit to the number of pages that can be sold. The current server its on can hold 350,000 pages, and space on a server can always be increased.
Currently, I come up with the names. However, if you paid a developer on rentacoder.com $200, the whole process could be automated where the buyer comes up with the name.
Hi Graham,
Have you sorted out the issue with search engine robots not being able to index framed pages? I did a check at http://www.xml-sitemaps.com/se-bot-simulator.html and out of all the paid wiki sites MDW is the only one without any internal or external links. Is there an better way to get the robots to traverse the site? and therefore help justify the price tag?
I just looked at the payment images, they don't show a constant $90 to $100 activity, this revenue looks like it is a total of many activities and xfers to and from a bank account. Can you your show just the Wiki activity so we can see the constant flow of money? thanks
The revenue shown above is just the Wiki activity. I have had no other revenue generating businesses.
Again 100% of the revenue in the photos above is from Million Dollar Wiki. If you are a serious bidder, and would would like to see pages upon pages of $100 transactions because you don't beleive me, email me and I will screen capture 10 pages of transactions for you. The reason I didn't do it is that its a pain to go through and blur out everyone's email adrress and who the money came from.
As per the IFrames and the robot issue, no, I haven't sorted it out. The winner may need to pay someone at rentacoder.com a hundred bucks to sort it out.
But honestly, the income potential of this site is tremendous whether or not search engines index the content of the pages that are using IFrames.
the google analytics attached above seem to be for a site called associary.com, not milliondollarwiki.com ... comments?
You appear to be unfamiliar with Google Analytics.
With Google Analytics, you can have multiple websites on just one single Account.
So, with my associary.com account, I can actually track the analytics of all of my websites.
Does the Alexa for associary.com look like its received that kind of traffic?
http://alexa.com/data/details/traffic_details/associary.com
The analytics pictured in this auction are for MillionDollarWiki.com. I figured that was pretty clear.
See how on the top left it says "View Reports: MillionDollarWiki.com" and then on the right it says "Analytics Account: Associary.com"
Until a few days ago, the MDW was showing only 1050 or so pages shown and there hadn't been a page sold for over a month. How did 20 pages get sold in such a short space of time? Are they legit?
Yes, they are all legit. I decided to do one update at the end of November. The update isn't currently automated, though it easily could be, rather I do it manually.
I won't be updating it again until the end of December. Then if the site has been sold, it will be the new owners responsibility to update the count however frequently they choose, or automate it if they decide.
How much are the hosting expenses? I would think you need dedicated server to host this.
I think you'd need dedicated server for this.
MediaWikis need a fast processing power, I'd recommend at least a Quad-CPU, nothing less if you are serious.
mhm i have a question: if you don't know how to make it produce money anymore doesn't that mean that the training you're supposed to provide, will be containing infos with what you did, and resources you already exhausted?
If you were logged in you could post a question.
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