PR4 G34Media.com 230 In Revenue BIN Bonuses Blogging Tips Niche

Questions 17 public, 1 deleted

1. 

   Posted by:

   chicagocubsfan (+10)

   Date:

   Fri, 21 Nov 2008 05:21:54 GMT

   Site has been verified. Let me know if there are any other questions. Thanks!

2. 

   Posted by:

   hooperman (+6)

   Date:

   Fri, 21 Nov 2008 08:32:27 GMT

   The $230 / month you claim for revenue - did this happen only in August? What was September's and October's revenue?
   Can you post screen shots of your traffic sources, please?

3. 

   Posted by:

   chicagocubsfan (+10)

   Date:

   Fri, 21 Nov 2008 16:42:11 GMT

   Hi, Hooperman. Thanxs for your question. Yes the revenue received was in August, as stated above in description. There was only some small Adsense revenue in September and October. I have since removed it and added in affiliate banners. A wp theme referral for $10 has been obtained, along with some other small referrals. It wasn't much, this is why i didn't include in total.

   Screenshots of traffic sources has been added. Let me know any other questions. Thank You.

4. 

   Posted by:

   hooperman (+6)

   Date:

   Fri, 21 Nov 2008 17:00:53 GMT

   Thanks for the screenshot.

   So monthly revenue isn't $230. You can't just pick one good month in the site's history and present that as monthly revenue. That's misleading. The auction description gives the impression that this site makes $230 / month. It doesn't.

   In the good month you mention site sales. How much of the $230 were they worth and in what way were they attributable to http://www.g34media.com/? I couldn't see a 'site for sale' section on the site.

   The 37% referrer traffic - is that mainly from blog commenting, or another source?

   Thanks again.

5. 

   Posted by:

   chicagocubsfan (+10)

   Date:

   Fri, 21 Nov 2008 17:55:00 GMT

   Hooperman: There is no entry field for total revenue, only an entry field for monthly revenue. This is why i explain in the description that revenue was in the month of August. The listing page gives us room for further explanation. This is what i have done. Please read auction description again, i explain everything.

   The 37% referrer traffic is from digg, stumble upon, twitter, other blogs, and yes commenting. But mostly the referrer traffic is from social media sites. If you're a serious buyer, feel free to ask any other questions. Thank You.

6. 

   Posted by:

   hooperman (+6)

   Date:

   Fri, 21 Nov 2008 19:32:19 GMT

   It is misleading to state that your monthly revenue is $230 when this happened *once* 3 months ago and the site made $0 in September, $0 in October and only $10 so far in November. Why not change the description to state a revenue of $0 and then explain what happened in August. That would be more accurate.

   Also, how much revenue did the site make in the preceding months?

   In the one good month the site had, you mention 2 network site sales. How much of the $230 were they worth and in what way were they attributable to http://www.g34media.com/? I couldn't see a 'site for sale' section on the site.

   Thanks.

7. 

   Posted by:

   chicagocubsfan (+10)

   Date:

   Fri, 21 Nov 2008 19:55:25 GMT

   Hooperman: Have sent you a PM.

8. 

   Posted by:

   hooperman (+6)

   Date:

   Sat, 22 Nov 2008 09:32:47 GMT

   chicagocubsfan, I haven't yet received a pm from you.

   I'm quite interested in those site sales and what part G34 Media played in them, though, if you could divulge.

9. 

   Posted by:

   hooperman (+6)

   Date:

   Sat, 22 Nov 2008 19:10:19 GMT

   Let me rephrase the question: why is the revenue from those site sales attrbuted to G34 Media and not you personally? If *you* owned those sites, surely the money made on their sale is your personal income, not G34's revenue. Unless, of course, you're running G34 as a company that employs you and pays you a salary and *it* owned the sites, but then it becomes more complicated.

   Also, you present the revenue from those sales but mention nothing of the associated costs i.e. what you originally bought those sites for and how much time and money you invested in them before selling. You need to present both revenue AND costs for anyone to make a fair assessment of this site's value.

10. 

    Posted by:

    chicagocubsfan (+10)

    Date:

    Sat, 22 Nov 2008 19:27:57 GMT

    Hooperman:

    If you're truly interested in the site, send me a PM.

11. 

    Posted by:

    chicagocubsfan (+10)

    Date:

    Sat, 22 Nov 2008 19:56:58 GMT

    Hooperman: No i will not answer your queries here. If you're interested in the site, please place your bid. If not, then move on to another auction. I have already answered you. Stop wasting my time. Thank You.

12. 

    Posted by:

    hooperman (+6)

    Date:

    Sat, 22 Nov 2008 20:02:23 GMT

    As far as I can see, the money made from your site flipping endeavours should not be attributed to G34's revenue.

    *You* found those sites to buy in the first place, *you* assessed their value, bought them, developed them, marketed them and then sold them. This is revenue earned by your efforts, not G34's. To claim revenue from those sales as belonging to G34 is wrong, unless I'm missing something.

    I'm interested in your site. I'm just trying to separate the revenue earned by you, from that earned by the site.
    I can't value the site until I've done this. Unless you come with the site :-) Also, knowing ALL the costs incurred will help (i.e. cost of those sites when you bought them, how much time and money you invested).

    Also, could you give me a breakdown of revenue earned from all sources, please. The $230 sum total makes it hard to know which source made which amount.

    Thanks very much.

13. 

    Posted by:

    chicagocubsfan (+10)

    Date:

    Sat, 22 Nov 2008 20:33:16 GMT

    This is my last official response to you. The sites were not found or bought. I create all my sites. Nothing was bought. The $230 in revenue was as follows: 3 blog reviews $60, small site sale $45, another site sale $125. If you take a close look at my Paypal screenshot above you will see that the items not covered equal the $230.

    Thank you.

14. 

    Posted by:

    hooperman (+6)

    Date:

    Sun, 23 Nov 2008 10:38:30 GMT

    Thank you chicagocubsfan. Can you now tell me what the costs were so I can work out the real profit. How much time and money did you spend on the sites you sold? Also, how much time did you spend on the blog reviews? When I know these costs I will deduct them from the $230 to get a better idea of what the profit is. I need to know this because I don't want to buy a site that is making a loss.

    I'm still not sure (as you haven't yet explained) why you attribute your 'site flipping' revenue to G34 Media and not your own personal income. Did G34 facilitate the sale in some way? You understand why I need to know this: if G34 was not involved in those sales, I won't include them in its revenue.

    Thanks again chicagocubsfan.

15. 

    Posted by:

    wisewebdesign (+3)

    Date:

    Sun, 23 Nov 2008 16:09:56 GMT

    Hooperman,

    If you look on the About page on the site you will see a list of sites that have sold and sites currently available for sale. It looks as if she is using the site to advertise/facilitate the sales of the sites.

    Of course she personally profited from the sale of the sites. That's the purpose of all monetization . . . profit for the site owner.

    What time and effort did she put into it. All sites take some effort. It takes effort to write blog posts. It takes effort to get traffic. If creating and selling sites is too much effort for you then choose another avenue of monetization.

    If you choose to follow that revenue model then it is already set up for you and you just have to plug in any sites that you have created or purchased for resale. The traffic is there, it's up to you to take advantage of it.

16. 

    Posted by:

    hooperman (+6)

    Date:

    Sun, 23 Nov 2008 16:34:41 GMT

    What I'm concerned about is whether revenue made through personal efforts selling sites on Sitepoint/DP/etc has been wrongly attributed to G34, simply to inflate the site's revenue figures. I suspect that the revenue made in site sales has nothing at all to do with G34. She can't simply flip 2 sites and claim the proceeds as G34's revenue any more than I can claim the money I make from selling my unwanted gifts on ebay as my website's revenue.

    If G34 was instrumental in making those sales, then that's a different story. It's bit hard to tell though as the site owner continues to obstruct my efforts to get the details.