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SELLER GUIDE
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130
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Website

Currency:

Website

New Social Networking Site Happy Customers Enormous Potential
Site Age
18 years
Monthly Profit
- /mo
Page Views
340 p/mo
About the Business

A newly established social network focused on customer product reviews is up for sale. This sale includes two websites, both originating from a project initiated in late 2004, which started live operations in January 2008. The primary site offers free memberships where users can share reviews of favorite shopping or dining locations. Additionally, businesses provide free offers to attract users. Members can search for reviews by location or product to find highly recommended services. Originally developed as a part-time venture, the creator has decided to sell the project due to financial constraints, aiming to launch it in the US market, where similar sites achieve significant success. Modifying the site for US compatibility is estimated to cost $3,000, and the development work has been consistently provided by a team based in Ukraine. The site’s unique offering includes benefiting users through their network connections and providing businesses access to potential customers through endorsements from current users. The seller has invested around $20,000 in programming costs and is willing to sell for substantially less. Revenue is generated from business memberships and review members who pay for advanced features. The current client base may renew their subscriptions early in the year, but the main focus is on expansion in the US market. Site traffic is minimal, generated mainly through word of mouth without a promotional budget and with an existing beta focus in Australia. The site promises growth potential with effective promotion, leveraging user recommendations and the allure of free offers.
About the seller
Seller verification
Email address
Phone number
Government ID
Payment Methods
Escrow.com
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