The business, founded in May 2009, has been working on a product, a social media analytics application, for nearly two years, but has run into financial constraints. Despite having a strong roadmap and some top brands and agencies as users, they lack the budget for marketing and further development. The business is open to transferring the product to a better-resourced entity. The platform, recently rebranded, offers comprehensive features for managing social media campaigns, including a multi-platform client, scheduling, analytics, and a custom URL shortener. The product is constructed on ASP.NET MVC and operates on Microsoft's cloud service, boasting scalability for extensive use. Current clientele includes over 600 companies with 731 users. Marketing limitations have led them to offer the product for free, pivoting from initial subscription-based pricing. Traffic analytics reveal a modest but engaged user base that could be expanded with adequate marketing. The company has experimented with various marketing channels, noting a potential for increased sign-ups. Despite no current revenue from the free model, monetization could resume through subscription plans or licensing. The business seeks a partner who can provide the necessary marketing and development resources to fully realize the product's potential and capitalize on its distinct offerings in the market. The aim is to ensure the continued growth and success of the application, highlighting the belief in the product's capabilities despite current financial hurdles.
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Before making an offer
1. Look for verified sellers. Sellers should verify their email, phone, and government ID. When a seller has completed all verifications, we identify them with a checkmark like this:
2. Review financials. Financials are seller-provided inputs. Always ask for verified financials. Ask for a tax return or request access to their dashboard. if it’s an ecommerce store get a transaction report.
3. Review traffic. Sellers can grant you access to Google Analytics. Ask for read-only access to verify site traffic.
4. Schedule a call. Communication is key. The best way to find out more is to speak directly with the seller. For your protection, keep all communication within Flippa.
5. Make the offer on Flippa. We’re here to help. Flippa does not charge buyers and by making an offer on Flippa you’ll get access to our post-sales support team.
1. Agreements & Contracts.
Connect with a US-based lawyer or purchase asset-specific template legal documents via Flippa Legal.
2. Conduct Due Diligence.
You can conduct this yourself or use our trusted network of industry-leading due diligence partners. They can provide in-depth analysis, identify hidden risks, and independently assess the value of the business. Learn More