ptemocktest.com is the only website in the industry that provides mock test with score card in 24 hrs and at a competitive price. Since its launch we have 8200 registered users and 2000 paid customer.
Touch a value for a description
| Revenue | Costs | Profit | |
|---|---|---|---|
| Dec 16 | $36 | $0 | $36 |
| Jan 17 | $259 | $161 | $98 |
| Feb 17 | $419 | $84 | $335 |
| Mar 17 | $1,164 | $300 | $864 |
| Apr 17 | $1,468 | $40 | $1,428 |
| May 17 | $1,985 | $80 | $1,905 |
| Jun 17 | $2,038 | $80 | $1,958 |
What is included in the sale?
The buyer will be entitled to the domain, hosting, ssl certificate, chat plugin and the complete website, along with social handles and business email. All the infrastructure is renewed till 2nd Feb 2018. Hence there wont be any infrastruture cost for the next 8 months. The buyer will be also entitled to 3 months of free development support and 1 month of evaluation support.
What makes the website so favourable for a buyout?
Within, six months of launch, the website occupies top ranking in Google searches, boasts a user base of over 8000 and counting. The websites boasts of a daily sign up of 40-50 users and a shooting up revenue growth. No other website offers a product as we do. We have created a product that people wanted for a long time. We are considered the best or second best website across multiple polls[see attached screenshot].
What is required to keep the business operational?
The reason we had such a growth in a period of six months, is because we kept the customers satisfied and provided the score card for paid mock tests under 24 hrs, which is one of the main reason, for growing at such a rate. Other than that, what we have done, is we have built a self sustainable infrastructure, which needs little assistance from outside. So in order to keep the business operational you need to maintain the mock test score card quality and deliverance.
In terms of resources you need an evaluator who can evaluate the mock tests, it can be done by the buyer as well after a 10 day training through us.
Why are you selling the business?
The business is growing fast, and since both the founders are in full time jobs, we can not give it the time required. Hence we are looking for someone with a passion to take this to new heights. There are many things that can be done as the users increase to make it a full scale business.
How does the business generate revenue?
The business generates revenue on two fronts:
[]Paid mock tests : Any candidate can buy one mock test with score card priced at USD 6.9. There are total 7 such mock tests each priced at USD 6.9.
[]Partner institutes : We provide login ids to institutes who train candidates for PTE, each of these login ids have pre activated mock test and cost between USD 35 to USD 42, depending upon the institute's requirement.
Are there any expenses for the business? If so, what are they?
This is the best part of this business. We recorded an expense of USD 80 which included the chat plugin renewal and few refunds to user in the month of May and June 2017.
What marketing initiatives have been used for this business?
In the initial phase we hired a social manager and content manager, who created campaigns and content[blogs]. We have an active facebook page. We also used discount promos to attract users in the initial phase. The campaign was aimed at gaining first page ranking for our website. As a result our website ranks in first page in google related searches, for words like pte mock test. We were mostly involved in non organic advertisement like bookmarking, guest posts, social handling.
How can the future owner improve the business?
The big part of the business where we havent been able to reach properly due to lack of time is the institutes and freelance trainers.
[1]There are multiple thousand freelance trainers and instititutes who are ready to pay for the login ids as they dont burn a hole in the pocket. With a proper strategy , this area can really enhance the revenue in multitudes.
[2] There many candidates who ask for training as well, with a careful structure and tie up with good trainers, we can induct and online webminar platform like udemy, with select trainers on comission basis,which can also enhance the revenue.
[3] We havent tried the google ads in our blogs, as we thought it was unnecessary, if the founder can be interested, we have image system on login and signup page where he can put ads in image form for trainers and institutes on subscription basis.
| Site Established ? | December 2016 |
| Built With ? | WordPress |
| Google Analytics Detected ? | No |
| Domain Registered ? | 9 February 2016 |
| Registrar ? | GODADDY.COM |
| Content Unique ? | Yes |
| Design Unique ? | Yes |
| Pages In Google ? | 165 |
| MajesticSEO Inbound Links ? | |
| SEOmoz mozRank ? | |
| Alexa Rank ? | 618,770 |
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Dear watchers and probable buyers,
The website is not completely based on Wordpress. The homepage of the website is on WordPress. The main aspects like user dashboard, admin panel, mock test sessions are based on PHP platform. Some of the links that can be seen are here
https://www.ptemocktest.com/pte/signup
https://www.ptemocktest.com/pte/login
thanks
Dear all,
Many buyers and watchers have been asking me to upload a video showing the traffic stats. I am uploading this link, through which you can see the traffic stats for the website
https://youtu.be/7bAFNucev_I
thanks
Can you upload a video with some more recent revenue proof please?
@england9911 hi, yes sure,i will definitely do that , give me some time for it
@england9911 , Hi please have a look at the latest finances
https://youtu.be/MDA3YdRd11s
Dear Watchers and Buyers now would be a great time to act. Our auction is going to end in a day and it would be your last chance to put your hands on the whole business, that has endless opportunities and options to grow. In case you have any queries ping me, i am ready to provide all the necessary proof. Once the auction ends, i will be selecting from a list of offers that has been given to me through the discussions.
This will be your last chance to own something that has potential and is ever growing.
thanks
Great product!
Would appreciate if you could answer the below queries:
1. Who evaluates answers of candidates currently, Is this done by a bot (as is the case with the real PTE exam) or by a human?
3. If done by a bot, please advise if this is in-house or outsourced? Related expenses, if any?
4. If done by a human, I suppose that is one of you two? If yes, please advise if you are Pearson certified evaluators.
Thanks in advance!
hi.. just want to check where you get the mock test content from? do you develop it or source it from somewhere? if you create or source it, will that support be provided after the sale?
@coolsri83 hi, thanks for inquiring. We develop the content. Yes it would be included in the support after sale
Thanks. can you also reply to the questions from geeman33?
why not, the mocktests are evaluated by humans.
So you mean we have to manually evaluate each single test every time?
@LOVEEAUSTRALIA yes when a user gives a paid mock test, you will have to give the marks, once it is done, the score card is sent automatically
i am requesting all to please have a look at the whole detail that i have added in the sales description. each and every detail is there, asking the same questions again and again is real not going to change the description
I thought it was marked by computers . Anywhere we are not professional Pearson English teacher how do we mark them?
Given that this is a site for English language proficiency testing, how does this impact the customer service element of the site. Do questions get submitted in the users' native language?
@LOVEEAUSTRALIA that is why we offer a 10 day training and 1 month evaluation support
@gmalna85 the website uses only one language English and it offers the same for everyone and that is the motive of the site
@anjanishivam sorry I should have been clearer. Aside from the tests, which are obviously in English, do users ever contact you with questions about your services or to ask for refunds etc in languages other than English?
@gmalna85 hi, no problem! no even for support,email and other details the user only english as a mode of communication
@anjanishivam @gmalna85 hi, no problem! no even for support,email and other details the users use only english as a mode of communication
Hi
As this part of the website, https://www.ptemocktest.com/pte/login is not WordPress.How easy would it be to maintain? Did you develop this part (or some other product bought out of the self )and I am guessing it would require database maintenance and further development? How well documented this custom software is?
Regards
@samratds Hi, yes we developed this part, and the website self-sustainable, along with maximum level resources bought for next one year. I have worked a lot on the development to make it as per the user needs and without any bug. So maintenance won't be an issue in this case.
@anjanishivam Hi What about the documentation?
@samratds Yes we have a complete documentation, for the mocks as well website codes that can handover during the time of buyout
Hello
Dear buyers and watchers, now is the time to start making a bid, in case you are interested, Bidding in the last minutes may not get your bid placed, as no snipping is allowed in Flippa auctions.
thanks