SnapBits.com

Website for sale

Current price Reserve: $5,000

$300 USD

$
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SnapBits - Stop Forgetting (Since 2006)

SnapBits started as a free service that may be used to securely store, search, sort and easily retrieve “Bits” of information. It evolved to be redesigned with monetisation added via PayPal (2017).

At a glance ?

Touch a value for a description

Site Type
SaaS
Platform
PHP
Site Age
11 years

Traffic ?

Page Views
873
Unique Visits
548

Financials ?

No financial data has been provided for this website

Traffic ?

Uniques Page Views
Jun 17 120 177
May 17 186 372
Apr 17 1,339 2,070
Mar 17 0 0
Feb 17 0 0
Jan 17 0 0
Dec 16 0 0
Nov 16 0 0
Oct 16 0 0
Sep 16 0 0
Aug 16 0 0
Jul 16 0 0

Traffic Health ?

Pages / Session
1.25
Avg. Session Duration
00:00:53
Bounce Rate
85.20%

Top Channels ?

Page Views % of Total
Direct 113 64%
Organic Search 35 20%
Social 16 9.0%
Referral 13 7.3%

Top Countries ?

Page Views
United States 67
South Africa 50
India 9
Italy 5
United Kingdom 4

Seller's Notes

Watch the explainer video to find out more about SnapBits:
https://www.youtube.com/watch?v=9tRhPLvBfac

Read a bit more about the old and new SnapBits in the press:

What is included in the sale?

1. We are including both the old https://old.snapbits.com system (Launched July 2006 - 2800+ users) +
2. The new https://snapbits.com (Unlaunched as of July 2017 - 230+ users).

Both are SaaS applications with active users. The new site boasts our redesigned and developed features such as:

  • Store information: SnapBits allows you to store bits and pieces of information in a cloud based storage facility.
  • Totally safe & secure: Add an extra layer of security by password protecting sensitive bits.                 
  • Multi media storage: Store a wide variety of content including text, images, voice recordings and documents.                 
  • Super simple to use: The intuitive interface allows you to easily gather,  storing and retrieve bits of information.          
  • Always accessible: SnapBits is cross-platform compatible so you can store and access your bits from any computer, tablet or smartphone.                 
  • No storage limit: There is absolutely no limit on the amount of bits you can store in your SnapBits account.
  • Plan & set reminders: You can add time based reminders to bits to help you remember.
  • Encryption: Each user account is encrypted with it's own cipher adding an additional layer of security.

All related domains including:

SnapBits main domain:

Age: +11 years (Creation Date: 2006-07-16T15:38:10Z )

DA 29/100
PA 39/100
31 Root Domains
94 Total Links 

All social media channels.

We are including all source code and complete databases for both sites (see code analysis included in listing). Both sites are built on JS, PHP and MySQL.

What is required to keep the business operational?

This is a completely passive income opportunity or just a neat solution to add to an existing product set.

Why are you selling the business?

Client ran out of budget and the project left unpaid design and development work. The project budget was over $100k and we we're compensated for 50% only. Looking to recover some of the cost for our time invested.

How does the business generate revenue?

The sale of a premium SnapBits account for $1.95/month (paid via PayPal) which unlocks the ability to:

  • Add text bits
  • Tag and colour code bits
  • Add images, audio and upload files
  • Set reminders
  • Lock bits for extra security

Are there any expenses for the business? If so, what are they?

Very little... only domain renewals, web hosting and CloudFlare at the moment.

What marketing initiatives have been used for this business?

None.

How can the future owner improve the business?

  • Launch new system and put marketing behind it.
  • Porting old users to new system.
  • Development of a mobile application.
  • Development of an enterprise package / solution.

Note only new Google analytics traffic shown in listing. Look under attachments for old statistics from 2006-2017.

Shout if you have any further questions or try SnapBits out for free at https://snapbits.com.

Important: Due to the sensitive nature of SnapBits, we will only accept bids from users whose identity can be verified.

SELLER INTERVIEW: 

How is your business monetized?

Subscription

SaaS

Please describe your business model 

SnapBits started as a free service that may be used to securely store, search, sort and easily retrieve “Bits” of information. 

It's monetised through the sale of premium SnapBits accounts for $1.95/month (paid via PayPal) which unlocks the ability to: 

Add text bits 
Tag and colour code bits 
Add images, audio and upload files 
Set reminders 
Lock bits for extra security 

Are you the original owner of the business?

Yes

Which platform does the website use?

Fat-free PHP framework and JADE framework for front-end functionality.

Where is the site hosted and will this need to change after purchase?

The site is hosted on our servers and will be transferred free of charge to the buyers hosting provider of choice.

Why are you selling the business?

I am selling SnapBits because I was in the process of redeveloping it for a client which put up the budget to redesign and monetise the website, but never made payment for the full project fee. At the moment I am trying to recover some of the development cost as well as to put the site under suitable management to take it further.

Can the website’s revenue be accurately tracked back to the website?

Revenue is negligible at the moment as the site was only monetised in June 2017.

Is the website’s revenue kept separate from other business and personal accounts?

Yes, completely separate.

If necessary, do you have tax returns available to support your revenue claims?

No, I do not have tax returns available at this time.

Are you willing to provide live revenue verification?

Yes, upon request from serious buyers and/or Flippa marketplace integrity.

What are the main expenses of the business? 

Monthly hosting and annual domain registration.

Please list all domain names you are including in the sale

SnapBits.com (Expiring: July 16, 2020) 
SnapBits.net (Expiring: October 25, 2017) 
SnapBits.org (Expiring: October 25, 2017) 
SnapBits.io (Expiring: October 25, 2017) 

Are you including any social media accounts in the sale?

Yes

Which accounts will you be including?

Facebook

Twitter

Instagram

YouTube

LinkedIn

Please provide some basic details about each account selected above

https://www.facebook.com/snapbits.io/ - 3196 followers 
https://twitter.com/stop_forgetting - 6 followers 
https://youtu.be/9tRhPLvBfac 
https://www.linkedin.com/company/snapbits - 11 followers 
https://www.instagram.com/snapbitsapp/?hl=en - 1 follower

Are there any email lists included in the sale?

Yes

Where are email lists held and how many subscribers does each list have?

Members - +-3000

Are you selling the assets of the business (asset sale) or the company (stock sale)?

I am selling all of the assets of my business, asset sale.

Have you granted Google Analytics access?

Yes, I have.

What are the primary traffic sources of the site? 

Direct

Referral

Why do you think the site's top traffic sources are the the ones you chose above?

Referral - from the old.snapbits.com site which is also included in the sale.

Do you use, or have you experimented with, social media marketing?

No, I have not.

Have you done any Search Engine Optimization?

No, I have not done any SEO.

Do you or have you ever purchased traffic?

No, I have never purchased traffic.

Has the site ever received any search engine penalties (manual or algorithmic)?

No, to my knowledge my site has never received any search engine penalties.

Do you use, or have you experimented with direct / display advertising?

No, I have not.

Have you experimented with any other sales / marketing initiatives?

No

Do you have employees or contracts with freelancers?

No

How is the content of your website produced? 

Freelancer performs the development.

Task 1

Managing Operations

Description

Keeping the site running and answering user queries

Who

Owner

How may people perform this task?

1

Does the owner need specific skillsets in order to successfully operate the site?

No specific skills required.

Do you and/or any employees or freelancers provide customer support?

No

Please identify and briefly describe your main competitors (1-3 is fine)

Evernote 
Google Keep 
SimpleNote

What makes your website better than its competition?

The ability to store various different types of notes, voice, video, file, image and regular text. 

SnapBits boasts features such as: 

Store information: SnapBits allows you to store bits and pieces of information in a cloud based storage facility. 

Totally safe & secure: Add an extra layer of security by password protecting sensitive bits. 
                
Multi media storage: Store a wide variety of content including text, images, voice recordings and documents. 
                
Super simple to use: The intuitive interface allows you to easily gather,  storing and retrieve bits of information. 
          
Always accessible: SnapBits is cross-platform compatible so you can store and access your bits from any computer, tablet or smartphone. 
                
No storage limit: There is absolutely no limit on the amount of bits you can store in your SnapBits account. 

Plan & set reminders: You can add time based reminders to bits to help you remember. 

Encryption: Each user account is encrypted with it's own cipher adding an additional layer of security. 

Overview of product/service pricing and how it has evolved over the last 12 months

Free - $0.00 
Premium - $1.95

What is the site's average Refund/Chargeback rate over the trailing twelve months?

0

What is the primary reason for refund requests?

N/A

What is the primary reason for refund requests?

N/A

What is the approximate breakdown of clients by different price levels?

Free - 3000 
Premium - 6

What programming language is the website’s product created in?

PHP, Javascript

Does the product require constant updating?

No

Please explain your update process and an overview of the key product improvements you've released over the trailing twelve months (TTM).

Redesigned old.snapbits.com and added monetising via PayPal.

When was the last time the source code was updated?

July  2017

Are you willing to sign a 3-year non-compete contract in the industry that the website operates in?

Yes, I am.

Will you provide 1-3 months of post-sale support & training, in order to ensure that the buyer is able to fully take over the business and its operations?

Yes

What are the primary growth opportunities for the business going forward?

Launch the new system and put marketing behind it. 
Porting old users to new system. 
Development of a mobile application. 
Development of an enterprise package / solution. 

Are there any geographical limitations to the potential buyer of the business?

No, there are no geographic limitations.

Site Info

Site Established ? July 2006
Built With ?
Google Analytics Detected ? Yes
More info: BuiltWith

Domain Info

Domain Registered ? 17 July 2006
Registrar ? Gandi SAS
More info: Wayback Machine and Whois

Site Uniqueness

Content Unique ? Yes
Design Unique ? Yes
More info: Plagspotter and Copyscape

SEO Presence

Pages In Google ? 5
MajesticSEO Inbound Links ?
SEOmoz mozRank ?
Alexa Rank ? 5,208,154
More info: SEOmoz and SEMRush

Comments

Noavatar
b1090holdings ( new )
Fri, 18 Aug 2017 06:39:59 AEST

First off... nice, clean site for a change on Flippa.

Is there an admin panel to control functions and members etc...?

How many actual active members are live and using the site?

How much space on the server and bandwidth used at this time on a monthly basis?

No mobile app? Are you an app builder?

Thank you

The Seller
Px140x140 avatar 6c3766a0 be1b 4ea7 9758 a74c4f1cf732 jjvanwyk Jaco van Wyk
3 transactions totalling $6,295
Payment Methods ?
  • Flippa Escrow
  • PayPal
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