Tell us a little about yourself. What’s your background? How did you start the business?
I’m a former advertising copywriter, a current SEO agency owner, and a part-time entrepreneur. While going to school for an MBA, I discovered blockchain and became obsessed with cryptocurrency. At the time, I was just starting to learn how to leverage SEO and content marketing to grow websites and realized there was (and still is) a lack of good advice around buying, selling and HODLing crypto. I turned my passion for blockchain and background in copywriting into BitcoinNoobs.
How have you marketed the product and where are your customers originating from?
I wrote all the content myself and focused on helping the average person learn how to invest in cryptocurrency. Our in-depth tutorials, crypto exchange reviews, and educational infographics have been shared thousands of times on Twitter, Facebook and LinkedIn. I spent hours writing our long-form content using my own experience buying and investing in crypto as a guide.
Is the asset on your listing owner-operated, how much time does it take to run the business, who else is needed on the team, and what is automated?
Yes, this is an owner-operated business. There is no team and it takes no time to run this business in its current state.
What does someone need to do to continue operating the business in its current form?
Just connect your bank account and update a few links.
Can you list a few opportunities for a potential new owner to continue growing the business?
I’d recommend creating new content around high volume, low difficulty keywords with buying intent such as:
– how to buy dogecoin
– webull vs Robinhood
– webull review
– binance coin price prediction
Then you can either send that website traffic to signup for an exchange that offers those coins. You could also just create guides on how to buy coin-name for the top 10-50 cryptos. That would be a pretty straightforward template and I’d be happy to consult post-sale.
What has been the evolution of this asset since its launch?
A few months after starting the website there was an explosion of interest in bitcoin and the price of the currency surged to more than $20,000. It was around this time that I broke the URL structure of a few key pages and watched as traffic sunk from thousands of visitors a day to a few hundred, but not before signing up 1,000+ affiliates on various crypto exchanges. Included in the sale of BitcoinNoobs are a half dozen crypto exchange affiliate accounts. The main affiliate offers 30% commissions for the lifetime of the users I signed up with, which means you’ll be printing money from day one.
How does this business make money? What are the current revenue streams?
BitcoinNoobs is an affiliate site. We provide reviews and content around how to buy, sell, and invest in cryptocurrency. When users sign up for a crypto exchange (coinbase, cex, Kraken, etc.) we make a percentage of the fees that they pay.
What marketing channels are most profitable for the business?
SEO, Social Media
How does the business currently acquire customers and what is your breakdown for marketing costs?
We acquire new customers through guest posting content and organic search. There aren’t any current marketing costs.
How big is your current team? How many people does it take to run this business?
Our current team is just myself. It takes zero hours per month to run this business.
What’s the reason for selling your business on Flippa?
I just started a content and SEO agency, https://subfolder.agency, that’s actually why I’m selling the business.