Featured Listing: Video Chatting website

About the business

Tell us a little about yourself. What’s your background? How did you start the business?

The dating industry is the future, and we knew it. Being in the marketing department for over 4 years, we, a team of 3 friends, started this website as our first project, we created several MVP site design and launched it, then as per taste and preferences, we redesigned the whole site and relaunched it again, and again, made it successful. And, this is how video chatting started. Currently, over 90% of traffic are coming from Organic search, fetching over 700$ monthly and it is still growing.

As an eCommerce business, where are your products made?

All the services are fully digital. So, no worries about delivering the product.

What can you tell us about your Customer Lifetime Value (CLV) and Customer Acquisition Cost (CAC)

No specific CAC is there, only genuine digital marketing is needed, your site will definitely grow. Cost around 50$ to 100$ maximum as Digital Marketing cost.

How have you marketed the product and where are your customers originating from?

Our customers are mainly originating from India(63%) & USA(9.59%). We have marketed our website wherever we found relevant and genuine. We attracted genuine long time clients and generated leads from it.

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?

As you can see, the main company is “Coomeet” and “Foxrevenue”. We have applied for the webmaster program, the main benefit is that we don’t have to manage any backend programming of the iframe attached on our site. Everything is managed and handled by “Coomeet”. We get a profit of 40% after anyone purchases from our site.
This helps us to minimise the server and management costs.
Now automated means, we have to only focus on the marketing portion, all the things are fully automated. We renew the domain and hosting, then we do our scheduled marketing and all other things are fully automated (like backend management of Coomeet iframe, server cost of Coomeet iframe and anything related to coomeet site)
(FoxRevenue is simply an affiliate link, so nothing to say much about it)
So, www.videochatting.co/Coomeet is using iframe affiliation, known as coomeet webmaster. The main company is Coomeet.com, and iframe is operated by Coomeet.com only.
and, www.videochatting.co/shagle, /chatrandom, /chatspin are using simple Foxrevenue affiliation link.

What does someone need to do to continue operating the business in its current form?

1. After purchasing this site, you have to buy a hosting, ours is valid till December 2022. You can give us a nominal charge and keep all the settings.
2. Set up Bigrock account, as the domain will be transferred to you.
3. Set up Coomeet Webmaster wallet. We will change the iframe link, and your website will be ready.
Only genuine Digital Marketing is required, a complete live training session can be provided upon request. A training session will be totally free after purchase only. We will discuss the ways that we have used to promote our site videochatting.co.
4. To give a short overview, the buyer can promote this website as we did. The following things you have to continue.

• Social media marketing (social media account will be handover to buyer, FB, twitter, instagram)
• Offpage SEO
• SEM
  – You can hire a local Digital Marketing Expert, they might charge around 50$ to 100$ maximum.

Growing the business

Can you list a few opportunities for a potential new owner to continue growing the business?

The new owner can redesign the whole site once, if feasible. Not compulsory.

What has been the evolution of this asset since its launch?

In the beginning, we have added AdSense, later we removed it as we are not able to give a better UI with ads. So we decided to close the AdSense unit. We have redesigned the site twice since it launched. Nothing much. We marketed this site in different ways.

How does this business make money? What are the current revenue streams?

This site sells video chatting plans by giving some free trials initially. We make 40% of the total purchase, kindly note that 700$ to 800$ mentioned everywhere in the net profit of ours and not the total revenue. The current revenue stream is subscription-based video chatting plans only. The main profit comes from COOMEET. Please check the evidence attached.

What marketing channels are most profitable for the business?

Social Media Marketing.

How big is your current team? How many people does it take to run this business?

3 Friends in total right now in our team. 1 is enough right now to manage this business for a new owner.

What’s the reason for selling your business on Flippa?

To fund our next big project, to get a lump sum of money at once.