income4beginners.com For Sale But …
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Looking at my traffic logs today, I found someone searching for incom4beginners.com information. When it first came out, I even wrote a review about it and even created a page. It was my first experience with buying PLR. The problem is that it stop working sometimes in the first quarter of 2008.
income4beginners.com For Sale?
It's been sometime so I figured I would check it out to if it was still the blank page. I saw incom4beginners.com for sale. Looking at the traffic, it had 21,489 visitors in the last 31 days. I presumed that it was former affiliates checking it out too, people having found the ebook thus landed there from the affiliate link in the ebook or other reasons.
Since it was for sale, I decided to make a bid. I tried a few numbers first and finally found the minimum bid: 60USD. For me, it was not a big risk for that "kind" of traffic that will eventually died down in time. But first, I had to register on SEDO to be able to make my bid. A few hours later, the seller came back with a counter and final offer: 3500EUR. That's 5,045.41USD at today's exchange rate. What the ....? Anyway, I was not going to pay that much even with the traffic so I stopped the negotiation right there.
The trouble with all this was not the fact the seller was asking that amount. It was because the seller wasted my time by not giving a more appropriate starting price. Starting at 2000-3000EUR would had been a much better price. But $60USD ...Come on!
So, if you ever sell a domain, make sure not to waste the time of potential bidders.
Why did you want to buy it?
For those wondering how I would had used incom4beginners.com. The answer is simple: I would had sent visitors to See Free Movies Legally.
Let's use 20 000 visitors x 1% = 200 buyers at $3 = $600/month. It would take me 8-9 months to make my money back. In my example, I used a lower conversion ratio to play safe.
However, I could had bought a double opt in list of affiliates marketers and drive much more traffic to my site for much less than the asking price.
Edit 2008-10-31: I bought it and be sending the traffic to the See Free Movies Legally. The traffic is much less than SEDO was reporting. I won't say the price I paid. 
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Godfrey Steven said:
This article is not fare at all. Here are some clarifying things:
1.) income4beginners.com is for sale yes, but as a part of http://www.Sedo.com monetization process. I do not require you to register with Sedo, but I need to use an intermediary to sell the domain. I do not believe that you will like to pay me the money and then wait for me to transfer the domain to you. Do you?
2) Domain has 800-1000 unique visitors per day
3) 60$ is the minimum bid allowed by Sedo, not the minimum bid set by me. They have a commission so that is why you have a minimum bid.
4) I replied to you a counter-offer – I am entitled to set a price I like, yes? If you consider it too high, place a counter-offer and let’s negotiate.
5) I did not wasted your time, you did. I set no starting price, no nothing …. just asked the buyer to place a fare price. If your fare price is the minimum bid allowed by the system, that is another story.
If there are any other issues, I can clarify it with you. I have hundreds of domains for sale .. I can not waste my time setting a price for all of them .. be fare, and you’ll have a deal, else .. I can keep the domain to Sedo where I make 8-10$ per day only from parking ads. (250-300$ per month by doing nothing)
September 22nd, 2008 at 2:34 pm -
Steve McGrath said:
Hi Godfrey,
1) I understand that SEDO is the go between. I use Freshdrop( who use tdnam.com) where I still see how much the seller wants. You are correct that to find the minimum bid, I don’t need to register. That’s why I had first needed to register to make the bid.
2) The traffic was not in dispute. At 900/day, it’s good traffic.
3) Again, I understand. Can’t you set your minimum like Freshdrop?
4) I tried to make a counter offer but the system found it to low. I was going with the presumption that it was a typo mistake.
5) I did lose my time but if SEDO can’t let you make a real minimum bid, then it’s them that wasted my time and not you.
6) It’s great that you can make that much from one site.
P.S. I edit the offer out since it was between us.
September 22nd, 2008 at 2:55 pm
