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06-04-2004, 06:40 PM
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#1 (permalink)
| | DNF Newbie
Last Online: 08-26-2008 08:52 PM Join Date: Nov 2003
Posts: 29
DNF$: 3,306 | CertificateSwap.com for Sale - Featured on Time Magazine, USA Today, NY Times CertificateSwap.com is for sale on eBay!
CertificateSwap.com is the internet's first and only exclusive gift certificate marketplace. With over 700 merchants and restaurants in our database and thousands of users nationwide - you'll find our site quite impressive. In fact, we've been featured in over 200 media outlets including Time Magazine, USA Today, The New York Times, The Today Show, and hundreds others - come see for yourself and bid at: http://cgi.ebay.com/ws/eBayISAPI.dll...tem=3819926655 cjohnson@certificateswap.com |
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06-05-2004, 11:20 PM
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#2 (permalink)
| | DNF Newbie
Last Online: 08-26-2008 08:52 PM Join Date: Nov 2003
Posts: 29
DNF$: 3,306 | Re: CertificateSwap.com for Sale - Featured on Time Magazine, USA Today, NY Times highest bid $17K, 8+ days left |
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06-13-2004, 12:39 PM
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#3 (permalink)
| | DNF Newbie
Last Online: 08-26-2008 08:52 PM Join Date: Nov 2003
Posts: 29
DNF$: 3,306 | Re: CertificateSwap.com for Sale - Featured on Time Magazine, USA Today, NY Times 43k = highest bid; 1 day 5hrs to go. |
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06-13-2004, 07:37 PM
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#4 (permalink)
| | Platinum Lifetime Member
Last Online: 09-21-2008 03:22 PM Join Date: Apr 2004
Posts: 430
DNF$: 4 Location: USA | Re: CertificateSwap.com for Sale - Featured on Time Magazine, USA Today, NY Times Is the site really for sale or a marketing oppurtunity?
(foot in mouth...reserve is met)
Last edited by FMS; 06-14-2004 at 02:04 AM.
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06-13-2004, 08:07 PM
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#5 (permalink)
| | DNF Addict
Last Online: 10-05-2008 08:50 PM Join Date: Mar 2003
Posts: 2,100
DNF$: 1,324
Country: | Re: CertificateSwap.com for Sale - Featured on Time Magazine, USA Today, NY Times sorry dude, I would never bid on an Ebay private auction, no matter how bad I wanted the site.
Last edited by Aerrial; 06-13-2004 at 10:54 PM.
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06-13-2004, 10:52 PM
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#6 (permalink)
| | Platinum Lifetime Member
Last Online: 07-31-2008 10:58 AM Join Date: Jan 2004
Posts: 569
DNF$: 2,667 | Re: CertificateSwap.com for Sale - Featured on Time Magazine, USA Today, NY Times Quote: |
Originally Posted by NetProwler sorry dude, I would never bid on a private auction, no matter how bad I wanted the site. | Funny that we all bid on private auctions every day over at Pool.
Of course, there we have much less choice in the matter... and we all complain, but we do it anyway.
...just struck me as odd when I thought about it.. hah
Cheers,
Wesley |
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06-13-2004, 10:54 PM
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#7 (permalink)
| | DNF Addict
Last Online: 10-05-2008 08:50 PM Join Date: Mar 2003
Posts: 2,100
DNF$: 1,324
Country: | Re: CertificateSwap.com for Sale - Featured on Time Magazine, USA Today, NY Times |
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06-14-2004, 03:10 AM
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#8 (permalink)
| | DNF Addict
Name: Sam Pfanstiel Last Online: Today 08:07 AM Join Date: Apr 2003
Posts: 1,456
DNF$: 328 Location: USA
Country: | Re: CertificateSwap.com for Sale - Featured on Time Magazine, USA Today, NY Times Anyone want to loan me the money to buy this one for a share of the proceeds? IM or PM me if interested. |
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06-14-2004, 03:37 AM
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#9 (permalink)
| | Gold Lifetime Member
Last Online: 09-27-2004 01:55 AM Join Date: Nov 2003
Posts: 12
DNF$: 23 | Re: CertificateSwap.com for Sale - Featured on Time Magazine, USA Today, NY Times What proceeds? the site doesn't make hardly any money.
Although its got amazing press & maybe a lot of potential |
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06-14-2004, 06:39 AM
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#10 (permalink)
| | Platinum Lifetime Member
Last Online: 06-05-2008 02:46 PM Join Date: Mar 2004
Posts: 265
DNF$: 270
Country: | Re: CertificateSwap.com for Sale - Featured on Time Magazine, USA Today, NY Times Quote:
What proceeds? the site doesn't make hardly any money.
Although its got amazing press & maybe a lot of potential
| How do you figure? It makes anywhere from $2000 - $15000 per month |
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06-14-2004, 10:03 AM
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#11 (permalink)
| | Platinum Lifetime Member
Last Online: 10-02-2008 11:34 AM Join Date: Sep 2003
Posts: 225
DNF$: 1,057 Location: NY | Re: CertificateSwap.com for Sale - Featured on Time Magazine, USA Today, NY Times Wow, the current bid on this is $50K. |
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06-14-2004, 12:31 PM
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#12 (permalink)
| | Gold Lifetime Member
Last Online: 09-27-2004 01:55 AM Join Date: Nov 2003
Posts: 12
DNF$: 23 | Re: CertificateSwap.com for Sale - Featured on Time Magazine, USA Today, NY Times Quote: |
Originally Posted by Jeanco How do you figure? It makes anywhere from $2000 - $15000 per month | That's its transaction revenue - multiply by 0.075 to get their revenue. (7.5% commission on transactions)
Based on the great press the site has - $50K is a good price for that site. It might do well in the end, although I'm a bit dubious that the business model has really much merit. The market is certainly big enough for it to make a lot of money. |
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06-14-2004, 01:29 PM
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#13 (permalink)
| | DNF Newbie
Last Online: 08-26-2008 08:52 PM Join Date: Nov 2003
Posts: 29
DNF$: 3,306 | Re: CertificateSwap.com for Sale - Featured on Time Magazine, USA Today, NY Times |
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06-15-2004, 12:54 AM
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#14 (permalink)
| | Platinum Lifetime Member
Last Online: 10-02-2008 11:34 AM Join Date: Sep 2003
Posts: 225
DNF$: 1,057 Location: NY | Re: CertificateSwap.com for Sale - Featured on Time Magazine, USA Today, NY Times WOW! - $86K for a 6 month old site. |
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06-15-2004, 01:12 AM
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#15 (permalink)
| | DNF Newbie
Last Online: 08-26-2008 08:52 PM Join Date: Nov 2003
Posts: 29
DNF$: 3,306 | Re: CertificateSwap.com for Sale - Featured on Time Magazine, USA Today, NY Times 86,100$ Auction Closed. |
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06-15-2004, 01:17 AM
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#16 (permalink)
| | Platinum Lifetime Member
Last Online: Today 12:26 AM Join Date: Mar 2003
Posts: 4,854
DNF$: 1,808 Location: White Rock, BC
Country: | Re: CertificateSwap.com for Sale - Featured on Time Magazine, USA Today, NY Times Nice sale, nice site.
__________________
Get an eNom resellers account free and instantly,click here - Automated Signup! |
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06-15-2004, 02:05 AM
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#17 (permalink)
| | DNF Addict
Last Online: Today 01:21 PM Join Date: Apr 2002
Posts: 4,015
DNF$: 6,807 | Re: CertificateSwap.com for Sale - Featured on Time Magazine, USA Today, NY Times A great price for the seller. Good to see it sell for so much money but now that the sale is over, I must say the $86,100 price said to be paid for certificateswap.com site is simply incredible in view of the poor net income from sales and the non-too valuable domain name too. From what I recall the far better domain Certificate.com only sold for a couple thousand $ not too long ago. It makes me think some of my sites (which generate good income) must be worth even more! |
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06-15-2004, 10:19 AM
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#18 (permalink)
| | Platinum Lifetime Member
Last Online: Today 03:50 PM Join Date: Apr 2002
Posts: 376
DNF$: 1,054 | Re: CertificateSwap.com for Sale - Featured on Time Magazine, USA Today, NY Times I think it really depends on the industry. A good domain name means very little to those that have money to spend on advertising.
I have also seen a few sales within the last 6 months that sold for 5 years of the annual revenue.
The only problem with this site is that it is 6 months old, it lacks historical numbers that could show the stability of the market and the business. |
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06-15-2004, 10:32 AM
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#19 (permalink)
| | DNF Addict
Last Online: Today 01:21 PM Join Date: Apr 2002
Posts: 4,015
DNF$: 6,807 | Re: CertificateSwap.com for Sale - Featured on Time Magazine, USA Today, NY Times Can you imagine how poor the income (and traffic) would have been without all that amazing FREE marketing the website received? Also, instead of extensive free media the new owner will likely have to pay lots of hard cash for that exposure in the future as the marketing novelty wears off.
This shows the great value of free marketing and the website owner was a genuis in getting all that attention. They probably spent much of their time working on the media exposure.
P.S. It would be a good idea to save that story and eBay sale and later use the concept and great promotional stuff yourself to market your own low income new website for big money one day as they did. Hopefully, others may use similar concepts to their advantage in the future.
Last edited by trader; 06-15-2004 at 10:38 AM.
Reason: P.S.
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06-16-2004, 11:32 AM
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#20 (permalink)
| | DNF Regular
Last Online: 07-11-2008 03:43 AM Join Date: Jun 2002
Posts: 847
DNF$: 417 | Re: CertificateSwap.com for Sale - Featured on Time Magazine, USA Today, NY Times Kuvera, are you cam johnson? |
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