There’s less than three days left of my current blog auction and honestly, there have only been about four serious bidders who I have been chatting with and answering any questions they have. Though, one of them pulled out recently, which is fine. It was actually a friend of mine telling me that I should keep the site because I’ll probably benefit from DatMoney in the long run.
Like I said, if it doesn’t meet the reserve price, I will not sell DatMoney. It’s just as simple as that. Though, it seems as though I have a few people really interested. But let’s say I’m not holding my breath.
I was also having a few discussions with people and a lot of them brought up the fact that I spent money on the auction. I believe I spent about 50 dollars, give or take a few dollars on it. Everyone mentioned that it’d be money wasted if I didn’t sell the site. But in actuality, even if I don’t sell the site, you can look at it like I just paid for advertising.
According to my Google Analytics, I received about 339 visitors just based on the auction. So, if I spent $50, I got a pretty good click-per-cost ratio. For each visitor that I received, it cost be about $0.15. Let’s say if I were to advertise on a medium/big sized blog in a similar niche, I can tell you that the click-per-cost ratio wouldn’t be as good.
Usually, it’d be a little higher in cost. Probably someone in the $0.20-$0.40 range if the blog is pretty good.
For some of you guys that have been loyal to me for the entire time DatMoney has been around, don’t you worry. I actually started a new blog as a backup so you guys can still hangout with me even if I sold this blog. And I promise I’ll give good advice on that blog as well… though, it’ll be a little more personal as well. I may talk about some foods and crap I eat… but shhh… don’t tell anyone!
Anyways, we’ll see what happens in less than three days!
Just hanging out and holding my breath for a few more days….
As someone who eats on a daily (sometimes hourly) basis, I’m looking forward to reading your new blog.
I think people will really start to bid at the last second so they dont have to pay must more than the bin price.
I was a bit surprised that this only makes 400 a month anyway. With 1000 subscribers that seems low.
Edie – I already setup the new blog but I just haven’t done anything to it yet. I might not reveal it if DatMoney doesn’t sell… but who knows…
Earn Money – I think so too. The serious bidders already know my reserve price so they’re probably just waiting for the last few minutes to jump on it. Or not…
Paul – Yeah, I haven’t monetized like I should be. For instance, I have yet to even promote a product of my own to my readers yet.
Jay
I hope you can resolve this bidding issue and to find someone who can continue the good work here. cheers.
All I can say is good luck to you.
I’m hoping for the best, if it does sell then for sure you will spend the money on very important things and if not then I think you will still earn good money from your blog.
Well good luck.
I would buy it if I had the cash money lying around but i don’t.
this is a good blog, why are you selling this?
Well, as a perspective buyer, the fact that you are actually announcing a new blog is definitely a draw back…Obviously as soon as you sell datmoney half of your subscribers may unsubscribe and find you at your new blog, and you would be in a win-win situation….Its like selling your blog and then telling your audience ‘by the way join me at my new blog’…This may be good news to your subscriber but bad news for the buyer…I’m just saying…
Jon – Like I mentioned, my new blog is going to be a more personal blog and not necessarily a entrepreneur blog. Of course, it’ll be about my experiences, interests, hobbies, etc so occasionally I’ll talk about my online stuff because it’s a part of my life. But in essence, it wouldn’t be all about tips and stuff.
In addition, I have multiple blogs to begin with and all of them are in different niches and stuff but that has never held anyone back from continuing with subscribing here.
Just a heads up.
Jay
It’s hard to sell sites at there real value anymore these days. It seems to me that people only are willing to pay 6x the monthly earnings.
Good luck with selling your blog.