Just wondering how much time you spend on doing DD.
What factors increase the time spent?
What tools save you time?
Most of all: how much lead time do you allow yourself for a site you are interested in?
Thanks in advance,
Andy
Just wondering how much time you spend on doing DD.
What factors increase the time spent?
What tools save you time?
Most of all: how much lead time do you allow yourself for a site you are interested in?
Thanks in advance,
Andy
How long is a piece of string, Andy.
Today someone contacted me by email asking if I'd be interested in his PR7 site. I replied. He replied. I phoned him. We agreed a price. It was a few hours from start to finish. I'll disclose that site here once the transaction is over if anyone's interested.
When I bought pctechguide.com it tooks months and months partly because it was a more expensive site and required more DD, partly because the owner wasn't moving fast. But at least he was very, very organised and that helped enormously on the occasions when he did move. Many buys go painfully slow because sellers don't have data ready/aren't willing to provide access to stats etc., and don't have time to answer questions. That's where the brakes are - the sellers!
It isn't always the seller. I have on a few occasions dragged my feet on buying a forum website, because you can really learn a lot about a forum by watching it over a period of time. I've been able to weed out a few bad buys by doing that.Originally Posted by Clinton
That's where the brakes are - the sellers!
I'll second this. I just pulled out of a potential purchase of a network of sites that I was stalling on because the changes Google made to some of their long tail algorithms cut traffic and revenue for the network in half compared to the previous month. The seller was eager to close the deal, but I was waiting until the month ended so I could get him to give me complete stats for May.
How could you tell if the forum was bad or good if you don't mind me asking?
Gee, I don't know Clinton, I just use a tape measure. :-)
Couldn't help that one. Thanks to everyone who took the time to reply.
I hear ya. And I realize there are a TON of factors involved. Maybe I phrased the question badly. Maybe I'm just looking in the wrong places for sites! Right now my focus is on auctions so I see a site that looks interesting but there's only two days left before it closes. I've actually lowballed a couple of them with the idea that if I win and it's a stinker, I haven't lost much.
Of course youse guys are right about some of the circumstances involved and how they can affect a time frame.
It seems to me income verification would be the biggest bugaboo. After that, traffic. Am I on the right track?
Andy
You can certainly ask, but it's not really something I can sum up in a quick forum post. And, the problem is that there are many ways to fake activity on a forum.
What if you're buying a site that has no income and very little traffic but a huge subscriber list, intellectual property in the form of solid content waiting to go online, fantastic relationships with other key sites, a premium domain name, a PR8 homepage ....?It seems to me income verification would be the biggest bugaboo. After that, traffic. Am I on the right track?
What I check most thoroughly is what I believe has the most value. Sometimes that's the revenue sources and the traffic.
Stop! Don't make me THINK. I want EASY answers! :-)
This makes perfect sense. Thanks Clinton.
Andy
Clinton, are you free to disclose the site now?
Perhaps post how the whole process went?
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