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Offers Premium Xbox 360 / PS3 site, earned $3000 in 3 months - GamerMill.com

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URL: http://www.gamermill.com

Age of site (months): 3

Monthly revenue: 1000

Revenue details:
The site has made over $2700 in commissions since Dec 1st when it was launched and has over 2500 members. We have also got some donations of approx $300 since then. We have never charged a membership fee but the new owner is free to do so. I estimate that for the PS3 launch you can earn a good amount of money even if you charge, say 10 bucks for membership from new members and from existing members who wish to get a PS3.

Income:

DECEMBER:

Earned $1487 from Amazon commissions for the period Dec1 - Dec 31 from a sale of $25,943. Stats here : http://www.gamermill.com/sale/as ...noon/amazon.gif

Earned $ 277 from Adsense during the same period. Stats here: http://www.gamermill.com/sale/as ...on/adsense1.gif

JANUARY & PART FEB:

Earned $ 859 in Amazon commission from Jan 1st to Feb 14th from a total sale of $16,460. Stats here: http://www.gamermill.com/sale/amazonGM.gif

Earned $114 from Jan1 to Feb 14 from Adsense as my server was down from Feb 5 to Feb 11. Stats here: http://www.gamermill.com/sale/adsense2.gif

SINCE FEB: Income has been negligible as Sales have gone down due to Xbox 360’s being amply available so people don’t want to buy expensive bundles. Stats here :
http://www.gamermill.com/sale/amazon_feb15_mar15.gif

Monthly page views: 70000

Traffic details:
Complete Stats, Income proof etc. can be found here:

http://www.gamermill.com/sale

Description:
GamerMill.com is the No.1 site in its niche - an Xbox 360 / PS3 finder and In-stock notification alert service. Site is in Top 10 on Yahoo and was on the Top in MSN (now slipped to third page) for the keyword ‘Xbox 360 in stock’.

The site operates a free service for people who are searching for the Xbox 360 and is also geared up for the upcoming launch of the Sony PS3 / Nintendo Revolution. The site continuously searches over 12 online retailers including Amazon, Best Buy, Buy.com, Toys-R-Us, Circuit City, CompUSA, Walmart etc. for availability of stocks and automatically alerts all registered users on their cellphone (through a text message) or by email the second an Xbox is available online. We have managed to bag over 700 Xbox 360's for our customers since launch and continue to bag a few every day. In fact since we have posted this sale on the 27th of February (see old thread http://www.sitepoint.com/forums/showthread.php?t=352295), the site has helped 53 more people to bag a Xbox 360 (in the last 16 days) taking the count from 650 then to 703 today. The site also has its own forum (http://www.gamermill.com/forum.php) and is a truly Auto-pilot site which requires no maintenance but only promotion.

Reasons for selling:

1. I have not been able to maximize revenue from the site since mid-feb and revenues have dipped because of my inability to market the site well. I think it is better I pass on this site to somebody who can do so.

2. Also my Adsense account has been banned arbitrarily by Google and I am now without an Adsense account. Please note that this site has NOT been banned by Google / Google Adsense, just my account has been closed citing 'invalid clicks' on another site of mine (freepichosting.info) and I have appealed against the same with Google.

3. The traffic to the site has decreased as I have not advertised it as much as I should. I just spent $200 on Google and $150 on Overture in Dec-Jan. Also people are not so keen on finding an Xbox 360 now as much as they were in Dec-Jan.

4. I need the money :)

The new owner should be prepared to spend a good amount on advertising and also prepare for the PS3 launch (expected sometime in June). I will show the owner how to operate the site and add/delete products and give him a one page write-up/operation manual. It is very simple and any non-techie can also operate the site. I will also show the owner how he can recover his investment in 6 – 8 months.

Comments:

We have a captive customer base which is waiting to be sold to. You do not need marketing gimmicks for a niche product audience. Just see the tremendous goodwill we have (on our forums). All we need is a good offer to be posted/emailed to those users and they'll take it if it is indeed good enough and an honest deal.

I have been making $50 per Xbox as you can see from my Amazon revenue stats which are in the post. But that was only because the bundles were priced at $999. We have sold $40,000 worth of Xbox's through the site and that is through Amazon alone. If you calculate the total Sales of Xbox 360's sold because of this site, it would cross $3,50,000 in Sales (700 x $500 per).

I just went through the database today and we have crossed 700 (Xbox 360's bagged by us) but if you see the Income stats, we got commission for only 50 of them! Just imagine if we had got commission on 500. Our Net Profit would be over $25,000 by now. But I have'nt been able to do it because I am not an affiliate of all the other stores listed and I cannot get approved because I am not based in USA but in India. Most Online retailers refuse to approve someone outside the US as an affiliate.

We still have over 500 people in the database who are interested to buy a Xbox 360 but were holding back because of the exorbitant prices of the bundles. Now, if you post a special offer - say an Xbox Premium bundle at $499 (after tying up with a suitable retailer) you can easily make $80 per Xbox Nett. Even if 50 out of 500 decide to buy it, you can get $4000. If 100 go for it that will make you $8000. I hope you can see the possibilities.

Also, I had an offer from one of the smaller Xbox 360 online stores to sell 50 Xbox 360's for them at a Nett margin of $80 per piece. I did not accept it at that time as we could not agree on tracking sales from my site to his and also on the Payment Terms so the deal fell through. If you tie-up with such a merchant, and could work a way around tracking sales (by creating a seperate sales page on the site). I will pass on information about this retailer to the buyer.

Also lets not forget, when the PS3 is being launched, you can charge $10 per signup and make at least $10,000 from that. We have over 2500 members now and I guess we can manage 1000 signups for the PS3 (say 500 existing members and 500 new).

Payment:

Preferred payment methods are Paypal / Wire Transfer/ Escrow.com/ Sedo.com.

I do not accept Stormpay, Egold or Western Union.

If you need to check out my credentials, please see some of my other sites:

www.karichat.com - Chat Software for Small biz websites
www.gralicwrap.com - Anti-phishing Software Tool
www.freeresellers.com - Reseller Hosting forum
www.freepichosting.info - Free image hosting
www.myoriginalmusic.com - Indie music site

I also encourage serious buyers to Register at the GamerMill.com and check it out for themselves.

IMPORTANT:
This Script is custom-coded and is not available for sale seperately. I will never sell/use this script again and the buyer will have full rights to it. He can add any amount of products or use the same script for other sites say for the Ipod Nano for example.

Price (or starting bid): $3,000 – BIN $10,000

Is an auction?: Yes

Indexed pages (Google): 7

Indexed pages (Yahoo): 233

Google page rank: 3

Alexa site rank: 68207

I have just updated the above post to reflect my SP new listing
 
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Current high bid is at 8k at SP - Just 1 k short of BIN. Should end anytime soon. So all you guys who are interested in buying the site - ACT FAST!!! It is a great investment. I would have never sold it if I did not need the money so bad. You'll make back your investment in 6 months - GUARANTEED!

Best of Luck :)
 

Steen

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Premium Domains said:
You'll make back your investment in 6 months - GUARANTEED!
You will gaurantee that if I purchase it for $9,000 the site will net greater than $9,000 within six months of the transfer of gamermill.com?
 

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Yes I will guartanee it provided you take the steps that are needed for achieving necessary profits:

1. You will need an Advertising budget of at least $25 per day on Google and $25 per day on Overture.

2. You will need an Adsense or YPN account.

3. You will need to add a Games section to the site with a AWS store.

4. You will need an Amazon, Linkshare and other Xbox online retailers affiliate accounts.

Thats it.

Also, I had an offer from one of the smaller Xbox 360 online stores to sell 50 Xbox 360's for them at a Nett margin of $80 per piece. I did not accept it at that time as we could not agree on tracking sales from my site to his so the deal fell through. If you tie-up with such a merchant, and could work a way around tracking sales (by creating a sepearte sales page on the site) you can easily get your investment back in less than 6 months.

If you have further questions, please PM me.

Thanks,
 

Golom

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Premium Domains said:
Yes I will guartanee it provided you take the steps that are needed for achieving necessary profits:

1. You will need an Advertising budget of at least $25 per day on Google and $25 per day on Overture.

2. You will need an Adsense or YPN account.

3. You will need to add a Games section to the site with a AWS store.

4. You will need an Amazon, Linkshare and other Xbox online retailers affiliate accounts.

Thats it.

Also, I had an offer from one of the smaller Xbox 360 online stores to sell 50 Xbox 360's for them at a Nett margin of $80 per piece. I did not accept it at that time as we could not agree on tracking sales from my site to his so the deal fell through. If you tie-up with such a merchant, and could work a way around tracking sales (by creating a sepearte sales page on the site) you can easily get your investment back in less than 6 months.

If you have further questions, please PM me.

Thanks,

I'm interested in this site and think you have a really great niche here. Though there is something I dont quite understand.

I dont see how you are making any profits if you are spending $50/day between Google and Oveture.

50/day x 30days = $1500
$1500/Month x 6 Month Garuntee limit = $9,000

So if its costing 10k to buy the site and 9k for advertising, to make 9k revenue for 6 months. Where is the other 10,000 coming form to make up for the investment?

-G
 

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Hello Golom,

Thank you for your interest.

The $50/day is a 'proposed' measure. I am not currently spending that.

The other proposed financials are as follows:

1. Sell 50 Xbox 360's after tying up with the retailer as mentioned above will net $4000 ($80 x 50 nos = $4k)

2. Get 1000 members to sign up for the PS3 alert service (500 existing members + 500 new members). We currently have over 2600 members and I estimate that around 500 of them will be interested to sign up for the PS3 alert service provided it is priced reasonably. The 500 new members will come from the Ads we have already budgeted for. So lets say $10/member x 1000 members = $10,000 in membership fee income.

3. Selling existing bundles (Games to be added to this) will get around $1000/month which we have been doing already as shown above.

So Net Income in 6 months = $10k (membership fees) + $6k (regular) + $4k (50 Xbox sold through Special promo) = $20k

Expenses = $9k as you pointed above ($50/day for 6 months) + $1k (misc expenses)

Total profit = $10k

The above is just an estimate and can fluctuate +/- 20%

Whatever you make from YPN/Adsense is additional bonus. I estimate this to be around $20 -$25 / day or $3600 / $4500.

Also, if you read the updated post above (sorry I did not update earlier) I earned Affiliate commission on only 50 Xbox 360's. Hopefully the new buyer will get affiliated with more retailers and can get commissions on 90% of the sales. So this will increase the $1000/month (no.3 above) considerably, which I have not accounted for.

I hope you get the idea now. If you have any questions, please feel free to post them here/ PM me / email me.
 
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