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Thread: Malaysia Kid Internet Business way .....

  1. #1

    Malaysia Kid Internet Business way .....

    Today a youngster (30), come to offer me his site, look at the site, traffic stat and so on .......... i'm not really interested but i still ask him "how much you think your site worth " the answer is min 1 million (330k usd), i was shock when i heard and see the way he reply with confidence ...

    Reason for expecting prices :
    1. The site have PR 5. (sorry i don't give a damn care)
    2. Niche site. (Property, cpm should be more then 100)
    3. Making profit now (but from my valuation, this site won't make more then rm 2k = usd 650)
    4. alexa rank 200k ++
    5. Daily traffic 3000uv.

    i'm seriously shock with kid mind set now ..... the best he can compare his site with Malaysia top property site
    Also asking me (my company) to pay rm 30k/usd 8.5k permonth to advertise on his site
    I'm not try to make joke with this guy but aren't web entrepreneur THINK ?

  2. Wow, that sounds like a lot of money for advertisement purpose. I don't think I would spend that much to advertise on just one website.

    But did he managed to get someone else to advertise on his website for that amount of money?

  3. Quote Originally Posted by SonnyCooL View Post
    Today a youngster (30), come to offer me his site, look at the site, traffic stat and so on .......... i'm not really interested but i still ask him "how much you think your site worth " the answer is min 1 million (330k usd), i was shock when i heard and see the way he reply with confidence ...

    Reason for expecting prices :
    1. The site have PR 5. (sorry i don't give a damn care)
    2. Niche site. (Property, cpm should be more then 100)
    3. Making profit now (but from my valuation, this site won't make more then rm 2k = usd 650)
    4. alexa rank 200k ++
    5. Daily traffic 3000uv.

    i'm seriously shock with kid mind set now ..... the best he can compare his site with Malaysia top property site
    Also asking me (my company) to pay rm 30k/usd 8.5k permonth to advertise on his site
    I'm not try to make joke with this guy but aren't web entrepreneur THINK ?
    I can relate to this kind of behavior...some people their work is xxx more worth then anyone else's and they don't have any sense of reality when it comes to their work compared to someone else's.They think their stuff is best and more worth then anything that someone else can develop or make for that matter.

  4. #4
    Join Date
    Apr 2010
    Location
    india
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    would like to take this opportunity to ask fellow experts.

    what should be the parameter's when putting a price agains links or advetisment images.

    also does Ranking Alexa & PR matter.

    or its just more of unique Views only.

  5. Quote Originally Posted by anantshri View Post
    would like to take this opportunity to ask fellow experts.

    what should be the parameter's when putting a price agains links or advetisment images.

    also does Ranking Alexa & PR matter.

    or its just more of unique Views only.
    A few days ago I read a interesting article on this subject.
    http://www.stuntdubl.com/2006/02/20/website-valuation/

  6. Actually, it happens everywhere. Not just Malaysia

  7. Quote Originally Posted by SonnyCooL View Post
    ... i still ask him "how much you think your site worth " the answer is min 1 million (330k usd)
    You asked the question "How much do you think your site is worth?"

    He answered the question "How much do you want for your site?"

    Quote Originally Posted by SonnyCooL View Post
    I'm not try to make joke with this guy but aren't web entrepreneur THINK ?
    Yeah he's thinking -- he's thinking you're an easy mark.

    I'd put him in his place by asking for detailed traffic stats and then telling him what his site is worth in terms of both advertising and purchasing.
    Submit Your Webmaster Related Sites to the NB Directory
    I swear, by my life and my love of it, that I will never live for the sake of another man, nor ask another man to live for mine.

  8. #8
    Quote Originally Posted by Will.Spencer View Post
    You asked the question "How much do you think your site is worth?"

    He answered the question "How much do you want for your site?"



    Yeah he's thinking -- he's thinking you're an easy mark.

    I'd put him in his place by asking for detailed traffic stats and then telling him what his site is worth in terms of both advertising and purchasing.
    asking him prices is to know how much i need to spend on AD
    but with that reply, i think i stop ....

    yah u rite, the back ground of the company make him think we are easy target

  9. Quote Originally Posted by SonnyCooL View Post
    asking him prices is to know how much i need to spend on AD
    but with that reply, i think i stop ....

    yah u rite, the back ground of the company make him think we are easy target
    Sometimes young people just need to be "adjusted".
    Submit Your Webmaster Related Sites to the NB Directory
    I swear, by my life and my love of it, that I will never live for the sake of another man, nor ask another man to live for mine.

  10. yayk!

    please tell him. i'd like to buy that site once he had sold it to someone.


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