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  1. #1
    ABW Ambassador darkstar7's Avatar
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    Talking Big Sweet Piece of Ecom Pie
    "Shopping.com reported $99 million in revenue last year, and Shopzilla projects at least $130 million this year." by Leslie Walker, .com, Washingtonpost.com.

    Then the sweet cashout.
    "The E.W. Scripps Co. said this week it will pay $525 million in cash for Shopzilla.com, a site that lets consumers search for products and compare details of 30 million items from merchants across the Web. Last week eBay announced it would fork over $620 million in cash for Shopping.com, a similar service that went public last October." by Leslie Walker, .com, Washingtonpost.com.

    I want some.........
    Luke
    Have you promoted your brand name today?

  2. #2
    The slot machine that IS paid! Billy Kay's Avatar
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    Steve mentioned that in his speech.

    We're obviously doing something wrong

    I've been online forever. Someone should have offered me zillions of dollars by now!

  3. #3
    notary sojac Herb ԿԬ's Avatar
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    Quote Originally Posted by Billy Kay
    Steve mentioned that in his speech.

    We're obviously doing something wrong

    I've been online forever. Someone should have offered me zillions of dollars by now!
    I guess there are a whole bunch of us who have yet to be discovered.

    I'm ready.

  4. #4
    ABW Founder Haiko de Poel, Jr.'s Avatar
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    http://forum.abestweb.com/showthread...t=shopping.com

    Consolidation is the name of the game NOW! ... Wait for many more to come, and many more "site(s)" deals.
    Continued Success,

    Haiko
    The secret of success is constancy of purpose ~ Disraeli

  5. #5
    ABW Ambassador Snib's Avatar
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    Isn't Shopzilla an offshoot of Bizrate.com? I thought they just copied their site and gave it a new domain name. Now if only I can copy my best site, keep the original, and sell the copy for $525 million.

    - Scott
    Hatred stirs up strife, But love covers all transgressions.

  6. #6
    Resident Genius and Staunch Capitalist Leader's Avatar
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    Heck, for that kind of money I'd sell my biggest site and even sign a noncompete agreement.

    Shoot, I'd sell ALL my sites and sign the noncompete. Hello Hawaii! (Exception: If I was already making $525 million [or near it] on a yearly basis.)
    There is no knowledge that is not power. ~Hemingway

  7. #7
    ABW Ambassador darkstar7's Avatar
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    I gotta get better PR (public relations). Nothing like having hundreds of newspapers and websites promoting your site for you. Free Buzz, free customer base, zillions of dollars.
    Luke
    Have you promoted your brand name today?

  8. #8
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    if i can make a site to earn $99 million in revenue i can make it earn even better and someone should offer me at least last year earnings X 30 to sell it.... can u emagine ? in Shopping.com's case it would be about 2.970 $ million.. now this is payment :P but.. i can live whit $525 million for my present masterpices.. :P

  9. #9
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    nope, 30x is a far to big multiple for a ecommerce venture... but going with 3-5 would be agood start...that's were they landed finally :-)

  10. #10
    ABW Ambassador erninator's Avatar
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    I recently received my first offer to buy my mall site that was 2x earnings. No way I would sell it for less than 5x. It was a no-brainer decision to decline the offer. I can enjoy my earnings and grow my income at my own pace. I don't have to start over again. I won't have to pay taxes on the sale. I won't have to worry about the buyer adding a BHO to the site or trashing it in any other way. I built the website so I would have something to play with during my retirement years, so i won't be bored. And the main reason for turning down the offer was when the potential buyer said "trust me, my friend" during the first 5 minutes of phone conversation.
    ~Ernie

  11. #11
    notary sojac Herb ԿԬ's Avatar
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    >>>"trust me, my friend" <<<

    like the turkey said: "Pluck Me?" "Pluck YOU!"

  12. #12
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    I hate those guys....

    "do it - this deal is good for you"
    "trust me - I am your friend"
    "you won't get a better offer soon"

    and all the other crap sales talks...

  13. #13
    Newbie
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    Oh... Herb ԿԬ - cool nick!

  14. #14
    2005 Linkshare Golden Link Award Winner  ecomcity's Avatar
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    Quote Originally Posted by Snib
    Isn't Shopzilla an offshoot of Bizrate.com? I thought they just copied their site and gave it a new domain name. Now if only I can copy my best site, keep the original, and sell the copy for $525 million.

    - Scott
    Shopzilla and Bizrate are one in the same enity. Much better buy then Shopping.com ever will be as they're 100% legit -no parasitic syndications & partnerships -valued merchant rating system -much better PPCSE conversion ratio and merchant product displays. I hope eBay and Shopping.com choke on their own greed as Nextag starts the BHO toolbar tricks and farms out merchnat keywords to the likes of WhenU -Gator and 180Solutions.
    Webmaster's... Mike and Charlie

    "What have you done today to put real value into a referral click...from a shoppers viewpoint!"

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