...

[fwho]

empty

[GigaDice]

How much are your monthly profits as a 90 BTC price tag is quite steep for a site which operates in a dying market.

[fwho]

How much are your monthly profits as a 90 BTC price tag is quite steep for a site which operates in a dying market.

ROI is apx. 24 months. And yes, my niche category is fading, but Steam is beginning to pick up that loss in sales quite nicely and I fully expect it to not only continue to do so, but to exceed it. After all, I am still new to the Steam card scene.
I will send you a PM with more details.

[fwho]

I did not have time to update the thread today, but here are some stats to validate my claim that Steam sales are making up for the loss of NGCs.

As % of revenues from July to August NGCs went from 79.58% to 57.97%
While Steam went from 10.65% to 28.65%

Steam sales increased over 219% from Jul to Aug
As of of today (Sep 1st) Steam sales have already reached 19.5% of last months sales.

I didnt actually start selling Steam cards until into July so I expect to continue to see increases.

[MWNinja]

Websites tend to sell for around 5x monthly gross profits, not 24x....way overvalued.

[fwho]

Websites tend to sell for around 5x monthly gross profits, not 24x....way overvalued.

Well I am not going to open discussions at the lowest price I am willing to accept. Also, I would like to know where 5x monthly comes from. Especially since this is a retail site and not one that requires high amounts of traffic, such as sites based on ad or affiliate marketing revenues.

[fwho]

Websites tend to sell for around 5x monthly gross profits, not 24x....way overvalued.

Happened to talk to my old business professor today and mentioned this to him. He laughed too.