Comments on: £30,000 is the price for that tired old Web 1.0 site http://eu.techcrunch.com/2008/08/28/30000-is-the-price-for-that-old-tired-web-10-site/ Tracking European web and mobile start-ups Tue, 24 Nov 2009 21:42:25 +0100 hourly 1 By: Mike Shaw http://eu.techcrunch.com/2008/08/28/30000-is-the-price-for-that-old-tired-web-10-site/comment-page-1/#comment-202018 Mike Shaw Thu, 19 Feb 2009 11:24:30 +0000 http://uk.techcrunch.com/?p=1511#comment-202018 Jon, I took a look at ItsOurLocal.com and I can see what you mean. Its all for free and 1000% better than beerintheevenning. Looks like pubs can build their own web pages which look really pro. Google knows about 250K link on the site too. I think its one to watch. Mike Jon, I took a look at ItsOurLocal.com and I can see what you mean. Its all for free and 1000% better than beerintheevenning. Looks like pubs can build their own web pages which look really pro. Google knows about 250K link on the site too. I think its one to watch. Mike

]]> By: film indir http://eu.techcrunch.com/2008/08/28/30000-is-the-price-for-that-old-tired-web-10-site/comment-page-1/#comment-201847 film indir Wed, 18 Feb 2009 11:08:05 +0000 http://uk.techcrunch.com/?p=1511#comment-201847 A reasonable price in my view. A lot of traffic, a large user base, recurring revenue and nearly 40,000 incoming links .. I think the buyer got a good deal. A reasonable price in my view. A lot of traffic, a large user base, recurring revenue and nearly 40,000 incoming links .. I think the buyer got a good deal.

]]> By: Jon Shaw http://eu.techcrunch.com/2008/08/28/30000-is-the-price-for-that-old-tired-web-10-site/comment-page-1/#comment-197161 Jon Shaw Fri, 23 Jan 2009 12:08:42 +0000 http://uk.techcrunch.com/?p=1511#comment-197161 I think the market has passed them by and there are much better pub sites around even if they havn't yet got the same volume of traffic . Good example is itsourlocal.com which if it takes off could be the facebook for pubs. I think the market has passed them by and there are much better pub sites around even if they havn’t yet got the same volume of traffic . Good example is itsourlocal.com which if it takes off could be the facebook for pubs.

]]> By: Bill Waterman http://eu.techcrunch.com/2008/08/28/30000-is-the-price-for-that-old-tired-web-10-site/comment-page-1/#comment-155399 Bill Waterman Thu, 04 Sep 2008 16:36:13 +0000 http://uk.techcrunch.com/?p=1511#comment-155399 I agree with Doug Monro. I really like BITE. Simple, effective and a great real ale community. I use the site all the time. Qype is also good and has a cooler crowd but i use it more for meeting people + things to do at the weekend. I agree with Doug Monro. I really like BITE. Simple, effective and a great real ale community. I use the site all the time. Qype is also good and has a cooler crowd but i use it more for meeting people + things to do at the weekend.

]]> By: Steve http://eu.techcrunch.com/2008/08/28/30000-is-the-price-for-that-old-tired-web-10-site/comment-page-1/#comment-155255 Steve Wed, 03 Sep 2008 21:40:03 +0000 http://uk.techcrunch.com/?p=1511#comment-155255 Marcus - How would you make 7-8k per month, what ad network would you use for that or would you have to sell ads yourself to get that figure? and how would it reach 250k per month on ads on those numbers? or did this figure include the revenue from pubs listing on the website Chris - how do you speak to the large chains, letter, phone or email - I thought they would not have the time to speak with you? "We’re also working on the corporate side (working with the chains and breweries) to see what they want and other various features for our end users." What features would the chains want that you dont offer, as the site is comprehensive as it is Marcus – How would you make 7-8k per month, what ad network would you use for that or would you have to sell ads yourself to get that figure? and how would it reach 250k per month on ads on those numbers? or did this figure include the revenue from pubs listing on the website

Chris – how do you speak to the large chains, letter, phone or email – I thought they would not have the time to speak with you?

“We’re also working on the corporate side (working with the chains and breweries) to see what they want and other various features for our end users.”

What features would the chains want that you dont offer, as the site is comprehensive as it is

]]> By: Seamus McCauley http://eu.techcrunch.com/2008/08/28/30000-is-the-price-for-that-old-tired-web-10-site/comment-page-1/#comment-155058 Seamus McCauley Tue, 02 Sep 2008 17:02:54 +0000 http://uk.techcrunch.com/?p=1511#comment-155058 Type the name of any pub into Google; see what site comes up usually first or occasionally second; then tell me the site's not worth 10x the £30k it went for. BITE is the third page of search for a pub industry that's worth billions. Type the name of any pub into Google; see what site comes up usually first or occasionally second; then tell me the site’s not worth 10x the £30k it went for. BITE is the third page of search for a pub industry that’s worth billions.

]]> By: Chris Hughes http://eu.techcrunch.com/2008/08/28/30000-is-the-price-for-that-old-tired-web-10-site/comment-page-1/#comment-155037 Chris Hughes Tue, 02 Sep 2008 14:06:40 +0000 http://uk.techcrunch.com/?p=1511#comment-155037 Some interesting comments. Personally, we are going through all the data still and making sure it's valid, whilst catching up on the backlog of everything. As regards to web2.0 - there is no need to make everything all AJAX'd up and mashed in with everything if the data isn't any good / the current submissions, etc aren't included. We're also working on the corporate side (working with the chains and breweries) to see what they want and other various features for our end users. With regards to our traffic v qype.co.uk, etc - our marketing spend every month is £0.00 - what is theirs? :) The figures for traffic are correct and last time we looked, we were miles ahead with Hitwise in regards to market share for our category. Remember we only cover pubs and bars not everything under the sun (ie. hairdressers and shoe repairs!) Chris ps. As much as qype, etc seem to be doing well - there isn't one of those companies (welovelocal, trustedplaces, etc) that we haven't a) caught spamming our users and/or b) desperate to partner with us .. ;) Some interesting comments.

Personally, we are going through all the data still and making sure it’s valid, whilst catching up on the backlog of everything. As regards to web2.0 – there is no need to make everything all AJAX’d up and mashed in with everything if the data isn’t any good / the current submissions, etc aren’t included.

We’re also working on the corporate side (working with the chains and breweries) to see what they want and other various features for our end users.

With regards to our traffic v qype.co.uk, etc – our marketing spend every month is £0.00 – what is theirs? :)

The figures for traffic are correct and last time we looked, we were miles ahead with Hitwise in regards to market share for our category. Remember we only cover pubs and bars not everything under the sun (ie. hairdressers and shoe repairs!)

Chris

ps. As much as qype, etc seem to be doing well – there isn’t one of those companies (welovelocal, trustedplaces, etc) that we haven’t a) caught spamming our users and/or b) desperate to partner with us .. ;)

]]> By: Ed http://eu.techcrunch.com/2008/08/28/30000-is-the-price-for-that-old-tired-web-10-site/comment-page-1/#comment-155027 Ed Tue, 02 Sep 2008 13:36:47 +0000 http://uk.techcrunch.com/?p=1511#comment-155027 Glad to see the new owner has pushed things forward. http://trends.google.com/websites?q=beerintheevening.com%2C+qype.co.uk&geo=all&date=all&sort=0 Oh, wait.... Glad to see the new owner has pushed things forward.

http://trends.google.com/websites?q=beerintheevening.com%2C+qype.co.uk&geo=all&date=all&sort=0

Oh, wait….

]]> By: marcus austin http://eu.techcrunch.com/2008/08/28/30000-is-the-price-for-that-old-tired-web-10-site/comment-page-1/#comment-154648 marcus austin Mon, 01 Sep 2008 08:49:28 +0000 http://uk.techcrunch.com/?p=1511#comment-154648 £30k!! That's madness! Unless there's a revenue share with the old owner etc but even then it's still vastly undervalued. The minimum monthly revenue a site with that sort of traffic should be making from ads and affiliate revenues is £7-8K, and that's without trying. With a bit of effort it should be doing £250k. With a good sales person doing things like "Evening pub of the year" awards etc it should be raking in £500k a year. marcus £30k!! That’s madness! Unless there’s a revenue share with the old owner etc but even then it’s still vastly undervalued. The minimum monthly revenue a site with that sort of traffic should be making from ads and affiliate revenues is £7-8K, and that’s without trying. With a bit of effort it should be doing £250k. With a good sales person doing things like “Evening pub of the year” awards etc it should be raking in £500k a year.

marcus

]]> By: Doug Monro http://eu.techcrunch.com/2008/08/28/30000-is-the-price-for-that-old-tired-web-10-site/comment-page-1/#comment-154258 Doug Monro Fri, 29 Aug 2008 16:25:30 +0000 http://uk.techcrunch.com/?p=1511#comment-154258 BITE is great, totally underpriced. Am I the only one that own's the Beer in the Evening pub guide book? See Amazon, you can still get it. Great SEO, more traffic than bigger funded businesses like trustedplaces, toptable, moveme, touchlocal according to Alexa; web2 community before it's time in some ways. I don't think a makeover would have made it much more valuable (underlying traffic / $) - might have allowed them to flip it for more though. BITE is great, totally underpriced. Am I the only one that own’s the Beer in the Evening pub guide book? See Amazon, you can still get it.

Great SEO, more traffic than bigger funded businesses like trustedplaces, toptable, moveme, touchlocal according to Alexa; web2 community before it’s time in some ways.

I don’t think a makeover would have made it much more valuable (underlying traffic / $) – might have allowed them to flip it for more though.

]]> By: rav http://eu.techcrunch.com/2008/08/28/30000-is-the-price-for-that-old-tired-web-10-site/comment-page-1/#comment-154254 rav Fri, 29 Aug 2008 15:45:03 +0000 http://uk.techcrunch.com/?p=1511#comment-154254 its does seem cheap but as stated it was probably a reflection on earnings hence the PE must have been decent. They could being doing a lot more with it to monitise what they have and to make it easier/smarter for people to get to the information (web2.0 stuff).. its does seem cheap but as stated it was probably a reflection on earnings hence the PE must have been decent. They could being doing a lot more with it to monitise what they have and to make it easier/smarter for people to get to the information (web2.0 stuff)..

]]> By: A last QuickPint for the road.. « backpass.org http://eu.techcrunch.com/2008/08/28/30000-is-the-price-for-that-old-tired-web-10-site/comment-page-1/#comment-154247 A last QuickPint for the road.. « backpass.org Fri, 29 Aug 2008 14:52:42 +0000 http://uk.techcrunch.com/?p=1511#comment-154247 [...] that Beer In the Evening, the real heavyweight as far as online coverage of pubs etc in the UK, was sold for only £30k just a year ago!  In alot of ways thats amazing - not least that I could have probably raised enough to buy the [...] [...] that Beer In the Evening, the real heavyweight as far as online coverage of pubs etc in the UK, was sold for only £30k just a year ago!  In alot of ways thats amazing – not least that I could have probably raised enough to buy the [...]

]]> By: Joe Williams http://eu.techcrunch.com/2008/08/28/30000-is-the-price-for-that-old-tired-web-10-site/comment-page-1/#comment-154244 Joe Williams Fri, 29 Aug 2008 14:26:10 +0000 http://uk.techcrunch.com/?p=1511#comment-154244 I suspect the price reflected how much the site was making at the time. I feel that £30k is good value and that at the point of sale it was under-monetised. It gets nearly <a href="http://trends.google.com/websites?q=http%3A%2F%2Fwww.beerintheevening.com&geo=all&date=all&sort=0" rel="nofollow">30k uniques per day</a>. It's got around 440,000 indexed pages in Google. The majority of times I get facebooked or emailed to go out for a drinks with friends in London, a link to their website is used - it's a valuable website to the user and its interesting to see that it appears that it has not been that well monitised. I suspect the price reflected how much the site was making at the time. I feel that £30k is good value and that at the point of sale it was under-monetised.

It gets nearly 30k uniques per day. It’s got around 440,000 indexed pages in Google.

The majority of times I get facebooked or emailed to go out for a drinks with friends in London, a link to their website is used – it’s a valuable website to the user and its interesting to see that it appears that it has not been that well monitised.

]]> By: David K http://eu.techcrunch.com/2008/08/28/30000-is-the-price-for-that-old-tired-web-10-site/comment-page-1/#comment-154234 David K Fri, 29 Aug 2008 13:27:20 +0000 http://uk.techcrunch.com/?p=1511#comment-154234 Insanely cheap, I would have paid double... Insanely cheap, I would have paid double…

]]> By: Newsvend http://eu.techcrunch.com/2008/08/28/30000-is-the-price-for-that-old-tired-web-10-site/comment-page-1/#comment-154227 Newsvend Fri, 29 Aug 2008 12:22:35 +0000 http://uk.techcrunch.com/?p=1511#comment-154227 A reasonable price in my view. A lot of traffic, a large user base, recurring revenue and nearly 40,000 incoming links .. I think the buyer got a good deal. A reasonable price in my view. A lot of traffic, a large user base, recurring revenue and nearly 40,000 incoming links .. I think the buyer got a good deal.

]]> By: Mike Butcher http://eu.techcrunch.com/2008/08/28/30000-is-the-price-for-that-old-tired-web-10-site/comment-page-1/#comment-154226 Mike Butcher Fri, 29 Aug 2008 12:20:47 +0000 http://uk.techcrunch.com/?p=1511#comment-154226 I'm not being snippy about Web 1.0 (I was there too) - I'm just interested in whether a web 2.0 makeover would have made a difference. I’m not being snippy about Web 1.0 (I was there too) – I’m just interested in whether a web 2.0 makeover would have made a difference.

]]> By: Tom http://eu.techcrunch.com/2008/08/28/30000-is-the-price-for-that-old-tired-web-10-site/comment-page-1/#comment-154205 Tom Fri, 29 Aug 2008 11:33:12 +0000 http://uk.techcrunch.com/?p=1511#comment-154205 I agree with Andrew, less snippy web 1.0 chat please. It's a good site that meets needs well, not everthing needs to have no vowels in the title and rounded corners I agree with Andrew, less snippy web 1.0 chat please. It’s a good site that meets needs well, not everthing needs to have no vowels in the title and rounded corners

]]> By: RichardS http://eu.techcrunch.com/2008/08/28/30000-is-the-price-for-that-old-tired-web-10-site/comment-page-1/#comment-154190 RichardS Fri, 29 Aug 2008 10:24:24 +0000 http://uk.techcrunch.com/?p=1511#comment-154190 I think that figure is very cheap, considering they say they get 1.3million uniques every month and as previously mentioned there are a lot of pubs signed up to premium services at £100/year. In agreement with earlier comments, I don't what you really mean by Web 2.0 - My impression was that web 2.0 is where its a community and not just a static site, through the use of blogs, forums, comments, user-generated content etc... I think the site does that, even if it never updates its 'new' blog, or the new features they seem to go on about never materialise :) I think that figure is very cheap, considering they say they get 1.3million uniques every month and as previously mentioned there are a lot of pubs signed up to premium services at £100/year.

In agreement with earlier comments, I don’t what you really mean by Web 2.0 – My impression was that web 2.0 is where its a community and not just a static site, through the use of blogs, forums, comments, user-generated content etc… I think the site does that, even if it never updates its ‘new’ blog, or the new features they seem to go on about never materialise :)

]]> By: Dan Field http://eu.techcrunch.com/2008/08/28/30000-is-the-price-for-that-old-tired-web-10-site/comment-page-1/#comment-154187 Dan Field Fri, 29 Aug 2008 09:46:38 +0000 http://uk.techcrunch.com/?p=1511#comment-154187 Seems a bit of a bargain at £30k. They say they have 40,000 venues listed and have over 1.3 million unique visitors a month. With a name that is know by many and strong search engine and other links, it looks pretty good value to me. Seems a bit of a bargain at £30k.

They say they have 40,000 venues listed and have over 1.3 million unique visitors a month.

With a name that is know by many and strong search engine and other links, it looks pretty good value to me.

]]> By: kelvin newman http://eu.techcrunch.com/2008/08/28/30000-is-the-price-for-that-old-tired-web-10-site/comment-page-1/#comment-154180 kelvin newman Fri, 29 Aug 2008 08:40:31 +0000 http://uk.techcrunch.com/?p=1511#comment-154180 I know it's not particualrly 2.0 in look and feel but surely the user generated reviews aspect is more important. I woulda thought the whole ugc angle made it quite 2.0, and the fact it has a community I would have thought marks it out over quite a few start ups. Eurgh hate my use of 2.0 in the comment above but it kind of communicates my point of view. I know it’s not particualrly 2.0 in look and feel but surely the user generated reviews aspect is more important.

I woulda thought the whole ugc angle made it quite 2.0, and the fact it has a community I would have thought marks it out over quite a few start ups.

Eurgh hate my use of 2.0 in the comment above but it kind of communicates my point of view.

]]> By: Burak http://eu.techcrunch.com/2008/08/28/30000-is-the-price-for-that-old-tired-web-10-site/comment-page-1/#comment-154179 Burak Fri, 29 Aug 2008 08:36:44 +0000 http://uk.techcrunch.com/?p=1511#comment-154179 @K:F Still standing by the JAMs. @K:F

Still standing by the JAMs.

]]> By: Andrew http://eu.techcrunch.com/2008/08/28/30000-is-the-price-for-that-old-tired-web-10-site/comment-page-1/#comment-154178 Andrew Fri, 29 Aug 2008 08:36:29 +0000 http://uk.techcrunch.com/?p=1511#comment-154178 I mailed them about a sale a couple of years back and they weren't interested (and would have paid more than 30k even back then) so I guess that shows they failed to get full market price. They could have cleared 100k pretty easily if they'd marketed the sale correctly. PS. what is web 1.0 about a user generated site? Lets get over the whole web 1 or 2 garbage. If a site has users it has users, 9.9/10 couldn't care less about what the tech elite think. I mailed them about a sale a couple of years back and they weren’t interested (and would have paid more than 30k even back then) so I guess that shows they failed to get full market price. They could have cleared 100k pretty easily if they’d marketed the sale correctly.

PS. what is web 1.0 about a user generated site? Lets get over the whole web 1 or 2 garbage. If a site has users it has users, 9.9/10 couldn’t care less about what the tech elite think.

]]> By: Craig Cockburn http://eu.techcrunch.com/2008/08/28/30000-is-the-price-for-that-old-tired-web-10-site/comment-page-1/#comment-154107 Craig Cockburn Thu, 28 Aug 2008 22:50:06 +0000 http://uk.techcrunch.com/?p=1511#comment-154107 Maybe there's hope for me selling siliconglen.com yet.... Maybe there’s hope for me selling siliconglen.com yet….

]]> By: K:F http://eu.techcrunch.com/2008/08/28/30000-is-the-price-for-that-old-tired-web-10-site/comment-page-1/#comment-154106 K:F Thu, 28 Aug 2008 22:42:29 +0000 http://uk.techcrunch.com/?p=1511#comment-154106 When daylight breaks, Ill be down that road. Rockman an me, with a lighter load. We'll stop for lunch, in some taco bar. Lee marvin on the jukebox, wanderin star. When daylight breaks, Ill be down that road. Rockman an me, with a lighter load. We’ll stop for lunch, in some taco bar. Lee marvin on the jukebox, wanderin star.

]]> By: ArthurGuy http://eu.techcrunch.com/2008/08/28/30000-is-the-price-for-that-old-tired-web-10-site/comment-page-1/#comment-154097 ArthurGuy Thu, 28 Aug 2008 21:43:02 +0000 http://uk.techcrunch.com/?p=1511#comment-154097 The site seems to have built up a good search engine ranking so I imagine it gets a lot of natural search traffic, I know I have ended up on the site numerous times. In the past I have found a lot of the information on there old and out of date so if they could redesign it and bring it into the web 2.0 era without loosing the search engine listings and perhaps make it a little more user friendly it could become a decent site. The site seems to have built up a good search engine ranking so I imagine it gets a lot of natural search traffic, I know I have ended up on the site numerous times.
In the past I have found a lot of the information on there old and out of date so if they could redesign it and bring it into the web 2.0 era without loosing the search engine listings and perhaps make it a little more user friendly it could become a decent site.

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