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Big Hip Hop Music Website (audio and graphics)

Discussion in 'Sites' started by DaStarBuG, Apr 6, 2008.

  1. #1
    Hi

    My 2 Colleges and I have to much to do to really
    work on our music website as much as we want
    to or would be needed to utilize the full potential.

    Even though the site is running nicely on its own
    we are considering to sell the whole project.

    hiphop-battles.com

    HipHop-Battles.com is an international Hip-Hop
    audio and graffiti graphics competition platform
    for Hip-Hop artists from around the world.
    HipHop-Battles.com allows users to try out their
    beatbox, rap or graffiti skills with other users
    on a unique online competition platform. Two
    artists enter a competition or »battle« and the
    whole community decides through voting who
    they think is best. The ranking system encourages
    members to constantly engage in competitions.

    We currently host over 25,000 MP3s and graphics
    that are all available for free download. The
    constantly expanding repertoire is attracting a
    steadily increasing amount of visitors. The beats
    are exclusively produced for HipHop-Battles.com
    which only allows self-produced audio and graphic
    files. For every single file we host, we hold the
    unreserved rights to reproduce and publish it unlimited.
    These rights will also be fully transfered to the buyer.

    HipHop-Battles.com was founded November 2003
    and is getting more popular every day. The project
    is based on self created and highly professional
    programmed battle software. The project also includes
    a vBulletin Community Forum which is used for socializing
    between our members and talk about battles. The
    vBulletin License is NOT included but the Design and
    Database of our Forum IS included in the sale.

    Site Statistics:
    21.280 registered Members (Ø 20 years, >90% male)
    13.828 Battles
    24.810 Battle MP3s
    965 Grafitti Pictures
    641 Exclusive Beats

    Traffic Statistics: Feb 21, 2008 - Mar 21, 2008
    27,989 Visits
    12,189 Absolute Unique Visitors
    295,770 Pageviews
    10.57 Pages/Visit

    31.12% Bounce Rate
    00:07:42 Avg. Time on Site
    40.70% % New Visits

    46.83% Direct Traffic
    7.32% Referring Sites
    45.84% Search Engines

    Following URLs are part of the project:

    beatboxbattles.eu
    graffitibattles.com
    graffitibattles.eu
    hiphop-battles.com
    hiphop-battles.de
    hiphop-battles.eu
    hiphop-battles.net
    hiphop-battles.org
    hiphop-battles.tv
    hiphopbattles.de
    hiphopbattles.eu
    hiphopbattles.tv
    mcbattles.eu
    rapbattles.eu

    We don't sell single domains or sub-projects/sites.
    Offers below 20,000€ (EUR -> estimated 34,500USD)
    are being discarded as fun offers.

    The site is currently monetized via Google Adsense
    and is currently self sustaining. Adsense is not the
    ideal way to monetize a website in this niche. We don't
    have the time to directly market advertising space but a
    professional mediakit will also be included in the sale.

    For security reasons the deal will be made via SEDO.com.
    We are currently listed there. Please feel free to ask
    any questions you might have

    Best regards

    StarBuG
     
    DaStarBuG, Apr 6, 2008 IP
  2. dopiitv

    dopiitv Well-Known Member

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    #2
    Nice site- hope the sale goes well!
     
    dopiitv, Apr 6, 2008 IP
  3. Shazz

    Shazz Prominent Member

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    #3
    Great name! Surprised you got that domain name.
    ---
    When visiting your forum. Its trying to download something on my PC. Thats a little scary...
     
    Shazz, Apr 6, 2008 IP
  4. DaStarBuG

    DaStarBuG Peon

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    #4
    Hiphopbattles.com was already owned by a guy.
    He wanted 800USD for it.

    Since then we are sending him traffic via misspells and
    now he wants over 8000USD for it ;)
     
    DaStarBuG, Apr 6, 2008 IP
  5. Shazz

    Shazz Prominent Member

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    #5
    lol added 0 at the end. Ive been ripped off by my ideas with hiphop domain names many times... :(
     
    Shazz, Apr 6, 2008 IP
  6. dopiitv

    dopiitv Well-Known Member

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    #6
    damn! you should have bought it when it was at $800 lol
     
    dopiitv, Apr 6, 2008 IP
  7. DaStarBuG

    DaStarBuG Peon

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    #7
    I was a poor student and the site was just a nice idea which started as hobby.
    I had no money or it was not worth it for me at that time.
    Now I regret it every day :p
     
    DaStarBuG, Apr 6, 2008 IP
  8. dopiitv

    dopiitv Well-Known Member

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    #8
    Lol yea I would regret it too
     
    dopiitv, Apr 6, 2008 IP
  9. DaStarBuG

    DaStarBuG Peon

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    #9
    To bad we can't look into the future :p
     
    DaStarBuG, Apr 6, 2008 IP
  10. Shazz

    Shazz Prominent Member

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    #10
    You can how ever look at potential
     
    Shazz, Apr 6, 2008 IP
  11. DaStarBuG

    DaStarBuG Peon

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    #11
    We have big potential, that is fact
     
    DaStarBuG, Apr 6, 2008 IP
  12. DaStarBuG

    DaStarBuG Peon

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    #12
    No questions at all?
     
    DaStarBuG, Apr 7, 2008 IP
  13. dopiitv

    dopiitv Well-Known Member

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    #13
    you might want to try sitepoint- bigger wallets over there
     
    dopiitv, Apr 7, 2008 IP
  14. Shazz

    Shazz Prominent Member

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    #14
    Not many people spend much on hiphop anymore $
     
    Shazz, Apr 7, 2008 IP
  15. DaStarBuG

    DaStarBuG Peon

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    #15
    Thanks for the tip, I will look into it.
     
    DaStarBuG, Apr 7, 2008 IP
  16. DaStarBuG

    DaStarBuG Peon

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    #16
    It is still a multi million dollar industry and the we offer free music
    which makes our website very interesting.

    I think the most interesting part of our website is the full right to
    reproduce and publish any music that was released on our website.

    There is big potential ;)
     
    DaStarBuG, Apr 8, 2008 IP
  17. Abbadox

    Abbadox Active Member

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    #17
    How much revenue does the site generate now?.
     
    Abbadox, Apr 8, 2008 IP
  18. DaStarBuG

    DaStarBuG Peon

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    #18
    Currently due to the lag of us working on the site for over 6 month now
    and several server downtimes of multiple days:

    Adsense ~50USD

    Normal Adsense income was around 90-150USD the past several years
    + direct sells of ad space

    But Hiphop is not a niche for adsense monetization
    it is a very low paying niche (around 5-15cents per click)

    March 08
    757k impressions
    48,81USD
     
    DaStarBuG, Apr 8, 2008 IP
  19. Wordsmith

    Wordsmith Peon

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    #19
    How do you warrant the asking price for a site making $50 on adsense - even 12000 uniques is low?

    Can you explain to me how I will make my laughable $34500 back with profit?

    JohnT
     
    Wordsmith, Apr 8, 2008 IP
  20. DaStarBuG

    DaStarBuG Peon

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    #20
    Direct marketing of adspace (very interesting user group)
    Sell of music
    monetizing concepts for site usage (e.g. restrict number of uploads for non paying members, etc)

    there are multiple possibilities for monetizing a site like this

    Hiphop-battles.com is not a site that is "install and relax" like text content sites.
    It needs work, maintenance and further developement.

    But the potential is extremely high.
    For whom ever is buying this site I can deliver multiple ideas for further development

    The asking price is this high because of:

    - the long development process and thousands of hours spent for the highly professionally build software
    - the mass of content and the licenses that come with it

    If you just look for an investment to spend money on and then watch the income flow,
    hiphop-battles.com is not what you are looking for

    The number of visitors is that low because no marketing/promotion what so ever was done for over a year now.
    Still without any work the user numbers are consistent because of the great content and unique value the site has.
    Apply proper marketing and promotion and the site will skyrocket.
     
    DaStarBuG, Apr 8, 2008 IP