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CareerRamblings.com Sells For $20,000!

I’ve been following Career Ramblings since it started in November 2006 and was quite surprised to find out today that it has been sold for a whopping $20,000!!

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Created in a partnership between Jane May and John Anthony, the site loosely focused on career advice and experiences in the corporate world and managed to achieve a brilliant PR6 in the last PageRank update.

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The site was always designed to make money online and there are some quite interesting points to note from it’s success and sale:

  • Adsense earnings were a big earner ($678 in May) for the site and this is no doubt due to the high-paying business ads that were displayed
  • Affiliate earnings were another big money earner. I found this curious as I never noticed many affiliate links or banners on the site. With a bit of searching, I found the post Netflix vs Blockbuster which was a textbook case on how to get affiliate sales. Disguised as an “on-topic” business comparison, the links to Netflix and Blockbuster were affiliate links that earned around $20 per sign-up.
  • Traffic was great during the weekdays but dropped to pretty much zero on the weekends. This is probably due to the nature of the site and career information being searched for by students and workers. The 38,000 unique visitors in May is a great number but perhaps not overly difficult to achieve.
  • Hired ghost writers were used for recent posts on the site. A good strategy for a site of this nature and the owners were able to find writers that delivered around 30 posts with 3-4 days turn around time. However, this does mean that whenever I see another post written by Jane May anywhere I’ll be wondering whether it was ghost written or not! I’m also starting to wonder whether Jane May was just “the face” of CareerRamblings.

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  • The site had a loose focus. Despite being primarily about careers, posts on AGLOCO and remodelling a patio were way off-topic. This does question the “stay close to your niche” philosophy for success.
  • Reputable backlinks were achieved due to the topics of the posts. Many high quality “education focused” sites linked to CareerRamblings. That isn’t possible for a lot of niche sites.
  • The site earned $1800 a month and as it sold for $20k this figure is in line with the “rule of thumb” technique that your site is worth about 10x your monthly earnings. NetBusinessBlog earned $1200 per month and sold for $13k.

It’s a great result for the CareerRamblings team and I want to wish them a big congratulations on their success!


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17 Comments »

I’ve been following this site for a while too. It’s amazing how fast they turned it into something and sold it. Amazing..

by Terra Andersen

 

The very popular bore.com? Hmmm, interesting…

by John Chow

is it bore.com or is it bored.com?
i think it’s bored.com John :)

by Jack Book

Everyone knows John doesn’t use spell check, leave him alone! :twisted:

So Jane May is really John Anthony, and Kumiko Suzuki is really John Chow? :mrgreen:

by Joshua

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It’s a real tribute to what Jane and John did . . . . I have to admit that John Chow should be very proud that he has helped grow this site also . . .

by Gary Lee

And I think it’s John Anthony, not John Chow :)
but sure, while John Chow mention about her so many time on John Chow dot Com, of course that help increase the popularity of carerrrambling. congrat to them.

by Jack Book

John Chow dot com did a lot for them. I’m sure he’ll be asking for a cut :twisted:

by Kumiko

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I’m surprised at how easily people can flip sites. The prices seem a little cheap though.

by A Tentative Personal Finance Blog

Seems like blogs are not valued the same way as traditional businesses. If you can maintain $1800 a month, you’ll start going positive within a year - that’s easy money.. but what’s a blog without the original blogger?


Jerry
Road to Mega Millions

by Brilliances

A blog without the original blogger could have 2 outcomes:

1. If it is a general blog without niche, then it would become an empty shell afterwards.

2. If it is a professional blog wrapped around a niche, it would continue to be robust because the subject has not changed.

One thing though, every good blogger has his/her personal style and passion which they carry about. Even when they start a fresh blog, they would carry their traditional audience with them to the new platform.

by Philomena Ojikutu

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Agreed. A bunch of well known sites have been changing hands. But at 10X monthly earnings, it seems cheap until you weigh the risk factors involved. Will the new owner keep the audience (how fast can you say Boo.com?)… Money can flow out just as fast. So concrete plans for an online empire need to be made to prevent losses!

So far NetBusinessBlog’s new owner isn’t really keeping the site uptodate with sporadic blogging, … mmm. Taking over someone else’s business can be tricky!

by Investorblogger

 

[…] CareerRamblings.com Sells For $20,000! » Make Money Online at Kumiko’s Cash Quest […]

by Links, Articles and More » CareerRamblings.com Sells For $20,000! » Make Money Online at Kumiko's Cash Quest

 

[…] Kumiko has more info on the CareerRamblings’ […]

by Flipping blogs, would you sell your blog?

 

Interesting. I think it’s about time to sell the site also. They are losing focus, and when it happen, they will be losing a lot audience also. Career Rambling traffic a bit low if they have Google PageRank6, I do some analysis on the site, I”m pretty impress how they get high ranking site to link it to them. But they are really bad in optimize on the keywords to get traffic.

Kumiko, where you find the auction list?

by ken

 

[…] just read that CareerRamblings.com has sold for US20,000 from Kumiko post. It’s really not bad for about 6 months […]

by Cash In For CareerRamblings.com - Make Money Online Now With Hoobin Review Center

 

[…] a website will generally sell for ten times it’s monthly earnings. It’s the reason that CareerRamblings sold for $20,000 and why NetBusinessBlog sold for […]

by Lazy Way To Sell Your Site For $1000 » Make Money Online at Cash Quests

 

I think Jane is off spending her half of the $20,000 as her other site hasn’t been updated in almost a month.

Building a PR6 site and maintaining it over 6 months, seems like the time and effort put in was worth much more than $20,000 in the long run. (especially $US) :grin:

P.S I’m Canadian.

by Steve

 
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