Link to this reserve auction is at the end of the post. You didn’t think I was going to make it easy,did you? Of course not, I need to improve my bounce rate!
First my annotations.
This is part of my “Would I Invest” Series… formally known ad “Would I Buy It”.
There is a fine line between building from scratch and buying an established business online that may or may not have seen better days.
I wouldn’t suggest you buy something like this unless you went in business with someone who knows what they are doing with this sort of thing.
I’m not going to dive into the math this time.. But the portfolio is averaging 5k to 7k a month.
Below are the details of the offering pet the listing on Flippa.
Verified more than 6 million downloads (see screenshots below)
Verified more than 77,000 monthly active users (see screenshots below)
Average monthly revenue of from July 2016 to June 2017 is $6,815.
Verified download (growth) of more than 32,000 (see screenshot download period June 3 to July 2)
Piclay Pro (Paid 3.99 USD) verified lifetime download of 31,423
Well established in the App Market
App is already well known
Numerous and established core users and still growing
REASON FOR SALE
We have decided to sell Piclay as we do not have the resources to continue updating the product and maintaining it. We wish to focus our attention on new ventures.
DEVELOPMENT
Piclay was developed in Swift, the product should generally be updated every 2 or so months to increase traffic. We can offer the Team’s details that works on Piclay as they are competent and intuitive.
OPERATION
Piclay only requires time spent when you wish to update the product and fix/include new features. other than that the app runs itself.
MONETIZATION
Piclay is monetized through IAP purchases as well as Admob and Appodeal SDKS, we also have beacon SKD’s within the app which include Reveal and Beaconsinspace. Each of these monetization systems are paid monthly.
MARKETING
We spend absolutely nothing on marketing. The last time we marketed Piclay was at the beginning of 2016. When we were advertising on FB we would gain a download between $0.20-0.60 cents per user.
INCLUDED IN THE SALE
Included in this sale would be www.piclayapp.com , 4 applications (Piclay Pro and free iOS and Piclay Pro and Free Android)
FUTURE OPPORTUNITIES
The app figures and statistics above only shows Piclay Pro and Free iOS versions. As shown in this listing, the profits are very good on their own. It would not be hard to imagine that by just updating Piclay Pro and Free Android Versions to mirror the iOS versions, the revenue and download statistics in this listing will undoubtedly at least double the already lucrative income this listing presents. The new buyer can also include a media spend, and has the option to offer more for free within the app and continually do small updates.