💢 Google Hates Niche Sites

The latest SEO news, two new deals on Flippa unlocked, plus crypto explodes

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Coming up...

📝 Patey’s Update

Nothing new to add since last week’s biznass update other than it’s hard ignoring crypto right now...

📰 Digital Asset Industry News

💪 More site reputation abuse continues to be uncovered, this time USA Today - Link

📉 Ziff Davis state that their Moz SEO business took a revenue hit - Link

🛒 Monday’s Google update continues to benefit ecom stores vs niche sites - Link

😕 But at least 22% Of Sites Hit By Google's Helpful Content Update Are Up 20% - Link

🐿️ Peanut the Squirrel token ($PNUT) runs over 15x in 3 days to $1.7B FDV - Link

📊 Website Investing

There are currently 457 listings between $100K and $1M in the websites category on Flippa, and 10 new ones to me since last week.

Below are two I unlocked using my Flippa Premium membership. You can get 3 months access for free using this link and bypass NDA approval.

🛒 Ecommerce: I really like this listing as it combines my twin loves of specialty coffee and the Netherlands (where the business/seller is located). The business has created its own brand and supplies its products to hotel chains, and I think I’ve actually come across it on my Euro travels this summer. It’s built on a Dutch based POS and website system and has a small amount of organic search traffic (~100/m according to Ahrefs), but very low domain rating. It’s on a really great branded two word .com which has value to me. This is not a typical acquisition, displayed by the €200K asking price which on the €1,522/m profit gives it a 11x annual multiple, but inventory is included - Listing URL

🛒 Ecommerce: 7-month-old print on demand personalized dropshipping store on Shopify. Primary traffic source is from Snapchat, the business is making $19,724/m and priced at a 1.1x annual profit multiple for a $125K ask, comes with 30K customer list - Listing URL

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🔗 Crypto Investing

Bitcoin continues to hit new all time highs currently over $92K, but it’s all about DOGE which is up over 100% over the last 7 days on the news of Elon’s role in the Department of Government Efficiency:

The number one exchange to buy DOGE is Binance. My bags are packed. Woof!

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The Rule of Seven states that a prospect needs to interact with a brand at least seven times before they’re likely to take action or make a purchase. Brand visibility in an influencer run newsletter should be valued as much as performance. This is why I price on CPM starting at $70 for a single placement but drops to $30 in a bundle.

That’s it for this week, until next time, catch me in the community.

Cheers!

Richard (@richardpatey)

Disclaimer: Nothing in this email is financial advice and I am not a professional investment adviser. I send weekly updates on digital asset news and what I'm doing personally - consider it informational and for entertainment purposes only. There are native ad sponsorships from the beehiiv ad network and ones I source via Passionfroot. Plus I add affiliate links to software I use, website marketplace listings such as Flippa, and crypto exchanges.

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