Darren Hoyt and I would like to sell WPQuestions.com, but only if we can find the right person (or company) to take over this site. The buyer would have be as respectful of the community as we have been.
Ironically, we were pulled away from the world of WordPress almost as soon as we launched WP Questions. Darren now works full time on Readability. And I got busy with some Symfony projects (the framework we used to build WP Questions).
I would like to be working full time on the software that powers WP Questions, and all of the other Codewi.se sites. We started offering this software to everyone, in a limited beta, however, there is much work to be done. The money raised from the sale of WP Questions will go towards improving the software.
Right now, WP Quesitons has about 3,000 members. Ideally, the buyer will be someone who is deeply embedded in the WordPress community – someone who can grow the site to 30,000 members and more.
To be clear: we are talking about converting WP Questions to a standard Codewi.se site, that you would own and control, but it would be hosted on our servers, and our relationship (yours and ours) would be subject to the same terms as any other Codewi.se site. We would keep 2% of the prize money that goes through the site, so for every $1,000 in prizes, we would get $20. You can charge whatever fee you want on top of
that (we currently charge 12% plus .90 cents on top of whatever the prize is offered, so when an asker puts up a $10 prize for a question, we charge them $12.10).
WP Questions is currently getting around 1,000 visits a day:
The site’s traffic is at an all time high:
We have posted charts showing how much money moves through the site, and how many people are signing up.
If you think you might be the right person (or company), to take over WPQuestions.com, please contact me at lawrence @ krubner . com
I have never figured out the profits on this site. I did write a very primitive estimate which gives me a rough idea, and which is on the admin page. You can see this screenshot from last November:
The total payments are actual numbers, but the PayPal figure is an estimate that could be off by 2% or 3%. The basic math is (from last November):
$13,175 – $11,390 – $623 = $1,162
Very roughly, I think we make about 10% of the prize money, so roughly $30 to $60 a week:
$45 a week implies $2,340 a year. The site keeps growing, so I assume if Darren Hoyt and I do nothing, the site will bring us between $3,000 to $4,000 this next year. We’ve also thought about adding advertisements, which I guess would give us a total near to $5,000.
The site requires about 1 hour of work each week, mostly to handle requests for refunds. The refund rate has been steady at about 9% for most of the site’s history.
If you took over the site, you’d go through the same setup as anyone else:
I’m uploading 2 PDFs with exports of data from Google Analytics. One is about the last month and one is about the last 15 months.