Archive for the ‘ Minisite ’ Category

Epik acquires DevRich.com — Luke Webster joins Epik as SVP Operations

Wednesday, May 26th, 2010
Epik acquires DevRich.com — Luke Webster joins Epik as SVP Operations

I am pleased to announce the completed acquisition of DevRich.com — an innovator in the area of mass domain name development.  As part of the transaction, Luke Webster, President of DevRich will also become SVP Operations of Epik.  Luke will continue as President of DevRich, which will operate as a division of Epik.

devrich_banner

Automated website generation is not a sustainable practice
One of the things that we have learned at Epik over the last year is that automated website generation does not work over the long term.  The search engines are simply too smart and ultimately clients get what they paid for — not much. If you, or your vendor, produce a large number of sites without the benefit of human editing or original content, your sites will eventually be banned by the search engines.  In other words, the robo-content model does not scale and inevitably becomes a victim of its own (short-lived) success.

Another major challenge for the traditional providers of low-end content services is that there is usually no “migration path” beyond the “starter site”. If the site starts to get indexed and ranked, then what?  If the content is weak, the bounce rate will be 80+%, and the “online debut” will fail.  When a site starts to get ranked on a term with search volume, the site owner has a finite window — measured in days or weeks — to deliver a more compelling user experience.  To do that, there has to be an integrated plan for moving beyond the starter site once the site gets traction. That is the missing link for anyone operating a network of “farm sites”.

What about Custom sites?  Custom Product Portals, Minisites, and Directory Portals do work — done properly, they often work very well in fact.   However, they are not free. For example, at Epik, there is a $249 setup fee for a custom product portal like IceCreamMaker.com. There is a $999 setup fee for a Directory portal like Dining.com. This is the one-time cost to get a custom site designed, launched and ranked.  The investment is entirely justified but it is not for every domainer or for every domain.

What did Epik accomplish by acquiring DevRich?
First and foremost, we added a talent team, led by Luke Webster.  Epik is well known for responsive customer service. As the Epik business has grown, my personal capacity to be “traffic cop” on new projects will eventually hit a limit.  Luke is a strong candidate to run “air traffic control” for Epik, working closely with other team members like John Lawler who has done a tremendous job producing 100 custom product portals each week. DevRich also brings a call center operation that will play a key role not only in providing expanded inbound customer service for Epik, but also allows us to introduce inbound call processing for sites that are hosted by Epik.

Second, we added competency in the area of building out original sites on WordPress.  This fits with our own growing capability to use and extend WordPress as a content management system for site development.  Chathura Bandara, who leads the offshore team in Sri Lanka, will now report to Luke. For clients, this means onshore account management can be combined with the superior cost structure of a technology-enabled workflow that uses offshore fulfillment where it makes sense.

Third, we added project management capacity for expanded production of custom Minisites.   Sample sites being worked on this week, include Sushi-Menu.com, New-Homes.com, and Rental-cars.com.  In addition to using commercial WordPress modules, these Minisites are being equipped to adopt unifying components from the Epik platform such as Identity.net, Comments.com, Questions.com, as our next-generation Directory framework.


Why this deal made sense
With DevRich, a customer can efficiently take 100 domains out and see what hunts.    The track record for DevRich has been consistent and the customers who have embraced it are pleased with the result. While this is not a substitute for comprehensive development, it is a scalable and cost-effective place to start.   Here are some representative examples of what DevRich produces for its lowest cost solution:

legalaidattorneys.com
appeallawyers.org
dclawyer.net
hydrogencup.com
seejamaica.info
hhoelectricgenerator.com
denverlaborattorneys.com
bl.com
3gPhones.com
wannalead.com

From the above list, the site 3GPhones.com is a good example of one that should be built out since the potential is large due to the high number of related searches.

Getting Started with DevRich.com and Epik
If you have a portfolio of names that you want to develop, the easiest first step is to send us your portfolio. You can send it rob -at- epik.com or luke -at- DevRich.com.   At no cost to you, we’ll review the portfolio and recommend a capital efficient strategy for developing the portfolio.

Epik acquires DevRich.com — Luke Webster joins Epik as SVP Operations

Seasonal Minisites – The e-File.com case study

Thursday, May 6th, 2010
Seasonal Minisites – The e-File.com case study

Seasonal websites are a tricky thing. They can be lucrative niches if executed well, e.g. Halloween sites, Mothers Day sites, Christmas sites, etc.  Seasonal websites usually correlate to what I call “Episodic purchases” –usually made by first-time customers who are looking for a quick solution to their issue.  E-File.com is one example of a seasonal Minsite that we operate.

The History of e-File.com
Ed Stolarz brought us the domain e-File.com. We originally thought it should be auctioned or sold to someone in the tax preparation business. We still think that. We made a focused effort to sell the site to some of the logical end-buyers but could not get the 6 figure price tag that we thought was entirely warranted.  So, in February we quickly set up a Minisite with which to monetize the site for 2010 while also laying groundwork for building a more significant site.

The site went live right around February 1.  It was authored in DevHub.com — a company with which Epik has close ties.  The DevHub solution offers integrated directory services which was helpful for quickly incorporating a directory of local tax advisors.  Chathura, who leads our Sri Lanka based production center produced the site.  Sri Lanka is where we produce 10-30 Minisites per week, mostly for our own portfolio but increasingly for clients like Ed.


How did it do?
As expected, the traffic spiked around April 14 — the day before the tax day deadline. Here is the report from Google Analytics.

efile

The full Google Analytics file is available here for anyone who wants to study it:  Analytics-EFILE

The revenue sources skewed towards LinkShare which was added shortly after the initial launch. You can see the relative split here for February-April period:

  • Revenue from linkshare = $2,347.04
  • Revenue from Adsense = $1,442.10

Ed was pleased with the 2 month result as this was far better than what he was doing prior to the Minisite development.   It also provided real data with which to justify the 6-figure price tag that we think this site warrants to a strategic buyer.

What’s next for e-File.com?
A formal auction for the e-File.com domain is probably the right next step.  If there is a specialist for selling finance/tax sites, we are interested in having this name shopped to the right buyers.   OilPrices.com is another Epik-powered site that is a good candidate for a similar process.

If we don’t sell the domain by summer time, e-File.com will be ready to go to the next level in time for the October 2010 filing deadline for extension filers. This will be a warmup for the 2011 tax reporting season.

The two main improvements areas are:

  • Improved ranking in search engines: The e-file.com site is competitively ranked in Bing and Yahoo but not Google.  The reason seems pretty clear, and that is the relatively lack of original and fresh content. For starters, that can be fixed with editorial work, article sourcing/syndication, and a relevant news feed.
  • Integrated Directory Services: The directory feed we are using here is one from SuperPages. It does not monetize all that well, and there is no way for a service provider to pay to get listed.  Our forthcoming directory platform — TelephoneBook.com — will remedy this situation. And that is a subject of a future post!



Seasonal Minisites – The e-File.com case study