_Lorna_
lead trained


Joined: Jan 25, 2007 Posts: 4141
No.of Labs: 3 Lab Names: George (DOB 06/09/06) Alfie ( DOB 23/04/07) and Gladys (DOB 24/04/08) Location: Crawley, West Sussex
18637 LabPounds
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Posted: Fri May 08, 2009 8:34 am Post subject: |
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Have you know somewhat shot yourself in the foot? You asked why people were leaving and not rejoining a few weeks ago which started a huge debate and now you are trying to sell the site? Why would any member want to buy it after you telling us that it is losing members?
Lorna
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Basil
and Nellie Belly too


Joined: Aug 11, 2006 Posts: 9438
No.of Labs: 2 Lab Names: Basil and Nellie
75624 LabPounds
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Posted: Fri May 08, 2009 8:41 am Post subject: |
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| Quote: | | Why would any member want to buy it after you telling us that it is losing members? |
I haven't looked into the detail but I would imagine it could still be a very viable business opportunity.
The current owners have said they don't now have the time for it, a new owner presumably would and with more time / new ideas it could thrive again.
I would think that any current negative stats might be reflected in the purchase price.
I think it's nice they've put this thread up, far better it is sold to someone with a little knowledge of the forum surely? 
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labadmin
Head Honcho

 Age: 42
Joined: May 08, 2005 Posts: 871
No.of Labs: 1 Lab Names: Bradley Todspak Location: Devon
8144 LabPounds
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Posted: Fri May 08, 2009 9:18 am Post subject: |
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the number of new members hasn't dropped, its the number of subscribers that had started to slide. I believe in honesty on a site and hence asked you the members for help and had started on a chain of events to improve on the churn ratio, some of these are already in place and others can be added by the new owners
btw i have had considerable interest in the sale with almost double figure members asking for information so yes I think it would be better to sell the sites on to existing members as they know its format and its strengths and weaknesses 
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_Lorna_
lead trained


Joined: Jan 25, 2007 Posts: 4141
No.of Labs: 3 Lab Names: George (DOB 06/09/06) Alfie ( DOB 23/04/07) and Gladys (DOB 24/04/08) Location: Crawley, West Sussex
18637 LabPounds
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Posted: Fri May 08, 2009 9:31 am Post subject: |
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| labadmin wrote: | the number of new members hasn't dropped, its the number of subscribers that had started to slide. I believe in honesty on a site and hence asked you the members for help and had started on a chain of events to improve on the churn ratio, some of these are already in place and others can be added by the new owners
btw i have had considerable interest in the sale with almost double figure members asking for information so yes I think it would be better to sell the sites on to existing members as they know its format and its strengths and weaknesses  |
I stand corrected!
Good luck in finding a buyer and as people have already said, hopefully they will keep things pretty much the same.
Lorna
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Topseyt
Labraholic

 Age: 43
Joined: Oct 14, 2005 Posts: 8150
No.of Labs: 1 Lab Names: Charlie Location: Essex
70537 LabPounds
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Posted: Fri May 08, 2009 10:14 am Post subject: |
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Good luck with the sale! I will be sorry to see you go too!
I hope that whoever buys it keeps things ticking over much the same way as they do at present.
I am a mum of three children, and I do know that there just aren't enough hours in the day.
Helen.
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_Rach_
puppy walker


Joined: May 08, 2005 Posts: 323
No.of Labs: 1 Lab Names: Lillie DOB 16/04/08 Location: Durham
1882 LabPounds
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Posted: Fri Jul 17, 2009 9:27 am Post subject: |
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Any news on a new owner for LF yet? I know I was originally interested but couldn't make the numbers add up, sorry.
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labadmin
Head Honcho

 Age: 42
Joined: May 08, 2005 Posts: 871
No.of Labs: 1 Lab Names: Bradley Todspak Location: Devon
8144 LabPounds
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Posted: Fri Jul 17, 2009 9:34 am Post subject: |
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No news yet Rach, I did have a large number of interested parties, but quite a few wanted me to split furbabies from LF which would require considerable time and effort which is something i dont have and hence why considering selling lol
I still have a few interested parties but one has domestic issues and seems to have gone astray and the other has gone quiet so nothing definate at all yet 
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Scubabe
2011 Charity LF Calendar


Joined: Oct 17, 2006 Posts: 4861
No.of Labs: 2 Lab Names: Ozzie (DOB 12/09/06) & Vegas (DOB 02/07/08) Location: Gorgeous rural Oxfordshire
39673 LabPounds
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Posted: Fri Jul 17, 2009 11:00 am Post subject: |
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I don't understand why it would take "considerable time and effort" to split them up?
So the new owner of LF would need to remove a few links from LF to Furbabies for the payment of subscriptions - but it would be easy to make the subscriptions payable by other means - Paypal for starters...
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labadmin
Head Honcho

 Age: 42
Joined: May 08, 2005 Posts: 871
No.of Labs: 1 Lab Names: Bradley Todspak Location: Devon
8144 LabPounds
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Posted: Fri Jul 17, 2009 11:16 am Post subject: |
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the problem with paypal solely for subscriptions is that lots of people distrust paypal and wont use it. A few years back i used paypal subscriptions on LF and the take up was very slow but it was 20%+ higher when the option of standard credit /debit card transactions away from Paypal was introduced (I know that Paypal allows you to make a card transaction without being a paypal member btw)
So then you are left with real custom secure coding to accommodate credit card transactions integrated solely into the site.
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Scubabe
2011 Charity LF Calendar


Joined: Oct 17, 2006 Posts: 4861
No.of Labs: 2 Lab Names: Ozzie (DOB 12/09/06) & Vegas (DOB 02/07/08) Location: Gorgeous rural Oxfordshire
39673 LabPounds
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Posted: Fri Jul 17, 2009 11:31 am Post subject: |
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But surely that is up to the prospective new owner to work out the logistics? It is entirely possible that a new owner may not want to charge subscription fees at all, so they couldn't care less...
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