Image Search Engine, CompFight.com, Sells For $50,000
Registering a $10 a domain and installing a search engine script can sometimes pay big dividends. This is what the owners of popular image search engine, CompFight.com have discovered to their glee. The website was recently sold on Flippa.com for a whopping $50,000 and represents a nice payday for something that probably took a couple of days to build.
CompFight.com is used by people who want to do image search that the big engines like Google and Yahoo Images don’t cater for. According to one user, CompFight has been their biggest source of Creative Commons images and can literally save you thousands on stock photos.
The for-sale listing stated that the site was first registered in 2008 and that the site currently gets around 70,000 unique visitors a month. Profits are quite low though, coming in at just over $2,100 a month. One observer pointed out that it’s a bit strange that a website with this level of traffic makes so little and so feels that the new owner will ramp up the promotion of the site.
At any rate the $50,000 payday will be well worth it for the seller. Could they have asked for more? Perhaps, but considering that auction attracted only 17 bids from a total of 12 different bidders, it’s unlikely it would have gone for more.
Do you think the owner of CompFight.com should have sold it for more? Share your thoughts on pricing with us in the comments below.