May 21 2010

Hey Man, Do You Smoke Pot and Flip Websites?

Heading into the weekend I thought I would have some fun and highlight an interesting and entertaining website for sale. PotSpace.com, “a place for stoners,” is currently up for auction on Flippa.com. At the time of this post it is already bid up to $11,100. The interesting thing is this social network site makes no money but it does get around 25,000 unique visitors per month and has over 186,000 users.

The seller says the site was featured in Rolling Stone magazine. I don’t smoke marijuana myself, but I found the site very entertaining. I spent about 30 minutes just browsing around and watching some interesting and funny videos. Let’s just say pot smokers know how to have a good time. Makes me wonder if I’m missing out on something…lol.

There is a BIN set for $25,000. There is no doubt in my mind that the BIN will be met. With an established, four year-old social network of such passionate members, there is a lot of revenue potential. I remember a while back there was a guy who had a website selling various “how to” guides on how to make bongs and the like and he was making a killing.

My head is a buzz with ideas of how I would monetize this site. If it were another niche I might be interested in buying it but I don’t smoke pot and I never have so I’d be higher than a kite to invest in this website. If you’re a pot smoker though and have the money to invest, this might be a great opportunity:)

{ 5 comments… read them below or add one }

1 Justin @ Flip Filter May 24, 2010 at 4:02 AM

Does anyone know any good cake and cookie affiliate programs :)

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2 Jason May 21, 2010 at 8:38 PM

YEAAAAAAAA BOY!!! LOL I can smoke ya up over this way, you know where I live! ;) heheheehhe j/k

Nice post, I didn’t even see this site on Flippa and I see some good potential in it.

I can’t believe it is already at 11k with only 2 bids that seems a little odd to me? But power to the seller!!! :)

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3 Travis May 21, 2010 at 10:46 PM

Hey Jason!

Nice weather we’re having, ey? I can’t wait for the weekend to roll around. I love this hot weather.

As for the bidding…the seller had a starting bid of $11,000 so the second bidder placed a bid for $11,100 – that’s why you see only 2 bids and such an odd amount. This will be an interesting auction to watch.

Travis

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4 Missy May 21, 2010 at 5:40 PM

lol. What a niche? This one should definitely be in Luke Moulton’s weekly “what a niche” tweet.

I haven’t read the Flippa auction yet, but is the owner allergic to money or something? Why would he /she not monetize a nicely trafficked base, or at least attempt to. Off to check out the auction. Cheers!

Missy

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5 Travis May 21, 2010 at 10:49 PM

Hey Missy!

Tell me about it. I’ll be the first to admit I’m not the brightest bulb on the Christmas tree when it comes to monetizing websites, but I think even I could stumble into some way of making money with this targeted network of users:) I wonder if drug lords are Internet Marketers as this would be the ultimate lead generator…lol.

Travis

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