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Reading Time: 5 minutesOn February 16th 2022 I purchased “The Content Edit” for $999. A blog about blogging. This blog instantly caught my eye because of its digital assets:
I instantly knew I needed this business, purely so I could pull it apart for scraps. Lucky for me, the profit on this business was -$104/month. Now you're probably thinking, why would you be at all interested in something that's generating negative revenue?
Simple, I'm pulling it apart. This means that any existing business costs are going to disappear as I add them to my existing business.
After I did all of this, the blog had zero outgoings. I then started to move parts of it around.
For me, the big one (and still is) was the blog post. With them being a mix of business, blogging and travel content, I had to split them between a few of my websites. Travel content went over to “Life as a Butterfly”, and the business and blogging content got split between “Gillian Sarah”, “SOCIÉTÉ.me”, and some ended up over here on “The Blog Method”.
As soon as I had copied it over I added a redirect on the existing site so any traffic going to that post from Google would end up on the alternate site. The posts were also just deleted from the blog as I went.
Inside the Teachable account, there was a course with 6,170 students. These students were mainly all on the main course “Trigger your Blog”, but there were a few enrolled in a mini-course “100 Christmas Content Prompts”. Looking at the main course, it has never generated any revenue as it was used in course bundles and similar things. The mini-course had taken in $445 over its lifetime.
Looking at these courses, they are not the kind of thing I feel comfortable reselling. It's all video of the original owner sitting and explaining things to the camera, so it wouldn't fit with my own personal brand. But that's fine, like I mentioned previously, I removed the premium Teachable subscription so it's costing me nothing to keep this course up and running for existing students, and it's always there if I want to use it in the future somehow.
The mini-course is just a video with 2 accompanying PDFs. So I can use this as either an opt-in or an upsell around the holidays if I feel the need.
Truth be told, the mailing list was the true gold mine of this purchase. With half of the course members subscribing, it added an additional 3,000 contacts to my Flodesk mailing list. I welcomed myself, explained why they were now on my mailing list instead of hers, and then a few weeks later pitched them my new website template collection. Within 24 hours of this second email, I had made back more than my initial investment. Woohoo! Never underestimate email marketing (even though I really don't enjoy it!).
In all honesty, I haven't touched a lot of the products that came with this purchase. There were 4 opt-in digital products, a webinar that had been used as a freebie, and 3 Lightroom Preset packs. I instantly knew I wanted to move the Lightroom Presets across to “SOCIÉTÉ.me” as they fit in much better with that audience. The other 5 products, I've not yet touched.
This came with a highly engaged Pinterest, and a not-so-engaged Instagram. To be fair though, she had mentioned she had been neglecting Instagram for a year or so. But I was still a bit shocked when I posted the first post and it got 6 likes. I expected more from almost 5k followers. The story reach was also very minimal. I quickly abandoned this.
There is a Youtube account set-up with the brand, it has 25 videos, most of which are embedded into blog posts on the site. Although they only have on average about 10 views each. Apart from a travel vlog that has 1.4k views.
The socials are a little underwhelming. But for what I wanted the website for, that doesn't really bother me.
This is by no means a site I want to hold onto for a long time. At the beginning of June (once it's been 3 months since the initial domain transfer) I plan on bundling it up and selling it. Sure it will come with a lot less than was initially on it, but currently, I have the website running some ads and generating a positive profit, so it will be much more appealing to buyers. This means that I'll get at least my initial investment back, if not more, purely on the resale of the content I don't plan on moving. When I do sell this I'll include the original branding and socials, so someone will be getting a fairly strong Pinterest profile, and I might even include the course files so they can use them. I'm not too sure yet. If you are interested at all in purchasing “The Content Edit” do reach out. the domain is locked until June 2022, but I'm sure we can figure something out.
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[…] Lightroom Presets – Across to “SOCIÉTÉ.me” for the new preset store that was launching over there (remember we took the presets from “The Content Edit” as well). […]
[…] time has come to say goodbye to “The Content Edit“, it sold at the end of September 2022. At this point, I had owned it for 7 […]