Cash Quests: How not to buy a blog
I’m disappointed with how the sale of Cash Quests has gone down. After reading that site daily for the best part of a year, there were times when I was inspired and educated to make money online. Although I often disagreed with the authors of Cash Quests, there were many articles that made that blog stand out. But now, after the blog was sold for $15,000, it’s been left for dead.
Somebody has obviously taken over the blog because the advertisements have been removed and replaced with large ad blocks. There hasn’t been a post on Cash Quests for more than a week and neither the old nor new owners have even mentioned the sale. Compare this with the sales of Blogging Fingers and Ryan Shamus’ blog and you see a stark difference – those sales were open and publicized.
Cash Quests was pulling in $1,300 a month, but why would any of the advertisers continue with their packages now? Furthermore, who is going to buy a review from Cash Quests? Take a look at the Cash Quests advertising page and, oh, wait a minute – there is no advertising page! It now point to a page on the website of the new owner(s) – IEntry.
It’s hard to imagine why a company would spend that kind of money on a blog only to kill it. Even the “About” page is now redirected to an IEntry page.
The iEntry Network consists of the best business-to-business web search engine, several targeted “niche engines” and email newsletters reaching over 6,000,000 unique opt-in subscribers. Total newsletter delivery is over 50 million emails per month.
It’s hard to believe that the owners of Cash Quests would let their blog fall into these hands when other bloggers have made it clear how important it was to them for their sold blogs to be treated well by the new owners. But then, it’s all about money, isn’t it?
Cash Quests is dead.
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Digg it for goodness sake! Stumble your heart out!
I have had bad experience of selling site to iEntry. IEntry is known to crush the site immediately after sale. I sold a PR2 directory to them which now stands at PR5. Its vanished and resources offered earlier have vanished too.
Cashquests seems the worst blog sale ever done.
Well, there is a new post up there now, but it would have to rank as just about the worst post ever written on Cash Quests.
Well, I think the previous owner of CashQuest made monetary sense and profited from it. Money in hand is always better than speculation. The said owner can always come up with a new site. Though it may take time, the experience is there.
As for the new buyer, unless they have something up their sleeves to make more money than the money spent purchasing CashQuest, this purchasing decision will leave many puzzled on their rationale of taking CashQuest into something different.
Its all about the money guys!