Facts and Figures
|Month||April 2019||May 2019||June 2019|
|Month||May 2019||June 2019||July 2019|
Note: Traffic data was provided on 14 July 2019. Enquire for more recent data.
Users = 3634
MAU = 18%
Lists created = 5139
Words saved = 75502
Extension downloads = 727
The Google Analytics integration below missed the bounce rate and average session duration:
Bounce rate = 45.31%
Average session duration = 8m 23s
Introduction video: https://www.youtube.com/watch?v=FU_eZV_haKY
See a full product walkthrough here: https://medium.com/@pierstein/welcome-to-wordeys-cdfc969a721a
Next steps could be a profession or topic focused language learning market place. E.g. 'Learn 80 Marketing Terms In Chinese from YouTuber John Doe'
How does your business make money?
Storage. Pay $X,- per month if you have 500+ words saved.
We didn't get to switch from our current model to the storage one, it's one of the first things you could do.
Or with a few tweaks, you could create a language learning marketplace and take a % of the payments of the courses sold.
Why should someone buy this business?
If you're excited about scaling a software product with a good name and logo in a huge international market, this could be your chance.
How can the future owner improve this business?
- Make the testing games more fun
- Marketing! (I never had the resources to market it)
- Add storage revenue model
- Let creators put their lists into folders and add explanation videos to create courses they can sell on a Wordeys marketplace.
Why are you selling this business?I just don't have the time, team and resources anymore to keep working on it.
- Scalable Business Model
- Overall Market Size
Opportunities for a new owner
- Launch New Products
- Improve Current Marketing Efforts
- Introduce Further Revenue Streams
Key day-to-day operations
- Design & Production
- Launching New Products
- Programming / Development
- Content marketing
- Google Adwords
- Word of Mouth
- Brand assets
Post sale support
This is support provided by the seller when transitioning the business to a buyer.