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Freehive.com

Asking Price: $204,000


Description

Freehive.com & Hirehive.com

Freehive.com is a top quality career networking site, that was first introduced in August of 2001 as synapze.com. From that time it has migrated to weblnx.com and then onto freehive.com.  This is a website that has had a large amount of capital invested into it to produce a service that can stand up to all challengers. Currently the seller is seeking the right investor who can take over this project  and provide marketing expertise as well as technical skills.
If this is done properly Freehive.com & HireHive.com has the potential to become a leader in career networking. Various revenues streams such as recurring subscriptions, contextual ads, banner advertisements and affiliate programs are all possible. 

FAQ's from the Seller:

1.  There are actually two sites, FreeHive.com (FH) which is a free site for jobseekers, and HireHive.com (HH) which is a paid site for recruiters/employers.  FH receives 10-20 unique visitors per day, as does HH.

 
2.  When we promoted the sites to recruiters/employers in July 2006, we received $100-200 in revenue per day.  Today it's not generating any significant revenue as it's not being actively promoted.
 
3.  It's fairly inexpensive to operate the site.  The total cost to keep it alive is $125/month in hosting fees.  further money would be invested into continual development as well as a marketing budget
 
4.  Either through employees, contractors, or hard work (for someone with ALL the right skills), the buyer will need 10-20 hours per week of technical support, 20-30 hours per week of marketing support, and 20-30 hours per week of customer support.  I would also anticipate that continual development and enhancement will be required to stay abreast of the market.  Running this business will be a fulltime effort for a small team of 2-3 people.
 
5.  We have ~8,000 registered users.  Of those who visit the site about ~20% become registered users, which is a very high statistic.  With a concentrated marketing effort, the number of registered users will grow with reasonable quickness.

 

 

Top 5 unique features of FreeHive for your reference:
 
1.  Dynamic connection chains -- as members join, connect with each other, etc, the path between a jobseeker and a target employer evolves with the network
 
2.  Tight integration with Indeed.com API -- to the best of my knowledge, we are the only social network using Indeed.  MySpace and LinkedIn have an association with SimplyHired, but it's not a full integration, and SimplyHired's technology is not as good as Indeed's.  SimplyHired is also trailing Indeed significantly in user numbers, revenue, and Alexa rating.
 
3.  Complete job application management abilities -- on the fly, the system looks for the 'apply' email or link on a job posting and allows the user to apply using a stored resume.  This allows one resume stored in one place to be used for applications at virtually every site on the web.  It also allows a jobseeker to track their application across multiple sites from a single location.
 
4.  'Picture-in-Picture' job browsing -- each job from a search result opens in a unique iframe, allowing the jobseeker to compare two or more jobs simultaneously, rather than the back-n-forth clicking required on every other job site
 
5.  'Assured validity' of the network -- when you get beyond the second level of a network, the power of the referral is significantly diminished.  this is b/c the parties don't actually know each directly.  freehive solves this problem by forcing a conversation between each party along the chain before the referral can be passed on.

 

 

For more detailed information please contact us and we will be happy to explain this great business opportunity in more details

 


Listing Information

Monthly Income: $0
Monthly Unique Visitors: 1,000
Asking Price: $204,000

Contact Information

Name: Justin
Email: sales@wesellyoursite.com


If you are interested in this business please contact the person above with your questions and voice your interest in the business! The process will begin there.
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