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Increasing market share / eyeballs / $$$
rcjordan

WebmasterWorld Senior Member rcjordan us a WebmasterWorld Top Contributor of All Time 10+ Year Member



 
Msg#: 432 posted 10:50 pm on Oct 8, 2001 (gmt 0)

Looking back over the now 6-year development of my niche network of sites it's fair to say that there's been a lot of tweaking, tuning, and outright experimentation with everything from content, to design, to revenue sources. Now I find myself intent upon DEcommercializing my sites, taking out two of my income generators in the process -one of them substantial.

I've decided to convert banners to very low key in-house promotions (not too costly at current CPM) and also reduce the presence of sponsorships (Ouch! $$-maker). All of this is designed to widen the window of acceptance for 3rd party sites choosing outgoing links. I see it as an opportunity to use my low overhead to "fund" a form of site promotion that my competitors cannot afford, particularly in the currently harsh advertising climate.

Anyone else doing something similar or have any other ideas of how to grab market share or generate new traffic while your competitor is having trouble just staying afloat?

 

Drastic

WebmasterWorld Senior Member 10+ Year Member



 
Msg#: 432 posted 5:44 pm on Oct 10, 2001 (gmt 0)

So, you are killing off your current ads (probably not missing much, aside from sponsorships) to offer a better content experience, in order to achieve more inbound links, better recognition, and amass marketshare. Then, once most-things-web rebound, you will have quite a foothold. Not a bad idea, at all.

I'm not currently doing anything as (ahem) drastic, but have always had "loss leader" type pages, where I hope the visitors find their way to revenue generating pages. The only thing I can think of suggesting is more of the same - build, build, build.

Liane

WebmasterWorld Senior Member 10+ Year Member



 
Msg#: 432 posted 5:46 pm on Oct 10, 2001 (gmt 0)

I am one of those having trouble staying afloat in a declining economy and the current "fear of flying" epidemic doesn't help much either. As my income is based on tourism, these two things are very difficult (but not impossible) to contend with.

Had it not been for WmW, I would undoudtedly already be out of business. I am and have been in the unfortunate (or fortunate) situation of *living on the edge* and within weeks of bankruptcy for more than a year and a half ... and since the nortorious Inktomi crisis which nearly toppled me.

However, my disadvantages over this past year and a half are rapidly becoming my advantages. My competitors will now HAVE to downsize and tighten their belts and some won't be able to.

My overheads are very, very low and my web site visibilty is climbing exponetially with each passing SE update. After September 11th, I didn't have a sale until yesterday when I rec'd two, very lucrative sales. One came from Google, the other from Yahoo. Both were as a direct result of the last Google update and a climb in search results.

One of my biggest competitors has already gone under and I heard that they haven't had a single sale in two months. There are grumblings throughout the industry and my guess is that by December or January, I will have 2/3 the competition I have today.

If and when I can manage it, I intend to submit more pages to Yahoo and will likely get involved in Google's adwords programme to try to increase the site's visibility even more.

I agree that a downturn in the economy can serve to bolster those companies who are prepared to suffer the immediate loss of sales. Since I can't get much lower ... I have nowhere to go but up. At least that's my story and I'm sticking to it!

In the meantime, I am diligently working at making my site number one through providing the best content out there and spending all my spare time reading WmW and learning as much as I possible can about Google, Fast, Wisenut and Teoma.

rcjordan

WebmasterWorld Senior Member rcjordan us a WebmasterWorld Top Contributor of All Time 10+ Year Member



 
Msg#: 432 posted 7:32 pm on Oct 10, 2001 (gmt 0)

>offer a better content experience
>
Yes, I'm elevating content... going even softer on the soft sell. Even prior to this move, if you'd looked at my sites you'd be puzzled as to how they manage to pay the bills.

>achieve more inbound links
>
A rocket scientist told me that human editors and even marginally competitive webmasters are far more likely to list a site as a resource if it comes in low on the commercial radarscope. The acceptance threshold for the much-coveted .edu or .gov link is higher still.

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