Secret to a successful restaurant business is not marketing. It's:
Location, location, location.
Secret to a successful online business, is not a topic. It's:
Traffic, traffic, traffic. And more damn traffic!
Consider top adsenser in Canada, the guy is making $10,000 and he's paid 5-10 cents dating clicks. Quality does not count; it's quantity that counts.
His web design is worst than I ever saw. But again, he can serve tens of thousands clicks per day. So, who cares? He pockets $10,000/day. We are bunch of losers compared to him.
I also live in Canada and the cost of living here is same as in the USA. But, what can I do? I am not going to move to some second class or third class country just because they can live on $200/month.
My main traffic comes from cheap advertising, but I do also (sometimes) advertise on Adwords.
All in all, I don't spend more than $200/month on advertising.
I get lots of traffic from forums and other website, people who quote or reference my website. I don't get lots of traffic from Yahoo or Google search engines. Search engines don't like me and I am reluctant to do SEO, because I think it's agains the TOS. I don't wanna spam Google with relevant or irrelevant (repetitive) keywords just to drive traffic to my site.
Also, ad positioning. Put in in the most insulting locations. For example, visitors starts reading article from left to right. Put the ad on the left. Let visitors read your advertisement first and then he can read your article.
That way you can monetize visitors, otherwise they are just waste of bandwith.
I am still disapointed with my earnings. I feel that I deserve $10,000 or possibly more, like that top Canadian adsenser. So, today I decided to completely change my business model, my website, and everything.
I will be going public (aka: more detailed) about this in the next 2 weeks. Will keep you posted.
The March is the month where I am making some important decisions. And April will be the month when I will execute them. April will be "make it or break it" for me.
My goal for March: make a sustainable plan, finish web redevelopment, execute your plan in April.
My goal for April: $30,000 to $50,000.
correction: I feel that I deserve $10,000 A DAY or more like top Canadian adsenser... etc
One more thing:
It took me only 250,000 impressions to generate over $10,000 on my website.
How about that?
You guys talk about millions of impressioins that you serve. I think you don't know what you are doing. With that many impressions, I would be Donald Trump by now.
Again - either you are capable of running a business, or not. THat's the difference between success and terrible failure.
[edited by: martinibuster at 9:51 pm (utc) on Mar. 8, 2006]
[edit reason] Member request. [/edit]