zarathustra2011 - 12:00 pm on Jun 21, 2012 (gmt 0)
My website launched in 2004 when there was virtually no competition at all. My peak earnings didn't come until 2011, so it does make me think there is more to be had, but it's hard to keep up with the huge number of new websites with the same or similar themes these days. Some of them have dedicated webstite teams working away behind the scenes, whereas I am just one person, so it does become harder and harder. The only advantage I have over some of the new websites that appear, is that some have built their sites purely for financial reasons, whereas for me, it is a pastime and something I am knowledgeable about - I only added Adsense around 2006, and never made much from it at the time, despite I had good visitor numbers.
I could never muster the motivation to create websites purely for advertising value.