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To start off with my goal is clear and attainable. My current situation is this; I run a few small niche sites and average around $120 a day profit, so I am looking for over 2000% growth.
Here are the rules:
1) Within one year of the site going live (< 2.5 months) I want to hit this
2) I will not give up
3) It will be with a brand new domain and site
4) I am starting with just over $5,000 (however, more may be added if the checks lag behind too much, but that will be accounted for).
5) It will use affiliate programs as well as AdSense
Here is what has already been done:
1) 1 link from a previous site has been pointed to some placeholder content, google has indexed the site with no title, I may add some more links soon
2) Site design has been outsourced, almost complete
3) An outsourced programmer has been confirmed for the CMS
4) An LLC has been formed for the company
5) 10 contractors have been hired to write continuous content
Here is the timeline:
1) Design done within another week
2) Programmed and ready to go live within 2.5 months from now
Expectations:
1) I imagine I will need a few million impressions per month to obtain this, but I want to be at this level within 1 year
2) I might have to hire a full time programmer and a few content writers along the way
I am sure a lot of other unexpected things will happen along the way, but just wanted to make an initial post much like rfungs, I will next update when the site is completed.
Wish me luck.
P.S. Multiply my daily goal by 365 ;-). I may not respond to PMs, don’t be offended, I’m just busy.
Who says Shopping.com only makes a million per year?
I'm not a big player by any stretch of the imagination, but if I multiply how many times bigger they are than I am, it seems inconceivable that they could make less than a million or two per month.
[webmasterworld.com...]
might want to check that out.
I cant access that thread. Are you saying that any new site I build will be "sandboxed" for 6-12 months? (is this just in g right now or msn and y also?)
Good luck finding a ton of sites you can get up to $500/month before running out within a year. I got a few tat easily make that, but have only identified about 20 other niches where it won't be hard at all with this formula. Still it takes a lot of time t set up adwords campaigns, etc. I can't bank on free traffic at all anymore.
Ever hurd of optimism? I didn't think so. Make up your mind. In this thread you act like $2,739.726 per day is possible to do. Then in another thread you try to destroy some one elses hopes and act like you can't even make $500 a month from sites.
My goal is to make this figure per day by one year, but also try and sustain that or raise it once I get there. A one day anomoly won't really count.
I heard shopping.com makes over a million per year, just a tad over though...
Actually, it's over 20 million per quarter revenues and about 2 million per quarter in operating income.
Site design should be done today hopefully.
Just think.... 50k visitors/day and an average 10% click through rate (5k visitors) of which there is a 10% conversion rate (500 purchases/items) on which you make $5 commission per item ... that's about $2500/day.
Now, I haven't even considered Adsense here.
Tweak your design to increase your CTR and Conversion, whilst your tweaking your keywords etc.
The more I think about it... it seems easier and easier. Now if only I could be bothered working that hard.
If it were easy, everyone would be making a million a year. It is NOT easy. But it isn't quite as hard as it might appear at first glance. Such a figure seems a real possibility to me these days. I'm not even close to it, but I'm mapping out my path in order to get there. :)
Best of luck, hdpt00, I hope it goes really well for you!
Procyon.
[edited by: Procyon at 5:55 pm (utc) on Feb. 2, 2005]
but someone explain to me how getting 100K (or even 350-500K) page impressions per day is possible without relying on search engine traffic?
12 content writers? how much content are you aiming for? is there a word count per day, article count per day you are aiming for?
Ever hurd of optimism? I didn't think so. Make up your mind. In this thread you act like $2,739.726 per day is possible to do. Then in another thread you try to destroy some one elses hopes and act like you can't even make $500 a month from sites.
That's what I said in the other thread.
Anyways, the traffic part without organic results is pretty tough unless it's very brandable, or type-in domain. Other possibilities for that much traffic on a limited budget would be hoax or pop culture such as celebrity sites. His is most likely none of the above, but that's some serious traffic without natural results.
He did say reinvesting, so once he gets back up to his original capital amount (5k) he can get 100,000 hits/day at $.05.
25,000 uniques * (0.05 / unique) = $1,250 a day in costs. Now to hit my goal I'd need to get $3989.726 in revenue. This leads to an ECPM from all advertising of $39.89726 which in the overall scheme of things seems high. But some other features I've built into the site will see revenue coming in from multiple streams besides relying on AdWords traffic to convert. That is about as far as I can go into the financials before I start giving away my business plan.
But it isn't that far from a reality. However, here is a last worse case scenario I am imagining:
ECPM sinks to $20, therefore to hit $2739.726 with an average of 3.2 page impressions per person I would have to spend $9783.07 per day and get 195,661.4 uniques. In this case some things would have to be tweaked, retweaked and retweaked again to raise the ECPM.
I heard somewhere that autotrader get like $40 CPM for banners. I have never dealt with banner advertising in a long time, but I remember on one of my real old sites a few years back the best I could get was $12 or so. In my estimated I am hoping for $0.30 to $0.50 CPM banner rates. Anyone want to enlighten me if this is reasonable?
Once again, there will be a lot of obstacle and hurdles, but making calculated risks and smart decisions should lower the hurdles a few feet and make this possible within a year, I am fully confident.
Thank you all for your support and hopefully I've inspired some others.
Just so we can all take a look and examine and study how it's working. And even some of us might help out, if it's relevant to any of my sites i'll help out by linking to you in a prominent place, at least to send you a few thousand visitors just to get you started.
(and yeah i'll do it free. only coz i want to see the final outcome of this. If you succeed, I know how much more motivation i'll have to achieving the same.)
That is it right there. Risk is good. Just about everything worth having involves risk. It's the people that are willing to step up and take big risks that win in the end. They don't stop trying until success is achieved. They might fail 1000 times, but eventually they win, and win big.
Also, I am going to link 2 more sites to the placeholder content to see if I can get the initial site indexed and at least rankings for its name.
Never know, it might end up being an eBook some day which'll make you more millions :p
can someone shed some light on to this for me, or better yet, sticky me some sites you have come accross that prove me wrong hehe.
Update: I switched around the content a bit on the placeholder site and expanded it. I linked to it from two of my current sites.
I'll keep a close watch to see if GBot comes by any time soon. I guess the next milestone that will probably happen is getting indexed with a title and description.
I see that you are, however, very skeptical, yet all business must start from this stage and it is those who reach out and try the hardest that will, in the end, succeed. If you are skeptical of every possibility and never try you'll never know.
First off, you da man. I love your plan. I'm eager to hear how well your content works to sell your affiliate links. We have one site with a lot of targetted content, but we're not trying to sell affiliate links with it. I can now clearly see how affiliate links can outperform AdSense and similar programs, even though AdSense is a god send and allows us to maximize profits without much traffic.
I guess the downside of any AdSense is that it is simply harder to predict how well it will perform. But count the least amount and be pleasantly surprised every month.
Thanks for keeping a diary of this here, and keep up the great work.
Dave.
<faints>
I busted my butt just to get 10,000 visitors a day to a site.
I can't even imagine 100k visitors, my server would melt and I'd need a 6Mb pipe for the traffic.
What are you estimating the hosting costs to be on 100-500k per day?
Versus random articles on a product.
What I'm curious about is what you're paying the writers, H. $0.05 per word ($25 an article)?
