Forum Moderators: skibum
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.
It's not big ticket items, they range anywhere from $99-$350, and we only have about 3-4 different items.
It's very very targeted, it's certainly something that a person would seek out to buy, if we were to do a traditional marketing campaign that probably wouldn't work for us. Just about every single customer we have comes from search engines, the rest are probably referals.
So this company just dropships items basically? or does it still work with an affiliate model? why the need for employees? (sorry for all the questions, just curious to learn about other types of opportunities, even if i don't know what exactly is being sold)
There's actually about 12 employees in total, most of them answer the phones to fullfill orders and answer questions. Then a general manager, a web designer, two shipping guys, and me the marketing person. The owner actually only shows his face about once a month, he pretty much sits back and collects the checks. His need for me is bring traffic to the site, I do all the seo and sem.
you wouldn't be working for mfishy, would you?;-)
anyway, good luck with your site - what's the projected launch date?
When taking from peoples pockets they tend to become merciless & vengeful.
possible?
I have 3 links pointing at it, hope google gets on this quick and adds me. I am currntly showing a URL only listing, it knows I'm out there.
Are you making sales yet via the PPC engines?
When does that come into play?
Hunter
I do PPC as well and it has been very effective.
When I was 14 I started my first business and sold it when I was 15 for a very generous price and hence have some money to experiment with and not lose too much of my savings. It was an online greeting card site and got about 100,000 impressions per day with about 100K people on the mailing list.
Sounds odd, but this sounds exactly like a motivated entrepreneur I've spoken with before several times. Are you a student at Virginia Tech by chance?
michael: month and a half until which goal? I gave myself a year until the site goes live. Do you mean until I get the site up?
The fuss over getting spidered by google is that I will take all the free traffic I can get and I will do some SEO, but want to have a significant user base where I don't need the free traffic, just a bonus. It wouldn't be wise to just ignore free traffic.
Technical question - I presume you are not hosting yourself this site. Can you describe the hosting service and bandwidth you purchased for this site? What is your cost?
Can you describe the platform, programming languages you are using?
Also presuming the "staff" you are talking about are contractors and not full time employees. Are they remote? How did you structure their payments?
Thanks.
Hosting, programming languages etc I think are pretty much irrelevant really. The ultimate success of this plan has nothing to do with any of those things in, unless ofcourse the site is promoting those techonologies....
the real focus will be on his content and marketing etc.
"Here are the rules:
1) Within one year of the site going live (< 2.5 months) I want to hit this "
I'd say that the title of this thread is also misleading - it should read "IS $2739.726 per day possible?"
I'd say yes, but not within these timeframes.
We are currently doing about half of your target (due in part to the fact we trade in pounds sterling and the weakness of the dollar at the moment) and it's taken just shy of 2 years now.
d
If you think it's not possible, you're right. It isn't. For you.
Obviously the original poster thinks it's possible too, otherwise he wouldn't have set it as a goal.
People thought the Wright brothers were crazy when they said they would be able to fly. People probably thought Edison would never succeed in creating a light bulb. People thought Kennedy's goal of having a manned moon landing by the end of the 60s was unattainable. These people all thought it was possible, though. And they were all right. Think big. A defeatist attitude will never get you anywhere.
Do you spend a lot of money on advertising/PPC/... to achieve such high profit?
I do however plan on starting working on affilate revenue later this year.
d
I however, am with movingonup, I think it is possible. And even if it takes two years, I think it can be done. I have big plans in the next coming months, hopefully it all works out.
I'll try and keep you guys updated as best as possible.
Previously, I only had AdSense on my site, and made pennies per day. Commission Junction affiliate ads weren't getting me anywhere.
Then I signed up for a high-paying aff program, and bugged my readers to join their website, which cost them nothing, but makes me a good commission.
My typically non-compliant readers were quite sluggish about signing on, but in a week I got just enough to qualify for my first $250 check, which will arrive this week.
That's my seed money. I can afford to buy ppc ads out of pocket, but I want my site to pay for itself, so I was waiting for revenue to come in. When the check arrives, I'll buy some ppc and try to build on what I've got started.
I'm also seeking and finding more reciprocal links. Those seem to pay off immediately, according to my stats. Humor sites typically carry multiple recip links, and often have a form for webmasters to complete to get listed. I need to make a point of adding my site to several each day.
It's a slow slog, but yes, it can be done. I believe my success will come very slowly, since I have chosen a low-paying niche, but it's coming along.
$2739.726/day
that's $114.155/hour
or $1.902 per second.
with a regular job, that's $350/hr for an 8 hour day...
which professions makes this kind of money?
(exclude celebrity and sports related jobs)
lawyers in big firms?
plastic surgeons?
