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Option 1: Build a single 200 page site themed around 1 central topic that receives 2000 unique visitors per day, and generates a profit of $200.00 per day, for a total monthly profit of $6,000.00.
Option 2: Build four 50 page sites themed around four different topics that each receive 500 unique visitors per day, and each site generates a profit of $50.00 per day, for a total monthly profit of $6,000.00.
Option 3: Build twenty 10 page sites themed around twenty niche topics that each receive 100 unique visitors per day, and each site generates a profit of $10.00 per day, for a total monthly profit of $6,000.00.
Are any of these scenarios realistic and achievable? Which option works best?
Your numbers are off. $200/day would make you ~$6000/month, but 50 sites at $50/day would make you $2500/day, 10 sites at $10/day would make you $1000/day
if you make 50 sites, they will need to each make $4/day
if you make 100 sites, they will need to each make $2/day
Getting the traffic is even harder.
With PPC, you're going to pay at least $0.05 per visitor. In areas where the earnings potiential is $0.10 per visitor or more, you'll probably need to pay more than $0.05 to get a decent position. If you're paying half your money for PPC clicks, you'll need twice as much traffic to hit your goals.
With SEO, it'll probably take more than six months. You also have the worries of Google updates. If you're relying on this alone, you can lose it all in a short period of time.
What I recommend is to use organic methods. Build a site that people will come back to. Build a site that people will tell their friends about. Build a site that webmasters, bloggers, and forum posters will link to. Build a site that might get some attention in the press.
How do you do that? By building something incedibly useful. It should either be something unique or something that far outpaces any competitors. It should be an authority in it's area. The ultimate reference. When people think about your niche, they should automatically think about your site.
Building a site like this takes quite a bit more time and planning, but the rewards are huge. You can experience tremendous traffic growth, tons of free publicity, and long-term success.
Why? Because there is less SE competition and therefore you can get to the top 10 results much easier and faster... in Sept.2004 I built a 3 page WIDGET website and within one month I was top 5 in Yahoo!, MSN and AOL for the terms:
- WIDGET X
- BLUE WIDGET
- FUZZY WIDGET
- FOO BAR +WIDGET
... and at least 5 more top terms... google took me until dec.2004 to hit top 10 but it happened, and it was super easy!
I sold the site, but it was drawing visitors and converting at about 3%, and it was the ugliest site I ever made! :)
If you make 50 niche sites, with useable content and REAL information; people will visit, trust your reviews/comments and order via the affiliate links. OR they will simply click on the adsense ads to leave your page, and then you make a couple cents... plus your pop up windows could make a couple more cents...
Thats what I suggest for anyone who wants to start from scratch with little investment and little patience.
If you have time, money, patience and SEO skill, let the BIG markets be your hunting ground! :)
[edited by: jcoronella at 10:55 pm (utc) on Mar. 21, 2005]
[edit reason] no specific kwds please. [/edit]
$6k/month is definitely reachable - I'm on my way there, and it's just around the corner ;)
Like one of the other posters said shooting for definite targets is hard to plan because you can't quite predict the revenue any particular page will generate(correct me if I'm wrong, anyone) so you can't extrapolate 1 page=$x, 200 pages = 200* X.
Pick a niche, build a site/ppc campaign and go with it. If you're making positive income, stick to it.
If you make 30 small/medium sites, you'll *probably* have 25 weak earners and 4 or 5 winners, so if the 5 strong sites earn $1000 each per month, and the others make $20 per month... it's still pretty close to your mark.
1) Do the first 3-5 sites in different manners to see what works and what doesn't.
2) Don't go selling Boeing's on the internet, you won't sell any unless you're ebay.
3) Once you learn from the first 3-5 sites what type of things sell and what strategies work use those to form your next sites.
4) Even with the new knowledge things may still not work out, don't give up.
I'm now on my like 9th sites or so and so far every site bring s in some good money per month. A recent site I put up lost some, but that was mainly due to overbidding, I think I have it under control now and know what to bid. If LinkShare was more up to date I could have priced better, oh well.
5) Don't give up
$6,000 per month is definitely doable (I wouldn't know first hand yet). I don't think things are so black and white though. Some of your sites may not earn as much as you thought they would, or some sites might earn more. It depends.
All the Best,
Yeah, you don't know first hand, YET.
In my humble opinion. Option 3 gives you the best LONG TERM results. Reason is, you have more options to fall back on. If you have 1 site, making 100% of your money, and that industry went bust. You're done. If you have 10 sites in 10 industries making 10% of your income each, and 1 industry falls. You lost 10% income. It's all about diversifying in my book.
You're quite wrong with that statement. There are many of us earning that and more. It's not at all unrealistic. It does require patience, knowledge, perserverence and a lot of trial and error.
6k/month is very achievable and is my next goal (which at my current growth rates i'll hit by september)
You could do it with 1 site or with more, personally I think diversifying is a safer way to do it, as it's been said if one site goes bust, you still have an income.
It's always better to have multiple streams of income.
It's unrealistic to think you will ever net $72,000/year as an affiliate.
I do net $72,000/yr as affiliate, actually a lot more.
gabby, either option could be doable. Whatever you do, Just do it. Do something now, or you are losing $6K per month, and could be more.
All of my websites traffic are depend on word of mouth, repeat users and SEO. I didn't have luck with PPC. I stopped my Overture and google one year ago, and found no significant change in my revenue, but a save of $2000+/month.
I do net $72,000/yr as affiliate, actually a lot mor.
I do too. I do it using option 3. Option 3 gives me stability because with the diversity of several smaller sites, I have the security of not having all my eggs in one basket every time there is a big search engine shake up. It took me two years to get to that point, but for the past three, I earn that much and more.
I use PPC, SEO, word of mouth, and repeat visitors to get my traffic. (again, using all of these things keeps me from having all my eggs in one basket regarding my traffic).
You can do it. I'd say the most important thing I did was to be consistant and not give up.
I'd like to add something that appears to have been overlooked a bit (so far anyway!) but i may be teaching some people to suck eggs - to those people, i'm sorry ;). I net about $6.5k a month at the mo from my two affiliate sites and that's off around 1,200 uniques PCM. That may sound a lot off few people in some markets but this is the key IMHO:
It's about managing expectations. I represent some product that has good points and not-so-good points. For example, let's say your prospective buyer wants a TV. TV #1 looks the bees knees, has 500 channels and all the gadgets but it doesn't have a remote control. I make this info very clear up front. I dont just leave "remote control" off the checklist, i actually say in bold letters if need-be "this doesn't have a remote control". I find then that customers generally continue searching my site for exactly what they want.
If i'd have sent them to that TV #1 and a remote was an important factor, i may well have lost them. I find too that aside from my 1200 uniques, around 20% of the previous visitors return for more.
So IMHO, honesty pays. If its not a 100% brilliant widget then explain why :)
"It's about managing expectations." Don't encourage pretty Jane to quit her teaching job for the adventurous world of affiliate marketing without telling her your secret for making $72,000/yr as an affiliate.
"I use PPC, SEO, word of mouth ..." is not the way you make over $72,000/yr. Do you really want to encourage Jane to spend her salary on PPC? How much? What words? What's your secret? How much does honesty pay?
"All of my websites traffic are depend on word of mouth, repeat users and SEO" is encouraging. But you need a site that 1) a lot of people are interested in and 2) something these people want to buy.
Afiiliate marketing can, and does, work (and very well).
There are no real "secrets". Just try stuff and learn from what the result is.
I don't think any member here can give the answers to running a successful business - that is what you are in effect doing - but the key is strategy (writing a business plan), and being among people who have done it - and listening to every scrap of advice given.
From the posts I have read there is some great stuff there - which mechanisms to use, how to spread your risk, how to target your site planning, which setup works best.
I also believe the question that was asked was "which option works" - and I think many people have given good answers and the reasons why.
Don't give up the day job until you know what you are doing applies to any business - however on these forums you get absolute gold dust in real life experience. It also gives people something to aim for that can be achieved - because it has been.
And thats pretty cool.
Are your websites mostly content/article type of sites with reviews or "datafeed-based niche product sites" with some valuable content like best deals, coupons and such?
I'm not sure this is the place to bring it up, but what constitutes "valuable content"?
Nefrig, does your reference to "valuable content" mean valuable to SEs, AM or both.