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So our question is how do you set up the business side of the equation? A little different from the normal "how do we optimize the site" for search engine question. Is there a good place to start for this? We do not have a unique product to sell at this time, and do not see us doing this ourselves.
A problem in reverse for many on this board to consider.
How sticky is your site? i.e. of your 1000+ uniques per day, how many are new and how many are repeat visitors?
What i'm pushing at is have you got a sufficient repeat demand for your content to be able to ask for a subscription? And if so, is your content valuable enough to ask a worthwhile (for you) subscription for?
All I can add is Good luck! I know of 2 _very_ popular sites (both ~ 500K hits per day) that are struggling to find a viable revenue stream.
Looking at the stats the site tends to be "sticky" with 50%+ not coming through search referrals at this time.