How To Make Money Online Using Niche Content Websites

[dcristo]

Agree that they can. The good ones.

Yes, and let's not overstate providing value either. Your site needs to serve a purpose. You don't need to write a thesis on every topic, you just need to give what the visitor wants.

 

[peter]

The only thing you're contemplating is the revenue potential of having an authority site. Sure, if you develop it out and generate loads of traffic, it will make a lot of money, no one is denying that, but if will take a ton of time and effort to reach that point and you will be with no cash flow during the early to middle stages of the development cycle.

This is obviously true, and I would not have chosen this route had I not been able to support myself without having to rely on lifting a wage out of my company in the beginning. I will continue to refer to my own situation however, because it serves as an example of the point I am trying to make. I am also very glad to be having this discussion here and I hope you feel the same. I sometimes feel like certain truisms have become accepted as truths within the domaining/development community, but a majority of people don't seem to actually take the time to see WHY and question.

Since we were talking concrete numbers in the beginning, I can say that the site I am talking about doesn't require "loads of traffic" to generate a healthy flow. In fact, if we take 500 uniques times 5 minisites, that is 2500 uniques / day, something which will be feasible for said site without too much hassle. With current conversion rates (ecommerce), that translates to two salaries in the company.

What you seem to be dismissing is the risk element of owning one site and the ability of testing different strategies/markets by owning multiple sites. You may think your time is best spent on further developing your baby, when in fact you could have made a lot more money in another more lucrative market.

Au contraire mon frére. First, I wouldn't start developing 10 sites to "test strategies/markets" and then work from there. That seems insane to me. Before I start a project of this magnitude I obviously conduct market research in many ways. Not something I would leave to chance or take a gamble on. The same with the business model (not saying that these don't change over time).

Second, the quoted statement is applicable to any site, in fact, any business at all. I KNOW that my time is currently best spent on this specific site. As I noted above, it will soon be launched officially with appropriate marketing strategies. As soon as it carries it's own weight, I will have one person handling the operations as I move on to my next category-killer to do it all over again. I have aquired my domains with a plan behind, being my own end-user. These developed properties will have synergy effects on each other, both domestically and within the EU. That is how I plan my development.

---------- Post added at 05:25 PM ---------- Previous post was at 05:22 PM ----------

And I responded to that point. His assumption is that mini sites can't provide value and this logic is flawed.

It's also not the only thing he's talking about.

Obviously they can provide some value to someone. Wake up and smell the coffee, 99% of all minisites are BS. Again I am not referring to the cash they generate for their owner. Buying a handful of written articles in order to display related ads is NOT providing users with the quality content they deserve, that's just my take on it. I wouldn't spend more than 2 seconds on these so called sites, should I ever stumble upon one by accident.

 

[Poker]

Anyway, interesting conversation guys, guess that's why I jumped in the middle of it...hey what do you expect I'm American

You seem to agree on a very important point: For visitors, search engines and life in general: Create and share value.

 

[dcristo]

I prefer talking about merged three bet ranges.

Kidding aside. I would love to continue the chat but it's past 4am here and I need to be up at 8am.

 

[peter]

I prefer talking about merged three bet ranges.

Kidding aside. I would love to continue the chat but it's past 4am here and I need to be up at 8am.

haha I just realized we had another discussion before sleep well

 

[dmyre]

I'm in search for more motivation...
Anyone willing to share some examples of their revenue generating sites?

 

[Vincent]

Interesting posts.