Are you really doing the best you can?

Discussion in 'General Marketing' started by Ernster, Jun 5, 2007.

  1. #1
    I don't mean to offend anyones practises here however I think it must be said.

    Most members here are either

    1) Running a web directory or 2) Focusing on adsense as revenue

    When I first joined this forum years ago I too created a directory as I thought it was the best or perhaps only way to make money online and judging from the members here I'm sure many others got the same impression I did.

    However running a directory and focusing on adsense are probably the 2 most difficult methods of making a full time income online. I'm not saying it's impossible but it sure is hard and if you are going the adsense way, you definitely need thousands of page views per day to make any worthwhile income.

    Thankfully I realised I would be better off going down a different route, and one which I wouldnt need thousands or millions of page views per day, just a couple of hundred:)

    I think a lot of people would be better off selling information products and building their own mailing list. Infact everyone should be building a list, even if its not the main focus of your site.

    With a list you would only need a measly 3 people to sign up per day and you would get 1000 subscribers in 1 year. Get 500 visitors a day and youd have about 200 subscribers a day if your page is good (that would be 73,000 subscribers per year). Of course the figure is slighly bloated but surely you get the point, getting thousands of page views per day isnt needed to make big money.

    Not trying to tell anyone what to do, but perhaps it's time you reacessed the direction you are going? Those of you who need to will know who you are:)

    For the rest good luck and keep doing what you're doing.

    Just something to think about:)
     
    Ernster, Jun 5, 2007 IP
    John Guanzon and login like this.
  2. excaliburwebdesigners

    excaliburwebdesigners Peon

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    #2
    Nice idea, im sure there are lots of different way to generate income on the net rather than just adsense and web directories. Could you please explain how you convert your list of subscribers into $$$
     
    excaliburwebdesigners, Jun 5, 2007 IP
  3. Ernster

    Ernster Peon

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    #3
    Well basically you need to build a good relationship with your subscribers, send them free "valuable" content, ask for their input etc and then they will trust you and your content. Then you can send them the occassionaly paid product eg ebooks, audios etc.

    Generally a good list will convert at atleast 1% so say you have 5,000 subscibers, you should make atleast 50 sales each time you let then know about a paid product. So say 50 sales x a $50 product thats $2,500. If you can increase your conversion rate to 2% then you will make $5,000.

    I'm in the Internet marketing niche, but it can be applied to anything...health, golf, dating etc and you'll have an even better conversation rate with those niches.

    Provide value first and then you can market to them.

    Hope that helps.
     
    Ernster, Jun 5, 2007 IP
  4. vartov

    vartov Peon

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    #4
    Ernster, you are right, to make money online you have to build truth and you do it delivering high quality content, but if you overdeliver then you'll do even better.

    People have to love you and love your style, you have to engage people as friends...They will buy from you and your refund rate will be very low.
     
    vartov, Jun 5, 2007 IP
  5. Ernster

    Ernster Peon

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    #5
    Yeah thats true you must expect unsubsrcibes and refunds it's just the nature of the business, you cannot let it keep you down.
     
    Ernster, Jun 5, 2007 IP
  6. login

    login Notable Member

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    #6
    Good input Ernster, you remind me that I have to put up a couple of subscription forms. Do you know of some safe good scripts to use ?
     
    login, Jun 5, 2007 IP
  7. Ernster

    Ernster Peon

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    #7
    Ernster, Jun 5, 2007 IP
  8. Sem-Advance

    Sem-Advance Notable Member

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    #8
    Actually adsense earnings are easy, toss up a site people would be interested in, advertise it, drive traffic, years later you are still smiling.

    I have a site richestwomen.info which I paid $100.00 for

    I have owned the site sine Jan 2006

    Tuesday, January 24, 2006- June 5, 2007

    I have made $859.00 from that site,

    or a profit of $759.00 depending how you want to look at it. Take out $20.00 for two years domain registration and I'm down to $739.00 (SWEET!!)

    Expressed as a percentage

    759% ROI

    :D

    mulitply above strategy by 10 websites and you have $7,390.00

    Do it with 50 websites

    $369,500.00


    ACCOUNT INFORMATION
    Number of domains in your account 62 view

    And thats just at namecheap ;)

    Whats so hard??

    I did not have to pay to advertise this site since it is on the top of the front page of Google for its main keyword term month after month
     
    Sem-Advance, Jun 5, 2007 IP
  9. tbtoyl

    tbtoyl Active Member

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    #9
    Uuummm...

    I think manage 50+ websites requests an arm and a leg. How many hours per day do you need to invest into them?

    Isn't it better to create an huge list (12 months are not bad!) and get instant profits everytime you send an offer to a paid program?

    You'll save a lot of time and energy!
    Just my personal opinion...
     
    tbtoyl, Jun 5, 2007 IP
  10. Sem-Advance

    Sem-Advance Notable Member

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    #10
    I would say I spend an hour or two a day looking after my sites,,,not much really....( a 1/4 of that is checking earnings ;) )

    The biggest part to manage is domain renewals and ranking reports which is made easier with a good calendar system.
     
    Sem-Advance, Jun 5, 2007 IP
  11. ChrisMono

    ChrisMono Active Member

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    #11
    no way am I doing the best I can.. cos simply i haven't got enough time.
    I can be a millionaire in a few years.. just bloody school forcing me to take up my time
     
    ChrisMono, Jun 5, 2007 IP
  12. Sem-Advance

    Sem-Advance Notable Member

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    #12

    Bill Gates & Michael Dell both dropped out to become millionaires ;)
     
    Sem-Advance, Jun 5, 2007 IP
  13. darzuaga

    darzuaga Guest

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    #13
    i think the best way is the one stated at the top. Everyone should find a hungry niche then build a prodcut around it. Something like an ebook, video tutorial, audio whatever it is. Then put it out do some simple advertising maybe with adwords or something similar that will get you targeted traffic. And if you get about 1000 people to your site in one day and you are selling a product they want you will atleast make a 1% convertion rate. if your product cost $10 which most people are willing to buy then you get around 100 a day. that is around $3000 a month on just one product. If you build a mailing list around that product everytime you launch something new your clients will be eager to buy if your first one was goo. all you have to do is release a few products a year and you should be fine. Hope this helps.

    - Daniel Arzuaga
     
    darzuaga, Jun 5, 2007 IP
  14. Sem-Advance

    Sem-Advance Notable Member

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    #14
    Well in honesty what works best is what earns a person money.

    Theres are a million ways to earn money

    so no one way is best.

    Do what you love and the money will come .......
     
    Sem-Advance, Jun 5, 2007 IP
  15. Ernster

    Ernster Peon

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    #15
    Sem Adice, congratulations you definitely made the purchase of that site worthwhile but $800 in 5 months isnt exactly a full time time income and running 50 sites like you suggested would be a nightmare:(

    Also what happens if you get banned from adsesnse or drop your position in the SE?

    Nobody is right or wrong like you said and yes there are many ways to earn money online, but yeah it's good to take a different look at things:)
     
    Ernster, Jun 5, 2007 IP
  16. ChrisMono

    ChrisMono Active Member

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    #16
    yeh i know so did loads of millionaires... im only doing it for the social life...
     
    ChrisMono, Jun 5, 2007 IP
  17. Sem-Advance

    Sem-Advance Notable Member

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    #17
    I have made the purchase of most websites pay off lol.

    I would say my sites are intertwined with some 20 to 30 different revenue streams.

    I also do not depend on a search engine for my business survival and rail & rant against anyone who does :)

    Google could be gone tomorrow.

    In addition to my website I also do lead generation campaigns with Azoogle MaxBouty Copeac etc.

    In addition lol I happen to make some very nice money each moth from partnerships I have formed in the past few years in which I optimized sites for cash and a percentage of sales revenues.

    Multiple Streams Of Revenue is my mantra :D

    Ohh thats cool, though most wealthy people are iceholes from my past dealings with them....

    I do want to hang out with Richard Branson .....now that seems like a cool rich guy if ever there was one...
     
    Sem-Advance, Jun 5, 2007 IP
  18. jg123

    jg123 Notable Member

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    #18
    "but $800 in 5 months isnt exactly a full time time income" - by his dates I get 17 months not 5.
     
    jg123, Jun 5, 2007 IP
  19. Sem-Advance

    Sem-Advance Notable Member

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    #19
    You are right...takes time to get to the top and find what works with ads and such.

    However profit percentage remains the same, and it's just one site of many ;)
     
    Sem-Advance, Jun 5, 2007 IP
  20. hmansfield

    hmansfield Guest

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    #20
    If your thing is multiple , average sites, hen I guess adsense makes sense, but the same revenue can be done on one GOOD site, as 30 adsense sites.

    I too am amazed by the amount of people that only think one way on this forum, adsense.
    It's like a religion here.

    Personally, I can't stand having those "Classified Ads" on any of my sites.

    But that is just me, I'm either going big, or not at all.
    I have never been a "Minimum Bet" person on the slot machines, and there is no reason to start now.
    :)
     
    hmansfield, Jun 5, 2007 IP