How many views a day do you think it takes to make $5,000 a month? I know this is going to be variable... but can you make that much off 10,000 views a day if you set up your site's advertising correctly?
The thing I would be most scared about is investing over $50,000 into a site that makes $5000 a month when the internet market is consistently changing. New sites come and go every day and it's hard to maintain an income stream of that value without maintaining a high priority of marketing the site, and donating a ton of time too keep it up to stuff. I simply think it is not a good idea to invest $50,000 into one site, but if you invested over a variety of sites, if one fails, you still have another one to back you up .
Easy for me to say and spin numbers, but if you have 10 000 visits a day corresponding to 10 000 impressions of a PPC ad and only 10 percent of these impressions result in a click you'll have 30 000 clicks a month. If you can get at least 0.16 USD per click you'll make $5000 a month. I think with good targetting you probably can have a consistent value of 0.16 per click. Then you just need to generate those 30 000 clicks every month. That's a very good point actually. The reason I was asking about making it with a single site was mostly because if you can make it with a single site you sure should be able to make it with multiple sites. Another reason, though, is focus. If you have one major project then you dedicate most of your time to that one project without getting distracted, which can be bad if it results in losing sight of what you're trying to accomplish with a particular site, aside from making $5K on it (the actual site's purpose or topic). So the key issue when doing multiple sites at once is "focus management", making sure that you're not doing too many things at once and doing each of them badly. Probably best way to accomplish this is to just prioritize sites from "most important" and thus being rewarded most of your time and effort to "least important" with least time and effort, making sure that when you dedicate a time slot to a particular site you really do that site and nothing else, keeping focused. If anyone's doing multiple sites at once and making $5K or close at it feel free to comment.
It can easily be done.. Make sure you optimize your site well so you can generate good search engine traffic.. that is the key to getting income of $5,000 or higher...
There are so many variables it is really difficult to say, since one niche can make 10 times what another niche makes per 1000 impressions. That said, I think a $5 CPM is a reasonable avg number to start with. So that would require 1,000,000 impressions per month. However this would also imply you had just one ad with a $5 CPM. The trick is to find a number of revenue streams that work concurrently. Then you can triple or quadruple these earnings. Other factors that greatly influence these numbers are whether you traffic is mostly returning visitors or is it new traffic? Regulars on a site may stay longer and give you more pageviews, but they typically get blind to your ads over time. So new visitors typically will earn more strictly from a pay per click ad model. If you are earning set CPM rates, then it does not matter! ;-)
Marketing a product, helping a company sell their product, you'll be paid by commission. My friend makes $11k monthly with a single website.
Ive had sites making 700-1k a month with minimal advertising. Thats not too hard if you offer services.
Yeah, that's what I was thinking when reading the post. It depends on what the site offers and what the webmaster "gives back".
I'm very much against generalisations like this. As you point out, different niches perform differently. Performance also depends on the target audience, their location, the competition among advertisers etc. For many of my sites I'd be hugely disappointed if the eCPM fell below $50. For others, I'd never dream of reaching $5. In summary, there's no "reasonable avg number to start with". It's all a matter of scale. $50K may be an amount you can't afford to lose. But you feel you can risk $5K? For many here $5K may be too much. I have one tech site that dates from 1996, has 5000 inward links from .gov and .edu, gets several million visitors a month and earns comfortably over $5K pm. The traffic is very safe and not reliant on Google's mood - over 80% comes directly from about 3000 educational institutions. There are a lot of buyers who'd fall over themselves if I offered it for $50K. The higher the price the more the due diligence but don't underestimate how deep some buyers pockets are... particularly the ones who are experienced in due diligence and are confident in their own savvy. I have myself run WTB threads here asking for sites worth up to that specific figure of $50K - there are others who pay a lot more. The market does exist. Also, investing $50K in one site and having multiple sites are not mutually exclusive. libervisco, your ideaprobe sound like a good idea in itself but it doesn't seem to do anything useful for me. I tried terms like "work from home" and got fairly useless results. A lot of people fail to see the end goal. If you create a site from scratch, get it to earning $1,000 a month within six months and sell if for $15,000 your total profit for the time invested must include the $15K sale price. (Don't forget, though, to deduct the cost of time and resources invested)
Interesting. I never thought CPM could reach so high. That's encouraging. Hmm, well almost any idea could be used for a home based business. I was thinking more in terms of searching per category, like if you are fan of software you put in software and get ideas which are likely to involve software. If you search "software development" you get even more specific. That said there may definitely be room for improvement so criticism is well noted. I should also add an about page (first thing I'll do to it), but it's not a priority project, more like a little experiment to work on weekends and such and keep until I have bigger ideas for it. I'm starting up a bigger project with much more potential now, in the field of machinima and gaming videos showing unconventional (and funny) gameplay. I agree, it's definitely worth it. Not only is there these $15K (+ the $1K a month earned), but there's also experience. That's why fear of failure isn't really much justified. You can't fail if you learn from failure, and the case you describe can hardly even be called a real failure. Thanks
That eCPM figure is not a straight extract from the Adsense stats. $50 is usually a combination of Adsense earnings, text and banner advertising etc. With sites that have affiliate sales you can expect an even higher eCPM. Saying that, I have one site that does in excess of $100 eCPM with nothing more than Adsense. It has been performing at that rate for over 2 years. Shame it gets only 200-300 visitors a day. I keep meaning to do more work on it. Must remember to spread my effort bearing the pareto principle in mind. I don't believe that there's necessarily a price to be paid for experience; that's setting up advance justification for any potential future failure. Don't forget that the sale price is not all profit. There's capital gains tax to be paid on it. That's something else that people forget to deduct.
$5000 can be done with websites in many ways if you really want it i am sure you can do it. I have many sites that make me way over 5k a month. Good luck
This was one of the most useful posts I have seen in the last days, really! However, the theory is simple, build a site, put it to make you around $100/period (month?/week?) and then do the same for another site. The fact is that you get bored I guess at one moment