I am planning to start a web directory. No cost free listing. Will drive traffic to it like 1000 visitors per day through PPC. Planning to monetize through google ads. What do u think about it?
There is no point to drive traffic by AdWords and monetize website with Adsense. Mainly because you will be paying for traffic far more then you are earning from website.
You should rather try paid directory affiliate programs. I have one PR 2 directory domain, PM me if you are interested to buy it.