One site that makes you $1,000 per day or 500 small sites making you an average of $2/day. Either way, not too shabby. But which is easier to do? For me, it’s 500 small sites. The reason is because you don’t really know which sites are going to take off and which ones aren’t, so you just keep building and building, some hit, some miss.
Some sites are flops because:
- I chose a topic that was too competitive.
- I had no pre-existing traffic in that niche.
- I’ve never really promoted the site much.
- Can’t find a sponsor to monetize the traffic.
Why some sites are a success:
- Because they’re blogs. (More marketing methods)
- Big spikes in search engine traffic.
- High converting/cost-per-click sponsor.
I’ve never liked the idea of having just 1 site you spend your whole time on. That’s putting all your eggs in one basket. What if your hosting goes down, what if your sponsor doesn’t pay out (on time or at all), what if you spent all this time and money only to realize your idea isn’t as profitable as you thought it was.
It’s risky to put all your efforts into one site, but if everything falls in place just right, it could make you the next internet entrepreneur millionaire.
Edwin - CashTheChecks.com
3 Comments so far
I think you are right on both points. One website that hits it big could be a reality, with the right idea and TRAFFIC. 500 sites produce a more predictable income (especially in the early going), but 500 sites are still no good without the traffic for that niche, like you mentioned.
Great observation and post.
Comment by Bobby Bentley 02.12.08 @ 10:31 pmIt all comes down to what you are offering. Is it interesting? Is it unique, useful, needed by how many people, in how many countries? There are already too many internet gurus trying to sell/give you their ebooks through a multitude of partner websites so that you get hooked on reading all these different ways of hooking others on endless raeding. Where is the beef in all these similar technics? You need substance.
The originators of MySpace, Google, YouTube all concentrated on the One project to the fullest time/money constraints that they had. They work around that theme and started a “social network” around that theme.
Once you have a good social-network Hub “Build It and They Will Come” is what the internet is all about. Just like this site CashTheChecks.
So when you find that Diamond, grab it facet it so that it shines the way you want it to shine and show it to the world before it becomes too viral and common place.
Websites cost more than sign-ups
Comment by Jean-Luc Giraud 03.24.08 @ 9:33 pmI believe that the craze of creating mini sites is not good idea. Yes if you are placing all the those mini site on different server then its nice idea and there should be unique content in all those mini sites. Duplicacy may decrease the value of your real site if you are going to link them or placing those site in one server.
Comment by Jeffmakepeace 04.16.08 @ 2:13 amLeave a comment
