- Joined
- Jun 7, 2012
- Messages
- 106
Rep Bank
$455
$455
User Power: 62%
Starting my progress thread on online publishing.
For some, the dream business model is to simply own item, allow others to use it for a fee without 'using up' the item. Despite that it needs to be maintained and grown, online publishing seems to fit this model. Users consume the content, and for doing so they pay a fee (advertising, promotions, affiliate, etc).
For me, I have direct interaction with online publishers and advertisers on a daily basis - so this experience could give an advantage.
So here is my little experiment. I am making a hobby website that draws people via its content/SEO, and monetizes that audience through affiliate, advertising, [perhaps drop-shipping and e-products].
http://www.woodworkhobbyist.com/
This is not aimed at making a full time job, rather it is an experiment to learn the business model. I aim to hit around 300k UU in the next 5 years and monetize heavily through advertising and affiliate programs.
Progress so far:
Biggest issues going forward:
Traffic/Content - it is hard to write a lot yourself, obviously. But without content, there is no SEO or reason to visit. Without seo/some value to offer, there will be no traffic = no income.
Where to from here:
If anyone has a reference for useful resources for any of the above, please let me know!
Cheers,
5holiday
For some, the dream business model is to simply own item, allow others to use it for a fee without 'using up' the item. Despite that it needs to be maintained and grown, online publishing seems to fit this model. Users consume the content, and for doing so they pay a fee (advertising, promotions, affiliate, etc).
For me, I have direct interaction with online publishers and advertisers on a daily basis - so this experience could give an advantage.
So here is my little experiment. I am making a hobby website that draws people via its content/SEO, and monetizes that audience through affiliate, advertising, [perhaps drop-shipping and e-products].
http://www.woodworkhobbyist.com/
This is not aimed at making a full time job, rather it is an experiment to learn the business model. I aim to hit around 300k UU in the next 5 years and monetize heavily through advertising and affiliate programs.
Progress so far:
- Domain hosting and logos set up.
- Magazine skin installed.
- Around 6 articles written and posted.
- Affiliate webstore setup.
- Advertising network and placements setup.
Biggest issues going forward:
Traffic/Content - it is hard to write a lot yourself, obviously. But without content, there is no SEO or reason to visit. Without seo/some value to offer, there will be no traffic = no income.
Where to from here:
- Evaluate and assess content curation as a means of populating the site. - Any tips or leads on information would be appreciated.
- Look at setting up a engaging social media management service as a content distribution/user acquisition channel. (provided by a personal contact).
If anyone has a reference for useful resources for any of the above, please let me know!
Cheers,
5holiday
Dislike ads? Become a Fastlane member:
Subscribe today and surround yourself with winners and millionaire mentors, not those broke friends who only want to drink beer and play video games. :-)
Last edited:
Membership Required: Upgrade to Expose Nearly 1,000,000 Posts
Ready to Unleash the Millionaire Entrepreneur in You?
Become a member of the Fastlane Forum, the private community founded by best-selling author and multi-millionaire entrepreneur MJ DeMarco. Since 2007, MJ DeMarco has poured his heart and soul into the Fastlane Forum, helping entrepreneurs reclaim their time, win their financial freedom, and live their best life.
With more than 39,000 posts packed with insights, strategies, and advice, you’re not just a member—you’re stepping into MJ’s inner-circle, a place where you’ll never be left alone.
Become a member and gain immediate access to...
- Active Community: Ever join a community only to find it DEAD? Not at Fastlane! As you can see from our home page, life-changing content is posted dozens of times daily.
- Exclusive Insights: Direct access to MJ DeMarco’s daily contributions and wisdom.
- Powerful Networking Opportunities: Connect with a diverse group of successful entrepreneurs who can offer mentorship, collaboration, and opportunities.
- Proven Strategies: Learn from the best in the business, with actionable advice and strategies that can accelerate your success.
"You are the average of the five people you surround yourself with the most..."
Who are you surrounding yourself with? Surround yourself with millionaire success. Join Fastlane today!
Join Today