How We Tested Our Food Blog’s Expected CPM with Premium Images
magazine.cucumbertown.com
magazine.cucumbertown.com
It looks like the pitch of being "Github for food" didn't pan out (or is de-emphasized), but I do like that besides being an attractive blogging platform, the site uses the recipe schema in a non-obtrusive way and has its own cooking-video-app. Great to see this still living on.
We moved on from the Github or food to a Food blogging platform. Our users were using the platform to start writing and once they reach maturity we saw a migration to wordpress and other platforms. We knew we could fix that problem.
Also, by that time we realized we could do a much better job monetizing these blogs and making it into a livelihood by economics-of-scale.
[1] http://economictimes.indiatimes.com/small-biz/startups/japan...
But on the other side this is a more direct monetization scheme than advertising, as it gets 'round the advertiser middle man. As an internet user it gives me confidence.
I'm suddenly visualizing needing to pay $0.05 per image I want to upvote/downvote on Imgur.
Internally, we debated putting a “refund button” right next to the pay button. We think that would create much more confidence. But hey, this is the first iteration.
From experience, the number of people who click the "buy" button (even given the price up front) are not necessarily the same people who will actually follow through with the purchase. (Further, some people who are turned off by the "buy" word, are willing to follow through with a purchase when presented with a different initial choice; e.g. "unlock now")
It'd be more interesting to see the experiment run to completion, actually taking the money, and then see those numbers.
This is the much more interesting bit. It would still be super interesting to follow through and find out what the actual completion rate was.
Part of it was also inspired by Blendle’s experiment[1]
[1] https://medium.com/on-blendle/blendle-a-radical-experiment-w...
I read this with interest because I have several blogs. Some have ads. Some don't. Some have tip jars which used to be donate buttons. I have never made much money but I have always done better with getting cash from readers than with ads. I am starting the process of looking at Patreon as one possibility.
I am a woman and I started a food blog in June. So I really was excited to see the title of the article.
But having read it, I think your problem is basically mental bias. Recipe blogs are caught in an internet Pink Collar Ghetto. You are helping to keep them there by trying to find a way to charge a pittance and lamenting the lack of a small payment platform instead of putting together something actually viable in the here and now.
I served as a moderator at one time for a forum that was the biggest thing in its niche. The forum owner wanted it to make money but his mental models had a stranglehold on the income stream. Nothing was really acceptable to him. I see shades of that in the reasons you keep giving for why this, that or the other won't work.
Repeat your experiment with whatever modifications are necessary to make this real and not theoretical. Come up with a payment platform of some kind. Charge actual money this time. Improve on the model from there.
Best of luck.
Quick question. It looks like you guys are trying to build a community of bloggers, who will probably be building a database of recipes.
If you're not doing it already... can you PLEASE have your bloggers add ingredients in a structured form. That would allow you to build an API later.
Imagine how much traffic you can drive to your customers sites if outside apps had an easy way to search through recipes.
Some of the blogs on the platform: http://indugetscooking.com/ http://sousvidelife.com/ http://richagupta.cucumbertown.com/ etc.
And all the recipes are in hrecipe format [1][2]. And yes, we have an API that opens to cookbook companies.
[1] https://magazine.cucumbertown.com/taming-google-rich-snippet...
[2] https://developers.google.com/structured-data/testing-tool?u...
You might also try a $24/year level, or something that seems relatively inexpansive as a followup.
If you do this, you may want to combine with a social network login (google, yahoo, ms, fb, etc) with a minimal access (real name and email only). So they can access from other devices.
It would then be closer to a membership model, but the cost of entry would be very low.
Sigh. TLA namespace overload is the curse of our time.
(I would actually be interested in knowing if they make a go of this, because despite what I said above, the true curse of our time is advertising; anything to make it go away. I am concerned that their UI for encouraging people to pay looks rather sleazy, and would be inclined to drive me off, despite the trivial amount of money...)
Another social experiment you could try is offering a year subscription for something like $5, it might drive return readers aswell as solve the micropayment issue.
Did the experiment limit a user's participation to one time? Otherwise, the results might be skewed and the benefits exaggerated.