My main gig these days is Appointment Reminder. I'd describe it as "modestly successful." (A single signup for the largest publicly available plan is, probabilistically, worth more than BCC made in its best months. Historically, that has only received about as much sales effort as BCC clients got -- i.e. nil -- but I'm experimenting with having active inside sales starting this week.)
If users are disappointed about how little free product can do - they are less likely to open Bingo Card Creator's page in the future and Google takes that unwillingness into account.
Do you know what google changed at least or simply that google changed _something_ and organic traffic dropped significantly?
http://moz.com/google-algorithm-change
In 2014 alone there have been more than a dozen of major updates. Keeping up takes significant effort.
I definitely agree on not getting discouraged. It's not in any way as hard as you think it is before trying. And you get better at it the more times you try.
My history of products looks like:
- Hey, I built this cool piece of technology. Maybe I should try to turn it into a product.
(... but never finished it) (X3)
- Hey, Google Maps is cool and I like travelling. Maybe I should launch a Travel Blog host.
(... without any fathomable way to monetize it)
- Hey, look at this cool one-day hack that got tons of Reddit love.
We should totally start a company!
(... with a flaky co-founder who never got around to doing any of the "business" stuff
before bailing for the next shiny thing)
- Hey, I bet you could transform Amazon's cloud storage logs into CLF and
feed them into Webalizer. I should totally sell this for like $1/month!
(... which actually turned out to be a good idea, but for $10-$300/month)
After all that, I expect my next product will be something with some form of actual market of people willing to pay money for it before diving in to the IDE. But then you never know...I could use the extra cash though. This month I even tried placing bets on soccer and tennis and failed miserably.
The closest I can get to making the process formulaic is to find a hobby that requires gear of some kind. Before you ever build something to improve that hobby, you need to enjoy the hobby. Then, find some aspect of that hobby that could be improved, most likely through some sort of automation.
Some ideas that may help:
1. Enter a hackathon. Group up with people and you will be compelled to code.
2. Train for a half marathon. Increase your endurance and your ability of will to keep to the training schedule.
3. Have children. Ironically the ridiculous overhaul this has has on my life has increased my resilience. Last night I got woken up 3 or 4 times. That's normal. I feel OK. Also the children will motivate you to the long term goal of having more time with them and not being stuck at work for so many hours.
4. Do the equivalent of having children - maybe take a second job for a while to get used to the extra hours.
5. Give up TV.
6. Give up Caffeine.
7. Give up Alcohol
8. Give up Socializing
9. Learn to get an itchy feeling on any day you haven't taken action. It's a horrible feeling that keeps me glued to the laptop.
10. Therapy. This should be for everyone not for just the very depressed etc.
Getting out there to engage and to talk other folk is great. A side bonus from this activity is that it is a great source of new ideas, just keep an open mind.
There are any number of completely valid reasons why a person would be too exhausted to work on a side project after work hours. People do have limitations. Some people have very difficult lives. People do burn out -- and everything does not boil down to having the willpower or not. I'm not saying willpower is irrelevant -- it is relevant. It just isn't the only variable in the equation.
It is ilegal to even make money on ads on a blog... this completely sucks and is very frustrating.
Without going into much detail, permanent establishment generally defines when a business is treated as operating in a country. The specific conditions are set forth in various tax treaties between the US and other countries. Generally, having an employee residing in the US and working for the business (whether or not as owner) is usually treated as resulting in a US permanent establishment, meaning the business is treated as operating in the US. If you are from a country which does not have a tax treaty with the US, the issue is generally much simpler: does the business have any income-generating operations in the US?
The second consideration is sourcing of income. IRC 861 and 862 define what income is US-sourced and what income is foreign-sourced. Generally, income from US customers or US payors is US-sourced income, and the same income from foreigners is foreign-sourced. For income taxation purposes, this distinction doesn't matter but it does matter for non-tax purposes. The H1B restricts the employee from engaging in US employment or business activities, but does not restrict their non-US employment or business activities.
A blog hosted on a foreign host, targeting a foreign audience, and earning foreign ad dollars is not a US business and generally should not violate the H1B rules, however you need to talk to an immigration attorney to make sure the analysis applies to the specific blogging activities you would be engaging it.
What you can't have on H-1B is the wage from 'unapproved' sources. You will need to get H-1B for every wage source. But there is no restriction on you receiving dividends, capital gains, etc.
Don't confuse "revenue" with income and "wage" with income. Income can be wage, dividend, capital gains, etc. H-1B only restricts 'wage'.
Do you have any links that show that ads on a blog are legal? All the research that I've done came to the same conclusion.
We should not have to come up with "creative ways" to do something simple like ads on side projects (be it a blog or a free app).
Thank you all for contributing to this thread.
The money from this enables us to focus most of our time on a newly not announced projet, which we plan to launch in spring 2015. We plan to apply to YC with this one and are confident it will be a good match. Big vision, big plans.
I personally also have an old flash game portal (jeuxgratuits.net) started 13 years ago still generating ~1.5k / month. All legacy traffic from Google and 10 years of web links. 0 maintenance time.
I think the success of the plateforme was in our ability to mitigate all the pain points of managing attendees badges, which is not a sexy business.
I am also selling paid support and add ons for my open-source Rails engine for Stripe named Payola[2][3], which very recently gained support for subscriptions[4].
[1]: https://www.masteringmodernpayments.com
[3]: https://www.payola.io/pro
[4]: https://www.petekeen.net/payola-subscriptions
Edit: You can read a free preview here: https://www.masteringmodernpayments.com/read
Very cool. if you're helping people earn money, they will pay :)
Is the high-end team options selling? Also what it the split between the mid-price and the lowest price?
I'm trying to figure out the pricing for my book[1] so it (a) is dont-need-to-think-about-it-cheap, (b) doesn't devalue the book (if too cheap readers won't trust), and (c) interacts nicely with Amazon who are undercutting me on price. Any tips?
[1] http://minireference.com/static/newsite/ cf. http://minireference.com
Low and mid tiers have sold approximately the same number of copies, which means the mid tier brings in about double the revenue.
Not sure what to tell you about Amazon. I don't sell there because I like taking 97% of my revenue instead of 30%, but for a math textbook maybe it would make sense. Do you market to math tutors? It seems like if you could get tutors on board they would be able to easily sell to their students.
I'm thinking a good partner would be university departments who offer tutoring for free---the incentives would be there since they'll need to hire less tutors.
To setup and collect payments world wide outside those countries is a pain in the ass. Any book on that (or good services) deserve money & success.
[1]: http://www.boku.com
Product: http://doubleyourfreelancing.com/rate/
Email course: http://doubleyourfreelancing.com/free-pricing-course/
So if anyone else is thinking of setting up this kind of autoresponder email course, make it valuable. I've been through a bunch of these kind of deals and there is a lot of crap out there.
My SQL for Marketers course on Udemy does about $1500 a month, and has been pretty steady since launching the course on Udemy in late April. This takes almost no maintenance, though I am starting to work on improving it in response to student feedback.
My other course, Productivity for Mac Users, is a simpler keyboard shortcuts one can use to be more productive on Mac. This one makes $400-800 per month, though average over the lifetime (launched in May) has been around $500.
Lastly, we launched Traction book 3 months ago, and it continues to sell really well. Even after splitting with my co-author, I make about $3500 a month from that. You can see full numbers breakdown in the blog post we wrote summing up our launch.
https://www.udemy.com/sql-for-marketers/#/
https://www.udemy.com/mac-keyboard-shortcuts/#/
http://www.gabrielweinberg.com/blog/2014/10/getting-traction...
The way it happened is that I was already working on my Iridium Flares app, when one day I saw a certain new app launched. I knew I could do it better and I already had some useful code from another project, so I called in sick from work for one day, and hacked out a better version of what this guy had just launched. That app's user reviews told me exactly what to build. It took off from there.
I have built several Android apps in the early days of Android. The just-mentioned app, which was my most profitable one, was selling for $3.95 and netted about $50,000 over the course of its life. Highest monthly income from that was $1500/month for about two months.
I also had an Iridium Flares app for Android. It contributed maybe about 5% of the numbers stated above. This app was priced at $1.95. Both apps had a free version running ads. Most of the revenue came from the paid version of the other app.
In the early days, simply putting an app on the Play Store was enough to have people find you through the search box and the 'new apps' list. I remember I was scanning the list of new apps every few days for neat new things to try on my G1. Making a better mouse trap would ensure your app got installed.
Which brings me to the present: I just launched a cryptocurrency price charts website a few weeks ago with a friend. https://pizzacharts.com Got about $20 in donations at launch. We have a freemium model, $9/month only payable in Bitcoins at the moment, and ads. We'll see what kind of revenue comes out once we scale, fingers crossed.
Edit: in fact, we don't even know that his company pays him at all if he's on a sick day. Many jobs don't, e.g. if you are paid hourly.
More details on how I got started here: https://news.ycombinator.com/item?id=870015
BTW, since you cover a lot of high school topics, you should consider making a textbook that is aligned with the common core math state standards---the big textbook publishers are scrambling to update their books right now...
It's a tasks app that syncs with OmniFocus. https://play.google.com/store/apps/details?id=io.quantus.app...
Most of my customers pay for the app because they are heavy OmniFocus users on the Mac and recently switched to Android.
Typically, I shoot for ~5% rent to value ratio, e.g. $100k/yr income on $2mm worth of property. With appreciation, I can see why old people do this.
I used the time to bootstrap a company to 40 employees, and profitability-- boy, that wad hard work.
bbf.io/snacks -- killer food for bay area offices and startups
How much capital did you invest, and how much debt did you use?
Also, the capital equation is something you can compute: if you want $x in income, then how much capital cost is there etc
Keep in mind, we're in a low interest rate environment.
Edit: It's so low because I buy properties that are in good shape. I have a full time job so I wouldn't have time to focus on doing repairs and improvements.
Long live SDKs, APIs and other ways to get a product out the door without coding every bit myself.
Fun teamwork results from these side projects also. Such as my wife recording her custom mix of "Old McDonald" + "Hail to the Chief" to be used as my background music for the game. She did this at 1AM of election day, 2010 so I could release the app that day.
Can lessons in life be measured as recurring revenue? Maybe not monetarily but certainly in wisdom and the ability to execute better the next time.
Note: My opinions on game SDKs or anything else here are entirely my own and have nothing to do with my role in the corporate world. The experiences I mention here stem from the fact that I cannot stop programming or thinking about apps when I come home. I love this stuff. And yes, I deeply desire to get to MRR at some point.
It's a niche product that makes me $1-2K per year.
More importantly, virtsync customers have hired me for other jobs.
The free version has had 483k downloads, makes ~5$/day advertising (admob/adsense). ~250 downloads a day, been on the market since 2011.
The paid version ($2.99) has had <2000 downloads over the ~3 years it's been on the market.
Unfortunately I've no time to keep it updated so last update was in 2012.
It's DJPad, feel free to try it - the library functionality is embarrassingly bad but the audio engine and UI's half decent.
Probably the biggest feature is that it's lower latency than the competitors written in java. It doesn't hold a candle to any of the DJ apps on iOS whatsoever though.
I started a new job/career 2 years ago, and now I'm a dad - suffice to say my free time is gone. If I had stuck with this project I would have rebuilt the library and built a dedicated onboarding walkthrough.
All from ads. Mostly Admob, but also Millennial Media and Inmobi.
A few thousand per month from https://www.w3counter.com
The only downside to working alone is being on-call 24/7/365 for the servers. I have a good alert system that will wake me up if anything goes wrong overnight, though most components of the stack can fail without taking down a site. Lots of load balancing and warm failovers at a second host just in case.
W3Counter's always been a pet project I built for myself, back in the days before Google Analytics existed, that I've just been happy to see pay for itself. The site turned 10 this year.
Couple of years ago, I developed a battery meter and alerter for windows. I never thought anybody would buy it, much less use it. Never published it anywhere :(
I spent about 4-5 months working on it full time and kind of consider it a failure, but revenue isn't dropping. I don't know how to grow it though because it is search targeted.
The $1750 month is the current rolling average. It can be much more when a new course is launching.
If you have any questions later, or are curious about things you don't want to ask in public, don't hesitate to hit me up directly either on twitter at @jeremyjarrell or by email jeremy AT jeremyjarrell DOT com. I'm happy to answer anything.
I also have a contact page on my site that I monitor: http://www.jeremyjarrell.com/contact/
Regarding hardware I record with a Blue Snowball cardoid mic and a pop filter. The entire setup including mic, stand, and pop filter cost me a little over $100 on Amazon. Pluralsight also reimbursed the majority of that after my first course was delivered. (http://www.amazon.com/Blue-Microphones-Snowball-Microphone-A...)
Regarding software I record and edit with Camtasia for Mac ($99) on a MacBook Pro. I've used Camtasia for my last three courses and while the Windows version is quite nice the Mac version is...painful. I'll be starting a new course in January and plan to record with Screenflow (http://www.telestream.net/screenflow/overview.htm) and edit with Adobe Premiere. Screenflow and Premiere are more expensive options and, as painful as Camtasia was to work with, it was more than adequate to get me started.
I also use a bevy of other free tools to support the production process. For example, I do all scripting, outlining, etc in Google Docs and track the entire production process in Trello. Each course is a fairly large undertaking (the course I'm wrapping up now will have about 135 hours into it by the time its done) so being able to keep track of where you are and how you're pacing for the deadline is critical.
I also have a full time job, am married, and have two young kids (a 3 year old and a 3 month old) so I have to make time for production at odd hours of the week. This makes trello all the even more important for helping me manage the process ;)
Let me know if I can give you any more information.
The trick seems to be to find a niche that people are interested in and that will continue to be interested in for some time, since the course revenue will decay over time.
For me, agile seemed to be that niche...groovy, not so much :)
It also helps if you already have a brand going in. For example, if you're already well known from books or a popular blog you'll have name recognition and some of your audience will follow you. This wasn't the case with me, but I've seen it happen several times with more well known authors.
When an author produces a course Pluralsight actually acquires the copyright and therefore exclusive distribution rights for the course as part of the transaction. In return authors negotiate a royalty rate for each course which is a function of how much that course was watched per month versus total viewing of the catalog by paid subscribers. These royalties are where your revenue as an author actually comes from.
If you distribute your course through a subscription company like Pluralsight this is pretty much the standard model across the industry. As a matter of fact, it's actually pretty similar to how artist royalties work in the music industry.
Webhosting: $20 (Mainly just pays for my VPS)
Launching soon: http://gymbrew.com (Subscription box service for protein goodies)
Should people invest? Yes. Should they invest in index funds instead of day-trading? Almost certainly. Should they expect $6k/month returns from whatever change they scraped from underneath the sofa cushions? No.
Edit: Btw, everything you said is true. And great advice for those trying to follow a similar path. I rarely even check my on my stocks, it's mostly set it and forget it. I simplified this for family members and friends who I think would benefit greatly from investing.
I saw what your investing allocation was from your blog post 60% VTSAX, 25% VTIAX, 10% VGSIX, & 5% VBTLX
Have you heard of betterment? https://www.betterment.com/portfolio/
What do you think of betterments portfolio strategy and allocation? For younger people they recommend 90% stocks 10% bonds.
While income from side jobs can be irregular, returns from investments mainly concentrated in equities can be more volatile.
Volatility in the S&P 500 (as measured by the VIX) has been relatively quite low for the past few years, other than a few marked events. (US debt ceiling crisis, etc.) A chart of the S&P 500 shows more-or-less an upward trend over the past five years; certainly since the beginning of 2013 there have hardly been any wild swings.
This can lull investors into a false sense of security about the distributions of returns; just because returns have been steady (i.e. low volatility) over the past few years does not mean things will remain this way.
I don't dispute the long-term average yearly return of ~8%. What I am saying is that, as with many other things, averages don't tell the true story. One year, you could be down 30-40% in equities and another you could be up 30%. Getting a constant 8% return every year is unlikely.
For some long-term investors, they aren't concerned about the volatility and this is a perfectly rational thing. However, there are some people who cannot bear the volatility of such investments and will be in constant worry. Such individuals would likely have to apportion a higher percentage of their to less risky assets and perhaps miss out on some overall return.
I heard of many people freaking out just because the mini-correction that happened in mid-October. These sorts of people aren't cut out to be investing like this as they will panic and sell during downswings.
The new microsites are actively maintained (blogging, product updates, support questions, security) and definitely not passive, but some of our older ones from 2010-2011, like http://www.coconutwaterlife.com sit around collecting Amazon money for doing next to nothing.
The non-maintained network of sites earns about $500/month.
That sounds great, but honestly, I wasted so much time building so many of them -- scaling business in the wrong direction instead of building a real brand -- that at this point, I believe that had I spent the time working on the main PricePlow setup in those two crucial years, my returns would be far higher than what I'm getting from screwing around with a ton of microsites.
Plus, pareto principle. 10% of the old sites make 90% of the passive revenues. The rest of them were total WOMBATs.
Most of them trivially translate to the English-speaking market, I should really do that. Does anyone have a hint where the best place to sell 'low-end' t-shirt designs in the US is?
Largest customer base has been China & Indonesia which brings in a lot of happy faces and awesome customers, so I got that going for me at least, which is nice.
Been looking at alternative plans (disposable VPS' maybe?) and other ways of profit.
I've done enough Android development to warrant a decent app, so maybe I should create a few more in the horizon.
People who have ran other hosting companies have claimed that "the lower the price the more support you have to provide" (because in the low end many users won't have dedicated technical personnel or are just penny pinching and will shift problems to you when possible).
Has that been your experience? How do you cover the cost of support time in general at $2/month. Also is there a language issue as your customers are Chinese and Indonesian?
Luckily, since most of the marketing comes from word-of-mouth, a lot of users have a decent knowledge of Linux / VPS'.
I also make Ruby scripts as well as using a crap-ton of custom shortcuts in Mutt (terminal-based email) so answer support tickets quickly and without a ton of effort.
The occasional ticket I usually get involves some form of client-side/user issue such as a borked Linux package install. Usually I bite-the-bullet and say "We don't usually provide support.. but I would suggest having a look at X or Y on your VPS." 90% of the time the customer fixes it with my guidance and they learn what do to next time it happens. The other 10% I unfortunately say tough luck to and suggest to hire a Sysadmin or I link them to someone who can provide support for cheap setting things up.
Funny enough, most Chinese / Indonesian customers rarely ask questions! Even if they don't speak English well, we can still understand each-other in Linux terms. I don't know if it's a cultural thing, but most Eastern clients countries try and figure the issue out themselves first. Western clients usually open a ticket first, then figure the issue out.
I run a silly little Amazon (UK) referral tumblr - http://fiverfun.tumblr.com Makes about £100 / month - which is enough to keep me in cheap electronics :-)
Tried adverts & paid apps, only ever made ~£10/month.
I rent out a couple of properties - that's ~£1,600/month (before tax, mortgage payments, new carpets, fees, more fee, insurance, more tax, etc).
The key to all of them is to find things that take as little effort as possible. The panels need checking every quarter, the tumblr is a few minutes in the evening, the properties are handled by professional agents. All that leaves me time to work for a living :-)
Here's one, and the side bar lists the others.
https://itunes.apple.com/us/app/napendar-baby-sleep-tracker/...
http://kidsmorningadventure.com
Usually around $50/month. A little more lately since I launched the new gamified getting ready for school project.
I run a small firm supplying air freshener services - dispenser along with monthly refilling.
Manufacturing and selling water based air fresheners, car air fresheners, scented wood balls for cupboard.
Recurring is growing fast. First is a service - I make around 3k USD in recurring revenue. Profit margins are good. Another counter sales is also periodic not monthly though unevenly amongst clients however it has been launched two months ago and had 2k in first and 3.5K in second in revenue. Here too i manage good margins because i havent yet made into big retail. Its increasing rapidly and consuming resources and money.
Non recurring but periodic
Also sell air freshener products suitable for larger areas like custom diffusers etc revenue ranges anywhere from 0.5-2.5K USD each month.
We've had 671 people join in total. 1 signup today. 8 signups this week. $21,300 in recurring monthly donations. $1,900 in recurring monthly tips (to our operations). The median monthly donation is $20.
Since we launched the Universal Fund we've seen a conversion rate of 2.42% (signups/sessions). I'd be curious to know what conversion rates other recurring revenue products see.
I made it in a couple of hours one weekend as a way to show a friend how to build a website.
I'am limited by the amount of cash. I'am in the process of launching a fund.
Do this for about a year or two before thinking on investing real money. It sounds long and boring but that's because it takes a lot just to understand what's happening, let alone make any money.
Read everything you can on commonly used definitions and get used to reading financial news. This will help you measure how much do you actually understand and get more proficient at it.
Then you can start investing with small amounts and see how it feels. The hardest thing I have experienced while trading is the emotional rush of either losing money or winning money. So getting used to it is pretty useful if you want to follow an strategy, etc.
Quantopian is a good reasource if you have already understood at least some basic stuff. Another good resource is http://www.babypips.com/school
Although it refers to Forex market and not stock market, a lot of the stuff there applies as well.
Choose a sector that you like (biotech , videogames etc ...).
Take care of trading costs.
And if you are a programmer try to find pattern in stocks.
https://www.quantopian.com/home
If you play even with an algorithm or without, write your rules (i play this amount, i go aout at this date or if i loose this percent).
Have a clean head when you play.
By analysing data you can earn a little.
For the upfront it depends of what you aim.
And in the end if someone talk you about technical analisys , run it's bullshit like horoscope for trading -_-
I also earn a tiny $150/year from Amazon affiliate sales on a running/sports web site I built 10 years ago, and has good Google rankings. I used to have Google adSense ads too, but it always showed very generic ads that got very few clicks. Now I hand-select Amazon products I think visitors might be interested in, and include links to those.
Cash is king. You can get better deals if you have all-cash and can close quickly.
https://itunes.apple.com/us/app/onsite-time-tracker/id470803...
but paid downloads... about 100 per month.
App is ranked Top 5-10 on Google Play for a fairly common English keyword. Same app available on iTunes, but little to no traction.
I get 400-800 downloads a day on Google Play. 10-50 a day on iTunes.
Requires $5/ month VM instance for a database and 1 hour a week for updates.
My current project is making me a handsome $2-3 a week is an Andriod app for children. Money from admob. I am trying to slowly growth hack it in various ways.
One is to get translations done on fiverr.com to countries where it is popular.
An other is to think about improving my 'asking for ratings' UX so that I can compel people to give feedback and therefore improve the app, reduce the % of uninstalls.
This is based on a simple idea that the number of installs stabilizes:
Let new installs / day = N
Let uninstalls = U
Let % of uninstalls per day = P
Let total current installs = C
Then U = P * C
This is stable when U = N So when N = P * C
Therefore C tends to N/P
So for example 100 new installs per day at 1% uninstall rate = 10000 installs eventually and no more.
But get the % down to 0.1% is the same effect as getting 1000 new installs per day.
So this is part of my plan.
I personally make around 400/500€ per month by selling a few modules on the Prestashop platform, and this month I'll pass the 1.000€ bar, which feel awesome. I made around 3800€ in 8 month with just a few support, and this feels great !
We also launched the new version of VoilaNorbert (https://www.voilanorbert.com) that aims to find email of people with a slick and easy to use interface. Since the new release (two weeks ago), we made around 250$.
It's not much, but it's amazing :)
Nothing spectacular, I know. I started to get some traffic (28K visits so far) 1 month ago after being featured in ProductHunt, SmashingMagazine, SitePoint, etc.
Still trying to figure it out what I could do with the 1,4k signups I have.
In that whole time running manual services like http://www.sharkboard.co ( monthly investor updates ) and http://www.stefanxo.com ( cto consulting, PA services & hosting ) kept us afloat while building it with 4-5k$ + shortterm gigs
backstory: i ran a small mvp 1-2 years ago on a blog of a famous european angel investor. we uploaded his next project's pdf behind a social login - 800 people signed up.
few months later we made a similar page for a fintech firm that was raising a round - this time with email notifications about sign ups and adding them to a CRM. they got about 150 investors signed up and raised the money quite quickly
so we started automating the process and building it as SaaS app step by step. at first with a few customers who we set up manually, then end of summer we finally launched the SaaS version
I mostly dabble in whiter-hat stuff now but the progress is slow (but hopefully it lasts longer) and make a few hundred per month.
We will record a video note to someone you like on your behalf (anonymous if desired). It's a video service for secret admirers.
We built the entire thing last night (11/19/14) in about 5 and a half hours from conception to implementation. If we sell any, we'll go about polishing the page and making it better.
eBay changed their fee structure and cookie policy last November, and this has coincided with a rise in voucher sites and cashback sites which take the prize of the last cookie placed.
At the moment, across multiple side projects, I'm breaking even. I'll look to shutter some of them next year and will try something else.
LinksSpy is a tool for SEO agencies that helps them find better link opportunities for their client's websites. I started it at the end of April 2014 (7 months ago) and it has grown ever since.
Considering that I am moonlighting the app, it has been quite successful so far. AM(A)A
Word of mouth plays a huge part as well.
In addition to that I use LinksSpy to build more links to LinksSpy.
It has generated around $8000 a year so far, mostly in the warmer months. I tried google ads words in the past, but the cost was too much so I dropped it in the beginning of the year. Maybe I wasn't doing it correctly, but it was almost no conversions.
I haven't done much advertising this year. Most of my traffic comes directly from the manufacturer's site.
I don't blog directly but I am actively looking and linking to other blogs/article about our e-bikes.
Before that I was hired full time work from home(40 hrs/week) by a swedish company and was making 2500$/month for 3 months.
PS: looking for full time remote work at startups, Pythonista web developer(flask/django)
http://blog.onaclovtech.com/2012/12/how-to-quickly-build-ama...
That actually got me work for another app, and I make around $10-$20 off that as well per month.
So many ideas, so little time.
"Have you not though about replicating this x100?"
My wife's family asks us that at least once a year.
We started the site a looong time ago, back when google dances were all the craze and SEO was just a baby. We worked hard building quality content around our theme in order to get pages indexed and were one of the first to market in this area. We ranked very well rather quickly, and started to get inbound links from university sites and courses where teachers linked to our content. As a result we get huge traffic relative to the work we put in. We were lucky.
Most of the traffic boost happened before AdSense existed. I remember when it came out and we got accepted. Seriously? We can make money off of this website? Advertising was never the intention, it was lead gen. Anyways, on went AdSense and lo and behold we made 80 cents that first week. I forgot about it for a long time until at some point we received a big cheque.
We have tried a lot of other things to monetize the traffic (lead gen no longer being necessary), but AdSense has always won. We have tried to build other sites to replicate this, but we were never able to luck out as we did with this one.
These days I would really like to do something more meaningful as well, rather than try to build an MFA site (not that this first one was, nor were many of the later ones; we always tried to tie the website into lead gen for a local company in some niche - friends, neighbours, family - using adsense in the hopes the site may be successful one way or the other).
WRT some of your comments, we didn't highly optimise the content, wrote most of it ourselves and the niche was our area of work. The main idea behind the content was building out the theme of our site, adding content related to the various aspects and explaining terminology, history and other details.
$0 from http://favoriteof.com - Site about recommendations by noteworthy people. Currently focusing on books!
Yep, the website is the only sales channel...
[1] www.honeywithastory.com
I think it depends on store positioning too, once i got into the top charts for my section then I got more downloads (or maybe i got there because i got more downloads, i guess it's a rolling ball effect).
I plan to do some more utility ones soon, and i'm working on a bit of a bigger one (health based) now that will hopefully provide more value to people.
I'd be happy to tell you more about it and what i did if you want. My email is in my profile.
www.easypnr.com
It's just a few bucks but, at least, pay the server bills.
* Ebooks - I publish under four different names; the big alias I've been making $100-$400 dollars per month for several years. A few months I made over a thousand, but I haven't published anything new in months, thus the drop. Sales via Amazon (90%), Smashwords, BN, etc - I'm not on Google Play yet but on Apple, which is about 5x bigger than BN now.
* Adsense - back in the day I co-founded a niche social network, peaked at nearly $60K per month in adsense, despite being 11 years old, the site still gets a few hundred thousand visitors per month - I sold my stake in 2012.
* I'd like to add a 3rd here, but there isn't at present. Hopefully soon, keep posting these, they are hugely inspiring for all of us who mostly lurk.
Can you talk a little more about the ebooks? How did you choose a topic and could you point at a useful reference or two for how to market?
So I found business guy (marketing cofounder) who takes care of everything and pays me flat fee. I live on tropical island and work in average 2 hours a day.
Next year I will be probably better, so I am going to scale up the business (and income) little bit.