Want to Make Money Online?
Well, Blogging about MMO, won’t MMO.
Why Not?
Most of us working Blogs in this MMO/Internet Marketing niche try to provide advice (basically to each other) – we talk about affiliates, on-site advertising, reviews and whatever, and the majority of what we talk about is aimed at the guys working in the same kind of field.
There’s a lot of needless obsessing about subscriber numbers (and artificial and temporary ways to boost them), Alexa rank, PR etc, and a lot of chatter about methods for making money online.
While it’s true that these Blogs can provide a lot of inspiration, and a small number of people make decent money from them – the truth is that the kind of traffic we get is not good for converting. Most Blog/Webmaster type visitors are too savvy to click on ads, and the kind of traffic you get from social networking is transient and not focussed (as a rule).
What works?
The recent massive sale of Bankaholic (widely reported elsewhere) is a perfect example of a brilliant piece of business and should serve as the real lesson for those of you who want to really Make Money Online.
Bankaholic is a Blog/Site with unspectaclar traffic and Alexa ranking. However, it is squarely and directly aimed at a very high-paying target market, ranks highly for major credit/banking keywords (due to it’s content and SEO) and this (plus its layout/structure) will bring a visitor population that is highly focussed on the subject matter and MUCH more likely to click/convert.
The timing of the sale (given the current Credit Crunch) is a bit unfortunate, but the appeal of the site to the Buyer is unquestionable.
What Next?
So – the lesson to be learnt (as always) is that finding and focussing on a target niche, building good content and running effective SEO/backlink building is the way to Make Money Online. So stop talking about it, go out and try it for yourself.
I will be running a 1-year experiment starting soon, developing between 10-20 sites based on selected niche markets and I’ll be reporting on progress here. But don’t wait for me, or anyone else, to do it:
- find a niche (preferably one with good pay-per-click, pay-per-action)
- find a domain
- build some content
- build a site
- SEO it
- build some backlinks
- plant some occasional link-bait
- repeat until Rich
Don’t talk about MMO – go and do it.
Cheers
Dave
Ricky Gervais is one of the most influential comedians of this generation.