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Creating a Small Website to Earn Passive Income: Second Attempt

sparklewise.com

11–20 of 37 posts

Re: Creating a Small Website to Earn Passive Income: Second Attempt

#11
Passive income is a funny phrase... I've tried it before too, but always end up pouring more time and energy into it than I first intend. At first it's "I need to put time into this to get it started, then it'll be all good."

When it's generating income, the question becomes "can this be scaled to make even more money?" Then we adapt, A/B test, work promotion channels, obsess over page rank, refine analytics... ugh.

I wish you luck :)

Re: Creating a Small Website to Earn Passive Income: Second Attempt

#12
post #5
post #2

What's your background - software or design? Did you do the design yourself?

Hey roel, I'm a software developer. I outsourced the design through Odesk (for something like 200 euros). You have to test a few designers to find one you like but it's so worth it not to spend tons of time myself to end with a crappy design anyway :-)

This also means that you have to invest 200€ in addition to the time spent coding it and to the hosting+domain fees in order to get things started. Considering the goal you expressed (making passive money), why was this your choice compared to spend less money at first, code it and just make it functional (not beautiful), and only if it works or show signs that it will, then spend the 200€ (or even more then) on the design?

(In case it needs to be said: I'm not saying you made a wrong choice, I'd really like to know/understand why you chose to go this way :-)).

Re: Creating a Small Website to Earn Passive Income: Second Attempt

#13

You should look up some more seo tricks to get your site more popular!

SEO is hard, what tricks do you have in mind? For now my SEO strategy is to contact people who have fitness related blogs and fitness related link lists and get my site in there. Also I could build more content with a blog for example. But tricks? :-)

Re: Creating a Small Website to Earn Passive Income: Second Attempt

#14
More ideas Rank it then sell it to someone who can do something useful with it, such as a fitness coach/company or any other interested health related org.

Or build up a list and instead of trying to monetize immediately provide tips to get a healthier bmi, then offer products or services after building up a relationship with the listmembers.

Or partner up with someone who is a coach or has value to offer to people who are interested in improving their bmi.

All three of these are more interesting and likely more profitable than trying to push affiliate or cpa type offers straight up to your visitors.

Re: Creating a Small Website to Earn Passive Income: Second Attempt

#15
post #12
post #5

Earlier quoted context omitted.

Hey roel, I'm a software developer. I outsourced the design through Odesk (for something like 200 euros). You have to test a few designers to find one you like but it's so worth it not to spend tons of time myself to end with a crappy design anyway :-)

This also means that you have to invest 200€ in addition to the time spent coding it and to the hosting+domain fees in order to get things started. Considering the goal you expressed (making passive money), why was this your choice compared to spend less money at first, code it and just make it functional (not beautiful), and only if it works or show signs that it will, then spend the 200€ (or even more then) on the…

I understand your point, however I think the idea is validated by looked at google search results: 40.000 people look for exactly how to compute their BMI. I also saw that there were several sites built around the purpose of calculating your BMI, however I think they are executed poorly. So there's a market for it, even if it's only to make passive income.

To justify spending 200 euros: 200 euros is really not much in the grand scheme of things and considering the above, I think it's worth the expense. When asking for links and you have a good looking site, your requests are more likely to be answered than if you have a garbage-looking site.

Regarding whether it's a wise investment of my time, it's harder to say. There's the time developing it but also (mostly) marketing it, link building etc. I think at some point you have to go with your guts, you will never have all the data you wish at the beginning. Then if it works really well, I can look into adding more features, more calculators, more content etc...

Re: Creating a Small Website to Earn Passive Income: Second Attempt

#17
Good luck to you. In my personal experience, many Clickbank products are simply garbage.

I had an Adwords account banned because of a Clickbank product. What was this controversial product?

Instructions for building a chicken coop. There are more "legitimate" affiliate companies you may want to try. Amazon, Commission Junction, etc.

I am no longer able to use Adwords...ever.

[UPDATE]

I have also had Facebook Advertising suspended because of Clickbank products, too.

Re: Creating a Small Website to Earn Passive Income: Second Attempt

#18

More ideas Rank it then sell it to someone who can do something useful with it, such as a fitness coach/company or any other interested health related org. Or build up a list and instead of trying to monetize immediately provide tips to get a healthier bmi, then offer products or services after building up a relationship with the listmembers. Or partner up with someone who is a coach or has value to offer to people w…

Yeah it corresponds to what I've been reading lately on customer acquisition: build the list!

Very nice ideas on how to take it to the next level, thanks!

Re: Creating a Small Website to Earn Passive Income: Second Attempt

#19

Passive income is a funny phrase... I've tried it before too, but always end up pouring more time and energy into it than I first intend. At first it's "I need to put time into this to get it started, then it'll be all good." When it's generating income, the question becomes "can this be scaled to make even more money?" Then we adapt, A/B test, work promotion channels, obsess over page rank, refine analytics... ugh.…

Yup, that exact thing happened with my product. I told myself "I'm just going to create a small marketing site, sell it and see what happens."

I launched it, got a few sales, and then started to think "well, if I add this feature to the site, maybe I can increase sales, or I need these blog posts, or I need to A/B test this button, etc..." and before you know it, it's not passive.

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