In the Internet traffic is money. The correlation is directly proportional, and the yield factor depends in a couple of factors; quality of ads, placement, and morals.
Unfortunately, the lower the morals, the higher the revenue. This is sad but true, if you don’t believe be read this TechCrunch article.
If you ads are not fined tuned and targeted to the demographics of your audience then those ads won’t yield as many profits as well targeted adds.
Finding the perfect balance is a recent science and a science that those that have mastered has made them very very wealthy.
Needless to say that If I make any money from this site it will not be by deceiving and tricking my audience into clicking banner ads that make false promises. This will ensure any possible revenue will be cut by at least 10 times.
So being good, having morals has a price.. the price of losing a lot of potential revenue.
Because money is money, and where it comes from, or who got scammed, suffered, or died is not traceable on a 100 dollar bill people don’t care where the money comes from.
Having no morals will make you richer a lot faster, it will also make this world a lot shittier and ironically will not make you any happier.
So my first moral attempt to make money on the Internet is by providing a useful free service and making money through advertising non-deceptive adds.
I want to see for myself how much traffic I must generate in order to eventually make a full time living online.
For this experiment I need two main things. First, a free service, and second a series of ads on the service.
The first part has been accomplished, obviously is Ibizaah! a free YouTube Video Mixer and Playlist creator.
For the second part I chose Amazon Associate ads.
I chose them simply because they were the easiest to apply for. They haven been the fastest at approving my application and they are a very well established and reputable organization.
Their referral rate is 4%. Which I imagine is that if someone spends $100 on Amazon products after clicking one of my adds I get $4 dollars. Because I have no idea how this works I don’t know if this is a lot or little but I am going to assume is pretty standard.
Big question. How many visitors would I need to make $2000 a month which would cover all monthly living expenses?
That is my goal. I am guesstimating I would a least need 1500 stead unique visitors a day or about 50,000 visitors a month.
Probably I am very optimistic since that implies that I should be earning 1 dollar for every 25 visitors, is that realistic?
Something tells me it would be more like at least 100 visitors per dollar… have no idea, we will see.
You are welcome to click on this add and spend $100 to help me figure this out faster.. 😉