Quote:
Originally Posted by joepusher
I'm trying to follow what you're saying.
The other guy was suggesting to spend a few grand to set up some more sites as part of my program, with enough content to stretch it out for a year or two. How does that relate to 1 single month of revenue? Is that another formula?
I'm not saying that it's right or wrong. I just really don't understand what you meant.
http://www.JoePusher.com |
I guess I am saying that deciding to invest a lot of money into new content and potentially new sites to create a multi-site all access pass type deal seems like a great way to dig yourself into a big hole when you aren't happy with the money you are currently making insofar as you are looking to sell the site you have.
I am also saying that investing in more content only makes sense if you have the traffic conversions to support it because you can update everyday and it won't matter a bit if the traffic is not converting in the first place.
And I think buying super cheap "filler" content that is already whore'd out won't do much since surfers see that stuff anywhere and everywhere; whereas, paying for decent, exclusive content to provide enough updates is an expensive proposition. We are super cheap when it comes to paying for content and it still costs a fortune to maintain our daily updates. Seen a lot of companies go under trying to play that game.
Finally, I think the advice you like to hear should be discounted greatly and the advice you don't want to hear can often profit you more. When it comes to business advice of this nature I would ask for credentials, references, and examples. GFY has a lot of opinions but very few experts.
