Money Making Web sites

5 replies
In the next few years I want to start a few web sites that can generate income on their own. I am looking for ideas on sites that make alot of money.

So far I have a dating site and I am thinking of starting a classified ads, a business directory, an auction site and a freelancer site.

If you guys have any ideas of other kind of sites that will make money then please share.
#making #money #sites #web
  • Profile picture of the author Tom Addams
    Hey Dewalds...

    I have experience of running those sites (with the exception of a freelancer site) and others. Your best bet is to focus on one site at a time. I'm known for running quite a crazy number of different business models, but even I stick to the one at a time approach. Begin by forming a thorough business plan. Treat it like an offline business. Imagine you have to take that plan to a bank manager to get a loan (I know that you don't, but just imagine). You'll benefit so much from having a strong business plan. Then take action. Get the one site operating and then optimize it for ROI. Optimize, optimize, optimize. When you feel you can pass the reigns over, do so. Outsource. Then - rinse repeat.

    GRM
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  • Profile picture of the author allyssaallyson
    Very good idea. If you have the opportunity to so this, you can do. Freelancing site take high commission. such as some site take 20% commission on the total transaction amount. Fiverr get 20%. Per gigs $5.0 but the freelancer get $4.0 per gigs. some sites take 10% commission such as odesk.
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  • Profile picture of the author James.N
    The biggest issue with some of those sites, especially something like a freelance site is how are you going to compete with the big sites?

    You need to come up with a reason that people will use your site instead of using Odesk.
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  • Profile picture of the author KingServers01
    Starting money making websites is not an easy task. You will have to make strategic plans to from launching your website, marketing plans etc.

    I would recommend you to go for Classified ads websites. Such sites are more in demand and you can get good traffic through performing well planed marketing activity.
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  • Profile picture of the author Robert Brown1
    Originally Posted by dewalds86 View Post

    In the next few years I want to start a few web sites that can generate income on their own. I am looking for ideas on sites that make alot of money.

    So far I have a dating site and I am thinking of starting a classified ads, a business directory, an auction site and a freelancer site.

    If you guys have any ideas of other kind of sites that will make money then please share.
    I think, freelance website like Odesk can generate a lot of money.
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