But recently and with lots of testing, I found out a strategy that works using flippa (the site people buy and sell websites from) I thought why bother buying one, why not just have a look at the sorts of sites doing well and come up with my own idea??
Well little did I know that I was really onto something!!!! BIG TIME. Infact at last glance my new site that has been running for 5 and a half months is up to nearly $2800 a month, and i dont really have to do much at all. Just an update every few days.
To cut a long story short here is what I did :-
1) spent about 1 hour at flippa and found sites doing well, lots of revenue but in the same niche. I made sure I found about 4-5 sites doing particular well and in the featured site sections...u can even find sites that have already been sold also using the advanced seach.
2) Looked at the sites, studied them, signed up, and worked out their product/s and their sales funnel. The best one I found was FREEBIE<> SPECIAL RATE<> PURCHASE<> BACKEND<> BACKEND<> MEMBERSHIP. I use the same strategy and it works like a champ.
3) I created first a service (which I outsource) then a membership site. I set this up and got everything put it all together using dreamweaver and speacialized other blog tools. Set up a free trial (7 days) and let loose with the traffic. I remember I already had 20-30 articles I had purches from a marketing friend, so I re-wrote them and put them up on EZA, goarticles and other main article directories.
4) It took a while for the traffic to come, but I am getting about 25-30 on the list each day and people joining. When they hit the membership site that is where I am making more money. After their 7 day trial expires they have to pay. Some quit, but there is about a 60% stick rate, maybe a bit lower. I have about 96 people each paying me $29 per month. They are getting some good stuff I feel....and that is how I am making the $2700 or so a month. Its a good gig and only took a few days to set up.
Heck you even outsource some of this, webdesign..articles, etc and get cracking. The key here to to get off your butt and find what is selling and sell it yourself. IT really proves the theory. I guess i just wanted to test and prove it to myself yet another time LOL.
Hope this helps. Now time for both me and u to stop reading this addictive forum and go and do some work LOL