Please allow me to ask for your advice.
I live in a city with about 1.5 mio. citizens. There's a quarter with lots of restaurants, and a few months ago I set up a portal website about this quarter. This website ranks #1 for the keyword "restaurants 'quarter'" and has about 700 unique visitors a month. It displays about 20 or so restaurants .
My initial idea was to have the restaurant owners pay me $50 per month to maintain their listing.
I did contact the owners by (paper) mail and followed up on them via phone.
I could already present their listing and the website was already ranking on #1, so I really was optimistic regarding their reaction.
Thing is: either their restaurant went so badly, that they couldn't (or didn't want to) afford the fee, or it went so well, that they didn't need any additional advertisement.
Not even one restaurant owner was willing to pay!
Next thing I did was contacting restaurant owners, whose website was ranking on page #2 for my keyword, saying "you can have position #1 instead of page #2"... nothing!
Then I put a Groupon-ad on the site, hoping to get at least a little bit income this way... not working! :-)
Any advice here, how to make this website finally make money for me?
If you like to see it, just pm me!
thanks a lot, your help is much appreciated!