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| Business & Financial Career, work, money, income generation, personal finance, investing, debt, wealth, abundance, entrepreneurship, sales, marketing, SEO, commerce, economics, blogging, podcasting |
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| | #4 (permalink) |
| Senior Member Join Date: Nov 2006
Posts: 339
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I just barely broke even in year one, and mad several thousand in profit in year two. I'm now in year three, and about to get a bit risky and turn it into my full time business. My site is here. Last edited by Andrew Michaels; 05-18-2010 at 09:59 PM. |
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| | #6 (permalink) |
| Senior Member Join Date: Jun 2008 Location: Auckland, New Zealand
Posts: 636
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I made $10,000 in my first year with Site Build It. Well worth the $25/month I bought my first domain (World of Lucid Dreaming) in March 08, worked on the site part time and began monetizing in July 08. That month I made $60. The next month was $340. After that it kinda snowballed... By Christmas I was making $1,000/month. Around then I launched my 2nd website (Improve Vision Naturally) which quickly started generating $200-300 per month. I only sold two products on the site back then (eye exercises and eye vitamins) which today generate $500-800 per month. I very rarely work on that site, so the income is very very passive. Around Christmas 2009 I started Sheltie Planet, and now that site has been monetizing for a month, delivering well on AdSense which is unusual for me. I prefer affiliate sales mostly. I can't offer any good figures yet for this one but I have my fingers crossed and am working hard at it! SBI is awesome, I can't recommend it highly enough if you want to get started in online business. It has set me up on a new career for life. |
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| | #8 (permalink) | |
| Senior Member Join Date: Apr 2010
Posts: 138
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| | #9 (permalink) | |
| Senior Member Join Date: Apr 2010
Posts: 138
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How to create a site that makes money You really have a talent for that. And Rebecca, could you tell us your conversion rate? | |
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| | #10 (permalink) |
| Senior Member Join Date: Apr 2010
Posts: 142
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What were the most critical lessons SBI folk have learned from the process? What do you think you've gotten from SBI that you wouldn't have gotten, or would have taken much longer, if you had started out completely on your own?
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| | #11 (permalink) |
| Family Member Join Date: Sep 2008
Posts: 2,950
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Last month my acupuncture website made about $155 on Adsense + ebook sales. This month I estimate it will make about $200. It's about 16 months old now but honestly, I have been half-assing my work on it ever since month 3 My business website is relatively new and I haven't monetized it yet. |
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| | #12 (permalink) | |
| Senior Member Join Date: Apr 2010
Posts: 138
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| | #15 (permalink) |
| Banned Join Date: Apr 2010
Posts: 668
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I'm always surprised by how well ebooks sell. Even one out of 225 is higher than I would expect. I guess the ebook market is becoming more popular. Maybe this will continue, as products like the Amazon Kindle get more and more users.
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| | #16 (permalink) | |
| Family Member Join Date: Sep 2008
Posts: 2,950
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I really don't think a "market average" matters at all when you are talking about ebook sales. I'm sure there are people who gather very targeted niche traffic and convert it at 50% or more, whereas I remember reading a post by Steve where he talked about his "income per visitor" being at only a few cents per month because he attracts such a huge, diverse audience to his website. The good thing is that all of my traffic is free, mostly from Google. And although I don't know how to increase my conversion, I do know how to increase my traffic by building more content. That is exactly what I'm doing over the next several weeks. I have tons of new content planned out and already in creation. And if you are building a website the SBI way, then typically new content = more traffic. With enough traffic... it's hard not to make money | |
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| | #17 (permalink) | |
| Senior Member Join Date: Jun 2008 Location: Auckland, New Zealand
Posts: 636
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Admittedly I don't pay much attention to my conversion rates. I know roughly whether a sales page works but I really don't count stats other than how much $$$ value each page generates at the end of the month. You made me curious with this question though so I worked out some conversion rates of my favorite products during the month of April: - Lucid Fiction ebook - 1.75% - Lucid Dreaming MP3 - 2.00% - Rebuild Your Vision program - 0.65% - Site Build It - 1.27% I also have a smattering of AdSense for which my CTR is 0.43% overall. I'm still playing with the layout and would welcome ideas to test run. The trick is also integrating it with my affiliate programs on the homepage. Cheers | |
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| | #18 (permalink) | |
| Senior Member Join Date: Jun 2008 Location: Auckland, New Zealand
Posts: 636
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| | #19 (permalink) |
| Senior Member Join Date: Apr 2010
Posts: 138
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Rebecca, Thanks for replying. A little bit off topic...I'd like to know if New Zealanders feel offended when people call them "Kiwi". I don't usually meet New Zealanders both in real life and on the Internet. And your conversion rate is interesting, much closer to market average. I am looking forward to your 4th. |
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| | #20 (permalink) | |
| Senior Member Join Date: Jun 2008 Location: Auckland, New Zealand
Posts: 636
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| | #21 (permalink) | |
| Senior Member Join Date: Apr 2010
Posts: 138
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| | #24 (permalink) |
| Senior Member Join Date: Sep 2009 Location: Montreal, Canada
Posts: 193
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SBIers! Let me just hijack this forum post for a sec since it seems to be hot. I'm looking into signing up. My Q is everytime you make a new site do you have to add a subscription or your 3 sites are all hosted on your one subscription? I know it's not a huge deal as the profits seem to well make up for the ~$30.00 spent monthly. I'm also curious if you choose the wrong idea for a site, for example if I made plasticbottleswithribbonsandglitter.com and it turned out to be a big flop if I could just change my domain name and stay on the same subscription but just work on that site instead? Thanks! |
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| | #25 (permalink) |
| Banned Join Date: Apr 2010
Posts: 668
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Every time you add a new site, you need to add a new subscription. However, as you gain more experience, you may want to start hosting your new sites on another service like HostGator. I'm not sure if they let you change your domain on the same subscription. Surely you'd need to buy the new domain, but that's a small cost of less than $10/year at places like GoDaddy. Good question! |
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| | #27 (permalink) | |
| Member Join Date: Sep 2009
Posts: 35
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| | #28 (permalink) |
| Senior Member Join Date: Jun 2008 Location: Auckland, New Zealand
Posts: 636
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Good point Lucidism... this worked for me personally. I used Site Build It to create World of Lucid Dreaming and learned intensively from that. My next sites were all created from scratch using our company host and my partner's design expertise. Not everyone has this luxury but they can compensate in different ways. Many people with one successful SBI site have no qualms using it for their 2nd, 3rd, 4th site, etc. However if you have the tech savvy by that point there is nothing stopping you going it alone. Having said that the downside is this: trying to replace all the SBI services off your own back quickly add up (its not really just a case of finding a cheap host). For instance, a newsletter mailout will cost $30/month. Wordtracker access costs $59/month for quality keyword research. Your design template may cost extra... we charge $250 for this service. All these features come free with SBI for $25/month. Plus there's Content 2.0 which I haven't managed to put a value on because it doesn't exist elsewhere. Its a tough call but one you can make after you have your first really profitable site - and for that I definitely recommend Site Built It. |
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| | #29 (permalink) | |
| Senior Member Join Date: Sep 2009 Location: Montreal, Canada
Posts: 193
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Rebecca, I want to personally say a big thanks to you. All of your contribution on this site about your SBI experience I have found very useful!! In regards to your above post it's nice to see the breakdown of expenses. I'm wondering one more thing, when you started off did you have a goal of how much income you'd like to be making from the site? Did you meet this goals earlier or later than you thought? Also the same above question is for any other SBIers out there, I know Curtis that you may be lurking around too so I'd love to hear from you as well. | |
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| | #30 (permalink) | |
| Senior Member Join Date: Nov 2006 Location: Portugal
Posts: 578
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That is VERY GOOD. That is almost absurd. It is extremely good. Well done man. | |
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