There is more than one type of website that can make money, but for this article I want to concentrate on one specific type. This one is for the long term business model and will require a huge amount of time and money invested into it, but when done properly it can be a seriously big money maker!
The Massive Content Site
Also known as an authority site, the massive content site is where big money can be made, but this is a long term business strategy, with a lot of work involved. Planning how to go about this can be very beneficial as it could save you a lot of time and money.
The content site gets its earning capabilities as it grows into a massive site that is added to daily with fresh and up to date content. Producing good quality content added daily can be rewarded with big money, via advertising, affiliates, etc.
These sites over time draw in huge numbers of visitors and when a site gets a large amount of monthly traffic it can easily sell advertising space, and advertising space on big sites can be expensive. Massive content sites can earn huge amounts of money each and every month from selling personal advertising space as well as Google Adsense revenue.
Imagine adding 10 new pages each day; each new page has advertising on it. Over a year that is 3650 new pages of advertising waiting to be clicked through. Not only that, the more content that is added the more your site is used, the more your site is updated and used it will get greater rankings in Search Engines like Google. You will be rewarded for your work, as long as the content is unique, yours and of great quality.
Once a site becomes an authority site with large amounts of visitors and great earnings potential it will get noticed by the big guys.
Recently TechCrunch and the HuffingtonPost were bought by AOL at a cost totalling $335 million! AOL will get its money back down the line; The Huffington Post has had well over 1 billion page views and has had over 37 million unique visitors in one month alone. Imagine if that was every month and 1% of that clicked through advertising! Big sites with lots of traffic and quality content equals big money.
It’s not just advertising where big content sites can make its money from; there is always affiliate product that can be used to bring in more money. A review site purely based on new gadgets can have affiliate links taking the reader to a place where they can purchase the items making the site more revenue.
The more gadgets the site reviews the greater affiliate income it can generate. Imagine having ten new reviews per day on high ticket items like the newest smart phones and laptops.
Creating Your Own Massive Content Site
Making a massive content site isn’t easy though. It requires a lot of time and money to invest in this type of project. Unless you have a strong team of friends who are all into the same thing as you and each willing to write and upload an article to the site a day, you will struggle.
The other option is to outsource writing content to a third party to prevent yourself having burn out (writing two articles a day for me is hard let alone ten!), but this comes with its drawbacks. It can take time to find several good writers who can write your articles to the standard you require and then it can be costly.
Working on adding 10 quality fresh new articles to your site a day could cost up to $300 a day! It is not unheard of to pay $30 for one article. If you want the best be prepared to pay for it.
$300 over 7 days is $2100, for the year that is $109200. That is a lot! After spending that amount you will see some return on advertising but can you afford that? Just one month at under 10K would cripple most people.
It is possible that you can start a small content site that is built up over time that requires maybe one or two articles a day. But that is still pretty hard going. As I said earlier, do you have a set of good close friends who can team together and create a co-op that can work together to create a massive content rich website for an equal share of the future revenue?
I actually like that idea, however, the reality is different. Is it possible to find ten likeminded individuals who can create good quality content, be focused enough to create and upload one new article or video a day and keep at it for several months before the benefits follow?
People tend to stop fairly early when the results they hoped for do not miraculously appear overnight.
Different Types Of Content Site’s
There are several types of massive content sites to choose from, some require very little content from you, as an example YouTube. YouTube generates a lot of money for its owners Google and anyone who is in the partner program. Yet Google does not upload the content.
YouTube was not created by Google but was eventually bought by the Internet giants for an incredible $1.65billion when they saw the potential in the site and the fact that it was thumping Google’s own video sharing site.
YouTube relies on exterior source’s adding content to the site (ie, you and me uploading our own videos). The same system applies to massive content sites like Photobucket & Flickr that primarily do pictures, Ezine Articles & Go Articles that are article directories and other sites like Scribd which host other people’s eBooks and PDFs.
The massive content site does not have to be just a text based self-written review site. It can be one of many styles and I am sure there is room for many other types of content sites waiting to spring up.
What if you have a background in fitness and you created a fitness and exercise site where other people shared videos, eBooks and articles to the site adding new fresh content daily making your work easier and the revenue potential grow quicker?
You could make money online from a simple concept or niche based site that allows others to do the work. Could you set up a site on fishing? Or could you create a video site specifically for skateboarding?
There are so many niches and options available where you can create a massive content site. There is work involved and to make the work easier you need to really like the topic that you have chosen otherwise not only will it be hard work you are more likely to quit a lot quicker.
One thing is clear, whatever niche or style of content site you choose, when done right and the site grows in popularity the long term earnings potential is massive, if it wasn’t do you think these other sites would still be around?
But what do you think? Would you consider starting your own massive content site, or do you think it is impossible without having a huge team of people and resources to get started? Let us know or leave any questions you have in the comments section below.