Over the past several months I’ve been acquiring a plethora of domain names with the intent to develop them into various niche websites. During the course of this domain acquisition period I never focused on buying names for one specific niche – instead I just focused on buying names when I knew I was getting a good deal AND when I could see there wasn’t too much competition. What I want to do is to build a network of highly targeted niche websites that are able to collectively generate over $10,000 per month on a consistent basis. I believe this will be a very difficult goal to accomplish, but if I can break $10,000 per month with websites I rarely need to update (or never) it will be another way to diversify my earnings and generate more much needed capital to further grow my business.
I have several parts planned for this case study and will share details as to how I buy domain names, pick niches, build websites, outsource content creation, do link building etc. along with the challenges I’ve faced with each facet of building a profitable website. I will also share income figures and more specifics so that it will help provide some context into what I’m doing. Moving forward as the income level for my niche network of websites begins to grow I’ll separate it out on my monthly income reports so that you can see what income is generated from the blogs, websites, forums etc. that I actively work on and contrast that with the more passive income.
I’ll have the first part of the case study next week which will cover domain acquisition strategies. Hopefully this sounds good to you, and if it does be sure to subscribe to my RSS feed (or email updates) and you should also follow me on Twitter
sounds awesome Chris! I can’t wait to follow you through the process and try and implement some of the stuff on my projects.
.-= Tom´s last blog ..The Aweber Code�.And Why You Need To Promote It! =-.
Yes, as it is right now I have more of my eggs in a few larger sites so it’ll be interesting to see if I can build mini monster sites that earn $xxx to $x,xxx per month or not.
Hi Chris – Stumbled onto your blog. Great work! For “making money online” niches, will you attached those landing pages here on your blog?
.-= JackNguyen.com´s last blog ..How To Become Amazingly Great at Something =-.
I’m going to wait for the results of this experiments. Do update us!
.-= Palabuzz´s last blog ..ffgfg =-.
Hey Jack,
I’m going to be trying the mini blog site approach and I’ll be using this exact theme to do it. This is a custom theme my buddy / designer helped me with and I can change various settings like the color etc. to make it look different from site to site.
Your plan sounds good. Can’t wait to see you next post. Keep it =)
.-= blinkky´s last blog ..How To Open .001 Files? =-.
enjoyed reading… keep up the good work!
Hi Chris,
This niche blogs that needs no or less work idea is great, but unfortunately i cannot think about a blog that needs updates, what kind of niches do you think to best fit this idea? Can you share them, if you do not mind?
Thanks!
.-= Mehmet´s last blog ..Samsung Go N315 10.1-Inch Netbook =-.
Hey Mehmet,
I like to find places where the information doesn’t change very often, or at least information that doesn’t need to change on a weekly basis.
If I could get 100 plus blogs that only need to be updated once per month but that all earned at least $100 a month that’d be pretty sweet.
Who knows, this is a case study and there’s a chance I may not be able to succeed at it.
Niche wise I’m not sure yet. I’ve only done a little work on this one.
Chris
Yea, i see your point Chris and i am sure that you can achieve your goals one day, just keep trying!
.-= Mehmet´s last blog ..Samsung Go N315 10.1-Inch Netbook =-.
Nice post man, i like the way you tell it straight, keep up the good work.
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