I’ve been covering a lot of material about buying and selling websites on my blog because one of my only business goals this year was to buy $100,000 worth of websites. I also think there are a lot of opportunities to make money in this space because regardless of Google algorithm changes as long as there is an internet there will be websites making money. One of the main things I look for when I buy a website is how much work it will take for me to run it. Ideally I want to find websites that require minimal upkeep or that can be outsourced to run with minimal involvement from myself. If I have to be writing daily blog posts for a cooking blog I purchased two weeks ago, while I’m negotiating price with an owner of a vintage mustangs website I’ll never be able to fully scale this business model and neither will you.
Table Of Contents
- Why CopyCatCrafts.com Was A Great Purchase
- Future Plans For CopyCatCrafts.com
- Total 4 Month Income Graph For CopyCatCrafts.com
- Rivit Media Total Income: $881.79
- Google Adsense Total Income: $332.39
- Vibrant Media In Text Advertising Total Income: $806.53
- Vibrant Media Display Advertising Total Income: $169.64
- Overall Income Impressions:
- New Copy Cat Crafts Case Study Updates:
Why CopyCatCrafts.com Was A Great Purchase
(See past blog posts on this case study: Start Here, Then Part 1 and Part 2)
I’ve already discussed how important it is to buy websites that are easy to manage and CopyCatCrafts.com was the perfect example that fit my criteria. When I bought the website there was already a terrific editor involved that I could pay to help run this website. I pay her a very nice hourly rate to help run this website and she does a great job. Some websites can be managed for a lower price than what I’m paying but with CopyCatCrafts the quality of what is shared on the website is most of what makes it so successful and helps to drive the traffic so I didn’t want to do anything to jeopardize that. Plus I like working with this editor too which is always nice to bounce ideas off her.
Future Plans For CopyCatCrafts.com
I had a list of things I planned to do to increase the income on the website that I’ve mentioned in past blog posts and even though I haven’t spent much time implementing all of the ideas the website still continues to generate a nice income. The biggest things I want to focus on in the future are better monetizing the highest traffic pages on the website with additional affiliate links, split testing more CPC advertising solutions and to start offering high quality products for sale to the email list members. After I’ve done these things I’ll write another follow up blog post to share my results, but listed below I’ve put together more details on the income split and history since I first purchased this website.
Total 4 Month Income Graph For CopyCatCrafts.com
Rivit Media Total Income: $881.79
You’ll notice that Rivit Media has dropped a bit from the July and August highs. I’ve been told by my account manager that late Q4 is their best quarter, so I’m expecting November and December to be much higher income. Rivit uses my Adsense code as back fill when they don’t have more premium deals with advertisers so in October they just must not have had many deals with advertisers.
Google Adsense Total Income: $332.39
I didn’t put Adsense onto the website until late July, but in August I put in an additional Adsense unit that was a 468 x 60 unit just beneath the headline of all of the blog posts, this one new unit has contributed to about half of the income. I could be more aggressive and put in a 336 x 280 adsense unit in that location, but there is a fine line between making money and too much advertising hurting the user experience especially when this website is less focused on Google organic search traffic and more reliant on users sharing the website. I will do more testing with Adsense sometime soon.
Vibrant Media In Text Advertising Total Income: $806.53
The in text advertising income from Vibrant Media was more than double what Google Adsense provided! (Are you seeing this Pat, Spencer, Jeremy and Justin / Joe? Time for you guys to try riding more than one pony on your niche sites. Just mention my name when you sign up ;)). Now I should mention that you need to have much higher page view counts to run Vibrant Media and I know that some smaller Adsense earners wouldn’t qualify, but I just wanted to toss a friendly jab out at a few of my friends and fellow bloggers. Now would also be a good time to mention that most of them make a lot more money on Adsense than I do though lol like Spencer for example.
Vibrant Media Display Advertising Total Income: $169.64
This is a new advertising option I just recently added. Basically I noticed a second column for earnings data that appeared one time inside my Vibrant Media dashboard. So I contacted my Vibrant Media rep to find out what it was about and if I could try using it on my website and I was able to test it out on a trial period. I can’t remember how long my trial is supposed to go on for, but in any case this is the little bar you see at the bottom of the page when you go to CopyCatCrafts.com. Again, this is additional income that I was able to generate without doing anything extra except send an email a few months ago to see if I could test it out.
Overall Income Impressions:
Rivit Media was the only income source on the website when I bought CopyCatCrafts.com and as you can see it doesn’t even contribute to half of the overall total income since I took it over. If you see a website is only making money from one income source you can see by this example that it’s entirely possible to buy that website, add in some other income sources and make more money without having to increase traffic. Boo yah!
New Copy Cat Crafts Case Study Updates:
Update: Since I wrote this blog post in October 2011 I’ve done several case study updates that I urge you to read if you want to do well with this internet business model:
Introduction – How To Buy A Website
Part 1 – Two strategies to employ after you acquire a website
Part 2 – How I drastically increased the income
Part 3 – Long term income case study results (You are reading this now)
Part 4 – $4,000 Investment Paid Off
Part 5 – How To Buy Websites And Profit In Less Than 12 Months
Chris,
Really appreciate you being so forthcoming with this info. I’m a neophyte but your figures have me thinking of trying something like this.
Thanks again.
Hey Joe,
I won’t lie and say that I knew what neophyte meant lol I had to wikipedia it hah hah. In any case, yes there are risks here but there are also some great opportunities too lol ๐
Chris
Sweet update, it’s good to see the different advertising methods put into action. With Spencer building an authority site maybe he’ll get enough traffic to qualify for Vibrant and we can see if it effects his strategy going forward~
I’ve been harassing Spencer for a while to apply to Vibrant for some of his bigger sites so we’ll see what he does lol.
Great Update, and it is good to see you already increasing the revenue. I’m looking forward to hearing more about your upcoming coaching opportunity. Hopefully I will be able to join it.
I think that this is a great business model as long as you can find the right web sites at the the right price.
Yes that is part of the battle and in some ways makes it similiar to building niche websites (gotta find the right websites to buy and gotta find the right markets to go into with niche websites)
It is nice to see that there are more ways to monetize your site in such a fashion that they all work together. I have never really tried to do that, but based on your case study here, I will really have to give Vibrant Media and Rivit Media a try. Thanks for taking the time to do this case study for us.
Hey Janice,
Thanks I’m glad you enjoyed it. I will say that Rivit Media is a very niche banner network though. They’re only focused on DIY style websites but if you have a site that fits go for it.
Chris
I would like to sell 44 ready to go sites with clickbank,amazon,shareasale,linkshare products and room for adsense adds,for $20,000
Breastmalignancy.com
Congestiveheartdisease.org
BestSeoTechnique.net
WorldCupSoccershoes.com
Scrapbooking-Digitized.com
Bestpaintingideas.com
Timbercreekcamping.com
FootPainSuffering.com
Ibanezjem.net
HotFlashesandMenopausetips.com
ForexAccuracy.com
CanonWideAngleConverterLens.com
CarGrapicEqualizers.com
BestWallPaperRemovers.com
CandyMakingWithPassion.com
DisneyVacationTrip.com
FallCoatSale.com
AntiquingForProfit.com
3DTVSites.com
ANTIAGINGANTIWRINKLECREAM.NET
APPSDIRECTORYSITE.COM
BEATSHERE.COM
BESTCLIPINHAIREXTENSIONS.NET
GENIEAUTOMATICGARAGEDOOR.COM
HOWTOCREATEANIPHONEAPP.COM
IPADONLINEGAMES.NET
MICROPHONEWITHUSB.COM
NATURALANTIWRINKLE.ORG
PHONEAPPDIRECTORY.NET
PLANSFORTOOLSHEDS.COM
SINGLESONLINEDATINGPERSONAL.COM
VEHICLELIFTSFORWHEELCHAIRS.COM
WEIGHTLOSSTAVATEA.COM
TWITTEREXPERTIN24HRS.COM
WIIUNLOCKERS.COM
HEAVYDUTYOFFICECHAIRS.INFO
CHEAPNEWLAPTOPSSHOP.COM
BLOGGINGFORPASSIVEINCOME.COM
HEAVYDUTYOFFICECHAIRS.INFO
LAPTOPSLEEVES15.COM
PATAGONIABACKPACKS.COM
Erm, “ready to go” sites don’t sell very well IMO. I only like to buy sites that are already getting traffic and have existing income stats etc.
How does vibrant work? I have gone to Copycatcrafts and scrolled over the highlighted words. Does a reader need to actually CLICK on the link for you to get paid or is simply having the reader scroll over and allow the pop up enough to receive payment?
thanks
They have to click, but as you can see from my earnings there are certainly enough people doing that ๐
Hi Chris
Great Job you are doing turning this into a website with an income..I am wondering where you find the time…I would be more interested in how to do all this work. Do you have a VA or staff to help?
I often see great websites for sale and never take the plunge as I am struggling with what I have now..:)
Yes, for this website I don’t really touch much of it at all. I pay someone hourly to help produce the content and manage the website. It cuts into profits a bit, but if I weren’t able to do that I’d never have any time to write blog posts and reply to comments.
Chris-
Great insight. I’m getting ready to launch a website for our business and would love to get some insights to make it successful out of the gate.
Hi Chris
Never thought that there will be another text ads that pay more than Adsense and regarding the graphic I found that your website safe from Google Panda in the last October, care to share your link building method?
Hey Rian,
I bought this site and haven’t done any link building. lol that’s part of the beauty of buying sites is that on occasion you can just buy a site that already has all of the link building done.
Chris
Wow…calling us out, Chris! ๐ hehe
Vibrant Media is definitely going on the list as one of the revenue models to check out. We just wrote a post about our intention to find a conversion/monetization rockstar and have them run a small team of our people, going through the sites and improving earnings, so maybe that will be a great option for him or her when they get started. Thanks, Chris!
Hah hey Justin. Yah lol, I’m all about going beyond Adsense but I suppose I could do a lot more to actually build my Adsense income. I’m so busy chasing other sources I often neglect it ๐
Hmm, Rivit media seem to only accept US advertisers and only allow you to register websites that don’t have dashes in their name. That’s odd, I tried applying for thir program and had to insert the webname without the dashes and put together a fake email phone and Zip Code.
Also couldn’t find any contact email on their page to ask about these problems. That’s a bummer cause I had a crafts site that could work fine with them.
Anyway, I was wondering what do you use to serve rivit and other ads as a backup. Some kind of wordpress plugin I think?
They do the backup through their system. I just supplied them with my adsense code and they put it in.
Btw, i think there’s a problem with your commenting system. Tried posting from FF and it said that I need to enable Javascript in order to post. Works fine in Chrome though…
That warning is by design. It stops spam bots from commenting and saves me time.
Hi Chris –
Truly inspirational to show us how you are making a great amount of money online with a website you bought. Thanks for sharing.
Maybe in the further I plan on buying some websites once I’ve generated some more money from my niche sites. However until that happens I’ll continue to put the money I make off my adsense sites back into them until I have at least 200 of them online.
Yah, I’m a big believer in reinvesting your earnings back into your business both to grow faster and to help make money more quickly as well.
Glad to know, the site you bought is doing so well. It was interesting to read the comments and yes, in case I plan to buy a website I’ll surely keep in mind the additional points I learned from here.
This is the first time I hear of Vibrant Media. So, better then adsense? Why keep them both? And how much traffic do you need to have to qualify for Vibrant Media?
I keep them both because different users click on different ads and generally speaking using two ad networks will always result in more money than just one.
Nice case study Chris.. I have bad experience when buying website. My adsense got banned after I put adsense code on the site I bought.
Hi Chris,
I love finding new ideas on making money and I’ve gotten a few from your post. It’s encouraging that it’s working for you and that we don’t have to rely on just one advertising method to generate income.
I will keep your tips in mind when I decide to explore this opportunity. Thanks for sharing your case study and I wish you success in your coaching program.
Hi Chris – thank you for your sharing of information. I am fascinated by the world of websites, but have no real experience. I can see the enormous potential that you so clearly explain and display in your information, and am continually impressed by your enthusiasm for sharing what you do. I know you also make money from it, but there appears to be more than that motivation. Part of me wants to ditch the job to have time to devote to this solely….but not ready just yet ;-))
great info.il enter to the course. thanks for sharing your knowledge with us
hey, i found your website b/c I’m in the crafting niche and am trying to decide if it’s the right place to be or not. I haven’t been able to make anything on it. A few months after I started I was up to 12000 pageviews and only made about $5 with google ads and got discourage b/c of all the work and no return. I was hoping you could just look at my site really quickly and tell me if I should continue on or do something else.
Thanks,
Brenda
http://www.piggygiggles.com