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Beginners Guide to Building Niche Sites – BANS

5 May 2008 8 Comments

I watch bloggers everywhere struggle to make money online. It’s admirable, entertaining and yet sad all wrapped up into one. I say this because they are almost all following the exact same play book. You can’t blame them, if you listen to the “experts” then they will tell you how easy it is to make money blogging.

The Truth

The truth is that it isn’t that easy to make money blogging and the chances of you striking it rich are about the same as getting hit by lightning. That isn’t good, but if you want to make money online then have an open mind, there are LOTS of ways to make money online.

I enjoy blogging but the reality for me is that it takes far too much time. That’s the decision that I have made for me and my situation. I would much rather build a niche site, get it SEO’d and indexed, bring some traffic and collect the money.

It takes a lot of work on the front end to build niche sites but once they are built and indexed and drawing traffic, they are a passive income source. I can be playing golf or riding my Harley while they make money, which is far more appealing to me than having to write and promote content incessantly.

I want to blog because I enjoy it, not because I depend on it for income.

The Stats

Let’s do some basic math to see what is possible here with a few niche sites. If you build a niche site that conservatively brings in a dollar a day. Not a difficult feat to accomplish at all using the various monetization sources available.

$1 dollar a day is obviously $365 dollars a year. This is certainly not that impressive, but let’s say we have 10 sites…..$3650 dollars a year is pretty impressive…..now let’s jack that number up to 100 sites……now you are talking $36,500 dollars a year.

This is getting into the area where it will catch your attention. If you figure hosting fees and domain fees in there then you have approximately $1000 dollars in expenses. Still very good. Let’s really get crazy and let’s say your sites bring in $5 dollars per day on average.

Does that match have your attention? It should because it’s $182k dollars a year! How is your blog doing?

The Reality

I hear the skeptics right now, making every excuse in the world. The basic question would be is $5 dollars a day feasible? Absolutely yes it is. If you research and identify the right niches then you could find some that will produce $50 dollars per day, while others might produce $0.

The trick is to shoot for an average return of $1 at first and then build from there. A basic Adsense site with some sort of traffic should be able to easily turn out $1 dollar a day with very little trouble.

Don’t let me mislead you regarding the amount of effort involved because this isn’t easy. You can’t just throw up some junky site and hope for the best. It’s a LOT of work on the front end, but every time you have another completed site, it’s there for good.

It becomes an automated money machine if you did your homework.

The Tools

There are a number of tools out there than can make your niche site building considerably easy. One affiliate program that I have been doing pretty well with lately is the Ebay Affiliate Network. You can earn a percentage of any Ebay sale you send to their site as well as $25 dollars when a new user signs up and buys something via your referral.

At $25 dollars a pop, you can see new Ebay users are a very attractive proposition.

If you aren’t clear how to set up a niche site then the easiest way to build one is using Bans or Build a Niche Store software. This program makes it so easy to get started and get a basic site up and built. You can see a number of customer sites at the link to show you what is possible using BANS.

There are a number of other site building programs available but this is easily one of the best, especially for those who don’t really know how to program or are getting started.

I will be writing more on this software and other tools I am using to build my empire. I am up to 11 BANS sites total with a number of domains purchased to continue. My goal is to build 100 of these within a years time and to do that I have started automating some of my niche site building.

Conclusion

I’ll write more on some of these other tools later though. For this article, if you aren’t familiar with BANS then check them out and see what you think.

If you are considering becoming a niche site guru then BANS would make a great addition to your arsenal. Any BANS users in the house?

8 Comments »

  • Richard Pcbooboo said:

    That was some good info. I think everybody should know what they are getting themselves into and set up realistic expectations. Then it’s just a matter of sticking to it.

    Richard Pcbooboos last blog post..If at First you Don’t Succeed. The 15 Biggest Mistakes New Websites Make.

  • Web Success Diva said:

    An absolutely brilliant post! You’re definitely speaking the blogging gospel and a hard reality that some do not want to grasp. There are so many with unreasonable expectations.

    Great list too.

    Thanks!
    Maria Reyes-McDavis

  • John said:

    thats a good read, but I have to ask you – how on earth are you suppose to keep content fresh on 100+ sites, when there is hardly any time to dig into a single blog??

    It doesnt mean much to me, to have 100+ sites and just leave it there, because some one else will come along and push that site down in the ranks by using a more competitive keyword, so while your hard out buildig more site, how many others previsouly built sites slips with out notice??

    I can see you point, but to keep an eye on the previouly built sites is way to much work.
    there are hundreds fo blog making money, mine is one of them, putting time into blogs or any other site takes time regardless.

    the one thing I dont claim is that I’m a pro at blogging – nor would I ever tell anyone that they should do it my way because I made $4200 dollars in 2.5 weeks last month.

    This is something I see all the time, if we listened to the so called experts then all the blogs out there would be the same.

    You have a neat idea and I have seen this type of thing making its way into my inbox, as always it all comes at a cost. no thanks,!! the only ppl I see getting rich are the very ones telling us what we should do.

    Keep up the good work dude,

    all the best for future business

  • Bill said:

    @John – Good question but static websites are much different than blogs in that your traffic isn’t recreational traffic. You rely on search engines to bring the customers, not fresh content.

    It’s also a common misconception that you need fresh content to rank well…..what you really need are links. Links are the answer in the current Google algorithm so as long as you have a decent amount of content then what you really need to continuously do is build links. That’s easy.

    Also you can get content written for you on Digital Point for almost nothing. I have some guy in India writing for me now that produces 500 word articles for 5 dollars. They are really pretty good, he is a decent writer and they always pass Copyscape.

    It’s a LOT of work on the front end and we’ll see how passsive it is on the backend but my best niche right now is a site that I put up about 2 years ago. I hardly touch the thing and it produces well.

  • Felex Tan said:

    Just wondering ,will BANS saturates one day since so many ppl are joining?If we can invest 100 sites ,definitely is good in return.

    Felex Tans last blog post..Advertise your blog with Free Classified Ads

  • John said:

    Hi Bill,

    first of, thank you for your reply to my post, and yes you do have some valid points, I can only wish you the best for future business, you have a neat idea and obviously it works for you.

    You also have a stable foundation with you what you do , this can and will go along way for anyone if they as you say “put in the hard yards”

    Thanks again,
    Take care

    John.

  • Gino J said:

    I’ve done some research about this strategy and will try this out in the future. I think, most important part is to produce timeless content. Such as self motivation, inspiration or sth similar.

  • Online Marketing Savvy Saturday Links with Web Success Diva said:

    [...] of the best blog post I’ve read in a while, The Blog Entrepreneur breaks down the reality of making money blogging and making money online. It is a harsh reality, but I’m a firm believer in making sure people get the reality, so [...]

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