Welcome to aaron chua make money blog

Hi, welcome to my blog. In this part of my world, I talked about how to achieve financial freedom by learning how to make money online through creating sites and earning from them.

Below are some current and past make money projects that details my learning journey.

My current experiment in making 50 amazon site niches. If you have not been following this challenge, best place to start is this resource page for the amazon challenge, that lists all the articles that I have written so far.

My experiment in making 1000 a month through adsense in 9 months.

If you came here looking for low cost startup ideas, here are 140 startup ideas that you can browse through.


Thursday, 24 November 2011

One or many sites to make money?

After posting about the 50 amazon site challenges, I had a few private conversions about whether do you need one or many websites to make money. Rather than highlight the pros and cons of each methods, which many had already talked, I just want to say you will need to do both. It is just a matter of timing in terms of which one do you embark on first.


I believe that focusing everything on one site will make the site a quality site. However, the challenge is knowing what niches to focus on. Some will say follow your passion, which is a good advice but you better have a concrete plan on how to monetise your passion beyond just adsense, which tend not to pay well for 'passion sites'. The thing about passion sites is that they are also competitive because most of our interest are the same and there is oversupply of information in such markets. On any single day, there will be more sites about video games than can openers.

So, beyond passion sites, you can have niche sites that target markets which are not based on any broad interest. In these markets, you need to know what product converts well and is easy for a beginner to dominate. This is when the many site strategy becomes useful.

No data in the world can 100% tell you how easy and profitable a niche is. Most often than not, the best niches I am in are 'accidentally'. They are found through the analytics on my sites and hence are not competitive but are lucrative. To maximise my chance of finding these niches at the early stage of my online career, I started many sites, and creating lots of longtail keywords in each site. You will be surprised at the ways that people can find your site if you have a broad enough keyword base.

It is only after you have found such a niche then you can focus on your efforts to make it a super authority site that can draw in thousands of visitors per day and earn you a full time income. If you want to create such a site when you are new to making money online, the chances of picking a wrong is going to be sky high, which is why I don't recommend such a strategy to beginners.

If you are new to making money online, I suggest create a couple of small sites in niches to test their conversion and your SEO ability. You can also create a boarder site when you find your golden goose.


3 comments:

focus said...

It helps me a lot in your blogs. Just want to ask.

1. How many niche site you have
aaron?
2. In all of your site, how many niche site is earning you a lot?

Thank you.

aaronchua said...

Hey there

Before the amazon challenge, I have over 100 niche sites. Out of these, I only monetized about 10. The rest is there to aged so that I can work on them when they are ready. One of the amazon site that I used for the challenge comes this pool of aged but not monetised sites.

Out of the 10 sites, 4 are making over 1k and the rest is beteen 100-400. All from adsense.

I also have a couple of authority sites that are monetised differently from adsense and amazon.

Cheers!

Kevin Johnson said...

Very good points. It makes sense to create multiple product niche mini-sites to sort out the winners.

It would be very strong combination to have Adsense/Amazon sites.