I am currently working through the "
The Number 1 Way To Make Money Online". I am on Step 4 which is when you start building the site. Overall, I have found the guide to be extremely helpful. It is not simple, but it is extremely comprehensive. If you are looking for a simple way to make money online, you are wasting your time. Adam and Kelvin are laying out a very solid foundation for long-term success and it is consistent with my own personal experience. I have decided to use Wordpress to build my niche sites. You can use either
BANS or Wordpress. If you are a rookie to all of this then I think that BANS is still a good alternative. However, I see some real value in tapping into social networking and web 2.0 technology. Wordpress gives me that opportunity. BANS does not. I think that over the long term, your niche sites will be much more profitable and sustainable. Twitter is an incredible resource for traffic and cannot be ignored. So, when I read this line in Step 4:
"We then "turn off comments" as they play no part in this website."
I was rather shocked, to say the least. I know that Adam and Kelvin have had a lot of success without tapping into web 2.0 but a lot has changed over the past 4-5 years. If you are going to maintain long term success, you need to be in position to adopt this technology if it can increase your revenue. In my experience, this is absolutely vital. My first niche site,
your-guide-to-watches.com, is way too big. If I were following the guidelines of N1WAY, I would have built several watch related websites that focused on smaller sub-niches. Too late to go back and undo that but not too late to learn and adjust.
The two smartest things I did with that site were that I chose to use
Site Build It and I implemented their "Content 2.0" functionality, which has allowed site visitors to add comments and even new pages to the site. This has resulted in an "organic" growth of the site that has been derived purely from the interests of the site visitors. The real proof of whether or not this makes sense is in the numbers. I am not going to share specific figures here but I can tell you that the number of visitors from the same month a year ago has seen a steady increase. I have seen increases of anywhere from 25 to 125% over the same month from the previous year. Even more importantly, I have seen a comparable increase in revenue. I have basically done nothing to this site for over two years other than moderate the new content added by site visitors, which takes me about an hour a month (at the most). This site in now averaging over $400 a month in revenue and it continues to go up, much to my constant amazement.
I really think that with the direction and focus I now have from N1WAY along with the web 2.0 functionality available from Wordpress, I can build out a new niche website about every 2-4 weeks. As a full-time student, this is going to provide me with lots of great choices down the road. What do you think? Do you agree with me that it is important to include web 2.0 technology into your niche websites or do you agree with Adam and Kelvin who say that it "plays no part"? I would love to hear what others have experienced.
Jay