There are a few things I want to talk about.
ThemeTree.com
http://www.ThemeTree.com this directory has really taken off I have had a lot of submissions (380) since its launch a week ago so I have been spending a lot of time looking through the submissions and approving them. Money wise the site has paid for itself. I have got a sponsor banner for a year and also had a few featured submissions.
Sites bought
You may remember I mentioned that I bought a few sites the other week. I paid for both sites one sale went through fine the other I have paid the money but the database the guy sent was full of errors. So I had to go through and sort out all the errors which took 2 days solid. When I finally got the database online the site links were all wrong. I am still working on this and it is in joolma, if any of you know joolma let me know.
My predications for the 1st site are that it will take 1.5 years to pay back the cost of buying it. Â I will be put off buying a site again due to the problems I have had with the 2nd one I purchased. I have learned some lessons.
August 13th, 2006
ThemeTee.com the free directory was launched yesterday. It is my first general web directory project. Please add your site for free. So far I have had a load of submissions, it is going well.
August 1st, 2006
I have been doing loads recently; I have sold a ton of crap on ebay, bought two new books on making cash on the internet (I will review in a few weeks) and bought some sites. I have also been migrating all my sites from one server to another, that’s took a lot of time.I have also been trying to sell a site of mine www.fcforums.com and also a domain name www.themetree.com, if you want to buy them email me at adam@goaheadweb.co.uk .Â
I have bought two sites although I am waiting for the transactions to go through before I will talk about them. I have bought a few more domain names for future projects. I will be starting work on a new project soon, I will keep you updated.
July 26th, 2006
Well, I didn’t really want to write about this but I thought I might as well to help others avoid the same mistakes I did.
About a year ago I set up an online shop to sell wedding and hen night products. I built the site with oscommerce, bought some stock and promoted the site. I just couldn’t make very many sales (I made about 1 a month), so I decided to scrap it.
Here is why I think it failed
1. When I bought my stock I decided to buy only about 30 different items. I didn’t want to risk putting a lot of money into a new venture, I wanted to test the market to see if the products would sell. This had the negative of the shop looking small therefore losing confidence with my potential customers.
2. Low profit margin products – most products had a low value of between £2-£10. To make a decent profit would have meant selling a lot of items. I should have stocked some more expensive items such as jewellery.
3. Only accepting the paypal payment method. A lot of people don’t have a paypal account like my granddad for example. Those with PayPal use ebay quite heavily to buy goods.
June 12th, 2006
I just found out about this site called adbrite.com, it’s a way for advertising sellers and buyers to meet up and do deals. It’s different from adsense in the way that you can sell per period of time for a link rather than by how many clicks. I might give it a go, although I am unsure on where I stand if I have both adsense and adbrite on the same site. I searched the forums and there are a lot of yes and no answers. Click the banner below to visit adbrites website.
May 25th, 2006
