Why I run multiple websites rather than just one.
1) I have spare server capacity which means that whenever I feel like starting a new website all I need is a domain name. At a few bucks per year there is nothing to worry about financially.
2) It is much easier to get your website to generate you $5/day than $50/day. You can then repeat the process 10 times and end up earning $50 relatively easy.
3) A lot of websites does not always mean a lot of work. I have a network of automated blogs that generate their own content automatically and even bookmark themselves in various social bookmarking sites. I also have 3 directories that I have not touched for around 2 years. Despite the lack of attention they still generate me a few dollars every week.
4) I don’t like putting too many eggs in one basket. I like to have many revenue streams as well as sources of traffic. If something goes horribly wrong I should be able to minimize the damage.
5) Search engines like mature domains. Therefore you website should naturally go up in value as it gets older. Throw in a few easy backlinks and 3 or so months later you will have PR. One hour of work and after a bit of waiting you can sell your unwanted site for at least 10 times the cost of original domain.
6) I get bored easily. During my working day I like to switch from one task to another. Working on a few projects at a time actually keeps me productive.
7) Websites with a revenue history go up in value. If your websites generates you $50/month for half a year you should be able to sell it for 12 x monthly revenue = $600. Therefore I have a whole bunch of these little money earners who I can always sell on.
8 ) I can manipulate traffic by redirecting it from a number of websites to a certain landing page or to kick start a new project. The same can be done with backlinks even though you might want to be careful interlinking your websites. Don’t make it look like a link farm.
June 20th, 2008 at 7:44 pm
Thanks… this helps confirm my multiple sites…. though i already have a full time job, it is hard to balance my time between my sites… but yah, thanks!
June 21st, 2008 at 4:36 am
Yeah… great if you get small revenue streams from many sites than concentrating on “big income” in just one.
If I have the luxury of time to blog. I will consider taking good web hosts and making up multiple sites.
June 26th, 2008 at 9:33 pm
So, what are you using to automate your blogs?
June 27th, 2008 at 11:15 pm
I keep my websites seperated by niche or category. If the website I have already fits then I just add a new page to the existing site. If its a new niche I buy a new domain and start a new website.
June 30th, 2008 at 5:13 pm
I’m a little curious about the automated blog and social submitting stuff as well…
Jay
July 1st, 2008 at 8:21 am
Plus you never know which one of these small ones might turn into a proper gem that could just prove to be very successful!
July 4th, 2008 at 8:50 pm
I’ve enjoyed reading all your link building posts.
July 11th, 2008 at 8:26 am
Great list and advice. Numbers 2 and 4 alone is reason for enough for me, and we’ve got something in common on number 6. lol.
Cheers!
Jay
July 11th, 2008 at 9:58 am
I definitely agree with having multiple sites. Too many are looking for that “mega site” and put all their focus on it.
I think you should have a few “main” sites, and then a bunch of low maintenance niche sites to balance things out.
Multiple small income sites adds up to a larger bottom line than a few mid level earnings sites. Plus, like you said, if something happens you have plenty others to work with, whereas if you only have one or two…then you will be hurt pretty bad if something happens to them.
July 21st, 2008 at 7:31 am
You and me got kind of the same personality. I am learning all this stuff but it gets old to wait on a site to get better and time makes them go up. Thanks for the encuragement!