Here are some top-level points:

* Adult is generally harder than mainstream because of the incredible amount of free adult content available
* Niche, niche, niche! That's the mantra for adult. The more niched you are, the better your conversions are
* Find the audience -- that's of course the other side of the niche issue. If you have a super-narrow niche and no audience then you're not going to make conversions
* Extract all the possible value -- if your traffic does not convert for your niche, exchange it with someone else, so that you get fresh prospects and extract some value out of the traffic you originally had. You can extract *something* of value out of every surfer, just think outside the box.

There's a whole gamut of different ways to do adult. For people in the USA, some of these are less attractive than for people outside the USA -- mostly because of the restrictions on skin content in the USA are very severe (under the guise of preventing child porn, but really to make it more difficult to produce content). The most common monetization mechanisms for US people are:

* Link list -- you provide links to free hosted galleries provided by sponsors and affiliate with the sponsors
* TGP, MGP -- essentially a link list with picture
* Blog -- very profitable, write a tease and put a nice pic that doesn't require documentation, and affiliate with sponsors as above
* Review site -- also very profitable, write reviews of adult sites and send surfers to the site tours, affiliate with sponsors
* Merchandise -- adult toys, videos, magazines, etc etc etc.

Hope this helps to get started.

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