When will you give up a niche website?

[Rui]

Hey guys,
We have heard too many success stories here, but no one has told us about the failure before success. I think everyone has a failed experience. For a blog or a niche site, when will you give up it? 90-days with no traffic or anything else?

 

[Jobdollarr]

If you have 3 months without traffic.
There is a wrong way to promote your service.

You can buy SEO tools to accelerate getting traffic.
You need to learn a lot

 

[Grayback]

Unless I don't like doing that niche anymore or have other priority, I don't think I'll ever give up a site.
Even if there's no traffic yet, the content, links and authority you've built so far will always be valuable. Keep building the site's authority and it will rank eventually (assuming you do it correctly).

 

[GreenGrass2019]

If you have 3 months without traffic.
There is a wrong way to promote your service.

You can buy SEO tools to accelerate getting traffic.
You need to learn a lot

Do you mean keyword tools?

I gave up mine after a two years and three months, already regretting it because I get more rpm from adsense using wordpress than using a blogspot site(the one I gave up).
Thinking about the consistent views I would get is just bumming me sometimes. Now I have to wait again until I can get any significant ranking.

It was just bad timing I guess I didn't have many money saved left to pay for the domain and coincidentally I was broke during that time.

 

[Anders3]

If you did good in math in school you know it's a certainty you will fail more than you will succeed and that each failure increase the probability of success

According to studies around 90% of all ecommerce sites earn less than $1000 a year which means the probability of failure if you try once is more than 9/10.

The good news is though that independent events are multiplied in probability theory which means the probability of failure decreases for each try (i.e. probability of success increase for each try).

Let's say you try to start a successful ecommerce website but fail 3 times in a row for different reasons.

If you try again a forth time your probability of failure has decreased to 81% which means the probability of success has increased to 19%.

The summary is that it's, more or less, a mathematical certainty that you sooner or later will succeed if you just continue trying and learn from your mistakes.

 

[Dreams411]

If you did good in math in school you know it's a certainty you will fail more than you will succeed and that each failure increase the probability of success

According to studies around 90% of all ecommerce sites earn less than $1000 a year which means the probability of failure if you try once is more than 9/10.

The good news is though that independent events are multiplied in probability theory which means the probability of failure decreases for each try (i.e. probability of success increase for each try).

Let's say you try to start a successful ecommerce website but fail 3 times in a row for different reasons.

If you try again a forth time your probability of failure has decreased to 81% which means the probability of success has increased to 19%.

The summary is that it's, more or less, a mathematical certainty that you sooner or later will succeed if you just continue trying and learn from your mistakes.

You've said it all.

 

[Rui]

If you did good in math in school you know it's a certainty you will fail more than you will succeed and that each failure increase the probability of success

According to studies around 90% of all ecommerce sites earn less than $1000 a year which means the probability of failure if you try once is more than 9/10.

The good news is though that independent events are multiplied in probability theory which means the probability of failure decreases for each try (i.e. probability of success increase for each try).

Let's say you try to start a successful ecommerce website but fail 3 times in a row for different reasons.

If you try again a forth time your probability of failure has decreased to 81% which means the probability of success has increased to 19%.

The summary is that it's, more or less, a mathematical certainty that you sooner or later will succeed if you just continue trying and learn from your mistakes.

Sure.
But I think everyone has a different definition of failure. Just like buying stocks, we need to have a line to stop loss.

 

[IG Growth]

Sometimes I would say that I fail in some things that I propose because I do not concentrate. I have a lot to learn :C

 

[Ryan Oak]

When I started my first affiliate website I got my first sale after 3 months and then no sales for the next 3. I didn't give up, I added more content, etc work on the website and then after one year, it generated around $100 per month. So I believe depends on you how much you are willing to work and then wait. My goal is to never give up even if you don't see results right away.

 

[HustleTong]

I'm just concerned about traffic than niche. If I can't harness organic flow to the site, I quit

 

[Anders3]

Sure.
But I think everyone has a different definition of failure. Just like buying stocks, we need to have a line to stop loss.

The definition of failure in business is "non-profitable".

You have to find out if a product is profitable BEFORE you invest money in creating a website. Usually, people set up a simple landing page with an "Order Now"-button and spend like $10-20 on ads on Google or Facebook (or buy a shoutout on Instagram) and simply check how many click the button. If enough people click the button and your expenses on ads are smaller than your potential margin the product is profitable and you can continue creating a website etc. If you have an affiliate website the process is a little different, and in some cases, easier.

 

[jackteam]

Hey guys,
We have heard too many success stories here, but no one has told us about the failure before success. I think everyone has a failed experience. For a blog or a niche site, when will you give up it? 90-days with no traffic or anything else?

There is one powerful method to get traffic, that is social media.

Be clear and dedicated on what you did and going to do.

Let me clear why people giving up.
1. Using competitive keywords
2. Improper page design with related images
3. No social media engagement
4. Low investment on seo
5. Low quality content


This is like starting small business, so need to invest and work hard initially.

 

[raregem009]

If you did good in math in school you know it's a certainty you will fail more than you will succeed and that each failure increase the probability of success

According to studies around 90% of all ecommerce sites earn less than $1000 a year which means the probability of failure if you try once is more than 9/10.

The good news is though that independent events are multiplied in probability theory which means the probability of failure decreases for each try (i.e. probability of success increase for each try).

Let's say you try to start a successful ecommerce website but fail 3 times in a row for different reasons.

If you try again a forth time your probability of failure has decreased to 81% which means the probability of success has increased to 19%.

The summary is that it's, more or less, a mathematical certainty that you sooner or later will succeed if you just continue trying and learn from your mistakes.

Did you study statistics/mathematics in university? I like your comment

 

[Holzr]

SEO is not a get rich quick scheme, niche sites are hard work. You need time, budget, plan and experience. You're screwed though if you pick the wrong niche because you'll be fighting a losing battle. If you want to rank quickly with easy keywords, then look into the keyword golden ratio. One site I started this year is in a seasonal niche started in Jan/Feb. Rankings where meh and progress was slow but July has been a great month and rankings continue to rocket. You need to have patience.

Secondly, with niche sites, you need to pump out content like your life depends on it if you really want to grow traffic and $. There is no other way.

I like this bit of advice from Kevin O'Leary:

According to O’Leary, “There’s a simple rule to determine when it’s time to shut your startup: three years.”

“If you can’t make money after 36 months, and there’s no path to making money, it was a hobby, not a business. You have to take it behind the barn and shoot it,” he says.

Source

 

[GreenGrass2019]

SEO is not a get rich quick scheme, niche sites are hard work. You need time, budget, plan and experience. You're screwed though if you pick the wrong niche because you'll be fighting a losing battle. If you want to rank quickly with easy keywords, then look into the keyword golden ratio. One site I started this year is in a seasonal niche started in Jan/Feb. Rankings where meh and progress was slow but July has been a great month and rankings continue to rocket. You need to have patience.

Secondly, with niche sites, you need to pump out content like your life depends on it if you really want to grow traffic and $. There is no other way.

I like this bit of advice from Kevin O'Leary:



Source

I have to disagree with this. I've seen 4 year-old websites just leaving their content there and not updating anything and still ranks #1. I guess it depends which niche you go into.

 

[iki]

SEO is just getting harder but nothing changed too much in terms of how you do it. Now you have more competition and sites with $xxx.xxx budget for content, link building and smaller sites not have high chance. Maybe you can rank low competition keywords and be happy until someone else discover them too. So i think if you are serious about your niche and want to build business on it some authority site and not only looking to make some fast bucks for college, be ready to wait anything from 8 months and longer to start earning. Then it depends on your traffic source if its paid ads you can know pretty fast if its converting or no. Before you start anything carefully research what you want to do and make all plans so you don’t give up fast and results will come.

 

[TheVigilante]

I have to disagree with this. I've seen 4 year-old websites just leaving their content there and not updating anything and still ranks #1. I guess it depends which niche you go into.

Chances are there is little to no competition to those sites then

 

[sk9seoers]

build more backlinks, it takes time and your keywords rankings can get better, more backlinks and quality content

and it takes more time to rank for competitive keywords

 

[GreenGrass2019]

Chances are there is little to no competition to those sites then

yes I guess this would explain a lot.

 

[MicroLeaf]

When I was doing niche sites myself, if I didn't see results within the first 8 months, I'd put it on the backburner while another project takes over.
Now though, I outsource everything so I keep things going even longer without quitting but have a certain amount of money to spend before calling it quits.