Alright, going to draw this journal to a close. Most of the sites from this project are basically done and I'm probably going to swap things up going forward. I'll wrap up how things finished and we'll probably do a new journal for something new.
Wrapping Up
I've made a real push over the last fortnight or so to finish things up.
- Published roughly 40,000 words between the sites.
- Added a new product and a rough funnel to sell it.
- Worked a bunch with inter-linking and got the onsite time to 5+ minutes on several sites.
- Pushed the YouTube channels a little harder. Ads adding a new revenue stream plus the traffic coming in is generating more and more sales on the site.
The last of the content (roughly 200,000 words) is dripping out over the next couple of weeks between the sites and then I'll be able to slow down the publishing schedule.
End Results
Sites like 1 and 2 underperformed. I pushed the scaling too quickly there and the content quality suffered. They convert and will break even down the line or I might just flip them in a while to someone who can fix them up.
The others are profitable and still growing. Going by a pretty modest 25x value the project is well into the green and the cash flow will catch up soon enough.
More than the money, I've learned a lot about building sites and the strategies which seem to work. I'm rolling all the income from these sites into a new project and taking what I've learned so far into that project.
Moving Forward With Lessons Learned
Assuming I don't get completely wiped out by a Google update (how much would that suck right as I finish?) I'm rolling everything from this project into further scaling.
At the end of everything, my current strategy is to push a site to 100(ish) posts and leave it to sit a few months. Ideally with writers who know the niche well enough to provide some real value to the reader.
I compare RPM and traffic vs the cost of content and links and scale the winners from there. If not actively pushing the site, I want to at least be publishing 2-4 articles a month just to keep it active.
For the sites that perform I intend to continue running social media for them. Partly as some proof to Google that it's not an overnight affiliate site and partly because that social traffic does slowly build up.
The rest of my time I'm focusing on either CRO for the sites with underperforming RPM or writing content for a new site. Given the budget from this project, I'll be able to launch at least one decent quality site a month while spending some of the time writing content myself and outsourcing everything else.
Focusing on one site at a time allows me to get it (mostly) finished. Keeping it active with a few posts here is easy enough but dragging out the initial content grind for months on end was a mistake. Motivation to deal with a niche for that long is tough if you don't care about the niche.
I'm going to avoid spreading myself too thin between working on content for multiple sites, settling for bad writers just to get content out and I'm hoping to get more into buying existing and underperforming sites.
Already Scaling
I've made a couple of offers on existing sites and picked up a new one for May. Spent about $2k to buy a site in a niche I'd never have expected. It has beefy links but wasn't chasing the proper money keywords so I'll throw another $2-3k into it while writing some content myself and then move on to the next one.
Thanks to anyone who read, contributed or asked questions. I'm probably going to take a break for a while and finish getting everything finished up here this month. Hopefully, the update doesn't change things too much and we'll maybe start a journal on improving and/or flipping existing sites which will be more interesting to follow.
Cheers folks.