How Much Money Will Your Website Make in the First Week?
Tuesday, March 30th, 2010You will be tempted to start making money with your website on day 1. Without a crystal ball, I can predict exactly how much money you are going to make on day 1 – $0.00.
Actually I can take it a little further and predict how much money you are going to make the first week your website is live – $0.00.
After a week it starts to get a little more difficult to make accurate predictions. I can not predict the exact number but I can guess a ballpark figure – between $0 and 50 cents. And that is only if you have some kind of advertising on your site. If, on the other hand, you are doing affiliate sales then I can be very accurate – $0.
Even though it is very luring to try to make money from your website the first day it goes live, there is not point to it. This is because for at least the first few months you will have no traffic. Sure a few visitors might come wondering in, but the chances they will click an advertising link are low and that they will buy a product from you are none.
Before you try to make money from your website make sure you have the following:
- Traffic – If there is nobody at your website then there is nobody to click the ads or buy the products.
- Trust – People tend to buy from websites they trust. Amazon does well because it has been around for a long time. Your website just popped up. Nobody has heard of it before so there is no trust. Only after a few months will you gather a presence on the internet and only then will people begin to trust you enough to buy.
- A Good Shopping Experience – Grand openings are great for electronics stores but they are not good for websites. Website are more like restaurants. The opening days at restaurants are disasters. The cook is late, you do not have enough chairs, the light does not work on table 3. Give your website time to make sure everything is right before you begin to invite people to buy your food.
When should you start making money from your website? You could start the first day your website goes live, but if you want to make money it is better to wait.
I made 0 dollars the first week my website went live. But now, a year later, I am making money. Visit my website to learn how this website makes money to see how much money you can really make with a website. The website is more then a year old and proves with charts and real data that making money is possible but not easy.
