OptionsDude.com since it has been a full three months since I started the site. I am also wanting to document this information so that I can compare the progress with my newest financial blogging site to see where the two will compare. My goal is to have the site pay for itself during the first year of life. After that, I would like to see it grow earnings ever so slightly so that it could be profitable after that.
The cost to set up the site with Weebly was $40 which included the domain and hosting. Weebly takes a 50-50 split on AdSense impressions so that the cost of hosting is actually supplemented by my future earnings. It turns out to be an easy way to start a site which doesn't involve much technical knowledge at all as well as an inexpensive way to get started. It does come with a cost and that is 50% of your earnings. There also seems to be less flexibility from a design standpoint.
I can see where a Weebly website would have a place. I appreciate the opportunity to work on my site and have found that I am mainly blogging about my options trades and adding in a few other blog posts. I have some articles at the site and will add some more content over time. Initially I thought a more static site would be the way to go, but I have found that I prefer the blogging format to a much greater degree.
That being said, I think I still have a decent future with OptionsDude. I have developed a following among several financial bloggers. I think many are interested in the information that I am publishing and the practical experience that I bring. I am also getting search engine traffic which is slowly increasing. I am excited to see what the remainder of the year has in store. I think that I could double my traffic and maybe even see triple the search traffic that I am seeing now.
Increasing the search engine traffic is vital to being able to increase the earnings since social traffic will not click on any of the AdSense ads. That is OK though. I have always believed that overall traffic has some impact upon search engine results and authority.
As for the earnings, I have earned a total of $3.47. That may not sound like a lot, but I anticipate that it will be gradually increasing so that by the end of the year, I would expect to be earning a solid $5 or more per month. I believe that I am truly on pace to earn the $40 I would need by the end of the first 12 months. Added content is indexed fairly quickly. Plus, I plan on adding a couple blog posts per week which should help add to the visibility of the site.
2 weeks ago