DAY 60 -Another milestone!
Finally some progress to report in the STEP building!
Update: Tuesday, 19-Apr-2005 5:18 AM
The progress is miniscule and does not even make up one set of growth in the STEP BUILDING, but, I'll report it anyway as I have been stagnent in the step building for a very long time.
Well, it's not all that bad, as I make it sound. It's actually a SPARK in the DARK!
In fact, since I cleaned my home and collected all the coins in the first week of the P31-STEP Success Plan project, I have not budged in the SPEP building.
So, why all the cheer?
It's because I see that Google's AD Sense program will come thru and resolve one of the major problems that I have had. And that is a low-end cash generating method.
It seems that all those ads that are now appearing along side my commentary is beginning to pay off.
As I see it I am getting about $0.25 in revenue for every 1000 page displays of the ads. So, then here is my mathematical analysis and perhaps, my projections of what can happen as the pages keep building at the site.
| Visitors | Page Views | Revenue/Projected* Revenue |
| 10 | 50 | $0.00 |
| 100 | 500 | $0.25 |
| 1,000 | 5,000 | $2.50* |
| 10,000 | 50,000 | $25.00* |
| 25,000 | 125,000 | $62.50* |
| 50,000 | 250,000 | $125.00* |
| 100,000 | 500,000 | $250.00* |
| 1M | 5M | $2500.00* |
I don't think the last item will actually occur, and for that matter, perhaps, the one before the last will not either, but I have put them in to have a bench mark to see how it's growing.
By the way, these are projections based on a daily visitor count. I suppose they could just happen monthly as well.
I suppose I could also say that I hope and will work to make the above a daily visitor count. However, it could also be a weekly, or monthly or even annually. I certainly hope it is NOT the latter.
Anyway, I have not taken into account the traffic acceleration from the adding of pages daily. This will accelerate as more and more search engines rank the site. With more and more content, there are also more page views. My last point is that with more content there are more page views, with more page view there is more relavant ads being displayed target to the topic at hand. Therefore, I expect the click thru rate to improve as well.
Please note now that I will NOT discuss the click thru rate because Google guidelines as that not be displayed. Well, I'll just go a step further and not even talk about it.
Now my first step is to make sure that I get $0.25 per day in revenue for about 31 days straight.
Then I will focus on building to 31 days straight with a daily revenue of $2.50 and so on 'til I get to a point where I am satisfied with the daily revenue.
IF you pressed me and asked where I would like to be -- a goal, then I'd say at 10,000 visitors per day and $25.00 dollars per day in revenue. That would be my goal.
Then what would make me very happy, IF/when I got there? Perhaps, 50,000 visitors per day and $125.00 dollars per day in revenue.
At my current rate of writing, updates and research, I think that would take about 2 years from today.
I suppose a lot of steps would be covered, but there is a problem.
My objective is to use the stockmarket to build a lot of the latter steps. Well, it's hard to do that in a bear market. I'd need a bull market. And think such a market will begin after things settle down later in the year.
I just went back to the graph and highlighted the range that I think I can achieve. Then I made bold what I believe my target is. That is my goal.
REM: Without a goal how can you score? Indeed. I must strain, I must plan and most important of all, I must execute to reach my goal!
Join me. 'Til next time. Sam out.
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