Although my traffic is up to 2,300 visitors/day, you still can’t make money off that. I have no idea how much traffic you need to bring in before you can start making money off ads. Internet advertisers are disgusting pikers, and the offers they make (They dictate terms to you, not vice versa.) are so low it’s laughable. If you try to jack rates up to something reasonable, they say buzz off and pull the ads. Part of the problem is idiots like Craig Newmark of Craigslist, whose brilliant business model consists of giving his product away. He “sells” most of his ads for the incredibly low discount price of $0.00. When Craig yells, “We’re giving it away!” he’s actually serious. It’s hard to compete with a competitor who is selling product for zero dollars. You could always pay your customers to utilize your service or walk away with your product, but that doesn’t sound very profitable. How does Craig make money? He charges $10-25 for ads in Los Angeles, San Francisco and New York. Everything else is five finger discount. He makes enough off that to bring in $20 million/year, which he uses to employ a whole 20 employees. Yet his model has helped to knock back or take out how many daily newspapers and weekly newsmagazines? You can bitch about capitalism all you want, but we live in a capitalist society. If you’re pro-worker, you need to be pro-business to some extent. That is, businesses need to make a profit. When they lose money, all the workers get laid off, and unemployment is not pro-worker. Even when businesses take a hit, they lay off lots of workers and cut back wages and hours on the rest. That means lower incomes for workers, which is anti-worker. I wonder if this giving your product away stuff should even be legal. Should I be able to set up a stand outside the supermarket and give away free fruits and vegetables, just to be an anarchist and spread the love baby? I mean it feels groovy and all, but what about all those unionized checkers and boxers working inside the market? I’m going to give my product away! What kind of business model is that anyway? You can also get syndicated. Yes, I am syndicated. Not to badmouth my wonderful syndicator here, but I’m lucky that ain’t my only source of income. They act like they are doing me this wonderful favor by tossing some pennies my way every month. In a month, they usually pay me something like $20. That adds up to a yearly income of like $250 or so. You probably do way better collecting cans and dumpster diving for chow.
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