The Strategy Behind The AdSense Project

In this post I want to talk about residual income streams and discuss where AdSense fits into that and also explain the exact strategy that I intend to use to actually build these websites.
The Ultimate Goal is Residual Income
Residual income is an income stream that continues to flow even when work is no longer being done on the source of the revenue stream. If you have a website that earns money without you having to continue to work on the site, that income is said to be residual. The exact opposite of a residual income stream is a day job. You work, you get paid, you quit, you don’t get paid.
Semi-Residual Income Streams
Building a truly residual income stream is difficult because most entities (whether its an offline business, an online one, a website or whatever) will slowly decline if they are totally neglected. There is usually some kind of on-going maintenance to do. However if you can setup systems and outsource that maintenance (Tim Ferris is the master of this) then you can continue to earn that residual income stream whilst doing very little work.
So far I have created some semi-residual income streams. This blog promotes my WordPress ebook, my Traffic Rush course and my weekly course about building a new blog and there are various affiliate programs promoted within some of the blog posts. As long as this blog gets traffic, those income streams will generate some revenue. If the traffic stops, the income stops. Some sales from earlier Traffic Rush signups could occur but of course there would be no more signups.
The Role of Traffic
It’s all about traffic. No traffic = no revenue. There are many sources of traffic and I want to discuss three of them:
- Pay Per Click (PPC)
- Organic Search Traffic
- Social Traffic from Web 2.0
Pay Per Click
My first Internet business was built almost entirely from PPC traffic but this was back in 2002 when I could buy thousands of keywords at $0.01 per click (or less!) PPC gives you instant traffic but it costs money and these days it costs a lot of money. That’s not a problem if you know your site visitors are worth $0.50 each and you can buy traffic for $0.15 a click but for sites monetised with AdSense we look for high paying and thus high costing keywords so PPC, at least Google PPC, is not an option.
Organic Search Traffic
When you go to a search engine and type a query you’ll get some sponsored listings which are the PPC ads and the rest are known as ‘organic’ listings. This traffic is free and this is the traffic I will be going after with AdSense. However, there is a downside of course - it takes time to get a site ranked high enough for the search terms you are targetting so this method is not fast. Most people who are starting out to make some income online are doing so because they don’t have enough money so this makes an excellent starting point.
Social Traffic
This is the newcomer in town and I hadn’t even heard of it in 2002. Over the last year I have become familiar with quite a few of these social sites and in particular Twitter and StumbleUpon. These are great if you as a person represent the website you are promoting which is the case for me with my two blogs but that is most definately NOT the case for my niche sites.
Social traffic requires on you having a personality, it requires you to deeply understand the audience of the social sites and the kind of content they like and it also takes time to build a profile and contribute to the social communities you are participating in. On the upside, web 2.0 can bring a lot of traffic. I’ve experienced the effects of Stumble & Delicious for example but the downside is that this is short lived - a few months at the very most and usually the peak lasts just a few days. f you don’t maintain your social profiles then your traffic will dry up extremely quickly and because of the sheer amount of time it takes, this is not at all suitable for a residual income.
The Traffic Strategy For My AdSense Sites
As I’m sure you’ve guessed my goal is to build websites monetised with AdSense and then attempt to drive organic traffic to them. There are two factors for getting organic traffic - on page SEO and off page SEO which is link building. All of this SEO work is focused around a specific keyword phrase. What I notice most people doing is building a single website for a niche and then trying to get that site to rank for a whole bunch of keywords related to the niche.
A few months ago I started reading Courtney Tuttle’s work on Keyword Sniping and this really interested me. The theory behind keyword sniping is to build a whole website (albeit a small one) around a single keyword rather than trying to rank for lots of keywords with that site.
There’s a downside - if you use brand new domains each individual site is likely to take a long time to really get ranked and thus get traffic. If you started just a single site in your niche that one site would be getting all the attention, all the content, all the backlinks and so it is likely to be seen as an authority site much quicker than these little keyword sniping sites.
So why keyword sniping? Quite simply for safety. I don’t like to have all my eggs in one basket as the saying goes. No matter how good your market & keyword research (I’ll be discussing this in detail in a future post) its still an estimate and I would hate to pour months of work into a single website and have it be a dud. At least if I build a handful of sites in that time even if some are no good, hopefully one or two will work. Plus, with multiple sites you can create links between them.
Lastly, I trust Court! Interestingly, he had just introduced a paid course called The Keyword Sniper but this is not cheap - $997! I’m still deciding whether or not I am going to join it. He’s already given away a heck of a lot of free info on his blog which is what I am working from. If I do decide to buy it I’ll do a review but that won’t be particularly useful because with this kind of course, the only proof that anybody wants is cold hard cash - how much money it allows you to make! We shall see!
The Keyword Sniping Strategy Broken Down
The steps seem to be quite simple:
- Identify good keyword phrase to target
- Register domain with keyword in url if possible
- Install WordPress and tweak it SEO wise
- Use a good SEO theme with no dates
- Build around 10 pages of content
- Build backlinks to the site (*important)
- Periodically create new content to keep rankings
That’s it! The reason to use a WordPress theme without dates is to prevent the site from looking like an out of date blog. The idea is to create a small information site with a few articles about the topic. To make the site useful the articles should be timeless and not news-based so it doesn’t matter when people visit, even if it’s a year or two down the line. Backlinks are crucial and much of this project will be based on obtaining them.
Multiple Sites & Multiple Niches
Initially I started with just two sites in a single niche. However, whilst doing the keyword research I identified many other keywords that would be suitable so I want to build sites around those too.
Also, a couple of weeks ago I just happened to stumble upon a different niche that had much higher AdSense click values so I have decided to work that niche too. My initial strategy was going to build one site to completion before moving onto the next but I soon changed my mind about that because it does not look natural to Google for a site to get a whole bunch of content and links in a week and then just stop dead. Therefore I will work on three sites at once and rotate which one I work on so every time I create a peice of content it’s for a different site.
Once a site has 10 content articles I then start the link building. I won’t work on more than 3 sites at once otherwise I’ll be spreading myself too thinly and it will take far too long to get a site done.
Coming Up In the Project
Over the next few weeks I have posts scheduled which will cover:
- Parking domains for later - why & how
- Keyword & market research
- Competition research
- Organising your niche sites into topic clusters
- Automatic content generation tools
- Content research techniques
- Many backlink strategies
Stay tuned :-)
Oh just a last note… Before writing this post I did a Google search to see if other people were doing Keyword Sniping and blogging about it. I found lots of bloggers who announced that they were starting it but so far, none that I found are still doing it now or if they are, they are no longer blogging about it. Interesting! My suspicion is that this strategy is a long-term one, a strategy that will take many months to produce a good income so I suspect that many of those people either give up or ran out of stuff to blog about. Neither of those apply to me :D
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Blogging Millionaire
September 5, 2008
Sounds interesting. I was hoping you would write a post like this.