When I was young, my parents subscribed me to a magazine called “Highlights”. On the cover each month they would have a challenge for the kids that challenged them to find “What is wrong with this picture?” Tonight, I am providing a similar example…what is wrong or missing from this picture?

Of course the obvious thing missing from this picture is an audience, traffic or people for this advertisement.
Have you noticed (if you are a serial website developer like myself) that the first thing you do after setting up a new website is to look for ways to monetize before actually developing any traffic or content?
I found myself recently spending quite a bit of time on shareasale and clickbank looking for potential partners for a new blog that had zero content and zero traffic. What a waste of time (and money) That is just about as effective and pointless as the billboard above.
Lesson: Focus your development efforts on quality content which provides quality traffic. Once those two fundamentals are in place, then you can spend time looking for ways to monetize on that traffic.
4 Responses
adrian lee
September 15th, 2008 at 1:57 am
1I agree. Traffic should come before you monetize. Had I realized that I could have saved a few hundred bucks. Oh, well.
Sucker
September 17th, 2008 at 8:08 am
2I totally disagree. If you’re planning to make money, you need a business plan before you do anything. And part of that plan should detail how you are going to make money.
I can’t imagine putting countless hours of work and dollars into a project, only to find out that I don’t have a monetization strategy!
Sure, you need good content and traffic, but that’s kind of pointless if you aren’t yet aware of how you’ll make money once you have the traffic.
Papa Bear
September 30th, 2008 at 12:13 am
3I’m not saying, don’t have a business plan. I’m saying that you should worry about the content first not setting up adsense. Haven’t you ever seen a blog that had like 2 posts but 3 adsense sections? Ridiculous.
everything about make money online
September 30th, 2008 at 3:30 pm
4everything about make money online…
There’ s a great book that everyone should read called ,” Why We Want You To Be Rich” co- authored by Donald Trump and Robert Kiyosaki, that details everything I’ m saying, and more. Not only do they say that it is possible to become wealthy th…
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