Remember to factor in the time you spend on the site as well. ilikeRichtea has probably spent few hrs on the site between content, setting up WP etc. You need to recover this cost as well not just the £3 domain name
Perhaps we should start a new thread, Making a Domain earn £1 a Day!
Stumbled across this long-running thread, and it is an interesting read.
OK, I'll bite. Making £1 a day isn't setting anybody's world alight. But... If one could get 3 pages each making £1 a day, that's £3 a day, that's £100 a month.
That's a nice target. And that's worth spending some of a Friday afternon on, no?
So, I found a few pages on one of my sites that are: quite useful; been there for ages; Google knows about them; ...and they have no ads on and are making nothing. (Well, they may be contributing to the site's general goodness, which is why they are there in the first place. But as 'make-me-money' pages they are doing nothing.)
Current stats are:
Page 1 73 impressions in the last month
Page 2 32 impressions
Page 3 39 impressions
I have tidied up their meta tags, fixed a broken link, added alt tags to the images, modified the long-tail of their urls to be more appropriate, ... And let's wait a wee while until that filters through the search engines.
Must find some niche-appropriate affiliate ads, or just see what adSense throws up. ...Next week. Because, I think an important principle is that one should not spend days and days on such an experiment. That defeats the point - if I want a full-time job that makes £100 a month, I'll go stack shelves in Tescos!
(I should point out I have some previous. I just checked in on a page I monitor once in a blue moon. And its happily sitting there kicking out £1000 a year.)
Anyway, that's enough for the day. It is Friday afternoon, and I'm already 2 beers down. Have a nice one.