3 Catches For Plentyoffish: Why Any Idiot Can Make Millions?
photo by Marcus’ wife.
Wowza, now there’s a path with heart… PlentyofFish, a free dating site has become the 30th largest site in Canada. It’s a ONE PERSON company run by Marcus who has a WordPress blog, The Paradigm Shift: Adapt or Die
Marcus seems to think Any Idiot Can Make Millions, but there are three catches if you ask me…
1) If everybody did it, the supply would overwhelm demand and the cost per clicks offered would go down drastically. Darn that Adam Smith!
2) Where’s the rest of all the Google Adsense money going to? Uh… Google?
**News Flash** Kids. That is called CONCENTRATION OF WEALTH, because Google gets most of the money, and even as “Don’t Be Evil” as Google may be, there are going to be competitors who will gain traction by offering their clients a greater cut of the proceeds, bringing us to the #3 catch…
3) Marcus ain’t no idiot. He’s there first and if he’s even smarter he’ll use his eyeball base to start his own sponsored search program right there on PlentyofFish. He can keep more of the money and actually have a better chance to “change the world,” as he says he wants to.
To be fair Marcus notes that “competition may drive up prices and its no longer profitable for you to bid on those terms.” and goes on to say “If you have your own website affiliate networks are great. If don’t have many users (under 30,000 uniques/day) and they are all focused on your subject area a good rule of thumb is you can make $2.00 off affiliate ads for every dollar you make off adsense.”
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