Mcleo007:

Wow!

UncleJJ:

Sites, like nairaland could be making thrice of what they recieve from adsense - if they ventured into 'selected advertising' where companies negotiate on the amount of money they would be able to pay for space.
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Decide on how you are going to monetise the site, maintain and diversify by re-investing in other promising areas on the net

chauder:

@ uncle jj, how do i get the materials on CPA and its technicalities, am so much interested, my email add is kaceei@yahoo.co.uk. i need to so some research first

Mr. Globe:
Nice one. It'll be a hit or miss however. First impression matters. You need to add politics into the mix for more hits since no single sector in Nigeria pull a very high interest online. It has to be in the model of huffingtonpost. It is needed. Am a passive blogger too. If you need consultation or advice or strategy hit me on.

learnit: share it my people, internet money i real and it is a business you can dabble into, but you do not go into blogging or any other internet business for quick money making, blogging will take time to fetch you money and if you do not now your onions you might lose your 500,000, go and ask from ogbongeblog guy(jide) he is making nothing less than 500$ from his blog, but he is doing it for passion and to help people and thereafter he is making cool cash monthly. come off it, invest a token on bogging and divest your money into other offline business

felucci: That's a nice sum to invest in blogging and I think if channeled properly, you will be able to make up to 100% ROI within a year.
However, for a new blog, certain things are more important. For instance:

- Content. You need to pay writers to make a lot of posts for you and at about N200 per post, you can get 2500 posts on your blog.

Once you have a lot of content, you can then wait to see how it converts for your business over a period.

After Content, then other things you can do to keep running your blog is to :

- Get subscribers
- Use online advertising

Energy48:


Trust me on this. What you are experiencing is the gospel truth. Learn from it. There is no pot of gold at the end of the rainbow, so don't allow desperation to cloud your better judgement. Anyone claiming you can make a fortune out of blogging or adsense is lying. Don't let anyone fool you into buying any book claiming blogging or adsense will make you rich, because it wont.

Energy48:
Am I missing something? I blog all the time for FREE. I don't have to pay anyone a penny to do so. Therefore, why would one need to invest N500,000 into something everyone else does for FREE?

UncleJJ:
First off - your initial investment is to high. Did, you come up with this number through research - or did you guys just guess that it would cost such an amount.

Sites, like nairaland could be making thrice of what they recieve from adsense - if they ventured into 'selected advertising' where companies negotiate on the amount of money they would be able to pay for space.

You guys should understand, business online is very competitive - but also very cheap, if u know what u are doing. Like i said 500k is too much money. No matter what sort of blog your planning on building. Before, you start - please choose the keywords you will be willing to rank for determine how much traffic it could , send to you then decide on how much you want to put into it as a start.

Remember, every business starts by running as a loss - before the profits start rolling in. Do you have any prior experience in this? If you dont , make sure you find someone who has, and make him a partner - not a consultant. He must also, contribute money, if he does not have he - must contribute his vast experience as an adviser of sorts.

I repeat - no consultants - Nigerians go cheat u with that.

Decide on how you are going to monetise the site, maintain and diversify by re-investing in other promising areas on the net.

I currently make $100+ every month via cpa . I know what am talking bout. "5ook too much"