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I made a website here: http://textbookcentral.com.au/ http://textbookcentral.com.au/ Like yours it fails to solve the business problem. I managed to broker, so
by meric 15y ago
I made a website here: http://textbookcentral.com.au/ http://textbookcentral.com.au/
Like yours it fails to solve the business problem. I managed to broker, so far, dozens of textbook trades out of tens of thousands of visits and thousands of buy/sell interactions.
Do you (or anyone else) think it's worth it for me to put Ads on my website? I have resisted so far because I thought the revenue would be insignificant.
- 2000 - 4000 visits (higher during semester breaks, lower in mid-semester)
- 2000 - 3000 visitors
- 20000 pageviews
- 6 page/visit
- 1:20 visit duration
- 8% bounce rate
Once upon a time patio11 suggested I become a part-time person becoming the other side on any textbook sell or buy transaction. I didn't do it because I figured to make a loss of at least $5-$10 on each transaction to make it worth while for the other person to buy from me to make it worth it for them instead of from the store. I would've bankrupted myself doing that for the 1700 textbooks requested/offered. (Also got to know someone who had more headway into this same problem my website was solving; he owns a real book store near a university).
Looking at your example I think maybe I can make income from ads instead... but I'm not sure if a quarter of visits can equate to a quarter as many ad conversions.
- toumhi 15y agoYour book listings seem to be missing big time on SEO potential, no? I think you should have individual pages for each textbook, with proper on-page optimization (title, H1, small paragraph of text...). That's probably a lot of work, but can you test it on a subset? Then you see if it's profitable and you could hire someone to write the remaining descriptions. That brings us to the monetization: you should do the math - traffic levels, CPC, CTR (for that you could try to have ads on a few pages). I don't have that much experience with ads but from my experiments with a few websites, ads might make sense in a situation and not in another... So you have to test.
- meric 15y agoAlmost all my traffic comes from searches for "<coursecode> textbook", and heads to individual pages that look like http://textbookcentral.com.au/26/university-of-new-south-wales/buy/69897/acct1501/?query= http://textbookcentral.com.au/26/university-of-new-south-wal... That doesn't look like an individual page but it actually is; there's a unique link for every dialog. I'll definitely follow your advice and test some ads on small number of pages and see how that goes first.
- lachyg 15y agoIt sounds like you could look into charging people for listings, but charging them a very small amount e.g. a 55c standard text message. I would also recommend Amazon affiliate linking, this is a big one because it doesn't matter if they buy the textbook, anything they buy over a 24 hour period on Amazon you get a cut of. It was a great day when someone bought a $24,000 watch on one of my links!
- meric 15y agoOh wow so it's not just the while they're in the same session. That's pretty cool. I'll have to think about it though because a lot of the times Amazon is not willing to ship textbooks to Australia. re: Charging text message. Not enough volume yet, I've looked at many text message subscription vendors and all of them have fixed monthly fees of $1,000 and up.
- whatusername 15y agoSo there's a 6 year old post about selling a Bulldozer through Amazon here: http://www.problogger.net/archives/2006/12/12/whats-the-weirdest-thing-youve-sold-on-amazon/ http://www.problogger.net/archives/2006/12/12/whats-the-weir... (And it's obviously stuck with me -- because I posted a link to it on HN 3.7 years ago: http://news.ycombinator.com/item?id=237779 http://news.ycombinator.com/item?id=237779 )