This is a nice story from the owner http://www.berkshirehathawayforum.com which has successfully made $1000/month from his forum.

Making $1000/month from advertising is my goal for Berkshire Hathaway Forum, now what are some of the more immediate goals that I should have in order to reach my goal? Here are some ideas I have, but I need more ideas :


1. Diversify, Google Adsense isn't enough.

2. Add more solid (non-forum) based content via both informational articles and blog type format. This should drive great traffic with high conversion rates assuming that the content is related to the forum (which it will be).

3. Create interesting videos related to your forum topic to drive some traffic via YouTube.

4. Continue to link to other websites to increase your page rank. They key is to develop real relationships with other site admins so that they actually link back to you.

5. Maybe create a store that sells products related to the forum topic. This has potential, but will be difficult to execute. But the conversion rate of traffic to membership should be high since the audience will once again be targeted and relevant to the forum.

6. Create a facebook group - Berkshire Hathaway Forum group. Feel free to join, I'm looking for international members. This should be great considering that it's almost time for the Berkshire Hathaway Shareholder meeting.


Ok, those were the only ideas I have so far. Please give me hints, suggestions or any other comments. Please be as specific as possible!! What type of click through rate should I be seeing from quality traffic? Right now, the rate is less than 1.00%. How many page impressions should I be seeing? Right now I probably see anywhere from 1000 - 3000 page impressions per day during the weekdays and probably about 500 - 1000 on the weekends. Most of the traffic is US based, average time on the site is around 1 to 2 minutes and the bounce rates are fairly high.

Berkshire Hathaway is Warren Buffett's corporation. Though this may seem like a very small niche in finance, it really isn't. Warren Buffett is really such a folk hero and such a successful investor that he's probably the most influential guy in finance. All investing is at some point related to the things that Warren Buffett has preached. I think this forum could have a significant reach, especially if we can continue to attract sophisticated investors willing to exchange investment ideas and investment knowledge.

Related Posts