I received an amusing e-mail missive this evening from the Washington Times, and it suited me well because I didn’t really want to discuss politics after last night’s debate I didn’t watch. Seems it only took them 33 years and over a billion dollars to finally have a profitable month. And if you go to their website – which is the reason they are even close to being in the black, since the print edition is a money pit – you’ll find the reason: it’s almost as bad as the Examiner site for annoying ads. (Having once written for examiner.com I can vouch that money doesn’t spread much among those who provide content.)
Reading that and realizing I’m only weeks away from the decade mark of doing this site made me ponder my profitability. While it’s not making me rich, my site does make me a modest profit mainly thanks to compensated posts and the handful of political ads I accept. (I don’t want to guess my hourly rate on doing this, though, because I’m sure it’s expressed in millage, not even pennies.)
Yet it took from about the time I graduated high school to now for the Washington Times to make money. This despite the fact they had a niche in the market that was otherwise mostly unfilled as a right-leaning print outfit. It sort of makes me wonder about whether I have the patience of Job in developing this site further given the fact I work full-time outside the home.
While that was the case for the first three years I did this site, too, the big difference is now being in a family rather than single. It takes time to be the soon-to-be husband and stepdad, and that lack of available time was one reason I brought Cathy on board.
But let’s talk profit. I still think this site is the right venue for certain non-political advertisers who want to reach a regional audience. It’s been some time since I checked my Google Analytics, but historically I have had an audience all across Maryland, with some play in D.C. as well. Maybe you have a niche of your own that seeks customers who are more intelligent and discerning. I think this could be the ticket.
In strict terms of how much I pay for the server vs. revenue, this has been a net winner for most of the last ten years. But I want to help you succeed, too.