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Thread: Is this a crazy idea?

  1. #1
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    Default Is this a crazy idea?

    In January, I suddenly got an idea for a website. I wrote down a few pages of notes about it, and even bought a domain name. I never took any action on the idea, so it got shelved. But yesterday I looked again at the notes I wrote and started to think again about whether I want to pursue the idea.

    The idea is this. An online archive of internet marketing knowledge, or an encyclopedia if you like. It would profile all the people, all the strategies, all the websites and blogs. It wouldn't teach any new information, but would simply gather and organise existing information from around the internet, and reference it all like Wikipedia does.

    I think it could act as a 'map' of the internet marketing world for beginners, showing them the history of the industry, the useful strategies, the most important people to follow, the most useful resources and websites.

    Here's an example of how it could be used. If someone wanted to research a strategy, say website flipping, they'd head over to the site, look up website flipping in the strategies section, and they'd get all kinds of knowledge on that strategy. They'd get the history of website flipping, the people who are known for website flipping, where people are learning how to flip websites, the tools people are using to flip websites, notable flips and events that got people talking, any controversies that have happened and a whole lot more.

    ______________________________

    But the more I think about this idea, the more unrealistic it seems. It is obviously far too much work for one person. I want to have time to work on other projects. That means I would need to hire researchers and writers, which means I'd need to find a way for the site to earn revenue (ads? paywall?). I might even need investors!

    It's not the kind of site that I could just start on a whim and see if it works. It would need a solid and sustainable business plan. It would be like starting an online newspaper.

    I concluded that I can't pursue it right now, because I want time to explore other projects. But if it's a good idea, I wonder whether I might pursue it when I'm older and more experienced, so I thought I'd post it here to see what others think.

    Is it a crazy idea that I should forget about, or do you think there's a place for it in the industry?

  2. #2
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    Hmm..... doesn't Google do that already? Seriously though, I think some of your idea has merit but it sounds way too broad for all that in one website. Part of the problem is that internet marketing strategies and websites come and go. What is hot today is gone tomorrow.

    Creating something like a registry of sites solely for internet marketing would perk my interest. It could be broken down into different categories explaining the history and/or description of each subject. Along with that category there would be directory of sites and/or people under that category with a brief synopsis of the website and maybe a ranking? It could really help to reduce a lot of the searching that people do for different subjects.

    That alone would take a lot of work but it could be marketed as "the place to start" if thinking about internet marketing. Just spit balling....

  3. #3
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    Quote Originally Posted by Shea View Post
    Hmm..... doesn't Google do that already?
    I see it more as doing the job of Wikipedia, not Google. The difference is that this has a niche focus, so it could include information that's not 'notable' enough for Wikipedia. For example, if you tried to create a page on Wikipedia about Website Babble it would probably be deleted because it's not 'notable' enough.

    Quote Originally Posted by Shea View Post
    Seriously though, I think some of your idea has merit but it sounds way too broad for all that in one website. Part of the problem is that internet marketing strategies and websites come and go. What is hot today is gone tomorrow.
    Exactly, the information is too broad and too volatile for one person to manage. That's why it would need a full-time researching and writing team to ensure the information all gets covered and is kept up-to-date.

    Quote Originally Posted by Shea View Post
    Creating something like a registry of sites solely for internet marketing would perk my interest. It could be broken down into different categories explaining the history and/or description of each subject. Along with that category there would be directory of sites and/or people under that category with a brief synopsis of the website and maybe a ranking? It could really help to reduce a lot of the searching that people do for different subjects.

    That alone would take a lot of work but it could be marketed as "the place to start" if thinking about internet marketing. Just spit balling....
    That's kind of what I was thinking. You're mostly echoing my own thoughts, so that probably means I'm thinking on the right track. Thanks!

  4. #4
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    I don't think it's a crazy idea at all. I think it just might work out.

    Chad

  5. #5
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    Regardless, that website is needed. I Meca of Internet Money Knowledge, would be hard to die, if performed correctly.

    But here are some key questions you would have to answer.

    How does it make money?

    You mentioned wikipedia. They are donation driven, do you think that would be a good model?

    I think you could sell access to it. Perhaps memberships.

    You are right it would take a lot of work, what you could do is prepare the model your researchers would work in. For example "Topic" "strategy" "case""conclusion" eg.

    Now the way it could fail is lack of traffic, and lack of content.

    I think you would actually have a better result, using videos instead of word, heck I think a youtube channel could be sufficient for the time being. If that's the route you think would work, then I think shopify would be a good example of the youtube channel on how to organize a ton of informaiton


    Interesting, I would like to see this exist.

    Now you Got Me thinking :|

  6. #6
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    Thanks for the input Chad and Zach.

  7. #7

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    Yes it's very crazy idea but Google is very smart. So I don't think this crazy idea can beat to Google.
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  8. #8
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    It will be very useful for retro marketing in the future. when marketers are looking for the edge they can look back to the past for inspiration as we see all the time with fashion trends all the time.

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    Let's be great.

  9. #9
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    This Ideal Is Crazy!

    ....like a fox!

    Often times people look for information on a particular topic/subject online and people are quick to say/type "google it". Problem is google is useless , yes unless. I search a topic for information and a million and one site links come up, most are selling a service/product I don't need/want or can use, and they do not have the information I am looking for. And I can not narrow down the topics if I and a beginner and do not know the topic title (subject matter) yet. Forums and blogs are where I get the bunk of my info. These are where the people are, that do the do, so to speak. They have been where I am going, but to have a place where I can access an "archive of internet marketing knowledge, or an encyclopedia" would be heavenly to me. For the most part, a one stop shop saving time and money, as I would have access to more knowledge pertaining to what I need/want or can use and learn from. Yes, this is more related to a Wiki, About.com, Ask Jeeves, etc. of sorts, which would be more beneficial for a beginner to learn from. I would love it.

    Now that being said, money(revenue)? Info source(s)? New info (the Internet, and want not about marketing changes (search engine rankings, data mining, Net neutrality, etc.) ) might be something to consider. This is the type of site I have been looking for for years.

    I think you would actually have a better result, using videos instead of word, heck I think a youtube channel could be sufficient for the time being. If that's the route you think would work, then I think shopify would be a good example of the youtube channel on how to organize a ton of informaiton
    Yes but all to often videos are information lite, hard to understand, or must be watched to many times to find the one or two points not understood or forgotten.
    But the more I think about this idea, the more unrealistic it seems. It is obviously far too much work for one person
    Not unrealistic, many sites have come and gone...But I have not seen this niche. Yes it would be hard work so was/is about.com, the Wiki(s), ask jeeves, a university that teaches internet marketing, see It can be done.

  10. #10
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    It is an excellent idea and many internet marketers make a living doing just that!

    Having your own spin will make your blog more popular than hundreds of others and drive a larger amount of traffic. But you don't need the history, geography and science of flipping, for example, all in one blog.

    What you need is an answer to the simple and straightforward question that anyone who lands on your blog will have, which is:

    "How do I make money with website flipping?"

    They will look for the following in your blog - I have put down some questions that your visitors will have to make it simpler for you to plan your blog:

    1. How do I make money fast(with flipping)?
    2. What is the easiest way to do it?
    3. What do I need to implement it? (things like domain, hosting etc.)
    3. What are the chances of saturation so that I don't start doing it and find that the method is already saturated?
    4. How do I scale up once I find some success with it?
    5. Where can I find more free resources?
    6. I do not mind paying for information - where can I find good paid resources that will help me achieve my goals faster and more effectively?


    If you write your articles and answer the questions above in them, your readers will appreciate it and follow all of your advice.

    Question no. 6 is where you can plan your monetization by having your own products or promoting products created by others (e.g. Clickbank products or WSOs). You can have different categories on your blog and have 2-3 articles in each category.

    You don't really need a "research team" or a team of writers IMO. Let's say you have 10 categories with 3 articles in each category, and you write one article every day - you'll be done in a month. Keep posting them as you finish writing each article. There is enough material on forums, blogs and on YouTube for research that are easily accessible for you to write excellent articles with useful information in them. Just do a search and you will find them.

    Here, let me help you with one such search...

    Flipping

    Just click on the link above and wait for a few seconds for it to load.

    Once you have set up your blog you will need traffic. Post on internet marketing forums and link to your blog in your signature. Once you have a steady flow of traffic your blog will start getting more and more popular. You will reach a stage where people will start sending you emails. I just wrote a post recently on a thread which described a similar situation.

    Getting an overwhelming amount of emails.... what would you do?

    I think you've been making plans for some months now. If you start taking action now it shouldn't take more than 2 months to see your dream come true if you follow the steps above!

  11. #11
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    Sorry Emvy, but no. This idea is more than just a little blog about how to make money online. It has more integrity than that. If you don't understand the difference between a how-to-make-money site and what this is meant to be (an industry map) then I can't help you.

    It will take longer than one day to complete an article and it definitely won't be 'done in a month'. Spamming forums is not the way to establish an audience for a site like this. As for promoting WSOs and ClickBank products, it would send the site's integrity down the drain.

    I do apologise again for tearing apart your well-intentioned input, but there is so much in your post that I disagree with. This isn't just another microsite and making money from it is the LAST thing I'm concerned about. It's a very different kind of project in a way you probably don't understand.

    If it's going to be done, it needs to be done properly, and I can't give it the commitment it needs right now. I won't be taking action on it anytime soon, but I will keep the idea until I can.

  12. #12
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    No problem about "tearing apart" my input (which actually you did not, you haven't seen "real" tearing apart...lol), mainly because I do not write here for an individual. My posts are for hundreds of people who land on these pages, who may learn a useful thing or two from my posts and use it in their work or their lives. Just my way of paying back for what I have learnt from others.

    Most people surf these forums so that they can find a viable way of earning money online, looking for pieces of information that they can use, and find a way to feed their families. Some may have lost a job, others may have some other serious issue, but all of them are looking for a solution online. I write for them - not as much for myself.

    So don't worry - it's okay, and I did get your point, although parts of your post were a bit rude and uncalled for. Anyone reading them would presume that you don't really understand what you have written. I accept your apology.

    Your idea - well, it's an old idea, but not at all crazy. Several people have thought of it but did not do anything mainly because knowledge pertaining to IM is not static, it is very dynamic. Even if you are able to proceed with it, you may be able to manage one stream within the IM space, not multiple niches.

    If you're planning to start something similar to a Wiki - that is a completely different project that requires great scale, meticulous planning and tremendous participation that includes contributions. I don't know your background and can't comment on it any further.

    Anyway, I am neither an IM expert nor a Wiki specialist, far from it...lol. Wish you all the best!

  13. #13
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    This is what I love about Website Babble. Everyone is in good spirits and there is none of the vitriol that characterises many forums. I am able to defend my idea without fear that it'll turn into a flame war. I know I tend to be rude but I'm working on that.

    Actually, is there any chance this thread could be locked? I have received all the feedback I need.

  14. #14
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