The Seven Figure Blog
As many of you remember, the Million Dollar Homepage was a buzz-marketing success story because the idea was so random and revolutionary to the online advertising market. The developer was the one of the first “buzz” pioneers and the thousands of pixel site clones that tried to replicate his success failed. To this day, hundreds of clever buzz marketing sites have been developed hoping to make the owners very rich. Today’s post features one of those buzz marketing sites. The owner was inspired by the MillionDollarWiki.com which was the second evolution of the million dollar homepage and earned over $100,000 before being acquired. Today I bring you the third evolution of the buzz marketing startups.
Take an overused concept, a small twist, a blog, and what do you get? Seven Figure Blog, an interesting take on the “Million Dollar Wiki” concept. The premise of this blog is to sell its posts to prospective users in an attempt to reach at least one million dollars in profit. These posts can be used for pretty much anything you want – affiliate link promotion, link building, sending traffic to your site, branding, boosting RSS readers, selling a service, or just trying to make ad revenue from it. While all of this sounds great, Seven Figure Blog is fairly new and has yet to take off so you won’t get any immediate benefits.
Seven Figure Blog is a promising and interesting idea, but needs to rethink a few things. For starters, the cost: you need to pay $25 to put your post on someone else’s blog. That’s a pretty big amount for a blog that’s just starting up and people probably wouldn’t cough up such a sum for an unknown website. The fact that you have to write it yourself doesn’t really make it any better. Posting on the Seven Figure Blog is currently like buying a paid review on another blog, except you have to write it yourself and there is no large RSS readership to see your review. What Seven Figure Blog needs to do is let people post for free right now until it accumulates a decent amount of traffic, age, authority, readership (might be tough, I will discuss below), and pagerank to give people an incentive to post. This will provide new content for the site as well as help get new posters (the blog only has seven posts at the time of writing) and buzz for it. If the owner of the blog collects testimonials from particularly successful posts, he can further show the benefits of contributing to the blog. As those who followed the Million Dollar Wiki know, a very nice testimonial from a top blogger like Shoemoney.com had the potential to send over tens of thousands of dollars worth of sales in a matter of days.
Another thing that would make the prospects of posting more attractive would be getting a customized theme, or at least a logo. Currently, Seven Figure Blog uses a magazine-style posting format (which is probably the best idea for a site containing varied writing), but it is a bit bland and colorless. Better layouts lead to more return visits.
One more very big problem that Seven Figure Blog will need to overcome is readership. Sure, buzz traffic has sent a lot of sites a ton of clients, but then the buzz dies and the income stops coming. The whole idea of a blog (is normally) building an RSS readership that reads the content day after day. The problem with using a blog for a buzz site, is why would anyone subscribe to the Seven Figure Blog’s RSS feed when the posts are always going to be different from each other, having no central topic, always promoting affiliate links and products, and being incredibly sporadic? One day it might be a post about real estate, the next day it might be a paid post about dating, the next day it might be a paid post about someone launching a new site. The idea may be far too general for it to get a large enough RSS subscriber base to make it worth of someone to order a paid review before (or after) the buzz happens.
Seven Figure Blog is a website which needs a few changes before it can truly take off, but if it does, it could be the next big thing. Of course, people first need an incentive to contribute, and giving away free blog posts and some heavy promotion should do the trick. Aside from the cons that I would look into fixing, I really like the name. It is very ‘to the point,’ and is incredibly brandable. It nearly explains the website’s goals even before you click on it.
Do I expect this website will reach seven figures? Definitely not. At $25 a post, that would require 40,000 paid posts to reach $1m. Even if it was possible to build enough buzz every single day, it would take over 100 YEARS of 1 post a day to reach that number. Maybe it would have been smarter to call it the Five Figure Blog, or the Six Figure Blog if you are talented at internet marketing. I do wish Seven Figure Blog the best of luck getting to $1,000,000… but I don’t see it coming anywhere remotely close. If you want to follow the Seven Figure Blog’s journey, you can see all of the current blog posts on the archives page.
*** FREE $25 PAID POST ***
Comments
14 Comments on The Seven Figure Blog
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Sudarshan on
Mon, 2nd Jun 2008 8:33 am
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phone card affiliate on
Mon, 2nd Jun 2008 9:20 am
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Prem Shashi on
Mon, 2nd Jun 2008 11:38 am
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Tool Belt on
Mon, 2nd Jun 2008 1:06 pm
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SEO Binh on
Tue, 3rd Jun 2008 7:34 am
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Collin - Feed Flare on
Tue, 3rd Jun 2008 7:34 am
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Collin - Feed Flare on
Tue, 3rd Jun 2008 7:36 am
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Warenwirtschaft on
Tue, 3rd Jun 2008 9:09 am
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Exposed SEO on
Tue, 3rd Jun 2008 10:17 am
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Link Building Bible on
Fri, 6th Jun 2008 1:27 pm
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One Year Millionaire on
Sun, 8th Jun 2008 3:38 pm
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David from PPC on
Mon, 9th Jun 2008 11:44 pm
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Stefanie on
Tue, 10th Jun 2008 9:39 am
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Julie on
Tue, 17th Jun 2008 1:27 am
looks like a good concept….please update us if you are getting any visits from that sevenfigure blog….It might lose its PR 3 rank if it continues to sell links….atleast they shud make it No follow in future
To make his next million. I’d say that he would have to come up with sponsors that would provide extra value in the $25 posts.
give people stuff like an ebook or some make money type things. We would even offer a free one hour calling card as part of the deal. This way people could see the value and more people could donate things that they could give out to the 40k people that pay $25 bucks.
If i was picked. i’d blog about this on the site to hopefully get there attention on ways to re-think there business model.
Even You were offering the free post to me, I wont take it.
Firstly, the Blog design is too used up. Its a free theme and the whole blog looks unorganized.
Secondly, Very New and so hardly any posts which makes the blog look kinda empty.
Thirdly, For $25 I might as well write the post the article on my blog and spend that money on advertising my blog rather than wasting time on them.
Finally, Seven Figure Blog = Sheer waste of time…..
I am not sure I like the idea. I very rarely will bookmark a blog and go back and read each post. However I will read the blog if it interests me. This idea seems like it is just one big advertisement, and as soon as a I saw a site that felt like that I would leave. I guess really all you need is a good backer like you said. So I am a neutral position I guess.
I like their idea. I like their theme too.
I agree with you.
1. They don’t have the required PR to sell for $25/post.
2. They don’t have the required RSS subscriber to ask for $25/post either.
3. Still need to write their own post? The owner is too lazy! Want some big money for only idea but not much work? People pay for $20 for a PayPerPost and they don’t have to write anything.
Maybe the PR and subscriber issues can be solved. I do think they might want to promote their site when their PR at lest 4.
Goodluck.
Unless I was trying to build something to sell it off fast I would not want to build anything on a “buzz”, but thats just me.
Hey Tool Belt, email me regarding your site and if you would like to have any of your products featured on my do it yourself blog. I will tell you the site when you email me as I don’t want to consume Colins comments with this.
I think that the topics of the posts would be too different , because they can not focus on one topic.
And who wants to read 95% topics they are not interested in?
Please dont choose me as the winner
This is quite a good idea actually. I wonder how beneficial a post on that blog could be? Might fork out a bit of money and give it a try some time.
It won’t work… $25 is too much i think… since you’ll only be able to be seen on a minimal amount of other pages on the site (since every page wont list every single post on the site) yo have less exposure than say, the pixel sites, where everything is all on one page..
don’t like it.
I think that its a good idea but the hard part will be for this website to get off the ground and get the exposure it needs… If it doesn’t get many hits then I don’t see why someone would pay to post on it.
This isn’t quite the same thing as a paid review from a big name site in your niche. I think that the owner will have to work hard to reach his/her goal!
Hard work ahead of this person. Rather establish reputation 1st and then start charging, than trying to charge from the word go.
It’s a cool idea that may get the owner some attention, but I really doubt it will make a million. I wish him the best of luck, though.
Yes, th? idea is quite interesting. Will he manage to earn a million???
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