Ask HN: how to get revenue from my site
I started as something similar to Peepcode in December 2011 and was charging around $12 per exercise but I made it free after 8 months during which I sold around 6 exercises (to 3 people). However, I don't want to go back to this after making it free. Being free makes it available to a lot of people and it's something I won't change now (I actually wish I had start with free exercises).
I offer commercial license to use the exercises to run training with not much success so far (even if it's pretty cheap $990). I have around 130 visitors/day on average and up to 4000 when an exercise is released (the average value is 2500). I tweeted about sponsoring but I didn't get any reply so far.
And now I'd like to see if HN has a better idea or what I'm doing wrong... or maybe it's just not something that can be done and I should just accept to do it for the fun of it.
7 comments
[ 3.1 ms ] story [ 26.1 ms ] threadYou said you sold only 6 exercises to 3 people. And yet you have 130 people a day. Assuming very healthy conversion rates (say, 0.5%), you need roughly 2000 visitors before you sell 1 item. In short, you need to ramp up your traffic. You can do this organically, or you can buy ads.
You clearly do have an audience however, given your ability to get up to 4000 visitors per day when an exercise is released.
So what to do? Put what I just said to a test: charge for your next exercise. You should get at least 1 sale. From then on, experiment with your price points.
I think you have everything in place, you just need to test things and ramp up traffic. Calculating backwards, you roughly need about 100k people visiting before you can conclude whether charging money works for you as a business model.
Of course you can start with a much lower expected conv rate, and probably should
TL;DR I think you quit too early
"Are you certain that your SQL/TomcatInstance/RailsApp is secure?"
Then you can either branch off into teaching them how bad the problem is (e.g. "YOUR STUFF WILL EVENTUALLY BE HACKED FOR CERTAIN!") ala patio11, or tell them how you're going to help them.
Web security is a huge and growing pain for loads of people - loads of people with money. You are teaching incredibly valuable skills to people, who can sell those skills to people with money.
If you get over your hangup of selling, there's no dearth of places or ways to sell and distribute good content. A small list off the top of my head:
1. Write to people you know personally or even just online - asking if they are interested in learning what you teach, or if they know anyone else who might be. It works.
2. Udemy
3. Write a good blog post on security every week and post it here.
4. Build an email list with a weekly web security newsletter.
5. Go on security podcasts to discuss the latest security goofups on major sites. If there aren't any security podcasts, start one.