eternalgloom (OP)
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August 08, 2015, 10:32:38 AM |
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I was wondering if it would be profitable to run a faucet. I'd imagine you'd get most revenue through ad revenue, but does someone have first hand experience running a faucet? If someone has, did you make any profit or were you mainly doing it because it was a fun project to try out?
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noel57
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August 08, 2015, 01:45:32 PM |
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Faucet is still very lucrative today, you actually generates money through cpm and cpc ads but your success depends on the number of people that you registered.
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Blawpaw
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August 08, 2015, 03:53:28 PM |
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Yes, Faucets are still very profitable today. You win money just by the amount of traffic it generates. Thus, you can add even more value just by adding advertisements and signing partnerships. Many faucets advertise with their referral links, turning this into another source of income as well.
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eternalgloom (OP)
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August 08, 2015, 04:23:40 PM |
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Yes, Faucets are still very profitable today. You win money just by the amount of traffic it generates. Thus, you can add even more value just by adding advertisements and signing partnerships. Many faucets advertise with their referral links, turning this into another source of income as well.
Faucet is still very lucrative today, you actually generates money through cpm and cpc ads but your success depends on the number of people that you registered.
Oh cool, I had no idea, my first thought was that if there was any profit, it wold be pretty small. Are there any open source faucet scripts out there maybe?
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coinableS
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August 08, 2015, 04:47:40 PM |
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I just started my faucet recently and it has not been profitable. The problem is that there are so many faucets you have to do something different to stand out and generate traffic. The one I just completed has high payouts, a dice game and a referral bonus. The traffic has been great, but I'm keeping ads to a very minimum so currently losing money. But that's not uncommon for new ventures. If you try to start a faucet and put your payouts low and load your page with ads so that you instantly start making a profit, you can almost guarantee users will go elsewhere and along with it your ad revenue. It's a bit of a balancing act. Good luck!
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noel57
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August 09, 2015, 10:29:57 AM |
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Yes, Faucets are still very profitable today. You win money just by the amount of traffic it generates. Thus, you can add even more value just by adding advertisements and signing partnerships. Many faucets advertise with their referral links, turning this into another source of income as well.
Faucet is still very lucrative today, you actually generates money through cpm and cpc ads but your success depends on the number of people that you registered.
Oh cool, I had no idea, my first thought was that if there was any profit, it wold be pretty small. Are there any open source faucet scripts out there maybe? There are many free open source for faucets just search the development section of this forum or simply search google for it.
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OmegaStarScream
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August 09, 2015, 10:36:20 AM |
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It's basically hard these days , there is too much competitors on this area & Freebitco.in and Moonbit.co.in are the most known and famous . So what you should take in consideration is that your faucet should give the highest payout around and in the same time nothing too big otherwise you won't be making any profit , You should also build your own using Blockchain.info or BlockTrail.com API instead of using Microwallet or FaucetBox and simillar websites because people like something simple and don't like to use third party websites . one more thing that if you want profit you should ask people to disable their Adblock . If you do all that then you will more then likely get shitload of traffic . for Advertising I don't think you should pay because you are giving away free money so just make a topic on Bitcointalk and sumbit it on Reddit from time to time and you should be fine .
That was earning money part , now so you don't lose as I said you need custom coded faucet and add many features on AdminPanel for example detecting IP's and stuff so you ban people who claim using several accounts because you should know that some people make multiple accounts and even using BOTS .
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noel57
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August 09, 2015, 10:42:37 AM |
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I just started my faucet recently and it has not been profitable. The problem is that there are so many faucets you have to do something different to stand out and generate traffic. The one I just completed has high payouts, a dice game and a referral bonus. The traffic has been great, but I'm keeping ads to a very minimum so currently losing money. But that's not uncommon for new ventures. If you try to start a faucet and put your payouts low and load your page with ads so that you instantly start making a profit, you can almost guarantee users will go elsewhere and along with it your ad revenue. It's a bit of a balancing act. Good luck! I took some minutes to access and look at your faucet website and I discovered that it is not properly monetized.
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ShamrockHannah
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August 09, 2015, 12:04:43 PM Last edit: August 09, 2015, 09:20:52 PM by ShamrockHannah |
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Not at all. I run a faucet ( http://www. shamrock-faucet.com) and the ROI is very low, some months it barely even pays for itself. You're better off finding a job which pays in BTC
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noel57
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August 09, 2015, 12:18:21 PM |
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Not at all. I run a faucet ( http://www. shamrock-faucet.com) and the ROI is very low, some months it barely even pays for itself. You're better off finding a job which pays in BTC Your website http://shamrock-faucet.com is monetized through a CPC network and how much cpc do you earn on that forex trading adverts. Try to include a cpm network and see more results.
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coinableS
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August 09, 2015, 03:08:39 PM |
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I just started my faucet recently and it has not been profitable. The problem is that there are so many faucets you have to do something different to stand out and generate traffic. The one I just completed has high payouts, a dice game and a referral bonus. The traffic has been great, but I'm keeping ads to a very minimum so currently losing money. But that's not uncommon for new ventures. If you try to start a faucet and put your payouts low and load your page with ads so that you instantly start making a profit, you can almost guarantee users will go elsewhere and along with it your ad revenue. It's a bit of a balancing act. Good luck! I took some minutes to access and look at your faucet website and I discovered that it is not properly monetized. "properly monetized" I looked through a lot of faucets, and they are disgusting with pop-ups and so many ads it gives me a headache. My site is geared towards the customers and not padding my pockets by putting up so many ads that the site is nearly un-usable.
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eternalgloom (OP)
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August 09, 2015, 04:51:47 PM |
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I just started my faucet recently and it has not been profitable. The problem is that there are so many faucets you have to do something different to stand out and generate traffic. The one I just completed has high payouts, a dice game and a referral bonus. The traffic has been great, but I'm keeping ads to a very minimum so currently losing money. But that's not uncommon for new ventures. If you try to start a faucet and put your payouts low and load your page with ads so that you instantly start making a profit, you can almost guarantee users will go elsewhere and along with it your ad revenue. It's a bit of a balancing act. Good luck! I took some minutes to access and look at your faucet website and I discovered that it is not properly monetized. "properly monetized" I looked through a lot of faucets, and they are disgusting with pop-ups and so many ads it gives me a headache. My site is geared towards the customers and not padding my pockets by putting up so many ads that the site is nearly un-usable. I have to say that I agree with you, your faucet looks very clean without any ugly, obtrusive ads. I'm wondering if it would be possible to have the best of both worlds, a clean looking faucet, but still profitable through advertising in a non-obtrusive way.
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coinableS
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August 09, 2015, 05:27:46 PM |
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I just started my faucet recently and it has not been profitable. The problem is that there are so many faucets you have to do something different to stand out and generate traffic. The one I just completed has high payouts, a dice game and a referral bonus. The traffic has been great, but I'm keeping ads to a very minimum so currently losing money. But that's not uncommon for new ventures. If you try to start a faucet and put your payouts low and load your page with ads so that you instantly start making a profit, you can almost guarantee users will go elsewhere and along with it your ad revenue. It's a bit of a balancing act. Good luck! I took some minutes to access and look at your faucet website and I discovered that it is not properly monetized. "properly monetized" I looked through a lot of faucets, and they are disgusting with pop-ups and so many ads it gives me a headache. My site is geared towards the customers and not padding my pockets by putting up so many ads that the site is nearly un-usable. I have to say that I agree with you, your faucet looks very clean without any ugly, obtrusive ads. I'm wondering if it would be possible to have the best of both worlds, a clean looking faucet, but still profitable through advertising in a non-obtrusive way. Thanks enternalgloom. That's my plan, I'd like to create a better faucet experience for the user but not go broke at the same time. I don't know if can, but I plan to find out
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ShamrockHannah
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August 09, 2015, 09:20:20 PM |
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Not at all. I run a faucet ( http://www. shamrock-faucet.com) and the ROI is very low, some months it barely even pays for itself. You're better off finding a job which pays in BTC Your website http://shamrock-faucet.com is monetized through a CPC network and how much cpc do you earn on that forex trading adverts. Try to include a cpm network and see more results. What CPM advertising network would you recommend? Thanks for pointing that out.
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CryptyMike
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August 11, 2015, 05:41:27 PM |
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I was wondering if it would be profitable to run a faucet. I'd imagine you'd get most revenue through ad revenue, but does someone have first hand experience running a faucet? If someone has, did you make any profit or were you mainly doing it because it was a fun project to try out?
I have a couple domains that can be faucet related if you wanna buy haha https://bitcointalk.org/index.php?topic=1146660.0
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eternalgloom (OP)
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August 11, 2015, 06:05:32 PM |
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I was wondering if it would be profitable to run a faucet. I'd imagine you'd get most revenue through ad revenue, but does someone have first hand experience running a faucet? If someone has, did you make any profit or were you mainly doing it because it was a fun project to try out?
I have a couple domains that can be faucet related if you wanna buy haha https://bitcointalk.org/index.php?topic=1146660.0Thanks for the offer, but no. I'd want to choose my own domain for sure
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Kakmakr
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August 12, 2015, 05:25:32 AM |
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If you want to be successful with this, start out with some of your own money to bump the payouts. You will have to come in with a above average payout, to gain a big user base. Once a established user base has grown, you can get better advertisement income to substitute or replace your funding. So at the start, you will be losing money, but as your faucet grow bigger, you will start to break even, and then start to make up the loss, and only then show a profit. The faucet scene is a science of maths.
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jdebunt
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August 12, 2015, 10:51:00 AM |
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Integrating one - or several - RSS news feeds to auto post to the faucet in a sidebar could attract more visitors too. Or at least get them to stick around longer to improve your ad rates.
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eternalgloom (OP)
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August 12, 2015, 06:21:04 PM |
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If you want to be successful with this, start out with some of your own money to bump the payouts. You will have to come in with a above average payout, to gain a big user base. Once a established user base has grown, you can get better advertisement income to substitute or replace your funding. So at the start, you will be losing money, but as your faucet grow bigger, you will start to break even, and then start to make up the loss, and only then show a profit. The faucet scene is a science of maths. Yeah I figure, you'd need to set aside at least a couple BTC's for the first weeks/months. Another thing I was wondering is if it would be a good idea to require people to make an account on you faucet before they can use it?
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pehchan
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August 12, 2015, 06:40:51 PM |
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I just planned to start faucet with faucetbox & gradually go for custom script with earning, just in 2 days thousands of visitors came for claim, I immediately need google adsense, But don't know if they approve my site or not, as it is one week old domain only.
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