But larger players such as Tinder are much higher — in the ballpark of $4.14 million. While ET could not independently verify these numbers, TrulyMadly stood at about $60,000. The main source of revenue outside of subscriptions could still come from ads, a potential that is locked, say advertisers, though it needs a strategy. Imagine swiping through a few hundred people and having to see a profile of lingerie or men’s underwear during.
The sites must already have members or no one will join – This is the big problem in this niche; no one is going to join a site that doesn’t already have members. You can’t just throw up a new Website and say, “This is a dating site. Come join” if there’s no one already there. People join dating sites to meet people and they’re not going to meet people if there’s no one there to meet. I can show you how to avoid this problem as well.
Now, I know what you’re thinking. Most of the software and apps you use on a regular basis are made by massive companies or established development studios. Well, yes. But many successful apps, particularly those in the Apple and Google stores, are created and marketed by individuals and small businesses. In fact, independent developers made $20 billion in the App Store in 2016 alone.
If you have a knack for organization, you can make money online as a virtual assistant helping people to keep their days in order. A virtual assistant will do everyinthing from bookkeeping to research, database entry, booking travel, and managing email. It can also be an awesome way to rub shoulders with some very important people, build up your professional network, and of course grow another stream of income. You can find great gigs on UpWork, Fiverr, Indeed, and Remote.co.
Find a profitable niche: We’ve talked about this a lot. But, where are you most comfortable. What niche do your skills, values, and interests intersect? Do you have 10 years of experience as a technical writer? Do you have long-standing PR relationships that’ll be invaluable in helping startups launch a successful crowdfunding campaign? Determine what makes your value unique, and lean heavily on showcasing that strength to your potential clients.
Offer crazy guarantees: "Find your soulmate in SIX MONTHS or we'll give you a free [offer here]". There's two possible outcomes: One is that your membership base will grow in those six months, and the probablility for any member to "find their soulmate" will increase. The other possible outcome is that they will not find their soulmate, and you simply give them what you offered for free. If you're smart you may simply offer something that they will get for free anyway, but is hard to find, such as an affiliate deal where you even get a commission for offering free stuff to your members (such deals can be found in various affiliate networks).