Domain Manage

Community type sites

Discussion in 'Business Discussions' started by Kari, Apr 13, 2016.

  1. Kari

    Kari Retired Member

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    Hey folks

    just a quick question..
    I discovered SocialEngine.com thanks to a link in another thread.

    My question is, do community type sites / forums pay off ?

    It's something I've never even considered doing, but something has piqued my interest
     
  2. Domain Forum

    Acorn Domains Elite Member

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  3. Adam H

    Adam H Well-Known Member Exclusive Member

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    Depends on your definition of "pay off" and what you see your self getting out of it, if you mean financially yes they can, but generally they are alot more work, time, stress and cost to run over a normal ecommerce/blog in the same niche. They generally earn substantially less based on an a like for like traffic scale but thats two fold as to what the end goal is, e,g sustainable recurring revenue stream for years to come.........or nice chunk of cash on a sale a couple of years down the line, the later is not as ripe as it used to be with forums and user generated content in general is on the down and has been for years.

    If you've not got the budget to buy an established site ( which can be equally as challenging ) then I would recommend forgetting about the financial side of things and do it because you love the niche and have a passion and knowledge for it, if your a social person and like to deal with all warps of life then it could be quite rewarding. Its not a short term project to make a quick buck generally.

    P.s , My comments are more based on Forums rather than social platforms like Social engine.
     
    • Agree Agree x 2

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