as entrepreneur I can explain you how to make hundreds of thousand of euros per year owning a website
Right about now as owner of website am doing marketing and I am always focused on power of words, “chroma-key of internet search”, adwords, wordads etc.; and details behind business are pretty filthy and fascinating.
While you have no idea what the hack website is by itself, you can get bigger picture about business model. Essentially people buy videos, individually from the site, the proceeds of which are split between our company and studio.
So evidently people like to watch photography & film-making on internet. Who would knew?
Public opinion is like this: It’s worked out, and as owner he doesn’t actually have to do much work anymore, It’s fully automated, that’s bullshit mates, it’s all about masterminding (for sure you don’t want to be out-runned or pushed aside by competitors). For me it made some kind of sense as money actual cash generating asset requiring little effort beyond the initial build.
Most interesting of all I found that actually these advice I am giving to someone who maybe want to start up their own website business or business by itself as startup.
Good luck with it. It’s a challenging industry. Things that would take 20 minutes on a normal business can take days in the adult industry. (finding a payment processor, for example)
A restricted site network would be quite a challenge, financially, I think. Policing it could also be pretty difficult.
The most expensive part, for me since I did all of my own design and programming, was getting VISA/MC approval for a high risk account. VISA has a 1000€ annual fee and MC has a 500€ annual fee, at least through my payment processor.
You can make use of European web services to lower costs substantially, but pretty sure there are non!
Up front the first hurdle is convincing Visa or MasterCard to let you accept payments. Still, that’s not even the hardest part. Here’s what it takes to get the site up and running:
If I calculated it in hours spent on it myself, looking at around 3 months, so we’ll say 500 hours. I charge 65€/h if I ever take on freelance clients, so looking at about 32000€ for someone at my rate. I’m expensive because of my extensive experience, so you can probably get it done for less.
It was very difficult in the beginning. Luckily my consultant, the girl who convinced me to start the site, is a studio herself and knows a lot of the top studios. We went after the top studios and offered them better % ratio and it worked. We can now hit 2000 visits per day – A good number of which are sent directly from the studios to purchase on the site or send a tribute.
Most of the business, he said, comes from people buying between a dozen and thirty products per day, and then cash donation — ‘tributes’ — make up the other half of the business.
Here are the technical stats. As he said earlier, the entire operation is automated, with most of the hosting on an our own LUPICKI cloud servers:
The site itself runs on a single server, a VM actually. It runs PHP with CodeIgniter for the framework and MySQL as the database. I make extensive use of CodeIgniter’s caching abilities.
I have an FTP server setup where the usernames and passwords are powered by MySQL. Each studio gets their own FTP login. I have a cronjob that will run every few minutes and pick up files that are finished uploading and send them to LUPCLOUD L3L after gathering some basic meta information.
Once the video is safely on L3L, the studios can complete the meta data, pricing, and choose when the video goes live.
All the video previews and pictures are uploaded to L3L and served through AWS Cloudfront CDN.
That’s about it. Pretty simple.
So if you’ve ever considered getting into the lucrative online business, that’s what you’ve got to handle first.