So here’s another interesting couple of things that have been happening as I build MMXMusicVideos.com, which I’ve named Mass Media Exposure. The first thing that I didn’t think about ahead of time but should have is international traffic / visitors. I had the typical American blinders on and was only thinking about appealing to US people. But instead I am getting a blend of visitors, mostly from the U.K. and from Canada in addition to the U.S. along with a bunch of other countries but their contribution is much smaller. Its actually a pretty even split between UK/Canada/US.
This presents interesting challenges of its own. The first is making sure I’m thinking about presenting musicians/bands that appeal to those countries. The second is advertising.
When I first started the blog, I threw some MusicMatrix affiliate links on it and figured I would try to use that to monetize it and pay for itself. The monetization in my mind was going to become more important as traffic increases and the backend infrastructure for servers and whatnot would need to ramp up. I need the site to at least break even and pay for itself because I’m not independently wealthy, so I’m not looking to dump a couple thousand a month into it out of my pocket.
MusicMatrix is this online music video contest site. The concept is that you subscribe for a monthly fee, and then you can enter contests to make your own version of a music video and try to win large prize pools.
I quickly realized that because there isn’t a ton of awareness out there about it yet, and I wasn’t seeing conversions on click throughs, that I would need to expand the monetization on the site to try and generate enough ad supported revenue so I can pay the hosting fees and for new components for the site, content delivery network backend, etc.
So I’ve tried to place ads on the site in ways that won’t annoy people, but that also will help to pay the bills effectively. I tried to pick relevant ads, and I’m rotating them with various splits and tracking for the different areas. We’ll see how well they perform. One of the things I put on the site is ringtone ads, because I’ve had past success with them and they tend to do well on music related sites. They pay pretty good, so I’m hoping they work out well because it will give me the funding to do some really cool things with the site.
However, the combination of international traffic and the ads leads to some challenges. I’m gonna have to spend some time building geo-targeting so the ads are appropriate for the different countries. Geotargeted ads in general tend to work better for pay per click advertising, but I’ve never taken the time before to actually write the code to do it for an actual site. So for instance for ringtone offers, nobody in the UK can sign up because they have different cell phone carriers over there, so you need to show the ads that work for the UK carriers. I have to check but I think Amazon automatically just works for multiple countries, at least I hope so, or there’s another set of ads I gotta geotarget.
I’m also looking at rotating a bunch of other types of offers. This kinda ties into my post about having a diverse visitor base, because it makes it challenging to create the right ad mix so that there are ads that are specifically relevant for the different types of visitors. I mean, I know the visitor diversity because of the feedback and contacts I’ve received and doing some traffic analysis, but its hard to determine and segment the visitor programmatically when they hit the site. So I have to come up with an ad mix that loads all the time…
Generalized ads are ok, but I’m personally a bigger believer that highly targeted ads are less annoying to the visitor because its something very relevant to them. So instead of dating ads, a music equipment sale ad is going to be way less annoying to a band getting started.
So, I’m trying to figure all this out now, because I know the traffic is going to start on a ramp up soon. There are varying opinions on ads, but my personal one is that it is better to have the ads in place first, as opposed to introducing them later to a user base. Others have the opinion that it is better to have no ads first, grow your user base, and then introduce the ads.
Anyway, just some of my rambling thoughts on the things you have to think about while planning the growth of a site.