I'm not a stranger to the business of websites, I made many during my college days only 1 of which really made any real money (advertising only). I then sold that site once I was moving into the student teaching phase of my education and now I am an educator who has built a site that is a place for middle grades math teachers to get engaging math lessons for their classroom.
I was wondering if I could pick your brains for the best way to monetize it.
I'm looking at an August launch date. The site design is pretty much done, I am just working on adding the content right now. I currently just have an ad banner on each page.
I figured the two solutions would be either ad-based or subscription based - am I missing an option?
Subscriptions would probably be something like $15 a year or $130 a year for a school building.
Or advertising - i might be able to squeeze 2 banners on per page - maybe even 3...
My problem also comes down to - I can't really promote myself with the subscription model - just the site. Where if I just do the advertising model, i could also use the site to promote myself and possibly work up lectures and consultation in curriculum design. Is this not true?
So in your opinion, subscription, advertising, or am I missing something? Also, if I go with subscription, do you think I am correct that it would be more difficult to promote myself as opposed to an advertising model. Thanks for any replys.
Not sure how much monetization you can do with math-related ads. You should have them, but I wouldn't rely on them for solid income.
How long will each video be? Will you have a preview video? If so, another model might be the piecemeal model, where a person can buy a single video for $1. Or you could sell it on iTunes or Amazon for the same $1.
Bookmarks