After finding only limited success with building multiple sites across different offers and niches, I have decided to tighten my focus for 2008.  I am no longer going to simply choose an offer, build a site, and promote it for a few weeks.  This strategy has not increased my income very fast, and I am starting to realize that you really need to saturate a niche in order to succeed.

Ironically enough, the first affiliate website/project that I built has been my most successful.  After reading insights from the different guru bloggers I now understand why it has worked and my other ventures have failed.  When I started my first venture, my entire focus was on one project.  I wrote a nice array of content for the website as well as the article directories.  I also took the extra time to build niche pages across other free platforms like blogger, squidoo, and hub pages.  Although I doubted the return on my efforts for quite some time, I eventually woke up one day and found my site pulling in steady traffic from Google.

For some reason I chose not to follow this template for my other ventures.  I have spent the last four months sifting through affiliate offers and starting two or three projects a month.  My theory of course was to cast a wide net…but it has not produced nearly the return I was hoping for.  So while it has taken me some time to see the error of my ways, 2008 is going to be a different story.

I have already begun laying the groundwork for my next project, and the focus is on building an entire network of related internet properties.  This is going to take a significant amount of time, but I am feeling pretty confident that it will succeed.  The hardest part is going to be writing the content for multiple outlets. 

One thing I discovered with my first site is that you only need to update your feeder sites regularly for the first few months.  After that you can let them simmer and focus solely on your main money maker.  Of course you have to patient with getting only 25 visitors a day for a while…this is the hardest part.  But once you get listed high enough in the search engines the money begins to flow.

So that is my unofficial resolution for 2008.  Spend more time building a network for each project, and waste less time jumping from pond to pond.  I have also learned some important lessons about choosing niches based on competition levels, which will give me a better chance to excel with each new venture.

Perhaps some of you find yourself treading water while you constantly try new products to promote.  If this is the case I recommend taking your top three performers and building other sites that feed into them instead of trying a new niche.  It is much more profitable to expand on something you know works as opposed to blindly throwing darts.  Trust me…I’ve tried both ways!

I originally created this blog in 2006 to chronicle my experiences as a new domain investor.  However, as time went on I got farther and farther away from the domain world and more excited about affiliate marketing.  The revenue was more consistent and the barriers to success were less prevalent. I still browse the domain market, but I have since focused my efforts on internet marketing.

Because of the changes in my personal business model, the new and improved Megadomainia is much different than the old version.  The new premise will include my experiences as an affiliate marketer and my goal to average $200 per day in net revenue.  I have realized some small success in IM and I hope to fuel my passion by documenting the progress of my goals on this site.

I am really excited about the future of this site, and I think I have learned enough in my time away from it to offer good insight to future readers.  My aim is to keep the quality of the content high, so I doubt that I will be posting everyday.  My target audience will be newbies like myself who are trying to grow their online income.

If you have kept my feed alive in you subscription service – thanks.  I’m sure you will be happy with the new content I have on tap.  If you are a domainer, than you probably won’t find al lot of domaining-specific posts, but maybe you will learn something new about internet marketing.

As for me…the future starts today!