What have we been working on lately?

After creating a lot of wiki sites with different prices, the OBW Team has learned a couple things:

1. Making people pay for a Wiki page gets more visitors to your Wiki site.

2. Paid Wikis can make your instant money within weeks unlike blogs. It’s an untapped niche market waiting to explode.

3. There’s more demand than supply, meaning there’s never going to be enough paid wiki sites to fulfill needs of advertisers and wiki lovers.

You can take a look at the number of negative comments on how people don’t want more paid wiki sites at John Chow, yet we hit record sales for both the QuarterWiki and the One Buck Wiki for that day.

4. There’s a whole category of niche paid wiki sites that can be made starting from Art to Zoo wikis.

Q. What are we doing about it?

A. We are going to make an E-Book that shows you how to make a paid wiki site from scratch and sell it for a small fee. It will also explain in detail how to incorporate SEO (Search Engine Optimization) to your Wiki site by hacking some of its core files.

Q. What are we charging money for it?

A. People in general perceive more value when they have to pay for it. If it’s free, no one cares. This analogy can be compared to our Wiki on Zedomax.com. It’s a simple free Tech Wiki with PageRank of 4 yet over the last year and half, not a single soul has taken advantage over the free wiki. We will be converting that wiki into a paid wiki to experiment if that will bring more visitors and interest.

A lot of people have Wikis already. Instead of installing CAPTCHAs or other annoying spam-filtering devices, you can convert it into a money making machine. By doing so, you will get more interest and visitors at the same time preventing spam completely.

The advantage of converting an exisitng Wiki Site?

If you have a Wiki site with a PageRank of 4 or higher, you will be able to sell pages right off the bat. Why? Simply because the pages already have a value from SEO standpoint.

In all, you don’t have to make a new site if you run Wiki sites already. All you have to do it install simple shopping cart system where people will be able to buy pages.

The new E-Book will be called, “Paid Wiki Hacks using MediaWiki” or something along that line.

By spreading the knowledge, we hope to start a new era of Web 2.0, where people can monetize on their Wiki sites.

Hi Everyone,

OBW just sold so many pages that we are backed up again… Please don’t worry as most of your pages are safely reserved for whoever bought it first. There has been couple here and there that the pages were taken but we are not going to automate this as we go over each person’s account by hand manually.

We feel that if we can motivate the users with personal customer satisfaction experience, there’s so much more networking and a feeling of being part of something bigger.

Well, we just hope you are happy with your pages, if you are not, tell us and we will fix it for ya.

We will continue registering new people tomorrow as we have stayed up for 2 days straight… again!

The whole team has fallen apart by now from the monstrous weekend and we are still trying to recover from the big BUZZ.

Our secret? You are our secret. Page-owners are the power of this site. You can make our dreams come true and we can ALL make money together.

By having more pages, more keywords, and more quality content as we go along, we will be able to find out niche market as the source to go for very interesting stuff.

Isn’t that what it is about? We really don’t care to make money on the OBW but we want to make sure our brand new concept that was built on the idea of the MillionDollarWiki to go at least or above the estimates we have done. We did go above the estimates from the first day. The big question is, will we sell out 2000 pages by end of this month?

So far, the Click-To-Page Sales ratio has been about 10 to 20% on average. That means for every 5 visitors to the site, one page gets sold.

We are trying to narrow this down to a science and see what kind of effect money will have on content and popularity. We just realized the cheaper the better.

Max celebrated the BUZZ by going to the Dollar Store with his girlfriend. His girlfriend loves Dollar Tree Stores or any Store that sells stuff for a dollar. Actually, that’s when it popped Max that he should start a website that’d sell everything for a dollar. Maybe it’s good that Max’s girlfriend loves to shop at Dollar Stores.

Why does Max’s girlfriend “loves” to shop at dollar stores? Not because she’s cheap, she likes getting a good deal.

The couple almost bought a fish and a fish tank that was on sale for one dollar! The two had to hug each other for hours before finally giving up the fish.

The fish would have been nice to be named the “One Buck Fish” and we’d use her/him as our motto. Well, maybe they should really goto a pet store and get a real fish….

Thanks for listening to the rambling of our dollar store stories. We highly recommend watching the Dollar Stores around your town and see how many people are shopping inside the store on any given day. That number might surprise you. Those Dollar Stores are real money makers. You know why? Because the founder of Wal-Mart, Sam Walton, started with a dollar store (or something around that range the last time my college-fried brain remembers). Why did they get to so many people? Because it was ONLY ONE DOLLAR!

Being able to buy good stuff for one dollar at Dollar Stores? - Priceless

Best deals that the OBW team recommends at the dollar stores will come soon as soon as Max and his buddies get some sleep and start another new day fresh to create more BUZZ for the One Buck Wiki.

Are you creating a BUZZ for OBW? You can simply by talking about it with your friends. This OBW has got to be the lifetime deal of the century! You can make your dollar back simply by putting some Google AdSense.

Better yet, just hold on to your pages and sell it to your best friend for 10 times more when our pricing ramps up.