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.