Alex Tew’s Million Dollar Homepage is one of those one-hit wonders. Since then, hundreds of other copycats went wild hoping to get another bite at 1 million bucks. But alas, there will only be one unique and crazy idea people will be fooled into fishing out their credits cards.
Since my blog is on the second page (of G) for the keyword, I get dozens of emails left and right from so-called “originators of yet another million dollar idea” (or whatever currency they’re fond of) asking me to blog about them. Yup, including the Philippine Peso.
So far, none came even came close to second best but this one is a contender IMHO — One Million Blogs.
Almost similar mechanics of advertising — a 30×30 pixel square button costs $1PHP 59INR 85EUR 0.95CNY 7 to advertise. However, once the million sale has been reached, all participating blogs will be raffled off to receive payments in between $100PHP 5,869INR 8,475EUR 95CNY 728 to $100,000PHP 5,868,550INR 8,474,980EUR 95,230CNY 727,830 in the form of blog advertising.
500 blogs get $100PHP 5,869INR 8,475EUR 95CNY 728, 50 blogs get $1,000PHP 58,686INR 84,750EUR 952CNY 7,278, 20 blogs get $2,000PHP 117,371INR 169,500EUR 1,905CNY 14,557, 5 blogs get $5,000PHP 293,428INR 423,749EUR 4,762CNY 36,392, 3 blogs get $10,000PHP 586,855INR 847,498EUR 9,523CNY 72,783, 2 blogs get $50,000PHP 2,934,275INR 4,237,490EUR 47,615CNY 363,915 and one blog will get $100,000PHP 5,868,550INR 8,474,980EUR 95,230CNY 727,830.
The ads that will be placed on those blogs will be other blogs who participated as well. The idea is much like a lotto for bloggers, thus you’re basically buying an ad in the hopes that you either get a piece of the sum in cash or in traffic.
However, when I added the “budget” for blog advertising, the total was just $395,000PHP 23,180,773INR 33,476,171EUR 376,159CNY 2,874,929. I originally thought he’d be giving back all one million dollars. I guess the owner of the site gets the rest. What if he didn’t sell all 1 million and only sold $300,000PHP 17,605,650INR 25,424,940EUR 285,690CNY 2,183,490 — will he take out his credit card as well? I’d like to see this question answered in his blog.
YugaTech.com is the largest and longest-running technology site in the Philippines. Originally established in October 2002, the site was transformed into a full-fledged technology platform in 2005.
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J. Angelo Racoma says:
Great observation, Abe. I’m wondering about the legality of such a “raffle,” though. Depending on where the site is hosted (or where the owner is residing), an online lottery type of activity may be regulated or even prohibited.
Toby Ung says:
Great post on blog ads.
What kind of content can you suggest that will stimulate the intellectual side of Pilipinos to click through and read a blog? It seems like a lot of the blogs generated in the Philippines is…quite frankly of very poor quality – most are picture/video based, irrelevant or down right vain glorious.
I did some research myself & estimated that 1,000,000’s of users can be influenced by a single blog. But where are the blogs by people who love the Philippines? Where are the Rizals? Where is the voice behind People Power?
I ask because I’m an expat. As Pilipinos I hope not to insult you …but to up the ante alittle.
Thats just my 2 cents worth…
good luck and keep bloggin’
Christian Marlo says:
I have a “million dollar” site but I use the technology as a directory and advertising banners. Check out my site at http://www.discoverpodcasts.com.