Plugin Development — Business is Brisk
In my previous post in this series, I talked about my plan for domination of the plugin development market. As with anyone starting something new, I hoped to perform well in my new endeavor. Little did I know that I would have so much interest right from the beginning.
Plugin-Developer.com targets a niche market, which makes it perfect for a targeted advertising campaign through Google Adwords. When I launched the site, I poured a bunch of time into planning and targeting keywords through Adwords, and created a number of different ad variations. To start with, I’m only targeting those people looking for WordPress plugin developers.
Much to my surprise, my initial ads have been more than effective for my needs. My business has attracted a lot of interest from a number of different people. My CTR has been steadily rising as well as the number of clicks that I get from people viewing Google search results.
On an average day I receive 3-4 quote requests. Of course, not all of these turn into paying projects, but the conversion rate so far is OK. Besides, I wouldn’t have time for all of the projects that have been proposed.
Other marketing that I did involved writing an insightful blog post on plugin development and posting it to digg.com and StumbleUpon. While I don’t think I got any direct leads through the article, it got me a fair amount of exposure.
For paying projects, I’ve had a fair bit of success so far. I had two active projects that I finished the first phase of development on yesterday. When those get approved, I’ll have some fresh capital rolling in. I also have a third project lined up to start either next week or the week after and am negotiating with a number of different people to get some more clients lined up.
Some next steps that I’m looking at taking include the following:
- Create a dedicated landing page for my advertising
- Do some testing with my Adwords advertising to try to improve CTR
- Write more blog articles to increase exposure
- Setup my LLC
I obviously have a lot ahead of myself, but I’m really excited about the prospects here. Almost all profits will be either invested back in to the business initially or go towards my future apartment in Seattle.
Now, onto whether I accomplished my goal or not:
Expenses
- Advertising — $23.75
- Old Expenses — $270.00
Total: $293.75
That’s not bad for expenses for a startup.
Incomes
- Deposits received — $190
- Pending payment — $660
If you include the pending payment, I’ll have made a profit. If you don’t, I’m about $100 short. No matter the formal conclusion of the 40 day experiment, launching a business has been successful and profitable for me, and I can see the development of plugins taking me very far.