The saying goes, Information is King. Nowhere is that more relevant than in the world of entertainment and finance.
In the fifth edition of The Side Hustle Report we look at two side hustles. Both are based on providing information to two distinct areas and benefit from multiple potential revenue streams.
Side Hustle #1
TrackChina.com is a versatile domain name with tremendous potential. No experience is required, just an interest in making money and a passion for research and world current affairs.
This side hustle has five possible ideas you can explore.
Idea number one is a News Aggregator that collects and curates news articles related to China sourced from reputable sources.
Idea number two is a Business Intelligence portal that provides insights, data, and analysis on China’s economy, trade, and industries.
Idea number three is a Travel Guide that provides travel information, cultural insights, and destination guides for China.
Idea number four is for a China-Watch Blog that provides in-depth commentary and analysis on Chinese politics, society, and international relations.
Finally, idea number five is a Research Database that creates a comprehensive database of research papers, reports, and studies on China.
With China’s rising global influence, there’s increasing demand for information and insights. Companies seeking to expand into China need reliable information.
Your new side hustle should be able to attract readers through SEO, social media marketing, collaborating with influencers, and regular newsletters. While you will be able to attract advertisers by offering targeted advertising, sponsored content, and premium advertising options.
How About Monetization Strategies?
You should be able to monetize your new side hustle through advertising revenue, sponsored content, affiliate marketing, premium content, consulting services, and data sales.
It’s always a good idea to know what your competition is doing. Some competitors you may want to investigate include China Daily, The China File, SupChina, China Brief, and The Diplomat.
Financial Projection
You should expect to receive at least 10,000 monthly unique visitors while generating advertising revenue:of at least $5,000 per month is a reasonable goal. A subscription-based model should attract at least 1,000 premium subscribers.
Conclusion
The domain name TrackChina.com has significant potential for growth. With high-quality content, social media, and targeted advertising, you can establish a successful online presence. The GoDaddy valuation is $4,565, and there are over 20,000 monthly searches for the keywords ‘Track China’.
Buy It Now
TrackChina.com is a premium listing with Atom.com priced at $5,299. Atom rates this domain name 6.5/10. The domain was registered some 15 years ago adding immensely to its credibility with clients and search engines alike.
Next up is a side hustle based on the domain name TalkAustin.com.
Side Hustle #2
TalkAustin.com is a geographic domain name that suggests a platform for discussion, information, or community engagement focused on Austin, Texas. This domain name has tremendous potential for various end users, including local news outlets, community organizations, entertainment and things to do in Austin, private entrepreneurs, city government, tourism boards, or businesses offering local services.
Considering the sales of similar domain names, such as TalkChicago.com for $2,895, TalkMiami.com for $6,395, and TalkDallas.com for $2,500, TalkAustin.com could be a valuable investment for domain name resellers, local businesses, or organizations seeking a premium online presence.
Our estimated value for TalkAustin.com is between $2,500 and $5,500 with Atom.com valuing the domain name at $3,199. This estimate is based on the sales of similar domain names, Austin’s growing popularity and economic development, and the potential for a local online platform or community hub.
So, what could you do with TalkAustin.com? Some potential uses include a local news and information portal, community forum, event calendar, tourism guide, local entertainment and restaurant guide, business directory, or even a podcast platform.
Monetization Strategies
Monetization strategies could include advertising, sponsored content, affiliate marketing, premium listings, event planning, and membership or subscription-based models.
To attract your target audience of Austin residents, local businesses, tourists, professionals, and community leaders, consider social media marketing, local SEO, partnerships with local businesses, content marketing, and email newsletters.
Competitors
Competitors in the Austin market include the Austin American-Statesman, Austin Chronicle, Do512, Austin Business Journal, and Visit Austin.
Buy It Now
With increasing demand for local online platforms, Austin’s growing popularity, and an expanding local business ecosystem, TalkAustin.com has tremendous growth potential
You can buy TalkAustin.com through GoDaddy for $775. The domain name was registered some 14 years ago, which is another plus point for this attractive opportunity.
That’s it for now. Two great ideas for you to think about. But don’t be one of those people who ponders on an idea, there is a time for pondering and a time for action! If you like an idea, do your research and then move. Good luck and until next time.
Don’t forget, if you are looking for a side hustle you can act on, look no further than DomainMoonshots.com.
Find Your Moonshot!
