In light of the increase in the cap on the number of owned niches, which I think is awesome by the way, now might be a good time to think about the value of owning niches. I've been sitting on my five for a while now. As a minnow, should I sink some more money in?
On the current schedule, the Beta releases sometime in March. At that point, as I understand it, the clock will start ticking on our year of niche ownership.
A niche costs roughly $75 USD at the time it is purchased.
So I have from March 2019 to March 2020 to make $75 off each niche, if I want the niches to be self-sustaining. After that, I'll have to kick more money in if I want to continue to enjoy the benefits of ownership, or abandon losing niches.
Let's say I'm out of spare NRVE, for the sake of simplicity.
To get 5 more niches I need $375. So my 5 niches together need to make 31.25/month altogether, averaging 6.25/month each in order to be self-sustaining.
Until advertising comes along, the only revenue generating option for me qua being a niche owner is affiliate marketing. I could strategically place some affiliate links say, in a pinned post, or in a resources section or some such. At least, I assume I can do that.
I'd like that to be clarified before deciding to purchase more niches.
Moreover, since I dabble in web design, I'd really like a better idea of how the niche pages are going to look to plan how best to put such a plan in motion.
Currently, there's no ability to share content between users, or even for users to directly communicate for that matter, so the ability to use affiliate links to successfully recoup the purchase seems even more limited. I expect the social aspect to change dramatically by Beta. But Beta is very close.
The question I'm asking myself is this: Is Beta too close, with too few features (especially advertising and the revenue it will hopefully bring) to justify more than a vanity expense?