What It Takes To Make Money In a $4.75 Billion Market


Halloween is one of the most popular celebrations in the US. A poll of 8,526 consumers, conducted between 1 – 9 September 2009 revealed an estimation of $4.57 billion total spending on Halloween 2009, most part of it being represented by Halloween costumes (source: CNBC.com). This is quite a big pie, isn’t it? I don’t know how much of this came from online sales, but I know that it was easy to grab a little slice of the pie without too much trouble, as you’ll see:

Last year, we made $840 + $170 (merchant bonus), so a bit more than $1000, in which we invested about 40 hours of work.

Halloween 2009 Network Setup:


So, there were 11 sites, 8 hours initial time investment, plus about two hours spent on setting sidebar links from all other 10 sites to the new affiliate store and on submitting it to a few social networking places.

How Much Traffic the Sites Got

Make Money Online Halloween BloggerOut of the six Blogger blogs, only one really took off – the graph above shows its traffic evolution. This blog brought in 9 sales, accounting for $107, while serving as support site for the real money maker in this project.

Make Money Online Halloween Joomla Store
The Joomla-based store, set up in late September, benefited from the fresh content bonus from Google, so it had first page ranking for a few costumes, translating into 11 sales and almost $90 in affiliate commissions.

Make Money Online Halloween Costumes
Last year’s best site was the star of the show. The traffic started to rise since July, after the death of Michael Jackson, when I thought to add a couple of Michael Jackson costumes to the site. Unfortunately, all merchants ran out of stock so quickly, that I actually didn’t see one single sale before mid-August when they replenished their stocks. Once the costumes were available again, sales started to take off, and by November we’ve got a total of 199 sales from this site, accounting for $1800 in affiliate commissions. According to my estimations, we’ve lost maybe 100 sales because of many popular costumes running out of stock during the second half of October. At an average commission of $9 per sale, you see that it could have been much better. Actually that’s why I prefer AdSense – they never get out of their ads stock ;)

Earnings Split By Website


Money earned: $2069
Additional merchant bonus: $250

Grand Total Costumes 2009: $2319

This is a good method to make some additional money on holidays, without needing to work too much. We could call it the relaxed marketer’s approach. It shows once more that the bigger the pie, the easier it is to get some of it without too much effort. Of course, the more you want, the more you have to work, but this is the beauty of internet marketing: you can balance work and earnings until you find your happiness.

For 2010, I have a new question and a new challenge: how much money can one make with Halloween by developing an authority site and by working on it as much as needed to make it really big? We’ll live and see.


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    6 Comments »

    Comment by Lachlan Subscribed to comments via email
    2009-11-05 17:02:47

    MyAvatars 0.2

    Great post Simonne and thanks for sharing the valuable information learned from your hard work on this project.

    Fascinating how much people spend on Halloween…

     
    Comment by Simonne
    2009-11-05 19:08:52

    MyAvatars 0.2

    Lachlan,

    Thank you for stopping by. Indeed, Halloween seems to be a huge opportunity for celebration and fun. That’s a chance for us to give them what they want and make some money for our own entertainment in the same time.

     
    Comment by Denise Subscribed to comments via email
    2009-11-05 20:35:26

    MyAvatars 0.2

    Wow Simonne, this is awesome. I guess I will have to get my big butt in gear and work my de-indexed Halloween site (Thank-You Bans!). Lets see if I can get it indexed first! :roll:

    Comment by Simonne
    2009-11-05 23:58:36

    MyAvatars 0.2

    Hey Denise, thanks! If your site was de-indexed because of BANS, maybe you could just let go of it and make some new ones. I also got a lot of last year’s Halloween sites de-indexed, thanks to WP-MU.

    Whenever you decide to get into Halloween, drop me a message, we can help each other ;-)

    Comment by Denise Subscribed to comments via email
    2009-11-06 00:28:08

    MyAvatars 0.2

    Thanks Simone! I just renewed this domain again. Let me give it a shot to get indexed and I will definitely get back with you.

    I learn so much from you. It would be awesome to be able to be working with you.

    Comment by Simonne
    2009-11-06 09:13:49

    MyAvatars 0.2

    That’s great, Denise! I can’t wait to be working together :)

     
     
     
     

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