Is it Really Important to Generate Revenue

Nomad

Nomad

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It costs a lot of money to manage and run a forum. Apart from domain and hosting, you also need to pay for software subscriptions, addons and themes. How important do you think is it to generate revenue on your forum so that you can maintain the running cost?
 
It depends on your priorities and also resources. If you can run from pockets and if you don't care about making money, you don't have to use ads.
 
I thi k the answer depends on what you want to do with your website, do you want it to be your income source, do you want to run entirely as a philanthropic project, you want to run for a long term, is it your short term project, what else?
 
As someone who has closed/sold forums before, because I couldn't put in the time anymore (money wasn't such an issue, as I am an SEO and supposed to ear a bit of a buck) .. IT MATTERS a lot. When you have a busy life (becoming a mother was the clicker for me) and your time is crazy limited, you will naturally gravitate towards actions that bring in revenue. And, if the forum is just 'for fun', it has to go :D
 
Why not? Money is required to run any project you are planning on especially if you have a big plan. If it is possible to generate revenue from your project, it should be welcome so that the burden of bearing the whole expenses from your pocket will be reduced.
 
I think it is extremely important to be able to generate revenue from your forum, with all the expenses needed to run the forum, generating revenue would help a lot.
 
Like I said previously, it's all about the objectives of the forum owner. When he's interested in making money from his forum, it's inevitable ads and other means of monetization will be used to generate revenue.
 
Yes, obviously, I understand that one can do something as a hobby or pastime but generating income is always essential, if we talk about forums, even if it is minimally to pay the monthly value of the host and the domain, as a minimum, unless you want to spend money without anything in return.
 
samsun56 said:
Yes, obviously, I understand that one can do something as a hobby or pastime but generating income is always essential, if we talk about forums, even if it is minimally to pay the monthly value of the host and the domain, as a minimum, unless you want to spend money without anything in return.
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There's someone whom I know that runs a couple of forums but never want to monetize any of them. To the best of my knowledge, he currently runs about 5 forums. Although, his social media accounts are monetized and he's earning more from them.
 
Heatman said:
There's someone whom I know that runs a couple of forums but never want to monetize any of them. To the best of my knowledge, he currently runs about 5 forums. Although, his social media accounts are monetized and he's earning more from them.
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Okay, but then he has a source of income to cover the expenses, he will know why he doesn't want to monetize it, I would monetize all the forums for what I have told you, at least to cover the expenses.
 
dojo said:
As someone who has closed/sold forums before, because I couldn't put in the time anymore (money wasn't such an issue, as I am an SEO and supposed to ear a bit of a buck) .. IT MATTERS a lot. When you have a busy life (becoming a mother was the clicker for me) and your time is crazy limited, you will naturally gravitate towards actions that bring in revenue. And, if the forum is just 'for fun', it has to go :D
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Life is just too busy. However, if running a forum is your passion, then your busy life shouldn't interfere with your passions. There are many forums on the internet that started small and now they have become really popular forums. Perhaps "The Medically" forum could become one of them, as it has the potential to become one of the most popular and greatest forums. The medical niche is a great niche. Having said that, if you remain too busy to manage a forum, then you can hire a moderator who can mange the forum for you. 😀
 
Medical-enthusiast said:
Life is just too busy. However, if running a forum is your passion, then your busy life shouldn't interfere with your passions. There are many forums on the internet that started small and now they have become really popular forums. Perhaps "The Medically" forum could become one of them, as it has the potential to become one of the most popular and greatest forums. The medical niche is a great niche. Having said that, if you remain too busy to manage a forum, then you can hire a moderator who can mange the forum for you. 😀
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It's a good observation. Who says it won't? Maybe The Medically will definitely become a very popular forum. Time will tell, right?
 
dojo said:
As someone who has closed/sold forums before, because I couldn't put in the time anymore (money wasn't such an issue, as I am an SEO and supposed to ear a bit of a buck) .. IT MATTERS a lot. When you have a busy life (becoming a mother was the clicker for me) and your time is crazy limited, you will naturally gravitate towards actions that bring in revenue. And, if the forum is just 'for fun', it has to go :D
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For me, running my forum comes from a form of passion and my enjoyment for the niche. I know that'll be able to generate revenue like it used to, especially when i start selling my own in house ads.

However, it does take some time to actual generate revenue from a forum. Whether that's by implementing affiliate links in some areas or throwing Google adsense up on the forum. Adsense may generate pennies, but it's better than nothin.

I know I fell back years ago when my daughter was still a baby, but now she's 17, so generating money from my forum isn't so much my goal atm. I'd rather focus on building the community up and traffic, then monetize later.
 
Yes, it is important to make money. so that the admin will be able to spend to make their forum more and more known... So it is very important to be able to make the revenue to run a forum.
 
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