Image Hosting Flood?
It seems like that the flood of new image hosting websites is not stopping. But even more surprising is the fact that these image hosting website go on sale like as it would be Christmas. Almost every other day you see an image hosting website with domain name go on sale at Webhostingtalk.com or Sitepoint.com. What’s up with that? Is everyone jumping onto the bandwagon trying to make a quick buck and then sell off when they realize that it just does not work out the way as expected? Is there no long-term or at least mid-term planning going on anymore? Can a business survive on a short-term business strategy? I don’t think so.
But maybe this short term thinking is symptomatic for this young industry? People seeing others making good money with an idea and then they try to copy the other’s idea and think they have a valid business model. After a short while they wake and realize that it is not working out as expected and they dump their website to move on to the next short-term idea they think is hot. There is no proper business planning in place at all. Making a new website a success requires time and some money. More money allows you to buy time by increasing advertising but to become listed in the major search engines is not something you can buy. You can push it to a certain level but then the time requirement kicks in again.
Is image hosting dead? I don’t think so but if you want to make money from it you need to treat it properly. Think about it as a real business model and do make the proper moves to be successful. It’s almost like that you would have to write a business plan for an image hosting model to realize how you can make money from it. It would certainly help you to save time and not to waste valuable work hours on a project doomed to fail.
Still thinking about starting an image web hosting website? Go ahead. I would like to hear back from you to see how things are turning out.
Until next time …..