Are Faucet Websites A Profitable Business?

in #faucet6 years ago (edited)

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What Are Faucets?

Faucets are sites that offer small amounts in Bitcoins (usually some Satoshis) or other crypto coins, in exchange for visits. As they "leak" small amounts you need to wait quite a while until you can collect the accumulated coins. Who pays the site are the advertisers. Adds are the biggest con I find in all the faucets and can be quite annoying, but it's what pays our income. So, faucets enable a reward system for your time spent on the site. You can earn a small buck that will not make you rich but can introduce you to the world of cryptocurrencies.
Faucets play a vital role in the bitcoin system as well. They give people a stimulus to understand and enter the world of Bitcoin.

Are Faucet Websites A Profitable Business?

The truth is that it is very difficult to keep a Faucet profitable these days, the number of faucet websites that open and close in a few months is huge. Fortunately, there is always someone who can move forward is they have a well-defined strategy from the start, and with a long-term profitability plan. To begin with, it´s imperative to calculate well the costs of creating and maintaining a faucet.

What Are The Requisites For A Profitable Faucet?

  1. Own Domain: it will be the trademark of the site;

  2. Stable Hosting: keep the website available all the time;

  3. Scriptsafe: Not everyone has programming knowledge to create one.

  4. Initial Costs: It is practically impossible for a Faucet to start making a profit in the early stages of life, so take into account these initial costs that will only be compensated in the long run if the site begins to have visibility in the market.

Once the site is public, it's time to make it profitable so that the earnings cover the expenses and the administrator's salary. To turn a faucet into a profitable business various advertising methods are employed. Faucets are able to attract a huge volume of regular traffic (hundreds or thousands of Page Views per day), as it invites members to return to the site every 5 minutes to one hour to earn more!

The Most Common Methods Used In A Profitable Faucet Are:

  • Banner Spaces
    In the beginning, Faucets used Google AdSense to make money. Nowadays Google AdSense doesn't accept Faucet as clients because it considers that faucets do not comply with the terms of service. Similar platforms are used today, they pay a percentage for banner impressions or when the visitor clicks on the banner, but the most successful Faucets can still directly sell the spaces to advertisers who want to take advantage of site traffic to advertise their product or service.

  • Affiliate Sites or Referral Links
    Affiliate sites, pay a percentage for sales that occur through the advertising made available on the site. They can use platforms that advertise products related to the Faucet theme, or others such as online selling sites.
    The admin can also promote your referral link to other sites, for example by placing a link in a visible place with the text. This way you can earn commissions on this site with referrals from your Faucet.

  • Gambling
    Faucets are known to distribute cryptocurrencies for free to those who use them, but admins know that there are ways to recover the money distributed before it is lifted. This is done through games of chance in which members can play using their balance. (I don't recommend gambling)

Conclusions

Now that you've read this article you may have realized that a Faucet is not a get rich fast scheme, websites must be well prepared to make greater profits than they have to pay users.

A successful website should be able to monetize without exaggerating the publicity that presents in the site, otherwise, it will end up discouraging the members who will stop visiting the site and all the publicity will only be monetized if the Faucet continues to receive traffic.

Do you feel like trying a Faucet?

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Best Faucets For Those Who Want To Start

10 Top Paying Faucets That Will Help You Build Your Crypto Portfolio For Free

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Litecoin

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Dogecoin

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Regardless of the Cryptocurrency market scenario, in terms of activity or price, Faucets are a great way to invest in crypto-coins without incurring any risk. Faucets are ideal for people who are new to the world of cryptos. All you need is a computer and an email address. All Faucets recommended by The Fauceteer were duly tested and considered reliable. Not all Faucets are like these, so be careful. I share 50% of all commisions with the members that register with​ my Freebitcoin and FreeDoge links.


Happy Earnings And Stay Cool!

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