Cash Pours in for Student with $1 Million Web Idea 527
Quantum Logic writes "Alex Tew, a 21-year-old student from a small town in England, earned a cool million dollars in four months on the Internet. Selling porn? Dealing prescription drugs? Nope. All he sells are pixels. The idea: turn his home page into a billboard made up of a million dots, and sell them for a dollar a dot to anyone who wants to put up their logo. A 10 by 10 dot square, roughly the size of a letter of type, costs $100. He sold a few to his brothers and some friends, and when he had made $1,000, he issued a press release. That was picked up by the news media, spread around the Internet, and soon advertisers for everything from dating sites to casinos to real estate agents to The Times of London were putting up real cash for pixels, with links to their own sites."
rest of the article (Score:4, Informative)
So far they have bought up 911,800 pixels. Tew's home page now looks like an online Times Square, festooned with a multi-colored confetti of ads.
"All the money's kind of sitting in a bank account," Tew told Reuters from his home in Wiltshire, southwest England. "I've treated myself to a car. I've only just passed my driving test so I've bought myself a little black mini."
The site features testimonials from advertisers, some of whom bought spots as a lark, only to discover that they were receiving actual valuable Web hits for a fraction of the cost of traditional Internet advertising.
Meanwhile Tew has had to juggle running the site with his first term at university, where he is studying business.
"It's been quite a difficulty trying to balance going to lectures and doing the site," he said.
But he may not have to study for long. Job offers have been coming in from Internet companies impressed by a young man who managed to figure out an original way to make money online.
"I didn't expect it to happen like that," Tew said. "To have the job offers and approaches from investors -- the whole thing is kind of surreal. I'm still in a state of disbelief."
The Million Dollar homepage (Score:5, Informative)
oops forgot the obligatory WOOOT!!! FP
Return on investment (Score:5, Informative)
It'd be an interesting way to get your message out to some more people though, if you weren't trying to sell something.
This Internet thing is tweaking human communication in interesting ways. I like it.
Re:Motivation to invest in this sort of advertisin (Score:5, Informative)
I think the runner up (for me at least) is "Don't Click"
because the alt text says: Fine, if you really must click, go ahead...
P.S. I found Waldo in the pic too
Just the picture [nyud.net] (without the link overlay)
Re:web address? (Score:5, Informative)
Yeah but who is going to visit a site... (Score:2, Informative)
You're paying thousands of dollars for space on a site that will never be visited by ANYONE besides those reading press releases about the millionare you just helped create.
Good job companies! I have some swamp land you can put billboards on!
Re:Link? (Score:2, Informative)
Score:-1, Legally Blind [milliondol...mepage.com]
Yes, the URL is in the article, just not as a link - you'd have to copy/paste into your address bar, but it's there. Quote:
"He had the brainstorm for his million dollar home page, called, logically enough, www.milliondollarhomepage.com..."
Now go play in the street. Follow the sound of the bouncing ball...
Re:While it may seem like a stupid idea... (Score:3, Informative)
I've said it before (Score:3, Informative)
Very old news (Score:2, Informative)
Re:Page Rank (Score:3, Informative)
Yup I'm also seeing a pagerank of 7 (and for some reason i looked at the page on wikipedia [wikipedia.org] which also says he has a PR of 7)
However, I remember reading somewhere that in order to get a high page rank you need to be:
Basically I read that you share the pagerank kudos when sites link to you. So even though his site has a PR of 7, that pagerank is split up between the sites that he links to on the site. Even though his pagerank is high, it'd be being shared between hundreds of websites.
So you'd probably be better getting linked to from a website with a PR of 4 who only links to 1 or 2 other sites (ie it's better to split a PR of 4 between 2 people than splitting a PR of 7 between 200 people)
Re:I call hoax (Score:2, Informative)
when you are reading ad rates, CPM stands for "Cost Per Milli" or in other words "Cost per thousand" impressions. So when you see $100/CPM (which is actually a bit high -- even slashdot only costs aprox $40/CPM), you're talking about $100,000 for 1 million impressions.
Re:rest of the article (Score:2, Informative)
This is the online version... (Score:2, Informative)
Re:You smarmy jack assed troll (Score:3, Informative)
1 gallon of 87* gas in my part of the US is $2.15. The same gallon in Europe would be $5.61 USD. 75% of that is $4.21 USD, which is 3.55 euros.