It has been way too long since my last post. Sorry, just too busy - not least with getting my wife pregnant. First child on the way in February. In terms of internet entrepreneurship, things have been more mixed as I will explain.
Tie Specialist is going well, continues to make sales and hold positions in the top ten of Google. We have added wedding waistcoats, cravats and wing-collar shirts to the product range and they are selling well. We have updated the website engine to make the site work better, which was a painfull process with a bunch of bugs that took the site off-line for a few weeks. Sometimes if it ain't broke don't fix it. I have come to the conclusion whilst doing the accounts that AdWords does not work well enough for us outside of the Christmas selling peak. The cost of AdWords takes all of the profit we make from sales generated through it and I have found that our profit is higher in months where we stop advertising even though sales are down. The only exception is the run up to Christmas when conversion rates more than double and AdWords becomes cost effective for selling silk ties as gifts.
Art Specialist has a much tougher time. About June this year the ranking on Google plummeted from Top 10 to 400+. Since then I have tried everything suggested by the SEO firm who provided links (It's Cold Outside) but to no avail. It is still stuck way down the rankings. I have now got rid of It's Cold Outside who's links where low quality and I think Google may be treating them as a spam technique and punishing us accordingly. I will find out over the next few months if ranking increases now I have stopped using them. AdWords is also problamatic for art - the conversion rates are very low because people like to browse a lot of art before buying. On the positive side our customers love the paintings and often recommend us to other people or come back for more. I have also added new product lines DNA art portraits and abstract contemporary art canvases to the oil painting reproductions and portraits painted from photos.
Over the last year I have added another couple of niche websites to the collection :
A website that is built by my cousin Tim that sends SMS text message alerts when your football team scores Cheap Footy Scores.com. This site has a very high conversion rate of 10% to 20% and a repeat purchase rate of 80%+ so AdWords works well, the only issue is getting enough visitors to grow the customer base fast enough.
I have also set-up another niche retailing website selling watches for men and ladies from designers such as Armani, Triumph, Kahuna, Lacoste, Seiko and others Watch Specialist.net. I have found that a website needs to be at least a year old before Google takes it seriously so I have set the site up with a good catalogue and watches and just let it set there and mature. This Christmas season I will start to promote it more aggressively as watches make good gifts.
Finally, I set up a website for the cafe and sandwich bar that my brother in-law and wife run in Covent Garden, London. The website is aimed at businesses in Covent Garden, Strand and Trafalger Square area who want sandwiches delivered for business lunches and is called Garden Sandwich.com


