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Fed
- Founder of Hive Index
- $1500 estimated monthly revenue
Hive Index is a directory of online communities.
The founder (Fed) recently tweeted…
Got the first site sponsor for @thehiveindex!
New revenue streams are always fun 😁
The sponsor he is referring to is a site-wide sponsor. They pay $500/month for a banner link at the top of every page of the site (example).
Fed has been building Hive Index on and off since 2020 along with consulting as a software engineer.
He has been busy curating and adding communities to the site, tweeting back in June…
Just passed 2000 communities on @thehiveindex!
Not stopping yet, this site will be THE spot to discover online communities for ANY topic
Programmatic SEO has been key to growing traffic 📈
But Fed had been working on the site for almost 3 years without really monetizing it.
In April he introduced a paid membership for community owners which allows them to have more control and traffic to their listings.
Looking at the site, there seem to be 50+ paid listings at $197/year, which was $10/month in earlier days. Either way, that’s $500-800/month.
Fed also offers community promotion, which costs $99/month.
So three ways he’s started monetizing…
- Site sponsorship
- Gold Membership (for community owners)
- Community promotion
Overall, I expect the site is now earning about $1500/month 🤑
Fed tweeted back in March…
Fun fact: @thehiveindex was a “warm-up” project
I built it just to get in the habit of taking ideas to completion
Without much intention to keep growing it, I launched after 2 weeks
Now it’s 2 years later and it’s stronger than ever, opening up new doors every day!
Funny how these kinds of projects can bear fruit if you stick with them long enough.