This Free Conversion Website Makes $1 Million a Year

Check out FreeConvert.com 👈

It’s a file conversion platform that lets you convert files to different formats.

Like…  

• JPG to PDF
• MP4 to MP3 
• PDF to Word

Basically, a collection of small utility tools – apparently more than 1000 of them 🤯 – that can help in day-to-day work.

Some of their top-ranking keywords…

• video compressor
• mp4 to mp3
• mov to mp4

The domain has been registered since 2007 and the site has been active since early 2018. So, it’s safe to assume it’s been 5 years since a proper restart (probably by new owners).

According to SimilarWeb, the site gets about 8 million monthly visitors 📈

If we categorize their traffic as “business & industrial” on the official Google Adsense calculator, their earnings from display ads alone could be well over $1 million per year 💰

Their monetization strategy…

1. Free access with display ads
2. Paid access (for power users)
3. API (for developers)
4. Donations

This way, they’re catering to a whole range of different customers, and differentiating themselves from other free tools in this space.

It should be fairly simple to create a simple free tools site nowadays with the help of ChatGPT, but I reckon the hard part is finding an untapped niche where there is less competition 🤔