- Founder of CrochetKim.com
- $90,000 income from website sale
- Published July 31, 2020 by Niall Doherty
How does Kim make money online?
Kim is the founder of CrochetKim.com, a website about crochet.
She sold the site in October 2019 via Flippa – see the listing here – and noted that the website made money via “AdThrive advertising of content and video, Amazon Affiliate and sale of digital products.”
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How much money does Kim make?
As per the Flippa listing, Kim’s website was earning revenue of $2,606 per month before it was sold, with 94% of that being profit.
Kim eventually sold the website via Flippa for a reported $90,000.
According to the CrochetKim about page, the new owners are Paul and Nicola Simpson.
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How did Kim get started?
As per the CrochetKim about page, Kim started the site in 1998 “to allow her to share her Free and Paid Patterns with crochet lovers all over the world.”
In a 2013 interview, Kim revealed that she started learning how to crochet when she was 9 years old. I haven’t found any significant info on how she built the website.
What type of online business did Kim have?
Kim ran a multifaceted online business.
According to our framework it can be broken down like this:
- Referral (Level 3)
The site earns most of its monthly revenue via display ads and affiliate income.
- Digital Products (Level 4)
When I first saw the Flippa listing for the site it was noted that digital products – eg. ebooks and pattern downloads – generated $500 per month in revenue. The website itself would also be considered a digital product, which Kim of course sold for $90k.
Other ways to make money online
There are many other ways to make money online, to work from home or anywhere in the world.