Hello everyone,
I would like some suggestions. I have been live for about 9 months or so now and my site isn't making any money. I am not too worried about it because this is something I started between college and my first job, so it is an on-the-side thing that is more of a hobby than a business. However, I am beginning to work on some other projects and my site is taking up time, so it either needs to start making $$, or I need to get rid of it. I do not know if the lack of success is because I am not getting the traffic I need or what. I have checked my prices and they are very competitive with everyone else, so I tend to think I am just not getting the # of visitors I need. I will admit it isn't getting updated nearly as much as it should, so that’s hurting with search engines I think. I think that if I were getting enough orders to make a little $$, I would not be so reluctant to put the time necessary into it. I know, what comes first, the chicken or the egg....
Anyway, what it all boils down to is this:
1. Does "purchased" SEO, such as 3dcarts service work?
2. If so, how much does it really cost to start seeing results?
3. What about paid advertising? The little bit I have done has increased traffic, but not produced enough sales to pay for itself... I am quite possibly advertising in the wrong place, but you can see why I may be nervous about buying a $1500 ad space on a forum with my cheap one isn't generating enough sales to pay for itself.
If those questions have grim answers, I think it is probably time for me to seriously consider shutting it down. That brings me to another question. Should I shut it down and kill the whole thing, or sell it? If sell it, how in the world can I determine a fair value?
I am not in a hurry here, and a good thing about 3dcart is it isn't killing me each month to maintain a $65/month website hobby

However, I do want to weigh my options, make a decision, and go with it. I can't stand the stagnant mediocrity where I am at the moment.
Thanks!
DC