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One Buck Wiki, is it the new million dollar idea? Well, whether if it’s a million dollar idea or not, the people behind this work of art is making it big. Could it possibly end up being better than Graham Langdon’s Million Dollar Wiki? Keep reading and you’ll come up with your own answer to that question.

I’m sure most of you have already heard of One Buck Wiki after a ReviewMe was purchased on the evil John Chow’s page for $400 smackers. Not all reviews done by John give huge amount of traffic to the reviewed site, but to my amazement, the review for OBW got the site over 500 in pages sold. That might not be more income than what MDW brought in, but I can tell you that OBW is receiving a lot more attention than them.

Going off-topic for a bit:

Million Dollar Wiki seems to be going down in sales and I don’t know if there have been sales lately, but the last sold page was on 10/27. I love his new Entrecard idea, but he really needs to get MDW going again. I also need to add that after the interview/review I did for him on my blog, he never replied to me with a thank you. He did finally reply to a message, but it was a message that I left on his blog about entrecard.

Interview with Max (member of the OBW team):

Why did you open OneBuckWiki even after MillionDollarWiki launched?

Well, honestly, I was driving across the Bay Bridge after losing my job.
On top of that, my girlfriend had just gotten pregnant. With barely 3
months of rent saved up and $30K in debt, I had to think of an idea. Well,
as I cross the Bay Bridge, I somehow thought of the Million Dollar Wiki I
read about on John Chow’s blog. Then as I got to my destination, I saw a
Dollar Store that me and my girlfriend used to go a lot. It hit me then,
that you could sell the pages for one dollar and sell million pages.

Did you initially think OBW would be successful?

Well, I wouldn’t say One Buck Wiki is anywhere near successful yet but I
didn’t expect to sell over 1000 pages in just 2 weeks.

OBW is currently beating all the competitors, which include MDW itself. What do you think of that?

Well, as far as number of pages, One Buck Wiki is out-selling the other
paid wikis but MDW still leads in dollars. I don’t consider any of the
paid wikis as competition but as partners, especially Graham Langdon from
Million Dollar Wiki. We’ve been working together on random projects here
and there. He’s a nice guy and I even wrote a MediaWiki extension for his
new EntreCard. We also made Pligg.com, which is short for, “Paid Wiki
Digg”. It’s just a experimental site for any paid wiki sites but we are
not really pushing it to bring more traffic but use it as a SEO tool for
all paid wiki page-owners.

As days pass, it seems like the sales for OBW is slowing down. How will you cope with this?

Well, OBW will be opening up sales for a page at one dollar again just to
increase the speed of sales. We should have pages for one dollar again
within the next 2 weeks or so. We expect to sell out 2000 pages very
quickly once the price drops back down to one dollar. If you want to get
BANG for your dollar, like our motto, you should really keep an eye on the
price drop during the next couple weeks. We don’t know how fast we will
sell additional 500 pages but price hike has definitely a proportional
effect on the number of pages sold per day. Heck, we might even let it go
for a dollar until we hit 3000 pages so we have more content and user
activity.

How will you bring more sales?

As in the last question, bringing the price down back to a dollar will
increase sales. We are also going to have “Best Wiki Page of the Week”
contests where page owners can win prizes sponsored by advertisers.

What’s the future of OBW?

I think once we start selling more pages again, One Buck Wiki will really
exponentially grow. Besides, we are already working on the Quarter Wiki.
(It might be launched by the time this interview is posted.)

We are also working on to offer paid-wiki setup services for anyone who
wants to create such a site. But we only try to work with people who have
a new “scheme”, a niche, or a new idea. Just selling pages for money is
great but Entrepreneur niche-focused sites like our new
http://EntreWiki.com might be the future of paid wiki sites.

Just remember when blogs took off like crazy. Everybody started talking
about how you can make money with blogs and what celebrity was on which
blog. The blog market is so saturated right now, it’s hard to make a
living unless you are John Chow. I personally ran about 20 blogs before
jumping into the paid wiki market and almost as much money within 2 weeks
with a paid wiki than with all of the blogs together over period of a year.
Maybe I am not the best blog marketer like John Chow, but I think paid-
wikis are the untapped Web 2.0 market that still not enough people know
about.

You go to the Barnes and Noble nowdays, you can find about 30 books about
blogging and 1 or 2 books about Wikis in general. I remember going to the
bookstore last year where I’d find 100 books about making money with eBay
and 1 or 2 books about blogs. Well, I could be wrong, but if I am right,
we might as well start the Web 2.5 revolution with spam-free paid wikis.
Blogs will never die, but there’s always a lot of room for exponential
growth with Wiki sites.

Why did One Buck Wiki receive a review when they’re not a blog? Max visited my Bloggin-Ads when we weren’t even opened yet, so he deserves a review. I gotta say that the people behind the Zedomax network has a lot of potential on making it big. They simply do not leave anything behind and make sure there is much customer satisfaction. Max was nice enough to create a coupon code for my viewers, so make sure you enter it if you’re buying a page at One Buck Wiki ( Code: Mike ) Make sure you check them out, including their new QuarterWiki. Remember to also look forward to the decrease in price for OBW back down to $1 !!

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Update: Seems like after this post was published, Mr. Langdon over at Million Dollar Wiki made two posts saying that MDW is still going “strong“. He also FINALLY updated his main page with all the sales in November and it merely totaled up to 29. It seems like he now knows there is competition and he’s trying to sell MDW to cover new costs. Unlike One Buck Wiki, MDW needs to stay organized and keep things straight.