Summary of "These Websites Make MILLIONS...Using FREE Public Data?!"

The video explores a lucrative business model where websites generate millions of dollars by aggregating and organizing free public data, without creating original products, content, or services. These websites compile publicly available information, present it in a user-friendly way, and monetize access through subscriptions, affiliate commissions, or sales leads.

Key Websites and Their Models:

Oasis Water - Revenue: Close to $1 million/year - Model: Aggregates water quality data from public sources and links it to scanned bottled water products, showing contaminants. Monetizes via app access.
Spotcrime.com - Revenue: Over $7 million/year - Model: Aggregates crime data nationwide and presents it on an interactive map by ZIP code. Monetizes through traffic and potentially ads or subscriptions.
Nomad.com (formerly Nomad List) - Revenue: Over $500,000/year - Model: Compiles data on cost of living, Wi-Fi speed, weather, etc., to rank best places for digital nomads.
Watchcount.com - Revenue: Estimated $4.8 million/year - Model: Scrapes eBay for most-watched items, ranks them, and earns affiliate commissions on sales.
Greatschools.org - Revenue: Over $2.5 million/year - Model: Aggregates and ranks public school quality data by area.
Opencorporates.com - Revenue: Over $5 million/year - Model: Scrapes new business registration data and sells it to law firms or service providers targeting new businesses.
Foreclosures.com - Revenue: Over $2 million/month - Model: Scrapes foreclosure data and sells subscriptions to real estate investors.

Business Model Insights:

These sites rely on publicly available data, organized and presented in ways that add value and convenience.
Monetization methods include subscription fees, affiliate commissions, and selling leads.
The model is scalable and applicable to many niches like food contaminants, weather allergies, lost pets, and more.

Tools and Methodology for Building Similar Websites:

Data Scraping Tools: - Octoparse (no-code, beginner-friendly with preset templates for sites like YouTube, eBay, Amazon) - Other AI scraping tools for extracting and organizing data.
Data Organization: - Use AI tools like ChatGPT to clean and structure scraped data.
App/Website Creation: - Use tools like Replit.com to automatically build apps/websites from data without coding.
Automation: - Use Zapier to automate regular data scraping and integration with websites.

Traffic Generation Strategies:

Heavy use of social media platforms like Instagram Reels, YouTube Shorts, TikTok.
Use engaging, curiosity-driven content or "scare tactics" to attract clicks (e.g., “You won’t believe what’s in your water”).
Example: Oasis Water drives over 10 million views per month through social media, fueling nearly $1 million in revenue.

Summary:

This video highlights a powerful, low-barrier business model leveraging free public data, AI tools, and social media marketing to build profitable websites. It provides inspiration and practical tools for entrepreneurs interested in data aggregation businesses.