A Million to One
Wednesday, January 11, 2006
Look what Alex Tew did, and you get one of those "Why didn't I think of that?" flashes. It's so simple, so cheap, so mind-bogglingly lucrative that it took the 21-year-old student from small-town Wiltshire, England, not even five months to go from broke to millionaire.
Worried about paying his college tuition last August, Tew chanced upon one of those rare original money-making ideas. How about creating an Internet Web page out of 1 million blank pixels? And then selling those pinhead-size digital picture elements that make up a computer screen for a dollar apiece, or $100 per 10-by-10-pixel block, to advertisers who turn them into colorful tiny billboards and micro logos linked to their own Web sites?
And why not call this new marketing monstrosity "The Million Dollar Homepage" -- since Tew stood to make a million bucks?
At exactly 1:42:28 p.m. EST today, Tew can post a "sold out" sign on the Million Dollar Homepage. (You can see it at http:/
"I'm half-expecting a last-minute flurry of bids. I think it is going to go higher," says Tew, whose initial investment to set up the pixel page was less than $100. "I never imagined things would get to the level that they have."
Not sure initially that a single pixel would sell, Tew felt the idea had potential, so he aimed high. "I asked myself the question, 'How could I become a millionaire?' Twenty minutes later I had the answer," he says. In the beginning, he reasoned, even 1 or 2 percent of a million dollars wouldn't be bad.
The phenomenon he created has been hailed by some as a genre-changing concept in online marketing -- otherwise an advertising badlands of spam, banner ads and pop-ups. Others say it's a brilliant, one-time marketing aberration that will never be replicated.
Whatever it is, the Million Dollar Homepage isn't a pretty site -- even as it nears completion and begins a guaranteed minimum five-year lifespan. Tew calls this head-cocking creation "a big collage of different colored ads." It looks like a bulletin board on designer steroids, an advertising train wreck you can't not look at. Think "Where's Waldo?," only more cluttered and without a Waldo. It's like getting every pop-up ad you ever got in your life, at once. It's the Internet equivalent of suddenly feeling like you want to take a shower.
But its conceptual beauty is that it's not designed at all. How the pieces fit together is totally random. Buyers create little ads and choose open ad space on a 10,000-block grid. It's more than 2,000 advertisements, their dimensions ranging from postage-stamp size to a Tart N' Tiny candy (sorry, we couldn't think of anything else small enough to compare!), displaying words normally red-flagged by spam filters -- EZ Money! Hair loss? Poker! Loans! Get Girls! Freebies! Cancer Cure! Casino!
Some of the ads are illustrations or photos -- images of bikini babes, cartoons, Che Guevara, the British flag, a marijuana leaf, a bull's-eye, the dollar sign. When you drag the cursor over any one of them, a small read-out appears identifying the advertiser -- dating services, online poker, loan companies, bookies, bloggers, ring tone sellers, snoring remedies.
Within the first month the site was getting 200,000 unique visitors daily, and more than 3.2 million in the past two weeks, Tew says. "The more people talked about the site, the more money I made," says Tew. "And the more money I made, the more people talked about the site. It's a self-perpetuating idea."
The idea has inspired a bad case of pixel envy online. More than 1,000 copycat homepages have cropped up hoping to duplicate his success -- from the Zero Dollar Homepage, which gives pixel blocks away and tries to make money from banner ads, to "The Most Expensive Pixels on the Internet" that sells space for $1,000 per pixel.