Forums Being Bought for $$$$$$, but how do they make money?

I got a quesiton. How do people make money off of forums? I seen forums, that go for like 20k. These forums usually have like 500-1000 members logging in everyday. Probably 5k+ visitors per day and over 500k posts.

So why do people buy forums so high, when it's pretty hard to make money from something like adsense off of forums.

[class101]

there is softwares with good success stories so and by not really doing much than customizing a site search spider friendly, read some here:

How did Buy a Young Entrepreneur a BMW M3 Luxury Car?

The Fastest Way to $20K

[Mark.B]

I would maintain my stance that for the vast majority of ordinary forums vbSeo does not help at all.

There are obvious exceptions, but I see people with no traffic spending all that money and they still get no traffic!

[TECK]

Originally Posted by azn_romeo_4u

that guy has an ego problem. I was reading his blog about bigfish.com and he was getting pissed cuz one guy was making more money than him.

That proves he is very ambitious, a quality, not a defect.
Every marketeer who is smart wants to make more money, not less.

I would be gelous also, if someone would make more money then me, if they offer similar content. That proves they are smarter then me, especially when I started in that business before them...

[wickland]

It's interesting to me, I don't get jealous from Shoemoney, if anything, I picture myself making a small fraction of that and being happy. I immediately get to work, it's very motivating: "Just think of making 1% of that, thats all you have to do"

Since I found his site, I've been making more and more money, you just gotta get rid of the laziness and procrastination factor. I would be so friggen rich if I could write 1000 word articles about making money all day long 9-5 but I don't know why I don't just do that, and even Shoemoney doesn't go that far (at least not on his blog). It would bring in so much traffic that would bring my adsnese sky high.

[mtlcore]

this guys has an ego problem: superaffiliatemindset.com

[Marco van Herwaarden]

Originally Posted by mtlcore

this guys has an ego problem: superaffiliatemindset.com

Could you please explain your post, i don't get it.

[TundraSoul]

Originally Posted by wickland

There are forums out there that bring in $7000+ per DAY in Adsense revenue. Think I'm lying, check out shoemoney.com and read about his Adsense Check $133k/mo. That was done generally on a forum.

You are, his forum is dead and there's no AdSense Ads displayed there so stop suggesting otherwise.

AdSense PPC is nice and will bring in some dollars but AdSense referrals are much better IMO and don't require a lot of traffic to work.

[briansol]

it all depends on the niche.

i can easily make $$$ a day with adsense, but i've yet to make a DIME with the referral program.