Showing posts with label blogads. Show all posts
Showing posts with label blogads. Show all posts

Thursday, November 12, 2009

How to Make Money Out of Blogging

Unless you are living in a dark cave inside the dense jungles of Amazon, you must have heard the term ‘Blogs.’ Most blogs start as a hobby or like a personal diary or for staying connected with friends and family. But there are people who have quit their regular 9-to-5 jobs to take up blogging as a full-time profession and they are called pro-bloggers.

In this first part, we discuss topics like getting started with blogs, choosing niche topics and the general rules of blogging. In Part II, you’ll learn about various methods to make money from blogs, using advertising and affiliate programmes. The concluding part III will feature advanced techniques for tracking readers, optimizing your blog for getting more traffic and how to convert those “staring eyeballs” into “serious money.”

A blog is an online website, in which posts are arranged in reverse chronological order. The activity of posting contents on a blog is called blogging, while the person who writes content is called a blogger. The entire universe of blogs and bloggers is called the Blogosphere.

Blogs gained much popularity during the US 2004 Presidential elections. Merriam-Webster also voted “blog” as the most requested definition of the year 2004. According to Technorati, a service that tracks the Blogosphere, there are 45.5 million blogs and a new blog is added every second. That’s double the rate at which Pakistani population is growing.

Even when there are millions of blogs already in existence, there’s no such thing as missing the boat. It’s still a perfect time to start a blog. After all, only a few percent of those blogs are actually putting effort to create good content. It is even possible that few blogs cover topics that you want to blog on.

This ‘Professional Blogging as a Career‘ series aims to help you turn your blog into a cash cow.

So let’s get started. Google Blogger, MSN Spaces and Yahoo 360 are popular services for creating blogs quickly. These services even provide professional looking web-design templates, incase you wish to change the default look-n-feel of your blog without requiring any programming skills. The only caveat is that you do not own the blog domain and the blog URL will end either in blogspot.com or spaces.com/username depending on the blogging service you choose.

Always invest good time in choosing a blog platform since migration to a different blog platform is not only tough (and sometimes impossible), you risk losing your site visitors and search engine rankings. For giving a more professional touch, you can consider buying your personal web domain name and install the Wordpress blog platform. Wordpress is free to download, community support is excellent and millions of users are already using it. Another good alternate is the Movable Type publishing platform.

Once you have a good blog domain, the next question in your mind is – what should I blog about? Since I want to make “real” money, should I blog about Asbestos related lung cancer or NYC lawyers, since these topics attract the top-paying advertisements? Or should I write about my cat, activities of my school-going daughter or what my wife cooked the last night?

Choosing a niche for your blog can sometimes be the toughest part. But here’s a simple answer – write on topics that you are passionate about. Think of topics that really interest you, topics on which you can continue to write for months to come.

Your blog can be just about anything ranging from shoes, cooking, technology or even about the latest happenings in your city. You will always find readers who are interested in your topics, provided you keep supplying them with good content. But if million other bloggers are already covering your favourite topics, study their blogs and research areas that they are neglecting. Then you will have just discovered your niche.

To be really successful as a blogger, you always have to keep your momentum going. New bloggers tend to write too many posts in a short span of time, or write infrequently over a long period but the real target should be to write regularly. Publish at least one good post per day. Visitors will revisit your website in the hopes of seeing new updated content, it becomes your duty not to disappoint them.

Once your blog is up and running, there’s a big urge to send an invite to friends and relatives. Before doing that, ensure that you have written at least 10-15 good articles. All links must work and there should be no “Under Construction” pages. This may give a bad impression and visitors may not bother visiting you in future.

There are a couple of rules that bloggers must strictly follow. Most important, if you quote from another website, always give credit and a hyperlink back to the original story. For images, the issue gets a little more complex. Always check the image licence before using it on your blog. Do not hotlink images, since it is equivalent to stealing someone else’s bandwidth. If you plan to use someone else’s image with permission, store a copy on your own server.

Earn Money from Your Blog with Adsense, Chitika, Amazon, BlogAds

You can make money either directly from your blog or make money because of your blog. In the former method, you show advertisements to your visitors or sell affiliate products while in the latter style, you make money indirectly as blogging can help you find a new job or get freelancing work (after all, your blog is a portfolio of your thoughts, ideas and skills.)

To display advertisements on your blog, you can either partner with existing advertising programmes (like Google Adsense, Chitika, etc) or contact prospective advertisers directly (say you have a popular blog about Shoes, then Nike or Reebok could be interested in showcasing their products to your visitors).

We will first discuss the popular advertising programmes and then suggest a few other approaches to generate income from your blog.
BlogAds are the pioneer in blog advertising. BlogAds generally pay well and also provide you the liberty to choose which ads are displayed on your blog. The other big advantage is that BlogAds offer a fixed payment irrespective of the number of site visitors. But the downside is that you can gain entry into the BlogAds network, only when your website receives a decent amount of traffic and some advertiser is willing to sponsor you. That could be a huge requirement for a new blog but established bloggers should consider BlogAds, provided they find sponsors.

The biggest and most famous player in web advertising is Google. Their Google Adsense programme is hugely popular because it offers contextual ads, meaning Google spiders scan the content of the webpage on which Google Ads would be displayed and then show ads based on the context of the content. Contextual Ads offer very good returns, as site visitors are more interested in knowing about products that are related to the content they are reading. For example, someone reading about cars will show more interest in advertisements about car loans than in software like Microsoft Office. Google algorithms make sure that your site visitors see only relevant ads.

Getting Google Adsense ads for you blog is very simple. There are absolutely no pre-requirements like finding sponsors or site traffic levels or geographic location except one – your blog should stay away from topics like gambling, piracy or sexual content. Once you fit the bill, applying is a one step process. Google engineers review your site the next day and send you a small “ad code” that you can integrate in your blog. Ads start getting displayed almost immediately.

Google Ads can be either “Pay per Click” or “Pay per Impression”. Their reporting system is almost real-time – you can check at any time of the day what your earnings have been since the start of the day. Google even has the largest pool of advertisers, so you can virtually write on any topic and Google will find relevant ads for you. Also.

Chitika is another player though relatively new. Chitika Comparison Shopping Ads are generally more popular on product related blogs that write about gadgets, clothes, software since Chitika displays merchandise from Shopping.com. Chitika Ads, known as Chitika eMiniMalls, are presented in an interactive ad unit – one can compare prices from different merchants, read the main features of a product and even search the shopping database – everything inside one ad.

Chitika is known to offer good returns but there’s one drawback. Though anyone can apply for their programme, Chitika won’t pay you for traffic from India, Pakistan and some other countries. That means if a site visitor in Pakistan clicks a Chitika ad, the site owner won’t receive any benefit. Sites that primarily receive traffic from US, UK can consider Chitika as a good alternative.

TextLinkAds and Adbrite are other popular site-targeted non-contextual advertising programmes. They are extremely popular with gambling, adult content and file uploading sites like rapidshare or megaupload. The reason that these programmes are popular lies in the flexibility and small entry-level requirements – an advertiser can choose to run his ad on your site, for just one day or maybe seven days and immediately calculate the conversion ratio. No bidding competitors and the ad is guaranteed to run on the blogger’s website. These programmes are particularly popular among small advertisers or who do not fit the Adwords Policies. Recommended.

So we have looked at advertising, now let’s examine some different approaches to make money from blogs.

Become an Affiliate – Companies like Amazon, ClickBank, Commission Junction offer affiliate programmes – the way they function is that you promote a product like a book or a software on your blog, your readers visit the merchant’s website and when they actually buy it – you get a commission ranging from 5% up to 50% of the sale proceedings. Remember, the ratio of a site visit converting into a product sale, is very low.

Donations – Don’t be surprised, you can actually make good money from Donations – There are a lot of “good people” on planet earth who are willing to share their fortune (maybe just 0.00001%) provided they enjoy reading your blog and probably benefit from the blog content. For example, if you wrote about some fuel saving tip and if it actually worked, people may be interested in sending you a token of appreciation via Paypal.

There’s one more option ‘Sell your Blog as a Brand’ – If you are a popular blogger and have a huge fan following, it’s time to capitalize on it. Start selling T-shirts, coffee mugs, handbags with your logo and your fans will actually buy them. CafePress is a popular choice here – When someone makes a purchase, Cafepress sends you a commission.

Or if you can write eBooks on your favourite subjects, Blogs can be a good selling place.