Wednesday, July 1, 2009

Making Money with Blogs

The internet has seen an explosion in the number of blogs online in the past few years, and is that really surprising? Expressing yourself online is a great way to share your thoughts with a wide and truly interested audience. But have you ever wondered how people are making money with blogs? Or have you wondered how bloggers could possibly make money out of their pastime when there are so many of them? Its not as difficult as it looks, and the best part is that the opportunities for money-making are practically limitless.

Programs like Google Adsense allow the process of advertising on blogs to happen easily and simply. This is probably the most obvious way to earn money using your blog, and while it wont make you a huge amount of profit immediately, its all extra cash. You'll probably find that its far easier to find advertisers for your blog if your site is one that relates specifically to a special interest of yours. A blog about a certain sport, for instance, would be a good place for the manufacturers of sporting goods to place their advertisements.

You and your advertisers can make blog advertising even more lucrative when it turns into blog sponsorship. If an advertiser really likes your site - and perhaps if they've placed an ad on your site and got good results - they may want to enter into a sponsorship deal with you. Some sponsors pay their bloggers per post, and this means that you'd be able to make money more regularly with your blog. If you want to keep your moneymaking blog separate from the blog you have for fun, keep in mind that many companies need someone to write posts for their own blogs.

Using a "tip jar" is another way of making money from blogs. If you allow your readers the chance to make donations to the creator of their favorite blog, you might be surprised how generous they are... And while this might not be the option that'll make you rich, its a way of making money to keep your blog up and running, and, as your following increases, making some profit too. Before you know it, you might be able to give up your day job and become a full-time blogger, especially if you combine this income method with the others.

Blog flipping is probably the best option for someone who's serious about making money from blogs. By purchasing a blog that's new or not being marketed correctly in an inexpensive marketplace, then improving it and re-selling it somewhere where you can fetch a higher profit for it, you can make a substantial amount of money. Before getting started you should do some research about the kinds of blogs that are popular, and about which marketplaces have blogs available at the lowest prices. The most important part, of course, is choosing the right blog to improve and re-sell - it should have good potential and you should feel passionate about it.

Some more ways of using your blog to make money are involvement with blog networks, consulting and speaking, and merchandising (selling products related to your blog). The internet offers a vast array of ways to make money online, and to find more related to blogging you just have to look around. Remember that the more time and effort you spend on your blog, the better it'll be and the more followers you'll find yourself gaining. The more people are reading your blog, the easier it'll be to make money from it.

3 comments:

  1. The consumer and citizen are potentially better informed and this can only be good for the long-term health of our societies and economies.

    ReplyDelete
  2. With blogging you can earn money by just sharing the things you know about almost everything under the sun. It's easy and very convenient.

    ReplyDelete