Sunday, August 26, 2012

5 Ways to Make Money Blogging (Once You Have Traffic)





5 Ways to Make Money Blogging (Once You Have Traffic)


This is the last post in our series of tips for bloggers who have gone through their launch phase and want to grow their blog to the next level. In it we’re going to talk making money from your blog.

Making Money From a Blog – Moving Past AdSense


While it is possible to make some money with a blog of any size – your chances of earning income from a blog do generally increase as you increase your readership numbers.

Many bloggers start out monetizing their blogs using ad networks like AdSense. While ad networks like AdSense can still earn you a nice income as your blog grows (many large blogs use them) – an increased audience will also open new opportunities to you as a blogger.

1. Direct Ad Sales


One thing that becomes possible as your readership grows is that you can begin to attract your own direct advertisers. I’ve written on this topic numerous times before so rather than writing a long tutorial on the topic let me point you to some previous posts:

Find a Sponsor for your Blog

10 Ways to make your Blog more attractive to advertisers

How to Find Advertisers for Your Blog

Finding Advertisers for Your Blog

How much should I charge for my Advertising Space

5 Ways to Find Direct Advertisers for Your Blog

2. Ad Representation


Many bloggers struggle to sell advertising on their own blogs. Most bloggers are not experienced in the area of ad sales, don’t have contacts in the advertising industry, are unaware of how much to charge or even what technology to use to serve ads. Most of us also are passionate about writing content and building community – the admin of finding and interacting with advertisers can often be a distraction.

One alternative once you have a reasonable amount of traffic is to outsource your ad sales. Some blog networks and ad networks will handle this kind of thing for you once you have enough traffic. Generally you need a fair bit of traffic for them to look at you but in these tough economic times I suspect we’ll see more and more services to do this.

3. Start Your Own Ad Sales Network


One thing that I’ve been hearing more and more bloggers doing is joining together to sell advertising as a collective or network within a niche. You might not have enough traffic to attract a top tier advertiser alone – but what if you joined with 4-5 other medium sized blogs in your niche and approached advertisers together?

4. Affiliate Marketing


Affiliate marketing can work on blogs of all sizes but once a blog has an engaged and loyal readership it can really pay off. Readers that have tracked with you for a while are more likely to buy something that you recommend than a one off visitor – so this is a particularly useful strategy if you have built a ‘community’ rather than just a blog that has a lot of search traffic. The key is to find products to promote that are of a high quality that you can genuinely recommend and that have high relevance to your readership.

Further Reading: 5 Tips for Making Money with Affiliate Programs

5. Sell Your Own Product


Another monetization strategy to start thinking about once you start seeing growth in your readership is your own product to sell.

Whether that product be an e-book, a membership area, a real hard cover book, training (online or real life), consulting, merchandise…. once you’ve got a loyal readership who trusts you and sees you as an expert in your field you’ll find that they are increasingly likely to buy something that you sell.

You’ll also find it easier to get other blogs in your niche to promote your product once you’ve build a blog with profile. I’m seeing more and more bloggers doing this and suspect that as advertising budgets get smaller in the current economic climate that we’ll see more and more of this type of approach (I’ve previously called it ‘indirect income’) by smart bloggers.

Further Reading: Making Money BECAUSE of Your Blog – Indirect Methods.

Written on 2/19/2009 at 12:23 am by Darren Rowse

5 Ways to find Direct Advertisers for your Blog

Filed Under: Advertising, Featured Posts

It is the goal of many bloggers to move from monetizing their blogs with ad networks like AdSense into selling ads directly to advertisers. But getting into this game can be difficult – particularly in the early days while you’re still growing traffic.

Below are 5 ways that I secured direct ad deals with sponsors in the early days of my first blogs:

1. Type your blogs topic into Google


What advertisers come up above and to the right of the search listings? These products and services obviously have budget for advertising online and are looking for exposure and could be open to a direct relationship.

2. Visit other blogs, forums and websites in your Niche


Who is advertising on them? These advertisers are targeting sites on a similar topic to you and are more often than not willing to test new sites that have relevance to their industry.

3. Identify Affiliate programs in your niche


Some affiliates will also be interested in an advertising relationship with your blog. This may or may not be in your best interests to pursue depending upon whether your readership converts with affiliate products.

4. Hit the Classifieds


When I first was looking for advertisers I looked at what local photography businesses were advertising in magazines and papers here in Australia and I got on the phone and rang them to see if they’d be interested in placing an ad. Most had never done anything online before and quite a few took the step in buying an ad.

5. Online Stores and New Sites


This is another tactic that I used early on also with some success. It involved googling the keywords associated with my topic and not just looking at who was advertising (as in point #1 above) but looking at what businesses were listed in the search results, particularly those below me in the rankings. I paid special interest in online stores who had a direct revenue from their sites and contacted them to see if they’d be interested in advertising – quite a few did. I also noticed that new sites who were still getting established were also sometimes more willing to buy advertising.

It should be said that when you have a blog with relatively low traffic that none of these methods are going to earn you a fortune. You’ll need to be willing to price your ads relatively cheaply until your traffic grows – but securing these types of ad deals is better than no income for your blog and means that you already have relationships with advertisers to grow as your traffic increases.



5 Ways to Make Money Blogging (Once You Have Traffic)

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