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Blogging - And Making Money




Treating Your Blog Like A Business

If you want to make money with your blog you have to have the mindset, that your blog is going to be your business. That means, just like a website that is up and running with the purpose of making money-you need to follow the tax codes-Federal and State.

Thus, when you set up your blog you should consider some of the following:

1. Name of your blog. Your domain name gives you a presence and creditability.
2. Your feed/subscribe information should be on every blog page
3. If you've set up beginning categories-make a post for each of those entries
4. Start with the basics, stay focused. 
5. Narrow your niche. Too broad of a topic can confuse your readers.
6. Start a blog-about a topic that you have some knowledge about.


How Is Your Blog Going To Make Money?

The one question you will have to ask yourself is: "How am I doing to produce income from a blog". Are you going to:
  • Review products
  • Offer affiliate promotions
  • Do direct advertising

Let's delve a little deeper into these different methods and more.


Blogging-Affiliate Programs

Affiliate programs on blogs can work two ways, referencing your affiliate products or services within your blog, and sending them to your website. Or as a stand-alone-giving a review, testimonial or endorsement of the product or service. However, with the new FTC rules that are in place-if you have been reimbursed by the company with a free product for a favorable review or endorsement-these claims have to be stated, as well as, if you will be compensated by way of a commission if they should buy the product. Check out the FTC Rules on my web page Blogging Basics.


Selling Banner Space

I've seen this on some blogs, but it is the blogs that usually get a lot of traffic that is more likely to be able to see some success in this area. 


Google Adsense

With Blogger, you will be able to partake in Google Adsense. However, with WordPress, they state that they occasionally use Adsense from your free Wordpress blog to make money off your site. Wordpress states that in the future, they will offer an upgrade so that you can advertise on your site to make money (This is the free Wordpress platform).


Third Party Advertising

You can also incorporate third party advertising into your blog. Examples of that is Kontera. I've found Kontera to be more product based-so if you have a product based website or blog, look into it. However, you have to meet their criteria before getting the go ahead. 


Donations Page

A donations page should not be even thought of until your readership has grown and you have a following. I've seen some blogs with donation pages, but don't expect a huge return from a donations page.


Product Promotion

Some people have utilized a blog to promote their own product or service. Many build their readership before producing a product such as an ebook. Just as a side note, the ebook has to be specific to the blog topic you write about everyday.


Reviewing Products

Reviewing other companies or individuals products and services on your blog requires you to abide by the new FTC rules. Which means, that you will have to state on the blog page that you will be compensated for the product, received the product as compensation, etc. (FTC Rules overview can be found on my Blogging Basics page.)


Promoting Your Blog

Since your blog is usually content based, you will have to find a different method of promoting your blogs besides hitting the article directories. Yes, you can use article directories, but be sure to re-write your blog entry before submitting to the directories so that you forego any duplicate content problems.

So what are the other avenues that available to you?

Social Media Marketing

Once you have your blog up and running, you can look at Social Media Marketing. Examples of Social Networks are:

Examples of Social Networks are:
Metafilter
Digg
Shoutwire
Newsvine
Sphinn
Tweako
Twitter
StumbleUpon
Facebook


The above is just a sampling of the social networks that you can join. But be aware that some social networks are "subject specific". So, you will have to do some Googling to find your niche.



SEO

SEO should always be a part of your marketing strategy, if you want traffic. You can have great content, but if have not optimized for specific keywords-you're not going to get the traffic you want.

Getting a high ranking with your blog will take hard work, as well as, creating quality content on your site. Here are some things to avoid when creating your blog:

  1. Be consistent when adding information to your blog. Short spurts and or irregular posting can keep your blog from being visited.
  2. Avoid spammy words in your content. People will see the spam quickly (content will not have coherent thoughts) and drop your blog.
  3. Avoid duplicate content.



One final thought, remember not all blogs are suited to making money. So, if making money with a blog is your intent,  choose your niche carefully.



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