Saturday, October 27, 2007

Blogging For Easy Money

I am going to go over the two most common business models that entrepreneurs use to make money with a blog. The most common way to use a blog as a profit making machine is to sell advertising to many different companies who would like to have their specific product or service reach that blog's readers. The other way to use a blog for profit is to help a specific brand improve its image by creating positive associations between the blog and the product in the mind of consumers. Both blogging methods can make tons and tons of money, especially if the blogger has a good sense of marketing know how.

If you are going to blog with the intent of selling advertising space, here are two basic ideas that you can use for recruiting sponsors who want to put ads on your site. You can outsource all of the legwork, or you can do it all yourself so that you get to keep all of the revenue. With the first idea, lots of people make money with their blog by selling space through Google's AdSense program. The are numerous advantages available when using this program . It doesn't require very much effort on the part of the blogger or webmaster to begin profiting. However, most people discover that they don't make as much money through this method that they had hoped their blog would earn. By selling advertising directly to companies who want to put banner ads or sponsored links on your blog takes quite a bit more time and effort than AdSense, but it is often more lucrative.

If you have contacts in the industries related to the topic of your blog, it may be a good idea to try to go this route. While people who have strong sales backgrounds and are experienced in pitching proposals have the ability to make quite a bit of money through renting blog space to interested companies, the most serious problem with this model is that you often need a sizable readership before you can attract advertisers, which can mean that you have to do several months of work before you start to make money blogging. As blogging becomes a more and more lucrative business, a lot of established companies are considering how they can get into the action. One way that companies are capitalizing on the blog movement is by having blogs that provide a kind of friendly face for their corporation. Often, a company will employ an established blogger to create a weblog designed specifically to appeal to that company's customers and to create positive associations with the brand in consumers' minds.

More than one writer who never even dreamed that he or she could make money blogging has been approached by a company and was offered quite a pretty penny for this kind of gig. If you run a small company, you may find that the world of blogging for business owners is a world that you want to be a part of. Blogging is a great way to get the word out to consumers about your product or service, and it can even be useful for inspiring employee loyalty and helping you keep your workers at peak morale. If you are looking for a way to take your business to the next level, consider what starting a blog might be able to do for you. Blogging for business owners has a lot in common with all other types of blogging, but it has its own unique pitfalls and strengths. The key to having a successful blog as a business owner is keeping your goals clear and concrete at every step of your blogging adventure. It can be all to easy to get sidetracked, especially if you are just learning about the exciting possibilities of blogging technology, but if you want your blog to succeed you need to stay focused.

Write up a plan for how often you will update, how you will promote your blog and retain readers, whether you will feature photographs or video, and other aspects of your blog, and then stick to it with the same kind of determination that you used when you built your company.

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