There are more and more oppotunities for bloggers to generate revenue but the two big ways are still selling advertising on your blog. The most common way to profit on your blog is to sell advertising to different companies and brands who looking to reach your audience demographics. The second way to money making blogging is to help a single brand improve its image by creating positive associations between the blog and the product in the mind of consumers. Both ways have the potential to make some serious money if done by a blogger that really understands internet marketing.
If your goal is to make money blogging by selling advertising then there are a two of ways to go about it and they are to either sell the advertising yourself or outsource this task to a company that does this. Within the first group, many people make money blogging by selling space through Google’s AdSense program. The advantages of this program are numerous, as it requires very little effort on the part of the blogger or webmaster to begin raking in profits. However, many discover that they make less money using this method than they had hoped.
Selling advertising directly to companies who want to put banner ads or sponsored links on your blog can take quite a bit of time, but it is often fairly lucrative. If you have a lot of contacts in particular industries related to your topic, you may want stick to this industry. People who have a strong background in sales and are experienced at pitching proposals can make quite a bit of money by renting blog space to interested companies. The most serious problem with this model is that you often have to build quite 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. Companies are now looking to emply an established blogger to help associate the company brand in a positive light. More than one writer who never even dreamed that he or she could make money blogging has been approached by a company and offered quite a pretty penny for this kind of gig.
Stay in touch with the conversation, subscribe to the RSS feed for comments on this post.
Making money on blogs is exciting and opens a whole oppurtunity in making money at home. I do make money on may 5 blogs about health and medicine.
January 18, 2010 at 4:33 am