Monetization is really important, bla bla bla…we all know how important it is to find new ways to grow our revenue streams and I dont think theres any need to explain that point anymore before explaining just why the following tricks are so important to practice in order to earn (more) money. Before I get to the actual tips I need to go over a few things such as building up to a revenue, nothing good isn’t achieved without hard work, they say that for a reason, just like in order to get a good pagerank you need to get alot of links, you need to work alot on your blog in order to be a 4 figure blogger. I know 4 figures don’t sound like alot but everyone has to start somewhere now, I’m already a 3 figure blogger so a 4 figure earning month would be milestone for me. If you set your sights too high you might never get there, its easier if you start off small, If you are earning nothing then your goal should be more like 10-40$/month, if you are already doing that then your goal should be 100$/month, every other zero that gets added to your monthly income is a milestone and you should make a goal to keep increasing it further on.
So, lets talk more about monetization, I’ve covered several areas of blog monetization before but this is like non other.
Content for monetization
If you want to make money blogging, you need content and alot of it. Alot of content over a short period of time could work if it’s really really good content, more like viral content. Otherwise it would only dampen your blog’s growth. Gradual growth is what I aimed for with my blog, it gives me more time to go over my tactics and strategies for growth and earning. 1 post a day and 500$/month is how i like to grow at a time. This blog went from 0$/mo ti 800$ in only 5 months (its a big deal for me, atleast) and is still growing, that’s a good sign because it’s still evolving.
Remember, content is, always was and always will be king. The more you blog uninterrupted, the more you will earn in the long earn, this is a rock hard fact, the more you blog useful things, the more value you build up around your blog this is also known as authority.
Premium Advertising
Just like in games, when you use something alot, you get to level up, this is how I explain premium advertising. If you practice selling ads alot on the same medium over and over, you will get a break once in a while that’s going to get you even more money then usual for the same ads. I prefer selling ads through sitepoint lately I was promoting ad spots on the blog but now I’m going for selling reviews rather then ad spots because the last few days I was approached by Adphillia , now they control 3 ad spots on my blog for which they will handle the advertisers and such. This is what I like to call premium advertising because this gives me another revenue stream.
Keep doing something long enough and you’ll get good at it.
Stores, Affiliates and more
Everyone likes to sell products because it’s so easy and cheaper then blogging for money, even I am adding an exclusive store to my blog so that I can review and sell currently hot products, this is something I recommend to all of my fellow bloggers, either get alot of relevant affiliate products, If not, then make your own products and start selling them on your blog asap, this is a major step towards being an authority within your niche. Blogging isn’t all about just teaching its also about communicating and networking with your audience on a new level.
And at the very heart of blogging, it’s all about making money or finding ways to make money doing what you do best.
May 24th, 2008 at 1:47 am
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