I see countless forum threads asking about how one can make money with their blog. It’s probably cause most people don’t make money with their blogs. I think the main reason is cause all they do is slap adsense on the sidebar or header and expect money to magically appear. That’s not how blogging works. You have to keep changing your ads and keep writing interesting posts. You have to find creative ways to push certain affiliates. You have to spend some money too.
If you are really serious about making money online with your blog, you better treat it like a real business. Meaning, you have to spend hours working on your site. You have to spend money on ads to promote your site. You have to make sure readers are happy and you have to make sure they come back.
Money is made in a variety of ways. You can monetize your blog with affiliate links, paid posting, adsense/adbrite, and private ad/link sales. Of course donations can be accepted, but that horse has been beaten to death. The best way to monetize your site is with private ad sales. The big money makers like johnchow get most of their income from private ad sales. Of course, this is the hardest revenue stream to set up. You would need to grow your blog first before anyone would ever think about advertising on your blog. Its rather funny to see noobies put up 125×125 ad space available signs on their blogs. Like anyone would bother buying that ad space. With 15 RSS readers, i don’t think you could even sell that space for a dollar. First make sure you grow your blog before you try to sell ad space.
Of course, blogs can grow organically without spending any cash. But usually this takes times and a lot of sweat. If you’re looking to create a blog that generate $1000 plus a month in it’s first month, you better be ready to spend some cash.
I didn’t spend much money setting up bloggernoob. I think i’ve only spent like $200 dollars or so. That’s including the hosting and domain. I did spend a lot, i mean A LOT of time on this little blog. I’ve been lucky cause this make money blog has grown considerably fast and i think that’s why i continue to try to improve this site with a lot of quality content. I’ve made around $2000 with this blog, and it’s hasn’t even been two months yet. That is why i’m ready to treat it like a real business and start spending some advertising dollars. I’m starting to do some contests to attract visitors and RSS subscriptions. I’m also getting people to write about this blog to up my technorati ranking. I might even pay for reviews and links from other bloggers. I won’t pay for a review on johnchow tho. I think that’s a waste of money. I would much rather spend the same dollar amount on reviews from sites like johncow. Medium sites that i actually like to read. I know johnchow would give me a quick boost, but after reading posts from people who have gotten reviews from johnchow, i think i’ll pass.
When you hit the casinos, you should have a game plan. Gambling is in no way a solid form of investment(except poker), but i think there is a proper way to gamble in order to maximize profits. I have a similar view with business investments. There are correct and incorrect ways to treat your investments. Blogs should be treated like a business if you are serious about making money off your blog. If you only want to spend 10 dollars, you better expect to only make around a dollar or so. If you don’t want to spend money, you must supplement that ad dollar with sweat dollar. Meaning, you must work twice, three times harder then the average blogger. When i hit up the blackjack tables, i take around $2000-4000 with me. If the cards run good, I’m expecting to make around $1000-$2000. I think that’s a reasonable ratio. Of course, with blackjack, i know that there is a higher percentage of me losing $4000 to me winning $2000, but that’s gambling. Businesses are not as risky, but you must still consider the risk factor. Internet business, particularly blogging, has a low barrier of entry. Any idiot with a few hours can start one without investing any capital. Any idiot can buy a johnchow review. That’s not going to make him any money tho. The idea is to invest wisely in your ad dollars.
I like my gambling analogy so i will run with it. If i take $100 to the blackjack table, it’s possible to win thousands, but very very unlikely right? Most likely i’ll just lose the $100 trying to win a $1000. But if i go to the table with $1000 trying to win a $100….Now that becomes do-able. If you spent $10 for your domain, and $10/month for hosting, and you expect to churn out a few grand, you’ll mostly likely waste your hosting fees and eventually give up. I see a lot of blogs like this. They write a few posts a month and then you see a big gap in their archives. But, if you added a few hundred dollars to strategically promote your blog, A. you will find yourself working harder cause of the money you spent. B. you’ll also receive traffic, motivating you to keep growing your blog. C. Speed up the growth stage of your blog.
This blogs makes $1000/month. It’s not exactly a stone’s throw from johnchow, problogger, or shoemoney, but it’s way more then most bloggers. I would say that this blog is in the top 5% of all the blogs in the world. Why? Cause 95% of blogs are just trash when it comes to monetization and promotion.
If you want to make money with your blog, you better be serious and treat it like a real business. If your serious, you better have an advertising budget too. I recommend you hold off on spending money until you become more familiar with the internet and blogging. You don’t want to fall victim to scams or waste your money on an overpriced review(cough..johnchow). If you don’t want to make money, then why bother reading this long and boring post???
If you love JC…Don’t be offend if i was rough on johnchow. I respect his blog cause he makes bank. Still don’t understand how he does it. I mean the guy talks about cheap restaurant more then making money online. And incase you didn’t notice, i’m actually helping in promoting his site.