How to Effectively Monetize your Blog
Business → Marketing & Advertising
- Author Janise Majette
- Published June 23, 2011
- Word count 441
Getting money from your blog might seem hard for you, but it is not at all. If you are using the correct strategies to make money with your blog, then you should not be experiencing anything bad. The purpose of this article is to talk about some of the things that you can do in terms of blog monetization.
Keep in mind that blog monetization isn't limited to a single method. Many bloggers don't take full advantage of the membership model to monetize their blogs. You can convince your audience to pay for content by offering them excellent free information first. The model whereby people are given free content, which then requires a membership to access more in-depth information, with people paying a regular fee to do so, is also known as the "freemium" model. This strategy is ideal for a blog that is in a field where people are always looking for solutions. Since people are constantly trying to lose weight and are looking for new ways to do it, this is a perfect niche. So, if your blog is in one of these niches, you can apply the freemium model to make money from your blog as a membership site. A slightly more unusual method is to create a new blog, build it up until it's making a little profit and then selling it for a nice return. You are hearing correctly as there is a serious market for profitable blogs. You can still make quite a nice amount of cash from your blog, even if it is only making a few dollars in profit from AdSense every day. One of the many online marketplaces for the sale and purchase of blogs is Flippa.com. Selling your blog on such a site is a great way to make the highest level of ROI on it in a short time-frame, once it's making a certain level of profit.
Plainly explain to your viewers that you want to place their ads on your blog if they want to advertise. You should place an advertise here page on your blog that clearly shows the advertisers what they must pay if they want to advertise on your blog. Many bloggers tend to ignore this step assuming that if anyone wants to advertise on their blog, they will enquire about it themselves. That could possibly happen, but wouldn't be much easier for the advertisers if your made the process simpler? Making money from your blog isn't as difficult as it sounds. Many well known blogs are make large sums of moolah just by placing the most suitable ads and going to the best advertisers.
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