This is a guest post by Steven Papas.
If you want to guest post on this blog,check out the guest post guidelines here.
Blogs mean more than just a web log with a few pages of content. They mean more to search engines, to web surfers and specifically to bloggers who are now leveraging the various earning potentials there is to blogging. A lot of people now create, sell, and do all sorts of things with blogs which surprisingly, have turned into a lucrative profession for many. If you have a blog or you are planning to come into the blogging industry, here are some of the methods you can use to increase your earning potential with blogs.
We all want to build authority blogs. There is no doubt about that. But sometimes we are often faced with lack of focus, poor content quality; wrong monetization methods that totally lead to increased bounce rates and many other factors that tend to keep us from achieving our goals as bloggers. Despite these, most people just don’t want to spend way too much time on a single blog for personal reasons. Whether you have multiple blogs or because you need that money pretty fast, blog filliping has proved a faster way to bring some income. If you already have such blogs that you don’t want to keep, you can flip them on places like Digital Point, Flippa, or Sitepoint. On the other hand, you can also create a fresh blog with a good domain name and quality content and flip it in a week or two for profit.
Events like sponsored webinars, blog contests, featured story, giveaways, blog marathon, and many others also have huge earning potential for bloggers. I have seen a couple of blog owners use a single event to pull good traffic to their blog while earning some cash at the same time. If you are running a blog on dog training, you can throw an extremely publicized webinar on how to train a dog and get a relevant company to sponsor the webinar. The opportunity is limitless; a blogging tips blogger can run a contest and get a WordPress theme designer to sponsor it; if your blog is on relationship and personal lifestyle, you can get one of this dating sites, like eHarmony to sponsor a featured story on your blog; if you are writing about digital products, you can get a digital product creation service site, like Mixbook or Snapily to sponsor a featured story on your blog. The list can go on, but I hope you get the idea.
However, getting big companies to sponsor your event may depend totally on your reputation and the amount of traffic your blog commands per month. But hey, when done well, you will be amazed at the kind of traffic and income it will bring.
Sell Or Rent A Page
Let me ask you this question. If you are a business and you come across an offer of a page on a highly placed blog in your niche, will you take it? If you have a blog with good traffic, selling or renting a page will offer target customers the opportunity to gain more exposure, not just to the world but to a huge community of potential customers. Selling or renting a page is a good income opportunity for bloggers. However, owing to the fact that your customers target your blog readers, it is necessary to ensure that nothing done on such pages are meant to hurt your visitors. To this end, you must do everything you can to maintain the reputation of your blog and its honesty while allowing your customer the opportunity of marketing your visitors in a true and fair manner.
I have seen some blogs leveraging the earning potential of job boards; talking about blogs like Problogger, ReadWriteWeb, etc. With good job board software, like JobThread, WebScribe Job Board, SimplyHired Job-o-matic or Jobberx, you can create another income stream with your blog. However, job board is perfect for blogs that are focused on a particular topic. Plus you need huge traffic for this to really work.
Money widget is another hot earning opportunity for bloggers. In this program, ads will be served on your blog through a widget embedded on the sidebar of your blog. Ads that are served on the widgets can be a PPC scheme, text link ads or affiliate links. You can sign-up with WidgetBucks, ScratchBack, SmartLinks or any other company that provides monetization widgets to test out this method.
Steven from VBS is a professional photographer who also loves writing about business opportunities and technology tools he uses at work, like Mixbook and Snapily photo albums. He uses and reviews online services for digital creations, including photobooks, ecards, personalised calendars and many others. From time to time he also publishes coupons and new upgrades when available.
I agree with these methods of income. Can we flip those blogs that are earning through Google Adsense and Infolinks?
Yes, you can flip adsense blogs. They sell like hot cakes these days, especially when you have prove of income. You can even sell it for 3X the potential annual income. Thanks for stopping by Maja!
Though I am newbie on the online income scene, I would like to ask you one very simple and frequently asked questions. Can I make a decent living by a blog solely monetized using ad-sense? I have been working on few blog, the visitor count is increasing, but the income is not that great!
Blog flipping is recently becoming an active area of making money with blogging. Although I’ve not personally tried this, I see a potential in this.
Job boards are a great idea. It doesn’t just help with making money but also helps people find jobs in the niche. That’s good act+income.
Thanks for sharing Steve!
Thank you Jane.With quick-flip, one can even use the blog flipping method to generate some really quick cash by flipping, considerably, new blogs with some earning potentials.
Interesting post, especially the part on ads widgets. These days I’m having problems with Adsense as it’s converting very little. I don’t know if they’ve gone out of advertisers or if it depends on my niche but if I find boring to see more or less the same four ads on my blog imagine my readers. Given I’m having a fair amount of traffic I was thinking about pay for impressions instead of clicks, any idea for a reliable network? 🙂
Andrea, with a fair amount of traffic, like you said you are already getting, I also think it bis time to test with CPM, especially now that you are now longer satisfied with Adsense. You can start with Tribal Fusion – http://www.tribalfusion.com/SmartPublishers/
Chris @TheTraffic Blogger wrote a guest post for me about how he created a blog that was making a consistent $4000 a month and sold it for $50,000 on Flippa. The name of that post is “Website Marketing Revealed: Consistent $4000 per Month Income Sales Funnel – Sold for $50,000”
Since that time I have looked at numerous auctions on Flippa and have one thing to say: buyer beware. Their numbers just don’t add up so many of those listing sites there are blatantly lying. If you buy or sell you need to share proof of traffic and income.
That site sold well because he did NOT build it with the intention of flipping it and it made money consistently. He chose to sell a successful blog when he had other priorities – but BEFORE he sold it he was passionate about it.
What is wrong with the world is this obsession with the love of money that drives people to flood the Internet with worthless crap and take advantage of each other. Instead of focusing on get rich schemes that can only work if you are willing to cheat others we need to focus on REAL businesses that offer products and services of value.
To that end we (some 19 groups of us) have launched what will be the largest blogging contest to date. Before it was ever announced we had over 30 sponsors and now we have 42 who have contributed $6200 so far plus useful non-cash prizes. Next week I will focus on getting far more sponsors on board through direct contact.
I encourage all bloggers, small businesses and anyone who offers products or services that businesses, bloggers, or blog readers would use to check out the post I’ve put in CommentLuv and contact me directly if you would like a Word Doc with complete details.
We just installed a new WP blog for the contest at SMBcontest.com and registered the matching Twitter account @SMBcontest and are using a formerly unused hashtag of #SMBcontest – all to make it really easy to keep track.
The Contest launches April 15 so if you want to sponsor the earlier you get in the more visibility you will get throughout the contest. See the post and that site for details.
Hi Gail, I visited the growmap blogging contest and indeed this is big. Thanks for the tips about the auctions on Flippa.
As you mentioned, many bloggers now heading towards blog flipping! And making quite a good handsome amount per month only! i am thinking too to try my hand on that!!
I would find a site that pays by the article instead of depending on AdSense for all my income. AdSense is a legitimate program, but it can be kind of hit and miss. With the resources I mentioned, you know that if your article is accepted you *will* be paid.
People with lots of blogs should certainly considering selling any that they’re no longer passionate about. It’s common for people to think they’ll “come back” to a blog at a later date but once it’s pushed to one side people rarely do in fact go back to it. The longer blogs are left alone the more their sale value decreases.
I haven’t thought about hosting events. It’s really a great idea. I have been using paid links and AdSense and it’s been quite good and honestly very easy. I’m thinking that maybe an attempt to host an event to will be to much advertising for my readers. I don’t know if it will work out for me, but i will definitely read and research more about this anyway!
These are really a very tips for good income and i have been just using ads to earn but the earning is not enough from it. But it is only for me as i have seen many other who have been earning a handsome amount from it.