Monday, April 23, 2007

Blogging for Profits

Can you imagine earning money for expressing yourself? It may sound too good to be true, but there are plenty of people already doing it. They are Internet bloggers, and they may be working either as individuals or as corporate employees, trying to build customer relationships which will improve both their market shares and their profit margins.

Can you support yourself with a simple blog? Well, if you have the right blog on the right topic, yes. But just any blog will not do it. Your blog has to offer something which will attract an audience, because money-making blogs are, first and foremost, advertising vehicles.

Maybe you blog just because you love the freedom of expression it gives you. Maybe you blog privately, pouring out your innermost thoughts to a nonjudgmental ear. Maybe you are a reach-out blogger, trying to get raise awareness for your favorite charities and causes. Maybe you blog to make friends and influence people, or to find your soul mate. Maybe you blog because you like attention. And just maybe, you blog to make money.

You can blog for any of the above reasons and make money at it. But first you need to learn about the two ways in which blogging can build your bank account: the direct, and indirect, income methods.

You can either make money from your blog, or you can make money because of it. That may seem like splitting hairs, but it's really not. Both ways depend on how successful you are in attracting readers.

Many people use their blog to earn income as affiliate marketers. If you can draw an audience to your blog who will then click on links you provide to other marketers' websites, those marketers will pay you a commission if your referrals buy something. You first have to sign up as an affiliate marketer at the other sites, and then build a blog or blogs to attract people who will be interested in whatever those marketers are promoting

You are effectively targeting an audience for that marketer, saving them the cost of advertising. But blogging as an affiliate marketer means you will have to restrict the topic of your blog to material related to what the marketers are selling. If you really want to blog on animal rights, don't post affiliate links directing your audience to hunting weapons.

If you have been blogging long enough and well enough, you may consider "branding your blog" and selling items with your blog's name or logo--coffee mugs, caps, and T-shirts can generate both income and curiosity, possibly bringing in new readers. But you have to be really sure of your audience's loyalty before shelling out the expense for the merchandise.

If you are exceptionally sure of your audience's devotion, you may even ask for donations from time to time, should you not be making enough to keep spending the kind of time it takes to maintain your blog properly. If your blog has become a favored gathering place for your readers, the idea of having to look elsewhere for the same camaraderie and quality input may make them happy to contribute.

If your blog is taking up so much time that you will have to make a choice between it and your day job, consider making it a subscription blog. But only do that if you have a blog so unique that no one else is offering the same thing for no charge. If you are at the top of you field in a given subject, you just may be able to make a subscription-based blog work.

You can also make money from your blog by building it into a real audience grabber with sophisticated graphics, first-rate, current content, and a wide readership, and then selling it. You can offer your blog on one of the many Internet auctions, giving potential buyers a chance to view its quality and the size of your reader base.

Affiliate marketing, branding, asking for donations or subscriptions, and building a blog to sell it are all direct income ways of making money from your blog.

Indirect ways of making money from your blog include making yourself available to provide content for those who like your writing. By supplying your blog with accurately researched, understandable, and well-written original content on a regular basis, you may come to the attention of people needing freelance writing done for both online and offline publications.

Your blog, if well-written, may also generate speaking opportunities for you. Your readers may belong to offline groups looking for someone to conduct seminars on the topics your blog covers. While there may be no fee for some of these offers, you might take advantage of them as ways to network, and attract new readers.

The larger your audience, the more chance you have of employing direct income methods to turn your blog into your full-time job.

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