Wednesday, May 21, 2008

Top Five Ways to Monetize Your Blog

Blogging is huge right now and growing each day. Along with social networks it is the foundation of the net. Blogs range from a diverse multitude of subjects there really are too many to mention. It is also easy to start a blog based on a topic of interest or area of expertise and to share one's knowledge of this topic.

What might not be easy is how to maximize the potential of your blog. You may choose to blog periodically or to keep a daily or weekly log. Afterall, 'blog' is short for weblog. You may choose to tie it in with your other blogs, websites or social networks to which you belong. Maybe you would like to use blogging to generate more leads and traffic or get the word out about some other exciting event on the net or in your world, or all of the above. What probably peaks your interest the most, though, is how to monetize your blog or make money blogging.

Here are the top five ways to make money blogging and you will learn and master them as a member of the Quick Video Marketing internet based training program. These strategies will apply to any type of blog regardless the subject.

The first way to make money blogging is to promote your own product. Something you want to sell, be it a report, an ebook, a service, your website, a tangible product that you would mail to a customer, or whatever. Something that is uniquely yours that you legally have the right to sell that you can go on and on about on your blog in such ways that interested parties are attracted to this particular offering.

The Second monetization method of blogging is to offer, endorse, refer, or recommend a product or service of someone else's. This is commonly referred to as being an affiliate and it can be very lucrative. You can be an affiliate from a small informational product right up to huge retail giants like Target, Bass Pro Shops, or Neiman Marcus. This may seem overwhelming and confusing at first but once you learn the basics it is very rewarding. This method of commerce predates the internet thousands of years. It is basically getting paid to send someone else customers. Online, however, tracking links and cookies are used so you receive proper credit.

The third method is to put pay per click ads, such as Google adsense, on your blog. You receive money from the clicks generated by reader's of your blog The related text ads are set up to appear based on the content and a certain percentage of readers will click the ads. This method has made many a fortune, but it relies heavily on massive traffic. Don't let this deter you because you never know when your blog may go viral. Also, this is something that you can watch grow over time and make subtle adjustments when needed. And of course, your blog will be improving every day.

Method four is to utilize nontextual pay-per-click ad revenue programs. One program is Chitika, and like Adsense is free to join. When your blog content relates to a subject, the item appears nearby on the page in a clickable picture window. This is particularly beneficial for techies. For example, if your blog entry is about the pros and cons of using the iphone, a clickable window with an iphone will show up on your blog based on code that you insert, so when someone or hopefully a lot of someones click on the image, you will receive money in your account.

The fifth and least glamorous way to make money blogging is to build a following and market to them at a later time. Don't overlook this because this may very well turn into the foundation for future success. You will take the necessary steps to keep this following by offering good, solid, interesting information; the same thing that attracted them in the first place. This is important because if you offer value to this group consistently, you will have their loyalty for a long time.

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