There are three components: content, traffic, and monetization. Unless you have great content, there is no reason for people to come to your blog. You can have great content, but unless you get your word out there, you are not going to get traffic. You can have top notch content, and thousands of visitors per day, but unless you actively take steps to monetize, you are not going to make any money
There are five layers to monetization.
- Google AdSense. This will make you little to no money starting out.
- Blog post ads. Text link ads. Try Sponsored Reviews, Blogsvertise, LinkWorth, and InfoLinks.
- Affiliate Marketing. Try Amazon Affiliate.
- Using Aweber
software to collect emails to sell eBooks and online courses to.
- Corporate
blog. Say if your blog is an instrument that helps you raise money for your tech startup.
The list is a spectrum. Item 1 makes you the least money, item 5 the most. And there is a gradation in between. In 2009 I did a lot of 1 and 2, mostly 2. And I had been gearing to focus more on 3 in 2010. I had mentally picked Amazon as the affiliate program to focus on. My reasoning was the same as why I picked Blogger as my blogging platform years ago. 10 years from now Google
And so I was thinking I was going to start embedding links to Amazon
December 16, 2009: Amazon Associates And Google Blogger Now Integrated
Bloggers highlight the relevant text and the AmazonWell, I have had the AmazonProduct Finder will search Amazon’s millions of products and recommend the ones that are most closely associated with the text ....... Bloggers can then insert a link or image to that product which includes their Associates ID, enabling them to earn up to 15% in referral fees from Amazon....... Bloggers will also be able to show dynamic content in their blog sidebar using a new set of integrated Sidebar gadgets, such as gadgets for MP3 clips from the Amazon
DRM-free music store, an Amazon Deals gadget, and an Amazon
Search box.
How have you been monetizing your blog? Please share in the comments section below.
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