How to Make Money Blogging
There are two major types of
business models that entrepreneurs use to make money blogging. The firsthand
most common way to turn a blog into a profit making machine is to sell
advertising to different companies and brands who want to reach that blog's readers.
The second kind of money making blog is one that helps a single brand improve
its image by creating positive associations between the blog and the product in
the mind of consumers. Both kinds of blogs can make a lot of money, especially
if the creator has a keen mind for marketing.
If you are blogging with the goal
of selling advertising, there are two basic ways that you can go about
recruiting sponsors who want to put ads on your site; you can let someone else
do all of the legwork, or you can do the work yourself and keep all of the
revenue. Within the first group, many people make money blogging by selling
space through Google's AdSense program. The advantages of this program are
numerous, as it requires very little effort on the part of the blogger or
webmaster to begin raking in profits. However, most people discover that they
make less money through this method than they had hoped that their blog would
earn.
Selling advertising directly to
companies who want to put banner ads or sponsored links on your blog can take quite
a bit of time, but it is often fairly lucrative. If you have a lot of contacts
in industries that are related to the topic of your blog, you may want to try
to go this route. People who have a strong background in sales and are experienced
at pitching proposals can make quite a bit of money by renting blog space to
interested companies. The most serious problem with this model is that you often
have to build quite a sizable readership before you can attract advertisers,
which can mean that you have to do several months of work before you start to
make money blogging.
As blogging becomes a more and
more lucrative business, a lot of established companies are considering how
they can get into the action. One way that companies are capitalizing on the
blog movement is by having blogs that provide a kind of friendly face for their
corporation. Often, a company will employ an established blogger to create a
weblog designed specifically to appeal to that company's customers and to
create positive associations with the brand in consumers' minds. More than one
writer who never even dreamed that he or she could make money blogging has been
approached by a company and offered quite a pretty penny for this kind of gig.
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