Developing Skills To Make Money Blogging
by Larry Rivera | on February 28, 2012
Make Money Blogging – Business Models
There’s two major kinds of business types that online marketers use to make money blogging. The 1st and most common strategy to turn your blog into a profit making machine is to sell advertising to different companies and brands who would like to reach that blog’s readers. The 2nd kind of money making blog is one that helps a single brand develop its impression by creating positive associations relating to the blog and the product in the mind of customers. 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 thinking about how they may jump 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, an organisation will employ an established blogger to create a weblog designed specifically to appeal to that company’s customers and to develop positive associations with the brand in consumers’ minds.
More than one writer who never even dreamed that he or she could possibly make money blogging has been approached by a company and offered quite a pretty penny due to this sort of gig.