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Such a great post! I get emails from people weekly who want to make money blogging and don’t understand that it’s a little more than just writing every day. What are you going to offer?
It took a consultation with a marketing professional to help me get it; and creating my business plan was a huge eye opener.
Kimberly, thanks for stopping by to comment.
Creating a business plan is very important if you are serious with your business. Glad it worked out for you.
It’s not just about blogging, it’s Facebook as well. In my opinion it doesn’t really matter what features Facebook adds or how they drive adoption of additional products at this point. The timeline feature was their large push against the likes of Twitter, Tumblr, Path, and Google+. Many people aren’t happy, so we’ll see how long social media is viable as well…
It’s a little funny that you expose. For example, the founder of WordPress.com Matt Mullenweg is focus on Blogging, he had an entire organization dedicated to provide blogging plataform to more 70 millions blogs sites (powered by WordPress) http://en.wordpress.com/stats/ and for shure, he make money for Blogging Business. Another example is David Karp or Marco Arment (founders of Tumblr) with more 33 millions of blogs and tumblr site valuated for 800 millions US$. Asking to any of them is blogging are not a business, and them we can talk about it.
after reading this post title, I could not resist but leave a comment here. Here is to answer your question. Blogging is a viable business model as long as content is king and there are advertisers. While its not just advertising there are various forms where you can make money as a blogger. For example, I can write for websites and make money, which makes me a freelance writer/blogger. I can write on my own blog and make money from adverts like Google Adsense. Its called the information service model.
When you are a freelancer, your blog is not actually making any money. However it may help you land clients. Then it’s a business tool.
Advertising on blogs is not a very good business model to follow. You need to rely on page views to generate revenue. There is very little scalability as well.
The point your missing is that I am still a blogger just that a Freelance blogger, and let me tell you about advertisement for blogs, yes, you have to do your work to get pageviews and all, as no one gives away free money. I make a decent sum of money just from ads.
I am not saying that you cant make money from advertisements. The point is that it’s not a scalable business model. Many of the top bloggers are taking down or limiting advertisements and instead doing product launches (Because they are more profitable in the long run).
I’m so amaze with this post where it contains ideas that I’ve been looking for. With these great ideas, I can apply this thing to my project. Thanks a lot for posting this one.
I think this has probably covered most bases. #1 is the approach I take with my own blog, but I tend to regard it as a means of positioning me in the industry rather than as a means to make money in its own right.
Excellent choice. Most people follow this path (This is probably where most of the money is though, directly or indirectly). When you become a thought leader, you get invited to all sorts of seminars, speaking engagements, podcasts and what not.
thanks for this great blogpost. There are so many skyscraping stories out there about earning money with your blog. And let’s face it, it’s very appealing But I think you’re right, blogging is a marketing tool to sell other products and services.
BTW, great theme you use for Conversion Champ, that’s the newest StudioPress right?
Thank you for leaving a comment.
You are right about the theme (Although I am planning to heavily customize it once I have enough content on my site)
It really does depend on how many visitors you get. I used to get a 1million hits a month on my soccer website. You can get a fair amount of many just writing on your hobby if you build up a following and advertisers will certainly want in on that.
I am not really sure about the visitor thing. Unless you make money from page views, I don’t really vouch for traffic quantity. It’s all about quality in my opinion.
Blogging itself is not a business model. It is a means to contact your target audience in order to provide products or services. In my opinion one needs a process to arrive a a good business model for your blog. If you do exactly the same as other bloggers you have so much more competition. Many aspirant bloggers seem to think they need to do nothing more that finding a “profitable” niche.
Nice blog and it contains really helpful information. Thanks for sharing.
This is a very interesting article, i have been searching the web for this topic for a while, i have bookmarked this & will send it to a few of my good friends
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