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Showing posts with label Blogging. Show all posts
Showing posts with label Blogging. Show all posts

Friday, November 18, 2011

Different Ways to Monetize Your Blog

When you start off in the blogging game some people get drawn into just one revenue stream for their blog and this can be a great shame because there are so many different ways to make money through a blog. If you get trapped into just one revenue stream online then what happens if something happens to that or if it starts loosing popularity, where will you turn then? Having more than one income stream is a good idea just to give you a bit of financial security from your blog and giving you the ability to move on quickly if one part of your blog sees a downturn of business.


Method 1 – Adsense
I mention Adsense first because it is one of the best known advertisers on the internet as well as being a good source of income for any website or blog. The way that this income stream works is that you put some Adsense adverts up on your site and then every time one of your visitors clicks on one of those adverts then you get a payment from Google into your Adsense account. Now depending on what niche you are in any one of these clicks can give you any money between a few pennies and about £10. It is fair to say though that £10 is extremely. Google does not allow you to show your Adsense earnings anywhere on the internet which is an interesting thing to note. Also this ties in to my point about not getting to involved in just one revenue stream. If you have a free blogger blog and are running off just Adsense then your who business is working through Google and if they decide that they don’t like you then that’s your whole business gone in a flash.

Method 2 – Affiliate Marketing
In case you aren’t familiar with what affiliate marketing is it is the process of you advertising someone else’s product for them and if you get a sale for the owner then you get a good percentage of the sale, usually between 50% and 75%. There are a few ways that you can use affiliate marketing as a source of income on your blog. Firstly you can simply put picture or text adverts up in your sidebar so that people can click on them that way. Or alternatively you can slip an affiliate link to a product that you would like to recommend into one of your posts. This way of putting affiliate links in usually gets you more clicks in a short time but it can annoy some readers if you keep reviewing products and trying to blatantly get money off of them instead of just writing good helpful content.

Method 3 – List Building
This income stream might not technically be directly involved with blogging but blogging can certainly help with this. If you have a sign-up box for your mailing list on your blog then you can have lots of organic sign ups from targeted traffic. The advantage of a mailing list is that you know that the people you are emailing have an interest in the products that you are selling because they have already expressed an interest when they signed up. This makes for much better conversions on your sales efforts. This also leads on to another avenue for making money. As an incentive many people offer an ebook to encourage people to sign up to a mailing list and in this ebook you could put some affiliate links so that you get the best chance to carry on selling in the back end of your list.

Method 4 – Blog Sponsors
Once you feel your blog has grown a little bit and you  have a nice amount of traffic then you can start to think about offering advertising space on your blog to private advertisers. In this way you have a more stable form of income and you have more control over where your income comes from. Once your blog gets a good amount of traffic people will come to you for advertising space so you won’t even need to promote it very much.

Method 5 – Writing Reviews For a Fee
This is another method for blogs which have got a good amount of traffic already and it involves charging people to write a review or put up a review that they have written for one of their products. There are a few ethical issues with this income stream such as you may start to take the money to advertise products that you don’t have a good belief in. This can start to degrade the quality of your blog if you aren’t careful. But if you don’t take on to many of these jobs and only pick products that you believe are actually of some use then they can be an asset. There are a lot of people out there looking for useful products and if you show it to them then they will remember you for that.


There are of course many other ways you can monetize but I believe these are the best options and there is a range here that you can start to use at different stages of your blogs growth.

5 Ways To Make Money With Blogging

There are many ways to earn money from blogging. If you have plans to make some money with your website you should know the latest trend of internet. So for a blogger there are many sources to earn money from his website. You could only do that only if you dedicates time for a website. So let us check the important tips for making money from your website.


Optimize Your Website
Optimization of websites includes all works on your website. It starts from domain name. Before you starting website you have to think on domain name. Selecting domain name is not easy. Your domain name will be more powerful if add some keywords in to it. Also do other types of optimization works like social bookmarking, commenting on other websites, etc..
Get Huge Traffic
If you are planning to make some money with your website the major and only thing that you needed is the traffic. Without traffic you could not do anything with your website. If you have traffic to your website then you need not to be worry in earning from your website. There are many ways to drive traffic to your blog.
Link Advertising
If your website has enough traffic then automatically several organization or websites will be interested in advertising his/her business in your website. As I said early traffic is the king for making money from website, Advertisers will only come to you if you have enough traffic which they expect. No one will be ready to advertise their products or business in a website with less traffic. If you have huge traffic to your website you can sign up for BuySellAds or websites like that and you can place ads space in your website and there by earn good money.
Make Money With Affiliate
This is also a way to make money from your website. This is same as advertising in your site. But there are some differences. Here your advertisers will not pay you. You will get money for each click or sign ups. There are many affiliate programs available in internet world like EBay affiliates, Amazon, ClickBanks, etc… These are product selling websites. Here you will get commissions for each sales. There are also other websites like hosting providers like Hostgator these can give you money for each sign ups for web hosting.
Writing Product Reviews
A webmaster can also earn money by writing product reviews in his website. For this also traffic is required. No one is interested in less traffic websites for business.
So for if you have plan to make money with your website then start working on it with fresh and unique contents. Also promote your website by building links, comment on on other blogs, etc…

Thursday, November 17, 2011

10 Tips to Sell Your Website or Blog on flippa.com

If you are planning to buy or sell a website, you probably already heard about flippa.com. It’s the largest online marketplace for websites. Most people who list a website for sale there, however, end up selling it for peanuts (e.g., $100), or not selling at all.
How come? Most of the times the seller didn’t do his homework. If you want to maximize your chances of selling (and your profit), the 10 tips below will help you.



1. Make Sure Your Website Is Making Money
This is the most important factor. If you want to sell a website successfully, it must be making money. Even if your site has a huge traffic, listing it before monetizing that traffic would be a bad decision. You would be able to sell it, but the money you would get would be far below the real value of the site.
If your website is making $50 or less per month, forget about selling it now. Try to improve your traffic, increase your revenues to at least $300 per month, make the revenues stable, and then list it. If the $300 are coming from Google AdSense, for example, you could sell the site for as much as $10,000. Obviously, the more you can grow your revenue before selling, the better. The $300 is just a ball park figure.
Remember that you’ll need to show proof of revenue, and that most buyers will calculate the revenues as the average of the past four or six months. 

2. Make Sure You Have Google Analytics Data
Most serious buyers will want to see your Google Analytics data before making an official offer. They will use this to verify your traffic levels, and to make sure the pattern is compatible with the revenues you are claiming.
Again, people will want to see data going back to six months at least. If you are planning to sell your website, therefore, it would be wise to install Google Analytics on it at least six months before the sale. 

3. Work On Your Trust Rating
Each member on Flippa has a trust rating, and most buyers will check it before placing their bids. In other words, the higher your trust rating, the higher the chances of selling your website.
As a result you should take all the actions that will improve your trust rating (e.g., connect your Flippa account with Facebook and LinkedIn, verify your phone number and so on). 

4. Set The Auction Length for 7 Days
In my opinion seven days is the optimal length for an auction on Flippa. With that length of time you are sure that most buyers will see your auction (e.g., those who log during the week and those who log during weekends), yet you’ll create a sense of urgency on those who are interested.
Many people set the auction length for 30 days, and their auctions become dead as a consequence. Many interested buyers will refrain from bidding because there is plenty of time to go, others yet will see the auction once and then completely forget about it, for the same reason. 

5. Set A Low Reserve / High Minimum Bid
If you set a low reserve price your auction will display the following message: “Bidding open and reserve has been met!” bright green color. This is a big encouragement for potential buyers, and it stimulates them to bid.
And don’t worry about the site selling for less than what you think it is worth. You can always set a high minimum bid. Apart from protecting you from low bids this strategy will also filter the non-serious buyers out. 

6. Set A Reasonable BIN Price
The “Buy It Now” price is there for a reason. It should allow a buyer who is very interested in your website to avoid a bidding war and to buy the website paying what you think it is worth.
The problem is that most sellers have an unrealistic idea about the value of their websites, and hence they set crazy BIN prices. This is a put off for potential buyers, because it signals you have no idea about what you are doing.
Ask some friends what they think your website is worth, and then set a reasonable BIN price for it. 

7. Don’t Hype Your Description
The more hype you put in your description, the more people will think you are desperate to sell and that your website is not a solid one. Examples of remarks you should avoid include: “Huge potential!”, “A lifetime opportunity!”, “My loss is your gain!”.
Secondly, don’t hypothesize what the website could be earning. Some people list websites that are making $10 per month currently, and they go on saying: “This website has the potential to make $4,000 per month easily!”. If you knew this for sure you wouldn’t be selling the site for such a low price….

8. Answer to Every Comment
Even if you write a crystal clear description people will still have questions, and they’ll ask them through the comment section. It is important to answer to every single comment, as this will not only encourage these commenters to place a bid, but it will also improve the overall credibility of your auction.
Second, do not delete a comment unless you have a very good reason to do so. Deleted comments are red flags on Flippa, because usually they come from sellers trying to hide something on their websites. 

9. Have A Plausible Reason for Selling
One of the first things people will ask you is why you are selling. If there is no plausible reason, they’ll rightly assume that the website is going down hill, and that you want to get rid of it before it becomes worthless.
In fact it would be a good idea to include the reason for selling the description of the auction itself. 

10. Invite Qualified Buyers
If you want to get more bids on your auction, you can invite qualified buyers directly. First of all browse through the marketplace looking for websites that are similar to yours (either open or won auctions).
Once you find one, browse through the comments, and try to find users with a high trust rating that were asking questions about the auction. These are qualified buyers, and you can send them a message inviting them to view your own auction.

You can purchase this upgrade a second time, too, once your auction slipped to the second page. This would be a good idea if after the first two or three days you have still not received some qualified bids.