Web Development

Tips to Make Money With a Blog

I’ve been writing this blog since 2007. For the first couple of years, I blogged because I enjoyed sharing insight rather than to make money. Over the last few years, it’s turned into a relatively decent business as a result of having advertisers. If it wasn’t for the advertising revenue, I would be doing other things to generate an income since time=money. In this post, I want to share information about how you can make money with a blog.

I am sure something like this has been shared many times before, but I wanted to offer some personal insight into how to earn money from a blog. Some of these tips seem pretty simple, but like almost everything else, they require work. Perhaps you can make money with a blog and earn a living doing something you love.

I don’t think I would start a blog today with the hopes of making a living from it, and perhaps that is the key to making money from blogging. However, if you are passionate about a topic, perhaps you can turn a hobby into a living by monetizing a blog.

Some tips to make money with a blog:

Step 1:

  • Choose a topic you are passionate and knowledgable about (expert level if possible)
  • Write articles about various topics related to the main topic of the blog
  • Don’t simply post news or press releases – actually write interesting articles
  • Get to know other people in that field and discuss the topic with them so they get to know you better
  • Do business with potential advertisers
  • Link to other sources in the field with your articles and comment on other blogs, sites, forums…etc so people get to know you.
  • If necessary, advertise your website on other websites to grow your readership
  • Build a measurable audience (get traffic)
  • Encourage feedback from readers and interact with audience when they comment
  • Use social media to grow your audience
  • Be honest and open with readers so they get to know you and respect your opinion on topics, whether they agree with you or not

Step 2:

  • See who is advertising in the field and get to know them personally if possible
  • Open up ad space on your site and offer competitive rates
  • Meet industry leaders who sell products or services in your field and offer your ad space (discount it if necessary)
  • Continue writing good content while interacting with people who have an interest in the topic

Step 3:

  • Sell all of your ad space, even if it means it’s discounted
  • Create a waiting list of advertisers
  • Increase prices to a point where there is value for advertisers and demand for space
  • Continue writing good content regularly

Finally, I wanted to offer some resources that may help you make money with a blog:

LonghornMounts.com: Great Domain Development Story

I wanted to share a brief story about a great (small) business that was developed by a domain investor on an exact match domain name. My hope is that it will inspire you in the event you are looking to build a small business on one of your exact match domain names.

Terrell and Penny Miller are owners of Rancho Media, a small domain and development company specializing in the agriculture industry. In addition to their day jobs, they own and operate Cattlesoft,  developing cattle software and operating several e-commerce stores serving the livestock industry. They work from their Texas ranch where they also raise Texas Longhorn steers.

In the past when their  cattle died, they had them mounted by a local taxidermist. After hanging their second head on the wall, Penny joked to Terrell that his head would be the third if he tried to hang any more! As a result of this ultimatum, Terrell decided he would  figure out how to sell them.

Terrell hand registered LonghornMounts.com  for a few dollars with the help of a Go Daddy coupon. He and Penny quickly built a website, and in a short period of time, the website was ranking #1 for “longhorn mounts” and receiving around 300 visitors per month. The company has already successfully sold mounts, and with prices starting at a few thousand dollars, it’s clearly a winning business.

One thing I’ve stressed about  development  is something that Terrell and Penny believe in as well. When you take on a development project, it should be related to a topic of personal interest to you. If you are knowledgable and passionate about a topic, it will help you build a website and hopefully a business. Owning the exact match domain name helped Terrell and Penny rank in Google pretty quickly, and their offering has helped them sustain its ranking.

I’ve met Terrell and Penny at a couple of domain conferences, and it’s great to hear success stories from people like them.

[Updated] Go Daddy Website Builder Marketing: Smart Strategy, Poor Execution

Go Daddy wisely promotes its Website Builder product to small businesses. In fact, as you can see above, the company is currently giving its most valuable home page real estate to this product, with a large graphic and accompanying video showing “Little Frank’s Secret Ingredient for Success – Website Builder.”

The graphic shows a pizza box with the url LittleFranksPizza.com. As you might have expected, Go Daddy is the registrant of that domain name, so it’s unclear whether Little Frank’s Pizza is actually a customer or used to be illustrative of what customers can do with the Website Builder product.

There is one major problem though. When you visit LittleFranksPizza.com, which some people might do to see what a Website Builder website looks like, there is a standard Go Daddy landing page. People unfamiliar with these landers might assume that this page is what a Website Builder website looks like, and that would be bad for the company, especially since the PPC links advertise other businesses.

Go Daddy should take a cue from How I Met Your Mother’s Bro Bibs website and set up a real website using the Website Builder tools. Obviously they can’t make a real pizza website, but at least they can have some fun with the company’s product and show customers what a website can look like after using its Website Builder product.

This is a good lesson for any company using a fake url in a commercial or other visible spot. Make sure you develop it or at least redirect it!

H/t to Bram for sending this.

**UPDATE*** It looks like there is now a website operating on the domain name.  

Inc. Offers Some Solid Advice for Bloggers

5

A colleague sent me the link to an article in Inc. Magazine entitled, “Don’t Let Your Blog Get You in Trouble” and I think it’s a must read for any blogger and/or person who operates a content driven website.  The article covers a number of guidelines to managing risks when publishing content on a website.

For many (including myself), having articles written for various websites is par for the course. Although many domain investors are experts in one field or another, we aren’t necessarily experts in the fields that our websites cover. Because of this, we may (I do) use content writers like Textbroker.com and others to produce good content for our websites. We must remember that we are most likely responsible for the content they write and we publish.

When you are buying an article from a content writer, or when you hire someone to publish articles on your website, the content is generally your responsibility. I would recommend reading all articles before posting (should be a given), and if there are facts or figures mentioned, expect the writer to provide the source. You may wish to ask for permission to share that information, and at the very least, link to the source of the information.

Many writers, bloggers, and companies are protective of their intellectual property, which includes content, case studies, and other information that is shared online. They have lawyers who may email you and nicely ask you to take something down or they could threaten legal action.

The bottom line is that you may be responsible for the things you post (depending greatly on what is posted), so you should be aware of the law – both criminal and civil. The Inc. Magazine article has some good information that you should read if you are developing websites.

Kevin Ohashi: How to Get a Logo for $30

Kevin Ohashi is a domain investor and founder of the startup, Review Signal. If you didn’t read the TechCrunch article about Kevin’s company, the brief description is that it has collected over 100,000 “social media testimonials” to offer visitors more accurate web hosting reviews.

Review Signal is the perfect name for the service, and instead of spending hundreds or even thousands of dollars on the perfect corporate logo, Kevin spent just $30 to get it done. Kevin retained the services of 6 designers at $5.00 each using Fiverr.

On his blog, Kevin shared the story about how he had the logo created for $30, and the article has received some negative buzz in the design community. Despite the criticism, I think the article shows that there may be ways for domain investors and others to have logos created without breaking the bank.

Of course, you could also go the traditional route and hire a logo design company like eLogo.com or a graphic designer like Theo Develegas to have your logo created.

Trust, But Verify When Using Freelancers

There is a considerable level of trust required when working with web developers, people who do data entry for you, and others who are working on your websites or representing your business in other ways. After working with people for a period of time, we tend to trust them with important tasks, but we should always verify their work.

A few months ago, I hired a company via Elance to do data entry for one of my websites. I manually approved each of the 100 or so entries that were added, and the company did a fine job of adding this information accurately, and without stealing content from elsewhere. I was very satisfied with the work.

A few weeks ago, I hired the company again for another similar project. The work was done quickly as before, and I paid them right away, trusting that the job was done as it had been done before. Unfortunately, that wasn’t the case. Many (maybe all) of the entries contain content that was lifted directly from other sites – some even competitors. Because of this, I can’t trust that any of the information is accurate.

It was a big error, but I am also to blame because I should have verified before releasing payment.

When you hire someone to work on your websites, sell your domain names, or do other work for your business, they are representing your interests. People who visit your websites or do business with your employees will assume you either posted the content or approve of how you are being represented, and when you don’t verify that it’s done correctly, you can end up looking bad or may even get sued depending on the issue.

It’s important that you trust the people working for you. However, you should always do what you can to verify that their work is representative of your business and what you are expecting.

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