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Let's consider that you have established a blog. It is popular and you are generating steady and regular traffic to your blog. But utilizing this traffic to generate revenue from your blog may need strategic thinking. The ‘Pay per Click' option does not always guarantee money and you must adopt an innovative way so that your readers are not crowded by a number of advertisements every time that they visit your site. The approach must be creative and at the some time generate interest among your readers.
Some innovative ideas of generating revenue through blogs could be:
Direct sponsorship from companies: Cut off the intermediaries and contact directly with the companies. If your blog is relevant then companies may be interested in advertising for their newly launched product directly on your website. You can work out some arrangement where the first reader to click on the new product gets a certain discount on a product. This will also ensure reliability and credibility of your website.
Making use of Affiliate programs: Large companies like Citibank, Amazon, etc. run affiliate programs with websites and blogs. This can also be a steady source of income from your blog.
Fund Raising: Help people donate money or goods for a good cause through your website and earn some mullah by the side. It's simple. In most cases, all you need is to have a space in your blog wherein people can enter a value and hit a button so that the money is transferred to the relevant cause once the user shares the basic money transfer details. This is becoming more and more popular among serious bloggers.
Diversifying: Once your blog earns its name, you can think of diversifying – something as simple as creating customized merchandises reflecting your blog, its nuances and quirky facts. You could design and create mugs, caps, T-Shirts etc and raise money by selling those.
Selling Blogs: Just as people have raised money by selling domain names, many have made good fortunes by selling off their established blogs to renowned companies. You can then move on to a different blog and share your expertise there, earning compensation in return.
Spreading the good word: You can use your blog and your readership to popularize an event or a cause. Reaching an agreement with the relevant parties, where your blog is used to sell an idea or a product can be a lucrative business proposition.
Share your knowledge: Share your learning and your knowledge with the rest of the world. Write a book on your experience of blogging, your advice and tips. Take part in seminars and give lectures to wannabe bloggers. Write in different online and offline forums and earn from sharing your knowledge.
Remember, there is no shortcut to success. If you are good, it will always be easy to generate money from your work – but if you lack the necessary skills to be a successful blogger and thereby generate revenue then probably this is not the field for you. Blogging is easy and fun and needs almost zero monitory investment – but the key lies in your ability to do it well.
Blogs are most ideal when first starting out online. If you're not familiar with blogs, maybe you have your own Facebook, MySpace or some other social marketing page. Well, ultimately they're similar, only…blogs are used ideally for expressing ones ideas and opinions on things held most dear to the author. As of late, there has been a surge in the amount of people using blogs as they've become aware of the great effect it can have on your online home business.
A blog can be used to communicate with a buyer when launching a new product or new website. Search engines tend to be ‘Blog Friendly' so it's much easier to rank high amongst the top search engines (Google, MSN and Yahoo). From my experience, I've seen instances were it has taken a user up to 3 months for them to get their site indexed by a major search engine, in the same instance, people have been able to get their site indexed within a mere 4 days while utilising the power of a blog.
Personally, I was completely shocked when I discovered such information. I came to the conclusion that, if I could get a blog indexed within such a small period of time, the amount of money I could potentially make would be endless. So I went ahead and started a whole bunch of blogs on different subjects, all of which are now indexed in the major search engines.
Blogging in essence is branding. It is your objective to make your audience see your expertise through your own unique blogging personality. It also enables you to express your unique business style within the market place and demonstrate clearly how you're different from all your competitors.
Value of Blogging:
• Build your own virtual community.
• Provides a platform for expressing new ideas.
• Gets your name out there.
Today, I would like to guide you through the intricate steps to setting up your own personal blog and making money from it immediately. After you've gone through these steps, hopefully you'll have some sense of direction for your future online business.
1. Blogger
Blogger is without a doubt the best blogging service out there, owned currently by Google. The main advantage of a Blogger blogs is quick indexing. Another plus to using Blogger blogs is that they are completely free, make sure you don't violate your terms of use as Google as been known to punish users crudely and swiftly.
2. Subject
Once you've create your Blogger blog, your next priority would be to think of a topic that you can write about and teach others about. Make sure the topic you choose is of some interest to you. Your next step would be to conduct some keyword research on what people are searching for pertaining to your subject topic, then monetise these specific keywords into your blog posts.
3. Clickbank
Last but not least, go to ClickBank and find products that relate to your blog subject then create hop links for them. At the end of each post you can recommend a specific product which you may have possibly tried and test, the onus is on you.