Archive for August 12th, 2008

Ways You Can Monetize Your Blog

Tuesday, August 12th, 2008

You set up a blog for your business, but you don’t see any visible signs of it making you money. Could it be that it is earning its keep, but you just don’t see it? Here are some ways you can make money on your blog without promoting the competition:

  • Search Engine Optimization - SEO is a form of payment. Whether you are increasing your page saturation with the search engines or driving up your PageRank with links, you are indeed paying yourself with SEO benefits. By capturing key phrases in the search engines for your important keywords, you are keeping your blog in the limelight for years. Keep blogging and benefits will be there. Just remember, SEO is payment.
  • Sell Advertising - But not to your competition. If you look around on your blog you will likely find some real estate that is just sitting there not earning a dime. Maybe you sell that space to a partner, supplier, or other industry player that doesn’t compete with you directly.
  • Pay Per Click Advertising - It can be Google AdSense, Yahoo! Search Marketing, or one of the other PPC providers such as AdBrite. Contextual advertising is here to stay. Instead of selling ad space to industry players, just put up some ads that will pay you by the click. This is less lucrative, but easier to set up and less work. But make sure that this isn’t the main focus of your blog. You still want to drive traffic to your website and close sales.
  • Affiliate Programs - Join a few affiliate programs and place affiliate ads on your blog. Again, these shouldn’t be your primary focus, but it doesn’t hurt to capture exit traffic and make money on them. They’re leaving anyway, right? Why not capture them as they leave?
  • Sell A Digital Product - Create an e-book or a podcast and sell it through your blog. This can be an additional offering that you make through your blog posts and in your sidebar.
  • Promote Your E-zine or Newsletter - If you publish a newsletter or e-zine, place your opt-in box prominently on your blog. Then you can use your e-zine to sell and promote your products, services, and affiliates. This is highly effective.

Keep in mind that the primary purpose of your business blog is to drive traffic to your website to close the sale. Anything else you do may run the risk of diminishing that goal. It is usually best to limit the exit holes on your blog and focus on driving traffic where it will be most effective in closing sales. But it’s your blog.