Your 10-Step to Build a Good Earning Blog
- A Blog Guide
Step 6: Design your blog.
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Now that you have an idea of what your calls to action will
be, you have some actual content that can be used and you know the purpose
of your blog you can determine design. If you are working with a budget of
less than $5,000, I would strongly recommend working with a pre-designed
template. You can either modify the template as needed or use the template
as is. A custom template can be expensive when done well or not very good if
done cheaply. You will often be far better off getting all the built-in
testing, browser compatibility, features and functionality of a well made
pre-designed template.
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Step 7: Building your blog
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What software will you use and where will you host your blog? You have
two options: 1) Host your blog with a third-party blog service provider like
WordPress.com or Blogger.com; or 2) Get the software (WordPress.org is the
most popular) and host your blog internally or with a hosting company.
Hosting internally provides more control over your content, updates, and
is currently the only option if you plan to generate advertising revenue
with your blog.
If you are working with a budget of less than $5,000, the wise decision is
probably to identify which software you can afford FIRST, and then determine
your content and design based on what that software provides. If your budget
is $5,000 or greater, you'll have more flexibility and should determine
desired features first, then choose the software and create a design based
solely on your needs.
Step 8: Marketing your blog.
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There are countless ways to market your blog, but the key is that you
actually do it. Basically you are trying to find ways to establish both
creditability and visibility for your content. People have to know your blog
exists and is useful. You have to remind them that it exists as often as
possible and in a non-annoying way. Many of the features that are included
in a blog are designed to help you drive traffic.
I break the marketing job into two categories: 1) getting new readers, and
2) building loyalty amongst your existing readers. For a list of the best
ways to market your blog see my post here on the top ways to market your
blog.
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Step
9: Monitor your traffic and analyze your success.
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Establish a
process (weekly, monthly or quarterly) to assess your blog's success and
failures with a keen eye on what's driving each. Are you getting a lot of
traffic from particular places? Boost your presence there. Are you spending
a lot of energy on a particular topic that consistently gets very little
traffic? Perhaps you should either stop writing about that topic or consider
if you are marketing to the wrong audience. Are you not generating the
advertising revenue you had hoped? Perhaps you don't have a large enough
readership, or perhaps you're not making an offer that's relevant to
advertisers (audience demographics, pricing, ad placement, etc.). Perhaps
your going after the wrong advertisers. Make sure you assess your blog on a
regular basis against the goals you defined in Step 1.
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Step
10: Monetize your blog.
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If you choose to take the route of generating revenue from your blog, I'd
like to offer some sobering information supplied by Technorati. Based on the
2009 State of Blogoshopere and
2008 State of Blogoshopere, 72 percent of respondents have not monetized
their blog. Only 4 percent of respondents derive their primary source of
income from their blog. In fact, the median annual revenue for the bloggers
who do have advertising was $200. That means 50 percent of the respondents
earn less than $200 per year from their blogs with CPMs of $1.20 or less.
The top 10 percent of bloggers earn an average of $19,000 annually. The top
1 percent earn $200,000 or more. The average annual income was $75,000 for
those who had 100,000 or more unique visitors per month (some of whom had
more than one million visitors each month). This should provide some
grounding on what to expect from monetizing a blog both in terms of dollars
and traffic thresholds.
If you're going to monetize your blog you should be aware of the options
that are open to you. Most people think of monetizing only through selling
ads but there are many other possibilities.
1) Supporting an existing online store.
Zappos is probably the best
example of this.
2) Selling your products and services. Blogs are often used to
drive sales of information products (i.e. ebooks etc.) or services.
3) Selling products for other affiliates. Earn a commission from
the sale of other people's products on your site.4) Selling
advertising. Do your own sales, hiring a sales team, or join an ad
network. Here is a fantastic
list
of advertising networks from econsultant.com.
5) Pay per post. Companies will actually hire you to write a post
for them or review their product on your blog.
WARNING: This technique is controversial and may damage
the trust your readers have in you.
6) Arrange speaking engagements. The authority you establish in
your blog can translate to your ability to speak on this topic to a live (or
virtual) audience.
7) Paid writing and media appearances. Write for other publications
or make media appearances.
8) Blog roundtables. Provide your opinion and feedback on
products.
9) Event attendance. Sometimes all people want is your presence!
Let's face it, blogging is resource intensive but can be highly valuable.
Make sure you're going to get your money's worth or else those resources
might be better used elsewhere.
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