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Blog monetization: How to find a good strategy

12/30/2014

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The buzz about making money from a blog has waned in recent years. But there are still countless people who want to pursue it. And many believe that it's an easy way to riches. They also think the blog itself does the earning -- that it's a direct, mechanical process that requires little human interaction.

They are mistaken on both counts. Even if you're in an uncrowded niche it'll be several months, even a year or two, before you start to earn money consistently. And this tends to happen indirectly, as a result of the heightened profile and authority your blog gives you. 

Really, there are only a couple of reliable ways of making money directly from a blog. Probably the main one is still serving Adsense ads or its alternatives. Yes, you can make some cash from occasional affiliate sales. But even those will be few and far between unless you develop quality, ongoing relationships with your readers, who then buy products you recommend. 

Then there are sponsored posts -- which are kind of like advertorials paid for by companies. That's not something I'd recommend because Google doesn't like it. And if you do too many then you start to undercut your authority. 

So in the end the best way to monetize a blog is indirectly. That is, use it to lift your profile and build your authority in your niche. Then offer your own products and/or services.

This sounds pretty straightforward. But that's only if you know this before you start blogging. While there must be people in this boat, I'd say they are in the minority. The harsh fact that a blog works best as a springboard to income (as opposed to a method in itself) is certainly better known than in the past. But it still not the prevailing view for some reason.

So, if you didn't have a strategy to begin with, you've basically got to keep blogging, and cobble together one as you go. Everyone is different, of course. But here are a few suggestions that might be of use:

Offer tutoring services in your niche. This is a good option because you can charge by the hour. And while distance is no barrier these days because of great tools like Skype, you'll tend to find more success if you offer the service locally. This is because people like the personal touch. They'll refer you to friends too. (I know this works well because I teach people social media privately in my city. I have a locally oriented site for this, and the attached blog has helped a lot in lead generation.)

If you have a Wordpress blog that you've built yourself, you could do installations for other individuals and businesses. Of course you don't have to have a blog about Wordpress to do this but that would be ideal, of course.

Since social media promotion is a crucial part of blogging these days, you could also offer services in this field for business owners too time poor to do their own. (That's something I might even try offering off this site, BTW. But at the moment I'm too busy, and having too much fun, doing my own!)

Blogging is writing, of course. So why not use your blog as a means of gaining freelance writing assignments? Offering these services on your blog is a better approach than bidding for gigs on freelancing sites in my opinion. While you could almost certainly get work quicker using the latter method, you could wind up with an enormous amount of work to do to a very tight deadline, and be paid poorly for it. If you use your blog to fish for gigs, however, you can do things more on your own terms.

So there are a few approaches to think about. Any other blog monetization methods you'd like to suggest?


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Social media behaviours that annoy me most

12/28/2014

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Social media can be like alcohol. It releases inhibitions. People tend to do things that they wouldn't do in real life ...

Also, many
users see it primarily as a marketing tool. They're often not remotely interested in interaction. They just want you to buy their stuff and that's it. Ironically, if they did embrace the interaction they would make more sales.

Because of these influences you get a lot of behaviour that is actually anti-social. That can be quite depressing given the context.

Automated direct messages

A lot of people absolutely detest these! As long as they're just a thank you they don't usually bother me. It's when they immediately start trying to get you to sign up to something, or flog their products or services that my temperature goes up.

Sometimes they'll ask you for something, too, such as likes, etc. Don't like that all. It's the pushiness that
really puts me off.

That can apply to any other kind of interaction on Twitter, Facebook, and similar sites. I just recoil when all you get from someone is an overt attempt to sell or promote.

Insincerity


Another pet peeve is when someone you've just connected with on Twitter asks you a question like "How are you?" as if they want to actually start a conversation. Then you look at their stream and see they're doing exactly the same thing with everyone. They've probably even got some software to do it. 

I find that even more irksome because they clearly know engagement is key, but they're not doing it in a genuine way. So it's calculating as well as insincere.

Selfishness

I think the key element I find off-putting is selfishness -- people using these platforms to just say gimme, gimme, gimme! These are often minor things but they do accumulate and you end up with a lower threshold of tolerance for them. 

Recently, for example, some guy liked a comment I made in a Linkedin group discussion that referred to a post from his blog. So he sent me a message asking me to write the very same comment on the blog to beef up the interaction!

Excessive cross-promotion

Another practice that gets my goat is when people go overboard with the cross promotion. They tweet you to a Google Plus update ... which sends you to a Tumblr post ... that points you to a Facebook page update ... that finally links to their blog post! Why not just send people to the post directly?


I know they're just trying to get their other profiles known. But doing it this way just wastes people's time and effort. 

Control freaks

I know I'm starting to sound like a bit of a grouch. But there are still more things that peeve me. 
Private Twitter accounts, for example. I often follow people back but not if they've got that little padlock icon. It seems petty and even a tad paranoid to me. If you were a whistleblower or a citizen journalist in some totalitarian country, sure. But not if you're just tweeting about stuff generally. Why such an intense need for control? 

Facebook peeves

Another biggie -- and one that I'm sure many people can relate to -- is being added to Facebook groups without your consent, often by people you've had little or no interaction with aside from the initial connection. 

Still on Facebook: I don't like it when people repeatedly suggest that I connect with their friends. Not so bad if I share an interest. But for personal, friendly connections it can get a bit OTT after a while. I feel like saying to them: Don't you get it?
I'm not interested!


Another thing that annoys me on Facebook is when people like my page, then immediately say in a comment (or worse still, in a message) that they want me to like theirs. After a while, that gets a bit tiresome even when they're in the same niche as me. And if their page has nothing in common with mine, and I'm not interested in what theirs is about, that annoys me.

Basically, I won't like a page unless I'm interested in it. And I don't expect the owner to like mine back -- although of course it's always nice when that happens. But being demanding is just rude. 

I suppose that people do this because it does work for them and their numbers improve. But apart from the fact that this is pushy, it's always better to focus on quality over quantity (both in terms of content shared and the nature of the following itself).  

When it comes to these etiquette issues I think a good rule of thumb is that if you'd feel uncomfortable approaching people in a certain way in real life then don't do it on a social network!

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The paradox of blogging: It's both social and solitary

12/23/2014

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The more I blog, the more I think about what characteristics a person must have to be drawn to the medium and keep going with it. While it's still hugely popular and there are countless blogs that are going strong, it's clearly a hard thing to stick with over years because quite a high proportion of them fall by the wayside. This even happens to some quite successful and respected blogs.

There are numerous reasons people give up, of course. Maybe they were just in it for the money, and found more lucrative work elsewhere. Or perhaps the time required was a huge barrier for them. Personal, relationship-related issues must come into some people's decision to quit blogging as well. 

But I think there's one key reason not many people can be really good at it, and keep going indefinitely. And that's because it requires two opposite qualities.

It's solitary

Firstly, and most obviously, you have to really like writing. And you have to be disciplined enough to do it regularly. Needless to say this requires long hours sitting alone at the computer, cranking out those sentences and editing them until they express something unique, useful and shareable.

Not everyone enjoys or can even bear this kind of extended solitude. They start to go crazy if they don't have some real human contact at least a couple of times a day.

And it's social

At the same time, if you want to get your blog known, you really have to connect with other bloggers, and lots of them. There may be some people who don't actually have to do this because they are already well known for some reason. Or perhaps they write such consistently unique and brilliant content that influencers are just falling over themselves to share, link to and quote it so no networking on their part is required. But bloggers like this are very few and far between.

So, to be really successful, bloggers have to be communicative and gregarious as well as spend many hours alone working. The beauty of today's technology means that you can actually do both these things in the same location using your desktop, laptop or tablet.

You can develop and nurture these connections through blog comments, e-mail, social networks, etc. And if you need to actually talk to someone there's always Skype. So it's not really the mechanics of it that are the challenge. It's the psychological aspect. After all, they are quite different processes.

Yes, they both require a lot of communication, usually using the written word. But writing a blog article is quite different to having a conversation via e-mail. In the first case you are writing for an idealized, imaginary audience. In the second you're connecting with a living, breathing, individual human. 

For this reason, individual bloggers tend to be better at one skill than the other. There are very few people who can do both well and consistently. And I think that's because each activity uses a different side of the psyche. Some people would naturally have both in equal measure, I'm sure. But I think they must be in a very small minority. Of course you can learn to develop the skill in which you're lacking. But that often doesn't come easy. 
   
I myself prefer the writing side of things and am very happy with my own company. I do enjoy making contact with others, but I certainly don't have a huge hunger for it. And while I'm not socially incompetent, I'm not that great at socializing. As a result I haven't done enough of this, online or off, to get my blog known. That's something I've really got to address.

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Blog commenting tip: Tweet posts you comment on

12/18/2014

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If you want to lift your profile as a blogger and build your authority then it's really important to connect with influential bloggers in your niche. But remember that they already have heaps of people trying to do that. You have to stand out in some way, and do it without being pushy or spammy. 

A good way to do this is to get on their radar in different ways. They're bound to be on social media, and almost all of them are on Twitter. So you should follow them there. If they do follow you back that's a good sign, but it's only the beginning. All it means is that they have seen your profile and have quickly decided you're worth following back. They still don't really know who you are. 

If they don't follow back, no matter. You can still get on their radar eventually.

Comment, tweet, retweet

What you should do in both cases is retweet their tweets from time to time. And you should also mention them. Again, it's a good sign if they reply or thank you. 

Now at the same time you should start appearing in their comment threads. Make sure that you offer really good, relevant insights, of course. Then make sure to tweet each post you contribute to, including their handle in it so they get notified on Twitter as well. 

It's this double whammy effect that will make you stand out amongst their many followers and commenters. 

Don't overdo it

Of course you can go a bit overboard with this. It would border on creepy if you did it absolutely every time they wrote a blog post! But if you did it once or twice a week for a month, then had a break, then did it again for a while it wouldn't seem desperate. And they'd have a very good idea of who you are, what you do and they will almost certainly have looked at your blog. 

Unless they're super-picky and only follow other A-listers on Twitter then you'll probably have them following you back if they didn't before, too. Also, they may even mention you in a tweet and or/post as one of their top engagers/commenters. And if they do offer guest posts on their blog then you'll be much more likely to have your submission accepted (as long as it's good, of course!).

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See blog commenting as conversation, not writing

12/17/2014

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I've decided to get back into blog commenting in a big way. I know it works if done well. And I do want to build some momentum with this blog. 

The main reason is that I have chosen an extremely crowded niche, so I have been getting very little search engine traffic to it. Social media has been a more fruitful avenue, though it's taken a lot of work and time before I've seen some benefit. 

But I've long known that quality blog commenting is perhaps the most reliable method of bringing in some clicks pretty quickly -- not to mention the indirect, long term benefits it brings. Still, I haven't done any for ages until just recently. I've been reluctant to do it for some reason ... 

I think it's got to do with the fact that I come from a writing background. Whenever I start putting my thoughts down online I'm thinking I've got to turn what I'm saying into a reasoned, thoughtful article of a few hundred words that people will hopefully enjoy reading. And this tends to happen even when I'm commenting on a blog.

I start by replying to the blogger, then I sort of forget about him and think of this imaginary audience. Then quite often I decide not to submit the comment, then cut and paste what I'm writing into a file for later use as the basis for a blog article! 

That's all well and good. I do use this stuff from time to time. But if I do that too often it means that I'm losing the benefits of a concerted commenting campaign. 

So I've decided that I've got to change my attitude to what blog commenting actually is. It's not so much writing in the traditional, purist sense. It's just a conversation with one person that others can read if they wish.

Since I've made that shift I've found it a lot easier to get into commenting again and follow through with my contributions. I'm not being miserly with my words any more.

After all, I wouldn't have the same problem if I was just chatting with someone about a subject we both share an interest in. So it makes no sense to do so if I am responding to a blog post online, in writing. 

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    My name's Matt Hayden and I'm a blogger in Sydney, New South Wales.

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