1. Sell advertising.
This is likely
the most common means of leveraging a blog to generate income. If yours happens
to become a well-known blog, or one that is well-received in a particular
niche, it's always possible to sell ad space on your own. For Bing Blogs and
services such as Google's AdSense or BlogAds, bloggers can establish ad
programs. AdSense's — which lets you select several ads that are consistent
with the content of your blog — pays you based on how many readers click on the
ads for further information. Even better, it's free. BlogAds, on the other
hand, hooks bloggers up with would-be advertisers and levies a commission in
return for any ad placements that result. "The nice thing, too, is that
the ads are relatively unobtrusive," says Scott Allen, co-author of The
Virtual Handshake: Opening Doors and Closing Deals Online.
2. Help sell others' products.
Here is another
click-through opportunity. Affiliate programs enable your blog to serve as a
conduit between readers and online sites offering various goods and services.
One popular choice is Amazon.com. If, for instance, you offer book reviews or
even just mention a book in passing in your blog, an affiliate program provides
a means for your readers to click directly from your blog to Amazon to obtain
further information about the book. If they break out the checkbook or charge
card, you get paid as well.
3. Solicit contributions.
Not every
blog-related income opportunity involves hawking goods or services. As Blanche
DuBois said in A Streetcar Named Desire,
consider relying on the kindness of strangers. Ask for contributions. If, for
instance, your small-business blog supports a cause or issue in some
fashion — say you repeatedly mention tax reform, health care or some other
topic — you can always ask for reader support. Even if you've attracted a group
of regular followers who simply enjoy reading what you have to say, they may be
willing to underwrite their loyalty with a little financial help. Programs such
as PayPal make it easy to establish a simple on-site contribution collection
button. "There are lots of worthy 'cause' blogs that would qualify for donations
from grateful members of the blog community," says Las Vegas
communications consultant Ned Barnett.
4. Market your services in your blog.
Many people
associate blogs exclusively with a cyberspace-based soapbox — a place to shout
your opinions and little more than that. Granted, blogs are an ideal venue to
share your thoughts with others, but don't overlook their capacity to generate
new business as well. When appropriate, work in references to what you do and,
in turn, what you may be able to offer any would-be client or customer who may
be reading your blog. That can spread your opinion and your business moxie at
the same time."Instead of short commentaries that begin a dialogue with
readers, as many blogs do, I write the equivalent of journal articles that
demonstrate my abilities, strategies and perspectives on specific issues,"
Barnett says. "When it resonates, it means money. Since starting this
approach, I have generated three new paying clients and brought in about
$10,000 on revenue — directly attributable to specific blogs."
5. Use a blog to deepen your existing customer
relations.
Nor does any marketing material inserted in blog content have to be limited to bringing in completely new business. By using a blog to regularly communicate with existing clients as well as other readers, you can take advantage of the opportunity to fully inform them about everything your business does. That may expand your readers' understanding of the full scope of your products or services."My blog has helped existing clients determine the range of my skills and services," says Ted Demopoulos of Demopoulos Associates, a Durham, N.H. consulting and training concern. "One client who had only used me for training in the past was surprised at my range of expertise and is now using me for a consulting project. Another who only used me on technical projects is now considering me for a more business-oriented project."
Nor does any marketing material inserted in blog content have to be limited to bringing in completely new business. By using a blog to regularly communicate with existing clients as well as other readers, you can take advantage of the opportunity to fully inform them about everything your business does. That may expand your readers' understanding of the full scope of your products or services."My blog has helped existing clients determine the range of my skills and services," says Ted Demopoulos of Demopoulos Associates, a Durham, N.H. consulting and training concern. "One client who had only used me for training in the past was surprised at my range of expertise and is now using me for a consulting project. Another who only used me on technical projects is now considering me for a more business-oriented project."
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