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Monday
Blogging Money Making Reality Check
blog money makingI think it is time to do another reality check about making money with blogging as there is so much garbage being written about the subject.

Firstly, as a general rule - yes, there are always a few exceptions - blogging is not an overnight business. You can't simply set up a blog, write a few posts, slap on a few affiliate banners and expect to make money. It doesn't work like that.

Unfortunately, in most cases, you also need that special ingredient - time.

It takes time to build readership, subscribers and to make money.

I'm always reading about how someone or other made $xxxx amount of money in a few days but, quite frankly, I don't believe them. Most are actually trying to sell the reader something, so a few exaggerations are the order of the day.

The fact is that there is a lot of money to be made telling others how to do something or other - even if you can't actually do it yourself! Some of the offers on ClickBank show this to be true.

The problem is that some bloggers sign up to the likes of ClickBank and then write nonsense posts about how such and such plan will make heaps of money - even though they haven't made a cent or penny doing this themselves. But this is the reality of the 'how to make easy money' world.

I've been in the business opportunity market for years. I published magazines on the subject for over ten years. I've seen the scams and as a general rule: If it looks too good to be true, it probably is.

The last thing I want to do is put people off trying to make money with blogging. I have proven to my own satisfaction, that this can be done and with free blogs and no capital outlay.

The truth is though that to make money with blogs you need traffic and good traffic at that, lots of it. The more the better.

You will find that with some affiliate money making programs you will often need thousands of clicks to get just one order.

An example of this. On my celebrity blogs I promote IcePoster which, as the name suggests, has celebrity posters. You would therefore think that this is the right product for celebrity blogs.

My stats show, however, that I only get an order for every 2275 clicks to their site.

Okay that's maybe an extreme example but it's often the case with such programs. By trial and elimination I've found a few money making programs that do work well for me (AdSense, FriendFinderGroup for example) but I had to wade through a lot of chaff to discover this.

When bloggers talk about their earnings the money often comes from writing reviews and sponsored posts as opposed to ads, banners and clicks. This side of the business can be profitable but, of course, takes a bit more effort and time.

And some affiliate programs offer free websites. Great! But you still need traffic, and lots of it to generate sales. And this is what everything boils down to ... traffic, hits or whatever you want to call them.

Traffic is really the only secret to making money with blogging.

Good luck,
Mike.

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2 Comments:

Mike, when I read your blog I have a feeling that I'll receive good, honest advice.

I admire you because you are acting with sincerity, you are not cheating, you are on the Net to make money, that is true, but you are not misleading others.

When you give advice on this blog, I trust you. Many times, when I read other blogs about making money online, I've a strange feeling, I cannot trust them entirely.

Thank you for being honest, Mike.

From Aragon, in Spain,

Juan Bielsa

7/10/08  

Juan: Thank you so much for your kind words. I can promise you that I always try to write what I see as being true.

Good luck,
Mike.

9/10/08  

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