Making money through blogging

I am feeling that start of a new set of wardrobe already becoming a reality. New inspirations, ideas, and even literature in which I am interested in just pop up from nowhere, specialy when I need them the most. I would assume that such topic is an oldy to most, yet for me who is just starting, it is very helpful.  The following is an email from OneCoach of John Assaraf, one of the mentors in “The Secret”:

A blog can make you money in two ways: directly and indirectly.

Indirectly, a blog extends your existing marketing efforts.  It enables you to save time, move faster and generate better search engine rankings, so that more people find you. 

Once people find you, they can grab your white paper, sign up for your newsletter, join your online forum, or attend your seminars.  They can also see that you have upcoming events or new products and services, so they’ll go to your main Web site more often. 

By using your blog to get more people engaged with your Web site, you can convert more prospects into paying customers.

One of the great things about a blog is that you can link back and forth from your blog to your Web site.  You can also use a blog to poll your audience and conduct customer research that assists with the development of new products and service. 

A blog should be more than a one-way communication tool.  Of course, you give people relevant information in the form of white papers, product updates and newsletters. But to build your business, a blog needs to be interactive.  Think of it as a customer-service survey that never ends, so that you’re always getting feedback from your target audience.

Perhaps most important, a blog can be a powerful lead-generation tool.  Use it to increase readership for your newsletter, build your client database, and get more prospects to the place where you can convert them into paying customers.

Cha-Ching!

How do you make money directly with a blog?

Through advertising or affiliate commission-based products.

Visitors come to your blog to get information about a certain topic.  If they see advertising or affiliate products that are in line with that topic, they will click on those links, making you money in the process.

For example, suppose your blog deals with debilitating foot pain.  On the right side of the page, you might have a large banner ad for a new kind of orthopedic shoe.  People won’t consider the ad intrusive or inappropriate because it relates to the content they’re looking for. 

In fact, many will click on the ad to see if it presents a solution to their problem.  You then get paid, either by the click or as a percentage of the sale if the visitor actually buys the product.

To maximize your blog’s earning potential, avoid “interruption” advertising.  Online, people want fast access to information, but only if it is relevant.  Anything that interrupts their attention by not being relevant is a waste of their time.  Not only will people not click on the ad, they will likely not return to your blog. 

Remember that you’re building a loyal fan base with your blog.  These are people who come to you for reliable information on the subject they’re interested in.  If your advertising doesn’t align with the content of your blog, it will destroy your credibility as a provider of reliable information, and people won’t come back to your blog.

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I wrote a third check …

A third check which I will issue everyday paid to myself. An amount I ought to collect daily. The amount is secret 🙂

By the way, I stumbled upon a book about Warren Buffet and Michael Masterson … I’m reading them both.

The highlights of Masterson’s Automatic Wealth: The Six Steps to Financial Independence:

Step 1. You’re going to face some hard facts. You are not going to get rich by saving 10 percent of your income every month. And you shouldn’t be so foolish as to count on your company’s pen- sion plan or the government to take care of you when you get older. It’s up to you.

Step 2. You’re going to plan to be rich. You can’t wish yourself to wealth, you have to plan for it . . . one detail at a time. I’ll show you not only how I did it but also what has worked for my friends and colleagues.

Step 3. You’re going to develop wealthy habits. The rich are dif- ferent from ordinary people, and it’s not just the money. There are specific behaviors that are likely to make you wealthier, just as there are specific behaviors that are likely to make you poorer.

Step 4. You’re going to increase your income—radically. Forget 3 per- cent or 4 percent raises. I’ll show you how to boost your income 25 percent to 150 percent. And that’s just for starters.

Step 5. You’re going to get richer automatically …even while you sleep. Getting rich is not just about increasing your income. The true secret to wealth is building equity. I’ll show you how to do it . . . without quitting your day job.

Step 6. You’re going to retire early (if you want to). I don’t believe in retiring. Not really. That’s because I like my work and wouldn’t enjoy life so much without it. But what you do in your retirement years, where you do it, and how many hours you work at it should be entirely up to you. I’ll show you how to
have that kind of control.

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Billionaire

It is possible to be one, and working to achieve it is like investing in a business. The vivid pictures are already in place, and the thinking patterns are becoming clearer.

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