The Shortcomings Of Blogging As A Viable Business Model, Insights Into Make Money Blogging
Blogging Is An ‘Okay’ Business Model, But Why Can’t It Make The Leap To ‘Great’?
Blogging is not a great business model, it’s more of an ‘okay’ one. There are bountiful amounts of reasons people can use to tell you why it’s fantastic, but when it comes down to it; it takes up a lot of time, and for some, it rarely yields any significant results. In addition to this, blogging has the ability to cause you stress and burn you out; and no amount of passion can prevent this from happening. We’re human after all, we get tired even when we’re having the time of our lives. One-man-band blogs may never succeed in making a significant income online; and this depends largely on their marketing, commitment, motivation and dedication. High proficiency in writing is an invaluable tool, especially if you’re looking to ‘make it big’.
The Successful Blogs, Ones That Actually Make Money Online…What’s The Secret?
There is no secret, you need only look at their blogs and they will tell you all you need to know. Successful blogs are usually backed by a team of dedicated writers, editors and chief executive officers. These people have built entire companies based around blogging and these companies have solid foundations. These companies include the likes of TechCrunch and b5media. Other reasons for bloggers being successful include the fact that they started very early (when it was much easier to get readers), wrote interesting material and continue to entertain or inform their audiences (they’ve kept up with the times). Blogs covering hot topics like celebrity gossip and news opinion may also attract significantly greater audience because they are broad topics which many are interested to read about often, even if the blog is only six months old.
Does ‘Blogging’ Even Have A Sound Business Model? Is It All Just Fluff And No Puff?
Blogging in essence does not have a viable or feasible business model as such, for a lot of people it revolves along the lines of banners or text advertisements and affiliate marketing. The problems associated with making an income this way revolves around traffic, content, design and offers. A blog needs to have all of those going for it in order to make a significant turnover. Little traffic, average content and mediocre affiliate offers will not get you very far. You need to have the ability to drive the masses, keep up renewed interest and keep pushing your content diversity; because without diversity and progression, people will lose interest. A good affiliate company always helps to maximize profits as well because they provide you with top-notch, contextually relevant offers for pay-per-lead or sale.
The World Of “Make Money Blogging”…Is It All It’s Cracked Up To Be? Maybe It’s Just A Fad.
The ‘make money blogging‘ craze started three to four years ago. It has since spawned a plethora of small and insignificant little blogs struggling to make a couple of pennies online by blogging. They were told that they could make thousands per month by having advertisements on their blog and attracting people to their blogs. This is most certainly an example of hype and one that has caught out so many individuals online. A huge percentage of blogs are lucky if they can pull off their monthly hosting costs and blessed if they can attain a profit. The point is that very few blogs actually succeed and pull through, some blogs get to the ‘out of the darkness’ stage (some people know their blog exists) and never go further than that.
Skyrocketing Your Blog To Success And Stardom…How Exactly Can This Be Achieved?
Your blog can succeed, but competition in the industry is only getting tougher, more and more bloggers are coming out of nowhere and are gaining credibility in their respective niches and markets. Skyrocketing Your Blog To Success is no easy task, but it’s not extremely hard either. It comes down to presentation, process and promotion. These three P’s are the most important factors in deciding your blogs success. They are a streamlined way of looking at your blog and ensuring that all the cogs and gearwheels are truly interlocking.
Presentation
This refers to your blog and it’s overall appearance, it also relates to your own personal appearance. In addition to this it includes your demeanor towards people, your personality, how you respond to emails, messages etc…You have to always be focused, caring, generous and positive, especially when replying to reader comments, reader emails, business emails or client messages. An aura of positivity will welcome the reader to visit your blog more in the future. One email not responded to may lose you a reader for a lifetime, or at least the next six to twelve months. First impressions are everything, don’t lose visitors because of slow load-time, excessive ads, bad content, obscene language etc…
Process
Process is more about your content writing than anything else, but it also involves your work and life schedule. Processing your blog posts means that you ensure your points are clear, concise and convincing, you should also aim for them to provide new value as opposed to older post points being rehashed in a new post. Your writing process should include a clear writing, editing and proof-reading stage, graphic enhancements are optional as some people want to reduce blog load-time and opt out of using them altogether. Streamlining your life has many benefits, it means that you spend less time procrastinating and more time doing actual work. Procrastination occurs when you feel you have the time to do so, make your deadlines and work margins razor sharp so you don’t have as much free time.
Promotion
The most important stage of the blog posting process, and the most forgotten stage of the blogging process. If you don’t promote your blog post…who’s going to read it? Yes, I know you may have RSS subscribers, but you really need to boost your readership further. Twitter, Plurk, FriendFeed, Pownce, Identi.ca, Digg, Mixx, StumbleUpon, Reddit, Delicious, MyBlogLog Members, BlogCatalog broadcast, email list subscribers and the list goes on…Develop big networks on the above social media sites and use them all when you publish your next post, you’re bound to get a couple of hundred extra visitors.
Can You Really “Make Money Blogging”…Is It The Result Of Excessive Hype And Buzz?
All in all, being a blogger can earn you money, but it is truly hard work (especially for people starting anew who don’t know much about social media etc…). I often refer to my blogging journey as a 180 degree roller-coaster experience because I’ve just learnt so much about Blogging, Programming, Writing, Social-Media, SEO, SEM and so many more topics. Successful, Money-Making and Hot Topic blogs are the result of a profound understanding of people, what they like to read, how they interact with a web-site and what makes them ‘tick’ or inclined to respond. In the end it comes down to the age old expression -
“You only get out what you put in“.
Tags: b5media, digg, huffington post, make money blogging, pay per lead, perez hilton, seo, techcrunch, twitter
Posted in Business Fundamentals
Did You Enjoy Reading This Article? If Yes, Subscribe To My RSS Feed!
- Thou Shalt Blog « Arresting Development
9 Responses to “The Shortcomings Of Blogging As A Viable Business Model, Insights Into Make Money Blogging”
Could not agree with that final sentence. Certainly takes a lot of work to get your blog established and even then you won’t exactly be raking in the money just yet. However, if you continue to persevere and get your blog right up there with the elite you can make a bomb.
Good post as usual Fabz.
I really believe that consistency is the key to a successful blog. And I mean consistency in everything you do – consistent blog posts and consistent promotion. I just think that if you keep at it eventually it has to suceed.
as usual u’ve given us another excellent article…keep it up!!
Thanks – that was a great post and very motivating to keep moving in the right direction and it further confirms to me what blogging is all about.
Yes, it is a very comprehensive post on the basic principles of successful commercial blogging. Probably it will take some more time before I can become one. Right now I’m happy with the responses of readers to my blogs. I reckon the financial rewards will come later on. Thanks for the informative and educational post. God bless you always.
Yes, it’s very true- many sites actually give bloggers and the wannabes the wrong impression that blogging is easy to make big bucks. It really takes a lot of hard work and it’s worse if the person always suffer from the ‘writer’s block’. This is a great site that I’ve just discovered today
Matt: Thanks for the comment Matt, it is definitely a true statement. Successful people did not get where they are today by procrastinating for the better part of their lives, they took action, made goals, aimed high and eventually got there, or somewhere close to it.
Paula: I’ve always known that being consistent is important, but I am only now discovering the magnanimity of it. It is so crucial in all aspects of life, doing something well on one day and slacking off the next will not get someone very far. They have to do it well everyday and improve. Thanks for taking the time to share your thoughts and opinions, it has definitely added to the post.
Brett: Thanks Brett, I’ll be getting in touch with you very soon, regarding DevelopingEyes.Com. Look forward to speaking in the near future.
Evita: No problem Evita, great to see you here at SFBM, look forward to you participating even more. You can make money blogging, but it is difficult for most to earn a substantial income blogging, one that they can live off that is.
Mel Avila Alarilla: I appreciate your words of wisdom and praise, if you need any help, constructive advice or pointers – please feel free to contact me at any time so I can provide my critique which will, in turn, help you to succeed in making money online.
Yin Teing: Tell me about it Yin, I get so tired of people who hype ‘make money blogging’ and ‘make money online’. It is really frustrating when you see them flashing their checks about.
This is the problem, some people who make money online easily forget how difficult it was to get started and actually starting generating substantial income. So when they need to give people advice they give vague comments and drop a few financial terms here and there, they do not remember how difficult it was for the person starting out and how easily people got confused.
A truly fantastic comment Yin, thank you for taking your time to drop a few lines. I look forward to seeing you more frequently at SmallFishBigMoney.Com – P.S. I was on your blog a while ago and I really enjoyed reading a post of yours, so thanks for that.
Hi Fabien,
Great post. You definitely have me intrigued with your site. I am looking forward to learning from your mistakes in this blogging experiment.
Ill be visiting again soon!
Cheers,
Jeremy