I’m Andy Henry,
I’ve been using the Internet for marketing purposes since 1999 and I’ve used just about every method you could hear of.
I’ve created this blog so that I can share what works and what doesn’t with anyone who’s walking a similar path and doesn’t want to have to relearn the lessons I learned the hard (and long) way.
Blogging Tips - How Blogging Can Create An Income
June 12th, 2009 by andyA radical change in the business of journalism has been evident
in recent months. During the last quarter of 2008 and the first
quarter of 2009 some of the most well-respected media
corporations have been facing economic challenges of major
proportions. Several daily newspapers in large U.S. cities have
been offered for sale, and if buyers cannot be found they are
likely to be closed. Others are facing bankruptcy. Not only are
these changes affecting shareholders, management and readers,
they are also forcing hundreds of journalists to look for new
sources of income.
In addition to these media upheavals affecting staff writers,
they also are causing many more freelance writers to seek out
alternative ways to generate revenue. One novel money making
activity that is being taken more seriously is blog writing.
Especially with online, electronic media on the verge of
replacing traditional paper-and-ink publications, it is not so
strange that web-logs, or blogs, may be ready to move from the
fringe sidelines to mainstream.
Although a handful of blogs, focused on politics and
entertainment, attract readers by the millions, these are
exceptional, not typical. Most blogs are lucky to attract a few
hundred or a few thousand readers per day. Given that such a blog
may be monetized to earn from five to ten dollars per day, how is
it possible for a would-be blogger to earn enough money from
blogging to pay the rent and put groceries onto the table? The
answer is volume.
If one blog can earn an average of eight dollars per day, it
stands to reason that 10 blogs could generate $80, which works
out to an average of about $2400 per month. Twenty blogs would
fetch $4800, and so on.
But, one may ask, how is it possible for any one person to write
enough blog posts to cover 10 or 20 different topics? The answer
is outsourcing. A clever, professional blogger can now find
sources that provide professionally written blog content for only
pennies per page.
This same savvy individual will also be aware that, through the
use of modern content management software, blogs can be set up
online in mere minutes. There are expenses, of course, such as
domain name registration and web hosting, but these can be
minimized to about ten dollars per blog per year.
Returning to the previous example of 20 blogs earning a gross
annual revenue of $57,600, expenses of $200 seems like a very
small investment.
It is no wonder that many underemployed freelance writers are now
considering setting up a network of blogs to replace the steady
income they once earned by selling articles to traditional
newspapers and magazines.
June 17th, 2009 at 12:30 pm
Hi Andy
I hear what you’re saying about these blogs. I know you’ve only outlined a very simple business plan here, but there are other expenses, such as paying the freelance writers to generate content for these blogs. How much content would be needed to keep these blogs fresh and income generating? If it’s every day, then paying someone perhaps $5 for an article to generate $8 income wouldn’t seem that good a deal?
June 29th, 2009 at 12:48 am
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June 30th, 2009 at 4:37 pm
Wouldn’t the same thing that works for blogs work for forums?
Rick
July 19th, 2009 at 8:52 am
Thanks for the comments (thanks for the thumbs up Will
)
Rick - yes, the principle can be applied in many ways. Blogs are obviously easy to set up and a lot of people are familiar with them now, so that’s why I used them for the example - but yes you can do this in many varied ways.
Andy