Erich Stauffer

Tag: Blogging

  • The Monetization Connection

    How to make money from a blog or mini-site

    Previously I wrote about blogging for profit, but didn’t go into detail about how to monetize the content. In other words, how do you make money from a blog?

    There are three primary ways to make money from a blog:

    1. Ads – this is the easiest, but lowest-paying form of revenue. However, it can be a good way to get started and prove viability. Popular ad networks include Google Adsense and Chitka. Ads like these are pay-per-click or PPC which means you get paid regardless of if the advertiser makes a sale.

    2. Affiliations – Affiliate ads are potentially more profitable, but require a well defined niche or else it is too hard to attract visitors that will actually buy the products you are promoting. Affiliate ads are pay-per-purchase or PPP, which means you only get paid when the merchant advertiser makes a sale.

    3. Direct selling – This is when you are directly selling something on your site that you are responsible for fulfilling. This has more potential for profit than affiliate advertising since you can make higher margins, but its more risky and you have to do fulfillment yourself. Examples of this can be anything from ebooks to beef jerky.

    4. (Bonus) Transform – the pinnacle of a website is when it can be converted into a book or television show. This means you have hit the big time, but its because your site has the two major ingredients listed below.

    What do all four of those revenue sources have in common?

    1. Original Content – some estimates say to post up to eight times a day. If you are just starting out, shoot for once a week, then move it up to once a day per blog.

    2. Visitors – Don’t stop writing content until you have at least 200 visitors a day (track with Google Analytics). If you already have 50 or more posts, but are lacking in traffic, start promoting your sites.

    Promotion

    The easiest way to promote your site, like with SEO, is to start with your site. Make sure you are linking to previous posts with appropriate keywords (I call this ‘threading the needle’, but its also known as ‘siloing’) and displaying navigation correctly. Visitors should be able to find more content they want to browse easily, but remember the goal is to monetize by either promoting other people’s goods and services or by selling something yourself so don’t get too carried away in internal self-promotion.

    Once you have fixed any issues on your site and made internal linking a habit, begin bookmarking your posts on social bookmarking sites like Reddit, Digg, and Delicious. After that is done, look to join a relevant forum to join and comment often. Soon you will be able to add a signature that will show up on all of your forum posts with backlinks to your site.

    If you do all of these things and you are still not successful, try a different micro-niche.

  • Blogtrepreneurs Blogging for Profit

    The Internet is a great unsettled land not unlike the discovery of a new world – and entrepreneurs everywhere are taking notice

    Entrepreneurs who blog for profit are sometimes called Blogtrepreneurs. Whether they come from a business background, an Internet marketing background, web design background, or are still in high school, anyone who can identity a niche (read: need) can turn content creation into revenue creation. In fact, that is exactly what I do everyday whether I’m actively working on a blog (or mini-site) or not. That is because blogging for profit is like a fly wheel. It takes a lot of energy to get it going (finding a niche, an appropriate domain, adding content, and promoting), but once the fly wheel is going it takes little effort to keep it going and you are free to start a new fly wheel, or blog.

    Niches

    Niches are segments of a market and are generally well covered. Micro-niches are segments of a niche and are generally covered less. This is where blogtrepreneurs can add value to the market by helping people find answers to what they are seeking in a nook of a market segment. For example, digital cameras are a market. SLR cameras are a niche of digital cameras and NIKON SLR cameras are a micro-niche of SLR cameras. A site about NIKON SLR cameras could sell it promote or educate about the cameras themselves and about all of their accessories. I have a blog about family photography that talks about different digital cameras and techniques for taking family pictures, for example. Identifying a micro-niche is not easy, but there are many sites out there that can help you identity how to find a niche.

    Domains

    Once you have a niche picked out, its time to secure a domain. There are still good domains to be had, but everyday there are less and less as more people gobble up the remaining ones. In the same way there is only so much land, there are only so many words and combinations of words, which is what adds to domains value over time. When choosing a domain you should include your primary keywords if at all possible. If you don’t know what your primary keywords are for your niche, stop and find out. There are plenty of sites with advice on how to choose the right keywords, which you should use  in your domain. Domains can be registered at registers like GoDaddy.com, but also at hosts like HostGator, 1and1, and BlueHost. I can recommend any of these.

    Content

    Once you have your domain registered with hosting, you’ll want to start adding content. One of the easiest ways to do this is to setup WordPress on your server. BlueHost makes it easy with SimpleScripts, but you can install it manually almost as easy at 1and1 and others. Once WordPress is installed, you can start adding posts, but where will you get the content? Think of writing content like writing a research paper. You can’t copy works, but you can quote and reference. Ultimately you wafted to add commentary and value to the material without plagiarising. You won’t get an F, but Google may not rank your site if it contains duplicate content so write your own. For my nook covers site I pieced together facts around the web to create something whole and new and its paid off.

    Promotion

    Now that you’ve created your content its time to promote your site. Promotion starts from within and that means finding a WordPress theme that is SEO ready it making it so. I’m not going to go into SEO here, but there are lots of sites that explain all about search engine optimization. The next step is creating backlinks, which are links back to your site from other, preferably relevant, sites. Think of backlinks as votes that Google uses to decide who it should rank first for a given set of keywords. Find relevant sites to create backlinks on by commenting or by adding to a forum discussion for example.  I was able to greatly increase my ereader accessories traffic by adding a link to it in a forum about ereaders.

    So do you think you have what it takes to be a blogtrepreneur? Don’t wait. The longer you do the more you delay getting paid and risk losing out on the perfect domain. Want more? Check out my other blog on how to make money online.

  • My Media Heroes

    I’d like to share who some of my heroes and inspirations in the publishing business (bloggers, media moguls, and Internet marketers) have been and are:

    • Nick Denton: President and founder of Gawker Media, an online publishing group which puts out titles such as Gawker, Gizmodo and Lifehacker. Nick has been involved in internet media since 1996, first writing on the subject for the Financial Times of London, and then founding two companies in the late 1990s. First Tuesday, an internet-era events business with branches in 80 cities, was sold in 2000. Moreover Technologies, which is headquartered in London, provides news search technology to Fortune 500 companies and portals such as MSN. After graduating from Oxford University, Nick began his career as a foreign correspondent for the FT during the revolutions in eastern Europe. Later, while investment banking correspondent, he co-authored All That Glitters, the definitive account of the collapse of Barings Bank.
    • J. Michael Arrington: Founder and co-editor of TechCrunch, a blog covering the Silicon Valley technology start-up communities and the wider technology field in USA and elsewhere. Magazines such as Wired and Forbes have named Arrington one of the most powerful people on the Internet. In 2008, he was selected by TIME Magazine as one of the most influential people in the world. Wired magazine also included him in a flowchart of “internet blowhards” citing his obsession with “Web 2.0”.
    • Walt Disney: During a 43-year Hollywood career, which spanned the development of the motion picture medium as a modern American art, Walter Elias Disney, a modern Aesop, established himself and his product as a genuine part of Americana. David Low, the late British political cartoonist, called Disney “the most significant figure in graphic arts since Leonardo DaVinci.” A pioneer and innovator, and the possessor of one of the most fertile imaginations the world has ever known, Walt Disney, along with members of his staff, received more than 950 honors and citations from every nation in the world, including 48 Academy Awards and 7 Emmys in his lifetime. Walt Disney’s personal awards included honorary degrees from Harvard, Yale, the University of Southern California and UCLA; the Presidential Medal of Freedom; France’s Legion of Honor and Officer d’Academie decorations; Thailand’s Order of the Crown; Brazil’s Order of the Southern Cross; Mexico’s Order of the Aztec Eagle; and the Showman of the World Award from the National Association of Theatre Owners.
    • Rupert Murdoch: An Australian-born American media magnate and the founder, chairman, and chief executive officer of News Corporation, often called News Corp. Beginning with one newspaper in Adelaide, Murdoch acquired and started other publications in his native Australia before expanding News Corp. into the United Kingdom, United States and Asian media markets. Although it was in Australia in the late 1950s that he first dabbled in television, he later sold these assets, and News Corp.’s Australian current media interests (still mainly in print) are restricted by cross-media ownership rules. Murdoch’s first permanent foray into TV was in the UK, where he created Sky Television in 1989. In the 2000s, he became a leading investor in satellite television, the film industry and the Internet.  Murdoch and News Corp now own MySpace, Fox, and the Wall Street Journal.
    • Alan Webber: An award-winning, nationally-recognized editor, author and columnist, he launched Fast Company, the fastest growing, most successful business magazine in history and winner of two national magazine awards, one for excellence and one for design. He was named Adweek’s Editor of the Year in 1999, along with co-founding editor William Taylor. Webber understands the important characteristics of a “fast company”: the ongoing competition for the best people, for great ideas, and for the right way to think about leadership.
    • Biz Stone: Co-founder, Twitter Inc. Stone helped found things besides Twitter: Xanga, Blogger and Odeo. He worked for Google with Blogger. He once won a debate at Oxford Union.
    • Mark Elliot Zuckerberg: An American entrepreneur best-known for co-founding the popular social networking site Facebook with fellow Harvard classmates, Dustin Moskovitz, Eduardo Saverin, and Chris Hughes where Zuckerburg is now CEO. He is currently one of the youngest billionaires in the world with personal wealth of US$4 billion in 2010 due to his 24% share of Facebook.
    • Matt Mullenweg: The founding developer of WordPress, the blogging software that runs much of this site and millions of other sites around the world. He wrote the foreword to WordPress for Dummies and the French WordPress book. Matt worked at CNET Networks, but left in 2005 to found Automattic, which is the company behind WordPress.com, Akismet, Gravatar, bbPress, IntenseDebate, and BuddyPress. Matt is or has been an adviser to Sphere, WeGame, Rescuetime, and Foodzie.

  • Analyzing Actions

    youtube-diggI decided to do a little research on how this blog was doing.  I went to Google Analytics, which records data on what keywords visitors use to find this site and exported the data into Microsoft Excel.  Data has a funny way of changing your realities from what your gut thinks to actual reality.  What we intended this blog to be about can be summed up in one sentence:

    Thoughts lead to actions and actions lead to results, so to change your results, you must first change your thoughts.

    This meant that Zac and I wrote mostly about thoughts, actions, analyzing the way you feel and think – basically changing the insides in order to affect the outsides, the results, in order to achieve success.  What the analysis told me is that even though we are writing about all that, most visitors only care about one of two things, “How to Delete a Digg Submission,” and “Youtube Query String Parameters.”

    Both of these subjects, or posts, are in the “Programming” category, which, out of all the categories (Actions, Economics, Entrepreneurship, Job Hunting, Life, LOST, Management, Marketing, Pop Culture, Small Business, Startups, Success, and Technology), Technology is probably the only one that is remotely close to being like it.  All the others, besides LOST, are mostly homogeneous.  So what we really have here is a kind of identity crises.  It’s a question of who we are.  It’s also an opportunity to innovate and make some changes.

    Blog Analysis

    Most popular posts and keywords are just one metric of the success or current state of a blog.  For each keyword there are, “Pages per Visit, Average Time on Site, Percent New Visits, and Bounce Rate.”  For example, the keyword which resulted in the most page views was, “youtube embed querystring parameters,” at 17 pages, whereas the keyword resulting in the lowest bounce rate, “creative avoidance,”at 42% also had 3 more page views per visit.  This tells me that out of all Managing Actions blog posts, the most popular post that also captures the essence of this blog, “manage your thoughts in order to manage your actions”, is “Creative Avoidance,” by Zac.

    I recommend breaking the “Programming” category off into its own blog and focusing on “Creative Avoidance“-type subjects along with the other popular trends in this category, “Purpose,” “Actions,” and “Confidence.” [Update: I have since started blogging about query string parameters (1,2) and how to stay alert. 9/15/2009]

    If you would like an analysis done on your blog or help with Internet marketing, please use the comment box below to leave your name and email address and we will contact you shortly.  Thank you for visiting Managing Actions – and may your thoughts lead to action!

  • Indianapolis Dentistry Embraces Twitter

    An Indianapolis dentist has begun using Twitter to reach out to his patients in a way that he has never done before.  “I didn’t even know what Twitter was until I started using it,” said the dentist.

    Twitter is a micro-blogging service founded by some of the same people who made blogging accessible to millions through Blogspot. The catch is that each blog entry is limited to 140 characters.  Users can post from their cell phones, email, directly on the site, or through third-party applications or websites.

    Our client now has 623 followers and is one the top-followed dentist in Indianapolis according to the Twitter directory, Wefollow.  A follower is someone who opts-in to hear what you write or “tweet” about.  We have seen traffic to their website coming from Twitter so we know it is working as a promotional tool.

    How can we help you promote your business online or around Indiana?

  • Technology That Has Changed My Life in the Last Decade

    Technology that has changed my life in the last decade (roughly in order by appearance):

    • camcorder
    • win 3.1
    • pop email
    • win 95
    • wwweb
    • geocities
    • hotmail
    • p2p file sharing
    • win xp
    • cell phone
    • dvd authoring
    • digital camera
    • web 2.0
    • win mce / dvr
    • gmail
    • cell phone camera
    • txt mesging
    • blogging from cell
    • gmail on cell
    • gmaps on cell
    • sms searching

    [Update 1/7/2012: This was written on April 20, 2007 so the time period is from 1997 to 2007.]