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Many factors are in play for a successful and rich blog.
Dan Lyons could easily get more money from small donations (people giving $10 each) than he could from advertising.
ari
Well done, though.
You are absolutely right that you have to sell your own stuff - my Adsense income is a very nice bump to start the month with, but I couldn't live on it.
Whatever, like Kay says, you're always motivational.
Thanks.
Perhaps better would have been 2 years from when you start marketing yourself/your blog
Goes to prove that it's much more difficult for bloggers to become marketers then it is for marketers to become bloggers.
Now, a very smart marketer will figure out a way to leverage the large base of bloggers that aren't making the cashola they should and teach them how to do it.
For a nice fee, of course ;-)
To me lot of ads on a blog looks desperate. If the ads don't serve me as the reader and my reason for even being there, it's just inconsiderate and a bad use of space.
Dan Lyons isn't the enemy, seems like hes raising some important and plausible points; anyway, successful people are the exception anyway. Right?
I run better numbers than he does with a TINY fraction of the traffic. I'm not a great writer, and I'm not a genius. You're right - it's ALL marketing. Sell yourself, and you'll do A-OK.
Stealth, I didn't say Lyons was the enemy. He was just wrong. You can make good money as a blogger...its just that he was going about it all wrong. For example, was he capturing email leads for those 1.5 million readers? If not, case in point.
One definition of information is "whatever reduces uncertainty." In other words, good blogs answer our real questions. In the process of clarifying these relevant questions and answers, we generally have to communicate with each other by visiting other blogs, commenting and generally trying to expand the knowledge domain around our given topic or theme.
My favourite blog is concerned antique tractors, which is all that I can afford for my hobby farm. The last time my three point linkage went willie-wonkos, a kind colleague in Scandanavia explained the problem, with his best effort at written English. The diagram he included actually did the trick, but even better was the friendship that we started.
Like I said, there is a lot more to blogging than the money. But as one sage expressed it, "do what you really love and the money will follow." So I say the community, shared ideas and mutual support which is the foundation of blogging is reward enough for me to stay in the game. If I make some money along the way, that would be good. And if I don't, at least I will not have to pay any tax.
This is a perfect example of a blogger who is a horrible marketer. Monetizing a blog has to be a multi pronged approach, and relying soely on Adsense as a means to monetize his blog, was shortsighted considering the type of traffic his blog was generating... and the blog has to be one component of a total business building system. Glad to see your showing others how to effectively monetize their blogs in 2009.
I totally agree with above statement, with near 500k visitors per day one should able to make much more, even adsense income should be much higher than the current figure.
Alas, everyone is talking about him now for his public bashing of his own baby. He might be a better marketer than you are giving him credit.
I know lots of bloggers who are far from "A-List" who are seeing an increase in readers (that is my experience), so is blogging dead or are certain "A-Listers" just getting stale to the readership?
I don't see blogging as dying. I just see it as more mainstream and that just makes some people feel so pedestrian.
In short, when people come to your blog to 'do stuff' as well as 'read stuff' is when serious money will be made by A list bloggers.
You're right on re: Lyons inability to correctly monetize. I can't imagine how many people could find a way to cash in very effectively on 1.5 targeted visitors in the tech field in a month!
Thank you.
I gather that Mr. Lyons' career has been working for media companies. He underestimated the value of their marketing platform that he gets to enjoy. Their sales staff then handles the monetization, too, so he can concentrate on writing engaging content.
The Internet does not suspend the law of gravity or provide any other magic. Why would Mr. Lyons think that his merely writing good info was going to pay him even close to the income that his major media company employers do?
Like any other type of successful entrepreneur, top bloggers wear multiple hats. Monetizing our own content requires a mix of skill sets that are only beginning to be widely recognized and taught.
Smart guy but he should have read your (or my) blogs!
Scott Fox
Author, Internet Riches
Best,
Charles Seymour Jr
http://twitter.com/UltimateWAHDads
Turning one's nose up at blog advertising smacks of elitism. I see absolutely nothing wrong with blog ads.
For a brief time I helped my brother (very conservative lawyer)with marketing. He considered advertising/marketing anathema in the legal field. He thought my efforts would make him look like an ambulance chaser. Although he was a tough nut to crack, I assured him he would see significant results without it appearing he had done any advertising at all. For the short time I helped him he saw an increase of over $100,000 due to marketing.
Let the blog snobs dominate the socialist milieu while the rest of us plug along in the real world, capitalism.
I'd rather read any blog that anything on Twitter - I'm not playing on that one!! :)
The short-sightedness of some industry know-it-alls has always opened doors and provided opportunities for those with a broader vision (like you).
Today's new wave of bloggers who really want to go pro could not be in a better position to make things happen. We can ride this evolution to success and write posts about how wrong the experts were.