fap3 468x60 Surest way NOT to Make Money Online: Blog about Making Money Online!

Fact: “Blogging”, “Making Money Blogging”, or just “Making Money” in general is the toughest market to tap into.

Reasons Why Bloggers Fail in this Niche:

  1. Too much hype.  Most people looking to make money have tried just about everything possible, including: MLM, Network Marketing, Real Estate Programs, Ponzi Schemes(HYIPs), Surfing Programs, Egold Scams, etc etc…It could be compared to the Diet industry as most people have tried every potion, powder, exercise program etc, with no real lasting results.

    The people are looking for real solutions to their problems, and skepticism has been bred by years of failed claims and promises.

  2. Extreme Competition.  Everybody wants to make money, they’re even passionate about making money, seriously who isn’t?Even the Filthy Rich still want more of it.

    The more competition the harder it is to succeed, in the given Niche.

    Personally, I chose this Niche, because I have been at this since 2000, and believe I have something unique to share.

    I also have some good ideas to make the topic fun and exciting (E.G. My Summer Roadtrip to Interview 50 Bloggers in 50 States.)

    I actually believe this blog has a good chance of making it to the level of John Chow(Read why he says: “The Majority of Bloggers Will Fail“), Shoemoney(Read what he has to say about “The Pursuit of Happyness“, or Steve Pavlina(He wrote a really good article on How to Make money Blogging.

    A good example of a blog that came up out of no-where and made it in a competitive topic would be Dosh Dosh(Circa Jan, 2007). Read what Maki at Dosh Dosh had to say on “reaching 10,000 subscribers“.

    So it is still possible to make money in this topic, it’s only harder, and takes a lot more dedication.

  3. It’s all been said before….45n5 Wrote a good post about how everything on how to make money blogging has already been said before on one blog or another…

    Most newbie bloggers to the ‘Make Money Niche’ are imitators, or rehashers of info.

    Rehashing info might get you some notice, but to really make it, and be the next big blogger, you absolutely MUST be original, you cannot re-hash information and expect to make it anymore.

With all of that said, if you’re still gunghoe about going for the “Make Money” Niche. Here are Some tips to succeed in this Niche. (Heck these are good tips for any blog really, but especially one on Making money and Internet Marketing):

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  1. Web 2.0 was the Blog and Social Networks. Web 3.0 will be Audio/Video. Use Video / Audio often. Change it up, and be different.
  2. Network, Network, Network! Be sure to build up your network(I can’t say enough about using Twitter to this end.)
  3. Get them to subscribe. I’d reckon to say each subscriber to your feed is worth a good $1 per month, if not much more. Read more about finding Subscribers here.
  4. Do you Tweet? Did I mention how wonderful Twitter is?When I write a good post, I usually will send it out 3-4 times to my twitter followers. I will send out the link to digg it, the original link, and the link to stumble it. This get’s me huge exposure and a ton of traffic.
  5. Don’t be afraid of A-list bloggers. If you have a good product, or idea you can’t be afraid to approach the A-list bloggers. My suggestion, though, is not to just go for one, but go for 3-4 at a time, a lot of times some of them may not like your idea, but if one does – you win!
  6. Create meme’s. A good is example is my ‘Feed the Twitter Monster‘ meme…
  7. Make Lists and Lot of Them! The best bloggers use tons of lists with bullets, pics, good formatting, and the whole nine yards. People like easy, concise information. Give your readers what they want.
  8. Use your Blogroll Wisely. A blogroll is very important. All of the A-list bloggers usually link to one another via the blogroll.If you want to be an A-list blogger it’s a good idea to put links up to them asap, whether or not they return the favor. The point is that some day they will return the favor. But you have to start the linklove.
  9. Go fishin’ with Linkbait. You need to write as many high quality blog posts as you possibly can, then you need to have your network of friends and twitter followers stumble, digg, and bookmark them.If you do this, you will get a storm of traffic and many will even link to your posts if they’re good enough and this will give you some good Search Engine Juice.
  10. Paid advertising. This is not an option. This is a MUST! John Chow got popular by branding himself all over google, and websites with the keywords ‘make money online’.Did you know – as popular as John Chow is, he STILL uses google adwords to promote JohnChow.com?

    What does that say to the importance of using payperclick? I even saw an ad for JohnChow on this site, and I must say it threw me off a second. That’s when I realized it must work.

  11. Post a post or five every single day. You absolutely have to keep content coming, the more the merrier. If you miss a day or two, you will have to work that much harder to bring people back to your site.Also for every 5 posts, at least one should be a really big post.
  12. Comment Often. Be sure to be a good commenter on other people’s websites. Especially if someone links to you – go to their blog and leave a comment, trust me. It builds trust and they will come back to your site often.

    Along with good commenting, is being a good responder – responding to your readers will create trust and rapport, and bring them back for more(Wow, I’m a poet and didn’t know it!).

  13. A good design can make or break you. You must also have a good site design, and it must highlight the top posts on your site, and any flagship content that you have. Also the design is paramount to getting revenue with adsense or any other advertiser. If your ads fit in nicely you will see much better results, and your private advertisers will be more ready to dish out the money.

Conclusion:

If you cannot do ALL these things, then get the hell out of this Niche. There are many more things I may have missed that could be added. 

If you can’t do these 13 simple things - you are in the wrong Niche, and as harsh as it sounds you most likely will never make more than $5 – $10 a month blogging. With the cost of gas and other life expenses now a days that won’t get you very far.

If you can’t do all these things religiously -  go blog about Butterflies, or Roach control, or something else unique like that. You will receive a lot more money in a less competitive Niche, but that is another blog post entirely.

 

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