Actually it is really an old topic about how to use Blog to earn money. There are so many experts discussed about it and they even published books to give the solutions. However I still want to share some my own experience and wish it will give some helps.
Recently I saw a blog value list which is made by a blog observing survey. In this list, blog value is estimated by three indexes, link value, advertising value and article value. In my point of view, using these three indexes to estimate blog value is very precise. Now I will try to explain these three indexes one by one:
Blog article value index
Most new blogs in the first year are still unknown to the web users; if their traffic can reach 1 millions pv then it is already good enough. However, with this traffic, it is still very far away from entering the advertising market. The possible income for blogs in this stage is article license fee. If the articles in the blogs can be purchased by MSN or other bigger websites, the blogs will not just earn money but also let more target people know their blogs. The writers may also have the chance to be invited to open their own columns and sell the articles.
Simply say, if the blogs has won some reputation in their specific field, the profit from making the lecture, opening the column, publishing the books even the consultant’s fee should be counted as the blog article value. I believe this is the most realistic way to get real profit for normal blogs.
Blog link value index
In my Opinion, blogs suppose to receive highest rewards in this part but the reality is blogs always earn the least in this item among all. If blogs develop very well and are recognized by SEO company by high Page Rank value and great traffic (these two items have to time together to have high SEO effect), then they may be willing to pay to the blogs to link with their blog keywords. Although it is better than none, this income is still much lower than web master’s expectation.
In recent years, Google search engine do gives Blog product higher rank, and some well managed blogs start to have the chance to earn more though selling SEO product, even writing praise articles. For example, the blog which has good page rank post an article praising certain product, when users search this key word they may see this article, and then accept the product because they agree with the article.
This product has combined the article value, advertising value and link value, but the key point is about link value. Without considering the moral issue, this is the very unique product blogs can provide; therefore it supposes to bring more income to blogs.
Blog advertising value:
Even the blogs are developed very well, but it is still very hard to enter the “advertiser- media agent- media” value chain. The reason is very simple but also very critical, because blogs still cannot be counted as streamline media.
Therefore the most difficult part for blogs in creating its value is to let the advertiser buy the banner advertisement directly. Most of the blogs cannot get enough advertisements at the beginning; it may take them few years to really enter the mainstream value chain if they keep striving.
How to enter the mainstream value chain? Actually I cannot tell the answer. The only two clues I know so far are 1. Change to web media site through blog and then enter the mainstream 2. Find good salesmen.
In mainstream value chain, when people mentioned about blogs, naturally they get the impression of an unknown small website with BSP service. A single blog cannot avoid to be underestimated in this situation. Therefore, most webmasters have to introduce their websites as “the web media established based on blog”, or it will be very difficult for them to take the second step. The fact that blog sounds very “cheap” in mainstream value chain, is something really sad.
Then you need to find salesmen who are very familiar with the traditional mainstream value chain and let him use the way which is acceptable for traditional mainstream value chain to introduce the websites and present the powerful advertising effectiveness data , then the websites may have chance to enter the mainstream advertising market.
But it is difficult for a single blog get a salesman. If there are capable salesmen who don’t willing to under the rule of certain companies but wanting to set their own business, they can try to contact some top blogs, and form an assembly, then directly sell the advertisement to the advertisers and agencies. Surely this will be a good business and benefit both sides.
Last but not the least, there is one thing I have to mention, blogs still have to balance these three value indexes. The intensive information blogs have to lower down their page rank index. Because these blogs are very familiar with the characteristics of internet, they always have very good page rank, and the articles on this kind of blogs are very enough to be recognized by the web users in this certain field, their article value will also be very high, but this doesn’t means they will have same advertising value.
Edited By Vicky Yin
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