Wired's Gadget Lab reports that Amazon.com has added a form where bloggers can sign up for Amazon.com's Kindle Publishing for Blogs beta program. The blog just needs an active RSS feed and Amazon can convert into Kindle content.
Any blogger can sign up for the company's 'Kindle Publishing for Blogs' beta program and set up an account to participate. Bloggers just have to made their feed available to Amazon’s website and the company will translate it into a Kindle friendly format.
Amazon hasn't made clear how much bloggers can charge for their blogs but it will split revenue from the subscriptions with the individual publishers. Currently most blogs on the Kindle charge $2 for subscription. Amazon has said individual publishers will get 30 percent of the revenue, with 70 percent going to the company.
It's probably not going to make a lot of money for bloggers and Amazon taking 70% seems a little steep. However, there are Kindle readers that do a lot of traveling that might pay to subscribe to their favorite blogs so they can read them on the plane or train.
The New York Times has an article about how a few YouTubers using YouTube's partner program are generating six-figure incomes. It isn't surprising considering the huge number of views some of the top YouTubers are generating. Michael Buckley - who covers celebrities on his What the Buck Show - has garnered over 100 million views. Making videos has become a full-time job for him.
For some, like Michael Buckley, the self-taught host of a celebrity chatter show, filming funny videos is now a full-time job.
Mr. Buckley quit his day job in September after his online profits had greatly surpassed his salary as an administrative assistant for a music promotion company. His thrice-a-week online show "is silly," he said, but it has helped him escape his credit-card debt.
Mr. Buckley, 33, was the part-time host of a weekly show on a Connecticut public access channel in the summer of 2006 when his cousin started posting snippets of the show on YouTube. The comical rants about celebrities attracted online viewers, and before long Mr. Buckley was tailoring his segments, called "What the Buck?" for the Web. Mr. Buckley knew that the show was "only going to go so far on public access."
"But on YouTube," he said, "I've had 100 million views. It's crazy."
Michael Buckley isn't alone in covering celebrities on YouTube. He has competition from Maria Sansone at Poptub and many others. That said Buck's energetic style may be hard to beat. Other YouTubers mentioned in the Times story include Cory Williams at smpfilmes - he made the Mean Kitty song - and LisaNova, who parodies Sarah Palin and makes other humorous videos. There is money to be made in videos but the path to success is not going to be easy and those planning to launch new YouTube channels should expect plenty of competition.
Caroline McCarthy at News.com's The Social blog reports that the CBS Television Network is launching a program that will have local bloggers installing CBS News widgets in exchange for revenues. The CBS Local Ad Network is being managed by a company called Syndigo. One blog already approved for the CBS widget advertising plan is SFBayStyle - you can see the widget on the right side of the blog.
On Monday, the program was launched in a selection of the TV network's regional markets: Boston, Dallas-Fort Worth, San Francisco, Denver, and Chicago. Within the next few weeks, CBS has said, the CBS Local Ad Network will come to New York, Los Angeles, Philadelphia, Minneapolis-St. Paul, Miami, Sacramento, Pittsburgh, and Baltimore.
Some of the blogs currently participating in the new program are San Francisco's SFBayStyle and Boston's Red Sox Nation. Approved sites will be able to choose the content of the CBS headlines displayed (breaking news, sports, politics), as well as select from a number of options to determine, for example, whether they want video content in the widget.
Bloggers can't just embed a widget and hope for profits, CBS Television Stations Digital Media Group president Jonathan Leess told CNET News.com. "There's a screening process, obviously," he said. "We have to figure out or get some visibility into what the content is on that site, and then we screen, but we have a third party (Syndigo Networks) that administers all this for us."
CBS declined to share exact breakdowns of the revenue-distribution process. "All of it's based on certain traffic estimates from each of the sites, and (ad) placement," Leess said.
Paid Content says no payments will be made until over $50 are earned by the partner.
Payment is 45 days after the calendar month; payments that don't exceed $50 will roll over until they do. The contract runs one year. As far as I can tell-and I may be missing something in the fine print-members have to sign up before they are told the rev share amount.
Turning local bloggers into affiliates is a smart move. This is the kind of idea that could also motivate others to launch local blogs and generate a local blog boom. It may not necessarily be this exact program from CBS that ignites a local blog boom but the news networks do have some potential here to use blogs to spread their brand. The program that succeeds will be the one that bloggers can build a business around.
Google AdSense - an advertising vehicle used by many bloggers - is updating its terms and conditions for publishers using Google AdSense. A post on the Google AdSense blog says the changes have to do with future products - that may be priced, paid, or managed differently than current products - and with privacy requirements - that punlishers notify their users of the use of cookies and/or web beacons.
This time around, most of the changes to the Terms and Conditions fall into two broad categories: 1) future products and features and 2) privacy requirements. Specifically, one of the main changes is that the terms anticipate future products that may become available in other advertising formats and mediums, for example Gadget Ads. As we look forward to monetizing more online and offline content, we've re-worded some portions of the terms to make them applicable across a broader array of media and formats -- anticipating, for example, that future products may be priced, paid, or managed differently than current ones.
We've also added some specific requirements that make it necessary for publishers to post and abide by a transparent privacy policy that users see. According to this policy, publishers must notify their users of the use of cookies and/or web beacons to collect data in the ad serving process. This change relates to advertisers' use of innovative products and features like Gadget Ads and other offerings in the future.
The AdSense also says Google has made "made small changes throughout" the terms and services so be sure to read the entire revised document. Publishers will see the new terms will they try to login to Google Adsense. Publishers have until May 25, 2008 to accept the new terms.
The New York Timesreports on Google's clever plans to turn its very popular YouTube video sharing service into a video syndication service.
The Internet search giant is expected to introduce a service on Tuesday to allow Web sites in its ad network to embed relevant videos from some YouTube content creators. A Web site or blog specializing in hiking, for instance, might choose to embed hiking videos from YouTube.
The service, which represents the first major combination of a Google product with YouTube, will give video creators wide distribution beyond YouTube via Google's network, known as AdSense. Since the videos will be surrounded by ads, the service is another way for Google to cash in on the huge number of video clips stored on YouTube.
Several other networks distribute videos and ads on the Web, but none reach as many Web sites as AdSense.
Google said it would share revenue from the ads with the creators of the videos and with the Web sites that embed them, though it declined to specify what percentage of the revenue will be kept by each party.
If the television networks aren't going to turn website into syndication channels Google will it seems. For now these are generally just very short video clips but in the future full television shows could be syndicated in a similar manner.
Google has an introductory post about the new video units here. There is also a faq. The faq says the ads in the video units will be both pay-per-click and CPM based. It says reporting will be different for these ads than other AdSense ads. Website owners can select video content by selecting specific categories or by choosing a specific provider.
This will be a big deal for video publishers. Google says AdSense publishers can select specific providers so video publishers will be trying to get AdSense users to syndicate their videos. NewTeeVee has a short list of who some of the early video content providers are.
Read/WriteWeb says Google is expected to expand the number of video providers -- currently only a few YouTube user channels are being syndicated.
Ads have been run along side a very select few user channels on the YouTube site for a handful of months but these reports indicate that the program will be made much wider and be taken off of the site all around the web.
Here is an explanatory video from Google about their video units.
Paula Neal Mooney has a big list the includes the earnings of a number of bloggers. You probably saw the USA Todayarticle describing how tech bloggers Michael Arrington (TechCrunch) and Om Malik (GigaOm) have built businesses out of their blogs. If you are curious about what other bloggers make you should check out Paula's list of blogger pay.
The list isn't all-inclusive. For example, you will find Michael Arrington on Paula's list (it says he makes $1.8 million in ad revenue annually) but you won't find the blog-related income for Om Malik or Michelle Malkin. However, the list does provide the earnings for a wide range of bloggers from Mario Lavandeira (PerezHilton.com) who makes $468,000 - $832,000 to Lucia Liljegren (The Knitting Fiend) who makes about $3,000 a year from Google ads. Some of the annual blog earnings for other bloggers on the list include Darren Rowse ($360,000 or more), John Chow ($126,712), Randy Brown Grown Up Geek ($75,492), Thilak Raj Rao: Tech Buzz and Blog Talks ($36,735) and Matt Coddington: Net Business Blog ($12,000). The income is wide ranging but this is a long list of bloggers earning a good income or good supplemental income from their blogging activities.
Crediting the power of crowdsourcing an iStockphoto press release describes how freelancer Lise Gagne has sold 500,000 of her photos on the stock footage website.
iStockphoto pioneered the concept of micropayment stock imagery and was one of the first social networks in the world to actually pay contributors for the sale of their work. It remains the world leader in micropayment stock and is now the global volume leader in all stock photography sales, whether user-generated or traditional. iStock has more than 1.8 million members and an image or video is downloaded from the site every 2.5 seconds.
"Lise is a great friend, a true artist, and has really set the bar high for the members of our community," said Bruce Livingstone, CEO of iStockphoto. "We work very hard to promote our artists, providing training, business cards, partnerships, and advertising that give all our exclusive contributors maximum worldwide exposure. I believe Lise is the first of many who will achieve this milestone, as we have just barely scratched the surface of the worldwide appetite for imagery. What may be her most astounding accomplishment is that by our calculations, she just may be the most prolific stock photographer on the planet."
iStock artists are paid instantly every time one of their images is downloaded. Exclusive photographers can make 40 percent royalties on each image sold, and 50 percent on extended license agreements. iStock promotes its collection and photographers through aggressive marketing and advertising campaigns worldwide, and has many partnerships internationally that increase channel sales potential for its artists.
In recognition of her achievement, iStock is creating an iStock Wall of Fame, with Lise the first member inducted. She'll be joined by many more of the artists she has inspired during her meteoric rise.
It is interesting that iStockphoto is calling itself a social network in the release. They also offers blogs, profiles and friend features in addition to selling photos. Lisa Gagne says she likes the community aspects of iStockphoto.
"I love the community aspects of iStock so much and have learned a great deal from all my friends there since 2003," said Lise Gagne. "I fell in love with iStock right away, but never would have dreamt that someday it would be my career. But things have a way of working out: I got fired from my old design agency for spending too much time on iStock, and suddenly found myself with all the time in the world to give to photography. Now I hope to hit a million downloads in half the time it took to reach 500,000."
We don't know how much money Lise made from the micropayments on the 500,000 photos she sold but selling 500,000 photos is very impressive. It probably helps that many of her photographs are business oriented. You can see her photos and her iStockphoto profile here. Lise Gagne's blog and website can be found here.
The big rumor today first on Sam Sethi's Vecosys and now on Techmeme is that Google may be acquiring Feedburner. Valleywag blogs about why Google might want Feedburner and says the rumored purchase price is $100 million.
Text ads in feeds receive so little attention from readers that Google, which pursued its own trial, abandoned the experiment. Feed readers, the applications and sites on which geeky internet users scan news items, often do not support the graphical ads which brands prefer, closing off that avenue for a broker such as Feedburner.
So, why would Google pay such a high multiple, about 10 times revenues, for the startup? Probably, for the same reason it has developed Google Analytics: it is another way for Google to tie in independent online publishers. Feedburner provides an array of services to sites, such as email newsletter publishing, and the integration of external news and photos. It is more valuable as a publishing service than an ad broker.
Much like in the Google-YouTube deal there is also lots of content passing through Feedburner that Google would like to have ads on. Search Engine Land writes that Google is already testing ads in feeds and asks "so why is Google buying them?"
Feedburner already has an ad network so technically Google would be buying a competitor. So far Feedburner has focused on some of the larger feeds with hundreds or thousands of subscribers. This leaves tons of smaller feeds with little or no ads running on them. Google already has lots of advertisers using AdWords so they are constantly looking for more places to put them. Feedburner would fill this need for Google and it would make it much easier for Google to reach feeds and own the data on how people are subscribing to feeds. The deal makes good sense for the advertising behemoth but so far it is still only a rumor that they are about to acquire Feedburner.
It has been expected in the tech community that eventually retailers and marketers would have to pay to get bloggers and website owners to put more commerical and marketing-focused widgets on their sites. Google plans to make this a reality by including Google Gadget offerings in its AdWords/AdSense program.
Google is not alone. Tumri with its recent infusion of $6.5 million is also in the business of widget advertising. Technorati also recently asked an interesting question related to widget advertising in a survey. Niall Kennedy writes that widget construction and directory sites like Widgetbox and Clearspring also have plans for widget advertising. Mashable has a post about a widget affiliate advertising program called Starnum. And a TechCrunch post mentions a few others including Mpire, Boobox, AuctionAds and Ebay. Amazon.com also has a number of embeddable ad tools that Amazon affiliates can place on blog and websites.
Google won't be the only player in widget advertising but with its huge AdSense network it will be the biggest player. To get the best placement on blogs widget advertisers may have to offer a combination of cost per click, CPM and referrals. A widget advertiser only offering referral commissions probably won't get as good placement as a widget advertiser offering a high CPM rate or a combination of CPC, CPM and referall fees.
Future Competition for Human Bloggers: Super Intelligent Robot Bloggers
In the future human bloggers may face a new threat - robots that blog. These robot bloggers may have the advantage of having processors that are faster than our human brains and the ability to interface directly with the Internet. No typing necessary. The BBC is seriously reporting that South Korea is already concerned with ethical issues involving robots. They will be releasing the Robot Ethics Charter at the end of the year. South Korea's government also predicts robot surgeons by 2018.
A recent government report forecast that robots would routinely carry out surgery by 2018.
The Ministry of Information and Communication has also predicted that every South Korean household will have a robot by between 2015 and 2020.
The article also says that a UK study predicts that robots will demand the same rights as human beings before 2060. If the robots are smart enough to demand rights they will have no problem blogging.
Other bodies are also thinking about the robotic future. Last year a UK government study predicted that in the next 50 years robots could demand the same rights as human beings.
The European Robotics Research Network is also drawing up a set of guidelines on the use of robots.
This ethical roadmap has been assembled by researchers who believe that robotics will soon come under the same scrutiny as disciplines such as nuclear physics and Bioengineering.
A draft of the proposals said: "In the 21st Century humanity will coexist with the first alien intelligence we have ever come into contact with - robots.
"It will be an event rich in ethical, social and economic problems."
Even if all these robot predictions come true we humans should have at least another decade or two to blog freely without the threat of robotic competition.
Sahar Sarid at the Conceptualist brings up the possibility of a blogging subscription model emerging in the future. Sarid points out that newspapers, radio, television, etc all have subscrption models. Scott Karp, writing at the Blog Herald, discussed the concept more in this post.
The issue of whether any paid content online is "better than what you can get for free" has been debated since the dawn of the Web. What arguably makes some of the top blogs better than other blogs is that, by dint of their success, they have become scoop magnets, e.g TechCrunch, Engadget. That doesn't necessarily make their reporting or analysis better, but you can always get the information there first. Of course, if they were behind a pay wall, that advantage might disappear.
That's why the Seth Godin consultant model might be more viable. Darren Rowse at Problogger, for example, offers advice to bloggers equivalent to what you might get from a paid consultant.
The argument against a paid content model for blogging begins of course with ideology - there are many blog purest who would refuse to call a paid blog a blog. Blogging, traditionally, has been about openness and inter-connectivity, which a paid subscriber wall certainly does not foster.
In the future there will probably be some blogs run by experts in a particular field that will be able to charge a fee for access to their blog or feed. However, this will most likely be blogs/feeds that have to do with legal, medical and financial subjects that require an extensive knowledge base. There
have always been financial newsletters that people are willing to pay a fairly high fee for and there is no reason why this won't translate into paid blogs. But paying for blogs that simply offer blogging or marketing advice seems highly unlikely because there is so much of this information already readily available. If someone offering blogging or marketing advice tries to move their blog behind a subscription wall people will just go to other blogs offering similar content. There is no shortage of good blogging or marketing advice on the Internet.
The paid blogging model technically already exists as the New York Times has some blogs that are behind the Times Select subscriber wall. The Times has a blog called the Opinionator that can't be read without a subscription. There are several other blogs behind the Time Select wall as well -- see the "select features" section on the right.
The Wall Street Journal has an article (hat tip Digital Inspiration) analyzing what the job of blogger entails. The pay must have been good for the bloggers the WSJ talked to.
Most self-employed bloggers take in between $2,000 and $10,000 a month from ad sales, says Henry Copeland, founder of BlogAds.com, a Web advertising concern based in Carrboro, N.C. The few that have huge audiences make significantly more, he adds. During election time, for example, a political blogger can bring in $20,000 to $30,000 a month, says Ken Layne, West Coast bureau chief for Wonkette.com, a political gossip blog owned by Gawker Media.
That's much hire than what most bloggers make. Self-employed bloggers also put in many hours. Mario Lavandeira, who blogs at the popular PerezHilton.com blog, says he puts in 19 hour days.
Self-employed bloggers set their own schedules. Writers of breaking-news blogs say 40- to 60-hour workweeks are the norm. To scoop his competitors, Mario Lavandeira, author of the celebrity-gossip blog PerezHilton.com, says he averages 19-hour workdays that start at 5:15 a.m.
Those 19-hour days must help Perez keep ahead of his competition in the celebrity blogosphere. The WSJ piece says bloggers often start out with free blogging services.
CAREER PATH: Most bloggers start out using free Web sites such as WordPress.com and Blogger.com. They say it takes at least six months to build readership and clout in the blogosphere. Mr. Lavandeira advises picking an area you'll enjoy discussing for a long time because "you have to be passionate about what you're writing." A background in journalism or communications helps but usually isn't required. "I don't want to hear where candidates went to college or where else they worked," says Ryan Block, managing editor of Engadget.com, who hires most of the site's employees. "I review writing samples."
The blogging field is changing a little bit with many journalists becoming bloggers as part of their writing responsibilities with the magazine or newspaper they work for. However, many self-employed bloggers do start out on free blogging services and eventually migrate to their own web domains.
If it is taking you too long to accumulate friends on MySpace you can always
buy them. TradersTrade.com (also a Writers Write, Inc. blog) reports that a MySpace account is for sale on eBay with 100,000 friends. There has only been one bid for this MySpace account at $1,800. If you do the math that
translates to 1.8 cents a friend.
If you run a search for MySpace accounts you will find a couple
dozen MySpace accounts for sale with various levels of friends. These auctions listed below are ones that actually have bids.
It's silly stuff but looking at these eBay auctions you come away with
a vague notion that MySpace friends are worth about 1 cent each or less. The auctions with more MySpace friends appear to be getting a little more value per friend than the smaller auctions.
The Christian Science Monitor has an article that looks at what bloggers can make from their blogs.
A little more than $1 billion, or one-fourth of all advertising online, went to Google's AdSense program in the third quarter of 2006. Of that, Google shared $780 million with those running AdSense. Approximately 3 million blogs now use AdSense, according to the blog-tracking site Technorati.
What isn't known is how that $780 million was distributed over those roughly 3 million blogs. But anecdotal evidence suggests that there's a majority making nothing, a sizable minority bringing in at least $100 a month, and a few making serious money.
The article cites a recent survey from problogger.net that found a significant percentage (45%) of 625 bloggers using AdSense make over $100 a month from their blogs. The Monitor says the survey also found that 1/6 make over $1,000 a month from blogging -- so there are at least a hundred+ bloggers making $1,000 a month. The survey is likely to be a little biased towards bloggers that are already somewhat successful but it does indicate that there are some bloggers making good money from their blogs with AdSense. The Monitor article didn't mention it but Problogger's survey also shows 23 people making over $10,000 a month from AdSense.
One of the blogs mentioned in the Monitor story is Kevin Vahey's Charlie on the MBTA. The Monitor says Vahey makes $1,000 a year from his blog. John Chow recently wrote a detailed post where he explains his January earnings of $3,440.66. Chow used multiple tools including AdSense, Vibrant IntelliTXT, FeedBurner, Affiliate programs, TTZ Media, Text Link Ads, ReviewMe and direct ad sales to get to that figure.
Eager bloggers should note that it takes a lot of hard work just to build up enough traffic to earn $1,000 a year and even more dedication to make $1,000 a month. A lot of bloggers also just blog for fun or blog for the soul so if they make some income in addition to enjoying what are they doing so much the better.
The BBC reports that YouTube plans to share in ad revenues with Youtubers.
The system would be rolled out in a couple of months, he said, and use a mixture of adverts, including short clips shown ahead of the actual film.
YouTube has more than 70m users a month and was recently bought by Google.
The offer applies only to people who own the full copyright of the videos that they are uploading to the YouTube website.
The BBC article says any pre-roll ads will be short -- about 3 seconds short.
The audience of the YouTube website will not have to put up with overly long "pre-roll" adverts. Mr Hurley said a clip of three seconds length was one of the options, although the details had not been worked out yet.
Three seconds doesn't seem very long but YouTube has to be careful -- it won't take much to turn off users and send them flocking to one of the many competing video sharing sites. It is even possible that no form of pre-roll will work no matter how short it is. Check out Ad Brite's In Video product for a much different video advertising strategy.
YouTube cofounder Chad Hurley made the announcement at the World Economic Forum in Davos. You can see the video here (thx Jeff Jarvis). In the video Hurley also talks about YouTube's plans to protect the copyrights of music and video publishers.
The BBC also notes that Revver, another video sharing site, already has a revenue sharing model in place. Metacafe is another
video sharing site with a producer rewards program. Break.com also pays for some content according to a Lifehacker post. Down the road some of the video sharing websites may offer to pay more for exclusive access to content. Until then many video content producers will probably try out multiple video sharing websites to see how and where they can earn the most revenue from their videos.
TechCrunch reports that Brazil-based BooBox will be launching a tool to help bloggers sell products from their blogs using clickable images. With BooBox bloggers can add clickable graphics that when clicked open a window over the browser page that displays products that people can purchase. For example, when a photograph of a woman wearing sunglasses is a clicked a window opens showing a selection of sunglasses. The purchase can be completed in the window that opens. Amazon.com is the retailer used in the online demo located at the bottom of the BooBox homepage. BooBox says it uses tags to control what products are shown when the image is clicked on.
You won't even feel it: you tag your image, we send it to the e-commerce website that send a list of possible itens related to your image. Each image tagged gets a booBox icon over it to show your audience where to click.
Presumably you would just tag your image as iPod, TMX Elmo or Versace sunglasses and BooBox's window will show related products when the image is clicked. In the demo you can see the small BooBox icon that gets placed on the images. BooBox likely also provides a snippet of code that bloggers will have to place somewhere on their blog to make the clickable images work.
TechCrunch gives the BooBox an early thumbs up but notes that it isn't clear whether or note they will charge for the service.
Since sites will be using their own affilate codes, booBox won't be able to directly take a cut of transactions. It isn't clear if they are launching this for free, or charging for the service. Pending their position on that, as well as details on how difficult this will be to integrate with websites, I'm giving this an early thumbs up. This may be quick acquisition bait for Amazon or eBay.
However, it seems pretty clear on the website that they do not plan to charge for use of the tool.
How Much Does It Cost To Use The BooBoxes?
For you, nothing. We want you to earn a lot of money with your blog.
There are some affiliate merchant tools like GoldenCan that utilize a 4th click feature where every 4th click is actually GoldenCan's affiliate link but the BooBox website does indicate any kind of 4th click implementation. Maybe they are planning some other feature or service they will charge for. Otherwise it is unclear how BooBox will profit from the implementation of their service.
The idea of linking graphical images to windows offering an array of products from an affiliate retail site is one that might work for some blogs. Michael Arrington said "I imagine Gadget and fashion sites, in particular, will be looking into this quite closely." One possible downside with an image-linked affiliate tool is that blog readers may not be used to clicking on images so they may ignore them. The product window will also need to be extremely easy for users to close so blog readers are not annoyed by it. More coverage of the new BooBox tool can be found on Techmeme.
Google's Inside AdSense blog is blogging that AdSense will be down for four hours this afternoon. They recommend taking down Halloween decorations or trying out some turkey or tofurkey recipes while AdSense is down.
This Saturday, November 11th, our engineers will be performing routine system maintenance from 10am to 2pm PDT. Although you won't be able to access your account during this time, ads will still be served to your pages and we'll continue to track your earnings as normal.
While we know it will be hard to drag yourself away from your account for 4 hours, maybe this will give you a chance to clear away those cobwebs you told friends were "Halloween decorations." Take your pal Jack O. Lantern for a visit to that new neighborhood hot spot, the compost heap. When you've eradicated all the ghouls and goblins from your home, gear up for the next celebration by doing a quick search for turkey recipes (or Tofurky recipes, if you prefer).
The Online Marketing Blog is discussing the message Google's is currently displaying on AdSense accounts. It displays the text "The Google AdSense website is temporarily unavailable. Please try back later. We apologize for any inconvenience." in multiple languages.
An ePublishing Daily survey asked 415 bloggers how they planned to monetize their blogs. Highest on the list were AdSense (45%), developing information products (42%) and affiliate programs (39%). The results were also compared to an earlier survey conducted in January.
More professional bloggers are looking at monetizing their blogs via information products according to a recent survey.
According to the survey, 42% of those surveyed plan to monetize their blogs by creating and marketing their own information products - a big jump from the 29% at the start of the year.
The survey, conducted by ePublishingDaily (this blog) and completed once in January 2006 and again in October 2006 showed a marked increase in bloggers taking a serious look at information product publishing as a viable means of monetizing their blogging efforts.
In stark contrast with these results, reliance on AdSense (and other contextual advertising programs) has fallen from 63% to 45% during the same period.
The percentage of bloggers planning to use AdSense did drop in the survey. It also dropped for Yahoo's contextual advertising program from 27% to 21%. The "other" contextual ad category also dropped from 27% to 18%.
TechCrunch reports on a new site called ReviewMe that promises to pay bloggers for reviews. TechCrunch points out some differences between ReviewMe and PayPerPost. ReviewMe pays bloggers according to their traffic data from sites like Alexa and Technorati. ReviewMe also requires bloggers disclose that the review is a paid review.
ReviewMe has a somewhat different model that PayPerPost. Where advertisers on PayPerPost set a single fee that is paid to all bloggers regardless of their size, ReviewMe uses an algorithm based on Alexa, Technorati and other statistics to determine the importance of a blog and charges a different fee for each blog based on the calculation. Blogger payments range from $30 - $1,000 per post.
Also, Bloggers must disclose that the review is a paid advertisement. They can do this in anyway they choose, ie "The following is a paid review:" "Paid Advertisement:" etc. This is another improvement over PayPerPost, which is heavily criticized because it does not require disclosure.
Finally, advertisers can purchase posts, but they cannot require that a post is positive. The blogger can choose to write their honest opinion without fear of not being paid. The only requirement is that the review must be a minimum of 200 words.
ReviewMe is also running a promotion to launch the service which involves paying out $25,000 to bloggers for reviews of ReviewMe.
Here's how: every new blogger accepted into the ReviewMe network will immediately have the opportunity to earn cash by reviewing ReviewMe itself. This gives new reviewers a chance to see exactly how our system works, and helps spread the word about ReviewMe, too :-) (good or bad). This offer will be in effect until we have paid out $25,000 total for reviews.
Jarkocious registered and blogs that ReviewMe will pay him $50 for reviews.
Anyone can sign up for an account on ReviewMe. I just did, and completed the registration process with ease. Once you are finished with the sign in process you are offered the opportunity to add up to 6 blogs. Each blog is given a ranking based on an algorithm that takes in to account the sites Alexa and Technorati ranking as well as the number of subscribers to its RSS feed. The ranking then ultimately determines the price that advertisers will pay in order to have reviews placed on your site.
You, the blogger, will ultimately see 50% of the price that an advertiser pays in order to have you review their product. In my case, a review on jarkolicious will cost an advertiser $100, allowing me to pocket $50 for a few six-packs of beer, some pizza with a little pocket-change left to spare.
Deep Jive Interests was unfairly dissed by ReviewMe. Deep Jive writes, "Maybe they also take PageRank into account, because being pagerank purgatory, I'm still saddled with the scarlet 'zero'."
LiewCF is blogging about ReviewMe's giant RSS button. The big RSS button can be found on the right side of ReviewMe's blog. They claim it is the world's biggest RSS button. It looks like it is at least 250 x 250 pixels.
Blog P.I. has used the National Journal Beltway Blogroll's post about bloggers being paid by candidates to compile a list of bloggers being paid by candidates in blogger/advisor roles. Blog P.I. used a prorated salary to show who the best-paid campaign bloggers are for each party. By prorated salary they mean "that monthly (approximate) salaries have been prorated to annual salaries." You will see several prorated salaries in the $30,000 to $50,000 range for candidates in both parties. Blog P.I.'s list also includes lump sum payments that have been made to bloggers.
Glenn Reynolds at Instapundit says "My prediction -- it'll be a lot more in 2008." He's probably right. A political blogger with a popular blog and online contacts could make a good income working as a campaign blogger for one of the 2008 presidential candidates.
Professional bloggers have to keep posting frequently because the competition is so intense and traffic tends to drop considerably if posts slow to a crawl or stop. This is especially true for entertainment and celebrity gossip blogs. The Editors Weblog has pieced together several articles in a post about popular blog personalities and web traffic.
Editors Weblog's post first notes the story in Chicago Business that says the Chicago Sun-Times traffic has plummeted 25% since Roger Ebert's departure to recover from his salivary-gland cancer surgery. Traffic to Ebert's own column has dropped 65%. Part of that drop could also be attributed to rather dull movies over the last couple months but a good percentage is definitely due to Ebert's temporary departure.
Editors Weblog then points to thisWall Street Journal story that discusses big traffic drops for several a-list bloggers when they took vacations even though they used guest bloggers. Editors Weblog gives two reasons why bloggers must continue constant posting.
Fans: Internet readers are fickle. If they get used to reading you and then all of sudden you disappear, there are plenty of other equally entertaining blogs and columns online that they will migrate to, soon forgetting about the enjoyment you used to give...
Income: ...and once the fans are gone, don't expect advertising revenue to get any higher. If you're paying the bills with Google Ads, you'd better keep posting.
The biggest risk to vacationing bloggers is probably missing a big breaking news story and not being there to blog about it. The Editors Weblog is correct that readers will look elsewhere and find other voices if you are not around, but that risk is always there whether you are on vacation or not. Most bloggers should be able to afford a week or two vacation. Traffic will drop but it should return to previous levels when the vacationing blogger returns. If you are really concerned you can always hire a guest blogger to keep posts on your blog going while you are away.
TechCrunch reports that PayPerPost, a controversial third party advertising service that pays bloggers for blogging about products and services, has raised $3 million in a round of financing.
The service is a marketplace for advertisers to pay bloggers to write about products for a fee. Commenters to our original post were polarized into those violently for and those againt the product. The key area of controversy is the fact that advertisers can mandate that posts be positive on the product, and disclosure of payment is optional for the blogger (screen shot at end of post shows sample available writing opportunities).
The controversy didn't stop venture capitalists from quickly jumping on board, though. On Tuesday PayPerPost will announce a $3 million round of financing led by Inflexion Partners and with participation from Villiage Ventures and Draper Fisher Jurvetson. Dan Rua from Inflexion and Michael Barach from Villiage Ventures will take board seats. Josh Stein from Draper Fisher Jurvetson will become a board observer.
TechCrunch is correct that there were some polarized bloggers when the service was announced several months ago but there was some indifference as well. You can see our roundup of blog coverage from PayPerPost's launch here. TechCrunch's post about PayPerPost's launch is here.
A list of the current ad opportunities for bloggers can be found here on PayPerPost's site. It looks like PayPerPost currently pays in a range of about $2.5 to $12 for a post depending on what the individual advertiser is paying. That could amount to some decent revenues for an individual blogger who doesn't mind blogging about a variety of different products and services -- and who isn't afraid their readers won't mind. However, PayPerPost alone isn't likely to generate enough revenues for a blogger to be able to quit his or her day job. For far more impressive revenues take a look at this story today from MarketWatch. Frank Barnako is reporting that Rocketboom is now charging $80,000 for a week of ads in their video blogs. Now that is some serious revenues. Of course, most blogs don't have anywhere near Rocketboom's traffic so they typically settle for a third party ad service or a combination of third party ad services.
The Pew Internet and American Life Project has a new report that is the result of over 200 in-depth phone interviews with bloggers. Pew has posted a 33 page PDF file of the results from the study. The study found that most bloggers use their blogs as personal journals and cover a wide variety of subjects including themselves -- 37% of bloggers said they blog primarily about "my life and experiences." Here are some interesting findings from the study.
55% of bloggers blog under a pseudonym, and 46% blog under their own name.
59% of bloggers spend just one or two hours per week tending their blog. One in ten bloggers spend ten or more hours per week on their blog. So, over 10% spend more than one hour per day attending to their blog.
34% of bloggers consider their blog a form of journalism, and 65% of bloggers do not.
56% of bloggers spend extra time trying to verify facts they want to include in a post either "sometimes" or "often."
49% said their blog readers are people they know personally.
87% of bloggers allow comments on their blog.
Just 18% said they have an RSS feed. However, 23% did not know if they had a feed or not!
41% have a blogroll and of bloggers with blogrolls 18% have a blogroll with 50 or more links.
The median number of inbound links was 13.
Just 7% said making money was a major reason they blog.
On Money: The study found most people don't blog for money. This wasn't a surprise at all because other studies have also shown that most bloggers simply don't care about making money.
The least common reason people blog is to make money. Only 15% of bloggers report this as a reason for their blog-keeping, and just 7% call making money a major reason. Bloggers over age 30 are more likely than younger bloggers to give making money as a reason to blog.
Publishing2.com calculates that this means there are about 3 million people blogging for money. Some of these 3 million may be very vulnerable to quitting should a significant drop in pay-per-click revenues be on the way thanks to high click fraud rates. However, it won't result in a significant reduction in the number of bloggers since most bloggers don't care about how much money their blog makes.
The study also included these two paragraphs about how people make money from blogs. One statement said 20% of blogging for money bloggers claimed to sell premium blog content? That seems awfully high.
Selling items is the most popular way for this group of bloggers to raise money. About seven in ten bloggers who make money do so by selling things on their site. Bloggers can sell items branded with their own logo or sentiment through fulfillment sites such as CafePress.com or they can join something akin to the Amazon Associates program that allows individuals who recommend an item for sale on the Amazon site to receive a small payment every time someone uses the link the individual provides to purchase the recommended item.
Blog advertisements are another popular way for bloggers to earn money; about half of money-earning bloggers do so through ads. About a third of money-earning bloggers say they get cash from online "tip jars" where readers can leave donations, either through PayPal or another online payment source. Premium content, which readers must pay for, is a source of income for about one in five money-earning bloggers.
A post by Joe Wilkert has us taking another look at the "premium content" information. The study found that 1/5 of the "blogging for money" bloggers sell premium content on their blog. Using Publishing2.com's figure of 3 million for the number of "blogging for money" bloggers gives you about 600,000 bloggers selling premium content. That might be reasonable if you include items like books and music in the premium content category. There are quite a few authors and musicians blogging.
Artist Uses Blog to Sell Paintings of Tech Gadgets
Gautam Rao is a painter who has created several paintings of tech gadgets, including the Mac and the iPod. Rao blogs about his paintings and links to them to eBay where they can be purchased. Rao has photographs of some of his work in this blog post. The blog post also includes links to eBay where these paintings are currently up for bid. A few of his paintings, including the Mac painting, have already sold. The iPod painting can be found on eBay here. The Raw Feed briefly sums up Rao's creative practice in this post.
Some say technology is rendering traditional painting obsolete. But Artist Gautam Rao still paints the old-fashioned way: with paint and brush on canvas. However, his subject matter is a little less traditional: He PAINTS THE COMPUTER AND GADGETS on his desk, such as his iPod, his Mac screen and closeups of icons. He even did a self-portrait (his image as it appears on his web cam). And then he BLOGS the lot and sells them on eBay.
It is an innovative idea. Blogs are a tool more artists should use to showcase and sell their artwork.
The San Francisco Chronicle (SFGate.com) reports on a click fraud study by Outsell Inc. that indicates click fraud is a serious and growing problem. Here are a few details reported by SFGate.com.
Clicks believed by advertisers to be fraudulent: 14.6 percent
Money paid by advertisers for bogus clicks: $800 million (2005)
Advertisers who said they were victims of click fraud: 75 percent
Advertisers who said they reduced click-based advertising or plan to: 37 percent
Revenue lost by Google, Yahoo and other Web sites, as a result: $500 million
Advertisers who request refunds because of fraud: 7 percent
Average refund: $9,507
Chuck Richard, vice president of Outsell, told SFGate that pay-per-click advertising is destined to be replaced.
"Pay per click is a really rudimentary advertising -- a baby step -- and it's destined to decline and be replaced by other advertising methods," Richard said.
Some blogging for money bloggers could be hurt financially if pay-per-click advertising is reduced because of the click fraud threat. Most bloggers don't make much money from AdSense or any other third-party advertising program. The exception are blogs with very high traffic and a targeted audience. If the Outsell study is accurate then some bloggers relying on pay-per-click money could be in for a shocker when their monthly checks shrink. However, it probably would not change blogging much overall because many bloggers are not in it for the money.
A blogstorm has erupted about a new service called PayPerPost.com that does just what the name implies: promises to pay bloggers per post for promoting a product or service in a blog post. Here is a list of the current opportunies that range from fast loan offers to Spider-Man 3. Matthew Ingram has a good post that summarizes the events so far. A BusinessWeek article called "Polluting the Blogosphere" first discussed PayPerPost.com. PayPerPost.com now has "As Seen in BusinessWeek" as part of its logo. Here is a little of what BusinessWeek had to say.
Murphy is launching PayPerPost.com, which will automate such hookups between advertisers and bloggers and thus codify a new frontier of product placement. Advertisers pay to post details about their "opportunity," specifying, among other things, how they want bloggers to write about, say, a new shoe, if they want photos to be included, and whether they'll pay only for positive mentions. Bloggers who abide by the rules get paid; heavily trafficked blogs may command premium rates. Those seeking to subvert PayPerPost from within can't: No pornographic or "illicit" content is accepted.
Murphy's approach used to be more ad hoc. He made invitations through e-mail via the BlogStar Network, which he started in 2004. BlogStar paid nicely -- a flat fee of $5 or $10 per post. "Easy money...go buy a burger or something," advised a BlogStar invitation from 2005 soliciting posts about cable network TNT's basketball commercials featuring HBO character Ali G. That come-on also told bloggers "we definitely appreciate more positive posts."
TechCruch followed with a critical post called "PayPerPost.com offers to sell your soul." This led to much more criticism of PayPerPost.com. Here are some comments from bloggers which have ranged from negative to indifferent to curious about PayPerPost.com.
Jason Calacanis: "The currency of blogging is authenticity and trust... you pay folks to blog about a product and you compromise that. I would almost care about this, but it's so obvious to everyone that this is either a joke or an idiot that there is nothing more to say."
Scott Karp at Publishing 2.0 calls it the swift-boating of the blogosphere: "It's the Swift-Boating of the blogosphere. Once you've been slimed, there's nothing you can do to shake it off."
Brandstorming gives 6 reasons why they think PayPerPost.com is going to fail.
Rob Hyndman says who cares: "The 'sphere's explosive growth has diluted its much vaunted authenticity, and the proportion of bloggers who reliably speak with unblemished candour is dimishing exponentially (and with it, the number of feeds I follow)."
Evilvlog notes a comment on the TechCrunch post that compares this type of advertising to ads heard on the radio -- like when the DJ promotes a product.
Mark Evans: "It's a just a business launched by an entrepreneur who sees an opportunity to make some money. The one major flaw within PayPerPost's strategy is there is no requirement for bloggers to disclose they're receiving a fee. This needs to be fixed ASAP."
Elliot Black: "See, blogging is about personal expression. If I want to blog about Peculiar Blue Dinosaurs, and Pay Per Post will happen to offer me a commission for writing about it, why say no? The only possible moral confusion I see is where the incentive is enough to sway a blogger's opinion about the service, which for a successful, popular blogger is unlikely." In a follow-up post Elliot Black analyzes the comments on Digg and TechCrunch.
PayPerPost.com CEO Ted Murphy has an "Apparently I am the Devil" post on the PayPerPost blog: "There is quite a discussion going on over at Techcrunch.com about this service. People are all over the board making some very broad generalizations. I have been called just about everything under the sun today. We are just going to go ahead and take the site down. LOL. Never!" This post about which blogs sent PayPerPost traffic is an interesting one.
Mark Evans has a good point about there not being a disclosure requirement. Maybe bloggers who use the site will do this on their own. Most complaints about advertising crossing into editorial (whether in print or online) have been when the mention of a product or service is not disclosed as being paid for. See more discussion of PayPerPost.com on TechMeme.com, Technorati, TailRank and IceRocket.com.
Google AdSense has launched a test of a new ad vehicles that pays publishers using Cost-Per-Action (CPA). The move toward CPA puts Google in competition with affiliate networks like Commission Junction and Linkshare. ZDNet's Googling Google asks if this program launch is a sign Google recognizes the click fraud problems advertisers are facing with CPC programs. A recent Mark Cuban post suggested that click fraud is out of control. While some bloggers are optimistic that Google's new CPA ads could add an additional revenue opportunity others say it could doom the good CPC pay rates some bloggers are now getting -- especially if advertisers starting opting for the CPA program instead of the CPC program. Blog Republic writes that the new program could lower revenues for bloggers and ruin the CPC program.
A move towards CPA (Cost Per Action) ads could deliver a hurting to Adsense publishers. CPA ads are very attractive to advertisers because they lower their cost of acquisition for leads or sales. However, there's a big flaw inherent in this type of set up: it's not always the publishers fault that the end user doesn't convert on the advertiser's end.
In fact, a lousy landing page ensures low conversions, which means publishers will be punished for an inept marketer's miscues.
Worse yet, there's a double sting from this. Not only do you reward crappy marketers for bad landing pages by discounting the price they pay, but you also punish excellent publishers by discounting the amount you pay them for traffic on their website. No way is this the direction Google should take the whole program in. In fact, this could be so bad for publishers that it would be the beginning of the end of most webmaster's best performing revenue maker.
Jeremy Schoemaker writes about how the AdSense referral program for Firefox doesn't pay well. MIT's Advertising Lab also has a post about why CPA advertising programs can be bad for publishers.
The problem with CPA is that it shifts the entire burden of responsibility onto publisher, and it shouldn't. Publishers are responsible and should be awarded for impressions their sites generate (the old-fashioned circulation, if you wish). They share responsibility for click-throughs with "ad agencies" that create the ad; publishers' role is to position the ad unit on a page in the most effective manner. Publishers and "ad agencies" get customers in the door, but it's the job of the shopkeeper to close the deal. Publisher should not be punished for transactions that fail because of the problems on the shopkeeper's end, such as low inventory, confusing store layout or unfriendly service. Look, do you think my ad spread in Cosmopolitan should be free if it fails to move my bling even if my bling is worthless and the distribution system sucks? How many ads have you clicked only to be lead to a page that has nothing to do with the original offer?
Greg Yardley also blogs about some disadvantages for publishers using CPA programs. JenSense has more details about Google's invite-only CPA test. More discussion of Google's CPA ads can be found on here on ProBlogger and here on Technorati.
Social Networks, Digital Expression and Similar Business Plans
Robert Young has an interesting post on the GigaOM blog where he explains how social networks enhance self-expression in a brand new way.
It's crucial to understand that social networks are architected to help scale self-expression to new heights, both in terms of the extent of self-expression as well as the reach of distribution (e.g. number of "friends" and the effects of the whole six degrees of separation thing). A simple example... a person on MySpace can have thousands upon thousands of friends. This was not possible before the Internet, and even prior online communications & community innovations like email, chat/forums, and IM didn't truly enable this kind of scale. Moreover, a person can now express him/herself with multidimensional, multimedia depth via text, photos, audio and video... again, to a degree that was not really possible before.
To some extent, self-expression should be viewed as a new industry, one that will co-exist alongside other traditional media industries like movies, TV, radio, newspapers and magazines. But in this new industry, the raw materials for the "products" are the people... or as Marshall McLuhan might say, "the people are the message" when it comes to social networks. So for any player who seeks to enter this industry and become the next social networking phenom, the key is to look at self-expression and social networks as a new medium and to view the audience itself as a new generation of "cultural products".
Robert Young's post discusses people on MySpace having thousands and thousands of friends and being unable to do this in the real world. Companies that can provide something online that does not exist in the real world have been successful online including big companies like Amazon.com, Ebay and AOL, so maybe one or more of the social networks will become a major player? Of course, companies like Amazon, Ebay and AOL actually sell things: products, auction services and subscriptions. Scott Karp says Show me the Business Model and notes that everyone's business model today is "gather audience, sell advertising." So far nearly all the Web 2.0 models focus on bringing in revenues by selling ads. Some of the Web 2.0 start-ups even focus solely on contextual ads. A lot of these companies will fail beause they are going to run out of money before they ever get enough advertising revenues to survive.
Robert Scoble has a post that notes the double-underlined words, a form of web advertising, that are starting to appear on some blogs and websites.
I don't mind this as much as I minded SmartTags when Microsoft was attempting to do them (before I was an employee I argued voiciferously against them, along with many other people in the community because we didn't want anyone to be able to use our own words for doing this style of advertising). Choosing to do it on your own blog only gets rid of most of my objection. I still don't like these kinds of ads, though, cause for someone who doesn't know the Web very well you can't tell these are ads at first.
I don't notice them much. When I do see them though they really annoy me - they look far too much like hyperlinks and distract far too much from the content.
It's odd as well that they never feel relevant. Just because a post mentions the word apple doesn't mean I want to buy one (the fruit or the computer). What tends to disturb me more though is forums that use this kind of advertising that I've been seeing a lot. That's putting ads in the middle of your users words and I'd consider it outright unethical.
These look similar but they are much different than the invasive Smart Tag idea Microsoft came up with. Microsoft was going to force website owners to have to opt-out of the Smart Tags by adding code to their site. Bloggers and other web publishers are choosing to put these "links" on their blogs for money. However, that doesn't mean they are much better. They aren't attractive and as some of the comments on Scoble's post explain they could hurt a blog's or site's usability. Vibrant Media is one company providing this type of advertising through a product called IntelliTXT. There are a couple of big tech publishers using them now, O'Reilly and Tom's Hardware Guide, so maybe they help the publishers make money.
TechCrunch has a post about the slow progress (or lack of progress) being made at Squidoo. Squidoo lets people set up lenses on different topics. Here is how Squidoo defines a lense.
A lens is one person's view on a topic that matters to her. It's an easy-to-build, single web page that can point to blogs, favorite links, RSS feeds, Flickr photos, Google maps, eBay auctions, CafePress designs, Amazon books or music, and thousands of products from hundreds of other trusted merchants. You can pick whatever content you want to put in your lens to bring context to your topic. Then, when someone is looking for recommended information, fast, your lens gets his started and sends him off in the right direction. It's a place to start, not finish.
People can set up as many lenses as they want but each lense is focused on a single topic. Some of the top lensmasters on Squidoo can be found here. One lensmaster even set up a lense for new squidoobees. Newbie lensmasters can also learn lensmaster skills at SquidU. The entry on TechCrunch has an email sent out by the SquidTeam, including founder Seth Godin (the Original Squid), that says the most people have made from Squidoo so far is about $30.
We're just out of beta, and we're betting no one is going to retire on their lens earnings. But already some of you have earned as much as $30 (dinner for two!). Others have earned about $1. And still others have pooled their money to send thousands of dollars to places like Room to Read, which helps build schools for children in developing countries.
A post on the Squidoo blog, which is similar to the email, says some lensmasters have made as much as $40. That still isn't very much money and Michael Arrington says that an expert could easily make more money blogging.
The best lenses are generating $30 or so a month for the lensmaster. A true expert on a topic could generate many, many times that number by creating a blog, along with some static content, and putting up simple Google adsense ads. So top content producers are not going to be heading to Squidoo for the money, ever (Squidoo’s model is set up in such a way that they could never make as much money from a lens as they could on their own). And besides, the blog format just works better for experts - fresh content generates lots of links, which equals traffic and search engine juice.
The only unanswered question is whether or not experts will go to Squidoo even without the financial incentive. Maybe, but Squidoo's tools are not particularly advanced - self publishing is easy these days.
Squidoo may generate some content creation growth, but I don't see it generating serious page view growth under their current model.
One advantage Squidoo may have is that if Squidoo does start building traffic people may start a lense there even if they already have a blog or a website on the same subject or a closely related subject. They won't care that it doesn't make them money directly if it can help them drive traffic to the blog or website that does make them money. In the long term this might help Squidoo continue to build pageviews. Another possible factor in favor of Squidoo is that Squidoo lenses are only a single page. This makes it a great place for extremely specific topics that people might not want to devote an entire individual blog to.
Steve Pavlina blogs that he is now making $200 a day from his blog. In the same post he also provides detailed advice about how to make money from your blog. Steve makes a lot of good points in his article. We have summarized a few of them here.
Depressingly high failure rate: Steve says "99% of people who try to generate serious income from their blogs will fail."
"You don't need to be a programmer, but you need a decent functional understanding of a variety of web technologies." Good advice. It isn't to hard to get caught up if are new. Blogs are free and full of information. Check the blogroll on the left side of BloggersBlog.com for starters. Steve also recommends reading Problogger and we do as well. Problogger, written by Darren Rowse, has a terrific beginnner's section for novice bloggers. Rowse does a does a great job of explaining blogging concepts in a way that beginners will be able to quickly understand them.
Traffic: "Why is traffic so important? Because for most methods of online income generation, your income is a function of traffic. If you double your traffic, you'll probably double your income (assuming your visitor demographics remain fairly consistent). You can screw almost everything else up, but if you can generate serious traffic, it's really hard to fail." Steve has an article on building traffic here.
Multiple revenue streams: Steve says don't just focus on one revenue source. In other words, don't just use Google AdSense or just Amazon.com but use multiple methods including affiliates, contextual ads, donations, etc.
Steve does lots of testing and optimizing to see which ad vehicles work.
Steve says don't focus on too small of a niche or you won't build enough traffic.
Steve Pavlina also explains his views on post length.
Bloggers have different opinions about the right posting length and frequency. Some bloggers say it's best to write short (250-750 word) entries and post 20x per week or more. I've seen that strategy work for some, but I decided to do pretty much the opposite. I usually aim for about 3-5 posts per week, but my posts are much longer (typically 1000-2000 words, sometimes longer than 5000 words, including the monster you're reading right now). That's because rather than throwing out lots of short tips, I prefer to write more exhaustive, in-depth articles. I find that deeper articles are better at generating links and referrals and building traffic. It's true that fewer people will take the time to read them, but those that do will enjoy some serious take-away value.
Pavlina obviously doesn't object to longer articles since this one was over 7,000 words long. Long authoritative articles might have an advantage in that they can generate more inbound links than brief posts if they are well-written.
In other blogging for money news, J Wynia reports that Wynia.org is now a four figure site.
CNNMoney.com includes the position of Blog Editor is an article (thx I Want Media) about seven trendy jobs.
Blog editor: I blog, you blog, we all blog apparently, judging from the proliferation of blogs in the past two years. The success of influential ones like Wonkette.com has companies wanting in on the perceived edginess of the blogosphere.
"Blogging" is not only starting to creep into people's job descriptions, but recruiters are starting to see blog-related job listings.
One on Monster.com seeks a blog editor "to manage and moderate blogs for clients and to write for the company blog on PR and new media topics."
A "blog editor" job search on Monster.com does bring up two results but the positions are not actually called Blog Editor positions. A search for blogging shows 49 results. Indeed and http://www.simplyhired.com/index.php?ds=sr&q=blog+editor&l=&sl=saveSimply Hired also have some results for a "blog editor" search. It is likely that many "blog editor" positions are simply being listed as editor by many employers and many editors working for newspapers are probably being asked to edit blog content in addition to their regular workload. BlogMedia also has a site that posts blog-related job listings.
The Wall Street Journal has posted a conversation between Alan Meckler, the CEO of Jupitermedia Inc., and Jason Calacanis, the CEO and founder of Weblogs, Inc. The conversation will be of interest to professional bloggers. In the discussion Calacanis is more optimistic about how much bloggers will be able to make than Meckler.
Jason Calacanis writes: OK, I think we've reached entrepreneurial stasis on this one: The majority will not make a living off blogging, some will. Time will tell how big the some market is, hundreds or hundreds of thousands. I'm going with the latter.
Alan Meckler writes: Blogs are really diaries or microcosms of what is happening in millions of ways in daily life -- ranging from special interests to business specialties to whatever. Obviously there is money to be made with blogs, but very, very few will bring in more than a few hundred dollars per year.
As to the amount of money bloggers can make Jason said, "Today you can start a blog, build an audience, and give the advertising slots to AdBrite or Google AdSense. With three or four ad slots you're gonna do a $3 to $10 RPM (revenue per 1,000 pages viewed) with these automated tools on average. So, if you can do 500,000 pages a month -- which isn't easy -- you can make $1,500 to $5,000 a month. That's today and without a sales person."
Alan Meckler then gave this very cynical response:
Jason, good stuff as usual for one so sharp and original! But look at the number you have in your reply --- 500,000 per month (page views) is virtually unattainable for 99.999% of all bloggers.
My blog only gets about 300,000 per month -- so with your model I might make enough money per month to buy a candy bar. And I have the advantage of getting promotion through the Internet.com home page as well as many links to other bloggers.
Your concepts are good, but once again only for a selected few.
Blogging should eventually make good money for some bloggers. And some bloggers may be happy to have an extra $1,500+ a month in income from a blog that is primarily just a hobby. However, Meckler is right that 500,000 pageviews is very difficult to achieve and not all blogs are going to be able to hit that $3 to $10 RPM Calacanis was talking about. Some bloggers just aren't going to make much more than the cost of that candy bar Meckler mentioned. This won't bother most bloggers but some of the blogging for money bloggers might eventually cease publication of their blog if it isn't making them enough money. Obviously, this conversation excludes other indirect financial benefits of blogging like promoting a book, getting a job or branding oneself as an expert in a field.
CBS2Chicago reports on some bloggers that are using blogs to record their personal finances and motivate themselves to obtain financial goals.
Do you know your net worth?
Jonathan Ping, 27, does. At $91,820 he's a far stretch from his $1 million retirement goal, but he's keeping track of it.
And you can, too. Log onto his personal finance (PF) blog and see what he spends for the day, what his investments are and what he deems to be money saving tips.
Ping's blog can be found at MyMoneyBlog.com. Other personal financial blogs or PF bloggers mentioned in the article include Dawn's Frugal for Life and Jane Dough's Boston Gal's Open Wallet. Jane also offers some practical advice for staying out of debt.
"Many of my friends have bought luxury cars and are enjoying big vacations and I'm not. They see my small home and think 'Gee, is that all you can afford?' And yes, it is all I can afford. I'm not taking on debt. I'm not rewarding myself now because I know that I will have to pay for it latter."
Another PF blog called Clutter2Cash, which was not mentioned in the article, blogs that she wanted a more public account of her finances.
I started blogging because I wanted a more emotional record of what I was attempting than Quicken could give me. I thought that by making my intentions somewhat public that I'd hold myself more accountable (it works for me). And I also wanted to break the silence that many women seem to have when it comes to talk about money.
Many of the PF blogs include financial graphs or charts showing their progress. Clutter2Cash has some links to other PF blogs on her blogroll if you want to see some more. You can also check the blogrolls of the other pf blogs mentioned above. A few more personal finance blogs can be found here on Technorati's blog finder.
Yahoo has launched a new blog for the Yahoo Publisher Network. In addition to information about Yahoo's contextual ad service the blog also promises "news, trends and topics of conversation in the web publishing field" with guest columns and web publisher spotlights. The blog also includes color photographs (including a great photograph of the YPN team), polls and comments. JenSense has some great things to say about the new YPN blog. YPN's competitor Google also has a blog for their AdSense service.
(via Search Engine Watch)
Fast Company has a brief and lame filler article (hat tip Blog Herald) that lists several jobs the magazine's staff thinks won't exist by 2016. The job of blogger is one of the positions Fast Company thinks will be nonexistent within 10 years.
Bloggers
Pay someone to write snarky comments? Do you think we're getting paid for this?
Are they trying to say that all bloggers do is write snarky comments? Filed in Blog Pessimism.
Stephen Baker at BlogSpotting has asked whether he should be compensated for writing BlogSpotting for BusinessWeek while on unpaid leave.
Bloggers at the Washington Post are wondering if they should be paid extra. (ex BusinessBlogWire) This made me think about... myself. I'm on unpaid leave from BusinessWeek, and I'm continuing to blog on this commercial site. Is there something wrong with that? True, I'm continuing to receive benefits, including health insurance. But other journalists get the same benefits when they're on leave, and they don't have to blog.
Here's the key: I don't want to stop blogging. If BW kicked me off this site during this leave, I'd start another blog where I'd also blog for free--presumably, with less traffic.
Whether Stephen Baker should get paid for continuing to blog while on unpaid leave is a fuzzier matter than whether journalists should get extra pay for writing a blog. Journalists who work hard on a blog can end up creating something of a value for the media company they work for. In addition to the time they have spent writing Blogspotting posts, Stephen Baker and Heather Green have also created something of value for BusinessWeek. For example, Blogspotting now has over 850 inbound links according to Technorati. They have also directed lots of traffic to other other BusinessWeek articles and blogs which has probably led to still more links coming in to the Buinessweek.com website.
Many journalists may end up creating popular blogs on different subjects for the magazines and newspapers they work for. However, it is becoming clear that many journalists are not being compensated for writing blogs even though these blogs are adding value by acquiring links, boosting traffic and increasing brand awareness.
MarketWatch.com has a little snippet about reporters at the Washington Post who want to be paid for the their blogging work but are currently not being compensated.
Editors at the Washington Post are wrestling with discontent from reporters who think they should be paid extra for contributing to a group Web log. The Washington City Paper reported staffers on the Post's metro section asked for extra money after learning some prominent byliners were being paid for Web logs while they would not be.
"What they told us was that a single marquee name like [Marc] Fisher or [Joel] Aschenbach, who has sole responsibility for doing this -- they're the ones who get compensated," said Eric Weiss, a D.C. government and politics reporter.
A metro-section editor, Robert McCartney, told reporters the Post's attorneys had determined it could compel employees to blog, the City Paper added. A representative of the Post's Newspaper Guild unit said the question of whether blogging is mandatory remains "unsettled."
We know Chicago Tribune sports columnist Rick Morrissey has mentioned that he isn't getting paid for the sports blog he also now writes for the Chicago Tribune. These journalists are spending extra time, creating extra content so it is unclear why they are not being compensated -- logically it sounds like they should be rewarded. There are numerous media companies requiring their reporters to start blogs -- how many of these journalists are being asked to write a daily blog in addition to their regular articles and columns for no additional pay?
Blogger Matthew Pullerits has issued a press release about his decision to quit his computer engineering job in Toronto so he can blog full-time.
"A few months ago when I decided to return to school, I realized this meant having no steady income, incurring high tuition fees and purchasing expensive textbooks - something which I did not like the sound of. In order to finance my education, I started to find other ways to make money without working a full-time job. This included investing in the stock market, selling goods and services on eBay, and creating popular websites. I created a journal of all these efforts at www.cwire.org which has become much more popular than ever expected," he said.
eMarketer has an article about podcasting and advertising. In the article eMarketer projects podcasting advertising will reach $80 million this year and climb to $300 million by 2010.
Advertising on podcasts, which are invariably free to the end user, is in its infancy to put it mildly," says Mr. Chapman. "However, the nature of the audience and strong growth in its numbers have already driven major brands to invest in podcast-based promotion. More advertising and sponsorship will inevitably follow, as evidenced by the sprouting up of several companies dedicated to facilitating podcast advertising and measuring its effectiveness."
In their pursuit of venues that deliver a measurable, targeted audience, online advertisers and marketers are paying serious attention to this new "anywhere, anytime" channel.
Heather Green at Blogspotting blogs that some VCs think podcasting ad revenues could reach the $1 or $2 billion mark. It sounds like a lot of this money will go to companies that provide software to run ads on numerous podcasts -- like a Google AdSense for podcasts. If this type of advertising software can generate revenues for podcasters then it might motivate more people to launch podcasts.
Mark Glaser tells us in a post on his Media Shift blog that Daniel Gross, the author of the recent blog bashing article on Slate, actually has a blog of his own called Daniel Gross, a Moneyblog.
While Gross might scoff at Pajamas Media, the conservative blog network is one of many such blog networks that are banding together to find ways to make money. And if the blog business was really over, why would Gross himself have a blog about business, with advertisements prominently placed?
Gross has ads on his blog but if he believes his own advice he probably doesn't expect to make much money from it. In his Slate article he wrote, "a few people are going to make money-journalist money, not Wall Street money-and the hordes of late joiners will make nothing."
Mark Glaser also comments on the link bait idea behind blog bashing articles in newspapers and magazines.
The irony of ironies is that Slate ends up getting more traffic to its story (thanks to blogs linking to it!), thereby making more money for Slate by knocking blogs as a business.
So the next time you see a journalist hyping blogs or knocking them off their pedestal, consider the less glamorous middle-ground take that blogs are doing just fine - not world-beating and not flailing miserably - but just fine. And I won't be hurt if you decide not to link to my not-so-sensational theory.
Slate doesn't deserve the traffic for the article by Gross but Mark Glaser does deserve traffic for his fine article about blogging -- so click here.
Kottke Quits Contributor Sponsored Blogging After One Year
Blogger Jason Kottke is not going to ask for contributions from his readers this year. Last year Kottke raised a total of $39,900 from about 1,450 contributors. Kottke also says his blog will take a "back seat to some other things" at least in the short term.
I'm not going to be asking for contributions again. Part of it has to do with the reasons outlined at the bottom of this post. I haven't grown traffic enough or developed a sufficient cult of personality to make the subscription model a sustainable one for kottke.org...those things just aren't interesting to me.
The other big reason is that my life has changed a lot in the past year. Growing a new business with a novel (or at least challenging) business model requires lots of time and energy to build the necessary momentum...basically approaching it with a startup mentality: long hours, work on the weekends, less time to spend with family and friends, making work the #1 priority, etc. My (unstated) intention from the beginning was to approach the site as a startup, but along the way life intervened (in a good way) and I couldn't focus on it as much as I wanted to. The site became a normal job, a 9-to-5 affair, which meant that I could keep up with it, but growth was hard to come by.
$39,900 is very high revenues for a single blog in a single year. The contributors were probably encouraged by Kottke's bold move. Kottke said 99.9% of the donations came during the initial three week fund drive. Kottke's blog is ranked high in most of the blog a-lists. He is 23rd on the Techorati 100 with inbound links from over 4,600 blogs. News.com also has an article about Kottke's decision and there are already 40 bloggers discussing Kottke's post.
Most bloggers are proud of the effort Kottke made. Fluid Imagination writes, "So, Kottke, despite the way the experiment ended, I want to say, one blogger to another, 'Nice job, sir.' You made us proud." Andy Wibbels says, "I count it as $30 well spent. Thanks, Jason." However, Backwards City says the Metafilter commentors (posting here) are "beside themselves with glee."
Bloggers Concerned About Google AdSense's Rich Media Plans
A post
on JenSense.com that says Google AdSense is testing rich media has concerned some bloggers that carry AdSense ads on their blogs. JenSense says the rich media formats include "interstitials, expanding ads and floating ads."
Floating ads are ads that either stay on top as the page is scrolled,
or ones that "float in" from the side of the page to the center of the
page. Expanding ads are those that require user interaction to expand,
either with a mouseover or a click. Interstitials are perhaps the most
interesting addition to this rich media beta, because they are a format
that people love to hate, and that are often more annoying than pop-ups.
You have likely stumbled across an interstitial ad - they appear when
you click through to read a page, and before they will show you the
page, you are bypassed through to a full page ad that you must view
before seeing the actual content you were wanting, often by having
to click a link on the interstitial ad page.
On the plus side, sometimes advertisers will pay more for rich media and maybe some of that will trickle down to the bloggers. On the negative side, rich media can annoy readers and slow down the load of a webpage. If the rich media becomes too annoying to a blog's readers they might leave and read rich media free blogs instead -- so maybe Adsense using bloggers have reason to
worry. Keep in mind that in addition to being popular for having frequently updated content blogs are also popular for what they don't
contain.
Some bloggers are proud of the lack of ads on their blogs. We have mentioned before that studies have shown many bloggers just blog for fun or as a form of self-therapy and not to make money. Blog posts on adland and Stay Free Daily discuss a website called adfreeblog.com that offers buttons (like the one on the right) that blogs can post to indicate their opposition to ads on blogs and that their blog does not contain advertising. The website says that posting the icon means the following:
1. That I am opposed to the use of corporate advertising on blogs.
2. That I feel the use of corporate advertising on blogs devalues the medium.
3. That I do not accept money in return for advertising space on my blog.
The owl button would probably be more widely used if it just indicated an ad-free blog (like point #3). Points #1 and #2 have a much more significant meaning. There is also a ring for ad-free blogs called No Ads Ring, but so far there only a few blogs on the ring.
Obviously, there are ads on this blog and in the blogs and sites in our network so we won't be adding the cute little owl button except here in this post as an example. We also don't see what is wrong with blogs accepting advertising. But for those of you with personal blogs that want to remain ad free and rant against corporate advertising in weblogs the button might interest you.
EWeek reports that MSN Spaces is about to update with some new features. The article says Microsoft is going to offer bloggers the option to earn revenues with third-party advertising tools from companies like Kanoodle and Amazon.com.
The latest scuttlebutt is that MSN Spaces is partnering with Getzville, N.Y.-based Kanoodle Inc., a provider of Web advertising. This way, MSN Spaces bloggers can choose ads to display, and share in revenues based on the number of clicks generated, according to the sources.
Another feature is called LiveContacts. eWeek says LiveContacts "automatically informs subscribers of any updated blog entries, according to the published accounts." That sounds like an RSS feed but it is different and allows bloggers to publish different information to different groups of people according to an entry on LiveSide, a website which follows Microsoft developments.
Firstly, it allows a user to publish different information to different groups of people. Personal information can be available only to their Messenger contact list, for example, while business related information could be available publicly.
Secondly, it allows people who subscribe to your information to be automatically informed of any updates you make, be it via your Spaces profile or your Messenger and Mail Beta contact list. It is worth noting that users can view who has subscribed to their Live Contacts information.
A blog called Burnham's Beat has provided a detailed report of their fourth quarter earnings as if they were a publicly traded company. It was a strong fourth quarter for the Beat with revenues up 176% and pageviews up 921%.
Burnham's Beat today reported record results for its fourth quarter ended December 31, 2005. Revenues for Q4 2005 were $168.64 up 176% compared to $61.08 in Q4 2004 and up 27.3% sequentially vs. Q3 2005. Earnings before expenses, which management believes are the most cynical results we can think of, were also up 176%.
Commenting on the results, Bill Burnham, Chief Blogger of Burnham’s Beat explains "This quarter's results continue to demonstrate that blogging is a complete waste time. While we did not achieve our previously forecasted results of 100 billion page views and 'Google-style cash, Baby!', we remain hopeful that people forgot about those projections. There are several reasons for missing our projections including an outage of our hosting provider in late Q4 which cost us a least $1.00, the continued poor quality of the writing on the site, high oil prices, several deals that slipped to next quarter, and uncertainty created by the war in Iraq."
The blog is run by VC Bill Burnham. Burnham says these are the actual numbers in his post. Very clever. (Via B2Day)
Jeremy Wright at Ensight.org reports that the Blog Herald, a blog providing blogging news written by Duncan Riley, is being sold for over $60,000 in a private auction.
The current high bids are 60K, 65K and 72K. The private auction will be ending today sometime, after which we'll get down to the business of sorting out the transaction. Once that's all done, we'll be announcing the winner at whatever time works best for the winner.
The current high bidders are all looking at the blog as a brand / profile investment more than a pure cash investment. After all, 36 times monthly revenues is a fairly high multiple for any site, even if it experiences 10% growth every month (as Blog Herald does) and could earn more. At 72K, it would likely take someone about a year to earn it back with a redesign and with the growth it's experiencing.
If a website makes $2,000 per month that's about $24,000 a year so it is selling for three times revenues if it goes for the highest bid of $72,000. Stowe Boyd thought the blog could have sold for higher: "I think highly focused blogs, like TBH, will drive good value, even if the original authors step down. Still, I would have imagined that a blog that is ranked 183 on Technorati would have brought more than $60 or $70K." It's much lower than the price valuation that tnl.net came up with that used inbound Technorati links and was based on the Weblogs, Inc. sale to AOL. This calculation shows a number way over $800,000 -- but everyone knew those numbers were way too high anyway.
Tin Finger writes that Duncan Riley is the first Aussie to cash out on Web 2.0. Other blogs discussing the sale can be found here, here and here. It was also reported in Site Sales Blog, which is a new blog reporting blog and website sales.
Update: Duncan Riley now has a post of his own about selling his blog.
Universities Hiring Student Bloggers to Describe Life on Campus
A Chicago Tribunearticle says some universities have college students blogging about life at the school. The colleges are using the student bloggers as a marketing tool to help bring in new students. Some of the schools using blog posts by college students as a marketing tool include Colgate University (Hamilton, NY), Wofford College (Spartanburg, SC), University of Dayton (Dayton, Ohio) and Ball State University (Muncie, Ind.) At some of the colleges the Tribune article says the college bloggers are being paid.
Some bloggers are paid for posting their observations. At Wofford, for instance, student bloggers receive $25 per week. Allison Kretz, a sophomore at the University of Dayton in Dayton, Ohio, earns $500 per semester for being an online scribe. Colgate's Burnham, on the other hand, received no compensation.
Until the university approached her, Kretz had never considered becoming a blogger. "I had applied for a tour guide position, but I didn't get the job," she said. "But they had my references from professors." The recommendations, and her desire to share her college experiences with family and friends, made her an ideal blogger. "I've really fallen in love with the university, and it's a good way to let people at home know how I'm doing," Kretz said.
Tim O'Keeffe, director of Web content at Colgate, told the Tribune that he has not had to censor any of the blogs -- although he does advise them not to blog about subjects like partying ahead of time.
Bloggers don't rely on a set of rules or a handbook to guide them on the content of their posts. Instead, the universities rely on the students' good judgment. "As for the rules, we don't have formal written guidelines," said Colgate's O'Keeffe. "But I sit down with the students and have a good discussion about the university's expectations and goals. I let the students know we're not interested in posts about parties or trips to the local taverns."
Based on some of the comments elsewhere in the article it sounds like the colleges pre-screen carefully so they already have idea of what to expect from the college bloggers they choose. The end of the article includes links to the student blogs mentioned in the article including Allison Kretz's blog and the Colgate blog mentioned above. All of you college kids hanging on MySpace.com that enjoy blogging may want to take a look at the university job board and see if there are any blogger opportunities.
1000Tags.com is new advertising gimmick based on the MillionDollarHomepage.com idea except it uses a tag cloud format instead of pixels. 1000tags.com is selling the tags in the cloud. Buyers can purchase a entire tag exclusively (most expensive option) or they can share the tag with others. You can also get a free tag. Tech Crunch thinks the idea will generate cash for the 1000tags.com creators.
1000Tags is different enough from MillionDollarHomePage that I think it will have a lot of sucess, too. They call it "the first commercial tag cloud". And that’s exactly what it it. You can purchase a tag, pay by the character and font size, and hope that a lot of traffic to your site is the result.
They are selling up to 1,000 tags. Tags can be exclusive (click the Star Wars tag), but cost significantly more, and they will only sell 50 of them. The remaining tags link to a results page with what appears to be an unlimited number of results
MDH is going to be difficult to duplicate -- they made $1 million and then even more by placing the remaining pixels on eBay. But 1000tags.com will see some ads too -- it should fill up with ad tags for cheap hotels, gambling and sex sites pretty quickly. More on 1000tags.com at Qumana, Make You Go Hmm, Get Real and Ben Barren's blog.
An articleby Steven Warren for IT Management talks about ghost bloggers. Good writers may be able to make money ghost blogging for corporate blogs. Warren says some corporations are having ghost bloggers fill in when the interest in blogging by corporate employees fades but they still need to keep their blog content going.
But just like any new fad, interest wanes and less people blog until the blogging becomes almost nonexistent. Now marketing is left scratching their heads because they have a built an infrastructure and spent a good deal of money and now they are in desperate need of content. This is where I introduce to you the ghost blogger and the ghost blogger service -- passionate writing and informed content for hire.
The ghost blogger headhunter may get involved or a specific ghost blogger will get hired at this point. The writer's job will be to post eight to 12 blogs per week on the company's corporate Web site. These writers can get paid $1,000 to $5,000 a month, depending on the traffic they generate.
For example, if a blogger is paid a base of $2,400 per month, she could receive an additional amount of money based on the amount of traffic she brings to the site. If the average traffic is 100,000 page views, she could get a bonus if it goes up to 110,000, 120,000, 150,000 or 200,000 page views and so on. The more buzz produced, the more money earned.
The money sounds better than what many bloggers make from their own blogs or by blogging for some of the blog networks. It sounds like Steve Warren is already ghost blogging himself: "And remember, the next time you read a blog on a corporate site, you just might just be reading a blog from Steven S. Warren, your friendly ghost blogger."
Colbert Low is now blogging for Know More Media, a business blog network headquartered in Orange County, CA. Colbert Low will be covering technology for Know More Media's ITechTips.com blog -- more details can be found in the press release. Low was already a busy blogger before taking on the iTechTips.com blogger job. He also blogs at The Gadget Blog and Albafan.com (a Jessica Alba blog) for b5media. And he runs blogs at BlogSearchEngine.com,
TheSMSGuide Blog and McLady.net.On top of these blogs the press release says Colbert is also a Linux System Engineer at a global oil and gas company in Cyberjaya, Malaysia. Bloggers looking to increase their income in 2006 may want to take a page from Colbert Low's playbook and try blogging for multiple blog networks. There is some overlap with Colbert's blogging (he has mentioned this
before) but as long as the blog network owners don't mind -- and they aren't paying for exclusivity -- it may be a good way for bloggers to increase their revenues.
There have been many predictions already about the blogosphere and tech industry in 2006. Jason Calacanis, The Blog Herald, Blake Ross, Shel Isreal, Dave Winers, BusinessLogs, John Battelle and The RSS Blog have all posted predictions. Blogebrity has a post that organizes some of the predictions into categories. There are even predictions that focus on specific niches like blogs4God's predictions
for the Christian Blogosphere. Still more predictions can be found with a search. We have added some of our general thoughts about the Blogosphere in 2006 to the growing predictions pile.
The Blogosphere Will Get Bigger
This really doesn't need an explanation. The high growth rate of blogs
will continue in 2006. It will be interesting to see if the rate of
expansion will still be as high by the end of 2006.
More Personal Blogs
Personal blogs will grow significantly in 2006.
Don't be surprised when someone close to you -- mom, dad, uncle,
aunt, cousin, grandmother, sibling, spouse -- starts a blog.
Companies will devise many new tools and blog add-ons for
people with personal blogs.
The Blogosphere Will Be More and Less Interesting
There will be some cool new blogs launched in 2006 that will make the
blogosphere more interesting. And there will be even more
boring blogs launched in 2006 that make the blogosphere less interesting.
That reminds us of this post: Must you read your friend's boring blog?
There Will Be More Top Ten Lists
Even though we are tired of top ten lists and great hack lists there will be many more of them 2006.
Splogsplosion
This is an easy prediction. Splogs will continue to rise and clog
blog search engines and make the blogosphere less useful over time.
Blog search engines will add more and more search options to try and filter out splogs like "search only blogs with 100 or more inbound links" or "search only blogs that are at least one year old." The downside is that blog filters
will also remove non splogs. A search option that only searched blogs
one year or older would eliminate this blog, which debuted last February,
from the search results.
Don't Quit Your Day Job
The blogosphere is unlikely to earn many bloggers a salary worthy of a
full-time job. Paid blogging staff positions will be the exception. Blogging
for money bloggers trying to build revenues with programs like AdSense
and Chitika may even see revenues fall below 2005 because of increased
competition from other blogs -- the blogosphere is no secret starting
out in 2006.
Click fraud fears are rising and this could also work
against bloggers that focus solely on revenues from pay-per-click advertising
especially if there is a switch back to CPM. By all means start a blog and
go for it but don't expect to be telling your boss "I quit" anytime soon.
Blog Search Battleground
A battle is already underway to determine which blog search engine will be
the dominate blog search tool. Technorati
clearly has the lead but others like BlogPulse, IceRocket, Google
BlogSearch, Yahoo News, Feedster
and Topix remain in play.
Bloglines still has not launched
the blog search engine that was promised last summer.
More Blog Networks
There will be more organized blog networks in the
blogosphere -- so many that keeping up with them will be difficult.
There might even be software created to help bloggers network.
Bloggers will also network together in different niches like food,
sports, crafts, etc. to build and share traffic.
MSM Takes Back Some Blogosphere Marketshare
The mainstream media -- newspapers, magazines
and news networks -- will make great strides to launch blogs and
develop a significant space in the blogosphere. You can see our
list of blog networks to find some of the media companies that are already building networks of blogs. MSM blogs will put pressure on existing independent blogs and independent blog networks that are trying to maintain high traffic levels. Blogging for money bloggers are going to have to work even harder than in 2005 to stay ahead.
Celebrity Bloggers and Character Blogs Used For PR
We saw the beginngings of this in 2005 with blogs by Flea to promote the
NBA's Blog Squad; Elisha Cuthbert to promote the NHL's blogs and
Hilary Duff's blog to promote AOL's Red service
(see this post for details). The Philadelphia Eagles used a
playmate to promote their blogs. Expect hordes of celebrity bloggers and guest celebrity bloggers used to draw traffic in 2006. And expect television and movie blog tie-ins to become a standard in 2006. The The
Carver's blog on MySpace.com used to promote the Nip/Tuck TV show is just one example of the kind of promotional character blogs that will
be more common in 2006.
Bloggers Cover the __ Disaster
Whatever bad news occurs in 2006 bloggers will be there to cover it.
Ads Increase on Free Blogging Tools
AOL held firm in 2005 about running ads on AOL Journals blogs in 2005 -- despite complaints. Other free blog services will likely increase the amount of ads by the end of 2006. Free blog hosts may also start offering fee-based ad-free options. At some point these free hosting providers will want a return on their investment.
Overall Blog Advertising Increase
Advertising on blogs and on the Internet will continue to increase like in 2005. Even if the economy slows in 2006, which is likely, blogs and websites will continue to see rising ad revenues as advertisers continue to move ads from print, radio and tv to the Internet.
The J-Walk Blog, a popular and funny blog that is listed on the IWJ's list of Best Author Blogs, has an interesting post about blogging income in which J-Walk reveals his own revenues from his blog in November.
November income for J-Walk Blog was $52.35 from Google AdSense, and $82.54 from eMusic. Total = $134.89. In November, I made 428 posts, which works out to $0.31 per post. If we deduct my $75 monthly hosting expense, my per-post income is reduced to $0.14.
J-Walk posted his November blog revenues after finding the revenues of Oh Gizmo, a popular gadget blog, discussed in the comments of this post.
So. How much does this site bring in? Last month, November, Google Adsense revenue was close to $700 (not allowed to give you actual figure), Blogads revenue was around $121, DU Network stipend was $150, Chitika was around $212, direct ads were $410 and Vibrantmedia was $140. That makes for a total of $1733.
It looks like Oh Gizmo is also trying an idea of their own called the $100,000 banner which is located on the top of the blog's webpages. The $100,000 banner was inspired by Alex Tew's Million Dollar Homepage idea that we blogged about a couple months ago. More and more bloggers seem to be trying new ways to make money from blogs -- instead of using AdSense or relying solely on AdSense. Trying different methods is probably a good idea especially if AdSense can "lower site-self-esteem" like this article on WebProNews suggests.
Votemerich.com is billed as an Internet game show where bloggers chase a potential $1,000 prize. So far there is $494 in the jackpot according to the website. An article in the Brandenton Herald about votemerich.com says 36 bloggers have registered since the website debuted in October.
To date, votemerich.com has relied on word-of-mouth advertising to attract attention. Thirty-six bloggers have registered, all vying for a shot at the prize.
The site works like this: contestants tell tales of woe, spin laughable yarns, poke fun at other contestants and even resort to begging to convince others of their dire need for the cash. Adbright.com, an online advertising agency, tracks the number of bloggers who link to advertisers on the site. Every link means a few pennies added to the jackpot. Once the kitty reaches $1,000, contestants will be asked to vote for the top bloggers. After a round or two of voting to narrow down the best of the best, a winner will be chosen.
Website founder Will Gorman offered some tips to would-be blogger contestants in a recent post on the Votemerich blog.
Here are a couple of small pointers to existing candidates and future candidates. Just like launching a website, launching a candidacy will require some work, in addition to blogging. You'll probably need to get your friends to sign up so you can get an initial core set of constituents. They will be your primary advocates, helping get out the word about your candidacy and giving you feedback on your Vote Me Rich approach. Also, you need to actively seek new advocates, either through registered users of VoteMeRich.com or through other sites that encourage community. I believe it will take someone active in the online community to win this competition.
It sounds like the strategy at the end of the game will be crucial. If a blogger survives the Survivor-like voting at the end they get voted rich -- if you consider $1,000 rich that is.
The New York Times has an article (also here on CNET) about whether the growing influx of ad dollars into blogs will threaten bloggers' "rebel reputations."
After beginning as a vehicle for anti-establishment, noncommercial writers, many Web logs have laid out welcome mats for corporate America in the last couple of years. No one tracks how much advertising money is flowing to Web logs. Nor is it clear how many bloggers, like Campbell, disclose their sponsors. But when writers have not been completely open, their fellow bloggers have been quick to criticize.
Businesses have noticed the growing readership and influence of these Internet postings and are spending $50 million to $100 million this year on blog advertising and marketing, said Charlene Li, an analyst at Forrester Research, a company that looks at the impact of technology on business and consumers. Recognizing that blogs have become more mainstream, companies are paying for advertisements or mentions on blogs, courting blog writers with public relations efforts and inviting writers to come blog on one of their corporate sites.
The assumption in the headline that blogs and bloggers are outrageous rebels is misleading. Blogs do many different things -- update family members, provide news on a specific topic, share personal stories, etc. As studies have shown most bloggers don't blog for money. We've seen in past surveys, like these twosurveys, that the majority of bloggers are not concerned about money. The blogging for money bloggers represent a small minority of the blogosphere. That's good since there isn't much money to go around according to the New York Times article.
But the Times article raises some interesting questions. Many blogs have ads all over them and it is pretty obvious where there are ads. However, there is some debate as to how many people actually realize the contextual ads, like the ones from Google, are really ads -- posts here and here address this issue and raise the question will people stop clicking once they know these are ads? Many political blogs have ads on the right-hand side of the page and people aren't suggesting these bloggers are no longer independent because of them. However, there are some blogs that draw a fine line between being a splog and an actual blog. These being the blogs that do nothing more than regurgitate a couple paragraphs from a news article as a post and typically cover topics like mortgage loans and insurance so they can make money from Google AdSense clicks. But these kinds of blogs don't have a good reputation to begin with.
What would be the most likely to ruin a blogger's reputation is if they turned out to be writing editorial that was secretly paid for. The Times article does use an example of US Web, which it says pays $5 to bloggers for mentioning a company or linking to a specific company website.
USWeb, an online marketing firm, has run campaigns this year that pay people $5 to mention a company or link to its site. Most of the companies USWeb works with do not allow the company to identify them, said Ed Shull, the chief executive of USWeb, but some that he can mention include Lussori.com, a watch and jewelry company; Dot Flowers; and Terra Entertainment.
There could be some risk to bloggers running a campaign like that and not mentioning it. But most of the bloggers that have something to lose would not run a campaign for $5 anyway. The other thing that could damage a bloggers rep would be to start having intrusive ads like pop-up ads or pop unders -- remember blogs are also popular for what they don't have.
Blogads Wants an Advertising Network of 10,000 Blogs
ClickZ reports that Blogads' Henry Copeland said he wants to expand the blogs in his advertising blog network from 900 blogs to 10,000 blogs by this time next year.
Copeland does have some basis for that claim. "There are about 18 million people [currently] blogging," he said. Let's say that's the number of people who have set up blogs. The number of people actively blogging is, say, half of that. Of that number, how many regularly update content? How many update their blogs weekly, or even daily? The reality is there are maybe 10,000 to 100,000 really active (hourly or daily) bloggers who get significant traffic numbers.
Maybe 10,000 to 100,000 doesn't sound like very many active blogs. But consider this: There are 49,000 daily journalists in the U.S. Conceivably, there are more well-informed, active bloggers out there than active journalists. That's potentially tens of thousands of really influential people. People with an audience. An audience you can reach through their blogs.
Only focusing on very active bloggers doesn't jibe too well with the long-tail theory but we have seen similar comments from Bloglines about the "feeds that matter." In October, Bloglines reported that they only had 437 feeds with over 1,000 subscribers. The bottom line is that a blog, feed, magazine or newspaper needs readers to attract advertisers.
Eric Reynolds, who blogs at subnixus.com, is pleased with the results of a press release he distributed telling the world that he is considering blogging full-time and quitting his job with Expedia Inc. Hopefully, Expedia is reading his press release.
The power of the press... press release that is. So last night at 2am central time my press release finally went out. Yesterday I wasn't really sure what would happen. It could have brought me 2 visitors, or it could have brought me a little more. Well, I would say it was $30 well spent.
Within 12 hours of the release going out, I have already been contacted by 3 local news stations. In fact, in just over an hour the first one will be showing up at my house for an interview. Later tonight the other two stations will be doing the same. Let me also share the release stats with you:
The release stats show his press release has been read over 8,000 times. He was probably smart to put both bloggers and blogging in his headline. Eric says it was "probably the best $30 I have spent in a while." From a marketing perspective it is interesting to read when someone provides the results about their press release.
Google launches a referral program for AdSense and Firefox. Lots of bloggers are
covering this news here, here, here, here, here and here.
MySpace and Facebook appear to have spread to blogspot.com with sites like
Bloggin Hotties.
Hottie winner acknowledgments and woots can be found here,
here, here and
here.
Yes. Of course Jack from Jack in the Box should blog.
But a Wal-mart blog?
Dooce redesigns for ads and receives some criticism for it.
Dave Taylor teaches bloggers how to host images from Flickr.
The Blog Herald and
Ensight.org officially join
B5Media but ProBlogger does not -- at least not yet. Also, B5 Media's "super secret" news has been
postponed until Monday. Meanwhile, the Blue Fish Network promises not string you along with pre-announcement hype.
Media Ethics points out that "relevance" and "credibility" are not the same thing.
Hello Jennifer Creer. Jennifer announces that she has started blogging on WIN's Life Science blogs, like the Cancer Blog,
which is why the posting frequency has increased on the life science blogs.
Scribbling Woman wrote an article about blogging for her university's online newsletter. Here is why she blogs: "So in a nutshell: I blog because it is a valuable teaching tool. I blog because I enjoy it, and find it a useful way to organize a little corner against the deluge of information online. I blog to stay in touch, professionally. I blog to be part of a large, global community of endlessly fascinating voices."
The Marketing Maven blogs about Frank Warrens' clever Post Secret idea.
Brad Hill at the Unofficial Yahoo Weblog makes his 3,000th post.
Fee-based blog directory: Jason Calacanis blogs that he wants to charge publishers money to list their blogs in a new directory for advertisers.
Jason Calacanis, CEO of Weblogs, Inc., accuses Creative Weblogging of copying the look of Weblogs, Inc's homepage. He calls them "a bunch of thieves." Creative Weblogging just completed a first round of financing from angel investors.
Creative Weblogging CEO Torsten Jacobi
disagrees with the accusations from Jason Calacanis. (Via Blogebrity).
The same OJR article we cited for a Nick Denton quote also speculates about a possible second bubble in online media properties.
The past 12 months have been smoking hot for online media mergersand acquisitions (M&A). Why the sudden interest in online properties that largely have the smell of Web 1.0? Perhaps it's the belated ascendancy of online advertising, with study after studyshowing that ad money is now chasing consumers who are turning to the Net over traditional media.
Add to that the desperation of old-line media companies worried that theirold-line businesses are getting stagnant, and the situation equals anincreased interest in highly trafficked content sites, whether they'reblogs, social networks, wireless content or niche journalism. This isn't a full-blown flashback to the late '90s when any e-commerce site could command millions in venture money; it's more of a mini-bubble focused squarely on online media.
About a possible bubble in blogs and social networks investment banker Tolman Geffs was not sure.
Geffs: I can't speculate on that. There's certainly a lot of activity around it, but as always, I don't know if the owners of social networks will make any money, but the guys selling them picks and shovels will. That's what VeriSign did with Moreover. I think another interesting area that will make money is ad networks that are tapping into the blog world because as a large number of viewing minutes move into blogs, advertising would like to follow. There's money to made in providing an efficient and reliable way of doing it. Ad networks will be profitable, both from a business standpoint and from my world, from an M&A perspective.
So companies like Blogads, Google and Chitika will make all the loot? Most blogs are run by individuals who blog for their own personal enjoyment so that makes a blog bubble unlikely. However, there will be a point in time when the interest in blogging and the number of blogs peaks. But as long as people enjoy blogging it won't crash down to near zero after that peak. If lots of people are blogging in the pursuit of money that turns out not to be there then you could see a bubble burst -- but just in these particular blogs. In this way there could be a bubble in the "blogging for money" types of blogs that could peak and then burst when these bloggers' unreasonable expectations are not met. But a total blog bubble is unlikely because blogging is primarily driven by interest and not by money. As we said before blogs don't bubble like stocks and housing.
Many bloggers run Google AdSense ads but earn miniscule amounts of $20 or less per month. In the meantime Google's bringing in massive revenues --
$675 million in the 3rd quarter just from AdSense. The Red Herring says most of the blog ad money made so far is going to Google.
Blogs will play an important role in the future of advertising, entrepreneurs
said Tuesday, but for now the bulk of ad dollars from these web journals
still appears to be flowing to search engine Google.
Venture capitalists and Internet executives gathered at the ThinkEquity
technology and investor conference in Half Moon Bay, California, are looking
for ways to make money on the trend of consumer-created content such as blogs.
Blog web traffic was up 31 percent through the first seven months of 2005,
according to Nielsen/NetRatings, and hasn't shown any signs of slowing.
Much of the money to be made now seems to be flowing into the coffers of
Google. The company's context-based advertising scheme makes it easy for
bloggers to quickly record advertising revenue.
However, Google's blog advertising reign is not guaranteed. Bloggers also use other advertising vehicles like BlogAds and Adbrite.com. And contextual advertising programs similar to Google's are being tested by both Yahoo and Microsoft. Yahoo's is called the
Yahoo Publisher Network. Jensense has the scoop
on Microsoft's MSN AdCenter. A recent blog advertising program called
Chitika has been promoted by
bloggers but many of the bloggers doing the promoting are using referral
links so they can earn referral commissions. Some bloggers disclose this but others do not.
How does Chitika's Publisher Referral Program work?
When the publisher you refer applies for eMiniMalls through your referral
link, is approved, and then displays Chitika's eMiniMalls on their
website, you are eligible to receive Publisher referral commissions.
You will earn 10% of the CPC revenue that your referrals earns for up
to 12 months from their approval date.
AdsonBlogs has a list of some other third-party blog advertising programs.
Several bloggers are looking back on the week's big blog-related acquisition news which includes the sale of Weblogs, Inc., Weblogs.com and Moreover to corporate giants.
AOL followed up on its purchase of Weblogs, Inc by cutting a content deal with BlogPulse.com, a blog search engine and blog data provider. The news about AOL buying Weblogs, Inc. started a blog network craze. Other bloggers here, here, here, here, here, here, here, here and here announced how much their individual blog is now worth. The Business Opportunities weblog created a script based on tnl.net's calculations that generates a button like the one below that bloggers can put on their site to state the enormous amount of money their blog is worth.
Tom Foremski at SiliconValleyWatcher wonders if executives at Verisign and AOL got a copy of Cluetrain Manifesto for their birthday. Foremski also debated amongst himself whether or not the owners of these blog services
sold products with little upside value.
Did these prominent leaders of the blogosphere take the money and run?
The valuations on those deals seem weak which suggests the owners couldn't see much upside ahead. Put some lipstick on the pig, I think was the expression sometimes used in investment banking circles. Well, if they were pigs, congratulations gentlemen, you got one over the suits.
And of course, the new owners might be more able to scale those assets across their broad infrastructure and customer base. Or they will have no idea what to do and will keep buying dated books on internet marketing :-)
SearchEngineWatch has a good recap of some of the Verisign-Moreover coverage.
The New Communications Blogzine also has a wrap-up of the past week's blog deals including a Gawker Media deal with VNU Media to publish the Gizmodo gadget blog in multiple languages. And AboutNetwork.com blogs a new RSS based metasearch engine called Gada.be
Liza Sabater at Culture Kitchen blogs about how she was approached by a group trying to promote a project through a viral marketing blog campaign. Later she saw ads for the same project appear on the BlogAds Liberal Blogs Network, which her blog is also a part of.
Well, here's the deal people : You have crossed the line. It is not viral marketing on my blog when you pay for advertisment to other bloggers. When you do that, you have an ad campaign in place. Asking me to do it for free is in labor-talk, "explotation".
I am going to go one step further. To expect me give my labor for free when you have deliberately passed on paying for advertisement on my site is tacky, rude and, quite frankly, insulting.
And what is most upsetting about all of this? These people are supposed to be the champions of the new labor movement.
Sorry honey, but I am not your blogmonkey.
This is a good lesson here for marketers approaching the blogosphere. If you are going to pitch blogs about your product you should disclose that there is also a blog advertising campaign going on -- especially if the campaign is running on blogs similar to blogs you are pitching. And being dishonest about an ad campaign is a big no-no. Unfortunately for bloggers companies aren't always as organized as they appear and they sometimes hire one company for advertising and hire another company for PR without any coordination between the advertising and PR companies. (Via Daily Kos)
A survey by Qumana (thx Blog Herald) on blog advertiser earnings has found that 69% of bloggers surveyed earn less than $20 per month.
On a per month basis, 69% of our bloggers (those who previously indicated they participate in advertising programs) earn less than $20 per month from all income sources: advertising & sponsorship. It's rather a pity that so many bloggers, of whom we have identified as being experienced, are not seeing any return for their efforts.
You can see from the graph that there is a real hurdle between $50 a month and anything above. From general experience, I know that blogs tend to go through several earnings ranges. You can be stuck on one range for a long time then jump up to the next without really experiencing a gradual incline in that direction.
A link to the graph mentioned can be found here. Not surprisingly, most of the bloggers surveyed said they would like to be making more money than they are. Probably because $20 or less per month is not much. 22% said they want to make more than $1000+ a month.
So what types of advertising vehicles are bloggers using? A recent Ads on Blogs study of 500 A-list blogs helps answer this question. Ads on Blogs found that 30% of the blogs they analyzed are using Google's AdSense program. BlogAds was the second most frequently used ad vehicle and was found on over 18% of the blogs. Then came donations (over 17%), Amazon.com (12%) and merchandise (over 7%). Other types of advertising used included affiliates, Chitika, AdBrite, Yahoo and site sponsorships. Ads on Blogs also found that over 36% of the A-list blogs they analyzed had no advertising at all.
Blog Networks, Web Rings and Weblogs Inc.'s Blog Count
Some bloggers are trying to do a price per blog analysis based on
the Weblogs, Inc. sale to AOL. But that doesn't really work too well
because several Weblogs, Inc. blogs, like Engadget, have very high
traffic. Kedrosky.com also
points out
that one "anomalous purchase does not make a market."
Another blog
measures the dollar amount per inbound link but inbound links from
other blogs are not necessarily an accurate measure of web traffic.
One blog has
downsized the number of blogs at Weblogs, Inc.
Several bloggers here, here and
here are discussing this blog post
that downsized the number of actual Weblogs, Inc. blogs from 85
to 31. The Weblogs, Inc.
Xbox 2 blog is used as an example of a
Weblogs, Inc. blog that is no longer updated. Despite some
inactive blogs most of the Weblogs, Inc. blogs that are active have
very heavy traffic -- such as
Engadget, Blogging Baby
and Joystiq.
Blog networks
remind Lisa at Sharp Corners of web rings.
Well, to me, niche blog networks are just a variation on the old "web-rings" many of us used to join as personal bloggers. Remember
those? You found a web-ring filled with like minded people, dropped
a little code into your site and, with any luck, readers of other
blogs would come find you that way. The web-ring soon became the
ubiquitous "blogroll."
That's an interesting comparison. The company known for webrings,
called Starseed, Inc., was acquired by GeoCities in 1998 and GeoCities was
later acquired by Yahoo. Now it appears that WebRing is
no longer part of Yahoo. It
can now be found at
webrings.com, which looks very active.
Marco, who was
underwhelmed by the Weblogs, Inc. sale, isn't very enthused
by blog networks either -- except for the network at 9rules.com.
There's more pretentious networks that can't seem to impress me at all.
In fact I don't even understand why someone would want to write for
certain types of blog networks, especially the ones that want to 'own'
your content and / or want part of the cash your stories generate.
What's the point? Why not start your own blog?
I guess the only network I like is 9rules, largely because they don't
limit bloggers that are in the network in any way, don't try to 'own'
their content and don't try to snatch a share of their AdSense revenues.
Well, the name of Marco's blog is The Net is Dead so one should expect
some negativity. Broken Kode
isn't very excited about the new blog networks either.
If you can't get enough blog network coverage there are
some new blogs covering blog networks daily:
It looks like Blog Network News' list of blog networks was
truncated at the letter D. And the Blog Network Blog could use an update.
And don't forget Blogebrity
which was covering blog networks before these new sites existed.
List of Blog Network Links:
We have compiled a list of
blog network links that includes both independent and
mainstream media blog networks. This list shows that newspapers and
news outlets are quickly launching blogs so their content will appear in
blog search engines along with the rest of the blogosphere.
The new Chitika MiniMall ads, like Google text ads, can sometimes have unexpected results. One example is on this post at Ensight.org. The post about the Weblogs, Inc. sales shows an ad for a Jason costume based on the Jason villian from the Friday the 13th series of horror films.
The Jason character was probably picked up by Chitika from reading the word "Jason" on the page from where Ensight.org wrote, "This isn't surprising. What is surprising is that WIN took this deal. I was under the distinct impression Jason was holding out for significantly more than this."
Chitika says it targets ads based on a website's content.
How does Chitika determine what product to show in the eMiniMall?
At first, eMiniMalls will display products that are extremely targeted to your website's content. Then, over time, the content and behavior-based Feedback Loop intelligently learns what products are working best for a particular website and will prioritize those products for display.
Google ran through early complaints for inappropriate ads during the early days of their text ad program. An old IA Think explains one of the infamous inappropriate ads that displayed suitcase ads next to an article about a murder where body parts were placed inside a suitcase.
The potential pitfall of this approach, of course, is how well context can be inferred by examining keywords. This was gruesomely demonstrated in the early phases of an implementation with the New York Post when an advertisement for luggage appear in next to a story about a murder where body parts were stashed in a suitcase. Google states that it has since made improvements to AdSense designed to prevent such inappropriate placements.
The new blog network from WebbyMedia has closed without launching a single blog. WebbyMedia had been promising to launch a network offering a 100% revenue share to bloggers. Here's why WebbyMedia founder Omar Al-Hajjar says it isn't going to work.
1. No barriers to entry. The publishing platform is free and
easily hackable (Wordpress). Google Adsense is available to anyone
with an email account. Topics are a dime a dozen. And design can
be outsourced. What’s left?
2. Brand is the only competitive advantage. So if you can't compete
on technology or advertising, what can you compete on? The publisher’s
brand. Even though I've been publishing online for several years
now, I really haven't spent time building credibility. This point
is unbelievably crucial. It’s just critical.
If you like blog networks don't worry there will be oodles more launching. However, grim Medsim.net says this is what will happen to many blog networks. Medsim.net compares blog networks to the
ill-fated game networks of the 90s.
It wasn't long before the gaming webmasters, who originally started
their gaming news sites as a hobby, started demanding pay raises for
their work and no longer saw managing their website as a favored
pastime. Once a price tag is attached to a hobby, it no longer becomes
a hobby. Webmasters defected from one gaming network to higher paying
ones. Networks poached webmasters from rivals by offering higher
incomes. It was a cut throat environment. This hasn't happened in
the blogosphere yet, but I can already see the writing on the wall
as weblog network owners are being labeled "slave drivers".
It was the low barrier of entry that created the gaming network
popularity and it was the same low barrier of entry that destroyed
it. Because the barrier of entry was so low everyone was entering
the market. Just like in the blogosphere there were dozens of websites
about each niche interest. Advertisers caught wind of this and the
advertising money was quickly pulled. The largest online demographic
with significant buying power (ages 14-25) was no longer able to
keep the attention of the advertisers. Advertising contracts were
drying up and websites were shutting down.
Meanwhile, Heather Burns a staff writer for the Pine Log Online,
says blogging is a waste of time and that most bloggers are losers.
To lay it all on the line, blogging is a waste of time. Why spend
time telling strangers your innermost thoughts when you could be
out making memories with those you care about most? I'm not saying
all blogers are losers, I'm just saying that most of them are.
A recent Wired article looks that possibility of earning money through podcasting. Wired says a few podcasters like Grape Radio, The Radio Adventures of Dr. Floyd, Josh in Japan and Endurance Radio are already seeing some revenues. Podcasting exploded after Apple made podcasting part of the latest iTunes upgrade but so far there has been much money made. Of course, that doesn't meant that there won't be in the future. The Wired story says some independent podcasters like Cinecast are grateful to be listed in iTunes, but long for information from iTunes about how often their podcasts are being downloaded.
Independent podcasters don't have the assurance of a built-in audience whose demographics they can rely upon. In fact, they struggle to even accurately count the size or makeup of their audiences -- information that advertisers covet. Some have rough ideas based on e-mail responses, site hits and, if they're lucky, download figures, but they say they can't tell how many people are listening through Apple's iTunes service, which doesn't share its statistics.
That's frustrating for folks like Cinecast's Hallgren and Kempenaar, whose show has been featured a couple of times on iTunes' homepage. The duo believe that iTunes is caching Cinecast on Apple's servers, and while they're grateful for the attention, they say that as a result users who subscribe to the podcast aren't downloading the program from the Cinecast server, making it impossible to accurately count the audience.
Accurate measurement about how many users are tuning into podcasts will obviously be crucial for obtaining advertisers so podcasters will need this data. The Wired article says most podcasters believe money will be made from podcasting but not in the near future.
Many early podcasters say they're in it for the long haul and expect profits to come later.
"I think there is a lot of money to be made out of this, but it's in its infancy," said Mark Vavrick of Renegades of Comedy. "There's a lot of people with computers, but not everybody knows these shows are out there yet."
Adam Curry, who started PodShow with Ron Bloom, said in a BBC interview back in March, 2005 that there will be money made from podcasting.
"I have 50, 60, 70,000 listeners. I could make a couple of bucks off that, but not much. If you are talking a million podcasters, and then you can kind of divide that amongst ourselves, then that is kind of interesting."
Essentially, he says, if you are doing a bass fishing podcast, someone who is selling bait and tackle will probably want to advertise on your show.
He is clear the ads will not be the traditional "in-your-face" type familiar to commercial radio now.
"We are really going to see these microcosms and commerce will be all over the place."
Other articles about making money from podcasting can be found here and here. And a Forbes.com article list four ways money can be made for podcasting. So, the answer to the question "Is there money in podcasting?" appears to be yes. The question that remains is how long will it take before major profits are realized.
Several blog networks have launched over the past few weeks and there
are many others, like Federated Media Publishing, in planning stages. Some of the recent blog network announcements or launches include
B5 Media, Fine Fools,
Instablogs and Webby Media. The term blog network is being used to define many different type of networks including loose affiliations of bloggers connected by links; collaborative or group blogs like the Huffington Post; individuals that own multiple blogs; blog channels like Duct Tape Marketing and blog networks that are being organized by independent publishers hoping to make a profit. There are also the countless mainstream media blog networks launching on nearly every newspaper and television news website.
The new blog networks will probably attract lots of bloggers
initially that want to join. Some of the potential problems facing
the profit-focused blog networks down the road will be issues like blogger
burnout, blogger turnover and generating enough revenues to keep bloggers
happy. It will be interesting to see -- with so many blog networks
launching -- if some bloggers will blog for more than one network as a
way to drive traffic back to their own personal blog.
Blogebrity has coverage of some of these blog network launches here, here, here and here. HomeOfficeVoice has a post about whether blog networks are right for you that has lots of comments. And Mike Rundle at
9rules offers an explanation of blog networks. More discussion of blog networks can be found on the blog search engines here, here,
here and here.
Wired has an article about blogging for money that focuses on the blog networks like Gawker Media and Weblogs, Inc. Wired says that Weblogs, Inc., which runs over 90 weblogs, pays bloggers $200 to $3,000. Weblogs, Inc. co-founder Jason Calacanis said a bonus is that bloggers get to write about a subject that interests them.
Calacanis employs 120 bloggers and publishes 90 blogs -- including Engadget (which covers consumer electronics) and Blog Maverick, typed by billionaire entrepreneur and Dallas Mavericks' owner Mark Cuban -- with his writers making anywhere from $200 to $3,000 a month. (One presumes Cuban doesn't do it for the money.) On average, Weblog salaries are about a quarter to half what a mid-level editorial job would pay, without the daily office commute.
"Not to mention (bloggers) get to write about the topic they are most passionate about," said Calacanis, who claims to be on track to collect more than $1 million in Google AdSense payments over the next year. "So, for our folks, it is like they are making money off their hobby. Think a scuba diver or video-game player making $500 to $1,500 a month writing about scuba diving or video games."
Gawker's CEO Nick Denton won't say how much he is paying his bloggers. There have been reports that Gawker pays $2,500 a month plus bonuses for traffic jumps based on an IWantMedia.com interview. Nick Denton says this figure is wrong. Adam L. Penenberg, the author of the Wired article, guessed pay ranges of $5,000 to $10,000 per month for some of Gawker Media's top blogs like Gizmodo and Defamer but Denton says these numbers are wrong as well.
The article left out discussion of what an individual blogger could make. Darren Rowse at ProBlogger recently said he is a six figure blogger. Rowse has a good post here that explains several of the third-party advertising services bloggers can try. Syndicated columnist Kim Komando also recently discussed some of these services in a recent USA Today article.
Keep in mind that it will take lots of traffic to increase blog revenues. Jossip and Queerty founder David Hauslaib told Wired that traffic is the key:
Whether you are Calacanis, Denton or Hauslaib, to create a profitable blog requires much more than a keyboard, an internet connection and too much caffeine. You need a talented writer entertaining enough to hold an audience, a consistent publishing schedule, content worth linking to by other bloggers and worthy of press coverage, marketing savvy to sell advertising or enlist third-party networks and, as a culmination of all of this, plenty of traffic.
Says Hauslaib: "If a blog debuted with virtually zero startup costs, then it takes little to earn a profit. One ad will do it. But at the bare minimum, a lone blogger will likely need to attract high four- to five-figure daily visitor figures to even attempt a blog-based livable wage."
A very tiny bit of information about blogger salaries was revealed in a recent New York Magazinesalary guide. The article listed the salary for two bloggers: Jim Romenesko at $169,187 and Jessica Coen (Gawker.com) at $30,000. A Page Six article from earlier this year said that Matt Drudge makes close to seven figures.
Past coverage of the subject of blogging for money can be found here.
ClickZ reports on a new study called the The Blog Trends Survey conducted by Digital Marketing Services, Inc. for AOL. The survey found that most people do not blog for fame or money. Over half of those surveyed agreed that blogging serves as a "form of self-therapy."
As many as half of respondents say they write a blog because it serves as a form of self-therapy. Further, one third of bloggers write about self-help and self-esteem topics. Thirty-one percent either blog or read blogs in times of need or high anxiety, while only five percent prefer to seek help from a counselor or mental health professional. The only thing more popular than blogs in times of need is seeking advice from family and friends.
The blogging population who do so for personal journaling is no surprise to AOL Community senor programming manager Joe Loong. "Knowing how I blog personally when I'm not on the clock, and how my friends blog," Loong told ClickZ Stats. "The vast majority of us are blogging about what's going on in our lives."
The results were similar to a study conducted by Blog Kits that found 36% of people blog because they love to write. The Blog Kits study found that most people do not blog for money -- although some blogs rewrote the headlines to make it sound like many people blog just to make money. Only 18% of those in the Blog Kits survey said the only reason they blog is to make money and this was on a survey conducted by a blog advertising company. The Blog Trends Survey also found that most people don't feel under pressure to update their blog and only a small percentage are concerned that others people's blogs get more visitors than their blog.
While there are numerous high-profile blogs that report on news and current events, only 16 percent of bloggers do so to pursue journalistic aims, 12 percent blog to break news or advance news and gossip, and eight percent blog to "expose political information".
A majority, 66 percent, don't feel pressure to update their blogs frequently, yet 65 percent pay attention to how often other bloggers post new entries to their blogs. In the casual blogging network, only 13 percent of bloggers become disappointed to learn other people's blogs attract more readers or responses.