How I make money with this blog
When I go to family functions or social events I often get a blank stare when I explain what I do for a living. I think people understand the part that I write articles and put them on a website, but when it comes to making money from it, they don’t get it. In this section I will lay it out and hopefully it will help bring some clarity…
CPC Ad Networks
There are a few different ad networks that I use on CPF. The most successful one has been Google’s Adsense program. Basically what they do is read the article that I write and find ads that are relevant to it and display them next to the article. The great thing about it is that by having extremely relevant ads, it actually can be quite beneficial to the readers as well.
For example, if I write an article explaining what an IRA was, but didn’t mention where you could open one, Adsense would likely be displaying ads of places to open an IRA. So as a reader, if I read that article and decided that I did want to open an IRA, the ads would be providing options that the article did not. I am currently doing a few tests with another CPC network called Chitika. Apparently, you can use it in conjunction with Adsense. The jury is still out, but I am interested to see how it compares to Adsense. All things considered, I have found that if optimized correctly, Adsense really can work well. I will explain more about how to optimize it in sections below.
CPM Ad Networks
While Adsense pays on a click basis (CPC), I use other ad networks that pay by the total # of impressions (CPM). At the beginning, these networks didn’t produce much income, but as the traffic grows CPM networks seem to work well in conjunction with Adsense. I use (or have used) ContextWeb, AdClickMedia, Adbrite, Adify, BuzzLogic, and Casale Media. Each has their own strengths and weaknesses and may be suitable for one kind of a site and not another.
Affiliate Product Sales
Basically an example of an affiliate sale would be if you sold lawn mowers and I referred a customer to you, if they purchased you would pay me back a % of the sale for referring them. There are a million options for this on the internet now. The main programs I use are Amazon’s Affiliate program, FlexOffers, LinkConnector, Commission Junction, Shareasale, E-Junkie, and LinkShare. There are many others, but these are a few of the more popular ones available.
(Added 10/20/10 – I recently found out about a new site called Viglink which allows you to automatically turn all our links on your site to affiliate links. I am testing it out and am pretty excited about it since it greatly simplifies the process of adding affiliate links.)
I have a very strong policy about honest recommendations. I give my honest opinions about products that I find regardless of how it will affect affiliate sales. For example, I wrote about Cash Crate and updated the article to show what I didn’t like about them. Because Cash Crate has such a generous referral program, I know some people making lots of money from it, but I just don’t feel comfortable recommending it since I had a bad experience using it.
On the other hand there are products like ING Direct, Ebates, Perkstreet Financial, Mint.com, and Sharebuilder that I recommend and also have some sort of affiliate or referral program as well. These are what I love because I can help readers by pointing them to good resources and tools that have helped me and get paid in the process. I know some people don’t have a problem promoting anything that will pay them, but I just can’t, in good conscience, recommend something to someone that I don’t genuinely believe will help them.
Direct Ad Sales
I also sell ad space directly to advertisers. This hasn’t provided much income for me yet and may or may not even be worth my time. I know that in certain niche markets direct ad sales can work out very well, but thus far it hasn’t been a big money maker on CPF.
How long does it take to make money from a blog
The second question that people normally ask after, “how do I make money with a blog?” is, “how long is it going to take?”. Well, let me just say this, if you are looking for a fast way to make money, blogging isn’t it. It takes time and hard work. As you can see from the chart below it took me a long time before the trend started moving upward.
But, for more than a year I was working at it about 10 hours a week. And don’t forget I didn’t know anything about blogging, advertising, getting traffic, etc when I started. So, if you know that ChristianPF is a blog, then you have a head start on me. Also, you have the wonderful privilege of reading this article where I am going explain most of the things that I did to help create that upward trend seen below – that I didn’t know the first year.
Blog earnings visualized
From other people I know who make a decent amount from their blogs, this curve seems to be typical. While the first year didn’t yield much income, it was crucial for the second year to be able to. While I wish I could tell you that you could jump right ahead to where the income starts increasing quicker, but I just don’t think it is likely. There are some tips in this article that I wish I would have known at the beginning and I think they will make things go a lot quicker, but there is no getting around the fact that it is going to take time to get there. But just like anything, the more you put in, the more you get out. The two keys are consistency and a willingness to learn. Without them, I would say that it will be very difficult to make money with your blog.
How to get traffic to your blog
So now are getting to the point of this article where I start sharing everything I have learned over the last couple years about blogging. So, if you are like most, you want to create a blog so that others can read what you have to say. Sadly, people will not find your blog (in the beginning anyway) unless you do a little legwork. These are some of the things I did to get traffic and some that I still do. The first thing I suggest doing is writing a few great articles about your topic and feature them in your sidebar. Then I would start working on generating traffic, because you not only want traffic, but you want returning traffic as well.
Guest Posting!!
I think this is one of the best ways to start getting some quick traffic. Almost every blog I know allows guest posts (even this one) – and almost every one of those does not discriminate. What I mean is that most bloggers (that I know anyway) will accept or reject a guest post based on it’s quality, not on whether they know the person or not. This provides a great opportunity for a newbie to write an article that could be seen by 20,000 readers. I don’t know of any other method that could bring traffic as quick. I must admit, I could still do more guest posting myself. I have been pleased with the results in the past. The key is to write a great article – don’t hold back your best stuff. I have seen people grow their blogs very quickly by giving some of their best articles away as guest posts. Also, only submit unpublished content as a guest post. If it has already been published, then the blog that is allowing you to guest post won’t get any search engine traffic for that article. But there are places to republish your articles you have already published – we will get to that in a minute…
Sign up for blog community sites
Just a few off the top of my head are mybloglog.com, technorati.com, and blogcatalog.com. Look for other blogs in your niche and join their networks and ask to become their friends. Networking with some of your fellow bloggers here will send a few visitors your way and is a good way to get started.
Submit to Blogcarnivals
One of the best things beginning bloggers can do is to sign up for blogcarnivals. At this site you can submit articles that you wrote on your blog to be included in a list of articles by the hosting blog. It is kind of like “open mic night.” If you have a good article with a good title, you can get some good traffic from blogcarnivals, not to mention incoming links from other related sites.
When I go to family functions or social events I often get a blank stare when I explain what I do for a living. I think people understand the part that I write articles and put them on a website, but when it comes to making money from it, they don’t get it. In this section I will lay it out and hopefully it will help bring some clarity…
CPC Ad Networks
There are a few different ad networks that I use on CPF. The most successful one has been Google’s Adsense program. Basically what they do is read the article that I write and find ads that are relevant to it and display them next to the article. The great thing about it is that by having extremely relevant ads, it actually can be quite beneficial to the readers as well.
For example, if I write an article explaining what an IRA was, but didn’t mention where you could open one, Adsense would likely be displaying ads of places to open an IRA. So as a reader, if I read that article and decided that I did want to open an IRA, the ads would be providing options that the article did not. I am currently doing a few tests with another CPC network called Chitika. Apparently, you can use it in conjunction with Adsense. The jury is still out, but I am interested to see how it compares to Adsense. All things considered, I have found that if optimized correctly, Adsense really can work well. I will explain more about how to optimize it in sections below.
CPM Ad Networks
While Adsense pays on a click basis (CPC), I use other ad networks that pay by the total # of impressions (CPM). At the beginning, these networks didn’t produce much income, but as the traffic grows CPM networks seem to work well in conjunction with Adsense. I use (or have used) ContextWeb, AdClickMedia, Adbrite, Adify, BuzzLogic, and Casale Media. Each has their own strengths and weaknesses and may be suitable for one kind of a site and not another.
Affiliate Product Sales
Basically an example of an affiliate sale would be if you sold lawn mowers and I referred a customer to you, if they purchased you would pay me back a % of the sale for referring them. There are a million options for this on the internet now. The main programs I use are Amazon’s Affiliate program, FlexOffers, LinkConnector, Commission Junction, Shareasale, E-Junkie, and LinkShare. There are many others, but these are a few of the more popular ones available.
(Added 10/20/10 – I recently found out about a new site called Viglink which allows you to automatically turn all our links on your site to affiliate links. I am testing it out and am pretty excited about it since it greatly simplifies the process of adding affiliate links.)
I have a very strong policy about honest recommendations. I give my honest opinions about products that I find regardless of how it will affect affiliate sales. For example, I wrote about Cash Crate and updated the article to show what I didn’t like about them. Because Cash Crate has such a generous referral program, I know some people making lots of money from it, but I just don’t feel comfortable recommending it since I had a bad experience using it.
On the other hand there are products like ING Direct, Ebates, Perkstreet Financial, Mint.com, and Sharebuilder that I recommend and also have some sort of affiliate or referral program as well. These are what I love because I can help readers by pointing them to good resources and tools that have helped me and get paid in the process. I know some people don’t have a problem promoting anything that will pay them, but I just can’t, in good conscience, recommend something to someone that I don’t genuinely believe will help them.
Direct Ad Sales
I also sell ad space directly to advertisers. This hasn’t provided much income for me yet and may or may not even be worth my time. I know that in certain niche markets direct ad sales can work out very well, but thus far it hasn’t been a big money maker on CPF.
How long does it take to make money from a blog
The second question that people normally ask after, “how do I make money with a blog?” is, “how long is it going to take?”. Well, let me just say this, if you are looking for a fast way to make money, blogging isn’t it. It takes time and hard work. As you can see from the chart below it took me a long time before the trend started moving upward.
But, for more than a year I was working at it about 10 hours a week. And don’t forget I didn’t know anything about blogging, advertising, getting traffic, etc when I started. So, if you know that ChristianPF is a blog, then you have a head start on me. Also, you have the wonderful privilege of reading this article where I am going explain most of the things that I did to help create that upward trend seen below – that I didn’t know the first year.
Blog earnings visualized
From other people I know who make a decent amount from their blogs, this curve seems to be typical. While the first year didn’t yield much income, it was crucial for the second year to be able to. While I wish I could tell you that you could jump right ahead to where the income starts increasing quicker, but I just don’t think it is likely. There are some tips in this article that I wish I would have known at the beginning and I think they will make things go a lot quicker, but there is no getting around the fact that it is going to take time to get there. But just like anything, the more you put in, the more you get out. The two keys are consistency and a willingness to learn. Without them, I would say that it will be very difficult to make money with your blog.
How to get traffic to your blog
So now are getting to the point of this article where I start sharing everything I have learned over the last couple years about blogging. So, if you are like most, you want to create a blog so that others can read what you have to say. Sadly, people will not find your blog (in the beginning anyway) unless you do a little legwork. These are some of the things I did to get traffic and some that I still do. The first thing I suggest doing is writing a few great articles about your topic and feature them in your sidebar. Then I would start working on generating traffic, because you not only want traffic, but you want returning traffic as well.
Guest Posting!!
I think this is one of the best ways to start getting some quick traffic. Almost every blog I know allows guest posts (even this one) – and almost every one of those does not discriminate. What I mean is that most bloggers (that I know anyway) will accept or reject a guest post based on it’s quality, not on whether they know the person or not. This provides a great opportunity for a newbie to write an article that could be seen by 20,000 readers. I don’t know of any other method that could bring traffic as quick. I must admit, I could still do more guest posting myself. I have been pleased with the results in the past. The key is to write a great article – don’t hold back your best stuff. I have seen people grow their blogs very quickly by giving some of their best articles away as guest posts. Also, only submit unpublished content as a guest post. If it has already been published, then the blog that is allowing you to guest post won’t get any search engine traffic for that article. But there are places to republish your articles you have already published – we will get to that in a minute…
Sign up for blog community sites
Just a few off the top of my head are mybloglog.com, technorati.com, and blogcatalog.com. Look for other blogs in your niche and join their networks and ask to become their friends. Networking with some of your fellow bloggers here will send a few visitors your way and is a good way to get started.
Submit to Blogcarnivals
One of the best things beginning bloggers can do is to sign up for blogcarnivals. At this site you can submit articles that you wrote on your blog to be included in a list of articles by the hosting blog. It is kind of like “open mic night.” If you have a good article with a good title, you can get some good traffic from blogcarnivals, not to mention incoming links from other related sites.
How it all started for me
About 2 years ago I was talking to a friend of mine about the idea of building websites full of free information to help people. After brainstorming a bit, I got a couple ideas of topics that I was passionate about: Proverbs and Personal Finance. My first idea was to post a Proverb each day and comment on it. As I explained my idea further to him, he informed me that I would basically have a blog. I didn’t know what a blog was, but I thought, “oh, ok, sure.”
So, over the next few weeks I read as much as I could find about blogging and ultimately decided on creating a blog about Personal Finance from a Christian perspective. I had been very interested in helping people with their money, so blogging seemed like a great way to reach people all over the world.
Over the next couple months, I started writing articles and officially launched ChristianPF in June of 2007. At this point I had thought about making money from the site, but had no idea how and honestly didn’t really think it was possible to make a living at it. I threw up an Adsense ad just to see what would happen and I still remember how excited I was when I saw that I had made my first 7 cents!
From there, I set a goal to make $100 by the end of 2007 which was pretty easy to accomplish – even without knowing anything. I should also mention that from June 2007 to June 2008 I spent about 4-6 hours each weekend writing articles and averaged about 4 new articles each week. And I spent a few more hours each week on site maintenance, emails, social media, etc. So in total I probably was spending about 10 hours each week working on the site.
Getting laid off
In July 2008 things got interesting. The large brokerage firm that I had worked 5 years for was bought out by a larger firm. I was told that my department would no longer be needed, so they handed me a severance check and I was on my way. By this point I was making some money from the blog, but not enough to even pay the rent each month.
