Category Archives: Monetization

Teaching Sells Members-Only Affiliate Program

Teaching Sells Affiliate ProgramSo, the long talked about Teaching Sells Affiliate program is now live, with only certain members being accepted into its ranks so that you won’t have to compete with all of the over 800 currently members out of the starting gate.

They say that they are only accepting members in good standing, and so while I have been reading all the content, and absorbing it all, I haven’t been communicating much on the forum, and am unsure what the qualifications are for being considered in “good standing”.

We will pay you 50% of the initial sign-up fee (currently $197) when someone joins Teaching Sells from your referral. Plus, we will also continue to pay you 50% of the monthly recurring fees (currently $49) for that subscriber who remains in good standing beyond the first three month period.

Interestingly enough, the affiliate page goes on to say what I have already expected, they are holding back content until the three month anniversary of the site, meaning that if you want to continue to get all the great things that they have thought up, you will have to sign up for another three months at the $47 renewal rate.

Sounds like a first rate affiliate program though, and I can see some people, with a huge amount of community clout making a killing off the nearly $100 per new member earnings that are possible.

Originally posted on November 20, 2007 @ 6:20 pm

Selling Your Readership

I have to admit that I find it a bit sad that so many make money online bloggers are taking the easy way out by selling their blogs, some well before their time for some quick cash due to the fickle market valuing such blogs at what I consider to be a fairly incredible rate.

So far I have seen nearly half a dozen blogs jump ship ranging from $2500 all the way up to $10,000. Mark at 45n5.com has come up with a great post, giving basic valuations to many blogs, further inciting people to sell now while the market is hot.

What does this say about the original blogger? How does this make me feel as a reader of these blogs? I honestly feel a little betrayed. Some of these bloggers promised to deliver a product: their knowledge. They have instead decided to sell off their blog leaving me wondering what kind of things I will be able to learn from the new owners.

Every blog sold goes through a transition, whether the old writer stays on for a day, month or year, it eventually changes from what made it great, into something different. Don’t get me wrong, different doesn’t necessarily mean bad, but in my experience, very few blogs improve after changing ownership.

Really what most of these people are doing is selling their readership. They are selling my time on their blog and the value I bring to someone else and the only way I can think to combat this is to take my time back, and place it in the hands of blogs that I feel confident are going to stick around, with their original owner, or at least a trustworthy level of professionalism.

On the flip-side though, I am enjoying that so many people are leaving the race, as it only helps continue my trend at making this the blog about becoming a professional blogger, and making money online.

Originally posted on November 5, 2007 @ 8:29 pm

John Chow’s September 2007 Income Report

John Chow’s September 2007 Income Report also known as “the post that makes me cry every month” has been posted on his blog, and its dizzying to watch as his blog gets past the $20,000 mark in one month, and even more amazing, it is only a year since the blog started.

His total blog income for September was $20,512.17 USD. This means that he made a little over $683 a day from his blog. I really want to stress how amazing this is because if he earned this much every month for a year he would be pocketing over $240,000 USD. Not bad for any blogger, let alone one that primarily blogs about making money online.

He did prove me right on one thing I have said before though and that is that private ad sales are really the way to go, as it became his biggest earner in September. This increase is most likely due to his redesign which focused heavily on creating advertising positions for him to sell.

John has done well for himself, but I believe that there are many other bloggers out there that can put in the effort needed to see such results as well.

If you are on Facebook, feel free to join my John Chow Wannabe Support Group, where you can complain, question, and network with others that want a piece of John’s income online and if you are lucky, John Chow, who is also a member, might stop by, and say “hello”.

Originally posted on October 1, 2007 @ 10:29 pm

PayPerPost: Selling Your Audience?

Before I begin this post, I want to mention that I have sat down and broken bread with Ted Murphy of PayPerPost before. He is a great guy, and his simple idea, turned company, has had the blogging world in a fury more than once.

PayPerPost

What is PayPerPost?

The simple explanation is that it is exactly what it’s name implies. I pay money to advertise a product, service or site using PayPerPost’s system, and members write about it on their blog, and collect the money for doing so.

From PayPerPost’s website:

Get paid for blogging. You’ve been writing about Web sites, products, services and companies you love for years and you have yet to benefit from all the sales and traffic you have helped generate. That’s about to change. With PayPerPost advertisers are willing to pay you for your opinion on various topics. Search through a list of Opportunities, make a blog posting, get your content approved, and get paid. It’s that simple.

The Good

This system sounds great for a variety of reasons. Instead of getting pennies a day, or sometimes a month through systems like Google’s AdSense, or Yahoo Publisher’s Network, you can now make a fair bit of money by reviewing products, services and websites through PayPerPost.

We are just coming into the half way point of the month, and some bloggers have already earned over $900 so far this month from this one advertising system. The top earner since the beginning has earned nearly $16,000 from the PayPerPost system. So it is easy to see why this whole type of advertising has become a success.

There are many people in this and other niches that seem to make around twenty to a hundred dollars per post on their blog, and so assuming that you can secure just one review per month, you would be bringing in $20 to $100 using just PayPerPost Direct. In conjunction with other forms of advertising, this could mean the difference between buying coffee once a month, to buying a dinner at a fancy restaurant.

As the service has grown, many great opportunities are now on PayPerPost. I found it very lacking when it first began, many of the better opportunities to make money being created by PayPerPost itself, which worked very well as a means to create buzz about the service.

The Bad

What will your readers think? This is one thing that many bloggers are struggling with. As you build up your blog, you are also building up a profile as well as certain expectations. Some readers will see you as selling out if you take the PayPerPost route.

Are you willing to sell out your readership to make some money by pushing a product, service or website

Others will see you as being fake, since the posts you might have to write will require you to put a positive spin on whatever you are reviewing. It then becomes a game of dollars versus ethics. Are you willing to sell out your readership to make some money by pushing a product, service or website that you don’t have in depth knowledge about? Can you really give a non-bias opinion when money rides on your answer?

I have heard of bloggers losing readership from using the PayPerPost service, and while that is understandable, is it worth worrying about?

The Ugly

There is also a pretty big group of bloggers out there that are willing to slam the service, the idea of the service, and anyone using PayPerPost. They find the whole thing unethical and compare it to selling out, or selling one’s soul. While you are required to post that a PayPerPost post was a paid advertisement, does that really excuse the act of putting advertising in your content?

Conclusion

Before you join PayPerPost or any similar service, you have to weigh the pro’s and con’s. I think that PayPerPost, like any advertising service has it’s place, but if the draw to your blog is based on your opinions on any subject, you might want to take an extra pause, or at least only accept posts that allow you to write your true feelings, positive or negative, about a particular product, service or site.

Also, make sure you think to yourself, “would I read a blog that had a full post of advertising, even just once every month?”

Originally posted on September 14, 2007 @ 7:11 pm