I have been very lucky in finding someone to help me get started in monetizing my blog. I big thank you to Jeanie from I Could Use a Deal, as well as a great group of girls that together we have been able to bounce questions and ideas off of each other.
As a pretty new blogger just starting in July 2010 I did not get into blogging with the intentions of earning money. I was aware of the reviews and giveaways and knew I wanted to give them a try. Thank LeeAnn from The Life of Rylie…and Bryce too! for helping me find my footing and told me how to begin when it comes to how to handle reviews and giveaways. Today we still bounce ideas off each other and you will often find us promoting each other.
I have been trying to monetize my blog since the beginning of January. I wanted to share with you my success so far and give you some tips should you decide you too want to start monetizing your own blog. These tips are what has worked for me, and I’m still wading through what I’m comfortable with and what works for my blog. My blog is forever evolving as I grow and learn, but I’m happy to share my findings so far.
Earned Income from 1/1/2011-2/15/2011 (1 1/2 months): $1,212.90
Realized Income (money I have received): $980.99
The difference in earned and realized has to do with some sites that require a certain level to cash out or money that is owed to me that has a slower turn around.
One of my highest earners and favorite ways to bring in income is sponsored post. These are post that you are paid to write. With that said I only take on sponsored post that I feel both fit my blog and I feel comfortable writing about. For example I was offered a sponsored post for an Online Casino. I declined this because it is not something I wish to promote on my blog. However I received an offer to write about free online tax filing that I felt was beneficial to my readers, and I felt I had the knowledge to post about. It is all on where you chose to draw the line.
I have realized $405 in sponsored post and am waiting for an additional $58.50
Many of my sponsored post have come from either other bloggers that have offered up my contact info, or from advertisers contacting me directly. Here is the key though, they aren’t always contacting me about a sponsored post. Sometimes you have to offer the option to them.
Sign Up For Social Spark: One of the online places I find sponsored post is Social Spark. Once you have signed up you wait for advertisers to pitch to you. Once they have sent you a pitch you can either negotiate the price or let them know you are interested at the current price. Once an advertisers accepts either your negotiated rate or the original rate have a certain number of days to write the post which they will then approve. Once it is posted it takes 30 days for the money post to your account. I believe the cash out on this is $50, which means once you reach $50 you can ask them to send you your money.
In addition to sponsored post on my blog I am also a featured blogger at JoeShopping.com. I tell you this for one reason. READ YOUR EMAILS! Sometimes we have a tendency to trash emails we may think are spam. My advice to you is to answer them if it sounds like something you may be interested in. This means if it is a press release on something you would be interested in posting about, why not pitch them a rate for a sponsored post! I received such an email from JoeShopping in November, they were looking for bloggers for their site. Not having the time or wanting to initial write for another site I declined. However after further conversations I ended up with a working relationship with JoeShopping. In fact they sponsored a very lucrative giveaway of mine a $100 Amazon Gift Card Giveaway to kick off my Holiday Gift Guide.
The bottom line is do not under estimate what you are worth. All that can happen is someone can tell you no. You don’t know unless you try. Value your time, whether it be monetary or with product. Do not sell yourself short.
Feel free to leave a comment if you have any questions or you can always email me too. I’m always willing to help out where ever I can.