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MONETIZING A NEW BLOG: 5 GREAT WAYS!

Monetizing an old, established blog with tons of readers is no big deal…even a grade kid can do that. However, when it comes to monetizing a new blog, even the most seasoned of online entrepreneurs is a bit skeptical. Eyebrows are raised and serious questions asked.

How in hell do you intend to do that?!

Simple. Calm down and follow carefully, the steps outlined in this entry. After that, monetizing a blog will be child’s play irrespective of the fact that its a new or established blog.

monetizing a new blog

Assumptions

  1. It is assumed that the blog you intend to use these great ways of monetizing a new blog on is at least 1 month old.
  2. It is assumed too that the blog has at least 15 articles that are more than 300 words in length, are of high quality and have been properly optimized for search engines with the aid of  such tools as SEOPressor and WordPress SEO by Yoast.
  3. It is also assumed that you know what you are doing. Your overall strategy would be dependent on whether you simply want to use third party advertisement services like Adsense or Infolinks, sell adverts on the site directly or become the mouth piece of another by means of affiliate marketing.

Why do I assume (or rather recommend) that you have the above three conditions in place before attempting to monetize your blog?

Simple. A fresh blog that is about a week or less may not have been indexed by the search engines. The implication is that it may not be getting the required organic traffic that a blog needs to leverage on when it comes to making money online.

Secondly, by using tools that are specially designed to help make your content more search engine friendly, the chances of many searchers landing on your site, spending some quality time and clicking on your adverts is actually high. Why? These group of persons were actually looking for something before they landed on your site. Greater chances are that as they are on your site, the may still be looking…just that this time around, they’ll be looking by clicking ads!

Finally, it is assumed that you know what you are doing. It is important that your blogging frequency, life and niche determine what type of monetization you should actually use. A highly specialized niche site may be wise to be an affiliate of related products but may be quite a failure selling direct ad space especially to a market and an audience that do not have respect or understanding for that niche.

Enough of the stories, Terungwa, I’ve got all of these…now what next?

Simple.

5 Great Ways of Monetizing a New Blog

1. Sign Up With Infolinks

Infolinks is an advertisement network that determines user intent in real time. It monetizes blogs with smart ad units that help overcome banner blindness and intensify engagement.

When you sign up and implement infolinks to your blog, keywords will be dotted (or underlined twice) depending on your setting. You can also change the color of such a keyword to either blend with your content or stand in sharp contrast with it.

Infolinks has other monetization options that include “in search”, “in tag’ or “in frame” ad units in addition to the most popular “in text” option. The greatest appeal of Infolinks is that it does not make your blog look clustered and the payout is fast and efficient. On reaching the $50 dollars threshold, you may request for payment via Payoneer and cash out your money almost immediately on any ATM machine, the world over.

You can sign up with Infolinks HERE.

2. Sell Ad Spaces Directly Or Partner Like A Service Like BuySellAds

Selling ad spaces directly is one of the greatest ways to monetize a blog. When I launched Notopoverty, I was under the impression that till I commanded 30 thousand unique visitors a day, selling ad spaces was a no – no for me.

How wrong I was!

I sold out my very first ad space when I had less than 100 unique visitors a day!

However, the key to selling out ads on a blog that is new (and does not have impressive stats to intimidate advertisers) is pro-activeness and extreme hard work. I made it a hobby to send out at least 5 proposals everyday to prospective advertisers…before I knew it, someone requested for my rates!

There is a proposal format I learned from Michael Hyatt of MichaelHyatt.Com and I present it here verbatim:

Hi [name], I have decided to begin running a limited number of ads on my blog. I think your product would be a perfect fit.

But, to be honest, I don’t know if it will be beneficial to you or not. So, here’s what I’m thinking. How about we run an ad for 30 days and then assess the results?

If it generates traffic for you, you can decide if you want to continue on a paid basis. If not, no problem. We’ll pull the ad and still be friends. What do you think?”

There’s no harm in following what Mike suggests. It does no harm really and works magic. Every two out of ten I sent this sort of proposal responded and 1 out of 20 eventually picked up an ad slot. Is monetizing a new blog not really easy?

Don’t forget however to get a smart ad page for yourself. For this site, you’ll find the ad page here. It could be fun using such plugins as Ads by datafeedr.com, OIO Publisher, or Easy Ad Manager.

Or, if you’re a bit lazy about monetizing a new blog (and don’t mind sharing the revenue), you could consider BuySell Ads.

So much for this point. Can we discuss another way of monetizing a new blog?

3. Sign Up With Ad Dynamo

Ad Dynamo is also a great way of monetizing a new blog especially if you’re in Africa. Earning with Ad Dynamo is as simple as signing up, generating HTML tags and placing those tags in your blog’s theme or template.

The good aspect of Ad Dynamo is the different payout options. As of press time, this ad company pays out its partners via the Ad Dynamo card (that is issued by them), Paypal and Direct Bank Transfers.

Signing up with Ad Dynamo is quite easy. Simply click HERE.

4. Go The Chitika Way

Chitika has over 300, 000 publishers that would ensure leverage for its participating members. The company also delivers intent driven ads to the right user, at the right time and in the right place. Sign up with the company is free and the website integration is famously only thirty seconds.

In addition, Chitika runs a Referral Program where participating members could introduce others (mainly bloggers and webmasters) to the program. Such memebers earn 10% of the referred publisher’s account for the first 10 months!

You can sign up with Chitika HERE.

5. Consider Clicksor

Clicksor is also a great platform when thinking of monetizing a new blog. It uses contextual targeting which scans for keywords and matching relevant content with the ads.

Clicksor also has an array of  over 10 ad formats, pays via check or Paypal when your account balance with them exceeds $50.

If you are thinking of monetizing a new blog (or an old one), consider signing up with Clicksor right HERE.

Over To You!

This list is by no means exhaustive…that I’m sure. Why don’t we help newbies by providing other means of monetizing their new blogs that are not listed here?

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This is Akaahan Terungwa, a passionate full time blogger, husband and father. He also happens to be in charge here (don't call him boss anyway!) When he's not online, you're sure to see him with his little boy heading to a relaxation park or if he's asleep, researching alternative energy. Love what you just read? Consider following him on Twitter, becoming a fan on Facebook or adding him to your circles on Google + so that you never miss an update!
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