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Saturday, June 9, 2007

THE BLOG AS A BUSINESS

Author: Nathian Jackson
Most blogs are small potatoes. The vast majority are online journals where teenagers talk about their lives to a readership made up of their closest friends. A growing minority, however, are businesses in and of themselves. They balance costs and income; they purposely seek out content providers, advertisers, and paying customers. They make a profit. They are, in fact, Blog Empires, ruling over a reader-defined section of the blogosphere as the go-to site for millions who come to get the news, buy promotional merchandise, and donate money to keep their favorite bloggers fed and happy.

That's where you come in. You can draw millions of readers, because what you have to say is important. You can accumulate advertisers, because they will pay to reach your readers. In short, you can build your own Blog Empire, and it's easier than you think. It will take a lot of work (what worthwhile thing doesn't?) but you may find that being a blogger, building a Blog Empire of your own, is the most fulfilling job you've ever had!

The Components of a Blog Empire

A Blog Empire, like any other business, is made up of three major components: a supplier, buyers, and the products for sale. But a blog in many cases differs from the average business because you are bringing together two sets of customers and delivering two sets of products. And you're not even selling the main item you produce.

Sound confusing? It's really not. Let's take a look at the component parts and illustrate just how simple it is.

The first component is a supplier. That's you. It is your words, your opinion, your research, and your art which can bring thousands or even millions of readers to your blog. You will be the attraction, the broker, and the Emperor of your Blog Empire. If it weren't for you, the blog wouldn't exist. Because of who you are, what you know, and what you do, it can thrive.

The second component is a buyer, a customer. While the vast majority of your customers will be your readers, other customers will include companies that pay you to feature their links and advertisements on your blog. "Traffic" (those millions of readers out there who care about what you say) is the lifeline of your site: you've got to find them and bring them in. Once they are there, your advertising customers will pay for access to your reading customers, and your reading customers will pay for your information and merchandise.

The final component is a product. Like all businesses, yours can't exist without a product to sell. But what do you sell when you're giving your opinion away for free on a blog?

The first product you sell is yourself: your opinions and your expertise. Without selling yourself to your readers, you will have no customers. They may not always pay you directly (though we'll see that in many cases, they will) but if they don't buy what you're saying, they will not buy anything else.

The second product you sell is your space. You lease it to advertisers who will pay you to put information in front of your millions and millions of readers. Whether text links or flashing popup banner ads, your advertisers will pay you for a small part of your readers' attention.

The final product you sell is your merchandise. With a properly-branded name and a reputation for excellence, your readers will purchase coffee mugs, t-shirts, bumper stickers�anything you can imagine.

In your Blog Empire, your reader is a customer and a product, and the more customers you have, the more products you can sell and the more profit you can pocket. You can turn your labor of love into a digital cash cow by building a Blog Empire that brings customers and buyers together.

BLOGGING FOR PROFIT

Author: Viojieley Gurrobat
In the several instance that you have browsed the net you have probably come across a blog or two. Blogs refers to online journals where people express their feeling through writing. They represent personal opinions of authors about certain topics. Blogs allows people to share their ideas and interest with other people around the globe.

Blogs have become popular nowadays for a number of reasons. First, they are search engine friendly. As long as you are making posts regularly, search engines spider them and index them often. Search engines loves blogs because of the regularly updated, fresh content they present. Second, it's the quickest way to build a website. People who want to build a website but do not know HTML and how to create a website can use blogs instead. You do not really need to create websites or any programming language. And third, blogging increase marketing reach dramatically.

Even if you are not much of a writer you can always try blogs. When you become consistent with your blogging you will soon realize why it is important for internet marketers. But setting up a blog does not mean that you will have a one hundred percent boost in your income. A blog won't give you any new ways to make money except with the following ways:

1. Selling advertising space. You can sell text links or banners on your blog. If your blog have a high page rank then this strategy might work for you.

2. Offer affiliate ads. You can offer visitors links or banners to your affiliate products or services just like with a website.

3. The simplest way to get money through your blogs is by having Adsense or any other ads in your blog. Once people click on this ads, that the time you make money.

Keep in mind that your competitors are probably using blogs so you must use one as well. If your competitors are blogging then they are perhaps reaching customers easily and effectively. When you have a blog you can publish information about your business quickly while keeping pace with the growth in the market.

Simply put, blogs are useful social and communication tools. The market is getting smarter and more organized. People would want to talk to you and want to participate in the development of your products. Blogs can allow this because readers can submit their comments to the authot's post if the author allows it.

Blogs will be around for the years to come so it may be a smart decision to start blogging now.

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