THE MAIN SECRET OF MONEY-SPINNING BLOGS
Blogging can be potentially very profitable and perspective. All of us know about the famous bloggers who make huge amounts of money on a regular base. I think that almost 80% of new bloggers start blogging for financial purposes. Most of them intend to make a living by blogging. 95% of new bloggers have other income sources rather than blogging. Almost every blogger is interested in monetizing his blog. For that reason, there are so many different web resources teaching people to make money by blogging. My website is one of them. Although I am new in this online business, I have already understood the main secret of money-spinning blogs.
Let me tell you that it does not matter how good a blog is, its success won’t be immediate. What do we mean when we say “success”? Usually, by “success”, we mean a blog’s financial profitability. A blog can be still popular even if it does not make any money. The popularity of a blog does not necessarily lead to its financial profitability. There are millions of website on the Internet that are highly popular, however, not all of them make good money. Let us look at Quora. The website has huge web traffic, on the other hand, it is not a money-spinning website. Of course, if the owner of Quora decides to monetize it, he will do it as soon as he wishes.
I have analyzed several blogs that make more than 100 000 $ each month. I considered about their advantages and negative sides. What I want to conclude is that all the money-spinning blogs have one thing in common. All of them have the feature that is highly important in the online commerce sphere. I can say that the quality uniting all the profitable blogs is the main secret of their financial profitability.
A HIGH AUTHORITY OF THE BLOGGERS
I think you have already guessed the main secret of money-spinning blogs. All of the blogs that make huge monthly revenues are launched by the people who have high authorities in the niches they blog about. All of the blogs that amaze people by their huge incomes are managed by qualified professionals. I have recognized that affiliate marketing is the main income of famous bloggers. Of course, blogs that huge web traffic volumes might make money through ads, advertisement, and other types of blog monetization tools. However, affiliate marketing still remains to be the most important chain in the mechanism of making money from your personal website.
There are loads of popular blogs that are involved in affiliate marketing. These resources have high volumes of traffic, however, not all of them are enough successful in affiliate marketing. Their affiliate links do not generate the same amounts of sales and conversions. I have always questioned myself about the reasons why so many popular blogs do not succeed in affiliate marketing. Later, by the help of my analytical skills, I found the answer.
If you make different product reviews and recommend them to your readers, it won’t guarantee you any sales. The amount of web traffic your blog is a secondary factor. First of all, your readers should respect you as professional and a personality. If they do that, they might trust you, and consequently, they will buy the products you promote and advise on your blog. But if nobody knows and trusts you, why should you expect any success in affiliate marketing? No, you should not do that. It is impossible. Have you ever wondered why the products advertised and recommended by Oprah Winfrey are sold so effectively? Let me give you the answer. Oprah Winfrey is a brand. People trust and love her, and therefore, her recommendations will be always accepted by masses of people worldwide. The same thing presents when we talk about affiliate marketing on the Internet. Authority of a marketer is the most important factor that can generate good sales.
If you want to make tons of money by affiliate marketing, you should start from building a respected brand. Establish yourself as an expert in your industry, and then, you will have a great success in affiliate marketing.