Want to Make Money Online? Then Stop Reading and Get Moving!

This guest post is by Danny Iny of Firepole Marketing.

A few weeks ago, I wrote a post here at problogger.net about how Firepole Marketing makes money.

I explained that even though we’re less than a year old, we’ve already made over $20,000, and that over half of that came from offline sources.

We wanted to know how other bloggers make their money. Is it all online, or do they make their money offline as well?

In other words, we wanted to know if they were Semi-Local.

In October 2011, we surveyed 153 people; 107 who were already Semi-Local, and 46 who aspired to be. We asked a number of questions to find out what was really involved in becoming and being Semi-Local. Here are the highlights of what we learned.

The first major finding was about how many hours per week people who were already Semi-Local (current SLs) spent working, versus how many hours per week people who aspired to be Semi-Local (aspiring SLs) spent working:

Notice the discrepancies on either end of the spectrum: 31% of aspiring SLs work less than 20 hours per week, versus only 12% of current SLs. On the other hand, only 15% of aspiring SLs work 50+ hours per week, versus 28% of current SLs.

Do you think people are idealizing the Semi-Local life, and expecting it to be a lot easier than it really is?

Another interesting finding was about take-home income:

There’s definitely more money in being Semi-Local: 39% of current SLs make over $60K/year, versus only 22% of aspiring SLs. The majority (60%) of aspiring SLs make between $20K and $60K/year, whereas the majority (60%) of current SLs make between $40K and $200K/year—a big difference!

There’s some interesting data at the edges of the spectrum, though. 25% of current SLs make under $20K/year, versus only 18% of aspiring SLs, and only 2% of current SLs make over $200K/year, versus 4% of aspiring SLs.

One of the most interesting findings (to me, at least) was about how people actually go about becoming Semi-Local:

The majority (71%) of aspiring SLs expect to achieve Semi-Local status by creating an offer that is substantially different from their current offer. In contrast, the majority (60%) of current SLs did it by selling exactly the same offer to a new market.

The lesson here is pretty clear—put away all of the shiny objects, and look for new customers to buy what you’ve already got!

This is one of the top questions for anyone who’s thinking about becoming Semi-Local: how long does it take to launch?

There are really two “categories” of results here: the first category is “under 100 hours,” and the second category is “100+ hours.” Seeing the results in these two categories, we can draw a couple of interesting conclusions:

Current SLs have a stronger preference for smaller projects as a means of getting going (76% of current SLs, versus 70% of aspiring SLs).Current SLs took a lot less time to launch than aspiring SLs expect it will take (46% launched in under 40 hours, versus 34% who believe they can do it in such a short time).

That’s the question that we should all be asking before opening up our wallets for the latest training program on blogging and online business:

This is the most striking finding: 63% of current SLs said “no,” versus only 43% of aspiring SLs. The message here is very clear: you don’t need training, you just need to get off your butt and start working!

Do you want to see more of the numbers? Review more of the answers that the respondents gave us? Then download the full report—it’s free!

Danny Iny (@DannyIny) is an author, strategist, serial entrepreneur, expert marketer, and the Freddy Krueger of Blogging. Together with Guy Kawasaki, Brian Clark, Mitch Joel, he wrote the book on how to build an engaged audience from scratch.

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Selling Without Website Broker? You’re Leaving Money on the Table

This guest post is by Jock Purtle of brokercorp.com.

So you want to sell your blog?

Your site is probably making more than $3,000 per month and you know that it might be worth a decent amount of money.

Image copyright Rido - Fotolia.com

Recent sales like that of the Huffington Post give you confidence that your content-based site has value to other webmasters or investors. And with the growing move of advertising dollars to the web, you could be the next person in the sights of cashed up buyers.

You have collected all the basic information that you think might help sell it, like domain age, monthly revenue, monthly expenses, growth trends, time to run the site, unique visitors and page views, income sources, and income proof.

You think you’re ready to sell, and are looking forward to a big payday.

You’ve heard of sites like flippa.com and you are thinking about listing the site yourself. However, have you considered using a website broker?

There may be some hidden benefits that you have not accounted for when selling your site this way.

Full disclosure here: I am a website broker, so I can answer this question in full. A website broker is a business broker for websites. They help webmasters sell their ebusinesses. They evaluate the website, and position it to sell for the highset price possible for the vendor.

Here’s a list of general tasks that a website broker performs:

determine an appropriate valuecompile a business memorandumprepare a marketing strategy for the saleinterview, educate and show the website to potential buyersassist in negotiationassist with due diligencedraft and present offerscontrol information flowprotect sellers’ confidentialitylook after paperworkhelp complete the sale (including contracts and funds transfer)provide after-sales support.

Website brokers assist in the entire sales process. When selling a site, the brokerage process is similar to that of a real estate agent. There is an agreement between the agent (website broker) and the vendor (website seller) for selling an asset (the website).

A broker will normally do their own due diligence before listing a site for sale, to make sure it is saleable in the current market. Once both parties are happy, and the seller gives instructions for the broker to sell the site, the broker will then prepare a sales memorandum (sales document) to be used to market the site and create competition between buyers. This document contains the website financials, traffic stats, and a general overview of how the website works.

Buyers then view this document and decide whether they want to make an offer for the site. They sign a letter of intent (LOI), and then get a set period for final due diligence. Then, if all parties are happy and a price is agreed on, contracts will be signed, the seller will receive their funds, and the buyer will take ownership of the website.

Brokers normally have a unique method of selling a site. This includes specific marketing channels that the average webmaster doesn’t have access to, like a network of buyers, subscriptions to business classified sites, and investment firms.

Generally, a website broker will fetch higher multiples than auction sites or owner listings. If you look at our websites for sale you will see the general asking price is around multiples of two to three and a half.

An example of this is a site we recently sold. The owner was a single mom who built up a great blog about parenting. It had over 4000 pages of unique content, 30,000 monthly uniques, a strong community with lots of repeat traffic, and was monetized through advertising and affiliate sales.

The site was getting to a point where the business was putting pressure on her family time, and she wanted to sell. Her 12-month net income was $25,203. She came to us thinking that the site was worth about $30,000. We eventually sold the site for $68,000.

It normally takes about two months to finalize a website transaction. However some sites can take a week and some six months—it really depends on the site in question. The longest part of the sales process is normally the due diligence and the back-and-forth between buyer, seller, and broker.

Some buyers need more time than others. If buyers request things like tax returns or older financials, it usually takes a little while longer.

On average, a broker will charge around 10% of the total selling price for handling the sale of your property. Some charge more, some charge less, but that figure is a good signpost to run buy.

This fee is due after the site is sold, and you have the money in your bank account.

No. Brokers work on 100% commission basis. If you don’t get paid, they don’t get paid.

The best sites to sell through a broker are those valued between $50,000 and $5 million. That’s generally a site with $2,500 or more in monthly revenue.

A typical exclusive agency agreement lasts around 90 days. Good brokers will provide you with a 30 day out clause that basically means that in the first 30 days if you aren’t happy with them you can cancel your agreement, no questions asked.

Have you ever used a website broker, or bought a site sold through one? We’d love to hear your experiences in the comments.

Jock Purtle is a Senior Broker at Brokercorp.com. They are a full-service website brokerage specializing in website sales and acquisitions. Jock is currently offering a free website valuation at http://brokercorp.com/sell/.

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20 Ways to Make More Money from Your Blog

This guest post is by James Penn of AcceleratedNicheProfits.com.

A few weeks ago, on the ProBlogger Community Boards, I started a new forum topic titled, “Help Me Monetize 1,000 Visitors Per Day.”

My natural health blog had experienced some rapid traffic growth, and had grown from 80 visitors per day to over 1,000 visitors per day using these seven strategies.

Yet my income was pitiful.

Image copyright Monkey Business - Fotolia.com

My only monetization strategy was linking to relevant Amazon products, and I was generating just over $100 per month. I worked out that if I carried on like this, simply promoting Amazon products, I’d need to be clocking 50,000 visitors per dayto make a comfortable, full-time income with this blog.

That wasn’t going to happen anytime soon, so I sought advice from fellow ProBlogger forum members, undertook my own research, and carried out my own experiments in a quest to discover alternative ways to increase the revenue I generated from my blog.

In this post, I share twenty strategies you can use to increase your blog income. Many I’m already using, many I plan to use, but some I don’t think would work on my particular blog, though they may work on yours!

I’d always been against adding Google Adsense to my webpages for fear of it taking away from the user experience.

I needn’t have worried as I’ve been able to add one ad unit in a fairly prominent position and one in a more secluded area of the blog without disrupting my readers.

I’ve only had these ads up a few weeks but initial results suggest they will earn me more this month than I earned with my entire blog last month.

Your sidebar appears on every single one of your blog pages. You need to be making the most of it.
Something I’ve experimented with is adding a new link category with a title that’s something like, “My Top 5 Health Books.”

Then below that title I’ll link to my favourite health books on Amazon. It’s a good way to get more readers in the door at Amazon and earn more Amazon commissions.

Sidebar links can work well, but deep linking to specific products that are relevant to the content I’m sharing is the most effective strategy for driving Amazon sales.

For example, on my health blog, if I have a post about the benefits of avocado oil for skin and hair, then linking to the most effective avocado oil on Amazon will generate a number of clicks and sales.

One of the problems I was having with my blog is that I was only linking to Amazon.com. Only 55% of my traffic was from the US—meaning I was missing out on a huge portion of commissions from the rest of the world.

There are a few plug-ins that “localize” your Amazon affiliate links, so a reader from the UK is taken to Amazon.co.uk, for example. This is a good way to pick up extra commissions that you wouldn’t have received otherwise.

A large chunk of Darren’s revenue is now generated from selling his own ebooks. In January and February of this year, ebook sales were his number one revenue generator.

Bloggers have a huge advantage when it comes to selling their own products since they’ve already gained trust from their readers and displayed their expertise. If your free blog content is good, then readers will assume your paid content is even better—and you won’t need to be a copywriting whiz to get sales.

I have two ebooks already written from a few years ago that I have simply let gather digital dust. A few tweaks and a new design and these ebooks will be promoted on my blog to my reader base.

On problogger.net, at the end of each individual post page, Darren has a promotional box that promotes the Genesis Framework.

I know this box works because I ended up buying Genesis via this promotion.

After setting my blog up with Genesis, I had my programmer design a promotional box for me, promoting a hair care product that pays $40 commissions. I added this box to every single post in my “Hair Health” category, meaning the promotion is shown only to the most targeted prospects. I’ll now be making more of these boxes so that I can put them into other categories, promoting other specific products.

With my health blog I got a little too comfy with the Amazon Associates program. It was so easy to just find a product, get a link, and put it on the blog. It was easy to set up, and easy to keep track of, but I was only getting about 7% commission.

Now when I go to insert an Amazon affiliate link, I do a search first to see if I can find a better commission rate.

This is another technique Darren’s using on prologger.net currently. At the top of the page is a very unobtrusive, 1cm thick pop over that simply serves to get people to click to his 31 Days To Build A Better Blog course.

This is something I plan to add to my blog when I have my eBooks up for sale, but it’s something you could do today to get people to click through to affiliate products.

I’m not a big fan of this strategy, but some use it effectively. If you have a loyal following that you treat well and really help, many may be happy to send a few dollars your way for blog maintenance, or merely as a thank you.

Perhaps put a Donate button on your blog for a few days and see how it works? Have you ever tried this? Did it work?

If you aren’t building an email list, then every single person who leaves your blog is gone, forever, unless they find you again via a search engine or link on another blog, which is unlikely.

But if you manage to collect their email addresses, you can stay in touch. You can send them back to your blog regularly and you can promote your own ebooks or affiliate products to them.

If you can get their email addresses, you can send them back to the blog every time you publish a new update. This achieves a number of goals:

It gives them another opportunity to click on one of your Adsense ads.It gives them another opportunity to buy your ebook or an affiliate product.It increases your number of pageviews, which increases your revenue from CPM banner advertising.It gives them an opportunity to share your blog on Twitter, Facebook, or Stumbleupon, thereby increasing your traffic and revenue.

This ability to retain readers will help you generate more revenue from the same visitors, which can only be a good thing.

Prior to my mission to make more money from my blog, I was simply sending updates to my subscribers directing them to new blog posts.

I realized that to increase my blog revenue, I needed to sell in my emails, too.

I sent a test promotion of a natural hair care product I’ve previously mentioned to an extremely targeted list of just 340 subscribers generated from the blog. I made four sales from one email resulting in $160 in commissions.

Before I monetized my email list, it would have taken me one and a half months to earn this kind of money from my blog.

Many are happy to pay to get an ad, or an entire solo ad, in an email list. Consider offering email advertising packages to further increase the revenue generated from your email list. Create an Advertise With Us page on your blog and state your rates.

Seven days ago I wrote my first product review on my health blog. I don’t want to share what product it was, but after pressing Publish, I was instantly ranking in the top 10 for a number of keywords such as “[product name] review” and “buy [product name].”

This review, with no promotion, has generated $120 in commissions in the first seven days, and I expect it to continue like this for the foreseeable future.

Something I see a lot of on popular health blogs are sponsored competitions. A company donates a few of their products to a blogger and the blogger runs a competition giving away these products.

These competitions are free to run, and can be immensely profitable. Firstly, they are capable of drawing huge traffic, and secondly you can promote the product using an affiliate link. Competition entrants who don’t win, or who don’t even enter, may end up buying the products via your affiliate link giving you a nice commission boost.

A few months ago I was approached by a plastic surgeon. They wanted to publish a post on my blog promoting their plastic surgery business. They offered $125 for a 500-word post which they would write.
I had to reject their offer because my blog focuses on natural alternatives, but it opened my mind up to the possibility—and profitability—of charging for sponsored posts.

I’ve yet to try it, but in the very near future I’ll be approaching natural health and beauty companies offering them an opportunity to publish a post promoting their business. I won’t be able to use this method too often or fear of annoying readers, but one or two sponsored posts a month is an extra $100-200 monthly. If you’re really cheeky, you may also be allowed to use your affiliate link to promote their products.

Darren gave me this idea with his post about creating a bestseller list. This involves creating a list of the most popular products your blog readers are buying as judged by your Amazon affiliate reports.

I immediately went away and created my bestseller list on a new page of my blog. This page is linked from my top navigation bar so it receives exposure on every single page of the blog.

Prior to major holidays, such as Christmas, Mother’s and Father’s days, and so on, it’s a wise idea to create a “Top 10 Gifts For Health/Nature/Photography/Sports/ Enthusiasts” list. Simply create a gift ideas list for your blog’s market, and you’ll see an increase in affiliate commissions as you get traffic from keyphrases like “gift ideas for photographers.”

Another idea is to create Top 10 DVDs or Top 10 Books lists for your market. On my blog I have articles such as The Top 5 Natural Sunscreens, and The Top 5 Natural Shampoos. Pick a product in your market and write a list of the top five or ten brands.

This is not something I’ve tried, but I know some bloggers have used it well. I’m not sure it would work too well in my market, but I’m sure there are many markets it would work in.

This idea simply involves creating a premium quality, longer-than-normal blog post. You publish the first part as a teaser and then require the reader to pay a small fee to read the rest of the post—perhaps $5 or so.

Like I mentioned earlier, if your readers love your free content, they’ll assume your paid content is even better.

On my blog, I have certain content that I know generates more revenue than others. Therefore, to increase my revenue, it makes sense to push my readers towards this content.

Darren pushes his high-value content on the homepage by making certain posts “Featured.” You can also push people towards high-value content by interlinking within your posts, and linking to your high-value posts from the sidebar. You should also focus on building backlinks to your high-value content to push them up the search engines and attract more organic traffic to these posts.

This is a slightly out-of-left-field strategy I learned from Darya Pino of SummerTomato.com and it’s not actually a way to increase your own revenue, but instead to raise some money for charity.

Darya was disillusioned with the number and quality of guest posts she was receiving and so decided to require a $10 donation simply to review a guest post.

I’m getting between three and five guest post submissions per day. I reckon I could cut this number down significantly, increase the quality of guest posts, and raise some money for charity by charging to review guest post submissions.

Above I’ve presented 20 strategies you can use to make more money from your blog and your existing traffic.

What strategies are working best for you when it comes to monetizing your blog? Do you have any “out of the ordinary” strategies that are helping you to profit from your blog? Share them with us.

James Penn is a keen blogger and shares his internet marketing experiments, tips and secrets at AcceleratedNicheProfits.com. He is also a big fan of building niche email lists and has documented his top list building strategies in his step-by-step guide 100 Subscribers Per Day.

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Action! Can Our Hollywood Experiment Help You Make Money Blogging?

This is a guest post by Joke and Biagio of JokeAndBiagio.com

Setting: a busy production office in Hollywood, California. Joke stares at her husband Biagio in disbelief.

Joke: You bought another book from Darren Rowse?

Biagio: Well, uh, no…this one’s actually by the Web Marketing Ninja…

Her face goes blank.

Joke: Did you just say…Ninja?

ProBlogger, Joke and Biagio

That kind of back-and-forth’s been typical ever since we tip-toed into blogging in 2009.

Sure, it’s always fun to think about monetizing the blog or read about ways to get big traffic.

But realistically, our blog for filmmakers who want to break into Hollywood has been more of a fun distraction than a tool to make us money.

Maybe you’ve felt the same about your own blog? Wondered if banging away on your laptop at 2am would have any (positive) effect on your business? Questioned if the “standard” ways to make money blogging were right for you?

We’ve had those doubts over the past few years.

An idea struck. A new approach to cashing in on our blog that seemed obvious and frightening all at once.

In fact, just saying it out loud freaked out our friends and colleagues.

But we really believe this idea is a win-win scenario for both our readers and our company. It’s a concept that just might work for you, too.

More on that in a minute. First, some background…

As working producers and directors in Los Angeles, blogging was not high on our “to do” checklist for Hollywood success. But we had a personal reason for writing: to create the film and TV blog we wished existed when we were starting out.

You know, back when we were banging our heads against Hollywood’s closed doors, trying to get noticed by anyone in “the game.”

Two-hundred posts and 2500 Twitter followers later, we found ourselves with a small but engaged group of readers who wanted to succeed in film and TV.

And no idea how we were going to monetize our blog.

Other than a few affiliate banners and the occasional Adword, we never embraced “selling” to a community largely made up of struggling artists (an accurate description of us just a few years ago.)

And, since blogging will never be our main income stream (we make a decent living in film and TV) the thought of turning our filmmaking blog into a six-figure sensation seemed pretty silly.

While the notion of being “top bloggers” was romantic, were we really going to:

create e-books?promote affiliate programs?find joint venture partners?

Or were we gonna’ keep chasing Oscars?® and Emmys?®?

Then, the crazy idea came along.

The number one rule of a blog is to provide value, right?

We asked ourselves, “What’s the ultimate value we can provide to our readers? What do they want more than anything?”

In our hearts, we knew the answer: the same thing we wanted while living in our shoe-box, one-bedroom apartment not so long ago.

Access to Hollywood.

So after spending two years educating our readers on what it takes to make it in this business, we’re now opening the same doors that were closed to us for so long.

We’ve invited them to pitch TV shows to us.

When we do sell a project with an aspiring filmmaker (like we just did with our upcoming documentary series Caged on MTV) that person will be paid to work on the show, receive a producer credit, and take a giant leap forward in their careers.

Plus, selling just one series with a reader will instantly make us “six-figure bloggers.”

As a bonus for both us and our readers, anyone who submits a show must join our newsletter. We send out tips and tricks on turning ideas into concrete Hollywood pitches, as well as up-to-the-second info about the kinds of shows we think we can sell at any given moment.

When the day comes that we do take a little time off from making film and TV, that list will prove invaluable should we want to write a book or put up speaking events on working in Hollywood.

How about you? Have you spent years educating your readers on a particular topic? Why not tap into the pool of experts you’ve created?

Most bloggers see readers as potential customers. Maybe it’s time to see them as potential partners instead. Are you:

An independent software developer kicking out posts on the Objective-C language? How about taking pitches from up-and-coming coders on new iPhone apps?Blogging how-to posts about the furniture you craft by hand? Why not expand your line by accepting product concepts from your most accomplished readers?Writing about designing and selling great widgets? Let your fans bring you valuable ideas for better widgets.

Just think: one great idea from a reader could be worth a lot more than your commission on that “weird old trick” affiliate product you’ve been eyeing.

Of course, we had to have our lawyer draw up a proper submission agreement, and anyone wishing to pitch TV show ideas to us will have to go through a formal process. Before you open yourself up to pitches, make sure you’re not open to potential lawsuits. Consult your lawyer.

Biagio: Not bad, right?

Joke nods. Her expression…a glimmer of hope?

Joke: Does this mean you’ll stop shopping at ProBlogger now?

Biagio: Well, uh, no…

Joke sighs.

Joke: Better sell some more shows quick!

Joke and Biagio are a married filmmaking team (Joke’s the wife, Biagio’s the hubby.) Their goal is to help aspiring filmmakers and TV producers break in to Hollywood by providing real-world filmmaking advice and taking TV show pitches from talented, hard-working dreamers. Their current film Dying to do Letterman has been invited by the International Documentary Association to qualify for 2012 Academy Award® Consideration, and they have numerous unscripted TV shows to their credit. Keep in touch with them on Facebook and Twitter.

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13 Ways for Bloggers to make money with advertising

I posted recently, my "how bloggers make money MindMap" on Google +. I have a few people ask for clarification around the advertising section, and the meaning of all the options out there. Here is a summary:

These are Chitika services such as AdSense and smaller but also NuffNang or more local ones like (which operates from Australia and Asia). They can probably fit into some of the other categories, as they use different models to deliver their ads.

This is where you sell space for an ad and paid on the basis of how many times it loads. You usually gets paid per 1000 impressions of the advertisement. The rate is much, depending on topic. There are plenty of very low, "remnant" ad networks out there that pay you peanuts per impression, but you can get a higher value niche you better money. I have paid up to $ 40 per 1000 impressions.

These ads paid when someone just takes some kind of action after clicking on the ad. The action would be a sales but also would sign them up for a service that could allow an e-mail address, etc.

This is what AdSense Preview: every time someone clicks on your ad, you'd have a certain amount. AdSense now do a combination of CPC and CPM ads — they mix them.

This is what I do on ProBlogger. I sell ad spots on a month-by-month basis to sponsors for a fixed amount per month.

When you sell a text link on your site, the person buying usually the link for the search engine ranking purposes. As a result, Google frowns on this and you could be risking by doing your own rankings. I do this, not as I see it as a little too risky, but some bloggers still do. Prudent.

Also known as sponsored posts (advertorials), this is where you get paid to review for a product or to promote it in a post. Bloggers have different ethical views on this matter. Generally these days you need to mention that you will be paid for the entry.

If you are working in a niche where people can buy and sell products or there are jobs that people want to advertise this is a good source of income. You must be able to attract both advertisers and they want to see the ads to work, though — so you need traffic and profile.

This is a growing area for me. Some advertisers like to have their brand included in emails that you send to readers. We find some on-site sponsorship banner ads with inclusions in pooling our newsletter is a good way to sell space to advertisers.

Some ad networks (like AdSense) have ways to do this, but you can also sell sponsorship in your RSS feed directly. We use a WordPress plugin called RSS footer to add an ad in the RSS feed of ProBlogger.

Here are a few more ideas I should add to the mindmap ...

Ad networks like Kontera offer this, and I think Chitika and a few others do, too. They are the ads that appear in your messages, turning certain keywords in small ads (they usually change the color of the word and/or underline it so that it appears as a link). When someone is on the word pops up a small ad with a description of a product that they can buy. Some bloggers find these ads convert well, but others find them intrusive.

If you publish, you might be interested in videos YouTube's integration with AdSense, which allows you to earn money from the ads that are displayed in your videos.

Yesterday + Scott Fitzgerald ImageS pace Media, warned me to which have a system that adds ads in your images. These are similar to the ads that you see in the Youtube videos that pop up and that can be minimized.

There are of course other diff of ads and ads that fit in multiple categories above. What types of use, if any?

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You should write about making money blogging on Make Money blogging [misconceptions new Bloggers have # 3]

This post is the third in a series of studies of misconceptions and myths about blogging, that many new (and some experienced) bloggers about blogging.

We have already discussed the misconceptions that blogging superhuman effort takes (or is simple!) and that you daily on your blog should books.

Contemporary misconception is all about money. It is one that I hear every day when I observe what people are saying about making money from blogging.

Only people who sell make money blogging resources, make money blogging.The most profitable topics to blog about his blogging tips of making money blogging.It is impossible to make money blogging on "normal" everyday topics.

The reality is that most people who talk about making money blogging those trying to create a name for himself in that very niche. I think part of the creation of authority and credibility is to show what you are doing, so that bloggers in this niche are often not Wars of their revenue share.

On the other hand, many bloggers who are making a living from blogging in other niches don't have an avenue through which to talk about it, or don't want to (for privacy reasons or because they don't want to warn the competition to their success).

As a result, is the impression that new bloggers often get that nobody is making money blogging with the exception of a letter about writing.

Let's see some of the realities of working in this niche.

You good money blogging about blogging. It is true — there is money to be made in this space. Teaching others blog and that a life of it can be profitable. I make enough to live (and some) from ProBlogger every month, and know of at least five or six other bloggers in your niche that on a comparable level would be. As with any subject that has nothing to do with money, this can be a lucrative niche.It's been a busy niche when it comes to finding readers. As a result of the success of a number of (and the public service broadcaster of results), many others joined the hunt for market share in this space. I have not seen figures on it, but I suspect that the result is that it is one of the more crowded niches. As a result, can break into the niche and making a name for yourself can be tough.It's been a busy niche when it comes to products. If you want to make money in the niche Make Money blogging by releasing a product, there are not only a lot of other blogs, but a lot of products that you will have to compete with. Not a day goes by when I'm not approached by another blogger like me to their e-book, course or tool ... Again, it is difficult to distinguish, and I suspect that many bloggers already have bought just enough products, and are not so interested in buying more.There's a lot of suspicion about the topic. Thanks to the nature of the subject has a lot of suspicion about it. Unfortunately, over the years, this niche has attracted its fair share of dubious characters and those less-than-ethical and transparent tactics have used to make a name for itself. This has a lot of suspicion among the public about the niche. I'm kind of glad about this suspicion, I like a lot of people who've seen scammed, but it makes this a tricky area to work in. My recent ban on (and then reinstatement) of YouTube seems to have occurred because many in the niche were tarred with the same brush (most of the accounts had made an end of videos including the words "make money online").Bloggers are perhaps more reluctant to spend money than other target groups. Let us be clear: I'm not calling you cheap! But one of the factors to consider in this area is that the barriers to entry for the blogosphere (unlike other hobby) are very low. You can setup a blog for free, there are thousands of blogging themes, tools, and how-to instructions there for free, and there is plenty of free help within the niche. As a result, many bloggers don't come to their blogs with the expectation of having to spend a lot of money. This can affect the bottom line for those who try to operate in this niche (I will touch on this more below).

I'm not going to pretend that all other lucrative niches. I know a lot of bloggers with decent readerships that are struggling to make money, because their subjects do not lend themselves for monetization. However, my experience teaches me that there is definitely a lot of opportunities in other niches, and that in many ways they can make it easier to make money than the niche blogging tips.

Personally, I have found it a lot easier to build significantly larger audience and higher profits in other niches. My photography blog has about five to six times the readership of ProBlogger, and is more than five to six times as profitable.

The niche photography is very competitive, but there are some other so quickly including:

The market is larger: There are a lot more people around who own cameras than blogs.The audience is more of a public expenditure: I mentioned above that since blogging has low barriers to entry, bloggers are often less likely to spend money. Photography is a little different. People increasingly spend thousands of dollars on cameras, they buy photography magazines and books, they enroll in courses ... There is just more of a willingness to bring in that niche.The audience is not as suspicious: While people still a healthy suspicion of online marketers in this space, there are fewer barriers on this front.

This assessment is not only relevant to the photography space — plenty of other niches are also bigger and his audience that more be used for expenditure.

This is probably not the place for a full exploration of how a niche for your blog (I will also be some links below for more information about that). My general opinion is, however, to choose a topic on which there is a healthy demand for content (it's hard to have a successful blog about a topic that nobody but you bought) and that you know something about (and preferably have a passion or interest).

My co-author on the ProBlogger book, Chris Garrett, last year on the day of the training ProBlogger presented in Melbourne, and used a slide which I think is a great Visual at this point:

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