Posted by Mitch Mitchell on Mar 27, 2012
As y’all know, I’ve been talking a lot about marketing lately. I’ve also been talking about the myth, of sorts, of making money by blogging. Well, I’m here to add some things to previous conversations.
First, I’ve always believed that if one has a highly ranked blog that they should be making pretty good money, enough so that they won’t have to work for anyone else ever again. That doesn’t turn out to be true at all, but not for the reasons you might believe.
There are two reasons a person won’t make a lot of money if their blog is highly ranked.
One is because their audience isn’t quite niched properly. By that I mean like my blog. I talk a lot about social media and technology stuff but at a moment’s notice I’ll change up and talk about marketing, diabetes, whatever. I have a nice group of people that subscribe to this blog and some other folks that stop by on a regular basis, but overall I’ve never niched this blog so that it continually attracts a specific group of people that might be interested in buying any of the stuff I have on the left or right sidebars of this blog.
Two, the other is that some of those people aren’t trying to make money blogging, even if the rest of us think they are. One of my friends who stops by here often pretty much told me that’s not her focus right now; it’s on content, plain and simple, and one day she might give it a real try. I’m not going to mention her name, but I am going to mention someone else’s name, and by extension mention a host of other folks.
I once talked about Steve Pavlina, who has stopped taking comments on his blog, and how much he writes. Truth be told, I have way more posts than he has, but he writes these really long posts, sometimes as much as 7,500 words. He puts a lot of time into researching his posts, sometimes experimenting before writing the posts, and I have to say that until he went on one 30 day challenge for himself that frankly freaked me out a bit, I used to stop in and read his blog a lot.
Now, here’s two things. One, he’s not making any money blogging. He’s got a highly ranked website, and he talks about writing lots of content that’s timeless and valuable to everyone that stops by. Two, he doesn’t have to try to make money from blogging because he’s already got money. The guy makes money in a totally different way that has nothing to do with blogging or writing. In other words, he’s got the money to do whatever he wants, including writing long blog posts, going on vacations whenever he likes, etc. How do I know? Because a few nights ago I read one of his books titled How to Build a High-Traffic Web Site (or Blog) where he talked about it.
It reminded me that there are many other bloggers with high volume websites that either do or don’t make a lot of money actually blogging because they already make money in other ways. Some that do were making money or already had money when they started, and thus really can’t relate to the rest of us.
The only one I can think of that’s somewhat like us is Darren Rowse, and you know how he did it? By having a niche blog as well as his regular blog, and the niche blog generated the big bucks. He also started off writing 9 or 10 posts a day, which fits the criteria about content. A lot of content will drive visitors and traffic, even if it’s not one long article. As a matter of fact, the highest ranked sites have multiple bloggers or use a lot of guest posts to help populate things. Copyblogger is an example, along with Huffington Post, of blog sites with lots of posts per day.
So, we come back to the two ways; niche blog and lots of content. For the record, a 7,500 word post works out to 10 – 15 posts for most people, and Pavlina does that 2 or 3 times a week. How many of you think you could do that? If I didn’t have 5 blogs I think I could do it, if I knew that’s what was going to make me money. But that’s still the issue isn’t it? You drive traffic but who’s to say that you’d have the right niche topic that brought buyers as well as readers?
I don’t really believe that any of the blogs I have right now would bring buyers, even if I was writing that much content daily. That means I’d have to figure out a way to modify things somewhere so that one blog could be within a broad niche so I could have enough to write about, but also make it a niche where there are buyers. It’s certainly not going to be leadership, it’s not going to be a local blog, and it’s not going to be a blog on SEO. I’m not sure a blog on social media would get it done.
But a blog on technology; yeah, that might get it done. A blog on working out might get it done. A cooking blog, absolutely. Man, too bad that’s stuff I can’t write enough on. If I were in my 20’s I could probably tackle technology but that’s it. I actually do have a friend that was making pretty good money writing on horses and horse equipment, but she found it hard to sustain at a certain level after awhile and turned it into a magazine, where she has a main sponsor that helps her out some. That proves that with the right niche you can do it, but also proves that it takes content, continuous and lots of it, to get it done.
Do you have what it takes inside of you to get it done? Are you at least thinking about things in a different way? Let me know.