How Top Bloggers Earn Their Money
This morning an interesting article from BusinessWeek is making its way up the Digg rankings: How Top Bloggers Earn Their Money.
In summary: personality, originality and traffic.
From a journalistic perspective I would give the article about 6/10 though since some of the bloggers clearly weren’t approached for an interview.
Here are some quotes I found interesting:
Jeremy Schoemaker of ShoeMoney.com: “We’ve never had an open advertising spot,” he says. “We have a waiting list.” Yeah, me too. *cough*
From GoFugYourself.com: “Suddenly our inside joke was turning into a business, and it caught us completely by surprise.” Interesting. What are your inside jokes? Could you make a site out of them?
From the LOLcat site ICanHasCheezburger.com: “If you hit a niche and you can build a community, you might not have a $1 million idea, but you might have a $10,000 or a $100,000 idea.” I have a virtual boxful of discarded ideas in the attic. I wonder if any of them were valuable? Or if it’s too late to create another LOLcat site?
Pete Cashmore of Mashable.com: “Bloggers don’t get much sleep.” You tell it, man.
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Posted
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Tuesday, July 17th, 2007 at 11:15 am
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“We’ve never had an open advertising spot,†he says. “We have a waiting list.â€
I love that quote
July 17th, 2007 at 11:59 amIt’s something to aspire to!
July 17th, 2007 at 12:07 pmYes too late for a LOLcat site, however I do have a business idea revolving around those, and I am willing to share for anyone to try. How about a “LolcatToOrder” site (watch the domain go bye bye after I post it).
Basically all you need is 5 cats and a photo camera, then make a site saying you are accepting requests from people to make them custom fresh and authentic lolcats - payable through PayPal! Basically someone can send you a request saying “Minx, today I need a lolcat with a Jack Daniels theme, can you use Fluffy again to get me something where he’s taking a swig?”
With the latest lolcat craze, watch the money roll in faster than a cat can cough up a furball. Don’t even get me started on what can happen once one of the kittens gets popular, they’ll have blogs dedicated to Fluffy alone!
July 17th, 2007 at 6:50 pmLolcats to order, nice! I think we’ll be seeing a lot more of lolcats, personally. I have a very discerning and sophisticated sense of humor
and I find them (the best ones) hilarious!
July 17th, 2007 at 7:05 pmPersonally I think traffic is the most important, ’cause to be honest (sshhh don’t tell anyone) - well I deleted what I wrote anyway - but I think just get the traffic and the rest will take care of itself - you should check out my insightful post about the correlation between Alexa ranking and blogger revenue (if you haven’t already) - http://www.netmonetization.com/2007/07/blogger-revenue-and-alexa-rankings-are.html - it’s all in the maths (UK English for math). Richminx.com is a great name too so you shouldn’t have any difficulty getting yourself noticed!
July 18th, 2007 at 12:18 pmWell there are mulitiple approaches to making a million dollars. The first and most difficult is to produce something worth 1 million dollars and try to sell it, not easy let me tell you. Or rather you could try to add $1 of value to 1 million people and if they see that this is valuable to them they might just give you that money. Both are very difficult approaches but it seems like producing something that is worth 1 dollar of value is alot easier than producing a 1 million dollar product. Just my two cents on the subject.
July 18th, 2007 at 11:04 pm