So, you want to get rich off a blog. Maybe you’ve seen pictures of Marcus Frind, founder of free online dating site Plenty of Fish, holding up his check for $901,733 – money generated through Google’s AdSense. Or perhaps you’ve heard of Jeremy Schoemaker – they call him “Shoe Money” – who also posted a picture of himself holding a check from Google for a month’s worth of clicks: $132,995.
You’ve heard these outrageous tales of success, and you know that you have great blog ideas yourself. And you, too, want to get rich, quick.
As the founder of Today’s Growth Consultant and Income Store, two companies that collectively own over 200 income-generating websites, I regularly partner with industry thought leaders, CEOs, authors, and athletes to create a generous amount of blog content. Our websites are seen over 50 million times a year, and we’re currently under contracts to split revenues in the eight figures. I’m here to tell you, you can make money on a blog. But not if you are exclusively focused on dollars.
The bad news: the days of monetizing a blog simply by plastering it with ads were well over by about 2008. Back then, you could get $40 per CPM, where today, it’s about $2. Even if you decide to go that route, you’ll need a substantial amount of traffic to make it lucrative. If you’re new to the blogging game and don’t have traffic yet, that’s going to take a while to build. So, you probably aren’t going to turn into the next Marcus Frind or Shoe Money simply by pasting ads all over your blog.
But there’s another way.
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About the Author
Ken Courtright, speaker and author of multiple best-selling Internet marketing titles, is the founder of Today’s Growth Consultant (TGC) – a two-time Inc. 5000 designee – that launched www.IncomeStore.com. TGC/Income Store partners with individuals, companies and private equity firms/fund managers procure, develop and manage revenue-generating websites at two times earnings. The company’s portfolio currently boasts over 400 websites that are seen approximately 100 million times each year. Ken may be reached online at www.TodaysGrowthConsultant.com.