So today I am going to set my views about monetizing blogs and when should you start it. I have read several blog posts about this but I think I’m going to have my share of what my thoughts are about monetizing blogs too early. Doing my own research, I have found out that 80% of blogs that are created have goals of putting advertisements on it and make the most out of it. And if I’m gonna base it with what I have seen most, I can say that out of 80% only 10-15% make decent money from their blog.
Monetizing a blog too early is an issue for a long time. I remember a great friend Carl Ocab writing a post that one should monetize early. Obviously I commented explaining my side and he had his reply to my comment. So back to monetizing I think it’s not really bad to monetize the blog very early. In fact you can sell your space cheap if your blog is new. But what I think most people are forgetting is that you don’t really need to expect a lot from it. Oftentimes, one would put a chitika banner and upon seeing that the blog hasn’t even made a dollar on a week, he would put the banner out and say that chitika isn’t effective. Net Business Blog owner Matt Coddlington said that monetizing your blog early will help you understand that it doesn’t go that easy.
Why not monetize? Well I think the single reason I can say people must need to understand is that they have to work their traffic first. In my experience when you’re traffic starts increasing then money wouldn’t be that hard. The problem when people start monetizing is that their focus shifts from acquiring a lot of traffic first to working so hard on monetizing. They keep on signing on different programs, work hard on ad placements, tweak their layouts to accommodate ads so they already forgot the need for traffic. I know you guys heard it already that you can’t focus on two things. You must always set your priorities and then do what should have been done.
I hope I made a point here. I’m not against monetizing new blogs. In fact you may see me work for monetizing this blog in few weeks or so. The key is always the traffic. In every income report of the famous John Chow you always see him stress in the last paragraph to drive truckloads of traffic first, before starting to explore monetization options. If you intend to monetize you’re blog early then just don’t expect too much. I know it’s hard to be patient but if you really want to reap the fruits of you’re blog then you must work well for it.
I think it’s like having sex. You don’t enjoy your partner if she’s just around 10-16 years old (tell me if you do). And you would certainly enjoy her when you do her on her peak which 18 years old onwards. Am I missing something?