Comments on: Is Blogging the Path to Wealth?

By: Money Infant

Money Infant — Mon, 27 Feb 2012 01:18:13 +0000

Blogging is definitely not a path to getting rich quickly, but it can be very rewarding. Great content is the foundation of any blog, but to make money blogging requires much more than just great content. I wonder if any of the great writers would be famous these days if they were blogging without promotion (Dickens, Hemingway, Swift, Twain, etc)?

By: BusyExecutiveMoneyBlog

BusyExecutiveMoneyBlog — Mon, 27 Feb 2012 00:33:43 +0000

Excellent summary! I am even shorter in duration than that, so not worried about a big traffic stream yet. Got to build content first so I’m focusing on quality posts on a frequent basis.

By: Money Infant

Money Infant — Sun, 26 Feb 2012 23:40:35 +0000

6 weeks isn’t long at all Scot. You will continue to see variance like that for some time. Part of it is your site dancing around in Google’s index. This is much more common for new sites. And part of it is because most of your traffic is likely from one or two sources (articles, commenting, social media, etc). Time takes care of both of these problems, but in my experience it could take as long as 1 year before your daily traffic smooths out.

By: Savvy Scot

Savvy Scot — Sun, 26 Feb 2012 18:19:25 +0000

The Patience part is especially hard when you see mixed results. I have been blogging for about 6 weeks now and I have seen my daily visits vary considerably. This is really frustrating… Has anyone had or still has similar experiences?

By: Money Infant

Money Infant — Sun, 26 Feb 2012 02:49:19 +0000

You should spend some time reading, bu the majority of your time should be doing and testing. Social media takes a lot of work, as do link building and creating great content for your own site. With a limited amount of time at your disposal you’ll have to decide to what degree you use each traffic building method.

The directories aren’t for traffic anymore. Once long ago you might get traffic from directories. Today they are really only useful for link diversity and a small bit of authority. I still submit to them, but I don’t do it myself, it is outsourced. There are so many other places to get links besides the directories and the goal with link building is to eventually generate traffic from the search engines.

By: Poor Student

Poor Student — Sat, 25 Feb 2012 17:45:24 +0000

I read every article I can find on the topic of making money blogging. Perhaps that time would be better used doing some of the things I read to do. I have found that social media has not been worth it so far. I do not and likely will not get Twitter, but on Facebook I have 8 followers and I think 4 are in my family.

I also put my blog in every free blog directory I could when I started and I think I have received 2 visitors from them. The majority of my traffic comes when I am one of the early comments on posts of the big blogs like The Simple Dollar.

By: Money Infant

Money Infant — Sat, 25 Feb 2012 17:04:11 +0000

Oh, I’m not anti-Adsense. They have been sending me monthly deposits for several years now. I just don’t think that in many niche’s (not necessarily the PF niche) there are better ways to monetize than Adsense. Affiliate revenue and your own product being at the top of that list.

By: Echo

Echo — Sat, 25 Feb 2012 15:58:19 +0000

I’m not sure I agree with your assessment of the AdSense program. The bulk of our earnings (at least 60%) comes from AdSense, and I’m sure this is the case for most of the top pf blogs out there.

Text links can be a good source of income when you’re first starting out, but it’s probably not a good idea to rely on these for the long term.

I think there should be a natural progression to replace text link revenue with AdSense and Affiliate revenue (and CPM ads, if you have enough traffic) after the first 18 months or so of blogging. If you haven’t figured out how to make money with AdSense and Affiliates by then, you probably never will.

By: Money Infant

Money Infant — Thu, 23 Feb 2012 11:10:08 +0000

Thanks so much for the compliment. It means a lot to me coming from The Dividend Ninja!

By: The Dividend Ninja

The Dividend Ninja — Thu, 23 Feb 2012 07:18:56 +0000

Steve, WOW this post is fantastic, and so in depth!! Great job, and thanks for the mention

Cheers
The Dividend Ninja