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It's trial and error until we fine-tune the sites.
And I think blog audience is mostly other bloggers so chances to convert are not huge where the real money are made.
Cheers.
PS: We live in a blogosphere of freebies:)
It's trial and error until we fine-tune the sites.
And I think blog audience is mostly other bloggers so chances to convert are not huge where the real money are made.
Cheers.
PS: We live in a blogosphere of freebies:)
I just started a blog with a twist...maybe this would help subscription rates...
My blog is in format of a Private members only blog and forum. I am using it for the making money online niche where I will be coaching newbies how to get started making money online...
I use a squeeze page to capture the email addresses so I can let my member know when there is a new post on the blog and in that way keep the blog in their minds.
Would this be helpful for getting and keeping subscribers in reference to this discussion?
I am enjoying the blogging experience so far and thinking of opening another in future so interested in your feedback on this as was thinking of doing one that isn't private in future.
Take Care,
Veronica Routtu
“Success Begins When You Take the First Stepâ€
I just started a blog with a twist...maybe this would help subscription rates...
My blog is in format of a Private members only blog and forum. I am using it for the making money online niche where I will be coaching newbies how to get started making money online...
I use a squeeze page to capture the email addresses so I can let my member know when there is a new post on the blog and in that way keep the blog in their minds.
Would this be helpful for getting and keeping subscribers in reference to this discussion?
I am enjoying the blogging experience so far and thinking of opening another in future so interested in your feedback on this as was thinking of doing one that isn't private in future.
Take Care,
Veronica Routtu
“Success Begins When You Take the First Stepâ€
I'm afraid if people are blogging solely to make money, they're going to be sadly disappointed.
I'm afraid if people are blogging solely to make money, they're going to be sadly disappointed.
I rely on Search Engine traffic and those that visit my site do not subscribe to the RSS. They just bookmark. C'est la vie.
Cheers.
I rely on Search Engine traffic and those that visit my site do not subscribe to the RSS. They just bookmark. C'est la vie.
Cheers.
Having said that, non money making blogs seem to be growing. Particularly social network sites.
Perhaps there is a moral in this somewhere.
Having said that, non money making blogs seem to be growing. Particularly social network sites.
Perhaps there is a moral in this somewhere.
If you spend a day or less developing and promoting a site, you don't necessarily need to maximize these things.
I think that the typical subscription rate for blogs that look like blogs might be less than 1% of new traffic becoming subscribers, but I really want people to check their stats.
This is nothing to do with a decline in blogging, or whether A listers make money.
In many ways I would say that many A-listers are actually very bad at monetization and have a poor lead acquisition process.
If blogging is to be promoted as a core requirement for business of any kind, it has to be combined with a better measurable lead acquisition system.
If you spend a day or less developing and promoting a site, you don't necessarily need to maximize these things.
I think that the typical subscription rate for blogs that look like blogs might be less than 1% of new traffic becoming subscribers, but I really want people to check their stats.
This is nothing to do with a decline in blogging, or whether A listers make money.
In many ways I would say that many A-listers are actually very bad at monetization and have a poor lead acquisition process.
If blogging is to be promoted as a core requirement for business of any kind, it has to be combined with a better measurable lead acquisition system.
Since the "official" launch of my blog on Monday I am seeing a feed subscriber per new visitor rate of 19%. The overall numbers are pretty low - 282 new visitors v. 53 subscribers - but my content and the way I launched it were both pretty targeted (or at least tried to be). And I guess I have a novelty factor because I'm new so we'll see what the sub numbers are in a couple of weeks.
To improve feed subscriber rates I think you'd need to make it a n important component of your service. In keeping with your conclusions here's a list of some ways you could increase feed subscribers:
1. Run contests to promote feed subscription. Seems like it's hard to track who's subscribing though, even with content protection jujitsu. I have heard that the Feedvertising plugin might be helpful for this.
2. Make some of your high value content only available via the feed. When new visitors arrive they might be compelled to subscribe to see what they are missing.
3. Make a page that explains your feed and the benefits of subscribing. I imagine most people have no idea what that funny orange thing is on blog pages.
4. Promote yourself and your fabulous feed all over the place - No need to tell you how to do that one.
Since the "official" launch of my blog on Monday I am seeing a feed subscriber per new visitor rate of 19%. The overall numbers are pretty low - 282 new visitors v. 53 subscribers - but my content and the way I launched it were both pretty targeted (or at least tried to be). And I guess I have a novelty factor because I'm new so we'll see what the sub numbers are in a couple of weeks.
To improve feed subscriber rates I think you'd need to make it a n important component of your service. In keeping with your conclusions here's a list of some ways you could increase feed subscribers:
1. Run contests to promote feed subscription. Seems like it's hard to track who's subscribing though, even with content protection jujitsu. I have heard that the Feedvertising plugin might be helpful for this.
2. Make some of your high value content only available via the feed. When new visitors arrive they might be compelled to subscribe to see what they are missing.
3. Make a page that explains your feed and the benefits of subscribing. I imagine most people have no idea what that funny orange thing is on blog pages.
4. Promote yourself and your fabulous feed all over the place - No need to tell you how to do that one.
Zero.
What annoys me about all this is that my target audience probably isn't that computer literate. Some of them don't even know what a feed reader is, but they visit my blog on a regular basis. These types of readers though won't get counted towards my subscription numbers, which just sucks. One of the ways I've been trying to overcome this is to provide email subscription via Feedburner. Other than that, I'm at a loss on how I can actively work to boost my RSS subscriptions. *sigh*
Being able to do things like remove indexed links (due to 404 errors, etc.) and update your sitemaps, and other cool things will help with understanding your numbers, and getting them to increase as well.
Zero.
What annoys me about all this is that my target audience probably isn't that computer literate. Some of them don't even know what a feed reader is, but they visit my blog on a regular basis. These types of readers though won't get counted towards my subscription numbers, which just sucks. One of the ways I've been trying to overcome this is to provide email subscription via Feedburner. Other than that, I'm at a loss on how I can actively work to boost my RSS subscriptions. *sigh*
Being able to do things like remove indexed links (due to 404 errors, etc.) and update your sitemaps, and other cool things will help with understanding your numbers, and getting them to increase as well.
I think Andy may have mistyped in his post - 20,000/400 = 5000%. I'll take that sub rate any day.
I think Andy may have mistyped in his post - 20,000/400 = 5000%. I'll take that sub rate any day.
I don't see the correlation between lead acquisition as universal. Perhaps it is only limited to the meta-blogging or marketing or business niche. The number of subscribers you have definitely do not determine the repeat visitors, money or social news prominence for all types of blogs.
Let's take a few examples.
Celebrity blogs are traditionally weak when it comes to subscriber figures. Yet their repeat traffic dwarfs sites like Problogger, which may have a lot more subscribers. If you want to talk about income, they make more money too.
Social news prominence isn't really about subscribers too. If you are talking about Digg, Reddit or StumbleUpon (i.e. the social sites that matter) its mostly the same people submitting the same websites. How many times have you seen people like mklopez submit stuff from Download Squad and Lifehacker? Hundreds.
RSS subscribership has also nothing to do with SU traffic, particularly when it comes to humor sites. And then we'll have to take into account how big blogs go into cruise control once they reach a certain level of popularity. Social aggregators like Tailrank, Megite and Techmeme pounce and promote their material consistently.
I would only say that content quality is highly subjective. What you see is top quality stuff might be infinitely boring or incomprehensible to others (not that I'm saying it is).
We know you can get more traffic or attention by writing specifically for a certain crowd. As you've mentioned before in an earlier article, you could possibly have gotten a higher subscription rate if you wrote for a wider audience instead of those interested in technical and detailed analysis on specific topics, although that is truly your selling point. :)
I like the idea of treating the entire blog as a huge proposition, to build a list of supporters but then again... its not entirely necessary for the factors you've listed (income, repeat traffic and social media traffic).
I don't see the correlation between lead acquisition as universal. Perhaps it is only limited to the meta-blogging or marketing or business niche. The number of subscribers you have definitely do not determine the repeat visitors, money or social news prominence for all types of blogs.
Let's take a few examples.
Celebrity blogs are traditionally weak when it comes to subscriber figures. Yet their repeat traffic dwarfs sites like Problogger, which may have a lot more subscribers. If you want to talk about income, they make more money too.
Social news prominence isn't really about subscribers too. If you are talking about Digg, Reddit or StumbleUpon (i.e. the social sites that matter) its mostly the same people submitting the same websites. How many times have you seen people like mklopez submit stuff from Download Squad and Lifehacker? Hundreds.
RSS subscribership has also nothing to do with SU traffic, particularly when it comes to humor sites. And then we'll have to take into account how big blogs go into cruise control once they reach a certain level of popularity. Social aggregators like Tailrank, Megite and Techmeme pounce and promote their material consistently.
I would only say that content quality is highly subjective. What you see is top quality stuff might be infinitely boring or incomprehensible to others (not that I'm saying it is).
We know you can get more traffic or attention by writing specifically for a certain crowd. As you've mentioned before in an earlier article, you could possibly have gotten a higher subscription rate if you wrote for a wider audience instead of those interested in technical and detailed analysis on specific topics, although that is truly your selling point. :)
I like the idea of treating the entire blog as a huge proposition, to build a list of supporters but then again... its not entirely necessary for the factors you've listed (income, repeat traffic and social media traffic).
Bloggers value RSS, therefore those blogs that attract bloggers as readers base their success off RSS conversion rates.
As Maki said above, there are plenty of areas where the visitors aren't going to think about subscribing to a feed - "RSS what?" - but that sure isn't going to stop them having lots of interaction by users, not to mention sales and income opportunities.
I still don't use RSS Readers much, and I do tend to manually browse the sites themselves instead (more interesting that way), so even though I'm not a subscriber to many blogs, you could still sell effectively to me...if I weren't so sinnacle lol.
So as you say, it's not a problem with blogs themselves, just how particular niches measure success.
While we're on the subject, why not create a formula to take into account more factors than just subscribers, such as repeat visitor traffic, and comment to post view ratio?
Bloggers value RSS, therefore those blogs that attract bloggers as readers base their success off RSS conversion rates.
As Maki said above, there are plenty of areas where the visitors aren't going to think about subscribing to a feed - "RSS what?" - but that sure isn't going to stop them having lots of interaction by users, not to mention sales and income opportunities.
I still don't use RSS Readers much, and I do tend to manually browse the sites themselves instead (more interesting that way), so even though I'm not a subscriber to many blogs, you could still sell effectively to me...if I weren't so sinnacle lol.
So as you say, it's not a problem with blogs themselves, just how particular niches measure success.
While we're on the subject, why not create a formula to take into account more factors than just subscribers, such as repeat visitor traffic, and comment to post view ratio?
20000/400 gets you 5000, but that isn't a conversion rate. That's how many visitors it takes you to get a subscriber, so the subscriber rate is still 1/5000th or 2%.
Maki has a point :)
Btw, I have a 0.59% subscription rate, using Google Analytics. Though its data is somewhat low, the conversion rate should be similar. Some people subscribe to other feeds on my blog that I don't track, such as from their browser (ya know, the feed button on the browser) other feeds, etc, but it is indeed lower than the coveted ecommerce 3%.
I noticed that my subscribers come from places, where I have commented or where my posts were cited. Google traffic does get me some subscribers, but the long tail is pretty strong.
I could argue about the rate that my site design sucks and that I post once or twice per week, though.
P.S. In Opera, the right column is under the main body.
20000/400 gets you 5000, but that isn't a conversion rate. That's how many visitors it takes you to get a subscriber, so the subscriber rate is still 1/5000th or 2%.
Maki has a point :)
Btw, I have a 0.59% subscription rate, using Google Analytics. Though its data is somewhat low, the conversion rate should be similar. Some people subscribe to other feeds on my blog that I don't track, such as from their browser (ya know, the feed button on the browser) other feeds, etc, but it is indeed lower than the coveted ecommerce 3%.
I noticed that my subscribers come from places, where I have commented or where my posts were cited. Google traffic does get me some subscribers, but the long tail is pretty strong.
I could argue about the rate that my site design sucks and that I post once or twice per week, though.
P.S. In Opera, the right column is under the main body.
It's an old habit from knitblogging. I just bookmark on my mac or memorize the url and type them in. You're is easy to remember-- so is doshdosh, lordmatt etc. But heck, I remember more than that because once I get past the first 3 letters, my mac suggests the rest!
It's an old habit from knitblogging. I just bookmark on my mac or memorize the url and type them in. You're is easy to remember-- so is doshdosh, lordmatt etc. But heck, I remember more than that because once I get past the first 3 letters, my mac suggests the rest!
I read a lot. Never read that before. Blogging, like Andy said, is a content management system choice.
If blogging is on the decline it is mots certainly with the people another commentator wrote about who jumped into it looking at it like a biz opp and that it would be easy.
If blogging is on the decline, it is a good decline, like the housing market coming into line. There are still realtors making a killing out there and the housing industry isn't dead. It's just that the easy money people are leaving (bad mortgage brokers for instance) and the market is coming back in line with true demand and value and not the over-hyped, inflated values before the bubble burst.
Never thought blogging and the US housing market could be so closely related, lol.
On a final note - A-list bloggers were not chosen to be such by some governing internet blogging agency. They made themselves.
A successful blog is created with blood, sweat, and Red Bull. If you want to be an A-lister - do it if you have it in you. But never make the mistake that these guys had anything handed to them. That's precisely why they are on the list and you are not.
I read a lot. Never read that before. Blogging, like Andy said, is a content management system choice.
If blogging is on the decline it is mots certainly with the people another commentator wrote about who jumped into it looking at it like a biz opp and that it would be easy.
If blogging is on the decline, it is a good decline, like the housing market coming into line. There are still realtors making a killing out there and the housing industry isn't dead. It's just that the easy money people are leaving (bad mortgage brokers for instance) and the market is coming back in line with true demand and value and not the over-hyped, inflated values before the bubble burst.
Never thought blogging and the US housing market could be so closely related, lol.
On a final note - A-list bloggers were not chosen to be such by some governing internet blogging agency. They made themselves.
A successful blog is created with blood, sweat, and Red Bull. If you want to be an A-lister - do it if you have it in you. But never make the mistake that these guys had anything handed to them. That's precisely why they are on the list and you are not.
It's hard to sell anything to them since they already know a lot or already have the tools.
(After 2 years doing this internet stuff I may buy a product or a service every 6 months now.)
If your blog was more oriented to newbies, then yes, you could sell a lot more.
It's hard to sell anything to them since they already know a lot or already have the tools.
(After 2 years doing this internet stuff I may buy a product or a service every 6 months now.)
If your blog was more oriented to newbies, then yes, you could sell a lot more.
Now I'm really depressed :-)
Now I'm really depressed :-)
Yeah I agree, BlogCatalog is one of the good source of contacts and subscribers. But we gained a lot of traffic from StumbleUpon and other good social networks.
Yeah I agree, BlogCatalog is one of the good source of contacts and subscribers. But we gained a lot of traffic from StumbleUpon and other good social networks.
Like anything else, blogs have to be part of a toolkit. I agree that a 2% conversion rate is dismal. If mine were that low, I'd have to stop. But if you're blogging as part of a marketing system, and the entire system led to a 20% increase in sales overall, then perhaps that would make more of a difference. I always thought you were blogging for reasons other than earn from your blog or I'd say to set up the site differently. I'm interested to see the difference after your redesign.
Like anything else, blogs have to be part of a toolkit. I agree that a 2% conversion rate is dismal. If mine were that low, I'd have to stop. But if you're blogging as part of a marketing system, and the entire system led to a 20% increase in sales overall, then perhaps that would make more of a difference. I always thought you were blogging for reasons other than earn from your blog or I'd say to set up the site differently. I'm interested to see the difference after your redesign.
"If blogging is to be promoted as a core requirement for business of any kind, it has to be combined with a better measurable lead acquisition system." Agreed! A "business" needs a $$$ value in the metric. How much can I spend to acquire a new RSS subscriber? Is a RSS subscriber valuable more or less than an email subscriber or a regular Web visitor? Where does it fit in?
The problem starts with the fact that RSS-blog-feeds are a form of exactly duplicate content which can be retrieved more anonymously than the content of your Web page itself. Tracking this is horribly complicated or impossible because of aggregators.
Secondly one doesn't market in a targeted fashion to those RSS subscribers. Users that only read the RSS feed don't get any advertising at all, unless it is in the article.
Thirdly RSS subscription is anonymous.
All that said, doesn't that make an RSS subscriber less valuable than an email subscriber.
Somewhere you have to draw the line between what is anonymously accessibly, what is accessible for free and what information you are selling. Where is the big question? My 2 cents -- John
"If blogging is to be promoted as a core requirement for business of any kind, it has to be combined with a better measurable lead acquisition system." Agreed! A "business" needs a $$$ value in the metric. How much can I spend to acquire a new RSS subscriber? Is a RSS subscriber valuable more or less than an email subscriber or a regular Web visitor? Where does it fit in?
The problem starts with the fact that RSS-blog-feeds are a form of exactly duplicate content which can be retrieved more anonymously than the content of your Web page itself. Tracking this is horribly complicated or impossible because of aggregators.
Secondly one doesn't market in a targeted fashion to those RSS subscribers. Users that only read the RSS feed don't get any advertising at all, unless it is in the article.
Thirdly RSS subscription is anonymous.
All that said, doesn't that make an RSS subscriber less valuable than an email subscriber.
Somewhere you have to draw the line between what is anonymously accessibly, what is accessible for free and what information you are selling. Where is the big question? My 2 cents -- John
I will add a few notes rather than reply to each comment
1. Highly targeted warm traffic to a new site such as Andrew's local SEO blog received are bound to have a much higher subscription rate
2. Maki you are right that different niches have different subscription rates, but I am also sure that the traffic and links that a site offering email or rss subscription prominently receives compared to a 10 year old site which doesn't have those facilities is possibly several orders of magnitude more.
I think in the case of sites that are popular on Digg, they partially have people competing over submissions because they know that their submission will have a high chance of reaching the front page, because of the highly cultivated Digg audience on those sites.
There is definitely a tipping point in social media, and subscriber numbers who use a particular service play a large factor.
There is also a difference between not just how many subscribers, but who subscribes and possibly how they subscribe. If a top writer for a popular blog subscribes to you so they receive SMS alerts every time you breath, that is highly likely to get you more links and traffic than a bookmark.
3. Lucia I quite agree that in some niches people don't subscribe as often, unless you give them a real incentive to do so, though it might be wise to encourage email rather than RSS.
If you had access to email subscription rates for various knitting blogs, you would probably find a good correlation between possible income from the blog, and the number of subscribers of various types, even if 80% of regular visitors can't be tracked because they use bookmarks and blogroll links.
4. Tinu you are right that I have many reasons why I blog, but at the same time there is a lot of cross-over and new avenues have to be explored.
I do have an email subscription box on every page, but it isn't as obvious as it should be, can't effectively be tracked, and can't be effectively promoted with an incentive. (I don't class links at the bottom of a feed as being a good solution)
5. It is true that newbies are in many ways better targets for some forms of monetization, but more advanced users generally still buy goods and services.
I know some very advanced subscribers of this blog who have suggested in the past that I should promote more products that I find useful, because they would be interested in possibly buying them. They might well be already making the purchases with someone else's affiliate link.
6. RSS subscribers in general seem less responsive than email, and in many ways it is easier to build up an email list than a list of RSS subscribers.
Here are some additional links
Yaro finds email more responsive
http://www.entrepreneurs-journey.com/757/will-b...
Tamar is Pro choice
http://www.techipedia.com/2007/should-you-stop-...
The Bruce Clay email newsletter is something different to the blog
http://www.bruceclay.com/blog/archives/2007/09/...
Dawud questions the need
http://dmiracle.com/conversation/if-you-blog-do...
I will add a few notes rather than reply to each comment
1. Highly targeted warm traffic to a new site such as Andrew's local SEO blog received are bound to have a much higher subscription rate
2. Maki you are right that different niches have different subscription rates, but I am also sure that the traffic and links that a site offering email or rss subscription prominently receives compared to a 10 year old site which doesn't have those facilities is possibly several orders of magnitude more.
I think in the case of sites that are popular on Digg, they partially have people competing over submissions because they know that their submission will have a high chance of reaching the front page, because of the highly cultivated Digg audience on those sites.
There is definitely a tipping point in social media, and subscriber numbers who use a particular service play a large factor.
There is also a difference between not just how many subscribers, but who subscribes and possibly how they subscribe. If a top writer for a popular blog subscribes to you so they receive SMS alerts every time you breath, that is highly likely to get you more links and traffic than a bookmark.
3. Lucia I quite agree that in some niches people don't subscribe as often, unless you give them a real incentive to do so, though it might be wise to encourage email rather than RSS.
If you had access to email subscription rates for various knitting blogs, you would probably find a good correlation between possible income from the blog, and the number of subscribers of various types, even if 80% of regular visitors can't be tracked because they use bookmarks and blogroll links.
4. Tinu you are right that I have many reasons why I blog, but at the same time there is a lot of cross-over and new avenues have to be explored.
I do have an email subscription box on every page, but it isn't as obvious as it should be, can't effectively be tracked, and can't be effectively promoted with an incentive. (I don't class links at the bottom of a feed as being a good solution)
5. It is true that newbies are in many ways better targets for some forms of monetization, but more advanced users generally still buy goods and services.
I know some very advanced subscribers of this blog who have suggested in the past that I should promote more products that I find useful, because they would be interested in possibly buying them. They might well be already making the purchases with someone else's affiliate link.
6. RSS subscribers in general seem less responsive than email, and in many ways it is easier to build up an email list than a list of RSS subscribers.
Here are some additional links
Yaro finds email more responsive
http://www.entrepreneurs-journey.com/757/will-b...
Tamar is Pro choice
http://www.techipedia.com/2007/should-you-stop-...
The Bruce Clay email newsletter is something different to the blog
http://www.bruceclay.com/blog/archives/2007/09/...
Dawud questions the need
http://dmiracle.com/conversation/if-you-blog-do...
That is in reference to the autodiscovery feed link that appears in browsers, or can be picked up if you use a "subscribe" bookmarklet for the likes of Google Reader.
If that feed isn't redirecting to the feedburner feed, the blog owner set their blog up wrong and isn't using the Feedsmith plugin, or the Feedburner branding options.
It can make a difference in Bloglines, but there is a way in Bloglines to declare that yoursite/feed is the same as your feedburner feed.
That is in reference to the autodiscovery feed link that appears in browsers, or can be picked up if you use a "subscribe" bookmarklet for the likes of Google Reader.
If that feed isn't redirecting to the feedburner feed, the blog owner set their blog up wrong and isn't using the Feedsmith plugin, or the Feedburner branding options.
It can make a difference in Bloglines, but there is a way in Bloglines to declare that yoursite/feed is the same as your feedburner feed.
I think that's very well said. And, even if you do focus on a different niche, the statement proves true in most all blogs.
Great post!
I think that's very well said. And, even if you do focus on a different niche, the statement proves true in most all blogs.
Great post!
When I bookmark the blogs I use, I put them all in one folder...then when I get ready to do blog reading and posting I can open all the links at once and work my way thru each site and keep updated and involved on a regular basis.
Bookmarking just plain works better for me as someone who is a bit ADHD...lol
However if there is a topic I am watching for a response from etc, then I do tick the little box to notify me of followup comments so I can get back to it quicker if needed.
Veronica
When I bookmark the blogs I use, I put them all in one folder...then when I get ready to do blog reading and posting I can open all the links at once and work my way thru each site and keep updated and involved on a regular basis.
Bookmarking just plain works better for me as someone who is a bit ADHD...lol
However if there is a topic I am watching for a response from etc, then I do tick the little box to notify me of followup comments so I can get back to it quicker if needed.
Veronica
For once I totally disagree with you on something. In the past 14 days blogging has brought my company three leads valued at more then 5 figures in just initial contract value. We have yet to close them but they all are looking pretty good. Our company blog is less then 3 months old and have almost no readership so far. Our traffic comes from search results but we have targeted the Dallas Business Community as our readers not the SEO and Blogging world. We call the blog the Dallas Business Blog.
Additionally we landed Trump University as a client off my personal blog and one of my staff just landed a paid speaking engagement off of his personal blog.
For use blogging is quickly turning into our number one lead generation tool. I think it has a lot to do with your readers and how you target them. Your readers are people like me, I own an SEO and PR Firm and I am if anything your competitor. So getting leads is tough for you here. If you readers were business people that did not really know SEO and Blogging and you were speaking to them about their daily issues and blending blogging as a component by now you would probably have to hire a pretty big staff to handle your work load.
Jack Spirko
Franklin Spirko Media
Of course I get leads all the time for consulting work that I generally refuse because that ultimately is not my intended business model, at least at this stage.
You have a business funnel, and your blogs are attracting clients for your business, but there are always ways to improve the funnel so that you highlight the hot prospects for whatever service you offer, and can follow up with hot prospects first rather than the luke warm ones.
Different niches and methods of monetization mean that subscriber values can vary tremendously.
I doubt whether Techcrunch achieve more than $1 per subscriber, and that number would have been far less before their conference.
At the same time I have read that Agora publishing who are "competitors" in the information product market have around 1,000,000 subscribers, and are reputed to be a "$300M business" - that is from some of Rich Schefren's materials.
I am not sure whether that adds up to $300 per subscriber per year, but I dare say their monetization model for business information is better than Techcrunch's
That doesn't mean that Agora's business model would be effective for Techcrunch, because their prospects might be receptive in different ways.
For once I totally disagree with you on something. In the past 14 days blogging has brought my company three leads valued at more then 5 figures in just initial contract value. We have yet to close them but they all are looking pretty good. Our company blog is less then 3 months old and have almost no readership so far. Our traffic comes from search results but we have targeted the Dallas Business Community as our readers not the SEO and Blogging world. We call the blog the Dallas Business Blog.
Additionally we landed Trump University as a client off my personal blog and one of my staff just landed a paid speaking engagement off of his personal blog.
For use blogging is quickly turning into our number one lead generation tool. I think it has a lot to do with your readers and how you target them. Your readers are people like me, I own an SEO and PR Firm and I am if anything your competitor. So getting leads is tough for you here. If you readers were business people that did not really know SEO and Blogging and you were speaking to them about their daily issues and blending blogging as a component by now you would probably have to hire a pretty big staff to handle your work load.
Jack Spirko
Franklin Spirko Media
Of course I get leads all the time for consulting work that I generally refuse because that ultimately is not my intended business model, at least at this stage.
You have a business funnel, and your blogs are attracting clients for your business, but there are always ways to improve the funnel so that you highlight the hot prospects for whatever service you offer, and can follow up with hot prospects first rather than the luke warm ones.
Different niches and methods of monetization mean that subscriber values can vary tremendously.
I doubt whether Techcrunch achieve more than $1 per subscriber, and that number would have been far less before their conference.
At the same time I have read that Agora publishing who are "competitors" in the information product market have around 1,000,000 subscribers, and are reputed to be a "$300M business" - that is from some of Rich Schefren's materials.
I am not sure whether that adds up to $300 per subscriber per year, but I dare say their monetization model for business information is better than Techcrunch's
That doesn't mean that Agora's business model would be effective for Techcrunch, because their prospects might be receptive in different ways.
Couple clarifications needed:
1. I mentioned blogging is in decline because people who don't want to take the time to build a quality site, whether its a blog or not, quit. Blogging just happens to be the easiest way to create a website these days and people are glomming on to it by the millions, finding out success takes work, and go back to their day jobs considering what we do a scam - or worse - they blame an inanimate object like the code that runs a site (blog software) for their failure.
Notice how Andy said "blogging sucks." Knowing the value of a good title doesn't mean he truly thinks that the way he publishes online sucks because he'd be gone already. Why wouldn't this be his farewell post if he thought software was to blame?
Would you write differently or interact differently with your market simply because you were using Dreamweaver to publish instead of your blog?
You still have to connect with readers. The information still has to get out there on SOME platform.
2. People making comments about how social sites only have other bloggers on them, so why spend time on social marketing, are missing the point entirely. Being on the social sites gets you into the engines. The traffic you get from the ENGINES is largely outside the social networks where the heavy-duty geeks live. These are people looking for information you have and they have nothing to do with blogging, blogs, or social networks.
Whatever traffic you do skim off the network itself that produces for you, great. But don't discount the fact that your main site plus several of your satellite blogs and profiles from social sites should also be getting into the SERPS and bolstering your link popularity and traffic.
3. I wanted to support Andy's position here, but I think it's important to point out that a lot of comments here are tending toward the gloom and doom side and can be seen as very short sighted when it comes to the power of blogging.
So my position is: Blogging as a traffic generation and sales tool doesn't suck. Blogs are a way of communicating on the web like any other website platform. If you suck at communicating, testing your conversation and driving traffic in a profitable direction from your content, then switching to another publishing platform isn't going to help at all.
Couple clarifications needed:
1. I mentioned blogging is in decline because people who don't want to take the time to build a quality site, whether its a blog or not, quit. Blogging just happens to be the easiest way to create a website these days and people are glomming on to it by the millions, finding out success takes work, and go back to their day jobs considering what we do a scam - or worse - they blame an inanimate object like the code that runs a site (blog software) for their failure.
Notice how Andy said "blogging sucks." Knowing the value of a good title doesn't mean he truly thinks that the way he publishes online sucks because he'd be gone already. Why wouldn't this be his farewell post if he thought software was to blame?
Would you write differently or interact differently with your market simply because you were using Dreamweaver to publish instead of your blog?
You still have to connect with readers. The information still has to get out there on SOME platform.
2. People making comments about how social sites only have other bloggers on them, so why spend time on social marketing, are missing the point entirely. Being on the social sites gets you into the engines. The traffic you get from the ENGINES is largely outside the social networks where the heavy-duty geeks live. These are people looking for information you have and they have nothing to do with blogging, blogs, or social networks.
Whatever traffic you do skim off the network itself that produces for you, great. But don't discount the fact that your main site plus several of your satellite blogs and profiles from social sites should also be getting into the SERPS and bolstering your link popularity and traffic.
3. I wanted to support Andy's position here, but I think it's important to point out that a lot of comments here are tending toward the gloom and doom side and can be seen as very short sighted when it comes to the power of blogging.
So my position is: Blogging as a traffic generation and sales tool doesn't suck. Blogs are a way of communicating on the web like any other website platform. If you suck at communicating, testing your conversation and driving traffic in a profitable direction from your content, then switching to another publishing platform isn't going to help at all.
Your post confirms to me that I am going about this the right way and not wasting time trying to get people to come to my blog or site or to convert or buy something... it's just another tool on the bench and Like every tool, how you operate it makes all the difference in the world...
but a damn nice tool you have to admit. (like a web site... how great is that? I've had mine for almost 8 years now, it's not perfect but the product is and our customers are the best hand's down. we get great customers....
In addition, I find that we are the first or second listing (not pages but listing) of Many search words on google. Seems we would get more hit's being the first listing but in my world, it's just not that way.? (1 or 2% search hits and 98% direct hits)
I agree with the guy who compared blogging to the real estate market but tend to think of it more like the gold rush... people think it's going to be easy money and "some small %, the first to the table" make the easy money but the rest find easy money isn't really all that easy and lol, there is rarely "any" money in easy money. (from my experience)
but in blogging world (and the Internet in general) for a few bucks, pretty much anyone can be an entrepreneur and live the all American dream! kicking back in your bathrobe clicking the pay pal I Accept payment button while on your yacht or private jet of in the comfort of your luxury home...pool side. like an interactive lottery ticket:)
(is that still the American dream or has it changed?)
Your post confirms to me that I am going about this the right way and not wasting time trying to get people to come to my blog or site or to convert or buy something... it's just another tool on the bench and Like every tool, how you operate it makes all the difference in the world...
but a damn nice tool you have to admit. (like a web site... how great is that? I've had mine for almost 8 years now, it's not perfect but the product is and our customers are the best hand's down. we get great customers....
In addition, I find that we are the first or second listing (not pages but listing) of Many search words on google. Seems we would get more hit's being the first listing but in my world, it's just not that way.? (1 or 2% search hits and 98% direct hits)
I agree with the guy who compared blogging to the real estate market but tend to think of it more like the gold rush... people think it's going to be easy money and "some small %, the first to the table" make the easy money but the rest find easy money isn't really all that easy and lol, there is rarely "any" money in easy money. (from my experience)
but in blogging world (and the Internet in general) for a few bucks, pretty much anyone can be an entrepreneur and live the all American dream! kicking back in your bathrobe clicking the pay pal I Accept payment button while on your yacht or private jet of in the comfort of your luxury home...pool side. like an interactive lottery ticket:)
(is that still the American dream or has it changed?)
Your post confirms to me that I am going about this the right way and not wasting time trying to get people to come to my blog or site or to convert or buy something... it's just another tool on the bench and like any tool, how you operate it makes all the difference in the world.
but a damn nice tool you have to admit. (like a web site... how great is that?) I've had mine for almost 8 years now, it's not perfect but the product is and our customers are the best hand's down. we get great customers....
In addition, (on the web site) I find that we are the first or second listing (not pages but listing) of Many search words on google. Seems we would get more hit's being the first listing but in my world, it's just not that way.?
I agree with the guy who compared blogging to the real estate market but tend to think of it more like the gold rush... people think it's going to be easy money and "some small %, the first to the table" make the easy money but the rest find easy money isn't really all that easy and lol, there is rarely "any" money in easy money. (from my experience)
but in blogging world (and the Internet in general) for a few bucks, pretty much anyone can be an entrepreneur and live the all American dream! kicking back in your bathrobe clicking the pay pal I Accept payment button while on your yacht or private jet of in the comfort of your luxury home...pool side.
(is that still the American dream or has it changed?)
Like an interactive lotto ticket.
Your post confirms to me that I am going about this the right way and not wasting time trying to get people to come to my blog or site or to convert or buy something... it's just another tool on the bench and like any tool, how you operate it makes all the difference in the world.
but a damn nice tool you have to admit. (like a web site... how great is that?) I've had mine for almost 8 years now, it's not perfect but the product is and our customers are the best hand's down. we get great customers....
In addition, (on the web site) I find that we are the first or second listing (not pages but listing) of Many search words on google. Seems we would get more hit's being the first listing but in my world, it's just not that way.?
I agree with the guy who compared blogging to the real estate market but tend to think of it more like the gold rush... people think it's going to be easy money and "some small %, the first to the table" make the easy money but the rest find easy money isn't really all that easy and lol, there is rarely "any" money in easy money. (from my experience)
but in blogging world (and the Internet in general) for a few bucks, pretty much anyone can be an entrepreneur and live the all American dream! kicking back in your bathrobe clicking the pay pal I Accept payment button while on your yacht or private jet of in the comfort of your luxury home...pool side.
(is that still the American dream or has it changed?)
Like an interactive lotto ticket.
When you start to manage a few blogs it gets really complicated content-wise.
Or is it just me?
When you start to manage a few blogs it gets really complicated content-wise.
Or is it just me?
I wonder how much of what you say has to do with how conditioned (or trained) blog visitors are to subscribing to an RSS feed or through a regular optin box? I'm sure this ties in closely with who the target market is.
The only reason why someone should subscribe to your RSS feed is to be kept updated about your blog right? If they don't know how to do this or are just surfing around, it's not going to happen.
If this reason for subscribing isn't strong enough who's going to bother?
My question is... can RSS subscription be incentivised so people get more then just updates on when you post something new to your blog? How about an exit grabbing popin window that asks people to subscribe to your blog feed before they leave?
I don't see any reason why a Blog can't work as a sales tool that's used to help establish you as an expert.
If your blog is focused on driving people to your direct response websites (or squeeze pages) there's no reason why this can't work. I think it's when you give people reasons to leave your blog (aka Adsense and social networking gadgets) that you lose more than you gain.
Blogs only suck if you set them up in opposition to what it is you want them to acheive.
There are ways to offer an incentive for RSS subscription, but XML feeds are open in nature, so freeloaders will still be able to access whatever you offer.
I wonder how much of what you say has to do with how conditioned (or trained) blog visitors are to subscribing to an RSS feed or through a regular optin box? I'm sure this ties in closely with who the target market is.
The only reason why someone should subscribe to your RSS feed is to be kept updated about your blog right? If they don't know how to do this or are just surfing around, it's not going to happen.
If this reason for subscribing isn't strong enough who's going to bother?
My question is... can RSS subscription be incentivised so people get more then just updates on when you post something new to your blog? How about an exit grabbing popin window that asks people to subscribe to your blog feed before they leave?
I don't see any reason why a Blog can't work as a sales tool that's used to help establish you as an expert.
If your blog is focused on driving people to your direct response websites (or squeeze pages) there's no reason why this can't work. I think it's when you give people reasons to leave your blog (aka Adsense and social networking gadgets) that you lose more than you gain.
Blogs only suck if you set them up in opposition to what it is you want them to acheive.
There are ways to offer an incentive for RSS subscription, but XML feeds are open in nature, so freeloaders will still be able to access whatever you offer.
Thought provoking post, but really Jack Spirko has it right on.
Weblogs are not necessarily a profit center in themselves.
And Jack Humphrey is right - a good weblog is a lot of work. Not many people want to do that much work.
Not everybody is a gifted writer or communicator.
On the other hand, in the hands of a gifted writer or communicator, a weblog can be the alchemist's stone. Or a great gathering of culture and thought.
Both are worthwhile enterprises. Stop thinking about the money all the time.
Thought provoking post, but really Jack Spirko has it right on.
Weblogs are not necessarily a profit center in themselves.
And Jack Humphrey is right - a good weblog is a lot of work. Not many people want to do that much work.
Not everybody is a gifted writer or communicator.
On the other hand, in the hands of a gifted writer or communicator, a weblog can be the alchemist's stone. Or a great gathering of culture and thought.
Both are worthwhile enterprises. Stop thinking about the money all the time.
My blog is a month old. Just today I was telling my partner that we hadn't gotten even one sign up for our list yet. Coincidently two people signed up today. That would be a .34% conversion rate. Seeing your numbers give me a conversion rate to shoot for. (my first metric - yipee)
My blog is a month old. Just today I was telling my partner that we hadn't gotten even one sign up for our list yet. Coincidently two people signed up today. That would be a .34% conversion rate. Seeing your numbers give me a conversion rate to shoot for. (my first metric - yipee)
href="http://mama.indstate.edu/users/bones/WhyIHateWebLogs.html">
you are all massive tools.
Look at your comments. fits each exact profile.
Seriously, by writing this article, you are just obeying idiocy.
Now why dont you just keep masturbating into your sock, and let the real media do its job.
href="http://mama.indstate.edu/users/bones/WhyIHateWebLogs.html">
you are all massive tools.
Look at your comments. fits each exact profile.
Seriously, by writing this article, you are just obeying idiocy.
Now why dont you just keep masturbating into your sock, and let the real media do its job.