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Monetization Super Panel: John Chow Ad-Free Blog But Still Make Money!

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In this two hour super-session, monetization experts offered the secrets of their success! Led by Jim Kukral, the speakers included Anita Campbell, Darren Rowse, Jeremy Schoemaker, and John Chow.

John Chow showed us how to have an ad-free blog but still make money!

He started off by giving us a glimpse at the Average Blog Business Model:

  • Produce content. Add Google AdSense
  • This business model doesn’t work
  • It requires too much traffic
  • The ad rates are too low

The main issue – when someone clicks on an ad, they leave your blog!

John’s Ultimate Blog Profit Model that he uses on JohnChow.com:

  • Capture the lead!  Get the email first and foremost (RSS, Twitter, Facebook are secondary).  Get leads with free incentives and start the list from day one.  John obtains leads by collecting newsletter subscribers and encouraging people to purchase his Free Ebook via a one-time Lightbox Popup and the Ultimate Footer Ad.
  • Build the relationship.  Have an automatic auto responder and then set up a series of emails to send out as a tie in to your free incentive.  Establish trust by building yourself as an authority.
  • Put the lead through a sales funnel.  Find targeted products to recommend (could be your own products or affiliate products) … but recommend … DON’T SELL!

Monetization Super Panel: Jeremy Schoemaker Shares His Strategies

Author:

In this two hour super-session, monetization experts offered the secrets of their success! Led by Jim Kukral, the speakers included Anita Campbell, Darren Rowse, Jeremy Schoemaker, and John Chow.

Jeremy Schoemaker (ShoeMoney.com) provided us with details on how he began making money and grew his income to over a million dollars annually.

Getting Started:

  • Don’t Expect to Make Money!
  • What’s Your Passion?
  • Focus on Building Your Content!
  • You Don’t Need Google!
  • Don’t Kill Your Site Before it Starts!

John says that he thinks his success is due to his connection with his audience by being open about his personal life!

Ways to Monetize:

  • Contextual Ads: Use Adsense as a starting point
  • Donations: Many people ask for/accept donations for hosting, etc.
  • Subscriptions: He collects emails and provides premium content/videos
  • Physical Goods: Selling products, books, e-books, etc.
  • Affiliate Marketing: Jeremy uses Amazon for any book/video links and a variety of other affiliates depending on the topic or email.
  • Direct Ad Sales: How do you determine a price for your ads? Jeremy says to start off by just charging $1! Nobody wants to be the first advertiser. If a site already has advertising, others are more apt to join. If you know who your target advertiser should be – just grab their banner as an affiliate marketing link.
  • Text Links and Paid Posts

ShoeMoney.com Income:

  • 30% Direct Ad Sales
  • 50% Affiliate Commissions
  • 20% Misc

Jeremy’s blog income for 2010 (as of October 1st) 1,832,342.23!!

Recommendations:

  • Prepare a media kit
  • Make it easy for advertisers to contact you
  • Follow up with everyone who is interested in advertising
  • Provide as many sizes and pricing as you can handle!

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