The post Can You REALLY Make Money Blogging? 7 Things I Know About Making Money from Blogging appeared first on ProBlogger.

Ever wondered if tapping away at your keyboard can really pay the bills?

• Is it really possible to make a living from blogging?
• Is it just a small number of people making money from blogging?
• Is it only really possible to make money blogging if you write about the topic of making money blogging?
• If it is really possible to make money blogging, how likely is it that you’ll succeed?

Let’s cut through the noise. With a swirl of myths and a sprinkle of truth, the blogging world is ripe with tales of riches and rumors of impossibility.

On one hand, we see hype on the topic. Periodically someone will claim to be able to make millions from blogging quickly. These claims are usually accompanied with the release of a product or service (i.e. they are marketing spin).

On the other hand, I periodically see people writing about how it is impossible to make money blogging (or that anyone claiming to be full time is either a scammer, a liar, or is selling something on the topic of making money online).

The reality is somewhere between these two extremes.

I’ve been in the game long enough to tell you: Yes, you can make money blogging. And no, it’s not just for the “make money online” gurus.

From personal hobby to full-time income, I’ve seen it all. Fashion, food, travel—you name it, bloggers are cashing in. But here’s the straight talk: it’s no overnight success story. It takes grit, creativity, and a bit of blogging savvy.

Ready to transform your blog from a digital diary into a moneymaker? Your blogging breakthrough starts now.

7 Things I know about making money from blogging

1. It is possible

I’ve been blogging for just under ten years and for nine of those I’ve been making money blogging. It started out as just a few dollars a day but in time it gradually grew to becoming the equivalent of a part-time job, then a full-time job, and more recently into a business that employs others.

I used to talk about the specific levels of my earnings when I started ProBlogger but felt increasingly uncomfortable about doing so (it felt a little voyeuristic and a little like a big-headed boasting exercise and I didn’t really see the point in continuing to do it)— but my income has continued to grow each year since I began.

On some levels I was at the right place at the right time—I got into blogging early (in 2002 … although I felt I was late to it at the time) and have been fortunate enough to have started blogs at opportune times on the topics I write about.

However I know of quite a few other bloggers who make a living from blogging, many of whom have not been blogging anywhere near as long as I have.

For some it is a hobby that keeps them in coffee; for others it is the equivalent of a part time job/supplementing other income from “real jobs” or helping their family out as they attend to other commitments (raising a family). For others it is a full-time thing.

I’ll give you some examples below but you might also like to check out my How to Make Money Blogging Tutorial too.

2. There is no Single way to Make Money from Blogs

Recently at our Melbourne ProBlogger event I featured numerous Australian bloggers in our speaker lineup who fit somewhere in the part-time to full-time spectrum. They included:

• Nicole Avery (Parenting/Organization Blog)
• Jules Clancy (Food Blog)
• Nikki Parkinson (Fashion Blog)
• Mrs Woog (‘Life’ Blog)
• Gavin Aung Than (Cartoon Blog)
• Cintia Gonzalez (Craft Blog)
• Christina Butcher (Hair Blog)
• Caz and Craig Makepeace (Travel Blog)
• Nathalie Brown (Child Behaviour Blog)

The year before, we had others, including:

• Lucy Feagins (Design Blog)
• Emma Merkas (Dating Blog)
• Chris Hunter (Motorbike Blog)
• Phoebe Montague (Fashion Blog)

Most of these bloggers are full-time (or well on the way to being full-time bloggers). They come from a wide array of niches and all monetize quite differently—doing everything from selling advertising, to having membership areas, to selling ebooks, to running affiliate promotions, to promoting their offline businesses, to selling themselves as speakers, to having book deals, and so on. Many have a combination of different income streams.

They are all also Australian, and are just the tip of the iceberg in terms of what is happening here in Australia—the same thing is being replicated around the globe.

There are many ways to monetize a blog. To give you a quick sense of the many methods check out this “money map” I created a year or so back, which outlines just some that I brainstormed (click to enlarge).

I also recorded this free hour-and-twenty-minute webinar giving an introduction to the topic.

3. There are no Formulas

From time to time, people have released products that claim to be formulas for success when it comes to making money online. They outline steps to follow to “guarantee” you’ll make money.

In my experience there is no formula.

Each full-time blogger I’ve met in the last ten years has forged their own path and has a unique story to tell. They have often acted on hunches and made surprising discoveries along the way.

There are certainly similarities in many of the stories but each blogger has their own personality and style, each one is reaching a different audience, and each niche tends to monetize differently.

The key lesson is to be aware of what others are doing and to learn what you can from each other, but to also be willing to forge your own path as well!

4. Many Niches Monetize

One common critique of the topic of monetizing of blogs is that the only people making money from blogging are the ones writing about how to make money blogging.

This is simply not true.

In the above list of speakers from our Melbourne event you’ll notice I included topic/niche of each blogger. None sell products teaching others to make money blogging—all are on blogging on “normal,” every-day topics.

My own experience of having a blog about blogging (ProBlogger) and a blog about Photography is that it is my photography blog that is by far the most profitable blog (I’d estimate it’s ten times more profitable).

I’ve interviewed numerous full-time bloggers of late in a webinar series including:

• Sarah Wilson
• Tsh Oxenreider
• Ana White

Interestingly, none of them make money by teaching others to make money online. Sarah largely blogs about health and wellbeing, Tsh blogs about simple living, and Ana blogs about woodwork.

5. Most bloggers don’t make a full-time living from Blogging

Every time I’ve surveyed readers of ProBlogger about their earnings, we’ve seen that those making money from blogging are in the minority.

In a recent survey of 1500 ProBlogger readers we asked about their monthly earnings. What you’re seeing below is the spread of earnings from readers who are attempting to make money blogging (note: not all ProBlogger readers attempt to make money, so not all are included in these results).

Keep in mind that ProBlogger readers are generally newish bloggers—about half of those who took this survey had been blogging for less than two years.

So of those trying to make money blogging, 10% don’t make anything and 28% are making less than 30 cents per day. A total of 63% make less than $3.50 per day.

Let’s be clear—most bloggers who are attempting to make money are not making a living from blogging.

Having said that, of the 1508 bloggers surveyed 65 (4%) are making over $10,000 per month (over six figures per year) and a further 9% were doing over $1000 per month (which is at least a part-time level of income).

My feeling, having been attending blogging conferences for six or so years now, is that the number of full-time bloggers is on the rise, and there are actually quite a few more people now at least making the equivalent of a couple of days’ work a week in income from their blogs.

However, most bloggers don’t make much.

6. It takes time to Build

When I dig down into the stats from the survey on income levels above, and do some analysis of those who are in the top income bracket, it is fascinating to look at how long they’ve been blogging.

85% of those in that top income bracket have been blogging for four years or more. Almost all of the others had been blogging for three or four years.

This certainly was my own experience. I blogged for a year without making money and once I started monetizing it was around two years of gradual increases before I approached a full-time income level. It would have been four years before I joined that top bracket of income (over $10,000 per month).

Blogging for money is not a get-rich-quick thing. It takes time to build an audience, to build a brand, and to build trust and a good reputation.

And of course even with four or five years of blogging behind you, there’s no guarantee of a decent income.

7. It takes a lot of Work

Longevity is not the only key to a profitable blog. The other common factor that I’ve noticed in most full-time bloggers is that they are people of action.

Passivity and blogging don’t tend to go hand in hand.

Blogging as “passive income stream” is another theme that we hear in many make-money-blogging products, however it is far from my own experience.

I’ve worked harder on my business over the last ten years than I’ve worked on anything in my life before this. It is often fun and gives me energy, but it takes considerable work to create content on a daily basis, to keep abreast of what’s going on in the community, to monitor the business side of things, to create products to sell, to build an audience, and so on.

The four main areas to focus upon in building profitable blogs are (click each for further reading):

1. Creating Great Blog Content
2. Finding Readers for Your Blog
3. Building Community on Your Blog
4. Making Money/Monetizing Your Blog

The key is to build blogs that matter to people, that are original, interesting, and helpful. But this doesn’t just happen—it takes a lot of work.

Note: the other major factor is starting. It might sound obvious but I’m amazed how many people I meet have ‘dreams’ for starting a blog but never do it! Here’s how to start a blog (do it today)!

Conclusions

Yes, it is possible to make money blogging. There is an ever-increasing number of people making money from blogging at a part-time to full-time level —however they are still in the minority.

Those who do make a living from blogging come from a wide range of niches, however one of the most common factors between them is that they’ve been at it for a long while.

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Each week here at ProBlogger we publish numerous articles and tutorials on building great blogs.

Our articles and tutorials focus upon the four key areas mentioned above (creating great content, finding readers, building reader engagement, monetization strategies) as well as some of the technical side of running a great blog.

Each week we send a summary of our best new articles in our ProBloggerPLUS newsletter as part of our free Membership – you’re able to unsubscribe any time you wish.

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The post Can You REALLY Make Money Blogging? 7 Things I Know About Making Money from Blogging appeared first on ProBlogger.

     

The post How to Make $30,000 a year Blogging appeared first on ProBlogger.

Ever dreamt of making a living through blogging but feel overwhelmed by the journey ahead?

You’re not alone. Many aspiring bloggers share the ambition of turning their passion into a full-time job, yet the path to achieving this goal often seems daunting.

The Dream of Full-Time Blogging

Last night I was chatting with a blogger who was feeling completely overwhelmed with their goal of making a living from blogging.

I asked them how much they wanted to make from blogging.

They responded that they wanted to be a full time blogger.

I pushed them for a figure – what does ‘full time’ mean for you?

They thought for a moment and said that they could live off $30,000 USD a year (note: they wouldn’t have minded earning more but would be able to quit their current job at this kind of rate).

$30,000 a year sounds like a lot to make from a blog – especially when you’re starting out and are yet to make a dollar. To this blogger it seemed so overwhelming that she had almost convinced herself that it was not possible.

Transforming Overwhelm into Action

If you’re in a similar boat, feeling like you’ve hit a wall in your blogging journey, here are three pivotal steps to help you navigate through:

1. Don’t Give Up Your Day Job…. Yet

Earning $30,000 a year from blogging is achievable, but it demands patience and realism. Overnight success is rare in the blogging world. Maintaining your current job while gradually building your blog ensures financial stability and allows you to invest in your blog without immediate pressure for returns.

2. Set Clear, Specific Goals

Saying that you want to be full time as a blogger is a great goal – but it’s not really specific enough. This is why I wanted the blogger I was chatting with to name a figure. For her full time was $30,000 – for others it could be more or less – the amount is not the point, the point is that you need something more concrete to work towards so that you’re able to measure where you’re at.

For me when I decided I want to go full time as a blogger I decided that I wanted to aim for $50,000 (Aussie Dollars) in a year as the bench mark (at that time $50,000 was around 36,000 USD). That’s around what I would have been earning in my current main job if I had been doing that full time (I was actually working a number of part time jobs at the time as well as studying part time).

Knowing what I was aiming for helped me in a number of ways when it came to getting to that goal.

3. Break  Down Your Goals into Something More Achievable

$30,000 USD still sounds big when you’re a new blogger – and in some ways it is. However there are different ways of thinking about that figure. Lets break it down in the way that I used to look at my target.

• $30,000 a year = $576.92 per week
• $30,000 a year = $82.19 a day
• $30,000 a year = $3.42 an hour

We could break it down on a monthly or on a minute by minute basis if we wanted to (in fact I did do it by minute from time to time for fun) – but the exercise is really about helping you to see that perhaps your big goal is a little more achievable if you are to break it down. Making $82.19 somehow seems a little bit easier to me than making $30,000 (or is that just me?). Viewing your goal through these smaller lenses can make it appear more attainable and manageable.

OK – the other way that I used to break down my goal that I found really helpful to me was to do it based upon what I need to achieve to meet that target. For me I would usually look at the daily figure – in this case $82.19.

What do I need to do to make $82.19 a day ($30,000 a year)?

Well there’s a number of ways that much. Lets look at a few:

• CPC Ads – lets say we’re running mainly AdSense on our blog and that the average click is paying 5 cents. That equates to 1643 clicks on AdSense ads (note: AdSense also runs CPM ads so it’s not quite as simple as saying you need 1643 clicks… but to keep this simple lets just go with that).
• CPM Ads – lets say that we’re running CPM ads on our blog and we’re being paid $2 CPM per ad unit and we had 3 ads on each page (which is effectively $6 CPM per page). This would mean we’d need 13,000 page impressions.
• Monthly Sponsorships – one way to sell ads directly to advertisers is to sell ads on a month by month basis as a sponsorship. To make $30k in a year you need to sell $2500 a month in ads. You might have 6 ad spots on your blog so this is 6 advertisers at $416.66 per advertiser per month.
• Low Commission Affiliate Products – Lets say we were promoting affiliate products from a site like Amazon and your commissions were on average about 40 cents per sale. To earn $82.19 you’d need to sell 205 products.
• High Commission Affiliate Products – In this case you might be promoting ebooks and earning $8 a copy (that’s what you’d earn selling my 31DBBB ebook per commission). The math is simple on this one – you’d had to sell around 10 e-books a day.
• Really Big Commission Affiliate Products – of course e-books are not the biggest product out there to promote – there are products like training courses where you can earn hundreds per sale. Lets take one that might pay out $300 for a yearly membership on a bigger product. In this case you need to sell 8 of these per month.
• Selling Your Own E-book – got your own product, perhaps an e-book, to sell from your blog? At $19.95 a sale you need to sell just over 4 of these a day. You can do the sums on cheaper or more expensive products.

Of course there are many many other ways to make money from blogs. Subscriptions, donations, paid reviews, selling yourself as a consultant….. etc. You can do the sums for yourself on your own model.

I know that some of the above figures still sound out of reach for bloggers – 1643 clicks on your AdSense ads sounds massive to a new blogger…. and it is – but do keep in mind that you can combine some of the above (in fact I’d recommend you diversify your income).

You might run 2 ad networks on your site, promote Amazon affiliates, sell your own e-book and promote someone’s membership course.

Reflecting on Income Streams

When I first aimed for a full-time blogging income, I diversified my revenue through a mix of AdSense, Chitika, direct ad sales, Amazon affiliate sales, and other commissions. It took over two years of dedicated blogging to reach my goal of $50,000 AUD annually and for me at that time my income mix looked a like this (going from memory here):

• AdSense: $35
• Chitika: $20
• Private Ad Sales: $20
• Amazon: $15
• Other Affiliate Commissions: $10

Note: I didn’t achieve this milestone until I’d been blogging for over 2 years (I blogged for the first year without trying to make money).

Embracing the Journey

This didn’t happen over night (let me emphasize this – blogging for money is neither quick nor is it easy money) but I really found that breaking things down into more bite sized pieces helped me to stay motivated but also helped me to identify what I needed to work on in order to reach my goals (and for me to quite my day job). Remember, persistence and a strategic approach are key.

Again – don’t quit your day job yet (in fact you may not want to quit it even when you reach your goal – it can be good to have a back up plan) but do work hard at being specific about your blogging goals and attempt to break it down in a way that helps you move towards them.

Remember: Blogging is a marathon, not a sprint. By setting clear goals, breaking them down into achievable targets, and diversifying your income sources, you can build a blog that not only fulfills your passion but also provides a sustainable income. Stay committed, stay focused, and let every small success propel you closer to your dream of full-time blogging.

The post How to Make $30,000 a year Blogging appeared first on ProBlogger.

     

The post Why Stories are an Effective Communication Tool for Your Blog appeared first on ProBlogger.

As I write this it is the last Tuesday morning of the month and I’m sitting in a local coffee shop going through my ‘end of the month routine‘.

It involves a large lattè (everything else hinges on this) and some delving into my blogs metrics to see how they’ve been performing.

While I do keep track of the traffic stats of my blogs each day I like to set aside an hour or two at the end of each month to go a little deeper and do some more analysis of trends on my blogs – I find that when I do this I notice things that I can build on to continue momentum on my blogs.

This morning as I was looking at the type of posts that had done well in the last few weeks on my blogs I noticed an interesting trend – many of them were ‘story‘ type posts.

• The Power of Being Personal on Your Blog – the hottest post on ProBlogger last week – a post where I tell the story of being jumped on/hugged by a reader who I’d never met before.
• The #1 Reason My Blogging Grew Into a Business – the hottest post on ProBlogger in the last month – the story of my wife giving me a 6 month deadline to get my blogging to a full time level – or go get a ‘real job’.

Both posts got a lot of traffic, were linked to by numerous other blogs and were re-tweeted more than normal.

I’ve always known how powerful ‘story posts‘ can be on a blog but I decided to dig a little further to see whether this continued deeper than just the last month.

What I discovered was that story posts have been among the most popular posts on this blog over the last 5 years time and time again. They’re not the only type of post that does well (there are a few other types of posts that do well – we might explore these in a later post) but they certainly have performed very well for me.

Here’s a few more examples of popular story posts:

• The Day 250,000 People Showed Up at My Blog – a case study that recorded my experience of a successful post.
• 9 First Step Goals for New Bloggers – a post introduced very quickly with the analogy of my son’s first steps (and a picture of him).
• Learn from My Mistake – Don’t Leave Money on the Table – a story of where I failed – shared as a warning to others.
• Becoming a ProBlogger – a Story in Many Parts – my full story of going full time as a blogger – a mini biography.
• Lessons from an Umbrella Salesman – not a personal story but an analogy type post from my early days of blogging.
• Another Day in the Life of a ProBlogger – a post from a few years back which outlined a typical day of mine.

I could go on…. and on! Each month that I looked back on through my blog here at ProBlogger a story type post featured in the top 2 or three posts.

Why are Stories Effective?

A lot could be said about the reasons why stories tend to do well on blogs but here’s a few reasons that I’ve seen in my own experience:

• Stories engage the imagination of readers
• Stories go beyond facts and theories
• Stories reveal something about yourself as a blogger (they’re personal)
• Stories trigger emotions and the senses
• Stories are conversational – they stimulate others to react and tell their stories
• Stories provide hooks for readers to latch onto in your blogging (they’re relatable)
• Stories grab and hold the attention of readers
• Stories are memorable – while people don’t always latch onto facts and figures – a good story can be remembered for years
• Stories illustrate your points in ways that can be much more convincing (and convicting) than other types of information

The key with stories on blogs is making them tie into the rest of your blog – ie make them relevant and ensure that they have some point to them that is useful to your readers on some level. While telling the story of how your dog dug up your vegetable patch might interest you, the readers of your blog about (insert your blogs topic here) may not be quite as fascinated – unless you use the story to illustrate something about your topic.

Now that we’ve looked as some of the reasons stories are effective on blogs – in my next post I want to extend the idea of story telling with a 2nd post that explores some of the types’ of stories that you might like to use on your blog.

This post is another part of the Principles of Successful Blogs series. Previous principles explored are Listening, Trust, Usefulness, Community and being Personal.

The post Why Stories are an Effective Communication Tool for Your Blog appeared first on ProBlogger.

The post Build Blog Products That Sell 6: Tell the World appeared first on ProBlogger.

This guest series is by Greg McFarlane of Control Your Cash.

Welcome to the final installment in our hexalogy, concerning how to sell blog products in an era when people are reaching into their pockets and finding mostly lint. So far, we’ve discussed how to plan out products drawn from your expertise, create them, distinguish yourself from your competitors, test-market, figure out how much to charge, and find a clientele. If you’re late to the party, check out the previous parts of this series, right from the start, before going any further.

Say you’ve done all of the above. Now, the only remaining step is to get the sale. Sounds obvious, but all the preliminary work means nothing if you don’t close. You need to tell people to buy, rather than just crossing your fingers and hoping that they might.

It’s not just writing…

There’s a certain finesse required with this. You don’t sell in the same voice in which you entice, cajole, or inform. Lots of bloggers have trouble making the transition. If you’re going to put yourself out there as a seller of “you-branded” content, you don’t have the luxury of stumbling through and hoping that your sales pitch falls on receptive ears.

At this point, considering how much you’ve put in, selling yourself is mandatory, not optional. You have to use language forcefully, more forcefully than you do in your blog posts. Burrow into your prospect’s head, and by extension, your prospect’s wallet.

Focusing on the benefits

There’s a timeless axiom in the advertising business: People don’t want a bar of soap, they want clean hands.

The benefit of the product is far more important than the product itself. When you instead start focusing on the product—which, granted, you expended considerable effort to create—you’re not exactly empathizing with your clientele. It’s supposed to be about them, not you. No one cares how many hours you spent interviewing people for the DVD series you’re selling. Nor could anyone be less interested in how many pages your ebook is. (Beyond a certain point, of course. If you’re going to charge $329 for a three-page ebook, it had better contain the GPS coordinates for the Ark of the Covenant.)

No, cost-conscious buyers—any discerning buyers, really—want to know the answer to the universal question:

What’s in it for me?

How are you going to make your readers’ lives easier/simpler/richer? State how you’re going to do it. Yes, it’s great that you poured your heart and soul into your work, but that doesn’t necessarily make it sellable.

The human tendency is to concentrate on oneself, rather than other people. Which makes perfect sense—of course you’ll brush your own teeth and wash your own windows before doing the same for your neighbor. But if you want other people’s money, you have to force yourself to think about them first, as unnatural as that might sound.

Here’s an example of what not to write to get people to buy your products. The example is technically fictional, but it’s a composite of other bloggers’ calls-to-action:

“Starting today, I’m running a discount on my latest project. You can get my 36-page, 8,459-word ebook for just $11.99. This ebook, Car Noises And How To Diagnose Them, is the result of many months of research, and is now being made available to you for a special introductory price.”

Wow. Thanks for doing me the favor of offering to take my money. This is like the employee who walks into the boss’s office requesting a raise, and the first point he cites is how many hours of uncompensated overtime he puts in. Or that he has a baby on the way. You need to give your employer, or anyone else in the position of enriching you, a reason for doing so. Again, concentrate on the end users here. Without them, you and your product are nothing.

Here’s an alternative sales script, one that focuses on the buyer. It’s longer, but it also (hopefully) appeals to the buyer’s senses:

“Your car makes an unfamiliar noise. So naturally, your first reaction is to drive to the nearest mechanic, and waste maybe half an hour in the waiting room, putting yourself at the mercy of a professional whose livelihood rests on finding as many things wrong with people’s cars as possible.

For the love of God, don’t. Stop throwing your money away. That knock you hear doesn’t mean you need a new $1400 transmission assembly. It means you need to spend a couple more dollars on higher-octane fuel. That ear-splitting undercarriage rattle can be quieted in seconds, with the appropriate ratchet and a quarter-turn of your wrist.

My new ebook, Car Noises And How To Diagnose Them, breaks down the most common, least pleasant sounds that can emanate from your car. It tells you where they originate, what they mean, and how to prevent them. Some will require a look from a technician, but you’ll be amazed how many won’t. Fix them yourself instead, and you’ll save untold time, money and aggravation.

Car Noises And How To Diagnose Them includes sound files of dozens of the most common noises, along with complete directions on how to locate and assess them. Download it here for just $12, and I’ll include a mobile link for iOS and Android (because very few car noises occur when you’re sitting in front of your computer at home).”

Obviously that sales treatment isn’t going to be suitable for your blog and its products, but you get the idea. People are more budget-conscious these days than they’ve been in some time. They will part with their money, but you need to give them a compelling reason to.

Drawing the line

This doesn’t mean you should be penning advertising copy with dubious assertions. (“Scientifically proven to regrow hair!”) Quite the contrary. If there’s ever a time to be honest, it’s when you’re explaining to your readers what your products can do for them. Your readers will respect you for it, and if you give them value, they’ll spread the word.

For an established blogger, creating products that extend that blog can be a rewarding way to engage your readers and foster an ever-growing audience. For an up-and-coming blogger, selling a worthwhile product can cement your reputation as an authority in your field all the more quickly. Creating blog products takes plenty of time and effort, and while selling them in a rough economy can be a challenge, it’s such challenges that separate the average bloggers from the remarkable ones.

Say what your product’s benefit is (not what your product is, what its benefit is.), and sell.

Key points

• Understand that writing sales copy is different than blogging.
• Don’t write about yourself.
• Don’t write about your product.
• Write about your product’s benefits.
• Practise makes perfect: keep trying to improve your sales writing skills.

That’s it for our tour of the tricky business of building blog products that sell. How are your products selling at the moment? We’d love to hear your thoughts in the comments.

Greg McFarlane is an advertising copywriter who lives in Las Vegas. He recently wrote Control Your Cash: Making Money Make Sense, a financial primer for people in their 20s and 30s who know nothing about money. You can buy the book here (physical) or here (Kindle) and reach Greg at [email protected].

The post Build Blog Products That Sell 6: Tell the World appeared first on ProBlogger.

     

The post Build Blog Products That Sell 5: Finding Customers appeared first on ProBlogger.

This guest series is by Greg McFarlane of Control Your Cash.

History dictates that the current economic malaise will eventually end, but we’re still waiting for some unambiguous signs. That’s why for the past few weeks, we’ve been learning how to create products that are inspired by (and that tie into) your blog, and how to plan to sell them to an audience whose collective disposable income isn’t quite what it used to be.

So finally, after approaching this scientifically and methodically, you’re there. You’ve created a product built on the expertise your readers have expected from you and your site. And you’ve priced that product (or series of products) at a level that will generate income without scaring off too many potential buyers. Now all you have to do its open up the storefront and watch the money roll in.

If only.

The good news is that at this point, most of the work is done. But you still need to build your clientele beyond its traditional bounds. To amass your army, if you will.

Flipping the switch

After you’ve created products and made them available for purchase, a radical shift occurs. Whether you realize it or not, you’re now (at least) 51% entrepreneur and (at most) 49% blogger. The set hours that you spend updating and freshening your blog every week are now secondary to your sales efforts. Once you’re committed to creating and selling your product, people will identify you with it, for better or for worse.

If your product is, say, a collection of spreadsheets you can use to organize your home and eliminate clutter, then sink or swim with it. Henceforth, home organization will be your blog’s primary focus. Even though you may love collecting miniatures, and have occasionally blogged about it in the past, your days of doing so are now over. Apple used to sell stand-alone digital cameras. Not anymore.

You’re now a salesperson, and the more seriously you take your new job, the better you’ll do.

For generations, your typical commission salesperson was given a list of leads and an admonition to break a leg. If the new hire didn’t work out, no big deal. There would always be plenty of others willing to step in. Unfortunately, your incipient business doesn’t get that same luxury. The sales staff is you, as is the product.

And your current audience, regardless of its size, is limited. Some of your longtime readers might buy out of a feeling of allegiance or mild obligation. If they do buy, it probably won’t be because they’d been dying for someone to create whatever it is you created. And while your loyal readership may have given you the impetus and spawned the idea for your product, they’re not the only ones you’ll want to buy it.

So where to find a lasting and larger clientele? It involves expanding your horizons, but not in a rote way.

Finding customers

If you blog long enough, eventually you’ll be approached by similar bloggers offering you various stratagems for mutually benefitting your sites. A link exchange, a guest post exchange, and so on. Those are all well and good, if you enjoy the novelty of exposing your blog to an audience that is already loyal to another blogger who operates in the exact same field of interest that you do.

One fellow personal finance blogger, who seems to be an awfully agreeable fellow, recently offered to create a discreet badge allowing me to sell my products on his site, and vice versa. I trust that he accepted it as a business decision and didn’t take it personally when I told him I wasn’t interested.

Why not accept the exposure? Among other reasons, his blog has fewer readers than mine does. Many of those readers of his already read my blog anyway. Besides, what’s to stop him from making a similar offer to other bloggers with greater readerships than his, diluting the impact of his agreement with me?

Also, to put it kindly, he’s not an authority. He’s a guy with a blog, and a relatively new one at that. My products will be an afterthought on his blog, as his would be on mine. That won’t do.

A passionate evangelism

In selecting and pursuing offsite promotional opportunities that will actually help you find customers, you need to be a passionate evangelist for your product. Whether you’re considering buying ad space, using email marketing, social media promotions, or even creating a physical promotional freebie to give away (which we’ll cover on ProBlogger later today), you need to advocate strongly for your product, all the way.

My products need to be advertised in a place of prominence, because I care about them. Not just in and of themselves, but for a more pragmatic reason: it sounds obvious, but every item I ship makes me wealthier. I don’t want the seminars I hold and the ebooks I create to be just another offering in a catalog, vying for attention with someone’s unreadable treatise on dividend investing and the overpriced collection of Visio diagrams that someone else slapped together.

I want my products to stand front and center. I also want to remind potential buyers that no one else’s work can substitute for what I’ve created. If you want to know The Unglamorous Secret to Riches, no one else has it. If you want to know how to get out of whatever unhealthy relationship you have with your employer, that outspoken guy who runs Control Your Cash is the only one who’s going to show you how.

Just another vehicle

That’s why you have to acknowledge the limitations of your own blog. Most of your buyers aren’t there. They’re on unrelated sites, where it’s your job to get their attention and show them what you have to offer. It takes time. In my case—and you can apply this to your own situation—it means posting regularly at major, well-established blogs in my area of concern. It means guest posting at general-interest blogs where I know I’ll reach a diverse and erudite audience. My business model is predicated on the following belief: if people like anything I have to say, once they find out a little bit more, they’ll like everything I have to say.

Which means your blog becomes just another vehicle for selling your product(s). Once you sell to someone unfamiliar with your blog, you then sell that buyer on your blog itself. Anyone who buys your product should immediately become a subscriber. Now that buyer knows where to find your entire oeuvre, including the subsequent products that you’re doubtless working on.

Key points

• Once you launch your product, you’re a salesperson. Be prepared to put your product first.
• Recognize that the bulk of your buyers should not come from your own site: if you’re to give your product the best chance of success, you’ll need to sell it to people who have never visited your blog … so far.
• Be choosy about the promotions you use.
• Become a passionate evangelist for your product. This will help you sift the great promotional opportunities from the not-so-great.
• As your promotional efforts gain traction, you’ll begin to see your blog as just another vehicle for sales. Importantly, those customers are becoming subscribers … which will help when it comes time to sell your next product.

Still, buyers in 2023 remain wary. They have less money available to spend in an ever-growing market. With more vendors making their products available for sale every day, the successful sellers aren’t necessarily the ones who shout the loudest or the most frequently. Instead, the ones making sales are the ones who communicate the most effectively. Next week, we’ll find out how they do it.

Greg McFarlane is an advertising copywriter who lives in Las Vegas. He recently wrote Control Your Cash: Making Money Make Sense, a financial primer for people in their 20s and 30s who know nothing about money. You can buy the book here (physical) or here (Kindle) and reach Greg at [email protected].

The post Build Blog Products That Sell 5: Finding Customers appeared first on ProBlogger.

     

The post Build Blog Products That Sell 4: Price Your Product appeared first on ProBlogger.

This guest series is by Greg McFarlane of Control Your Cash.

If you’re late to this particular party, we’ve been spending the last few weeks examining ways to monetize your blog in an era when readers are holding onto their wallets more tightly than ever.

Sure, you can make money by selling ads if all you care about is revenue. Any link farm can do the same thing. But by extending one’s blog into different media, a diligent blogger can create and sell products that no one else can duplicate.

The process we’ve stepped through so far has been fairly straightforward. First, coldly assess what makes your blog distinctive. (If the answer is anything other than “Nothing” or “I don’t know”, proceed to the next step.)

Next, create something identifiable with your blog and your style—a video lecture series, ebooks, online classes, personal coaching, podcasts, whatever. Budget the requisite time to create your products, plan far enough in advance that your blog won’t be compromised in the short run, test-market your products, then make them available for sale. Couldn’t be easier, right?

This is precisely where many would-be entrepreneurs get smacked in the face with the harsh truth of the marketplace: putting a dollar figure on that product.

How much should you charge?

Not to turn this into a university-level economics lesson, but the tricky thing is to set a price that maximizes revenue. Sure, you can sell your ebook for 10¢ and theoretically reach the widest possible audience. But if you could charge three times the price, and still retain half your audience, wouldn’t that make more sense?

Ideally you’re doing this to turn a profit, which isn’t necessarily the same as generating as much revenue as possible. You also need to factor in your expenses. Otherwise, this is just a pastime or a vanity project. Creating products certainly requires time, and possibly requires materials.

That means that before you sell your first unit, you’ll already have spent money that you’ll need to recoup.

Say you’ve spent 30 hours writing a plan for a coaching program you plan to sell via your blog. Is $20 an hour a fair assessment of your worth? (That is, could you have earned that much doing something else?) Then you’ll need to sell a single copy for $600. Or two for $300 each. Or three for $200. Or…

You can see where this is going. It’s tempting to lower the price as much as possible, in the hopes that every reduction will attract more buyers. That’s largely true, but a) the relationship isn’t linear and b) there’s a limit—otherwise, you could give your product away and an infinite number of people would use it.

Finding the balance

How many unique visitors do you have? If you don’t know, Google Analytics can give you an idea. What proportion of those are invested in your blog and read it regularly? And what proportion of those will cough up a few minutes’ worth of wages in exchange for the promise of you enriching their lives somehow?

On the flip-side are blogging entrepreneurs who charge too much for their services. They’re like the commission salesman who wanted to get a job at Northrop Grumman, selling B-2 Spirit heavy bombers at $1 billion apiece. (“People have been slamming doors in my face all week, but I get 10% of each sale. And all it takes is one.”)

To avoid this, you need to find a comfortable medium between how much you’re willing to accept, and how much your product can realistically benefit its user. That sounds obvious, but most sellers don’t even bother weighing those variables. They just conjure up a price and hope for the best.

What does your product do … for whom?

Be honest with what your product can do. It won’t make the blind walk and the lame see. But will it show readers how to declutter their lives once and for all? Can it teach them how to change their car’s oil and tires themselves, instead of relying on costly technicians? Can it help readers travel to strange places inexpensively, and does it include an appendix that will teach those readers how to keep their cross-border hassles to a minimum?

Then say so. You don’t have to work miracles. You just have to make some aspect of your readers’ lives easier, less complicated and/or more fulfilling.

More to the point, remember who you’re selling to: your readers, not yourself. No one cares how much asbestos you inhaled in the mine, they just want the diamond. It’s a cardinal rule of civilization that results count, not effort.

One famous globetrotting blogger has recently diversified, and now sells a guide that ostensibly tells artists how they can throw off the shackles of poverty and start making money. He’s certainly appealing to his clientele’s emotions—what’s a more accurate stereotype than that of the starving artist?

Never mind that this blogger is not an artist, and that his background consists of little more than that educational punchline, a sociology degree. His blog’s sales pitch details how many painstaking hours he spent writing how many words and conducting how many minutes of interviews in the creation of his guide, as if any of that matters to an artist who just wants to know how to locate buyers for her decoupage and frescoes.

Keep scrolling down and you’ll find out that for just $39, you’ll receive “15,000 words of excellent content”. No one buys this kind of thing by volume. Xavier Herbert’s Poor Fellow My Country runs over 850,000 words. That’s 90 times longer than Richard Bach’s Jonathan Livingston Seagull, which sold far more copies and was far more influential.

Don’t hide your price!

That brings us to another thing not to do: treat the price as fine print. Which is to say, don’t build to a crescendo and make your readers sift through paragraph upon paragraph of hard sales copy before finally deigning to tell them how much your product is going to cost them. To do so is insulting. It’s the tactic of someone who has something to hide.

(There’s one exception to this rule. That’s when you’re using the late-night infomercial strategy, saving the price of your product until the very end because it’s so shockingly low. That almost certainly doesn’t apply in your case. You’re not an experienced marketer with a reputation, hawking indestructible knives and superabsorbent towels that suck up ten times their weight in liquid. You’re a blogger looking to turn your followers from loyal readers into paying customers.)

Getting back to the real blogger in our example, if you spend another $19 on the deluxe version, he’ll throw in three more audio interviews. There’s nothing quantifiable here, just a collection of messages that differ by media. (Incidentally, I asked this blogger how what kind of volume he does. I wasn’t expecting an answer and didn’t receive one, but it was important to make an effort to see if his methods worked.)

Given the choice, I’d rather take my chances giving my money to a blogger with authority and experience, who’s offering me something believable, and who’s not afraid to tell me how much it’ll cost me and how much it’ll benefit me. Is that you?

One more thing. If you’re creating a series of products in which each builds on the previous ones and no individual product can stand alone, you’re putting yourself in a fantastic position. You can give away the first and then start charging with the second. If you do, that’ll give you an accurate gauge of how many people are legitimately interested in your product, as opposed to just being curious.

Accounting for expenses

Once you make the decision to sell, and to price, you’ll have to account for expenses you’d never imagined. Maybe you’ll need to move from a shared host to a dedicated one. Or pay for a business license in your home jurisdiction. Or hire a graphic designer after concluding that your own Adobe Illustrator skills are wanting. A few hours of planning and estimation now can save you weeks of frustration down the road.

Speaking of quantifying, here’s a sample budget (in PDF) that you can adapt for your own use. Be conservative with your revenue estimates, liberal with your expense estimates, and you can get a better handle on how much you should charge when your products finally make it to market.

You might also find the formula presented in The Dark Art of Product Pricing useful. It integrates many of the considerations I’ve outlined here but, like this post, that one can’t definitively tell you what you should charge either. Ultimately, that’s up to you.

Key points

• Cover your expenses. Don’t set your prices so low that you’re losing money on every sale.
• Don’t set your prices so high that you need to camouflage them, either. Be direct.
• Honestly assess what your product can do for your customers.
• Explain to your customers what they’ll get for their money.
• Like anything else, first plan, then execute.

Next week, we’ll discuss how to increase your potential clientele beyond its traditional bounds.

Greg McFarlane is an advertising copywriter who lives in Las Vegas. He recently wrote Control Your Cash: Making Money Make Sense, a financial primer for people in their 20s and 30s who know nothing about money. You can buy the book here (physical) or here (Kindle) and reach Greg at [email protected].

The post Build Blog Products That Sell 4: Price Your Product appeared first on ProBlogger.

     

The post Build Blog Products That Sell 2: Analyze the Market and Competitors appeared first on ProBlogger.

This guest series is by Greg McFarlane of Control Your Cash.

Copy from one, it’s plagiarism; copy from many, it’s research.
—Attributed to Wilson Mizner (1876-1933), among others

…Or you can take it a step further. If you research many, and then forge something original, your readers will take notice. And then, if you market yourself in the right fashion, they’ll buy what you’re selling. In the meantime, though, look out later today for a post that explains how you can use video testimonials to set yourself apart from the competition in your niche.

Last week we began our examination of not just how to sell products via your blog, but how to do so when customers are watching their dollars, pounds, euros, rands, pesos and zlotych like never before. As the very concept of “disposable” income becomes less realistic, it’s imperative that you provide real value for your customers instead of just a product that you slapped together out of boredom.

Last week’s post was designed to help you identify what you offer that’s unique. It also helped you to consider that unique offering in reference to your audience’s present, most pressing needs.

Competitor and market research—seeing what else the marketplace is already offering—is a good next step to take. It shows you exactly what not to sell, and forces you to work a little harder to create something truly distinctive.

Assessing the competition

Candidly assessing your competitors isn’t plagiarism, but it’s unquestionably research. This isn’t a call to rip anybody off—quite the opposite, in fact.

Say you’ve got a blog that focuses on international train travel for the budget-conscious. Assume you’ve developed a dedicated and regular readership that considers you an authority on the subject. Would there be any market for a handy ebook that tells readers where to buy inexpensive tickets throughout the world?

Of course there would be. For the intrepid and peripatetic traveler, it’d be awfully convenient to know how to save money everywhere from the Camrail station in Yaoundé, Cameroon to the Trans-Siberian depot in Erenhot, China. The information clearly exists, albeit in diverse and unconnected places. For the hypothetical blogger in question, it’d just be a matter of taking the time and effort to compile and present it.

The idea is to create something that’s not only valuable, but unique and, ideally, impossible for anyone else to reproduce.

Again, drawing from personal experience but keeping it generic enough that you can apply it to your own situation, the primary products I sell on ControlYourCash.com are ebooks on selected personal finance topics. The ebooks are short (6000 words or so), easily digestible monographs illustrated with the occasional graphic and written in a style that hopefully serves to distinguish my blog from its myriad competitors. The ebooks are completely of my own derivation, and merge seamlessly with the content on my blog itself. They “extend the brand.”

Which, of course, assumes that the brand is worth extending in the first place.

Unique products are easier to sell

Creating products worth selling is only half the battle. You still need to make the sale. The list of worthwhile consumer items that never get sufficient exposure in a saturated marketplace is a long and depressing one. Marketing is an inexact science, but there are simple rules that you can follow to publicize what you’re selling. Those rules can be more self-evident that you might think.

I once worked for an advertising and marketing firm whose clients included a hot sauce manufacturer. The firm created multiple innovative, entertaining campaigns that attempted to position the company’s sauce as a bold alternative to Tabasco, Nando’s peri-peri and other competitors.

But the needle never budged. Countless man-hours and dollars went down a hole, sales remained static, and the hot sauce company’s representatives were ready to take their business elsewhere. They demanded an emergency meeting, and the advertising firm’s employees assembled for the inevitable dressing-down. Charts were presented, projections recalibrated, and (gasp) lawyers consulted. It looked as though we were certain to lose a lucrative client, one that was justifiably looking at other options.

Finally, the chief executive officer of the advertising firm—who probably wondered why he was bothering to pay the rest of us—stood up and asked, “Have you ever thought about widening the opening of the bottle by an eighth of an inch?”

Of course it worked, and the moral to the story is that it’s easy to unnecessarily handicap yourself right out of the gate. Many bloggers offer worthwhile products and services, yet treat them as afterthoughts, which is astonishing.

If you’re attempting to sell a product, Job #1 is: make it as easy as possible for customers to buy and consume said product.

Stand out, not beside

Remember that the market for bloggers selling products is amazingly segmented and diffuse. There are hundreds of thousands of diligent bloggers. Your blog’s area of interest is almost certainly well represented, if not overrepresented. Thus it’s important to market yourself aggressively and boldly. That being said, it makes less sense to contrast yourself with, or even acknowledge, your competitors.

Aggressive, confrontational marketing that draws a clear distinction between your product and someone else’s works fine if you happen to be major beer brewer or mobile phone service provider chasing market share. Everyone already knows the competitor exists, and pointing out the little differences counts when comparing essentially homogenous products.

Different rules apply when selling niche products of your own creation, especially in a climate in which consumers as a whole are cautious about spending money. Don’t avail your customers of alternatives. It’s best to pretend they don’t exist. Customers are a lot more likely to spend when there’s only one supplier. The power of monopoly is a formidable one, and no one else sells (or can sell) the properly conceived and executed products that make you and your blog distinctive.

Key points

• Assess your competition closely.
• Hone your product idea accordingly.
• Ensure your product’s key benefits directly reflect your brand.
• Make your product as unique and difficult to replicate as possible.
• Don’t compare your product directly with those of competitors: design and present it as the best solution available for your target audience segment.

Selling a product takes time, but not as much as creating it in the first place does. Next week, we’ll learn how to develop your product and devote the appropriate time and resources to it.

Greg McFarlane is an advertising copywriter who lives in Las Vegas. He wrote Control Your Cash: Making Money Make Sense, a financial primer for people in their 20s and 30s who know nothing about money. You can buy the book here (physical) or here (Kindle) and reach Greg at [email protected].

The post Build Blog Products That Sell 2: Analyze the Market and Competitors appeared first on ProBlogger.

     

The post Build Blog Products That Sell 1: Match a Unique Idea to Your Audience appeared first on ProBlogger.

This guest series is by Greg McFarlane of Control Your Cash.

How do you get readers to part with their money, especially when said money is scarce?

This year has been particularly tough for businesses and individuals who are all dealing with rising interest rates and cost of living pressures. It’s difficult for most merchants of any kind to make a sale. It’s particularly so if you’re a blogger who wants to advance from engaging readers about your subject of interest to getting those readers to buy something. In an average-to-booming economy, it’s easier to get people to part with their discretionary income, and not that much of a deal if they don’t.

But when belts are tightening across the globe, how do you get readers to buy from you?

This post is the first in a series where we’ll systematically prescribe a foolproof way for you to create worthwhile, lasting products that your readers can actually use—and that they’ll pay for the privilege of owning.

If you’re blogging regularly, and are the kind of blogger who reads ProBlogger, it’s safe to assume that you’re at least amenable to the idea of a digital storefront. Yes, maybe you consider your blog to be strictly a labor of love: something that serves solely to convey your thoughts about woodworking, or Pacific Island languages, for the sheer satisfaction of sharing such with your readers. If that describes you, great.

Yet if you could monetize your blog—sell a product or service of your own creation—you’d at least think about whether any profit you’d make would be worth the effort, right?

We all want a bigger audience. But how can we turn regular readers into paying customers? Having half a million unique visitors means a lot more if even 1% stop to buy what you’re selling. Of course, that implies you’re selling something in the first place.

But what should you sell? Where do we begin?

You need an idea

It all starts with an idea. Really, it does. That’s not just an empty axiom.

(Apologies in advance. The next couple of paragraphs might read like an end-of-chapter exercise from a self-help book. That’s not the intention. Take them literally and don’t read between the lines.)

Answer the following questions, one series at a time. Explanations to follow:

1. What do I have to offer?

• How am I different?
• What makes me unique?
• What can I offer to readers/customers that’d be hard for someone else to duplicate or automate?

Obviously you can only answer these questions for yourself, but I’ll walk you through it with my own set of answers.

My blog, Control Your Cash, is one of a few dozen personal finance advice blogs in existence. But “personal finance” is a wide umbrella. Most of my competitors can be placed into one of several subcategories. Some blogs focus on listing inventive ways to save money; others talk about personal finance exclusively from a Christian perspective; still others do nothing but spend every post comparing different credit cards.

Then there’s mine, which is probably most distinguished by a tone that readers have described as everything from “uncompromising” to “snarky”. Also, Control Your Cash explains complex and arcane personal finance topics in something of a readable and not altogether unfunny style, a skill that took a few years to develop.

That isn’t bragging. That’s determining what makes my site different, and what makes its author’s offerings of potential interest to a customer.

Understanding difference

My blog’s central feature is its thrice-weekly posts, there for the reading and delivered free to whomever subscribes to the site’s RSS feed. I also sell a full-length book on the fundamentals of personal finance for people who know that they know nothing about money, and a series of inexpensive ebooks, each of which deals with a particular topic. (How to read financial statements, how to buy a house, etc.)

The wonderful thing about taking the steps to create products is that few of my competitors, and presumably few of yours, are going to bother. The discipline required to write something 6000 words long, let alone 75,000 words long, intimidates most bloggers. The majority would rather just throw a bunch of unconnected thoughts on the page, run spellcheck (or not), then publish.

One of the elite bloggers in my field of interest is Mike Piper of Oblivious Investor. Even though we both write about personal finance, I hesitate to call him a “rival” because there’s little overlap in what we do. Mike’s tagline describes his site succinctly: “simple, low-maintenance investing.” To that end, he’s written a series of books—one on income taxes, one on accounting basics, and so on. As a certified public accountant, but one who can write captivatingly and with minimal jargon, Mike knew he could own that niche with little fear of serious competition.

You answered the questions, right? The ones at the start of the section?

If it took you more than a few seconds to answer them, stop. If you can’t effortlessly determine what makes your blog and your perspective unique, you can’t very well expect your readers to do it. Remember that they aren’t in the market for a faceless product that had dozens if not hundreds of hands in its creation, like a car or a jacket.

For better or worse, they’re buying you and whatever it is you’re identified with.

Accepting an ugly truth

If you answered the questions and came away with the conclusion that your blog just isn’t that distinctive, save yourself hours of frustration now by acknowledging that. It’ll be far better than creating a suite of products that hardly anyone will buy.

There’s no shame in coming to this realization at the outset. If anything, it gives you a chance to start afresh and establish your point of differentiation before you embark on anything else.

You don’t necessarily need a dedicated following to sell products—many of the people who buy my ebooks do so on their first visit to my site. (Which makes sense. What would compel an 89-time visitor to finally break down and buy something on his 90th visit?)

Now that you’ve determined what makes you different, consider your audience.

2. How can I build a following?

The speed with which people blog and get feedback makes it easy to confuse traditional roles in commerce. Just because someone leaves an insightful comment on your site doesn’t make him your confidant.

Keep it professional. Many bloggers forget that their customers, their advisors, their test marketers, and their collaborators should not all be the same people.

All too often, I’ll see bloggers make this dangerous transition when conversing with their readers. Don’t be afraid to solicit feedback, but on the other hand, don’t cede the responsibility of initiative by asking your readers, “So, what would you like to see?” That’s the equivalent of the chef coming out of the kitchen, wooden spoon in hand, going up to the couple awaiting dinner and saying, “Here, taste this. Tell me what you think.”

The above “strategy”, or non-strategy, is pervasive among bloggers, yet bears little fruit. Name a successful company—any company. Nike, for instance. Their research and development is a little more sophisticated than asking potential customers, “Would you like to see a running shoe with a waffle sole?” Or “How about workout gear that wicks away moisture?”

Sell yourself

If you’re going to sell via your site, you have to be bold. It starts with you, not your customers. Say “I’ve got a sales method that will revolutionize the industry. Here it is in four easy lessons.” Or “Sick of not knowing how to work on your car? Stop putting yourself at the mercy of repair shops. Download my series of instructional videos instead.”

Personalize it. Add value. Sell yourself. Take the examples from the preceding paragraph. Theoretically anyone could offer them. What makes your methods different? Is it your style and demeanor? Have you done research that no one else has done before? Are you creating a service or product that people don’t even know that they require, but won’t be able to live without once you’re done with them?

Ultimately, you want to understand what your readers want and need. But how urgently do they need it? When money is hard to come by, will they pay to have their pain assuaged? (People are much more interested in reducing pain than in embracing pleasure.) How can you improve their lives, and/or make their businesses more profitable?

Know your audience, and get inside their heads—specifically, the product-buying part of their heads. Read the comments they leave. Gauge their interest in and commitment to your blog. Only then can you create and sell content that resonates with and delights your readers, while staying true to your unique voice.

Key points

• It all starts with you. Work out what’s unique about you and your blog.
• Don’t be afraid to start again if your point of difference isn’t easy to define.
• To build a paying clientele, offer something to your readers to gauge their interest.
• Build yourself—your unique point of difference—into what you offer.
• Use these offerings, and your blog as a whole, to get inside your readers heads, and understand how you can uniquely meet their needs.

Next time out, we’ll discuss how to research your competitors, and how to stand out from among them when readers are counting every penny.

Greg McFarlane is an advertising copywriter who lives in Las Vegas. He recently wrote Control Your Cash: Making Money Make Sense, a financial primer for people in their 20s and 30s who know nothing about money. You can buy the book here (physical) or here (Kindle) and reach Greg at [email protected].

The post Build Blog Products That Sell 1: Match a Unique Idea to Your Audience appeared first on ProBlogger.