I remember when I was galavanting around in my first rock and roll band. We were all a bit green in the business world, but we were ambitious and thought we definitely would be the next big thing. In hindsight, we really had no idea what it takes to be the next big thing, nor did we have a plan. Then a few months passed, and nothing. We were playing shows, but where were the fans? Where were the record companies handing out the big checks?
Sound familar? If you replaced band with blog, you would have roughly 97.3 percent of all bloggers current plan. I will get back to the blogging aspect in a minute.
In need of a jump start, the band got one great break. We had an opportunity to do a radio station show in Chicago for one of the most listened stations, Q101. We worked the break, and next thing you know, the radio station put a small amount of muscle behind the band. And the buzz it generated helped us get our feet off the ground. In fact, that one moment probably transformed my entire understading of industry and big business.
For bloggers, finding that break is almost impossible. Takes a lot of hard work and a lot of luck. But there is something to be said for buzz and its money making potential.
Personal experience tells me that if you are in the money-making genre of blogging, or you are just looking to create a website that will generate enough traffic to earn a living, here is some food for thought.
I created a website for a gentleman named Richard Mims. He has been one of the more outspoken people in regards to the Drew Peterson / Stacy Peterson missing persons case. Richard had been on a lot of news shows, speaking about the case and his relationship with the people involved. I created the website to be VERY minimal on monetization, because the intent of the site was so he could speak his mind. The only monetization I put on the website was Google AdSense with the intent to cover hosting costs. The site only ran for one week before I decided to remove myself from it because of the hoopla surrounding the case in general. But the facts are pretty astounding. It shows what a little bit of buzz can do.
I am going to compare two websites. One I created for Richard Mims and one I have been running for about 7 months now.
For the length of this discussion, I will be referring to Richard’s website as Website A. The website was created on Jan 26th. I shut it down on February 1st. The content was pretty weak in general, just someone speaking their mind. It was sometimes hard to read, as this person was not a professional writer to say the least. There was no real SEO configuration because it really wasn’t a niche website, but he had a lot of ability to promote it including several large national news outlets. In the short week it was up, the website did over 32,000 unique visits with over 240,000 page impressions. AdSense registered just over 30,000 impressions as well, so the statistics come pretty close to matching up.
It is against Adsense terms of service to dicuss exact figures, but I will throw out some ballpark figures. Over 200 clicks generated over $50 dollars in revenue in that week alone. The site was configured with one ad block, 250×250 showcasing 4 ads per impression. It basically had the exact same setup as this blog, minus the 125 ads and the banner ad. Pretty minimal in terms of ads, in my opinion.
Website B, which does a lot less traffic, has a lot more monetization in place. It’s specific niche is graphical humor. I have banner advertisment, a couple of 125×125 ads, and a wide range of select placement for AdSense advertisements. There isn’t a whole lot of writing but what is there is a pretty easy read. That website averages less than 10,000 site visits per month, but it generates roughly 100 dollars a month in revenue after hosting costs are factored in. The AdSense click though rate and amount of clicks is right about on par with Website A.
Logic tells me that a website that generates as much traffic as Website A but had the same configuation as Website B would make roughly 300 dollars a week; possibly more if the niche and ad configuation is optimized.
Every website is different, and finding your proper advertisement setup will make a world of difference. But this is proof, once again, that traffic is the main factor in determining how much revenue you will make. As great as your content may be, if generating revnue is your main goal, traffic must be generated.
Hope you catch the buzz!