Most of us start out blogging for fun, but it’s inevitable that eventually it will be time to take a shot atm making money online. After all, we WordPress users have web hosting costs to cover, as well as other costs such as advertising. Even if you aren’t wanting to pocket any money, why not at least try to offset these costs?
There are a number of ways to monetize your WordPress blog, so I have broken this section down into a couple different categories.
Making Money with Google AdSense
When I’m consulting with clients, I usually recommend most bloggers start out with offering PPC advertising. It requires very little work and will provide some nice supplemental income. In order to get the most out of Google AdSense, here are some guidelines:
What is Google AdSense? Google AdSense is Google’s advertising service that uses JavaScript code and Google’s search technology to match up appropriate advertising with the publisher’s content. This, in theory, will make your advertisements more relevant and in turn appealing to your readers. Revenue is then generated on a “Cost-per-Click” basis, with you getting paid each time a reader clicks on your advertisements.
How do I boost my Click-Through-Rate (CTR)? There are two good ways to boost your CTR. The first way is to increase traffic; however, for many blogs starting out this is something that will take a lot of time. You need to gain a loyal readership and get a lot of content indexed with the major search engines before this goal can become realistic. The second and easier method is to work on your ad position to maximize the number of clicks you will receive. In the next few sections this will be covered in greater detail.
Where should I place my AdSense ads? There are a few schools of thought on this, but I’ve found two methods to generating a higher click-through-rate that have worked well for me. The first is to make sure your advertisements are placed “above the fold.” This means that they will be seen by the reader without any scrolling involved. This helps to ensure that they will at least be viewed before a web surfer hits the back button and gives you more chances for a click. The second and most important tip is to place advertisements is within your posts. This can be done in a variety of ways, but being WordPress users, we of course have the advantage of WordPress plugins! You can easily add AdSense ads inside your blogs posts using the Shylock AdSense plugin. With this plugin you can store a number of different ad blocks and have full control over placement within the post. You can also designate a starting date, so posts that are only X days old will not yet display an advertisement. This way your readers will typically not even see your advertisements. Instead only your search engine traffic will be exposed to them.
Should I blend my ads or make them stand out? I’ve been debating this for awhile now. Some claim to have success both ways, but my testing has shown that blending advertisements works better (use the same colors as the links on your blog). Making them stand out with a border, different color background, or whatever else will cause them to get noticed, but web surfers are more likely to know they are advertisements this way and not click them.
What are the best ad formats? According to Google, the most effective ad formats are the 336×280 large rectangle and the 300×250 medium rectangle. Depending on the layout of your website, using 160×600 advertisements can be very effective as well. As far as my personal experience, I’ve found that the 300×250 medium rectangle has given me the most success. This could be because it’s integrated into my post, but more than likely the real reason is because you will often get Google Video advertisements in place of link advertisements, which readers seem to love to click. You won’t see videos in your advertisements if you use non-rectangle ad blocks.
How can I get rid of those annoying AdSense ads that don’t have anything to do with my content? If you’re trying to maximize your AdSense income, targeting high paying keywords and getting rid of advertisements that have nothing to do with your content is a must. The first thing you should do is tell AdSense where to get their keywords. If this isn’t done, they can use information from your sidebar, header, footer, and other places to determine which advertisements to place on your site, which makes it more likely you will have non-relevant advertisements.
To do this, place the following start code at the beginning and the end code at the end of where you want Google to look for keywords:
<- google_ad_section_start -> <- google_ad_section_end ->
Next, go to your sidebar, header, footer, and wherever else you want Google to avoid and enter the following at the beginning of the content:
<- google_ad_section_start(weight=ignore) ->
Then add this at the end of the content:
<- google_ad_section_end ->
This tells Google AdSense to ignore anything between these tags. This stuff has been talked about a lot and will do a lot to help get valid advertisements, but there is more you can do. The next step is to monitor your blog for advertisements still showing up that aren’t relevant to your content. Next, write down the URL listed below the advertisement (DO NOT CLICK THE AD!).
Now, once you’ve gotten your list of URL’s together, go to your Google AdSense account and do the following:
- Click on AdSense Setup
- Click Competitive Ad Filter
- Enter the URL of any advertisements you don’t want to show up on your website. To addmultiple URL’s, type the URL and hit enter, then type the next, etc.
Once you have submitted it, any URL’s you have entered should disappear from your site completely and permanently within a few hours. I check through a few pages every week at random and try to find any ads that I deem irrelevant to my sites content, then filter them out with this method. This will help you receive more relevant advertising on your site and hopefully improve your Click Through Rate (CTR). Also, many of these generic ads that you will want to filter don’t pay much when clicked (some are a penny per click), so your clicks should pay better if you get rid of them.
In order to target keywords, you will want to stick to a particular niche on your site. If you want to branch out more, set up a second blog to cover other topics. This will help Google avoid being confused as to which advertisements to place on your site. You’ll also need to experiment with which keywords pay the most, and then target these keywords.
How do I know which Ad formats are working the best? When you create Google AdSense ad blocks, make sure to use their channels system and name each ad block something unique like “MySiteName 330×250 Rectangle”, etc. This way you can monitor which ads are performing the best and which aren’t. Don’t be afraid to try new setups or new ad blocks to figure out what works for your blog’s niche.
What are AdSense Link Units? AdSense link units are also targeted advertisements that work similar to normal AdSense ads in that they are Cost-Per-Click (CPC), however they actually require two clicks in order for you to get paid. When someone clicks on this on your link unit, it will then take them to a bunch of related links. When those are clicked, that is when you get paid. The nice thing about these link units is they are easy to integrate into your website and they are relatively unobtrusive.
How to Avoid Google’s Smart Pricing? This is a term that most people have probably heard, but it is something that is very difficult to define, due to the secrecy surrounding Google and their Google AdSense program. What we do know is that when your Google AdSense ads are clicked, Google keeps a percentage of each sale. At one point the New York Times reported that Google pays out 78.5% of what the advertiser pays, and then keeps the difference. Unfortunately this cannot be confirmed. What has also been determined through extensive testing, however, is that Google has a system which was designed to penalize low performing campaigns that get a lot of worthless AdSense clicks. This program is called “smart pricing,” and it was created as a way to protect advertisers from having to pay out large amounts on worthless clicks.
Because there is no way for you to know what the clicked advertisement pays and no way to know what percentage Google actually keeps, there is very limited information about smart pricing. It will probably stay this way unless Google decides to release some information about it. One thing I can tell you is that if you ever notice a significant drop in your AdSense income and you haven’t made any major changes to your campaigns, it is fairly likely that your account has been smart priced by Google. This of course means you will now get about 10% of the income you would have gotten across all of your campaigns.
One thing I can tell you from experience is that if you run blogs that are traditionally read by bloggers, webmasters, techies, and other “ad blind” people, these are the sites that are more likely to be causing you to be smart priced. For these types of sites, I recommend people at least consider either going with Yahoo Publisher’s Network (which currently doesn’t have a smart pricing feature), Chitika, or attempt to monetize these sites with affiliate marketing, which we’ll cover below. Also, I recommend that you hold off on using AdSense on your sites that are just getting started until they start getting a good amount of search engine traffic. Search engine visitors are the people that click advertisements, not your readers, so placing AdSense on these sites is risky.
So, how can you fix being smart priced? This is actually pretty easy IF you have a good campaign setup going which shows the performance of each ad placement. You’ll want to make sure each advertisement has a channel, such as “Site Name 468×60 Header Ad” and “Site Name 300×250 In-Post Ad”, etc. Once you’ve got this setup and got a few days data, start reviewing CTR. If you’ve already had this setup, the more data you have the better. I would recommend doing the last two months if possible.
Now, this is probably going to sound extreme, but you’ll want to remove any ad blocks with a Click-Through-Rate of 2% or less. If your AdSense blocks are between 2% and 3% range, keep an eye on these to make sure they stay above that mark. Google is penalizing you because you are wasting their time with these ad blocks, so remove under-performing ads and you should see a jump in your click payouts within a few days!
Overall, having success with Google AdSense requires a lot of individual work, with a focus on ad placement and using proper keywords. It also helps to get a lot of pages out there and indexed with Google. What works for one site, may not work for another website in another niche. Some niches (such as technology) are known for having readers that are “ad blind”, which can make generating AdSense income even more challenging.
Making Money with Affiliate Marketing
As mentioned above, Google AdSense has a pesky smart pricing feature that has been making life difficult for some people trying to earn with income primarily with AdSense. The good news is that some of these niches that don’t perform well with AdSense will often do well with affiliate marketing!
What is affiliate marketing? Affiliate marketers are people that bring together buyers and sellers, then receive a commission each time a sale is made (a select few will actually pay out for each “lead” you refer to them). Depending on the affiliate program, you may get paid a fixed amount, or you may get paid a percentage of the sale. I like to think of affiliate marketers as professional middlemen.
How do I get started with affiliate marketing? The problem many people run into when they get start is that they get overwhelmed with all of the affiliate opportunities out there. When I’m doing consulting, I always recommend people that are new to affiliate marketing start with one of the popular affiliate companies. This way you can search and find a number of different choices within your blogs niche.
These three companies are:
- Commission Junction – CJ deals specifically with managing companies affiliate programs. They are currently the industry leader and manage the affiliate programs of most of the top online corporations. Starting here is a good way to get started by promoting already proven companies.
- Clickbank – Clickbank deals more with individuals and small businesses that sell products online. Here you’ll find a lot of digital product opportunities, including a large number of eBooks, software, and other digital goods.
- Amazon Associates – This is the Amazon.com affiliate program. If your blog talks about books, movies, or pretty much any product that is sold on Amazon, this is a great way to start making some extra money. It is really easy to build links and integrate them into your blog posts, or you can use product images to try to encourage sales.
Once you feel that you’ve gotten the basics of affiliate marketing, you’ll then want to spend some time focusing on affiliate programs that are more specifically targeted to your blog. This can be done by going to Google and searching for your blog’s keywords plus the word affiliate. An example would be if you run a travel blog, you might search for “hotel affiliates”, “airline affiliates”, etc. You’ll probably end up with a large number of affiliate accounts, but this way you’ll get the best targeted affiliations.
Some other companies that offer affiliate marketing programs:
You can join these networks for free, so it never hurts to sign up and see what options you have available to you.
What are some good affiliate marketing strategies? Affiliate marketing is obviously a form of marketing, so I’ve found that the marketing strategies I’ve used all of my life offline seem to translate well to internet marketing.
Here are a few things to focus on:
- Find Trusted Companies - I think with each passing day, people are becoming more and more trusting of buying on the internet, but I’ve found that backing trusted companies often helps you to get more conversions. There are a large number of companies that have commercials or have built up a strong trust with customers, so they are a great place to start. Sign up to promote companies like Amazon, Ticketmaster, Priceline, Sears, Buy.com, or any others that are closely related to a topic your blog covers.
- Develop Reader Trust - Everyone has their own style, but if your blog has developed a decent following, you will need to be careful and only promote products you either do use or would use. If you wouldn’t buy it, don’t try to get your readers to buy it.
- Sell the Product - If you want to find success with affiliate marketing, don’t just slap a banner up on your blog and except to get a bunch of sales. Write a very personal review (avoid sounding like a press release) and let people know what you personally like about the product. If your readers know you use it and/or see you are passionate about it, then they will likely at least consider purchasing it.
Another thing I rarely see many top affiliate marketers talk about is the number of free affiliates out there. Every day hundreds of thousands of people writing blog posts and linking directly to a company’s homepage rather than with an affiliate link. These people are what I have termed free affiliates. Whenever you make an outgoing link to somewhere, take a second to check and see if they have an affiliate program. If so, sign up and use your affiliate link!
So, what do you do about adding affiliate links to your older content? Bloggers that don’t use WordPress are either screwed or are in for a long weekend of editing old posts if they want to add affiliate links to posts they’ve already written, but we as WordPress users have a unique plugin available that affiliate marketers have come to rely heavily on. This premium WordPress plugin is called WP Affiliate Pro, and what it does is allow you to simply enter your affiliate links into it once and it adds them to every post on your website! That includes both old posts and any new posts you write, automatically. Though this plugin has a cost associated with it, once you’ve purchased it, you can then use it on unlimited WordPress blogs. I personally use it on a number of websites and it has truly been a lifesaver.
Hiding Your Affiliate Links
Generally speaking, people tend to fall on one side of the fence or the other when it comes to hiding affiliate links. Those against hiding affiliate links often feel it is dishonest and that affiliate links should always be disclosed, or at a minimum at least be visible in your web browser’s status bar. The rest disagree and will argue that most times they would endorse the product even if it was free, so why not get paid for it?
I’m not here to tell you how to think, but if you decide you want to promote a product on your blog that has an affiliate program and want to hide your affiliate links, you’ll need to learn to create PHP redirects. Here are the steps you’ll need to follow in order to create a redirect:
- Create a folder somewhere on your hard drive called “Recommends” or whatever sounds good to you.
- Open Notepad (or similar program for Mac users) and go to Save As.
- Name it whatever you want to name your affiliate link and add a .php at the end.
- Now paste the following code into the document and replace the URL with your affiliate link:
- Save it into the folder created above on your hard drive.
- Repeat these steps until you’ve created a .php file for each affiliate link.
- Go to your FTP and upload your “Recommends” folder directly to your blogs root directory, which is usually the public_html folder.
- Now test your new affiliate link by going to http://yourdomain.com/recommends/name.php.
It should then redirect you to wherever the affiliate link is designed to send you to. Once you’ve confirmed that your new affiliate link works, you’ll want to start using your redirect link instead of the affiliate URL.
One major advantage of using this method is that when a company changes their affiliate links, you can easily just insert your new affiliate link in this file instead of changing it throughout all your old posts or anywhere else where you’ve used the affiliate link.
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