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Now that you've followed all the steps in the "Being Self-Employed: How To Setup a Business Website" Part 1 & Part 2, you're ready to begin monetizing your site. This can be done in one of two ways: you can solicit advertisements from numerous sources to purchase ad space from you or you can offer advertising space via 'agencies' as a 'publisher.' I recommend the latter to anyone that is new to marketing, sales, internet sales and eCommerce in general.
Internet 'agencies' aren't totally like the moniker that I'm using. They are actually Affiliate Marketing companies that create advertising campaigns, ads and establish ad space pricing for their clients and provide them to website or blog owners. Website/Blog owners are termed, "publishers" and as such do not have to create a sales/marketing department of their own in order to benefit from ad revenues in cyberspace.
There are a few 'placement' and other 'creative' strategies that appear to create an incentive for visitors to click on ads, which in turns generates income for publishers.
According to a recent article, "'Media Business' Digital Directions Day: What do advertisers want from publishers?" posted at B-to-B on Sept. 17, 2008, "I'm all for paying for value-add, but the point is we need to think as creatively about the media mix as we do about the content," said John Osborn, president-CEO of BBDO New York. ". . .Here, the creative input comes from the publisher as much as the agency," he said.
The article goes on to state, "A failed advertising effort may have several causes, including poorly considered media buys, ineffective audiences or the client's product, message or creative."
If you think simply placing ads on a site or blog is all there is to generating advertising revenues, you won't make very much money!
"We need that two-way conversation in order to tweak things to get better results," said Eduardo Conrado, VP-global business and technology marketing and communications at Motorola Inc.
Learning to monitor visitor response to ads, along with the growth rate of traffic visiting your site/blog after ad placements, while monitoring other vital traffic statistics will increase your skills and ability to utilize the effectiveness of affiliate marketing via advertising or 'monetizing.'
Further, keeping abreast of marketing trends and utilizing them to enhance your site's or blog's appeal is vital to successful income generation. Video delivery is very popular and profitable. Google AdSense and YouTube have developed a 'creative' that involves placing videos pertinent to your site's content to genarate sales and traffic. Accordingly, the B-to-B article confers, ". . . we're now also using video case studies," Conrado said. "We're creating the case studies and flipping them to video." He said the engagement factor is much higher, with viewers willing to watch several videos in a row and often downloading many hours of content. Videos are often shared with colleagues, making for potent viral marketing opportunities."
Working from home and/or in a small office can be extremely rewarding when eCommerce by way of a monetized website or blog is involved! Finding effective methods to increase traffic and 'conversions' is as simple as bookmarking or subscribing via RSS feed to resource sites such as YE is Here! WebPreneur Resource Central or Money 'Da' Easy Way to name just two.
In the upcoming days and weeks, I'll be sharing some of my favorite FREE webpreneur and small business resource sites and how to best use them. Stay tuned.
YE is Here!
SUR-BET
Global Enterprise Network
Money
'Da' Easy Way@bravehost.com!
YE
is an author; WebPreneur; electronics, computer & gadget geek;
Certified Holistic Health Consultant; grandmother and devoted
traveler that currently resides in the southeast, USA. She can be
contacted for interviews, consultations and general comments at
either of her websites or by email at: yehasmoney4u@yeishere.com
©2008
S.U.R.-B.E.T. Publishing First published on Qassia by Your's Truly
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