Starting a blog with intention of making money needs serious business plan. Here I’m highlighting some tips which you should work on before starting business online. Specially for Blogger, this will really helpful to create a blog which will not be just another blog. Before I start sharing these tips, depending on your business model, I would suggest to decide if you wish to create a branded blog like this or you wish to create quick money making blog. It will help you a lot, when you get into saturation period.\
Some of you feel surprised to know that Blogging is a pure business and you can apply all the business tricks on it. I am not emphasizing you to join top MBA institute to learn basics of business. But you should apply some disciplined way to boost your blogging business.
Planning is very important for any business. If you are blogging day and night without any substantial planning then don’t expect anything big from your work. Make goals, plan correctly and achieve it on time. That’s all.
Marketing is the second most important factor for any blog because visitors are everything. Google is responsible for heavy traffic on any blog but you couldn’t ignore other important traffic source such as Twitter, Facebook and social bookmarking sites.
Important factors to consider before starting business online:
Ways of making money
You should know about the good ways of making money. Which advertisers you select, what is your niche, which people are your prime target? Do you want to make money with affiliate marketing or just adsense too? Answer these questions before launching your blog.
Services are one of the main source of income of any blog. Do you have some special ability. Are you a designer? Are you a programmer? You can provide any services related to your interest. Fix your rate and make a portfolio which easily explain your previous work.
Cost is the most important factor for your business. Try to minimize your cost in comparison to other players in your market. Try to show your best work in portfolio so that any client can easily impress from your work. Remember that blogging is not only writing article. You can earn money by various ways.
If you are going to start a new blog then Domain name is the most important factor for your blog and business. Suppose your niche is Web designing and you choose any irrelevant domain name then it might effect your business. If you choose a domain name which contains “design” word in it then it automatically speaks everything about blog niche.
How to market your post effectively
There are various ways of blog marketing. Guest post, Twitter, Facebook, Social Media, Ping.FM, commenting etc. It totally depends upon how much time you devote on marketing. More marketing means more traffic and more traffic leads to more clients.
There are various methods of advertising. You can give advertisement on other blogs or use Google Adwords. But advertising needs money. So get ready to spend some money on advertising your blog.
You should make a proper work schedule and stick to it. Discipline is very necessary factor in every business. So be disciplined and do continuous work hard.
Blogging requires very less investment. Calculate your total input on your blog. It’s either any hardware cost, domain name cost, hosting cost, writer’s cost (if any) and office setup cost. You can easily find cheap and best hosting for the first year.
These are some basic advice for running your blogging business. Now its your turn, mention the check points before starting of any blog.