Wednesday, 27 February 2013

Internet Freedumb: Are You Falling Prey?

This guest post is by Chris The Traffic Blogger.

I can explain why you’re not making any money online in one word: Freedumb.

The irony of my writing a free post aimed at curtailing your misuse of free offers is not lost upon me. While your eyebrows fuse together and you determine whether reading this information is really worth your time, let me assure you that there is a valid reason for not charging any money for this work.

I absolutely believe that it’s worth quite a bit, but the people who need to read it (you’re in that group) would only purchase such knowledge if they already understood the concepts within it! Ironies abound, and you’ll realize just how ironic this entire volume is the further into it you get. In the end, I know my audience, and this article will target them, which is a skillset you need to learn to for yourself as well.

The greatest danger to entrepreneurs worldwide is the concept of Internet Freedumb. It is more lethal than the IRS, writer’s block, and months of poor sales figures combined. When you allow this cancerous notion to enter into your brain, it becomes the equivalent of quicksand beneath your feet. What’s really scary, and the reason it is remarkably deadly, is the fact that it sounds so damn appealing. Yet nobody seems to address it or feel the need to warn entrepreneurs of its affects.

I refuse to sit back and watch your internet dreams fly out the window. You owe to your business and yourself to read this entire document in a single sitting. Enough words of warning, let’s dive head-first into a word that you see every day but have never had access to the vernacular necessary to properly identify it.

Internet Freedumb is difficult to describe—much like the word “pornography.” I can tell you when I see it, but it’s a struggle for me to nail down an all-inclusive definition. Let’s focus on the result of Internet Freedumb in order to help define it.

The effect of Internet Freedumb on an entrepreneur, when you boil it down, is the entrepreneur thinking that making his or her content entirely free is the only way they can compete in the marketplace. It’s also the belief that creating 100% “free stuff” will lead to lots of traffic. This devolves into the use of advertising as the primary source of revenue, which is almost always done poorly, with little foresight.

Instead of building a business model, victims of Internet Freedumb literally set themselves up for bankruptcy.

The most confusing part about Internet Freedumb is the misconception that giving everything away for free makes people’s lives easier. No, it most certainly does not. How much garbage do you have downloaded onto your desktop? How many pdf’s, links, and videos? Probably far too many. We are bombarded day in and day out by the results of Internet Freedumb. Keep in mind, entrepreneurs ironically do this because they believe it will help them to stand out.

You know what does stand out? A paid product that removes the fluff and filler that makes up most Internet Freedumb giveaways. A $37 price tag sticks out. But even better, a $99 price tag really sticks out. As long as you deliver excellent content that both reduces Internet Freedumb inspired garbage down to manageable levels, and adds your own two cents, you will have a product that truly stands out.

By charging people money, you actually are helping them place a value on your work.

Think about when you want to ask the internet for help, and compare that with times when you want to purchase instructions. When you Google something, it’s usually a single question with a very basic answer. For example: “Dear Google, who invented electricity?” Conversely, you don’t go to the internet for a tutorial on how to learn AP Physics. Instead, you’ll spend your money on a concise, structured book about the subject or, even better, attend a course on it.

If you want to make money online, you need to focus on creating the manuals and video courses that teach people something. These must be objects of value, things that stand out above the wasteland of Internet Freedumb-inspired rubbish. It is only then that you will be able to make a living online.

You must not listen to the skeptics who believe that Internet Freedumb is the only way. Most importantly, you must build a new series of experiences that disprove the Internet Freedumb concept we all seem to initially believe in.

Let me clear up some initial confusion: this disease is not the same as the objects it spawns. Remember, we’re talking about entrepreneurs following a doomed-to-fail mindset, and it’s important to distinguish the cause from the result. The reason for this should be obvious: not all free stuff is dumb. There certainly is a time and a place for free pdf downloads and products. Problems arise when entrepreneurs take this too far, and usually they think that they will solve the puzzle of earning money from their free stuff later.

That “later” doesn’t ever come.

So Internet Freedumb really is just a mentality. It’s a losing mentality that makes you feel like a winner. You’ll think to yourself: “Yeah, I’m giving away lots of great stuff for free and everyone will love me for it!” Unfortunately, you’re just peddling more garbage amongst the gigantic pile of everyone else’s garbage online. You’re not building a business, and you’re certainly not making enough money to justify your hours worked.

Everything we do as human beings is aimed at helping someone (especially ourselves). In most cases, we make the wrong choice for the right reasons. Someone who succumbs to the Internet Freedumb mentality believes that they will help their readers. This is a great reason. Unfortunately, the choice of how to deliver that content (all free, all the time) does not lead to making that reason a reality. This someone also believes that giving everything away for free will get them traffic and money. Sorry, it just never works out that way.

Let’s say you have a really amazing product and are getting ready to price it. All too often, you will drop the price down to ridiculous levels, and eventually give it out for free, because you keep telling yourself that no one is going to pay for it. When someone sees the option to download your product for free or pay $50 for a well packaged tutorial on the subject, you instinctually believe that you’ve made their decision easy.

Unfortunately, our minds tend to consider paid products on a higher quality level than free ones. By giving your masterpiece away, you are devaluing it in the eyes of the reader to the point of possibly not even being worth glancing at.

If you find yourself making pennies from hours of hard work, then you have Internet Freedumb sickness. Don’t for a second believe that this only affects “losers.” In many ways, I myself have been bitten by this bug. Any time you cut corners and produce less than optimal quality content, you are falling for Internet Freedumb. It truly is a disease that destroys your work ethic and the ability to read what your customers want from you.

In the end, subscribing to Internet Freedumb means that you are truly selling out. At first you will think that I am lying to you. “No, selling out would be selling a product.” Actually, by giving away more free garbage, you are basically telling your audience that they aren’t worth creating a quality, paid product for.

How do we cure ourselves of this deadly disease?

The hardest part about defeating Internet Freedumb is the fact that our heart and brain tell us it’s the right way to go. You cannot defeat these forces without the will to experiment. By being willing to try something new and go outside of your comfort zone, you will have a shot at experiencing the opposite of what you thought had to be true.

Let’s say you ask your audience what kind of product they want you to create, and you actually make it beyond their expectations. If they spend money on your product and love you for it, then you will have a real experience to fall back on anytime someone tells you the Internet Freedumb lie, especially yourself.

Here are four actual steps you can take to experience truths that dispel the lies behind Internet Freedumb.

The money is in the list, but for technical or psychological reasons, you’ve been avoiding getting one started.

Let’s cut to the chase and actually get to work on the most important part of your online career. Get a list going!

I recommend Aweber for their “$1 for the first month” deal and easy-to-use tools. If you utilize my tactics outlined in the video course, So You Think You Can Blog, then you should be making a hundred to eight hundred dollars per month in no time.

If you want to disprove the Internet Freedumb mentality sooner than later, you’ll need something to actually sell to your audience. Since creating a high quality product takes time, while you wait to implement one, you can sell someone else’s online product.

I would suggest finding anything above $10 and starting there.

I don’t just want you to disprove Internet Freedumb, I want you to remove it from your brain forever. It’s going to take a bunch of sales from your grateful audience to do that. Thinking along those lines, make sure that you pick a product you both use and love yourself before attempting to sell it.

Now, when you go to sell it, make sure that you don’t just slap a banner on the page and say “Buy this awesome product, I recommend it!” Give it some thought and dedicate your time to writing a review or presenting the product in a more colorful light.

Use video software and a camera to produce at least some raw footage about your niche. Focus on featuring yourself because nobody else can be you. Yes, free has been done before, but a product that you create with your voice, and comprehensive thoughts within it, has definitely not been done before.

Be a new voice even if you’re sharing old information and you’ll be shocked at how much money you can make. At the very least, use a microphone like my Blue Snowball and record high quality podcasts. Just do something, even if it’s not the best presentation the first dozen attempts. But be sure to charge money for it.

Stop hanging out with just the crowd of people who believe in Internet Freedumb. Get out there and meet the entrepreneurs who actually are successful in selling products. Maybe you’ll even learn when it’s okay to use free stuff.

Follow my advice and you will quickly find yourself building experiences which contradict the Internet Freedumb mantra. After a short while, you’ll realize just how stupid it is to follow such a suicidal ideal.

What will it be? A real business based on value or a fake business built on free garbage? You decide.

Chris The Traffic Blogger. Creator of “So You Think You Can Blog” – A video course showing how to make $100,000 per year blogging.


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The Dos and Don’ts of Weight Loss Blogging for Beginners

This guest post is by Karol K.

There’s a popular trend on the internet these days among people who have taken upon themselves to lose some weight. I’m talking about starting a weight loss blog.

The idea in itself is perfect. You get a place to document your progress, talk about the things you’re doing, get additional motivation by interacting with other people through comments (also great for getting additional tips from them), and finally, you’re making your journey public, which is sure to improve your success rate all by itself.

There are some problems, though. The weight loss blogging space is really heavy on purely promotional sites, deceptive sales messages, or even scams desired solely to earn some quick money.

All this makes it really hard to build a credible brand that stands out from the crowd.

That’s why I decided to create this quick tutorial to show you some things you can and should do ASAP, as well as other practices that are better left alone—unless you want to be mistaken for a spammer.

Before I get to that, let me take a minute to list some people who do this the right way. Here’s the light side of the force (so to speak), just as an example on how weight loss blogging should be done.

MindBodyGreen.com: MindBodyGreen was founded by Jason Wachob, Carver Anderson, and Tim Glenister—all wellness experts and enthusiasts. Their team is one of the best in the business. From top yoga instructors to wellness gurus, and weight loss experts, there’s something for every interest and ability level on this blog.NowLoss.com: A very successful blog in the weight loss niche by Andrian Bryant. NowLoss.com now helps over 1.5 million monthly visitors look good naked by losing weight, getting curves, and/or building muscle. NowLoss.com is the #2 weight loss website in the world behind commercial giant Weight Watchers.WorkoutsForHome.com: In her blog, Susan invites us to join her in Operation Awesomeness and lose weight fast, right from home. She is here to teach you everything she knows about becoming awesome…Does This Blog Make Us Look Fat: A blog founded by Rebecca Regnier—an Emmy-winning television journalist and author ofYour Twitter Diet,” available on Amazon. The blog’s mission is to teach you how to lose weight in a way that’s suitable for you individually (whatever weight loss steps you take, Rebecca supports you).A Black Girl’s Guide to Weight Loss: A blog where you can join Erika in her journey from 330lbs to personal trainer. Everything she shares comes from her personal experience. An great blog with lots of personal touches.

Now, let’s focus on how you can join the ranks of these quality weight loss blogs.

These days people don’t have that much trust reserved for websites talking about weight loss. With so many poor affiliate blogs around—blogs publishing low quality content purely to promote other products through affiliate links—you never know who’s for real and who’s in it just for the quick buck.

One of the common things such marketers do is that they never use their real names. Instead, they showcase some lame brand name, like LoseWeightTacticsBlog, or something.

The easiest thing you can do to differentiate yourself from this crowd is to prove that you’re a human being by using your real name. Then, go one step further and display some actual photos of you (either taken by you or your friends; nothing too professional-looking).

When your audience sees your face on the blog, they will know that you are a real human being who genuinely cares about the content they publish.

Whenever you want to endorse something (a product or service) be careful about promising any kind of results. This is something spammers do every day. They publish loads of promises, great looking success stories, and even fake before-and-after pictures.

People are very careful now when it comes to believing any sort of promises. Whenever you say that something will bring massive results you’re immediately becoming suspect.

Now, I’m not saying you shouldn’t endorse anything. But do it only when you are absolutely sure that the product is of great quality. You have to experience the results yourself, otherwise you won’t be believable.

This is about the name of your site.

Now, you can take one of two possible paths here:

Get a custom domain at godaddy.com (or some other registrar) and your own hosting account.Register your blog at wordpress.com and get a free subdomain.

Both approaches have their pros and cons. The first one is obviously more expensive. You have to spend $10 a year for the domain, and around $6 per month for hosting.

But what you get in exchange is better credibility and a more serious look from the get-go.

The second path is quick and cheap. You can set up a new blog within minutes, but its address will end with .wordpress.com.

This is up to you, but make sure to go with a good name. Whatever you do, don’t make it seem spammy. For instance, WeightLossTacticsBlog is spammy. MagicWeightLossToday is too. LosingWeightWithKaren is not. There’s no rule of thumb here. Always go with your gut feeling.

The consequences of getting this wrong can be serious. If people see your blog’s name as spamm—as a hidden marketing pitch of sorts—they won’t believe a thing you’re saying.

As I said before, trust is the rarest commodity in weight loss blogging. If people don’t trust you, they won’t listen to your advice, and might even find it hard to believe your stories.

There are some ways to boost your believability rate, so to speak, and your trust:

Use your real name and display pictures of yourself (already discussed).Try storytelling and sharing personal insights. This is where you get to describe genuine stories that are taking place in your life (related to weight loss, obviously). People love stories, and it’s the ultimate way to prove that you are real. If people can relate to what you’re saying, they will surely pay attention. Make every post you publish personal to some degree.Display trust elements. “Trust elements” sound fancy, but what I mean is quite simple. Whenever other website mentions you in one way or the other, put their logo in your sidebar and label it “Websites talking about me” or something similar. The point is to prove that other sites see you as a real, credible person. If you don’t have any of those yet then don’t worry, the day will come.

One of the main giveaways that we’re dealing with a weight loss marketer rather than a real person is the fact that each post only touches upon the positive side of things.

As in life, in weight loss, too, there are good and bad days. Good and bad products. Good and bad people.

You can create much additional credibility when you share a message that’s not that positive, but is still 100% real.

Only the strongest people are able to share a negative story and be confident about what they’re saying at the same time.

Advertising is the most intuitive way to monetize a website. Essentially, I’m not against advertising. If there is a possibility to earn a couple of bucks from your blog then I believe you should take it.

However, be careful not to make your blog overloaded with ads. Such situation will bring your credibility down very quickly. Just one block for AdSense ads (or any other provider) in the sidebar is really enough.

You can skip this if you’re not planning on publishing any reviews. If you are, keep reading…

The main problem with reviews online is that a big chunk of them is simply fake. Every day countless marketers publish reviews of crappy products without even having those products in their possession.

This is especially visible in the weight loss space where, as we all know, there are hundreds of products available … pills, diets, training programs, training equipment, DVDs, you name it.

That’s why if you’re going to write a review, you should remember a handful of things:

Always list the bad sides of the product (there surely are some).Provide pictures of the product taken by you (or better yet, pictures of you using the product if that’s possible).Get in depth to the core benefits the product delivers.Don’t quote any of the information from the product box or the official website.Give an honest final opinion.

Most of the time, spam-bloggers publish only simple 400-word blog posts providing no actual advice. You can differentiate yourself pretty easily by looking at the topic of blogging much more broadly.

Some examples, besides the traditional blog post:

Your progress update. If you’re on a weight loss program yourself then you can share your weekly progress updates. I guarantee that your readers will love those.“Meal of the week” or something like that. Provide a complete recipe.“Task of the week.” This is where you can set a goal for the week and update your audience on how well it went. For instance, your goal could be to exercise at least 20 minutes a day.Interviews. If you can have a talk with someone knowledgeable about a given weight loss-related topic, your audience will surely be glad you shared this.Reviews, as discussed above.Off-topic posts. This is where you get to connect with your audience more broadly, by sharing something that’s not related to weight loss, yet still relevant to you as a real person.“Ask the readers.” This is where you ask a question and your readers respond through comments. Then you can round up the most interesting answers and publish them in another blog post. You have to have a big enough audience to make this work, though.

Now it’s your turn. What do you think about using a blog as a way to document your weight loss story? Are you a weight loss blogger? What tips and advice can you share?

Karol K. teaches how to save on the popular Flex Belt, and discusses the basics of TRX training (learn more). He contributes articles on fitness training, working out, and losing weight in general. He also enjoys writing occasionally for WeightLossTriumph. He’s a fan of healthy living and being in shape no matter what. In his personal life, he proves that one doesn’t have to struggle to be healthy.


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Dangerous Lunch At BCD Tofu House

How I Make $40K A Month From My Blog

BCD Tofu House is a Korean restaurant chain with nine locations in Southern California. They also have shops in New York, New Jersey, Washington State, and Seoul Korea. The BCD story started with Hee Sook Lee, a first-generation Korean immigrant who loves to create in the kitchen and to share her cooking with her family. Her mother in-law owned a restaurant in Buk-Chang-Dong, the city in Korea after which the restaurant is named. Mrs. Lee opened the first BCD in 1996. Today, there are 16 BCD restaurants worldwide.

BCD dishes are focused around organic soon tofu. The ingredient offers superb taste and beneficial health properties. Tofu itself is a pretty bland food. However, it has the ability to absorb the flavor of whatever food you mix with it. BCD prepares their tufo dishes five different ways, and in heat levels ranging from mild to “Dangerous!” Of course, we had to try the dangerous level.

BCD Tofu House

The Tufo is cooked in a cray pot, and then brought to you boiling hot (most likely still cooking). It looked like a pot of molten lava. The soup was bubbling for a good minute after it arrived at our table. To kick the taste up a notch, you can crack a raw egg into the pot. The egg will cook itself in the broth, and it also helps to cool down the soup to the point where you’ll be able to eat it and not burn your tongue.

BCD Tofu House

Letting the pot cool down might save you from burning yourself. However, the dangerous heat level will do a number on your mouth. This is Marc’s reaction after his first bite. Unless you’re crazy like us, you might want to work your way up to the dangerous level.

BCD Tofu House

The tofu is accompanied by a variety of Korean side dishes and a bowl of rice that is cooked in its own burning hot cray pot (be mindful of your kids if you bring them to BCD or they might burn their little hands off). You can order additional side dishes to go with your Tofu. We ordered a plate of short ribs and some deep fried fish.

BCD Tofu House

BCD Tofu House

BCD Tofu House

BCD Tofu House

If there’s a BCD Tufo House in your area, I highly recommend you try it. Most BCD Restaurants are open for lunch at 11am. However at select locations (Western, Wilshire, Garden Grove, Irvine, Manhattan) they are open 24 hours, so you can satisfy your tofu craving anytime you want.

BCD Tofu House

BCD Tofu House

BCD Tofu House on Urbanspoon

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There Is Such A Thing As A Free Lunch, And Free Beer Too!

written by John Chow on February 21, 2013

Cash In On The iPad

Who said there is no such thing as a free lunch? Free Lunch Friday is coming to Orange County! Not only does it offer a free lunch, but they have free beer too!

Free Lunch Friday strives to feed the hungry startups and entrepreneurs that feed our global economies. Starting in 2013, on last Friday of every month at locations around the world, startups and entrepreneurs will gather for real human interaction and community. The free lunch in the OC happens tomorrow, and I like to invite you to come out and join me for lunch and beer. And yes, it really is free!

Unlike the average lunch, Free Lunch Friday last from 12:00 noon to 3:00PM. Now, that’s what I call a dot com lunch! Hopefully, you won’t have to go back to the office afterwards.

If you’re not in Orange County, don’t worry about it. There are Free Lunch Fridays happening all over the United States (international coming soon!). Check out the Free Lunch Friday map to find a free lunch near you. Here’s a video from last month’s Free Lunch Friday in LA.

RSVP for Free Lunch and Free Beer at Free Lunch Friday Orange County

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Behind the Scenes of a Successful Blog Acquisition [Case Study]

I really love the idea of buying and selling websites. Recently I listed one of my blogs on Flippa, a marketplace for buying and selling websites, and sold it successfully.

Then, I bought another blog outside of Flippa. Since we’ve already talked about selling blogs this week, I wanted to walk you through my buying experience today…

Fortune cookie Image by Flickr user quinn.anya, licensed under Creative Commons

A couple of months ago while browsing the web I landed on a blog called WPBlogTips.com. Eventually, my eye got stuck on a banner that said, “This site is for sale”.

At that time I was thinking of starting a blog in the internet marketing niche, which is the niche that WPBlogTips.com covers.

To be honest, I personally hate to start a blog from the ground up. It’s a lot of work! Choosing the domain, crafting content, building traffic, waiting till the Google sandbox effects end before you can start link building, growing an active community … obviously there’s a lot to do, and in many cases the job is tedious. I would prefer to buy an established blog in a niche that has decent traffic, an engaged community, and quality content.

Long story short, I decided to buy that blog.

Before jumping in to buy that blog, I undertook some due diligence research on both the owner and the blog itself. Doing your homework before you purchase may help you to avoid disappointment down the track.

So before I made an offer on the blog, I researched a few things:

the owner of the blogthe site’s traffic statsthe blog’s monetization history.

Knowing more about the seller is really important task before you make an offer, or can even calculate how much the blog is worth. It’s especially important if you are not willing to use a third-party transaction site like Escrow.com to manage the transfer of payments and assets in the acquisition.

Here are the simple steps I took to research the seller of the blog.

Search the domain’s WhoIs information: Check if the domain is handled by the same person who runs the blog. In my case, the domain was not WhoIs guarded, so I was able to find the owner’s details and their address. If that information was protected, I would have ask him to remove the guard so I could see the data. This is an important first step in verifying site ownership.Do a seller profile web search: A simple Google search should show you the profile of the seller. I also found some other blogs that this person owned, and I found that reassuring—it’s nice to deal with a person who has some kind of reputation online. That’s not something most people would achieve if they weren’t honest and trustworthy, nor is it something they’d throw away by behaving badly in a site sale.Search on social media: A simple search on Facebook, Twitter, and Google+ also told me a lot about the seller, and how he deals with others. Today everyone is social, especially bloggers. So this is a good way to research a site owner.

Once I’d got the details of the blog’s owner, I contacted him and asked him to send me some stats for the site’s traffic and its monetization history.

If you’ve ever looked to buy a site on Flippa, you might have seen a section called Claim Traffic where sellers need to claim their traffic by uploading Google Analytics verified stats. The problem is that straight traffic stats say nothing about the site’s traffic sources, or what the most popular content is. These are important factors in the site’s current success and its potential, so it’s important to ask for more detailed stats before you buy.

Importantly, traffic screenshots can be faked easily. So always ask for verified Google Analytics reports when you’re asking for Analytics data. Then, start analyzing…

You will get a bunch of details from Google Analytics, but those details are as good as junk if you can’t analyze what they really mean.

Unique visitors per month: This is one of the key factors that helps determine the blog’s value.Bounce rate: I think the normal bounce rate of a blog should be around 60-70%, but in this case, the bounce rate was very high. By looking more closely at the blog, I found that the main reason for the high bounce rate was poor site navigation and a lack of user engagement. I felt that with a little effort, I could bring the bounce rate back to a normal level.Average visit duration: Again, I wasn’t satisfied with this data, since it was lower than my other blogs’, so I had to look a little deeper to find out the reasons for it. The reason for the low visit duration was, again, a lack of reader engagement.

The key lesson here is to check the blog’s stats, not only to get some idea of what the blog is worth, but also to determine where you can improve the blog, and how. This will help you get an idea of how much time you’ll need to put in to improve things, which will help you to come to a decision about whether to buy or not.

Believe me, getting traffic is not a big deal today. Just Google “buy traffic” and you’ll see tons of services that offer you 10,000 visitors to your site for just $20.

The only way to make sure that the traffic to the blog is original and of high quality is to look at the traffic source stats of the site’s Analytics reports.

Before I bought it, WPBlogTips.com’s traffic was highly dependent upon Google and other organic sources. This is both good and bad.

The good thing is that we can say this blog has high targeted traffic.

The bad thing is that whenever Google updates it search algorithm, chances are high that the traffic will drop—if not almost disappear.

One of the things I discovered as I looked at this data was that Facebook and Twitter aren’t in the top ten traffic sources. The main reason was that the blog had almost no social presence. It did have a Facebook page and Twitter account, but there was no reader activity in these forums.

Another thing I found was that when I excluding Google from the mix, there was no strong referral traffic source. Likely reasons were a lack of networking and link building. So obviously I would need to focus on building these elements after the acquisition.

The interests of a blogger may vary time to time. It is quite common for a blog to have many transitional stages before it reaches to its “present” state. For example, WPBlogTips.com was obviously in the “blogging tips/internet marketing” niche, but the previous owner had also published many articles that had to do nothing with that niche.

So before buying a blog, it’s important to find out what all of the popular pages of that blog are. Sometimes the blog you are about to buy may have high Google ranking on topics other than its main focus. Let me explain.

Imagine that you are buying a blog in the internet marketing niche. Your main goal in buying that site is to sell SEO services without paying a penny for advertisements or making any extra marketing effort.

Now, what if that site has a low rank for the specific keyword you are targeting—the traffic’s coming through comparatively off-topic posts? Or, what if most of the blog’s audience is actually interested in a topic that’s off the main topic of that blog? If you don’t intend to maintain that off-topic focus in your content, you may well lose a large chunk of the blog’s loyal readers.

So it’s important to understand the exact nature of the audience for the blog you’re researching.  Find out which are the popular pages on the blog, and ask for content keywords  lists from Webmaster tools. This information gives you a very precise idea about the interests of the blog’s audience, and on which keywords Google ranks the site well.

Most of the readers of the blog I was researching came to the site through search engines. Because people were getting the exact thing they were looking for, they weren’t returning to the blog.

I could see that if I added related articles lists to every post, that may catch the eyes of readers without harming the user experience, and increase the blog’s time on site metric and repeat visit potential.

I also noticed that a few of the off-topic posts on the blog had received some Google juice, but I was planning to remove those, so that didn’t factor into my buying decision.

Another problem I found was that the blog wasn’t ranked well on Google for any relevant long-tail keywords. This was especially a problem on the Services page, so I couldn’t expect many client requests to buy those services. I thought this may because of a lack of effective link building, but it meant that, to begin with at least, I’d need to buy traffic from Adwords.

A couple of months ago Flippa introduced a new feature called the Verified AdSense Report, which is similar to the Verified Analytics Report. This feature is hugely helpful for buyers, since it means they don’t need to rely more on screenshots of AdSense income provided by the seller.

However, there’s still no way to verify PayPal earnings like there is with AdSense. So while deciding how much a blog is worth, as the buyer, you still have to rely on screenshots provided by the seller, no matter whether you’re buying the site through Flippa or independently.

That said, I would always prefer to buy a blog that is under-monetized and has massive traffic rather than a blog that has decent traffic and makes a lot of money. There are two reasons for this.

When you’re calculating how much a site is worth, it is common to give preference to earnings over traffic.

This means that the higher the earnings of a website, the more you will pay to acquire it. The problem is that as a buyer, I can’t be 100% sure that the data provided by the seller is true, unless he gives full access to verify the payments, which is almost impossible.

So the risk here is that the seller’s not being truthful about the earnings, and if you base your valuation of the blog on a false earnings figure, you’re going to lose out.

Recently I came across an article by Daniel Scocco entitled, Where there’s traffic, there is hope. In it, he explains his experience of buying two different blogs: Blog A, which had high traffic but was under-monetized, and Blog B, which had decent traffic and earned a lot of money. Due to fluctuations in search ranking, the second blog’s traffic dried out, and so did its earnings. Blog A, on the other hand, continues to make a profit.

So I repeat: where there’s traffic, there is hope!

The blog’s owner had not tested any monetization methods on WPBlogTips.com. He tried to sell blog migration services from the site, but didn’t have a nice portfolio to support the work.

I felt that his offer was not unique. Hundreds of different blogs provide Blogger-to-WordPress migration services, and there was nothing to make his service stand out from the crowd.

Soon after the acquisition I started an AdWords campaign to promote those services. To make this offer unique I offered free Blogger to WordPress migration. The only catch is that the client must buy Hostgator hosting through my link, so I still gain income, in the form of affiliate commissions.

Currently, I’m also testing AdSense units on that blog. I will be testing how those units work and, if they’re a success, I’ll continue to use them on the blog. I am not a believer of quick money making schemes. Making money from a blog definitely takes time.

I also started an email newsletter subscription on the blog. Email lists will definitely help me monetize this site in the long run. In coming months I’ll also try selling direct ads. However, I’m not hurry. I’m currently focused on attracting more traffic and making readers more engaged with the blog.

Most first-time sellers won’t have any idea when it comes to deciding how to set the price for their blog. In fact, sellers frequently overestimate the value of their blog, since they have an emotional engagement with it and have spent so much time and energy building it up.

Many people suggest that setting a price using the monthly income of your blog is the way to go. But for a buyer, to be honest, this kind of equation doesn’t make much sense.

For example, imagine that Darren decided to sell Problogger.net. Do you think that he would be willing to sell it for 24 times the monthly income? No way. He’d want more than that, for sure. On the other hand, imagine you own a blog with no reputation, and you wanted to sell it for 24 times the monthly income. As a buyer I probably wouldn’t be interested in paying such a big price for a blog with no reputation.

In simple terms, buyers value the reputation of a blog—as that impacts reader loyalty—sometimes more than the history of earnings or traffic stats.

As I mentioned, WPBlogTips.com hadn’t been monetized. Yet the seller wanted a very high price. After some negotiation, I bought it for 37% of the initial price he’d set.

All of the negotiation was done over email. However, after we agreed on the price, I made a phone call to the owner. Why? Because it is nice to establish a good relationship with the guy who you are dealing with—especially when you’re about to transfer large sums of money in exchange for an asset like this.

The safest payment method for buying or selling digital assets online is to use a third-party service like Escrow.com—especially if both the buyer and seller don’t share a high level of trust.

The buyer can create an account on Escrow.com and transfer the money to this account. Escrow.com will hold the payment until the transaction of property is complete and both parties flag that they’re happy with the outcome.

The seller of WPBlogTips.com is Indian, like me. This helped to make me confident about the transaction.

Even if a problem did arise, the law we would be dealing with would be our national law, not other international treaties that may not be consistent across nations. I felt pretty confident that no problem would arise because I knew the seller has good reputation as blogger, and he would continue to run other blogs after the sale, so he wouldn’t want to tarnish his reputation online. My due diligence had paid off here.

I told the seller that, as a first step, I’d pay half the price we’d agreed. After he received the money, he’d transfer the ownership of the blog to me, and after that I’d pay the balance. We didn’t use Escrow or similar services, and for us, everything went smoothly.

Even if you are buying a blog that has a lot of good content, nicely targeted traffic, and a massive community you might need to spend your time building content.

Sometimes the previous owner may have a personal approach to the content. In such cases, the challenge for you will be to write more content without boring the community, or losing them altogether.

How can you enhance your readership by helping readers, and thereby growing the community on your blog? To get clear idea, answer these questions.

Will you have time to spend on your blog writing content?If not, is it profitable to hire a freelancer? Will accepting guest posts enhance your community?

The old owner had accepted and published many guest posts on WP Blog Tips. But my strategy is different. I wanted to bring more visitor engagement to the blog, so I stopped accepting guest posts and started writing every post myself. This really helped. The comment counts increased and an interactive community started to grow up around the blog.

As I mentioned earlier, there were many off-topic posts on the blog. I won’t be deleting those posts, because I hate to be landed on 404 pages and expect the same goes for my readers. But I will be developing a more focused content approach going forward.

Buying a blog is not a tedious task—at least, it is not as tedious as building a blog from scratch! If you do it correctly, buying is breeze.

WPBlogTips.com was not properly monetized before I acquired it. I am not looking to sell it in future, so this will be my main online project as of now. My goal is that within a year I can make the money I spent to buy it.

Here are a few other tips I learned in buying a blog that I believe will help you.

Respect the seller’s work: Yes, you’ll need to ask the seller for different stats, but make sure that you always respect the seller and their work. Understand that this has benefits for you both. The rule of thumb is to give respect first; only then can you expect to get it back.Beware of “potential”: Don’t get obsessed with the supposed “potential” of the blog that the seller might be keen to show you. Most of the sellers have habit of claiming that their blog has huge potential, in an effort to make huge money. But the fact is that they would be unlikely to sell the blog if it had massive potential. So rely on the stats, and your assessment of how well the blog fits your skills—not on the “potential” the seller describes.Analyze the performance: When I bought my blog, I found that its bounce rate was very high. I was sure I could improve it a lot with little effort. So it’s important to carefully analyze the blog. Learn how you can improve the overall performance of the blog and what strategy you can implement to monetize it further. This will help you to gauge the potential of the blog for you, specifically.Start networking: A couple of months before I acquired the blog, I started networking with other bloggers in the same niche by commenting on their blogs. The result was that those bloggers who I interacted with have helped me out by spreading the word about the blog, and commenting on my blog. This not only increases my traffic but it also helps me to build an interactive tribe on the blog.Remember, you can buying outside Flippa: Flippa is one of the best places to buy a site. But if you are serious about buying I’d suggest you look beyond Flippa. You can find tons of sites for sale—try searching on Google with keywords like “ website for sale”, “ site for sale” and “ blog for sale” using double quotes.

One final tip is to ask a blogger directly if they are ready to sell their blog. They may not consider selling until you ask! If you can’t find any recent posts or activity on a blog, chances are high that the blogger might be busy with some other work and would consider selling it. Believe me, this strategy works, and asking costs you nothing.

Have you ever bought a blog? I’d love to hear your story in the comments.

Contributing author Shahzad has recently bought a blog WPBlogTips.com where he writes about unconventional blogging tips. Find his free guide on buying and selling websites here.


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Blog Design For ROI: Keep On Fixing, Keep On Fixing

Gab,

I can’t agree with you more – designing your blog can be really overwhelming! (even for an experienced designer like me!)

A couple of days ago, I got started with designing my site Pros and Cons of School Uniforms.

I laid out the plans and designs to follow on a piece of paper a couple of days ago because I just knew how complicated things may turn out if I don’t plan things ahead.

But when I got started, things turned out to be much complicated than I thought because I’m customizing the very templates Blogger has on their site, and I never really thought it could be very tricky!

I’ve gotten around it now, though and I have to say, it’s a really rewarding experience because I was able to come up with a unique template of my own liking, that I could also even use for my other projects.

Regarding the ROI though – that’s actually something I’m worried about right now.

I’m only following the same layout I’ve seen on a friend’s Adsense CTR template, but even with that being said, I still don’t feel 100% comfortable with it just yet because for one, our templates are not 100% the same to begin with. I’m not so sure I’d be able to achieve the results I’m anticipating for.

I’ll be checking out the links you laid out in here.

Oh, and also, I’d like to add:
Actually, the tweet conversation up there sorta reminded me of my first blog.

Long ago, when I was still a newbie to the blogosphere, was able finally build my own blog – not very big, but I was lucky enough to have some of the most loyal readers for small blogs like mine.

But one day, I just had to shut my website down. It all started when I promised my readers I’d do a design makeover: “Hey, guys! I have a surprise for everybody – it will be up on the blog next week! Make sure to subscribe for updates.”

But I wasn’t able to do that in the first week so I had to apologize, extend again to the next week. And then the same thing happens over again, and so we’re onto extending the whole thing again ’til next week.

And that all started when I got so intimidated by the design of other blogs in my niche – I mean, man theirs were just really awesome as compared to mine – making me pull off the silliest decisions like this one: I just had to do the same design for my blog. Yes, like implement the same elegant ProBlogger design on my blog.

If I can’t, how can I be one of them?! and what’s the point of even getting started with any of this if I can’t be like any of them (again, I was a total newbie, then)

But of course – as expected from a total newbie to blogosphere, all the more from someone who had the most trouble navigating around WordPress and took ages to do so + close to nothing experience with any coding language at that time, things just didn’t turn out as I expected. Heck, it turned out much worse because I ended up turning the website down until the domain and webhosting expired.

But just like designing the blogger templates mentioned earlier, the experience, though learned the hard way, is very much rewarding. :)

Cheers,
Tyler


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20+ More Bloggers to Watch: The Readers’ Choice

It’s been nearly a month since Bloggers to Watch in 2013 was published. We had a fantastic response, including some compelling recommendations via the comments section and around the web.

Telescope Image courtesy stock.xchng user saavem

This post presents all the bloggers that people have highlighted over the past few weeks.

If you want to read a genuinely very funny Dad blogger then you can’t beat Mark Richards.  The blog has only been live for about three months but it is fast getting a strong following in the UK. It’s a mix of current posts (Mark’s kids are all teenagers now) and flashbacks to when they were younger and the only thing he had to worry about was whether they’d eat their carrots. Highly recommended to all parents.

via Charlie Plunkett

Jacob King loved Matthew Woodward.  He said:

Guy is a beast. Teaching so much about link building some of his stuff I don’t even want to share.

What do you guys think? Have you ever come across a blog so good that you wanted to keep it a secret?

I’d also include Tsh Oxenrider of Simple Mom. She’s been around a while, but I’m always eager to see where she goes next.

from Tara Ziegmont

One blogger I really enjoy is Katie from Wellness Mama. She’s a health and nutrition blogger, but does a great job of getting readers involved with her posts.

via Shea

“An older blogger who is an accomplished and wise writer. He blogs regularly at The Happy Seeker. I highly recommend checking him out!”

via Dave Rowley

She’s a fitness fashion trend expert and women’s active lifestyle blogger. Bianca is the creator of MizzFIT.com where people can find fitness fashion and health & wellness news. She’s truly inspirational and empowers women to work out, feel sexy and how to live an active, and strong life.

via Emily

Alison Elissa Horner had some great suggestions:

I really like Brooke Castillo’s blog. She doesn’t post super regularly, but her simple, direct posts remind me of this quote.

“In a room where
people unanimously maintain
a conspiracy of silence,
one word of truth
sounds like a pistol shot.” -Czeslaw Milosz

I’m also a fan of Jenny Shih’s blog.  She has thoughtful posts and tips for being an entrepreneur. She’s an excellent teacher because she walks you through new ideas step by step.

Mara made the following recommendation:

Three women, including myself, were asked to speak as we’ve each had great success in less than two years. We’d love for you to check us out:

Therese from the Unlost had a couple of interesting ideas:

She highlighted her move-lah concept has an idea to encourage people to take action: “All my products are payable– in full or in part– with “Move-lah,” the world’s newest form of currency, which is designed to help people move and take action on the concepts they’re learning.”

She also recommended Nicole Antoinette as a “smart, witty, and, well, funny” blogger.

Eden Riley, one of this year’s bloggers to watch, recommended we keep an eye on Karen. She said that the blog was:

one of the best and beautiful blogs ever, written by buddhist monk and mother Karen Maezen Miller. Run to her words—I did.

R Siemienowicz recommended that we check out…

…the visual diary of photographer, illustrator and author Garance DorĂ©. He said she has “the best and most genuinely arresting voice among #fashion bloggers.”

I recommend you read her recent article where she explains the philosphy behind her blog.

There were also three useful blog posts curating interesting bloggers:

No list post can ever cover all niches and communities. Bloggers vary widely in age, race, and gender. Having said that, there were two types of bloggers that people sought recommendations of:

examples of Asian bloggersbloggers aged over 60.

Do you know of any interesting bloggers in the above demographics? Or do you know of a niche/community that you feel isn’t represented enough in the wider blogging community?

Let me know in the comments. It will help shape the type of bloggers that I feature here throughout this year.


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Followers