If you would observe the company that delivers the daily paper for a business case study, you will come to learn that the newspaper publisher hires reporters, writers and other important staff to create the contents and deliver the papers to their readers. In addition to the above mention, the publisher has to invest regularly in heavy duty machinery and tons of papers in printing tons of newspapers on a daily basis. And in order to ensure that the newspapers are delivered on time, the publisher appoints agents at every part of the covered territory.
So, how does the newspaper company make money? It is obvious that selling a copy of the papers at less than N200 would not even be able to even fund the operations. The answer? Selling advertising spaces! You have definitely seen lots of advertisements in the newspaper. The publisher simply sells advertising space in the papers to advertisers who want to leverage their advertising efforts on the paper’s high readership.
On the same analogy, you can make money the exact way from your blog, newsletter, forum etc simply by selling advertising space to prospective advertisers! If your subscriber’s size exceeds 1, 000 subscribers, you can start selling advertising space for say, N1, 500.00 per sponsor ad. You can check out our Advert prices for prices specification.
In this manner, you turn every blog update you send out to your subscribers into a profit-pulling device. And since there is virtually no end to the stream of advertisers as products, services and businesses are cropping every single day in every industry imaginable, so are your money making opportunities. You need to have stuff to offer before you can really get advertisers. This is because advertisers will always look out for the returns ob their advert investment.
To make the most from selling advertising spaces on your blog, newsletter, forum etc, you will need to have a lot of traffic. No traffic, No adverts. In addition to this, you will need to be consistent. Nothing drives people away like a dead blog, newsletter, forum etc. Traffic is what would serve as a backbone for you to get advertisers.
So in short, you need a subscriber base of at least 1, 000 and you need to get consistent traffic to your blog before you can successfully make money from selling advertising space on your blog. Without that, you can’t make anything. We do offer advert spaces on Make Money Online Nigeria. If you need help with traffic generation, please read through the posts you will find on our Traffic Category
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