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How To Plan Your Week Making Money At Home

How To Plan Your Week Making Money At Home is an interesting article with some practical tips on how to have a money making week at home on the internet…



‘Is it really possible to earn a 6 figure income on the internet? The answer to that is yes, but not everyone will do it! WHY?

The biggest lie told everyday on the internet is you can make money at home doing nothing.

“Join my program and I will build your downline for you. I do all of the work. This is so easy anyone can do it in their underwear. Buy my book and you will be successful.”And on and on…. We have all fallen for this at one time or another.

My book shelf is full of books I have bought online and never finsished reading. Who has ime to read all of this stuff and still actually work at making money?’

Internet Ad Spending Hits New Heights

ClickZ reports‘Internet ad spend topped $2.4 billion last quarter, according to the quarterly “Internet Ad Revenue Report” conducted by PricewaterhouseCoopers (PwC) on behalf of the Interactive Advertising Bureau (IAB).

The third quarter estimates mark the eighth consecutive quarterly increase for the industry and the fourth record-setting quarter. Q3 2004 represents a 35.3 percent increase over the $1.79 billion of the year-ago quarter, and a 2.4 percent increase over the $2.37 billion of the previous quarter.

“Historically, the second and fourth quarters are the strongest in advertising,” said Greg Stuart, the IAB’s president and CEO. “That the industry bested Q2 revenues is testament to the confidence and success marketers have found in the medium. As the experts predict, the holiday season should be a merry one for the industry.”

Revenue for the first nine months of 2004 totaled slightly over $7.0 billion, compared with the $7.3 billion in revenue reported for all 2003. Based on these numbers, 2004 could be a record year, beating the previous $8.0 billion revenue record reported in 2000, according to Pete Petrusky, director of advisory services at PwC.

The third-quarter figures are an estimate, based on aggregated data from the top 15 online ad sellers. These results were extrapolated to calculate the total estimated industry revenue figure. Actual Q3 results will be appear in PwC’s full report, expected in Spring 2005.’



Read more at Report: Internet Ad Spending Hits New Heights

Pay Per Click (PPC) Blog

Cube Management’s Pay Per Click (PPC) Blog will be an interesting one to follow if you are thinking about promoting your blog in this way. As the name suggests its following all Pay Per Click news from around the web.

‘Pay-Per-Click is a powerful tool that companies can use to increase sales. Cube’s PPC blog offer helpful insights the multifaceted world of pay-per-click campaigns, focusing on relevant stories and issues that appeal to both PPC novices as well as expert Pay-Per-Click campaigners. Cube’s PPC blog aims to be the top pay per click resource on the internet.’

Found via PR Leap

Malcolm Gladwell on Human Nature

IT Conversations have a good recording of Malcolm Gladwell talking about ‘Human Nature’ which is well worth the read. It doesn’t directly apply to bloggers but Malcolm’s stuff has always been influential in the way I approach my blogging.


‘Malcolm explores why we can’t trust people’s opinions — because we don’t have the language to express our feelings. His examples include the story of New Coke and how Coke’s market research misled them, and the development of Herman-Miller’s Aeron chair, the best-selling chair in the history of office chairs, which succeeded in spite of research that suggested it would fail.’

These Traffic Numbers Are Real

‘Mention “audit” to David Barlin, vice president of marketing for I/Pro, a company that verifies audience data for about 500 small and medium-sized websites, and he practically gushes.

“They’re exciting,” he said, not at all defensively. “Really.”

That’s because he and the company he works for see a potential gold mine in independently auditing the traffic for all the sites that are not Google, Yahoo or MSNBC — the tens of thousands (if not hundreds of thousands) of commercial websites dedicated to niche subjects like business-to-business, chemical engineering, software development and online publishing. Since fans of these types of sites rarely make it to the mass portals, advertisers have been clamoring for ways to reach them.

Of course, Yahoo is fine if you want to peddle mass consumer items like, say, camera phones, vacation getaways and the latest Hollywood offering. But if you want to sell a new type of chip, manufacture routers or market a B-to-B website, you need to go straight to the people most likely to buy your product. To figure out whether a certain site will give a sufficient return on advertising, however, requires accurate traffic forecasts, something that has been lacking.’

Read more at Wired News: These Traffic Numbers Are Real

Minkmedia Launches UK Blog Network

Minkmedia is the latest network of Blogs to launch. This one is based in the UK and describes itself as:

‘Mink Media is a nanonpublisher. We publishe a series of weblogs (five so far) aimed at a British audience.



A weblog is a topical website, new stuff appears at the top, and it updates frequently (more than once a day). People are excited about weblogs (or blogs)–we basically think they are fun to read.’

Mink Media is run by Azeem Azhar and Shehnaz Suterwalla

They are offering a few opportunities for advertisers to partner with them – either as a premium sponsor (privately arranging banner ads etc), via Blog Ads or text ads via Adbrite. They are also running Google ads and Amazon affiliateships which is a good idea until they build up a high enough readership to run more premium sponsorships.

They currently have two main blogs running – these being:

- Wanda Lust – a blog about Travel

- Honourabloe Fiend – a blog about politics in Britain

They are open to being approached by bloggers wanting to join their network and I’ve no doubt we’ll see them add new blogs to their two current ones shortly.

Betting on Tools that Power Blogs

BusinessWeek has an interesting article that talks about another option for making money from blogs – through the infrastructure that makes blogs possible. They write –

While Web log entreprenuers search for a viable business model, venture capitalists are backing companies that make it all possible

Ask David Sifry when his little San Francisco startup called Technorati will turn a profit, and he laughs contagiously. No, Technorati, which tracks Web logs, or blogs, and will soon offer blog searches, is a long way from turning a profit. But it has big-league venture-capital backers like Draper Fisher Jurvetson and Mobius Venture Capital, and they’re willing to wait as blog entrepreneurs cast around for a good business model.

It may take a while. Truth is, the fledgling blogging industry’s business model is closer to a question mark than a dollar sign. Sifry would be the first to admit that he’s part of an industry in flux. “This reminds me of the Web in 1994,” Sifry says. “It’s an ecosystem that’s evolving and just being built.”

PICKS AND SHOVELS. Plenty of people are part of the building process. Sifry estimates that about 12,000 new blogs pop online worldwide each day. On about 10 million blogs today, writers are posting about 400,000 new items per day. That’s more than 16,000 per hour. The interest is out there. The question is: How can money be made?’

The Holistic Approach to Search Engine Marketing

Top Hosts have a very interesting article on Holistic Search Engine Marketing which is well worth the read. They suggest a multilayered approach that includes:

- Pay-Per-Click (PPC)

- Natural Search Engine Optimization (SEO)

- Website Conversion



‘The fact that these components are most effective when used in concert does not mean that each should not be tracked individually- of course they should. But do not be surprised when your returns on two or more of these disciplines used together are greater than the combined returns from the individual components used separately. And this presents a dilemma- a highly successful holistic SEM approach can make extracting exact ROI figures for each individual component difficult, since “the whole” has become “greater than the sum of its parts”. But as many savvy companies are discovering, this is a nice problem to have.’



Read more at The Holistic Approach to Search Engine Marketing

Internet Advertising Comes of Age

‘Volatility may no longer be the watchword of online advertising, according to DoubleClick’s third quarter serving trend report.

“What’s most surprising is it’s no longer surprising,” said Kathryn Koegel, DoubleClick’s director of research and industrial development, who chaired the survey. “With such a new medium, we have often grown accustomed to big changes quarter to quarter. Now we’re seeing signs that things are stabilizing. Online marketing is now reaching a kind of maturity.”

As a case in point, Koegel referred to rich media holding steady at 43 percent of total ads served for the third quarter, a level it has consistently held for most of 2004.

Click rates, too, remained stable for rich media and non-rich media alike. Rich media ads have stabilized at 1.17 percent, a full five times the rate for non-rich media ads. Overall, the average click rate was 0.62 percent for the third quarter, an uptick of 11 percent from the second quarter.’



Read more at After Years of Turbulence, Internet Advertising Comes of Age?

Fastclick Reviewed – Advertising suitable for high traffic Blogs



Fastclick
is a revenue stream that will be suitable for some highly trafficked blogs. We trailed it recently on our Olympics blog and found that with the levels of traffic that we generated at the height of the games that it out performed all other revenue streams on the site including Google.

They offer a range of ads – mainly paying on a per impression basis. Pay outs depend on the ad size, style and content but are generally very very small. As a result a blog with only a small amount of visitors would probably find it more hassle than its worth to register and run with.
[Read more...]