SmartReMarxcom

Blog Profitability in the Age of Market Saturation

Mar 23

AndrewBusiness, Life in Digital Ads, Blogging, money 1 Comment

Every fine, computer-savvy individual has a blog these days. Many of them exist (however overtly or not) to make income, to host ads, or to sell a product. For the record, I myself am hocking a book called What Do You Say to the DJ? but I don’t make any money from ad service on this site particularly.

When smartremarx.com was first published as a blog, the ad service was intended as much for an experiment to see if I could make money as to give the site a “professional” vibe. At the time, ads distinguished the site from a livejournal environment which for years was the blog standard. The numbers in the beginning (both subscribership and impressions) weren’t large enough to generate any useful income; we are talking pennies a day. Though both subscribership and impressions have increased, the income has never materialized, largely because I refuse to follow the gold standard for blog success.

The blogs with the most success have found a profitable niche, one central theme that dominates every post. As the market has become saturated with blogs, a few have managed to rise above as leaders even within an oversaturated market place, by tenacity, volume or ingenuity.

Now imagine writing about every possible topic depending on the whim of the day and the way the wind blows, and you have yourself a corner store of blogs. That is the paradigm that smartremarx has followed since the first day. As a model for profitability, I don’t recommend it. As the blogosphere has become a crowded place, there is nothing that distinguishes my writing from anybody else’s except…me. So no longer am I looking to advertise a niche expertise, but I’m essentially selling myself as the main attraction. In fact, at some point, it could easily become a sort of Seinfeld model, about nothing at all whatsoever.

To make profitability even less likely, just about every website out there, whether it’s a fan page, a news service or entertainment site is running ads across its flanks. The saturation of ads has made readers virtually immune to them. No amount of placement or design is going to make earning ad revenue any easier in the future.

I have thought trying to follow the model that generates income. I know from experience, that I get the most hits when I write about Dunkin Donuts. Believe it or not, that single topic has probably made 40% of the revenue I have generated from this site since its inception, even though the number of posts on Dunkin Donuts has been about 4% of the total. It illuminates to me that model can work. The secret isn’t that much of a secret. It starts with writing about what people want to read about; and if you do it well, you create search hits and increase traffic to your site. Increase the frequency of your content without decreasing the quality, and all of the sudden, you have a model for profitability. (Of course, the dirty secret of any blog is that most of the information is stolen and tweaked from somewhere else on the web, but if that is the only way you can generate content, that’s between you and your readers).

There are many ways to refine the model from that point, but the essence of how to make it work requires a niche focus, reliable content and readership loyalty. Of course, if you really want to be an income generating site, you also need scalability, search engine website site optimization and other tools.

Ironically, I am afraid that if I stick to the model too closely, it will degrade the product itself. On this website at least. After all, if I can’t stick to a topic from one week to the next, forcing myself to do so may eventually reflect negatively in my writing. That leaves me, for better or for worse, writing on whatever hits my fancy on any particular day. It won’t make me money; I think I’ve known that for a long time. In the absence of a profitable strategy, I would need a phenomenal boost in traffic to see revenue gains. A long term goal, maybe.

But hey, in the meantime, there is always that book to promote.