Blogging Your Way to Wealth

Check out my new guide for starting a blog to learn how to go about properly creating your own blog.

Previously I mentioned that I was open to other bloggers contributing to my weekly blogging tips series. At the time this offer didn’t generate much interest. I guess as this is mostly a personal finance blog fellow bloggers were more comfortable writing about finance topics. Still, I’d love to hear people’s stance on particular blogging strategies. I know my approach is far from the only approach one can use to succeed.

This week’s blogging tip is a guest post from my friend Steve who blogs at Money Infant. I recommend you check out his blog. He has a very interesting story of how he works online full time overseas. Sounds like a pretty sweet lifestyle to me.

If you’re new to this series, check out some of the previous blogging tips posts:

How You Can Blog Your Way to Wealth

There has been so much said over the past few years about getting rich as a blogger that the title of this post has almost become a cliché. Even so, while the blog-o-verse has become more crowded (Pingdom reports 87.8 million Tumblr blogs and 59.4 million WordPress sites in 2012), and competition is fierce, you can still blog your way to independence if not wealth.

One good example of this is Modest Money, and another is my own blogs Thailand Musings and Money Infant, which have allowed me to pick up and move halfway around the world to Thailand, where I’ve been living with my family for the past two years. I certainly haven’t blogged my way to riches yet by any means, but in conjunction with some good freelance writing gigs I have been able to replace my prior income from an employer with an income from my own efforts.

So, in the face of increasing competition in most blogging niches how does one go about creating money from blogging? While many beginning bloggers may think success in blogging is tied to writing ability, the fact is that even a marginal writer can create a large following and income from blogging. The only real writing ability needed is the ability to present your ideas in a clear and coherent fashion. It also helps if you are able to get into the minds of your readers and give them what they want (note that this may be different from what they need).

Even more important than writing ability for bloggers though is the ability to market, especially in the early days of your blog. The build it and they will come days are long gone on the internet and without a solid marketing plan no one will ever discover your blog, let alone become a regular reader.
Marketing takes several different forms, and there are a wide number of ways to market your blog. Some are more effective than others, but typically the most effective are those methods that you feel most comfortable with or are good at doing. What are some of these blog marketing techniques?

  • Commenting on related blogs. This is one of the quickest ways to generate traffic and get some followers for your own blog. Simply seek out related blogs and leave thoughtful and useful comments on those blog posts. The author of the blog is almost certain to check out your blog as will some of their readers…who may in turn become your readers as well. Plus it sets the stage for the next marketing technique.
  • Guest posting. After commenting on the same blog several times you may have developed a conversation or rapport with the blog owner. Even if you haven’t, they will at least recognize your name and blog. This is the perfect time to approach them and see if they are willing to accept guest posts from you. Guest posting has become a bit overused in some cases, but if you’ve taken the time to develop at least a minimal relationship with a blog owner they will be much more inclined to accept a guest post from you. They get good free content and you get added exposure for your site.
  • Sidebar links. These used to be effective as marketing tools, but these days I think they have diminished returns. Certainly never turn down a sidebar link, but these days it is of little use to actively seek them out. Some bloggers will add your blog to their blog roll anyway if they like your writing style. And you could always make a blog roll request after becoming a regular contributor to a blog.
  • Paid advertising. Most of us have no budget for paid advertising when starting out, so this is somewhat of an advanced technique. Unless you are in a high paying niche or have a product of your own to sell, this is not something you want to consider until you become somewhat established anyway. Plus, you should be adept at using your analytical data to track visitors and determine your ROI from paid advertising.
  • Social media. Facebook, Twitter, Google+ and other social media sites are great for getting your content shared, however they present something of a double edged sword. When you are just getting started you will have very few followers on your social media accounts, which means they provide very little impact. In fact, you may need to focus part of your marketing efforts on marketing your social media accounts before you see significant results from social media marketing. A bit of a Catch-22, but I never said this was going to be quick or easy.

In addition to the active marketing techniques there are a host of other things you can be doing to gain more exposure for your blog including targeting a specific type of reader, creating controversy around certain aspects of your niche, optimizing your blog for search engines, being honest and transparent, and optimizing your blog for your readers.

Whew! Seems like a lot of work huh? Well, it is and it will also require a lot of learning on your part. Technical learning about your blogging platform, marketing learning to get your blog brand in front of as many people as possible, writing learning to improve your posts and the impact they provide, and search engine optimization learning for more long term organic traffic.

Don’t let the amount of work discourage you from blogging though. When you consider that many people take four years to complete a college education only to graduate and start a career at dismal wages (if they can even find employment), blogging begins to look more attractive. While I can’t guarantee success, I would be willing to bet that a person who puts four years of consistent effort into developing and marketing a blog will be making considerably more after that time versus a new college graduate. It may not be wealth from blogging, but that level of effort can most certainly provide a living wage, and it’s fun besides!

Author Bio: This has been part of the blogging tips series and was contributed by . Steve has been blogging since 2006 and has been able to use his blogging success to create an independent lifestyle, moving with his family to live in Thailand for the past 2 years. You can connect with him on Google+, Twitter, and Facebook.

How You Can Start Freelancing at the End of This Article

How You Can Start Freelancing
Photo: the UMF

The following is a guest post from Martin of Studenomics, a place where he tackles financial issues and simplifies them so that you don’t have to stress about your money. If interested in submitting a guest post, please read my guest posting policy and then contact me.

Are you sick of your job? Do you finally want to break free and do something that you enjoy? Are you ready for a lifestyle change?

All my friends tell me about how they want to get into freelancing. They all want to be self-employed and set their own schedules. They want to be in control. Yet nobody actually does anything. They just keep on reading marketing blogs and discussing various random strategies.

Today isn’t about waiting around and making excuses. I want you to start freelancing at the end of this article. Continue reading

My Take on Tags, Categories and Meta Keywords

Tags, Categories and Meta Keywords
Photo: extranoise

Check out my new guide for starting a blog to learn how to go about properly creating your own blog.

It seems that every day I’m helping some blogger friends with questions related to blogging, SEO, marketing, monetization, etc. As much as I like to help people, I only have so much time. So a lot of times I’ll base my weekly blogging tips post on a specific question that someone asks me about via e-mail.

This week’s question was from a blogger friend of mine who runs The Passive Income Earner. He was curious as to my opinion of how to properly use tags, categories and meta keywords. While I already answered his question via e-mail, I figure I should share my opinion with all of you in case you weren’t sure about this either.

If you’re new to this series, check out some of the previous blogging tips posts:

Now before I get started talking about this topic, you should know that I have only been seriously blogging for about 15 months now. So a more seasonable blogger may have differing opinions, but I think I have a pretty good idea of how search engines would view such elements.

What’s the Deal on Tags, Categories and Meta Keywords?

Ok actually I have one more warning first. While I have feelings about a good approach with these elements, I haven’t been using these as well as I could be. So until I get a chance to go back and optimize everything, do as I say, not as I do :)

Categories

I admit this is an area that I have personally done a lousy job on my blog to this point. My posts could definitely be better grouped into more relevant categories. I smell a future project for my assistant.

Depending on your blog’s navigation setup, your category setup may be the most important type of post classification. Many blogs have links to each of their categories in their sidebar or have a drop down menu to jump to specific categories. So if you want to help your readers find content that interests them, you really should have a well thought out category organization.

If your category list is linked in your sidebar, I would advise against getting carried away with too many categories. Giving too many options just creates an overwhelming list that is tough to go through. Not only is that not user friendly, but it also might not be SEO friendly. If you have too many links on each of your pages, search engines might not follow all of those links creating internal PR distribution issues. It’s a good idea to keep each page to under 50 links total. Some people recommend under 100 but I feel that is spreading yourself too thin and would likely be cluttered.

So how you approach categories really depends on how your blog’s navigation is setup. If you use a drop down menu for category navigation, you can probably get away with using more categories. Also consider how many posts would fit into each category to determine if some categories may not be necessary. This does create challenges when setting up categories while your blog is relatively new. That’s my excuse anyway.

Post Tags

This is probably the classification element that a lot of bloggers aren’t quite sure how to use effectively. Essentially they are more specific categories, but you can get away with using a ton of different tags. They are also useful for blog navigation as a reader might be interested in more posts related to that specific topic. Because of this, you should be careful about creating too many tags that only apply to a single post. That would create less than ideal navigation.

The big benefit of both categories and tags is the potential to create internal links from very relevant pages. Search engines give more weight to links when the pages have your keywords in places such as the url, title and headings. Since they also give more weight to links from pages that have more links pointing to them, you should again try to avoid tags that won’t be used again.

You should be careful with tags since they have the potential to get rather spammy. Think of how it would look if you entered a large number of tags that are fairly similar. Search engines are going to see a lot of tag pages that have nearly identical content other than the keyword it is optimized for. This used to be a fairly popular black hat SEO strategy, but search engines have since developed ways to combat it. Top search engines can even detect synonyms to get a better idea of when this tactic is used.

Some bloggers choose to block search engines from indexing tag pages and/or categories, which might be a good idea if you are unsure of how to use them safely. Personally I let them index all those pages with the assumption that it is not in their best interests to penalize all blogs that make use of those features. I don’t want to lose the benefits out of paranoia.

The other thing to keep in mind is that you should avoid using your category names as tags. This would create pages that are extremely similar, much more so than using many synonyms within tags. For my blog I will need to deal with this when I setup a better category system.

Meta Keywords

These days I’m not too concerned about this html element. In the early days of SEO it was extremely important as search engines were a little too trusting in letting website owners tell them what page should be relevant for. After years of spam, meta keywords became almost obsolete. Some lower end search engines may still use them as a minor factor for rankings though. So if you really want to cover all your bases, you might as well use this html tag.

Since the meta keywords are not visible on your page, this is where you can use synonyms and phrase variations. Beware that using any words excessively might still hurt you SEO-wise. If you do use this tag, I suggest you stick with your most important keywords only, particularly ones that you want to rank well for. Anything too broad might be better as a tag instead.

For my own blog I have it setup to default to using the tags as my post meta keywords. If it is a particular important page I do put a bit more effort there. I wouldn’t waste time worry about it though. Just set and forget.

Summary

Really these ways of classifying your posts isn’t anything complicated, but there are some things to be careful with. Remember that if you aren’t satisfied with your current setup, you can always go back through old posts and refine classifications to keep search engines and readers happy. With that approach the only thing to worry about is emptying out existing tags or categories since that results in some page-not-found errors. Search engines don’t like that kind of sloppiness. So look into setting up page redirects if that situation arises. Maybe that’s better to cover in another post.

Does anyone have any questions about these elements? Was anything I mentioned in this post new to you?

Easy Steps to Make Blogging Work for You

Easy Blogging Steps
Photo: extranoise

Check out my new guide for starting a blog to learn how to go about properly creating your own blog.

This week I’ve got a guest post for this blogging tips series. Well actually this blogger submitted the guest post back in February but I haven’t had a chance to fit it in until today. Unfortunately he’s not responding to my e-mails and it’s been quite a while. So I’ve decided to post it anyway. Would you publish a guest post if the writer goes MIA?

Since I could use more guest posts for this series, I figured I should go ahead and publish it. It ties in with what I’ve been writing more about lately anyway…monetizing your blog.

If you’re new to this series, check out some of the previous blogging tips posts: Continue reading

Top Canadian Finance Blogs 2013 Final Round

Top Canadian Finance Blogs 2013
Photo: Jaypeg21

Early this year the 2013 edition of Modest Money’s Top Canadian Finance Blogs poll began. The poll started with over 80 blogs covering everything from general personal finance to debt to investing.

After about 3 months of voting, the first round of voting ended with a total of 4,793 votes from 3,829 voters. Amazingly one blog had 84% of the voters selecting them as one of their 5 favourite Canadian finance blogs. And no it wasn’t the blogger who dominated the 2012 poll.

For this poll the 1st round of voting does not carry over though. That way everyone can vote among the most popular blogs instead of just voting for their closest blogging friends. With this format the top 3 blogs should be much more accurate. Continue reading