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Fire Your Boss!!1
           Blog revenue that makes sense for 2009




with Yongfook of      ~ a digital business incubator, based in Tokyo
BUT FIRST, A
COWARDLY DISCLAIMER
Now I can say everything I need
in 140 chars or less.
Earned $1039 in his best month.
Some people are making money
from blogging, it seems...
Some people are making money
from blogging, it seems...
Some people are making money
from blogging, it seems...
Some people are making money
from blogging, it seems...
Some people are making money
from blogging, it seems...
!
Advertising is not a way to
monetise your blog, it is a way
for someone else to monetise
your blog.
Difficulties of building a massive audience

•Fragmentation
•It takes a long time

•Massive audience scale
 brings new problems.
When this story broke, it was both factually
incorrect and damaging to the reputation of the
                 sole source.
Yellow Journalism / Sensationalism /
Manufactured Drama:

Top-earning blogs indulge in this because the
advertising model rewards it.
How do you want to grow in 2009?




                     or




  Audience Size                      Profit

              PROTIP: Aim for this
What’s the revenue
model?
Things have been free for so long
we’ve developed an “entitlement”
mentality.



     WTF, I have to PAY???
Audience Size



 Free       Paid
Audience Size



 Free       Paid
Audience Size



 Free       Paid
As bloggers you are already creating content.
You write frequently.
You write authoritatively.
You know what audiences respond to.
You have a built-in audience already.
But who the hell is going to pay for my content?
    We have to get over the notion that people won’t pay




                                        Niche
     Trust
             Authority
                  Convenience
     Regularity
                       Impulse
      Benefits
                         Vanity / Improvement
What can you write about that you
are an expert on?
The nicher the better. Be granular.
+
           Your blog (always free)              Your niche eBook @ $30




✓ Everyone has a book in them!
✓ You’re an expert on something no matter how niche.
✓ You aren’t selling just to your blog audience, you’re selling to everyone
  coming in from search engines. Someone, somewhere will buy.
✓ How many books would you need to sell to earn more per month than
  the ads on your blog?
+
          Your blog (always free)          Your eLearning site @ $30 p/m




✓ Can you teach something in the form of a course?
✓ You’re an expert on something no matter how niche.
✓ How many subscribers before you have a stable monthly income?
THE MATH
      Subscription Fee         Members   Revenue Per Month

$10                      20                    $200




      Subscription Fee         Members   Revenue Per Month

$30                      50                   $1500




      Subscription Fee         Members   Revenue Per Month

$50                      100                  $5000
You


                                                      Your eLearning site @ $30 p/m

this is not a full time job, but this might be.




Your eLearning site @ $50 p/m   Your eLearning site @ $50 p/m   Your eLearning site @ $50 p/m


                                 $15,000 p/m
thousands x $100 p/m = $x million p/year
US$10 million p/year
One of their properties = $2.5 million p/year
Profitable from day 1.
What scales vertically?
Tools

http://www.amember.com
http://www.mailchimp.com
http://www.aweber.com

http://www.mindvalley.com
http://www.teachingsells.com
http://www.waterfrontmedia.com
You can ask me about this or any of
the other stuff. Happy to chat.

View / Download this presentation:
http://www.slideshare.net/yongfook
CEO of
http://www.yongfook.com
                                           Digital Business Incubation
                                              http://www.egg-co.com
                                    http://www.opensourcefood.com
                                           http://www.sweetcron.com
                                                http://www.rippl3.com

           Coming soon - an easy-to-use tool related to the stuff I talked about today...




                                                                    http://www.rippl3.com
Thank You!
If you need to get in touch, for the rest of my trip I can be
          found sitting in front of a bowl of this:

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Fire Your Boss

  • 1. Fire Your Boss!!1 Blog revenue that makes sense for 2009 with Yongfook of ~ a digital business incubator, based in Tokyo
  • 3.
  • 4. Now I can say everything I need in 140 chars or less.
  • 5.
  • 6. Earned $1039 in his best month.
  • 7. Some people are making money from blogging, it seems...
  • 8. Some people are making money from blogging, it seems...
  • 9. Some people are making money from blogging, it seems...
  • 10. Some people are making money from blogging, it seems...
  • 11. Some people are making money from blogging, it seems...
  • 12. ! Advertising is not a way to monetise your blog, it is a way for someone else to monetise your blog.
  • 13. Difficulties of building a massive audience •Fragmentation •It takes a long time •Massive audience scale brings new problems.
  • 14.
  • 15. When this story broke, it was both factually incorrect and damaging to the reputation of the sole source.
  • 16. Yellow Journalism / Sensationalism / Manufactured Drama: Top-earning blogs indulge in this because the advertising model rewards it.
  • 17.
  • 18. How do you want to grow in 2009? or Audience Size Profit PROTIP: Aim for this
  • 20. Things have been free for so long we’ve developed an “entitlement” mentality. WTF, I have to PAY???
  • 24.
  • 25. As bloggers you are already creating content. You write frequently. You write authoritatively. You know what audiences respond to. You have a built-in audience already.
  • 26. But who the hell is going to pay for my content? We have to get over the notion that people won’t pay Niche Trust Authority Convenience Regularity Impulse Benefits Vanity / Improvement
  • 27. What can you write about that you are an expert on? The nicher the better. Be granular.
  • 28. + Your blog (always free) Your niche eBook @ $30 ✓ Everyone has a book in them! ✓ You’re an expert on something no matter how niche. ✓ You aren’t selling just to your blog audience, you’re selling to everyone coming in from search engines. Someone, somewhere will buy. ✓ How many books would you need to sell to earn more per month than the ads on your blog?
  • 29. + Your blog (always free) Your eLearning site @ $30 p/m ✓ Can you teach something in the form of a course? ✓ You’re an expert on something no matter how niche. ✓ How many subscribers before you have a stable monthly income?
  • 30. THE MATH Subscription Fee Members Revenue Per Month $10 20 $200 Subscription Fee Members Revenue Per Month $30 50 $1500 Subscription Fee Members Revenue Per Month $50 100 $5000
  • 31. You Your eLearning site @ $30 p/m this is not a full time job, but this might be. Your eLearning site @ $50 p/m Your eLearning site @ $50 p/m Your eLearning site @ $50 p/m $15,000 p/m
  • 32.
  • 33. thousands x $100 p/m = $x million p/year
  • 34.
  • 36.
  • 37. One of their properties = $2.5 million p/year
  • 38.
  • 42. You can ask me about this or any of the other stuff. Happy to chat. View / Download this presentation: http://www.slideshare.net/yongfook
  • 43. CEO of http://www.yongfook.com Digital Business Incubation http://www.egg-co.com http://www.opensourcefood.com http://www.sweetcron.com http://www.rippl3.com Coming soon - an easy-to-use tool related to the stuff I talked about today... http://www.rippl3.com
  • 44. Thank You! If you need to get in touch, for the rest of my trip I can be found sitting in front of a bowl of this: