Monetizing the Blog – the Natural Desire
Let’s say you’ve got a business selling shoes. You’ve done the research, and promoting your own narrow niche of shoes online. Then you added a blog, and fresh original content. You’ve also got e-commerce on the site, where you SELL those shoes that you promote.
Now you’ve got a flow of customers flocking to your blog, reading the latest about shoe fashion. Then you figure, “Hey, sales are down, but blog traffic is up – I’ll monetize my blog!”
How Adsense Works
Google Adsense looks at the content of your blog, in realtime. It then matches up clients how are buying advertising (them) with clients who are selling advertising (you). They place ads on YOUR site – this not to be confused with Adwords, where you are the one paying. By placing ads on your site, you are effectively selling advertising on your site. Google keeps a portion of the revenue generated by the Adwords campaign, and passes on a portion of the revenue to you. Sounds great!
Here’s the dilemna – Adsense looks at all of that content, and says, “shoes”! It then places ads of your competitor selling shoes on your site. Whoa – we don’t want to sell other people’s shoes – we want to sell our own shoes!
Sure, someone may click on the ad, effectively giving you SOME money – but in most cases I gotta believe you’d make more money off the sale of the shoes instead of the ad.
Solution
Why not focus on converting your own sales instead? You might say, “But, Brent – you can disable those competitor ads in Google Adsense”. Yea, fine…but what a pain in the butt. How can one monitor all the different ads that appear on your site, and then investigate each link? Maybe you are focusing on the WRONG google tool for this scenario.
Sign up for Google Analytics, and see what your bouncerate is. As defined on wikipedia, a bounce occurs when a web site visitor only views a single page on a website. The tool can also tell you what percentage of people are dropping off as they proceed thru the online sales process. That will tell you where to start making your tweaks. Things to look for:
Is the page loading too slow?
Am I communicating where they are in the purchase process?
Are people abandoning their filled shopping cart?
Is it FUN to purchase on your site, or does it feel clinical?
I really think that Adsense is great for bloggers who are NOT selling what they are blogging about. There’s a reason why certain Adsense keywords pay more – it’s because their actual sales of the product generate revenue! That drives the ad prices up. So why not increase that actual sale for yourself?
Let me know by your comments – how do YOU handle this situation?