I have been getting lots of emails and a couple comments from people after I made my “I just want to talk, heart to heart” post. The emails have been really encouraging and it gave me the idea for this post so props to all my readers!
I thought about how I really have it good compared to a lot of people. I mean here I am saying I have no post ideas and that I don’t feel like working yet money was coming in from this very blog.
As soon as I realized that I got a new life and am now all of a sudden out of my slump!
“I will be posting content for you all asap, but I may do less post per week as I said and just make them longer guides for now. Only time will tell how things go.. Back on topic now”.
While I basically made zero posts on this blog for 2 weeks I generated over $300 this month in ad-sales from the side-bar, header and in content adverts you see. Not only that but I have some other people wanting ads in slots already pre-paid for the coming months.
Is this just luck? No, I have put time into this resource known as Infected By Bugs and now its paying off.
Anyways… The point of this post is to give you all a little update (which I just did above) and now its time for some meat you can really chew on. I wanted to provide you all with 5 tips to make money when the supposedly the economy is doing really bad.
Tip 1 – When times are tough try to get your community spirit going! This is what I did by making my post with the heart to heart talk, several of you commented publicly and privately I got several emails all telling me to keep the faith and they know I would get out of it. Its really encouraging to see your community respond and care about you!
Tip 2 – Develop a plan. I know its tough when the economy is rough to make a plan but guess what, when the economy is rough its your time to shine and make the dough, but don’t let you plan stop there. Develop a way to keep the advertisers once you get them even when the economy goes back to normal. I have done this by making a list and checking it twice with all there contact info and of course what they previously purchased that way I can return to them at any time and offer them the slot again with a discounted rate for being a past advertiser!
Tip 3 – Plan for Disappointment. In tip 5 I basically tell you how to get advertisers when times are rough but you also need to know that not everyone has money when the economy is down so be ready for a lot of people to turn you down. I once heard someone say they STRIVED on REJECTION, its going to happen sooner or later so get used to it and learn how to handle it guys.
Tip 4 – Don’t be crazy like I am. Seriously guys, just because I spill the beans on everything I do so you all can learn does not mean you have to. If you find an advertiser willing to pay you when the economy is down, dont feel obligated to tell your buds about them. Instead keep silent so they will keep paying you like your the only person alive and blogging anymore. I don’t do this because my name is out there and it would make me look bad but trust me you don’t have to follow my example.
Tip 5 – How to get advertisers when the economy stinks. This is it guys, the turning point is now, here is a 3 step A, B, C plan to getting advertisers when the economy is down. Ready? Go!
A. Generate a list of people to contact, email is fine but postal or cold calling can work even better. Get at least 20 companies on this list that you can contact.
B. Think of ways to monetize your blog for each advertiser. I have found that a lot of companies are willing to advertise if you offer them a new way to advertise that no-one else is doing. It allows them to try it out and maybe come out of the deal with a bargain! But don’t ever be afraid to push your already open slots.
C. Go Get Em Slugger. This is the hardest part, if your afraid of rejection, confrontation or making money then you are out of luck because its time to go get the advertisers. This is when you call them, email them whatever details you believe are important. Stats are always good and flaunting your rss subscriber count never hurts. Once you are in talks with the correct person at each company make a list of these people and send them the details. Do not let them get off the phone or stop responding to your emails until you get a yes or a no answer from them. The main key here is to get an answer and always have a backup lower price plan in the back of your mind just in case. Advertisers will be impressed with how organized you are and may try you out on the simple fact that you had all your ducks in a row!
And that right there is the A, B, C method to making money when times are rough! I guarantee it will work guys, just try it and don’t be afraid no matter the size of your site or blog.
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I caught your “heart to heart” blog post. I love it. I like what you’ve said here too.
I have been with my current employer for 6 years now. It is a government contract. Last year there was a scare when the govt cancelled half the hours on the contract. It never affected me because someone quit and I resumed her position\duties at that time. But Im afraid it may happen again. Should I be looking? Nice topic.
Once you are in talks with the correct person at each company make a list of these people and send them the details.
Do not let them get off the phone or stop responding to your emails until you get a yes or a no answer from them.
I take advantage of opportunities regardless of the economic situation. Getting rejected is okay as long as you move on and go to the next.
I thought I would leave my first comment. I don’t know what to say except that I have enjoyed reading. Nice blog. I will keep visiting this blog very often.
I don’t know what to say except that I have enjoyed reading. Nice blog. I will keep visiting this blog very often.
I have been with my current employer for 6 years now. It is a government contract. Last year there was a scare when the govt cancelled half the hours on the contract. It never affected me because someone quit and I resumed her position\duties at that time. But Im afraid it may happen again. Should I be looking?
hi thanks for nice posting .it blog is good and best them.
This is when you call them, email them whatever details you believe are important.
While I don’t really approach advertisers directly like you, I definitely agree that you have to have a plan and most importantly diversify your revenue. About 2 years ago, I had a very nice monthly income stream coming from one single source. Rather than diversify, I continued to build more sites to focus on this particular advertiser. Unfortunately, they went under and I: (#1) wasn’t diversified, and (#2) had no back-up plan. It took me about 6 months to replace that lost income. Now I diversify my revenue streams and have a back-up plan in place.
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