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How to profit from Blogging?

Now that you have understood what a blog is and how to get blogging, its time to make it pay. Blogging is a great way to enhance your online company’s bottomline. It is a popular and an easy medium and has potential of reaching millions.

Here are some tips for you to turn blogging into a serious profitable strategy.

1.Customer Interaction: A blog is a good means to keep in touch with your customers regularly. You can keep them updated on new events, happening in your company, new products and services and other developments. best part is that you can do it more cost effectively and in much less time than other methods like newsletters, customer updates and customer meetings. The elements of interactivity, community and collaboration are key here. Your blog can also serve as a platform for advertising, promotion and even internal communications. One well-known business example is software company Macromedia's use of blogging to keep customers updated on what's happening with its products.

2.Query management: With a blog you can receive and answer to customer queries more quickly than an email. For potential customers it is very important to have a sharp turnaround and you can do that easily with a blog.

3.Link to other sites: Linking your blog to other similar, but not competing, sites is a great way to get some free publicity and traffic for your online business. It is also one big reason why Search Engines will grab your site in their result pages. Ask any online entrepreneur what getting quality traffic to a website means and you’ll know what I am talking about.

4.Get Feedback: Getting feedback from your customers on your products and services, on your company practices and other things is one of most valuable resources you can build. With a blog, it is not just easier but also time saving for customers to leave feedback for you without filling complicated and mile long forms.

5.Get Google to work for you: Selling ad space is one of most popular revenue streams for online businesses. With Google’s free AdSense service it just got easier www.google.com/adsense. AdSense allows bloggers to display up to three content-specific "ad units" (boxes that can hold up to four ads each) per page. Each time a visitor clicks these ads, you get paid. Need more convincing?

6.Become an affiliate: Your blog can become a cash cow by using simple idea of becoming an affiliate for other websites. An affiliate basically carries a link to other site and each time some one clicks on that link, you get a small commission for it.

7.Donations: If you are running a blog that people love to read and keep coming back in hordes, why not ask them for some monetary appreciation?

Put on your thinking cap and let your imagination run unbridled. You will surprise yourself with number of ideas that will make your blog less of a personal e-diary and more of a digital cash cow. Blogging is a relatively new marketing arena for webpreneurs, but has immense possibility and potential. Be sure to get on to bandwagon early in game and reap your benefits later.