A Reader Asks: “Why Can’t I Make Good Money Online?”

Yesterday, I received an email in my inbox from an SPI reader asking for some help. He said it was cool if I posted our conversation on the blog for others to read, but he wanted to remain anonymous for some reason. I respect his request, so for this post – let’s just call him Joe.

(I’ve condensed and edited the conversation below to get the point across)

Joe: Pat, I need some help. I’ve been a blogger for a couple of years now. I’m a fantastic writer and I believe I have premium content on my blog, but for some reason I’m only making a few dollars a month from my advertisements. I see that just your Adsense Advertisements alone on your monthly reports pull in upwards of $2000 and more. What am I doing wrong? Why Can’t I Make Good Money Online? Any advice? Please be honest. I want to succeed.

Pat: Joe, thanks for your email. I can tell by the fact that you contacted me that you’re really motivated and are willing to make some changes. A lot of people don’t even get this far, so kudos to you for asking for advice. I’ll do my best to help you out. I’ll go over to your blog and get back to you soon with a quick assessment.

(Reviewing Joe’s blog. By the way, this is starting to look like a screenplay for a really bad movie, lol)

Pat: I took a look at your blog, and I have quite a few things to say, if you don’t mind.

The first thing I noticed was that you’re writing about money. You’re already putting yourself at a huge disadvantage here because there are millions of blogs about money already – and so you have a HUGE mountain to climb if you ever want your blog to get noticed. You have blog posts about personal finance, stocks, mortgages, trends, bank accounts, retirement, cheap airfare, traveling. That’s a LOT of different topics. I do agree with you, however, you’re writing style is beautiful – but I don’t think you’re taking full advantage of your potential.

The reason I say this is because as long as you’re writing about several different topics, you’re not going to have a huge following. Yes, blogs out there do exist that talk about several money topics, a “one-stop shop” if you will, but they are already established and got in the game at the right time. In my opinion, if anyone wants to create a successful blog today, they’ll have to just specialize in one subject and become the “expert” on that. Just think, people search for very specific items on Google, and those are the readers you want.

If you write about one subject, your advertisements will be more specialized and will convert more. Your readers will be of a single mindset and you’ll be able to more easily cater to them and their needs using your expertise. Again, if you write about too many things, you’ll have the occasional reader, but no followers. The person who loved your article about stocks probably won’t be that interested in your article about cheap travel, if that makes sense.

I think with your writing ability and your motivation to succeed, you’re on the right track. Good luck finding that niche and working it.

Joe: Thanks Pat, that makes perfect sense. I’m going to spend a good amount of time thinking and narrowing down my subject matter. Any advice in regards to the design?

Pat: Well, I think once you figure out what you really want to write about, your design should change and cater to that particular audience. Design is important, and it should work hand-in-hand with the subject matter. So for now, I think it would be a waste for me to comment on your current design – except that it should change when you pick your specific niche. Let me know when you’ve figured something out, I’d be interested in seeing your progress.

Joe: Thanks Pat, you’re the man.

(End of Scene 1)

Some important lessons learned here in our conversation with Joe:

  • The only way to change is to first notice that you need it and then ask for help. Step 1 of the 12 step program: “Hi, my name is Pat, and I’m an alcoholic.” – I’m not, really, but you get the point.
  • It is not beneficial to write about many different topics, even if they are somewhat related. Narrow your focus and become the expert on that.
  • Really think about writing for followers, not for the occasional reader.
  • Design should work hand-in-hand with the subject matter.
  • And Joe, if you’re reading this, you really missed out on a chance to earn some followers by remaining anonymous. If you ever change your mind or would like to show off your updated blog in the future, please let me know. You can’t be shy online!!!

I realize you were not able to see Joe’s blog, but do you have any further comments for him? Do you agree with my responses?

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Dusty June 16, 2009 at 6:01 pm

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OK. Now I am interested in seeing what ‘Joe’ has to say.

If he has been writing for 2 years (and is still writing consistently), he must have something to say even if it is an overall theme (like CTB) instead of a niche type theme.

I agree with you Pat. He definitely missed out on the chance at a few new readers!

pfincome June 16, 2009 at 7:47 pm

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Pat – I would be really interested in seeing Joe’s blog! I had the same feeling about my site a while back and realized I was writing about articles all over the place. I have attempted to narrow my posts down to a few topics instead of being spread across many personal finance topics.

DDFD at DivorcedDadFrugalDad.com June 17, 2009 at 4:30 am

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Joe is not entirely lost here. If he has a decent following he can spin off niche sites from his general interest site and carry some readers.

My plan was always to start a general interest, frugal lifestyle site and then create niche sites that take readers from and give readers back to the main site. I call it my “hub and spokes strategy”. It is already working with my new launch of DaddyCooksQuick.com. The new site has traffic patterns the old site had when it was 3-4 months old and the old site has experienced a jump in traffic.

My view is the general interest site will never be number one– I am 2-3 years behind well established sites, but in time, top 100 would make me happy.

The niche sites on the other hand, should be sites that you have a shot at top 10 as Pat implies.

I still have much to do on both sites, but I have worked to build traffic. A specific example, in February (six months old), DivorcedDadFrugalDad.com had a ranking at Alexa.com of more than 10 million and yesterday it was 937 thousand with my 7 day and 1 month averages pointing at about 500 thousand. My new site, a little more than a week old, already has a ranking of 1,4 million– because it is a niche AND a spinoff site.

I am already planning my next spinoff . . .

DDFD at DivorcedDadFrugalDad.com June 17, 2009 at 4:38 am

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I ran out of room in the previous comment for my P.S.:

The P.S. was to share the two simple things I did to get my traffic up. I decided I had to get more people into the site and I needed to have them move around the site once they were in. Here’s what I did:

1) Comment on other sites (Brings people in)

2) Include “Related Posts” in every post I did (Moves people around)

That’s it!

Bluntmoney June 17, 2009 at 9:38 am

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I think you’re right about ads converting better for highly specialized niches, and I’d be curious to see Joe’s site too. My money-related blog is also all over the place content-wise. I got better Adsense results when I added an image ad to individual post pages. (Although nowhere near the results you get!)

Deneil Merritt June 17, 2009 at 11:11 pm

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Having that much to say about many different topics. Joe can take each topic and make a niche blog for each of them. Also, I seen a site that cover many topics but had the topics on their own blog but all on the same site.

example;
domain.com – make money online blog
domain.com/travel – travel blog
domain.com/tv – tv blog

This seems to work for the person because they are making $9k a month.

Spill Guy June 21, 2009 at 11:30 am

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It’s too bad I couldn’t get to see Joe’s homepage. It would have been interesting to see what he is not doing right and see how he would change them. It also would have been good advertising for him. Too Bad Joe. Great Post though.

Scott Lovingood July 8, 2009 at 1:01 pm

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Very interesting post. If he has two years worth of good content he could look at other ways to monetize his information. He could create an ebook of the Best of and let people download it for a small fee. Depending on his market, $9-$29 would be a good range to look at.

He could sell sponsorships for each subject he covers. Break it down into about 12 different categories and have each post on that subject brough to you by…. It would take more work but could help him develop revenue streams outside of adsense.

MIchael Pedzotti May 9, 2010 at 7:36 am

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Pat, has there been any progress or updates on how “Joe” is getting on after implementing all your good advice?

Michael.

Joe May 22, 2011 at 8:27 pm

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Good article, and great comments guys. Educational stuff. [not the Joe in question]

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