Blog industry challenge: New ways to monetize readers?

by

Neil Patel

From time to time, I will post short interviews with interesting people about their insights on blogging.

I learn more from one person’s experiences than I do from reading studies or books so I am hoping these interviews can help you just as they help me.

This week, Neil Patel, is providing the insights. Neil Patel is the co-founder of Crazy Egg and KISSmetrics. He blogs about business at Quick Sprout.

Which qualities do you think you have that make you a good blogger?

You have to write content that people find valuable and you have to blog on a consistent basis. In addition to that you need to respond to commenters to help encourage the conversation.

What is the blogging memory you recall most frequently and why?

One of my favorite moments is when a reader emailed me how my blog helped them grow their income from $1000 a month to over $10,000.

What are the best and most challenging aspects of the blogging lifestyle?

You have to blog on a consistent basis. This is tough because I have a really busy schedule.

What advice would you give to younger bloggers?

Be patient because it can take years before your blog becomes popular.

What do you think will be the next big change in the blogging industry?

Companies will come up with new ways to monetize readers other than advertising and affiliate programs. Someone needs to come up with something because millions of bloggers have good communities, but they just haven’t figured out how to monetize their blog.

Your turn to take action

Neil gives some great advice and food for thought here:

  • Be patient as it can take a while before your blog grows
  • Be consistent, do not give up if you do not see early results
  • What do you think is the future way of monetizing blogs?

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March 10, 2011

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