WebDiggin.com: An Adventure to Make Money Online

Why do you blog? To make money online? You have ideas to share? Or because you like talking to yourself?

If your goal is to have fun blogging and if you make a little money on the side with Google AdSense, awesome. Skip this post. But, if your goal is to make money with AdSense, then read on.
Why do we blog? All of the above. That’s our answer.

• It started as an experiment. We wanted to see if we could make money online (In Feb 2008, we made $58.10 profit!)
• Then, we started to share our ideas. We started to publish our recipes for great Japanese Food (like Gyoza dumplings!)
• Then we wanted to experiment with social networking. We wanted to bitch and complain as well as share good things that we witnessed in life.
• Now, we’re looking for ways to improve our AdSense earnings.

Recently, Josh Spaulding shared his formula in a free ebook for getting $5 a day in AdSense revenue through mini-websites.

(If I had landed on his sell page without seeing his blog first, I probably would have just moved on. But, I landed on his blog first, asked a few questions, received a few responses, read a few of his free eBooks, and now I find myself getting further and further trapped in his web. This is a great example of the power of pre-selling your visitor.)

As a result of Josh’s $5 a day method, I’m starting to change the way I approach websites. The key phrase is this:

All adsense clicks are not created equally.

Some ads bring you a few cents per click. Other ads bring you a dollar or more. If your goal is to make money with AdSense, you could either 1. try to get more traffic to click on your penny ads, or 2. stay with the amount of traffic you have and use dollar ads. (I suppose, the best option would be 3, use expensive dollar ads on your site and increase your traffic)

Josh pointed us towards spyfu.com to find out a rough idea how much a click on your ad will generate. His example is the keyword, Mortgage which spyfu says costs between $1.00 - $16.72 per click.

We did some research on the net and found a post by CyberWyre about the most expensive keywords for ads. Then we compared some of those terms to the results we got from spyfu.com. Although the numbers differed, there’s no doubt that these a click on an ad about these keywords would be profitable.

In comparison, it costs $0.15-$0.27 to bid on the keyword, Japanese Recipes. So anytime someone clicks on an AdSense ad on our Gohanyo.ca website, we’re only making around a quarter per click.

Do you see the problem? If we want to make serious money from our AdSense clicks, we need to focus on topics that have expensive keywords.

Bottom Line: We’re trying to grow towards developing sites that use expensive niche keywords and to generate traffic through article marketing. We’re following Josh’s $5 formula in his free eBook and trying to set up our first mini-site. I hope we’re successful. (But, I’d hate to become one of those lame testimonials on the high-pressure sales pages.)

Question: Do you think about the price of the keywords on your post before you blog, or do you just blog about topics you like?

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