MFM – Episode 72: How to monetize your blog into a SIX FIGURE business – with Stan Smith

Summary: On today’s Mike From Maine Show Stan Smith from PushingSocial.com comes on to talk about the process of monetizing his blog.<br> Stuff mentioned in the show<br> PushingSocial.com- Stan’s blog<br> Would You Like to Get More Blog Readers?<br> Free 4-Video Course Gives You The Exact Tools You Need to Get More Blog Readers Starting Today<br> Watch your blog traffic grow every month using these street-smart tactics. Plus get your free membership to the all-new PS Mastermind Blog Strategy Archive.<br> No fancy preamble. We’re going to jump right into the middle of my favorite Blogging Commandment.<br> We’ll start here -<br> What is your cost per visitor?<br> How about – cost per subscriber?<br> These two numbers will show how effective your blog efforts have been in the last week, month, or year.<br> You might ask, blogging is free, so how do I figure out your fancy numbers? First let’s agree that blogging is not free. You spend time writing posts, finding images, and publishing.<br> Let’s say that you spend 5 hours a week on blogging tasks. Next determine how much someone else would pay you for that time. When I was working a full-time corporate job I took my hourly billable rate and multiplied it by 5.<br> For example sake, we’ll say that I was paid $20 an hour. Making my blogging cost equal to $100/week (5 hours x $20/hour). Over the year that roughly came to $5,200.<br> Now if my blog attracted 5,200 visitors over the same period then my cost per visitor would be $1 ($5,200/5200 visitors). My goal is to decrease my cost per visitor. I can do that by getting more blog readers or lowering my per hour cost.<br> <br> Sponsors <br> WSO of the Day - Sneaky Strategies To ‘Hijack’ Product Launches<br>