Webupon

1. Creating Compelling Content – this is the foundation of the site and particularly in the early days of DPS was what I spent most time doing. Ultimately it is about creating useful content that solves problems and meets needs for people.
2. Build Community – getting a reader to your blog is hard so it makes a lot of sense to work hard on keeping the readers you have and doing whatever you can to keep them visiting again and again. One of the main ways to do this is to give them a sense of ‘belonging’.
3. Monetize – a site with great content and community is fantastic – but unless you can monetize it in some way it isn’t sustainable. As a result a percentage of my time and resources goes towards making money from the site.
4. Marketing – to make money from a website you need people to read it and to have people reading it you need to step outside of your own site and market yourself in some way. Great content and community is not enough. I’d include SEO in this category as it’s largely about driving traffic.

some ways to get money:

1. Ad Networks – in some circles these are looked down on as an inferior way to make money but on DPS they work. Running Ad Sense and Chitika in particular have been very profitable for me on DPS. Sure you share the revenue with the network but when you’re unable to fill your inventory with directly sold ads they can still work out for you. You should be looking to expand your focus and diversify but don’t write it off altogether – keep testing the options to see what converts on your site.
2. Direct Ad Sales – the obvious advantage of selling your own ads to an advertiser is that you’re not splitting profits with Google or some other ad network. The downside is that it can take time to find advertiser and negotiate with them to really get the return that you could get. This can get a little easier when you’ve got significant traffic but depending upon your niche and where the economy is at it can also be difficult – particularly to attract the bigger brand advertisers unless you have relationships with them or are well positioned in the advertising sales game.
3. Affiliate Marketing – this is something that I didn’t focus upon a whole lot on DPS except for using Amazon’s Associate program. However lately there have been a few quality photography products launched that have opened up opportunities on this front.
4. Products – this is the ’soon to be’ element of the monetization mix on DPS as I have two ebooks in development – one to be released in the coming weeks. I’m still yet to see how well products will work on the site but there’s significant potential if we can convince readers that paying for some content is worth doing (I’m sure I’ll write more about this in the coming weeks).

• Know your goals – having identified that main tasks that I want to be involved in has given me a structure and helped me develop strategies to take my site forward.
• Expand and Diversify – Adding different areas/mediums to your blog can help to make your site multi-dimensional and opens up new ways to achieve your goals. It is also good in turbulent economic times to have a site with a variety of different areas but also income streams.
• Don’t Ignore Ad Sense – ad networks have their pros and cons. If you write them off completely you could be leaving money on the table. The key is to have an open mind, test what works best and revisit your decisions over time as different monetization streams will suit your site differently at different stages of its life cycle.
• Don’t get lazy and rely upon Ad Sense – many bloggers get lazy and rely upon the same old way that their site has always made money to continue to do so. Keep testing, hustle to find new advertisers, test different affiliate products to promote, watch what your competitors are monetizing with and consider launching your own product.