Friday, April 23, 2010

Blogs: Can money be made video sharing or video blogging?

It's true that videos are taking over the internet. Successful video sharing or blogging will help you tap into that trend. Videos are a lot easier for your audience as they don't need to read them. They can convey much more information and they convey much better meaning to your words with inflections and gestures, and they are a lot more fun to watch and to make! Most of the meaning from any communication is received visually and by hearing, not by the actual words; therefore, you have much more power to communicate what you want with a video.

The fact is that videos make much better content on your blog, and you can also use them with devastating effect to increase your revenue and build much stronger connections with your readers. You have the opportunity to do interviews, which just don't have the same impact when you have to write them down and put someone's name against each paragraph to say who said what!

Of course, another added bonus is that once you get into it, creating a video is much easier than writing! I can create a 5 minute video, which would take thousands of words to duplicate as an article, and record and publish it in less than 30 minutes.

If your intent is to make money video sharing or video blogging you have to decide what you want to blog about. Of course, you can blog on whatever you want, but unless you consider the topic carefully then you might end up putting in a load of effort without making any cash!

Once you know what you are going to share you have the technical side to consider. You will need to know how to video yourself or whomever is doing the communicating and you will need to know how to upload that to the various site options you have. All of those considerations are on the technical side.

Promotion comes next and branding, so you can build up your traffic and viewers, then onto the most important part - making money from your blog and videos! Promotion comes in part from the work you did in determining what to write about. First, you should have chosen a topic you are passionate about because that passion will become very obvious in your video. You also need to do research using Google and numerous other free tools what the market potential of your passion.

If you are going to do successful video blogging there are two main considerations you have to take into account in deciding what to blog about.

They are:
1. Content - can you talk about the subject, you are passionate about it, and can you find enough content ideas?
2. Money - can you make money from that subject?
First off let's look at content. Most people try to aim at some small obscure niche like collecting broken laser pointers, but think about it - how are you going to create lots of videos about that? Sure the competition is much less, but you are going to run out of content after 2 weeks and then be left with a dying blog, if your blog is not growing it is dying!

Try to aim at the much larger niches like weight loss, fitness, making money etc so that you have a huge range of different things that you can speak about and so there is always stuff in the news and new information and products coming out that you can make videos about.

The next thing to think about is if you can actually talk about the subject, I mean Forex (currency trading) is a huge market and there is lots of potential for some great content - but can you really speak about that topic?
You have to be comfortable talking about the topic or you won't stand a chance of connecting with the viewers and getting them to actually buy anything. You don't need to be an expert on the subject, just comfortable with it or keen to learn about it (I am just about to enter a niche I know absolutely nothing about but I am going to learn about it as I go along so I can create videos that slowly talk about more advanced areas of the topic).

Once you have a shortlist of ideas then start to use Google and find sites and blogs in that niche and see what they talk about - how much content they have, and if you think you could create videos on the same sort of topics. That will help you to trim your list down to the easiest niches to go into as well as provide you with a list of sites that can give you content ideas later on.

Now onto money - can you actually make money from this blog? The key to this is whether people in your niche actually like to spend money. Some niches just aren't really 'commercial', they don't lend themselves to people spending money online. Again, you need to be able to research the different ways to monetize your blog. The key to monetization is traffic and driving traffic to your blog is a course in and of itself. It is not hard, but it does take work and like any successful endeavour you must stick to it. Successful video blogging or video sharing could become very lucrative. You do need to make sure you get the right advice and knowledge base before you begin. You can find resource all over the web. Google successful video blogging and you will find resources. Good Luck.

Coach100K