<?xml version="1.0" encoding="UTF-8"?>
<rss version="2.0"
	xmlns:content="http://purl.org/rss/1.0/modules/content/"
	xmlns:wfw="http://wellformedweb.org/CommentAPI/"
	xmlns:dc="http://purl.org/dc/elements/1.1/"
	xmlns:atom="http://www.w3.org/2005/Atom"
	xmlns:sy="http://purl.org/rss/1.0/modules/syndication/"
	xmlns:slash="http://purl.org/rss/1.0/modules/slash/"
	>

<channel>
	<title>The Watermark Group &#187; Monetization</title>
	<atom:link href="http://www.thewatermarkgroup.org/tag/monetization/feed/" rel="self" type="application/rss+xml" />
	<link>http://www.thewatermarkgroup.org</link>
	<description>We&#039;re a San Francisco consulting firm specializing in Internet Marketing, Business Analysis and Strategy.</description>
	<lastBuildDate>Tue, 31 Jan 2012 17:21:14 +0000</lastBuildDate>
	<language>en</language>
	<sy:updatePeriod>hourly</sy:updatePeriod>
	<sy:updateFrequency>1</sy:updateFrequency>
			<item>
		<title>Change Adsense Colors to Increase Adsense Clicks</title>
		<link>http://www.thewatermarkgroup.org/blogging/change-adsense-colors/</link>
		<comments>http://www.thewatermarkgroup.org/blogging/change-adsense-colors/#comments</comments>
		<pubDate>Tue, 18 May 2010 20:18:02 +0000</pubDate>
		<dc:creator>John Muldoon</dc:creator>
				<category><![CDATA[Blogging]]></category>
		<category><![CDATA[Internet Marketing]]></category>
		<category><![CDATA[Web Strategy]]></category>
		<category><![CDATA[WordPress]]></category>
		<category><![CDATA[Adsense]]></category>
		<category><![CDATA[Monetization]]></category>

		<guid isPermaLink="false">http://www.thewatermarkgroup.org/?p=569</guid>
		<description><![CDATA[If you're a blogger, and you've decided to monetize your blog with Google Adsense, you're in the right place. I'm going to outline a quick tip you can use to increase your click-through rate or "CTR" in web-speak.]]></description>
			<content:encoded><![CDATA[<p>If you&#8217;re a blogger, and you&#8217;ve decided to<a href="http://www.thewatermarkgroup.org/blogging/monetize-with-ads/" target="_blank"> monetize your blog with Google Adsense</a>, you&#8217;re in the right place. I&#8217;m going to outline a quick tip you can use to increase your click-through rate or &#8220;CTR&#8221; in web-speak.</p>
<p><img class="size-full wp-image-574 alignright" style="border: 1px solid black;" title="Default Adsense Ad" src="http://www.thewatermarkgroup.org/wp-content/uploads/default-adsense-ad.png" alt="Default Adsense Ad" width="228" height="57" />By default, your Adsense ads look a lot like the ads on Google&#8217;s search results pages. Blue links, black text&#8211;pretty standard stuff. Like this <strong>&#8212;&#8211;&gt;</strong></p>
<p>&#8220;Hey, that&#8217;s great, right?&#8221; Well, maybe, but&#8230;</p>
<p>In our experience, people tend to click more on ads that look like they&#8217;re part of the content of the site.</p>
<h3>Here&#8217;s a fun analogy to illustrate my thinking:</h3>
<p>Let&#8217;s say you&#8217;d like to advertise your product on some traditional outdoor advertising, like a billboard. OK, sure, maybe 50,000 people a day drive by your billboard, and some of them look at it. They look at it and <em>because they know it&#8217;s a billboard, they know it&#8217;s an ad</em>, and some of them absorb your message.</p>
<p>That&#8217;s what the default Adsense ads are like. People look at them through the lens of &#8220;this is an ad, so someone is trying to sell me something here.&#8221; For a lot of people, that puts a wall up. They don&#8217;t pay attention, and they don&#8217;t click (even if the ad is for something totally relevant to their needs).</p>
<p>Now, let&#8217;s say you have a chance to re-design that billboard. <strong> </strong></p>
<blockquote><p><strong>Instead of making a billboard that looks like a billboard, make it look like a regular highway sign.</strong></p></blockquote>
<p>You might be thinking, &#8220;Hey that makes total sense! People pay more attention to regular highway signs than they do to billboards. If our ads can look like they&#8217;re a regular (and important) part of the environment, they&#8217;ll get more attention!&#8221;</p>
<p>I couldn&#8217;t agree more. So, how do you do it?</p>
<h3>Standing Out by Blending In</h3>
<p>If you followed our <a href="http://www.thewatermarkgroup.org/blogging/monetize-with-ads/" target="_blank">Guide to Installing Adsense</a>, this will be super easy for you.</p>
<p>In your WordPress admin panel, under Settings, click on Adsense. This will open up the configuration options for the <a href="http://wordpress.org/extend/plugins/all-in-one-adsense-and-ypn/" target="_blank">All in One Adsense and YPN plugin</a>.</p>
<p>Scroll about half-way down the page to the section called &#8220;Colors&#8221;.</p>
<p>Here you can enter your <a href="http://html-color-codes.info/" target="_blank">HTML color codes</a> and tweak your ad borders, background, links, text and URL so they blend in with your site. It usually takes a little trial-and-error to get the colors right (for me anyway, because I&#8217;m not a design genius), but give it a shot.</p>
<p>Now, the fun part is trying it for yourself. Let me know how it impacts your Adsense earnings. Or if you&#8217;ve tried a strategy that works better, shout about it in the comments.</p>
<p>Here&#8217;s a before and after (click each image to enlarge it):</p>
<p><a href="http://www.thewatermarkgroup.org/wp-content/uploads/adsense-before.png" rel="shadowbox[sbpost-569];player=img;"><img class="alignleft size-medium wp-image-621 eksxrwdirmmsqzbszriz eksxrwdirmmsqzbszriz eksxrwdirmmsqzbszriz eksxrwdirmmsqzbszriz" title="Adsense Before" src="http://www.thewatermarkgroup.org/wp-content/uploads/adsense-before-300x195.png" alt="Adsense Before" width="270" height="176" /></a><a href="http://www.thewatermarkgroup.org/wp-content/uploads/adsense-after.png" rel="shadowbox[sbpost-569];player=img;"><img class="alignright size-medium wp-image-620 eksxrwdirmmsqzbszriz eksxrwdirmmsqzbszriz eksxrwdirmmsqzbszriz eksxrwdirmmsqzbszriz" title="Adsense After" src="http://www.thewatermarkgroup.org/wp-content/uploads/adsense-after-300x195.png" alt="Adsense After" width="270" height="176" /></a>
<div class="tweetmeme_button" style="float: right; margin-left: 10px;">
			<a href="http://api.tweetmeme.com/share?url=http%3A%2F%2Fwww.thewatermarkgroup.org%2Fblogging%2Fchange-adsense-colors%2F"><br />
				<img src="http://api.tweetmeme.com/imagebutton.gif?url=http%3A%2F%2Fwww.thewatermarkgroup.org%2Fblogging%2Fchange-adsense-colors%2F&amp;source=Watermark_Group&amp;style=normal&amp;b=2" height="61" width="50" /><br />
			</a>
		</div>
]]></content:encoded>
			<wfw:commentRss>http://www.thewatermarkgroup.org/blogging/change-adsense-colors/feed/</wfw:commentRss>
		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>How To: Monetize Your Blog with Adsense &amp; Affiliate Ads</title>
		<link>http://www.thewatermarkgroup.org/blogging/monetize-with-ads/</link>
		<comments>http://www.thewatermarkgroup.org/blogging/monetize-with-ads/#comments</comments>
		<pubDate>Tue, 11 May 2010 15:24:17 +0000</pubDate>
		<dc:creator>John Muldoon</dc:creator>
				<category><![CDATA[Blogging]]></category>
		<category><![CDATA[Internet Marketing]]></category>
		<category><![CDATA[Web Strategy]]></category>
		<category><![CDATA[WordPress]]></category>
		<category><![CDATA[Monetization]]></category>

		<guid isPermaLink="false">http://www.thewatermarkgroup.org/?p=552</guid>
		<description><![CDATA[Just as there are many reasons to blog, there are many ways to monetize a blog. Today, I'll be going over the nuts and bolts of setting up advertising on your blog. Specifically, setting up Google Adsense and Commission Junction affiliate ads on WordPress. I've created some helpful step-by-step videos to walk you through the whole process. Before I jump in to the technical "how-to" stuff, let's talk very briefly about content strategy...]]></description>
			<content:encoded><![CDATA[<p>Just as there are many <a href="http://www.thewatermarkgroup.org/blogging/why-have-a-company-blog/">reasons to blog</a>, there are many ways to monetize a blog. Today, I&#8217;ll be going over the nuts and bolts of setting up advertising on your blog. Specifically, setting up Google Adsense and Commission Junction affiliate ads on <a href="http://www.thewatermarkgroup.org/wordpress/where-to-find-great-wordpress-themes-for-developers/">WordPress</a>. I&#8217;ve created some helpful step-by-step videos to walk you through the whole process. Before I jump in to the technical &#8220;how-to&#8221; stuff, let&#8217;s talk very briefly about content strategy.</p>
<h3>Developing Your Blog Monetization Strategy</h3>
<p>Before you try to monetize your blog with ads, ask yourself a few questions. What type of relationship do you have with your blog readers? Why do they come to your blog? Do they read you because you tell them about all kinds of great resources, or because you are the great resource? Are you the intermediary between your audience and all the content your audience wants&#8230;or are you the end of the road?</p>
<p>If people come to you because you write 2000 word articles about your original research about your topic, why would they click on an ad? They&#8217;re seeking deep content and you&#8217;re providing it. They have no reason to go anywhere else.</p>
<p>If, however, you write 400 word articles about what other people are doing, it makes sense for your readers to click away. If your topic is &#8220;vegetarian restaurants in San Francisco&#8221;, and you just write reviews of different restaurants, you&#8217;re acting as an intermediary, rather than the end of the road. To monetize with ads, try to build a niche audience and train them to click on things they might find interesting.</p>
<p>I&#8217;ll write more about strategy in a future post. If you&#8217;re a blogger with some specific questions or ideas, don&#8217;t be shy in the comments.</p>
<p>Want to go through it step by step? Watch these videos full-screen for best results.</p>
<h3>Installing Commission Junction Ads in WordPress</h3>
<p>This is the first video in the series and covers installing the two plugins we like to use, as well as setting up Commission Junction ads.<br />
<object classid="clsid:d27cdb6e-ae6d-11cf-96b8-444553540000" width="640" height="385" codebase="http://download.macromedia.com/pub/shockwave/cabs/flash/swflash.cab#version=6,0,40,0"><param name="allowFullScreen" value="true" /><param name="allowscriptaccess" value="always" /><param name="src" value="http://www.youtube.com/v/240m3MYS0l0&amp;hl=en_US&amp;fs=1&amp;rel=0&amp;color1=0x006699&amp;color2=0x54abd6" /><param name="allowfullscreen" value="true" /><embed type="application/x-shockwave-flash" width="640" height="385" src="http://www.youtube.com/v/240m3MYS0l0&amp;hl=en_US&amp;fs=1&amp;rel=0&amp;color1=0x006699&amp;color2=0x54abd6" allowscriptaccess="always" allowfullscreen="true"></embed></object></p>
<p>Once you&#8217;ve finished installing the plugins featured in the above video, move on to&#8230;</p>
<h3>Installing Google Adsense Ads in WordPress</h3>
<p>The second video, showing how to get Adsense ads up and running on your self-hosted WordPress site.<br />
<object classid="clsid:d27cdb6e-ae6d-11cf-96b8-444553540000" width="640" height="385" codebase="http://download.macromedia.com/pub/shockwave/cabs/flash/swflash.cab#version=6,0,40,0"><param name="allowFullScreen" value="true" /><param name="allowscriptaccess" value="always" /><param name="src" value="http://www.youtube.com/v/tgJBVx6NOZY&amp;hl=en_US&amp;fs=1&amp;rel=0&amp;color1=0x006699&amp;color2=0x54abd6" /><param name="allowfullscreen" value="true" /><embed type="application/x-shockwave-flash" width="640" height="385" src="http://www.youtube.com/v/tgJBVx6NOZY&amp;hl=en_US&amp;fs=1&amp;rel=0&amp;color1=0x006699&amp;color2=0x54abd6" allowscriptaccess="always" allowfullscreen="true"></embed></object></p>
<p>Did I miss anything? Get stuck? Have a better way? <strong>Shout about it in the comments. </strong>
<div class="tweetmeme_button" style="float: right; margin-left: 10px;">
			<a href="http://api.tweetmeme.com/share?url=http%3A%2F%2Fwww.thewatermarkgroup.org%2Fblogging%2Fmonetize-with-ads%2F"><br />
				<img src="http://api.tweetmeme.com/imagebutton.gif?url=http%3A%2F%2Fwww.thewatermarkgroup.org%2Fblogging%2Fmonetize-with-ads%2F&amp;source=Watermark_Group&amp;style=normal&amp;b=2" height="61" width="50" /><br />
			</a>
		</div>
]]></content:encoded>
			<wfw:commentRss>http://www.thewatermarkgroup.org/blogging/monetize-with-ads/feed/</wfw:commentRss>
		<slash:comments>5</slash:comments>
		</item>
		<item>
		<title>How to value website traffic</title>
		<link>http://www.thewatermarkgroup.org/internet-marketing/how-to-value-your-website-traffic/</link>
		<comments>http://www.thewatermarkgroup.org/internet-marketing/how-to-value-your-website-traffic/#comments</comments>
		<pubDate>Thu, 04 Mar 2010 18:39:25 +0000</pubDate>
		<dc:creator>John Muldoon</dc:creator>
				<category><![CDATA[Internet Marketing]]></category>
		<category><![CDATA[Adwords Bids]]></category>
		<category><![CDATA[Monetization]]></category>
		<category><![CDATA[Online Advertising]]></category>
		<category><![CDATA[Pay Per Click]]></category>
		<category><![CDATA[PPC]]></category>

		<guid isPermaLink="false">http://www.thewatermarkgroup.org/?p=187</guid>
		<description><![CDATA[Clickonomics I get a lot of questions from clients and readers about how to value web traffic. This is important for content publishers (valuing and selling ad space) and internet marketers (especially search engine marketers looking to set a maximum bid). I was recently asked these two questions, from different sides of the coin: &#8220;I...]]></description>
			<content:encoded><![CDATA[<h2>Clickonomics</h2>
<p>I get a lot of questions from clients and readers about how to value web traffic. This is important for content publishers (valuing and selling ad space) and internet marketers (especially search engine marketers looking to set a maximum bid). I was recently asked these two questions, from different sides of the coin:</p>
<blockquote><p>&#8220;I want to sell ads privately on my blog, how much should I charge?&#8221;</p>
<p>&#8220;I want to buy traffic to my website, how much should I pay per click?&#8221;</p></blockquote>
<p>The answer to both questions, is the same answer I give to almost all questions about Internet Marketing:</p>
<blockquote><p>&#8220;It depends&#8221;.</p></blockquote>
<p>Of course, if you&#8217;re a publisher, you want to charge as much as possible for ad space; while advertisers want to pay as little as possible for their traffic.</p>
<p>The online advertising marketplace is extremely dynamic, with countless variables at work determining the value of each click. Some of these variables are objective and measurable, while others are more subjective.<span id="more-187"></span></p>
<p>Here&#8217;s some basic math I like to use to explain this to clients. I&#8217;ll make up a scenario where a company that sells travel guidebooks wants to advertise their products on a travel-writer&#8217;s blog.</p>
<p>First, we need to understand some numbers&#8230;</p>
<h4>For Advertisers:</h4>
<p>Let&#8217;s say that the guidebook company has an e-commerce website where they sell their products. Let&#8217;s say that their average gross margin per transaction is $10, and that their website converts 2% of its visitors into paying customers. We could multiply $10 by 2% to get a rough value of each visitor of 20 cents.</p>
<p>For the purposes of this example. we&#8217;re ignoring the percentage and value of the people who will return and buy again as repeat customers.</p>
<p>So, if the guidebook company were able to buy 10,000 clicks at 15 cents a piece, they&#8217;d pay $1,500 for their traffic. They&#8217;d expect 2% of those 10,000 visitors to make a purchase (200 transactions) and if the average transaction yields $10, that&#8217;s worth $2,000. Subtract the $1,500 they paid for the traffic and they net $500 on the campaign. With this (admittedly oversimplified) example, the guidebook company should make a profit whenever they buy traffic for less than 20 cents per visitor. One of our consultants likes to say, &#8220;If someone can buy dollars for a nickle apiece, I suggest they do it all day long.&#8221;</p>
<h4>For Publishers:</h4>
<p>On the other side of this relationship, let&#8217;s look at the travel-writer who wants to sell ad space on his blog. Let&#8217;s give him some numbers too. Let&#8217;s say he has 10,000 page views per month. Traffic is the simplest variable to determine, with just a quick look at one&#8217;s Google Analytics. The difficult variable for the publisher is the Click-Through Rate of the advertiser&#8217;s ad. There are many types of ads (text, image, horizontal, vertical&#8230;), and even very similar ads can have extreme variation in click-rate. So, this is a the big challenge for publishers in valuation. My suggestion is for publishers to start running ads on their site with an automated ad management system, like <a href="http://www.thewatermarkgroup.org/blogging/monetize-with-ads/">Google Adsense</a>. The idea here is to use Google&#8217;s sophistication to serve ads as well as they know how to do, and to pull an average click-through rate from this data. Let&#8217;s say the travel-writer&#8217;s blog has an ad click-rate of 2%.</p>
<p>Multiply that 2% by 10,000 page views and you end up with 200 clicks per month. In the case of the guidebook company, the value of those 200 visitors might be (<strong>200 visitors x 20 cents visitor value = $40</strong>).</p>
<p>In this example, $40 is a fair value for the Advertiser to pay the Publisher for their ad to run for 1 month.</p>
<h4>In Conclusion:</h4>
<p>Again, this is an extremely simplified example, and each situation is unique. Negotiating advertising rates eventually comes down to having a price that both sides can agree on. In most cases, someone is paying too much or too little. The goal of this article is to help you think about some ways you might value your website traffic.</p>
<p>The good news, is that there are things that both sides can do to make the relationship more profitable. In a dynamic marketplace of interdependent variables, if you can shift any one variable, the impact is often exponential. In the above example, if the advertiser had an ad which was twice as effective at getting clicks and their website conversion rate was increased to 5%, their profit on this monthly campaign would increase from $40 to $200. This shows the importance of <a href="http://www.thewatermarkgroup.org/services/internet-marketing/conversion-consulting/">Conversion Optimization</a> and reviewing the effectiveness of your advertising creatives. Conversely, if the publisher could increase his traffic via SEO, or even buy traffic to his site for less than he could sell it for&#8230;you get the idea.</p>
<h4>What do you think?</h4>
<p>Do you have a different methodology for valuing your traffic? <strong>Share your thoughts in the comments below.</strong></p>
<p>Do you think it&#8217;s more common for advertisers to pay too much, or too little?</p>
<p>Are you a publisher looking to maximize your ad revenue, or an advertiser looking to maximize your profit? <a href="http://www.thewatermarkgroup.org/contact/">Let&#8217;s talk</a>.</p>
<p>Cheers.
<div class="tweetmeme_button" style="float: right; margin-left: 10px;">
			<a href="http://api.tweetmeme.com/share?url=http%3A%2F%2Fwww.thewatermarkgroup.org%2Finternet-marketing%2Fhow-to-value-your-website-traffic%2F"><br />
				<img src="http://api.tweetmeme.com/imagebutton.gif?url=http%3A%2F%2Fwww.thewatermarkgroup.org%2Finternet-marketing%2Fhow-to-value-your-website-traffic%2F&amp;source=Watermark_Group&amp;style=normal&amp;b=2" height="61" width="50" /><br />
			</a>
		</div>
]]></content:encoded>
			<wfw:commentRss>http://www.thewatermarkgroup.org/internet-marketing/how-to-value-your-website-traffic/feed/</wfw:commentRss>
		<slash:comments>5</slash:comments>
		</item>
	</channel>
</rss>

<!-- Served from: www.thewatermarkgroup.org @ 2012-02-04 08:27:11 by W3 Total Cache -->
