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Blogging
How to Convert Your Blog Into a Business
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[QUOTE="Leah Kelvin, post: 342557, member: 106815"] Turning your blog into a business indicates that it has become a money-making venture. The following steps will help you to do this successfully: determining the niche or target market segment, developing monetization strategy, creating valuable content, optimizing your website for search engines and building an email list of prospects. Some key revenue generation strategies include advertisement; selling digital/physical products through blog posts; services and affiliate marketing. Business growth requires attractive content and effective emailing strategies. You can increase visibility by promoting the blogs on social media, guest blogging, influencer partnerships, online communities and syndication of content channels. Connect with other bloggers, influencers and industry experts in order to create networks as well as collaborate where necessary. This should be done by coming up with a comprehensive business plan that outlines goals, target market segment(s), monetization strategy(ies), marketing plan(s) and financial projections. Brand professionals can assist in creating logos, web designs as well as any other visual branding materials needed. To measure success in terms of website traffic among others such as engagement rates; conversion rates; sale figures revenues etc use metrics so as to make data-driven decisions for business optimization. [/QUOTE]
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