There is so much talk about the US recession being an L shape and Malaysia recession being a U shape and not a V shape etc etc. Being an average income family, I do not worry so much about the recession hitting my family.
However, I can foresee it affecting my online income. Recession is definitely going to affect the make money blogging sector. When companies stopped spending so much on advertising and consumers stopped shopping, the oasis will dry up and we will be fighting amongst ourselves to get a piece of the cake.
A lot of enterprising individuals are already promoting blogging for money as a way to supplement the daily wages. So, there are going to be an increase of bloggers in this already saturated blogosphere. When times are bad, more will resort to black hat methods which make it even harder to make money. One sneaky black hatter is equivalent to 100 or even more noob bloggers.
Then, we are going to see our blog posts being ripped and reuse by these new bloggers. As it is, a church friend already told me she is attending a blogging course, given free of charge by someone. This someone said blogging will make money and recipe blogs are the best money making blog. It was hinted that it is not hard to make recipe blogs because recipes are easily found in books. Good thing it was in church that the conversation took place or I will curse the person to hell. You see, the person gives free blogging lesson but sells webhosting and domain. I told my friend that blogging is free and one does not need to invest in any hosting or domain until one is very sure that blogging is enjoyable.
So has recession already affected your income? My blogging income was reduced several months ago but I think it was due to my diversion to do other things like taking up courses, doing volunteer work and spending time with my family. I do notice that advertisers are getting more demanding and only want high PR blogs. Some companies demand that we only blog for them and not other companies.
In a recession like this, we are at the mercies of the demanding companies and we either follow their rules or forget about making money blogging. Me? I will stick to my positive views that businesses still need to do their SEO and need to buy links and paid posts. They still need good quality blogs with good PR to do so. So, I am keeping my fingers crossed and hoping to survive, albeit on lower income.
hyperX(March 12, 2009 - 12:54 am)
Ya…. I hope the someone can save the economy so that those company start spending money in advertising. Obama, I’m counting on you!
syokbeb(March 12, 2009 - 8:25 am)
Good luck lilian…I always following your blog.
pablopabla(March 12, 2009 - 11:28 am)
Lilian, I am sure you and I can vouch that recipe blogs do not make good money. In fact, it is much harder because not only must the blogger be able to write well (what’s so interesting about measurements and cooking methods in itself?), the blogger must have a keen eye on food presentation and food photography to excel. Apart from that, SEO skills is a must. Unless one is excelling as a food blogger, chances are the food blog will be lost in the ocean out there.
I am still doing okay in making money online because I keep spawning new sites (about 3) every quarter. As the older sites mature, they will earn their PR and be more stable in SERPs. This adds on to advertiser’s appeal.
But for newbies, do take heed that there is a lot to learn out there and attending one or two seminars will not start you on the highway to riches. Like Lilian, I’ve spent countless hours to be where I am today – and even so, I am still sticking to my full time job.
Bryan(March 12, 2009 - 7:56 pm)
Whoever is saying blogging can make money is actually telling the same as selling fried rice can make money. It’s how you fry the rice, how you sell it and where you sell it that matters.
Pablo, I think you are doing the right thing and doing it well, so keep up the good work!
Mike(March 13, 2009 - 5:26 pm)
The pot is drying up that’s for sure. Adsense CTR is going down, paying less, and affiliate sales are drying up.
This and a big rush of people coming online to learn how to make money…you can imagine what the result is gonna be.
The pie is smaller, and many more hands are grabbing at it.
Jackluo(March 15, 2009 - 5:12 pm)
Yeahhh… blogging now is soooo congested with so many newbies and it needs lots of work and effort to make some (if there is any) money online!
Sis Lilian, can teach how to maximize SEO like you? Perhaps you can give some crash course on that! :) geeeeee….
earnword(March 16, 2009 - 12:05 pm)
agree. blogging is kool!
pablopabla(March 17, 2009 - 2:01 pm)
Jackluo : There are so many free SEO tips here on this blog! Otherwise, Lilian would have to charge you a fee for one-on-one tutorial. LOL!
KittyCat(March 20, 2009 - 2:51 pm)
Ugh, the thought of more copycats have just booked a confession session for me and it’s the Lenten season :P
Richie(March 21, 2009 - 12:40 pm)
blogging will secure u some money than be an engineer.. huhu.. an engineer just got noticed 24 hours to quit from work and call me if theres any vacancy in our team.. before, his pay is about 4K a month
John(March 27, 2009 - 5:24 pm)
Online advertising depends on the type of the company advertising..Any blog which has good content will definitely not get affected by recession.
tbusinesst(May 11, 2009 - 4:40 pm)
I think you are doing the right thing and doing it well.keep up the good work.
1hourcashking(June 1, 2009 - 5:16 pm)
blogging will secure u some money.I hope that someone can save the economy so that those company start spending money in advertising.But one thing it is right that Online advertising depends on the type of the company advertising.I totally agree with john’s word that any blog which has good content will definitely not get affected by recession.Anyway you are doing a good work.keep it up.
qquamat(June 11, 2009 - 7:55 pm)
I think the way you doing all these things is the perfect way to achieve.I must say at this time you are doing a mindblowing work.Keep it up.
apx.alarm123(June 13, 2009 - 11:53 am)
I hope that someone can save the economy so that those company start spending money in advertising.But one thing it is right that Online advertising depends on the type of the company advertising.you are doing a great job.keep it up.
cymphonixx(July 14, 2009 - 12:13 pm)
I totally agree with apx.alarm123’s word.Really you are doing a great job.I really enjoy reading your blog.The keyword sniping links are awesome.Keep it up.Thanks for sharing with us.