Make Money Online Hype

By now everyone has heard of or took the time to actually read BusnessWeek's article 'Bloggers Bring in the Big Bucks.' In case you've missed it let me give you a highlight of the high life within the blogosphere.

The Umbrella of Riches

BoingBoing - A Directory of Wonderful Things
BoingBoing
Revenue: $1Million a year

ICanHasCheezBurger - lolcats tagged for your convenience
ICanHasCheezBurger
Revenue: $67k a year

Shoemoney - Skills to Pay the Bills
ShoeMoney
Revenue: $144k a year

OverHearInNewYork - The Voice of The City
Over Heard in New York
Revenue: $97k a year

Kottke - Home of the Fine Hypertext Products
Revenue: $64k a year

TalkingPointsMemo - Talking Points Memo
TPM
Revenue: $540k a yeaer

PerezHilton - Celebrity Gossip Blog
PerezHilton
Revenue: $1Million a year

Gothamist - Gothamist
Gothamist
Revenue: $60k a year

TechCrunch - TechCrunch
TechCrunch
Revenue: $2Million a year

GoFugYourself - Go Fug Yourself
GoFugYourself
Revenue: $75k a year

Mashable - The Social Networking Blog
Revenue: $2Million a year

Problogger - Make Money Online Problogger Blog Tips
Problogger
Revenue: $100k a year

* All revenue amounts are just estimates

Observations

It was brought to my attention the other day that blogging about making money online is probably becoming an over saturated niche of empty promises and lost efforts. Let's face it, most blogs with the exception of three, so far, that i am aware of (not listed above) are making good money blogging about 'making money online,' and offering 'blogging tips.'

By looking at the list alone you will clearly see that blogging about blogging or making money online is not the way to go. If you are blogging in hopes to earn enough revenue to leave your day job or avoid the 9-5 cubicle human trap then take note (grab a pen). Research a new niche.

If you go over the list once again, you will see that Problogger is the only site that covers 'making money online' and 'blogging tips.' Unless you have the expertise of Darren Rowse, John Chow, or Yaro Starak then you can take it somewhere or possibly to new heights. If not then focus on another niche that has yet to be discovered or become over saturated. Celebrity Gossip is hot right now, or probably has always been.

Why not take it a step further and focus on local gossip, or local businesses. Starting small and starting simple has never hurt anyone. I hope this helps...

5 Responses to “Make Money Online Hype”

  1. icedragon 1 August 2007 at 2:41 pm Permalink

    We noticed that also, everyone tells how to “make money online”, or says that “my blog will be a case study for making money online”, but maybe there are already to much blogs that covers that niche, like you say in your post, its getting a little saturated

    Thanks for droping by our blog, continue with the excellent work here at the beef jerky

  2. CASH for COMMENTS 2 August 2007 at 10:14 am Permalink

    I like this post. Thanks for the news brief. Wow your at 22k in T’rati. Good job.

  3. SEO Reloaded 3 August 2007 at 7:33 am Permalink

    These bloggers are the ones who inspire all of us to work hard and earn money from our own blogs. Cheers to them 🙂

  4. Blog Money 3 August 2007 at 10:00 am Permalink

    I have to agree you get some great ideas from the sites above, just proves that thinking outside the box pays off.

    Interesting though with Problogger on the list, seems a bit out of place…

  5. MarkLopes 22 July 2008 at 12:41 am Permalink

    Excellent article, although small it contains a lot of helpfull information to avoid overcrowded niche blogs. Local ones are an excellent alternative. Check out our website for some other cool entrepreneur tips, at —-


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