Just about every business has a byproduct of some sort. Next time you think about the next product line look at what is being thrown in the trash. Time and time again you hear stories about how one company turned their trash into a pile of money. One of my favorite examples is Kingsford Charcoal. After all, it is grilling season now and people are lighting briquettes like nobody’s business. Here is an excerpt from the Kingsford Wiki page:

Kingsford is a brand of charcoal used for grilling, along with related products. The brand is owned by The Clorox Company.

The Kingsford Company was formed by Henry Ford and E.G. Kingsford during the early 1920s. Charcoal was developed from Ford Motor Company’s factory wastes (wood scraps). The Kingsford Company was formed when E.G. Kingsford, a relative of Ford’s, brokered the site selection for Ford’s new charcoal manufacturing plant. The company, originally called Ford Charcoal, was renamed in E.G.’s honor.

Today The Kingsford Products Company remains the leading manufacturer of charcoal in the U.S., enjoying 80 percent market share. More than 1 million tons of wood scraps are converted into charcoal briquets every year, making Kingsford the pacesetter in the charcoal industry.

Pretty cool to be able to take your scrap wood and turn that into a $350 million a year business! Who knew there was so much money in making, selling and marketing charcoal?

When looking for your next great marketing idea take a look around your trash bin at the office and see what it is your are scrapping that could be re-proceeded and turned into money. Talk about being “green” – more like making green from your trash heap.

Of course this doesn’t stop with physical objects, how could you transform your extra processing power or rack space into a product people need or want. It doesn’t cost you much to convert the things you already have into additional revenue generating sources.

This is a guest post by Dalirin is a blogger that likes blogging about how to make money online. He has also written about his number 1 way to make money online.

If you are interesting is submitting a guest post, please visit my guest poster page to find out more info. Now on to the the good stuff.

If you are in the make money niche, your aim is to make as much money as you can. A make money blogger can make money on his blog by selling a product, being a consultant, doing paid review, affiliate marketing or putting ads on the blog. Apart from putting ads on a blog, the other means of making money is not easy for a new blog. Only if the owner is an experienced SEO blogger, he would find it hard to rank his blog for his keywords.

I said that the other means of making money from a blog is difficult for a new blog is because almost all new blogs has little or no traffic. With the little amount of traffic it gets, I doubt if it would sell any product or make money from affiliate sells. If there is a sale, it is pure luck (luck also exist in blogging). But with ads on the site, the blog owner is able to generate some income.

When is Ads Recommended on a New Blog?

I would recommend it as soon as your first post is live. This is good so that your readers gets accustomed to the ads. Then it is there choice if they want to become ads-blinded or not. Having ads early would tell your reader why you are blogging. I have seen websites that changed their design to include more ads and their readers were complaining. But before the site became popular, no one complained about the ads.

Will You Lose Readers?

I would say No. This is because the reader is reading your blog for your content. He wants to get more information about something. He is not reading your blog to increase your monthly views.  You would lose readers when the ads interfere with their readings such as forcing them to take an affiliate survey before they can access your content. This is your fault. There are other bloggers they can read or get the information from.

What type of Ad should be Used?

Use CPC (cost per click) or CPM (cost per impression) such as adsense on the new blog. You can also use affiliate banners as an Ad. This would enable you to make some few money. Trust me, it is small, but when you receive your first click, you would be motivated to work harder. With affiliate banners, you may be lucky that a reader was looking for a service or a product. Then the person decide to buy from your affiliate link.

I don’t recommend paid text link because you would not be able to see an advertiser. No advertiser would want to advertise on a blog that has little traffic. The advertiser might feel that them advertising on the site is the same as the advertiser going to get a new site and linking to their site.

What do you do when you don’t have a lot of time to express your thoughts and ideas?

1. You can hire an extremely fast typist and have them pound it out for you
2. You can wait till you have more time to write
3. Post a video and move on

Check out the video below

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Mentioned Links:

• Seesmic.com
• Textual Healing