
In early December, I developed a Q1 marketing plan in order to keep me on track to my goals. While I conduct a review of my goals almost daily, I decided to share where I’m at in terms of performing against this plan. First, for those who are not bloggers, I think this method can be applied to life in general. I would setup a quarterly plan for how to get to your life goals and review that plan as often as you can.
Focusing on High ROI activities:
I identified 3 activities that I felt gave me the highest ROI: guest posts, comments, and interviews. I’ve followed through on 2-4 guest posts a week and even setup ongoing relationships to guest post at certain blogs. In January I wrote 8 guest posts. I’ve also started looking at traffic differently. The most important metric that I look at is time spent. I value quality over quantity. If see a certain blog is providing me visitors who spend alot of time on my blog, I’ve made a point to comment on that blog on a regular basis and as a result I’ve seen some great growth. The interview series has evolved into a life of its own and has been the driving force behind a new project called BlogcastFM.com. I’ll be telling you more about it on Wednesday of this week.
Achieve Substantial Growth:
Obviously high ROI activities are a catalyst for substantial growth. I set a goal of getting to 1000 RSS readers by the end of Q1. As of the end of January I broke the 500 reader mark. While the I haven’t exactly mapped out how to get to the next 500 readers, I plan on making adjustments to my strategy based on what’s working and what’s not. For example, the guys at under30CEO.com have been instrumental in driving my growth and it’s likely I“ll aim for contributing more articles to their site. The point here is that by setting a goal and aiming to get there, even if you fall slightly short if you will still make substantial progress.
Development of monetization methods:
Of the 3 monetization methods (consulting, product launches, and affiliate marketing), I’ve focused my efforts on consulting. I think if you are a blogger with roughly 500 RSS readers and your traffic wavers between 150-200 visitors a day the other two monetization methods have a less likely change of getting you where you want to go. I recently wrote a post at Under30CEO about How to monetize a blog without advertising, selling affiliate products, or any other products. The focus of it was largely on how to find consulting opportunities on craigslist. To date, this method has resulted in a client that has me on retainer for 500 dollars a month, and some clients who I build blogs for. All in all it’s given me about an additional 600 dollars a month in income.
Overall I’m performing according to plan. But, looking at it I realize that I should aim to outperform this plan which would require stepping it up in a few areas and scaling back in others. As you make progress towards each goal, you really need to continually adjust in order to take the right action at the right time. If you have any ideas on a marketing plan and growth, I’d love to hear them.
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