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This project will appeal more to those who are searching to make wealth from their blogs. If that’s not you – there are plenty of other daily tasks in this project that you might like to repeat. This task might also be easier for more established blog pages than new ones – although it’s not impossible for a new blog to land a sponsor so give it a go!

Today your task is to go on a hunt for a sponsor for your blog.

You might not think that your blog is big enough to find sponsors (and you might be right) but even if you’re unsuccessful in finding one you will hopefully learn a thing or two about finding sponsors and might even start a relationship that could be fruitful at some point in the future.

Getting a sponsor for your blog (or selling an advertising spot directly without relying upon an ad network like AdSense) is a great thing for numerous reasons – not the least of which is that you cut out the middleman and don’t have to share the profit with a company like Google!

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It’s not always easy to land a sponsor – but it’s a skill that bloggers wanting to earn cash flow from their blogs should learn – even in the early days.

A few tips for finding a sponsor:

1. Before you go out and start asking companies to sponsor your blog read these two posts – Finding Advertisers for your Blog and 10 Ways to make your Blog more Attractive to Advertisers. A big part of finding an advertiser is to get your blog in order first and to be prepared for what they might ask you.

2. If you have a smaller blog and haven’t had a sponsor before don’t aim for the stars straight away. It might be worth starting out by approaching smaller retailers, websites or companies in your niche and see if they’d be interested in some sort of partnership rather than aiming for the very biggest ones right up front. I did this a couple of months after starting my first ipod blog and emailed 10 online ipod sites to see if they’d be interested in advertising. 3 of the 10 bought small ads on my site (I think it was for something around $15-$25 a month). It wasn’t a lot of cash (and I didn’t have a lot of traffic to send to them) but I learned so much and made a little passive income streams in the process.

3. Target Potential Advertiser Carefully – before you start approaching potential sponsors think carefully about your blog and the topic that you write about and about who might want to reach your readers. Brainstorm a list of companies and websites that might fit the bill.

4. Wondering who to approach? Why not check out who is advertising on other websites and blogs in your niche. Quite often they’ll also be open to running a similar campaign with you.

5. If a sponsor isn’t sure whether to go with you or not – give them a discounted or free trial. I’ve done this a number of times and found it beneficial on three levels:

It gives the sponsor a taste of what your blog can offer
It can help get your readers used to the idea of advertising on your blog
I’ve found that having one advertiser (even if it’s a free one) can actually attract other advertisers (or at least make selling sponsorships easier)
You’ll learn a lot by getting the ad up, finding out how it converts and at a discounted rate you’ll even earn a few dollars
6. Find an Angle and Sell it – don’t just email a potential sponsor asking if they want to advertise with you – sell yourself. If your blog has a loyal community of core readers then sell this, if you get a lot of search engine traffic for certain keywords that the advertiser would want to have, sell it to them on this, if you have an audience who is researching to make purchases – this is a key selling point and if you’ve never had an advertiser before on your blog – turn this into a selling point. You need to give a potential sponsor or advertiser a reason to align their brand with yours.

7. If you can’t attract anyone – run a campaign of your own. Pick a part of your blog that you want to drive traffic to (perhaps a post, or a category, or a subscribe page) and develop a button or banner ads to drive traffic to it. The beauty of this is that you can test your conversion rates on different positions. Run a heat map test and you’ll learn a lot.

8. If you do manage to sign up a sponsor give sponsors as much value as possible. Do everything you can to over deliver on the campaign. Announce the sponsorship on the blog with a post, mention it any other newsletters or lists that you have, position it high on the page, consider throwing in a bonus text link in another part of your blog etc. The more traffic you can deliver to your sponsor the more chance of getting them to renew.

All in all to be successful in anything all you need is drive and follow through. Don’t let your concerns stop you from making the streams of income you deserve!

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