Making your first online dollar
September 1st, 2008 by admin | No Comments | Filed in Making your first online dollarUpdate 20090520: Blog is moved to the root of cfg.no, if this wasn’t the post you were looking for, use search or recent posts on the sidebar to locate it.
Introduction
First a brief introduction of myself to give you an understanding from which point of view you are watching.
I am a 23 year old guy, I have a relatively good understanding of computers,
and have been doing web-ish stuff for probably 8 years.
I work in the field of computer networks and server administration.
I don’t know if that is going to help me at all.
I am interested to see if I can make one dollar online from blogging, and I am documenting
my success and failure so maybe I (and you) can benefit from this later.
One dollar is such a small amount, so if this goes faster than expected,
I will raise the amount to 10 dollars and work from that.
Ways to make money online
I have done a lot of reading, and I figured out there are quite some paths that
you can take for making money from blogging.
These are the two most attractive options that were initially presented to me:
- The mothership blog
This is probably the most profitable one, and the one I will focus on in this blog.
You create one blog and try to get a lot of frequent readers and use targeted marketing to convert the readers into buyers.
You can use this blog to present the user with new products, or write articles where you show off how good a product is, and then presents the user with options of how to get a hold of this product.
This is probably the hardest thing to do. - Pay per post
This is where you set up one or (rather) multiple blogs, and work with these to get a googlePageRank. The pros is that you can make money relatively easy from just posting, the cons is that this is never going to give you anything more than just for each post.
Step one – Find niche
Finding a niche is probably one of the hardest things about this whole process.
It has to be something you a genuinely interested in, and it also has to be something
that will for example give you search engine traffic. If you are blogging about the color red,
you will probably dry out of content and also readers very much faster than other subjects.
I found this tool: Keyword Suggestion Tool
It can give you some sort of estimate of search engine traffic for a specific keyword,
this looks like a good tool to investigate if your niche is popular enough to drive you enough earnings.
I will get the blog up and running in this post, and will consider hosting/domain and
niche as homework until the next post.
Step two – Get domain name and hosting
First I need a domain name to setup the blog on, I own some domain names – so I just picked one
that I have, it is already indexed by google and I just figure it’s a good idea.
It is probably a good idea to buy a domain name that corresponds with your blog.
As if you were going to blog about good stock picks,
your domain could just as well be good-stock-picks.com
You need hosting of your blog site, I am not sure about who is a good choice here,
but I will give an update about that in my next post.
I have a server that I already have in operation, so I will use that to host my blog.
If you are just starting out in a small scale, you can use the numerous of free services
around, but some ad networks will block these sites out, as well as shared domain names.
I will use my domain name www.gho.no for this blog
Step three – Get a google adsense account
This should be easy, just go to http://www.google.com/adsense and register.
You will get javascript code that you can place in your posts or on your blog.
Google also provides a lot of ways to help you get going with the system they provide.
In the next post I will have figured out the following:
- Niche
I need to find a niche that I can blog about. - Hosting and domain name
I need to find an acceptable cheap hosting provider, expensive hosts just will not do.

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