Sunday, July 1, 2007

Sponsored Reviews

SponsoredReviews.com is a new paid to blog service just like PayPerPost and ReviewMe.

The tagline says, “Bloggers earn cash, Advertisers build buzz”, and that’s pretty much it in a nutshell. This site acts as a middleman for advertisers and bloggers, and allows bloggers to bid for reviews, or be personally selected by an advertiser.

Paid to blog services are some 'get rich quick' schemes. The signup process was a breeze and blogs are generally accepted fast. That is pretty fast when compared to other services but opportunities come rather slow…

But for someone deciding to launch their career on paid blogging, try something else that would bring in paid reviews far more easily. This is not to discourage you, but these guys are good, and are for the biggy bloggers. However, this is only a personal viewpoint from a blogger using those services.

This is mainly because you have to place a bid….. the sponsors have to review it….. and they would notify you whether it has been accepted or not….. This could take anywhere between 2 to 20 days.

To expand this a bit more……Once you set your price, you select a category, input your blog title, and a description. All of this will be viewable by bloggers and advertisers. Advertisers will use this information to determine if they want to work with your site, and bloggers can use it to see who their competition is in a certain price range. Add keywords, and submit - your blog is now active in the system.

Once your blog is active, you want to find advertisers to work with. Clicking on the “find advertisers” tab will do just that. But if you set your blog review price to $20, and if you want a $20 plus per review, forget that thought...

If you like something that you’d like to write about, then place a bid…..but accept the bid amount that is mentioned…. As like in every bid, it is the lowest amount the advertiser is willing to pay. Place a bid in line with your blog price and the maximum price

Advertisers also have the option of searching the list of blogs and contacting you with a price.

Please also note that when you submit your blog for review, the SponsoredReviews system pulls stats on that blog from several sources, like Technorati and Alexa. Your link popularity is calculated, and you’re giving a total ranking of anywhere from 1 to 5 and you’re given a suggested price based on your rankings

But always note that you only get 65% of your bid price, that is to say, if you input $10, you’re actually only making $6.50 per sponsored review.

Lastly, all blog posts must be 200 words long, and all content must be original…blah...blah…and the usual
You also need a 3:1 ratio of non paid to paid content, which is quite tough and you have 7 days to complete your review

Now if you have three different blogs listed with three different prices, you can bid multiple prices for the same assignment. The only problem is, some advertisers take a long time to review offers.

But make note that if you don’t complete reviews you’ve accepted, your account can be suspended.

Also, a disclosure is required in each post, i.e., ‘This is a paid review’, or something similar

As a closing line, I like the direct contact between the blogger and the advertiser. A review is written only after both parties are happy with the agreement.

So there are no surprises.

Lastly, for those bloggers, wanting to increase vistors to their blogs would benefit from this list of Blog Directories. Do check'em out...

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1 comment:

  1. It's definately a unique way for bloggers to make an extra bit of money with their blogs. Advertisers win in a couple of ways; their sites will get increased traffic from people who read the review and like it, and they also add a link back that the search engines like to follow.

    Of course if you can boost the Page Rank of your blog you'll generate more interest from advertisers as they will want to get their link on your blog to increase their page rank.

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