November 10, 2006 9:53 PM
ReviewMe: Another Income Stream for Bloggers?
There seems to be countless ways for bloggers to monetize their content, and ReviewMe just created another one. By signing up for ReviewMe, you will have a chance to become a "hired gun." That is, someone who is interested in introducing his products to your readership can recruit you to write a review for a certain product.
Surprisingly, ReviewMe may pay pretty well. For example, ReviewMe assigned a default price of $250 for my blog (and ReviewMe will take a 50% cut). Based on my experience, every new post at PFBlog usually attracts about 500-600 readers in the first week. Considering the profile of my readership, $250 is not a hefty price to pay, though.
Does that sacrifice your editorial principles? Bloggers always have the discretion to decline review offers, and more importantly, the finished product does not have to be a positive review. Nevertheless, I will surely disclose this relationship should I choose to write paid reviews for ReviewMe (disclosure #1, ReviewMe is supposed to pay be $125 for writing this review).
I will, however, be surprised if there are a lot of offers for personal finance bloggers. Considering the strict regulations for many banking, lending and investing products, quality products that are worth personal finance bloggers' reputation and time may be far and between.
P.S. From a business model study perspective, it is quite refreshing to read how the people behind ReviewMe think of the business model:
Why ReviewMe?
Problem: Typically, large companies get their products/services reviewed by other Web sites/blogs benefitting from the traffic, viral nature of reviews, and valuable feedback, while new market players find it hard to get the word out about their products.
Solution: ReviewMe's marketplace of web authors will review your product or service on their Web site sending your site traffic, viral buzz, and invaluable feedback.
Problem: Due to a wide scope of interest many ad systems show exceptionally generic ads that are irrelevant and annoying, hurting the publisher’s ability to monetize the attention asset they have built.
Solution: Our writers review what they find interesting. If the writer finds something interesting the odds are it is going to be well in tune with what readers of that channel like.
11/11/06 | How To Make A Million Dollars In Ten Years
11/11/06 | Top 20 Highest Paying Careers in the America
10/20/06 | Robert Allen's Get-Rich-Quick Real Estate Program: Myth Busted
10/10/06 | Lousy Financial Advices From Robert Kiyosaki And Donald Trump
10/10/06 | 10 Highest Paid Female Executives
10/10/06 | 10 Highest Paid Male Executives
10/08/06 | Why We Want You to Be Rich - A Book By Robert Kiyosaki And Donald Trump
10/07/06 | How Much Is Your Master's Degree Worth?
10/07/06 | How Much Is Your Bachelor's Degree Worth?
10/07/06 | How Much Is Your Associate Degree Worth?
10/07/06 | How Much Is Your Degree Worth?
10/07/06 | Tips To Avoid Illegal Multilevel Marketing Plans
10/07/06 | What Is Pyramiding In Multilevel Marketing (MLM) Plans?
10/07/06 | Avoid These Common Work-At-Home Schemes: Envelope Stuffing
10/07/06 | Avoid These Common Work-At-Home Schemes: Medical Billing
10/07/06 | What Is A Franchise?
10/07/06 | Franchise ABC: The Cost Of Franchises
10/07/06 | Franchise ABC: The Control Of Franchises
10/07/06 | How To Select A Franchise?
10/07/06 | Can Medical Billing Really Make You Money? Hardly.
10/07/06 | What Is Multilevel Marketing (MLM) Plan?
09/26/06 | Legal Get-Rich-Quick Schemes
09/25/06 | The 400 Richest Americans
09/25/06 | What Would You Do With $1 Million?
09/12/06 | Rich Getting Richer (And The Income Gap By State)
09/12/06 | How Many Millionaires Are There In The U.S.?
09/12/06 | What A Million Dollars Means To You?
09/12/06 | Start Working On Your First Millionaire At Age 16
09/11/06 | Is One Million Dollars Enough to Retire On?
09/11/06 | How To Become A Millionaire In 7 Steps