How I turned My Sports Blog into a Full- time Media Business | Learn to Become a New Media Entrepreneur
If you still blog for fun, it means you are toying
around with a million Dollar business in your hands. Well, if you do, LindaIkeji isn’t kidding at all. She has turned her blog into a full time media
house.
I read about Miss Malini on Forbes. How Malini Agarwal made over $50 million Dollar a year
blogging about Bollywood, India’s film industry. It opened my eyes to the
business. Then I knew I have been wasting my time and resources in what would
have been a very profitable venture for the past five years.
I started ‘Cheer on Nigeria’ blog to support my
Sport Marketing business. My aim was to use the blog to pursue a cause of
promoting Nigeria’s football; to show case my expertise as well as attract
leads for potential partners and customers. But I soon realized that the blog
can stand on its own as a new media business.
It done on me as advertisers began to contact me for
space. They wanted to place their advert on my blog; they wanted to promote
their sports events and products through ‘Sponsor- A – Post. Some were asking
for affiliate marketing relationship…
One of the major challenges I faced was time! Time
to do all I needed to do. I couldn’t write all the articles I wanted to write
for post; I couldn’t reply so many business correspondences coming in each day;
I couldn’t do marketing as well as accounting functions. So I was lagging
behind with my blog, spending much money on Internet connections and research
to get the best topics as well as in-depth information for my readers. But I wasn’t
breaking even, until I read the forbes’ account of Miss Malini’s blog.
1. Build
A Team: You can’t do everything, it’s not just possible.
You need a team!
At first, it was difficult to get the right team for
the two blogs I administer ‘Cheer onNigeria’ and ‘Inspire Football. I needed skilled personnel
who could easily buy into the vision and purpose of the media business.
At the end however, I manage to recruit 5 partners –
I, as the head of the company made up of a web master, a writer editor, two
marketers and an accountant.
2. Upgrade
your Business Plan: After two months of familiarization with
members of the team, we then sat down for business. We brainstormed and put in
place policies with partners, suppliers, customers as well as future employees.
We got our documents together with the appointed
company secretary, Holyfield Chambers
and began to legalizes company’s entities – as part of GreenHunters Sports International Holdings.
3. Promote
Your Blog: Now as a media business, we had to
promote and promote the two blogs to our target markets. We needed a least, 10,
000 page views on each blog per day, if we have to attract business customers of
any worth.
So we decided to promote on facebook, Adword… We did
a short video on Youtube and the response has been tremendous.
We sent out our introduction letters to Advertising
Agencies and major sports sponsors across the country.
4. Start
Building Business Relationships: This is the most
important part. Start building relationship with people that will roll in the
money. We decided to adopt direct advert placement on our blog.
You can well broker deals with Ad carriers such as
Adsense, Ad choice, Gillboard…
We looked at affiliate marketing options that are
attractive to our blog and reach some unique deal with them
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