26 Oct
Posted by Dom
Tags: advertising, revenue, success, techcrunch
If my previous post about quitting blogging was enough to make you want to go and jump off the nearest bridge, take heart, because this proves it is possible to make a living out of blogging - and then some.
Michael Arrington set up TechCrunch - a blog about Internet startups in silicon valley - just two years ago. Now, as SF Gate reports, it’s pulling in $240,000 a month in ad revenue and employing eight people. That’s not bad going for something that started as a hobby.
Yet there’s something that bothers me from the article:
TechCrunch illustrates the new blogging math. It sells sponsorships that allow advertisers to display on the home page at $10,000 per month. It also uses Federated Media to sell display ads, keeping 60 percent of the revenue. And it charges $200 to list in its Cool Jobs section, getting about five or six want ads per day.
For the sake of simplicity, let’s assume for a second that all the ads on TechCrunch are sold through Federated Media. That would mean FM are taking $160,000 a month from TechCrunch for selling a few ads.
Now call me old fashioned, but if it was me, I think I’d be hiring my own ad sales team right about now, rather than paying someone else nearly $2million a year.
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