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Monetizing The Mommyblog, Brands And Bloggers: An ABDPBT Personal Finance Series
This is the second installment in the latest incarnation of the Monetizing the Mommyblog series on ABDPBT Personal Finance. This Bloggers and Brands Series focuses on content-column pairings — the compensation involved, how the deals are made, and the pros and cons of each deal between a blogger and a brand for a placement within the content column of a blog. Since I don’t want to jeopardize any of these deals, I am striving to maintain strict confidentiality about the identity of both the brands and the bloggers involved in all of these examples, while still making the process and compensation transparent for people who are interested in arranging similar deals for themselves.
Case Two: Kid-Friendly Resort With Established Parenting Blogger
This successful parenting blogger was approached to do a consulting job for a resort company that was looking to make its facilities more kid-friendly in order to target the growing market of parents vacationing with young children. The blogger was already well established in the parenting community and earning money for both her blogging and for work done in a consulting capacity. The resort’s original pitch to this blogger included:
a four day stay at the resort;
air travel, cab fare to and from airports;
food and drink while at resort (resort is all-inclusive); and
one spa treatment while at resort.
The package, based on current market value, is worth between $1500-$2000, and was offered to the parenting blogger in exchange for:
Listening to a 3-hour timeshare presentation and offering critiques on how to make it more appealing for a kid-friendly/parenting audience;
Doing a few on-camera interviews about her experience at the resort (total time spent on this, she told me, was no more than “ten minutes”);
Taking a few sightseeing tours, on which they were filmed for promotional videos; and
Posting a widget for the resort on her blog when she returned from the trip.
Regarding the widget, the blogger agreed to post it within the text of a post on her blog that would be archived, but if they wanted it to appear as a sidebar ad, they would need to purchase it through her advertising network. She also told the resort she was interested in their deal, but that she was used to being paid for her consulting work. Given the fact that this package included other, non-cash income, they negotiated a reduced rate of $1200 for the consulting work, which brought the grand total value for the deal to $2700-$3000 in cash, goods and services when all was said and done, in exchange for four hours of work, one post and posting a widget.
Not bad — just remember to report it and put aside $750 of that $1200 for Uncle Sam.
Monetizing The Mommyblog, Brands And Bloggers: An ABDPBT Personal Finance Series
Welcome to the latest incarnation of the Monetizing the Mommyblog series on ABDPBT Personal Finance. This Bloggers and Brands Series focuses on content-column pairings — the compensation involved, how the deals are made, and the pros and cons of each deal between a blogger and a brand for a placement within the content column of a blog. Since I don’t want to jeopardize any of these deals, I am striving to maintain strict confidentiality about the identity of both the brands and the bloggers involved in all of these examples, while still making the process and compensation transparent for people who are interested in arranging similar deals for themselves.
Case One: Baby Care Products With Established Niche Blogger
Below are the main points involved in the first blogger/brand pairing in the series, which involved pairing a niche blogger with a good deal of trust capital with a brand of baby care products. The deal involved participating in a Twitter party, as well as several sponsored posts and giveaways hosted on the blogger’s main blog. The deal was brokered by a PR company, and the initial research was facilitated by a social media consultant who is well known within the mommyblogging community. The specific relationship between the PR company and the social media consultant and the compensation from the brand to those two entities is unknown.
1. Blogger Was Selected Because She Was Discussing Something On Twitter That Suggested She Was a Brand Match.
Blogger/brand pairings can be created through a variety of channels: the brand can be pitched directly by the blogger, or a PR company can come to them with a list of bloggers who are a good fit for their brand, or they can approach specific, well-known bloggers with whom they would specifically like to work. If you are not an extremely well known blogger, it’s less likely you will be pitched directly by a brand only because there are few brands out there that have the kind of personnel necessary to do that kind of research into brand and blogger matching. Few brands have the kind of budgets to warrant a social media representative, and so the only kinds of bloggers who regularly get pitched directly by brands are usually the ones with high traffic levels (though there are exceptions).
Bloggers of all traffic levels may be approached by PR companies representing a brand or several brands, and in some cases, they will be offering paid gigs. More often than not, what they will be offering is nothing. But you never know. In the case of this blogger, she had been writing a blog for many years without doing any kind of PR work (though she did run ads on her blog) before she was approached for this deal. She was approached after participating in an organic discussion on Twitter that suggested she was a clear brand match candidate for this campaign, but she was also well known in the community and had a significant amount of trust capital built up that made her a good “catch” for the PR company — she had never worked with a brand before and was therefore thought to be particularly credible.
2. Blogger Has Significant Trust Capital With Readership And This Brand Is An Unusually Good Match For Her
The choice of this blogger for this brand is an example of really good research done by the PR company working for the brand. The blogger involved has a particular affinity for this brand and because the PR company did their homework — both on the brand and on the blogger — they were able to match up somebody who was unusually well suited to this job. They found somebody who was already poised to be a brand evangelist, and then was able to pay her for her already established enthusiasm for a brand. This made their job easy, and it made the blogger’s job easy as well, because her readership already knew of her affinity for the brand, so reading sponsored posts was no big deal for them.
3. Twitter Party ($75/Hour) Was Rolled Into Bigger Deal
The first step of this deal was to facilitate/participate in a two-hour Twitter party with several other Twitter users (some of whom were compensated, and some of whom were not) while using the branded hashtag, under the blogger’s regular Twitter username. The compensation for two hours of work was $150. There were several people paid to participate in the Twitter party, but not all of them were offered the larger deal with sponsored posts and giveaways. Though the larger deal was never officially stated to be tied to the Twitter party, the paperwork for the larger deal did not go through until after the Twitter party took place; the blogger was left with the initial impression that the Twitter party was serving as some kind of weeding technique for the larger deal and/or that the paperwork might have been delayed in order to ensure that everybody participated in the Twitter party, because it was the least attractive part of the whole deal. Later, though, she said this was probably not the case, and that some alternative social media was always rolled into the deal.
4. Larger Deal Involves Two Posts, One Giveaway To Be Posted On Blogger’s Blog
The larger deal was to participate in the Twitter party (its specific pay was the $150 rolled into this deal) and to discuss one product line on the blogger’s blog in two posts. For those of you keeping track, that is about $675 per post, which is way better than you are going to get from most places willing to pay you for your writing these days. Of course, they are not just buying your writing, but we will get to that later. When I asked about how much oversight the brand/PR company had over each post, the blogger said it was very little. The PR company *did* look at posts before they went up, and they *did* make suggestions, but she said that they never forced her to change anything or asked her to talk about anything in a specific way. She also said that they wanted things in her voice, that this was why they hired her, and that maintaining that was essential to the whole campaign.
5. 2 Subsequent Deals Were Similar In Structure, Involved Other Social Media Outlet Engagment Rolled In
The brand was happy enough with the blogger’s work on this campaign to ask her to participate in two more campaigns for them. Both of those deals were structured in similar ways with similar compensation: 2-3 posts and/or a giveaway on her blog, and some kind of other social media engagement, either on Twitter or Facebook rolled into the deal. The total for the whole deal was therefore $4500 for about 7 or 8 posts.
6. Deals Like This Are Only Open To People With A Ton Of Trust Capital Built Up
It is important to note here that a big part of what is being purchased is trust capital — this is a blogger who has a huge amount of credibility that has been built up over the course of time. She has never done any kind of product placement or PR work on her blog before, and her audience has been established over the course of years of regular posting. Though her audience isn’t large when compared to the likes of Dooce or Pioneer Woman, it is an audience that views her as a trusted friend, and that makes her extremely influential when it comes to buying things like products to use for caring for one’s child. That kind of influence is what the brand is buying, as much or more than the actual space on the blog, and that kind of thing is expensive. That kind of thing is also finite — you cannot make deals like this every other week and expect to have a supply that never runs out. Trust capital is tricky — in this case, it was a good choice because it was a brand about which the blogger felt very strongly, and it was a good opportunity with good compensation. Make sure any kind of deal that you are considering meets the same kind of criteria.
If you watch Gabrielle Blair’s every move as intently as I do, then you’ll have noticed that she recently launched a new project, CliqueShop that launched earlier this week. Cliqueshop is a kind of group buying, coupon clearinghouse that is the kind of thing you might get if you merged a sample sale membership discount site like Gilt Group or Daily Candy’s Swirl and confined it to coupon-specific deals from vendors that appeal to the Design Mom audience.
Does it sound complicated?
Here’s how it works for the consumers: a deal is posted each week — this past week it was a deal where you could pay $10 to get a $25 gift certificate toward some organic cleaning products. Now, assuming the deal goes through, you are guaranteed a $15 profit on this purchase. But, the deal only goes through if there are 75 buyers. So the buyer has to go get some friends to join them in the purchase if they really want to get the deal. If it’s something you really want, it makes sense why you’d want to do it — you’re guaranteed a return.
For the vendors, it’s appealing because there’s a guaranteed number of people who are going to have an investment in seeing the deal going through. And if the deal doesn’t go through to a certain number of people, they don’t have to give any discounts. So there’s a good chance that they’ll get a bunch of click-throughs to their e-commerce site without actually having to extend any kind of discount to anybody. They are also likely to be on the end of a social media grassroots word-of-mouth effort if a product is particularly popular. Their return is pretty easy to see, in terms of advertising, though it does depend on how much they are paying to get this kind of placement (I tried to get Gabrielle to tell me this, to no avail — I’m guessing that, in addition to the cut she’s taking of each sale (e.g. on the coupon example above, she’s getting $10 and the coupon is costing the vendor $25), I think there’s probably a decent amount being paid to her just to get featured, but I didn’t get a chance to confirm with her so I cannot say for sure.)
For Gabrielle, the benefits are clear: she gets the price of each coupon, assuming the sale goes through. If the sale doesn’t go through because there aren’t enough buyers, then all the money is refunded to the buyers and she is out merchant fees, etc., but otherwise she gets those commissions, plus whatever she is getting from the advertiser for the placement. Smart cookie! No wonder Time just named Design Mom one of the Top 50 websites of 2010!
Update: It looks like Cliqueshop is actually some kind of affiliate program version of Groupon (though it’s unclear if it’s affiliated with Groupon or not at this point). If I were actually thorough in my reporting, I would have realized this, but luckily, my readership is smarter than I am, and they figured it out for me. So, anyway, carry on.
Just Like The Number Where 2+2=Six. A blog about life in the family Six, party of four.
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