Ways to monetize your online forums without using banner advertisements. By Murray Newlands
On forums, users are exposed to traditional banner ad space for a much smaller proportion of their time than on blogs. Furthermore, they’re frequently focused on doing something else (e.g. writing a post or figuring out how a thread has evolved) than when they’re reading a blog. As a result, they are less likely to click on your banner ads even when they see them. This means that forum owners require additional ways to make money on their forums. But, many aren’t sure what else to do, or how to get started.
I was making money online as an internet marketer before a lot of people even had the Internet. As a result, I’ve become an expert in online marketing and I want to help community managers make more money too. That’s why I’m sharing three ways that you monetize their forum, whether they’re looking to just pay for their server or want to make their forum a good source of side income:
Users have been blind to banners for years, so a lot of forums place advertising posts in between two real posts. The reasoning for this is that people develop a sort-of Pavlovian response to expect ads in traditional advertising areas, such as the banner spaces above the fold, so they do not click on those ads anymore. You should always disclose these adverposts as being advertisements, even though it might be obvious. It’s still a good idea just in case anybody could be confused, and that way you can’t be accused of having underhanded advertisements.
The Something Awful forums charge new users $10 to sign up, and it’s a one-time fee. This helps them cover hosting costs and makes it so that existing members don’t have to see ads, which increases the value of off-site advertising such as newsletters. However, recurring subscriptions work too, and they can be especially useful if you have an established forum for experts within a field. These people will be more willing to pay a yearly fee to keep out all the noobs and spammers than hobbyists or enthusiasts who aren’t exactly experts.
In-content links are an unobtrusive way to generate additional site revenue and ideally suited to all types of content — including the user-generated content synonymous with forums. And additionally, they are completely complementary to banner ads and [ad-posts].
Plus, unlike banner ads, VigLink ads reach out with forum users when they’re reading the content, instead of before they scroll down to read what they were looking for (like above the fold banner ads).
This year’s ForumCon is on June 12 at Hotel Kabuki in San Francisco’s famous Japantown. It’s the only forum convention in the world so make sure to be there to learn more about monetizing your forums, to make connections in the industry, and network with other forum owners and tech people. VigLink is hosting ForumCon and a limited number of tickets are being sold at a special price of $69. More information can be found at the ForumCon website — hope to see you there!