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Wednesday, June 27, 2007

understand money in media, get your cut.

To understand the fact “Money Blogging” we need to understand ‘Media’ fist.
How does a news paper or TV channel runs?
From where do they get money?

The subscribers or readers pay for the news paper. But do you think it recovers the cost of the news paper. Certainly NO.
The money we pay for the news paper is some times less than the cost of the paper itself. Forget about the huge cost involved in organizing the whole bunch of editors, reporters, workers. Then the printing and managing the whole thing within time is even subject to expense. Finally every single day a news paper reaches to your hand, early in the morning. You get fresh and latest news of all matters.
But how much do you pay for it. you pay less than the cost of the paper used.
From where does the huge money come?
Yeh its very simple. The money comes from the sponsors. The money comes from those businesses, who put advertisement on the news paper.
People buy news paper to read the latest happenings. Beside those news they get to see promotional materials from different business.

Let us consider about TV. For news paper we pay a little, but for a TV show we the viewers pays nothing at all.
How they run this charity. Entertaining people for Free !!years around.
Again the money comes from promotional advertisers.

You sit in front of TV to see the program. Advertisement comes popping in before, after and within the show as interval, no matter whether you like or not.
Reason money. Thus actually the media business runs.

I think we are quite clear about the money factor involved in media business. Now put your sit belt on and join the flight.

Here your chance to take part on similar game through web media. Need not explain that, with the growing popularity of internet web is considered to be a very popular media in to days world. You can earn money by putting others ad on your web pages. Show it to viewers you get paid from the advertisers.
You are a little media moghul.

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