SponsoredReviews is the latest pay-per-post network which allows bloggers to earn cash by writing reviews about advertiser’s products or services.
Currently in beta testing, and primed for a public launch soon, Sponsored Reviews works in the same vein as other websites like PayperPost and ReviewMe: Advertisers announce specific campaigns and bloggers will get paid if they choose to write a review about it.
Nothing earth-shattering but it does prove the tenacity of sponsored posting, which continues to sprout its monetizing tentacles over the blogosphere. Here are some specific points from their pre-launch press release:
* Lower Transaction Fees - Our transaction fees will be much lower then Reviewme, which means more money for the blogger and more affordable pricing for the advertisers.
* Search for Both Publishers and Advertisers - Advertisers can search for publishers and publishers can search for advertisers.
* Automated Rating System - Our rating system will make it easy to find high quality blogs.
* Bidding System - Advertisers and publishers can negotiate pricing
* Manual Pricing - Bloggers will be able to set their own prices. Our system will make recommendations based on our automated ratings system, but bloggers will be able to choose their own price.
* Full Disclosure Required - We take our responsibility very seriously.
* Bi-Weekly Payouts - Get paid fast! Most of our competitors payout monthly.
Two points that seem attractive to me: The blogger’s ability to determine the price for the review via the bidding and manual pricing system.
Currently, the only website that lets users to manipulate the pricing system is B|ogsvertise, which allows users to set the lowest price they are willing receive for a review.
Not very helpful when it comes to making the most money from an assignment, so I’m interested to see how Sponsored Review’s policy turns out.
Second Point: Bi-Weekly Payouts. Very useful for bloggers with a tight cashflow. Although Blogitive pays it’s users weekly via Paypal, Sponsored Reviews has more potential, given the relatively higher pricing one can set on a specific review.
Blogitive currently pays only US$ 5 for any review, regardless of blog reach and PR. Which is pretty crappy, given the industry standards for paid advertorials.
No specific date is set for the beta launch, however you can sign up to be notified via email. Let’s hope Sponsored Reviews turns out to be a relatively profitable venture for monetized bloggers.
Thursday, July 3, 2008
Make Money Blogging with SponsoredReviews.com
Labels: How to Make Money Blogging
Posted by iLoveApp at 3:50 PM
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