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Targeted MP3 Affiliate Widget
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The Idea
My idea is a blog widget that allows you to monetize traffic by selling MP3 files of songs targeted to your blog's demographics. The widget would be a mashup of two web services.
The first is Amazon's affliate program that allows you to list specific music tracks on your website. If a user clicks through your link and purchases an item, you earn a percentage of that sale.
The second web service is the MyBlogLog API that provides demographic information about your blog readers (age, location, gender, etc..). The mashup service would track the sales of music across all blogs that have the widget installed and compile a list of the top-selling music tracks for various demographics. The service could then automatically update your blog's widget to provide music tracks that are most likely to appeal to the readers of your blog.
I thought of this idea when I was...
Many bloggers today are using Amazon affiliate links to monetize their blogs. When MyBlogLog releases their API in the upcoming months, this will be a unique opportunity to provide incremental benefit to the hundreds of thousands of bloggers who are already using the standard affiliate link widget. The pitch to bloggers is "keep the exact same widget interface and account information that you are using today, but take advantage of newly-available demographic information to maximize your potential profits."
Here's an article to learn more about the potential opportunities around this new API: http://www.readwrite...hives/myblog_api.php
Comments Posted
Great idea....
It would be great of this were an open-source ad tie in ....
My only concern about this idea on first reading was that you'd have a problem finding some way of selling the mp3s in the first place but if Amazon will do that for you (and if a service like this doesn't violate their T&Cs) then the problem is solved. Go for it!
This might work for bloggers who attract readers who listen to music related to the topic. BUT... there are a lot of blogs out there that are not "music quantifiable"
Being a musician-especially one that wants to make money online, I'm all for this one.
I like the idea of allowing me to generate revenue from my blogs, social networking sites, etc. This allows me to leverage my connections and networks to my financial advantage.
"blogs out there that are not "music quantifiable""
Well, I guess we would need some type of algorithm. Unless we just let the blog user promote the songs that they themselves like.
Sounds like it could would work if you also bundled it with some type of ad banner.
Hard to do... but interesting.
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