February 19th, 2007

ReviewMe - setting your own price

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ReviewMe, the site that pays bloggers to review products and services is contemplating on letting bloggers set their own review price [going live today]. This would be great for bloggers who think their ‘review price’ is too high to attract advertisers. One blogger I know would be glad to know of this development since his blog was set at an inexplicable high price. Although it feels great when someone pays you more but the high cost may be putting off several potential advertisers. It is definitely better to have more number of low-paid reviews than once-in-a-blue-moon highly paid review. Of course, that means you might have to play around with your review price until you hit equilibrium. Otherwise you might set it too low and attract a deluge of advertisers and soon your blog would be solely devoted to ReviewMe reviews. And that would suck.

ReviewMe is of course, just one of the sites that now pay you for blogging. The ethical dilemmas are entirely yours and as long as disclosed when a particular post was paid for, I think it is okay. I might not reduce my price right now. I have received two requests which I got paid for.

They are also introducing a Affliate program which if as successful as Text Link Ads would generate quite a bit of revenue even for the casual blogger. I’ve referred five bloggers last year through Text Link Ads and earned $125. This was in addition to the monthly earnings which was enough to warrant including it in my tax returns.

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