PayPerPost has once again shown that it is the top in it's field which is paid blogging. The have from the beginning promoted blog ethics by it's bloggers and have insisted on full disclosure statements in the sponsored posts. Despite all of the criticism they have endured, the advertising model continues to grow in popularity and effectiveness and is now second to none in the industry. With that in mind, investment in PayPerPost continues and is fully outlined in the press release included below. Look out Internet world, it appears that paid blogging is here to stay!
Press Release The PayPerPost Revolution Accelerates, Sponsored Blogging Marketplace Secures $7 Million Series B
Draper Fisher Jurvetson leads round and joins Board of Directors
ORLANDO, FL – (June 12, 2007) – PayPerPost, the leading marketplace for advertisers to reach bloggers and other consumer content creators, today announced it has completed a $7 million second round investment led by Draper Fisher Jurvetson, an investor in the company's Series A and one of the world’s leading high-technology venture capital firms. The financing brings the total amount of capital raised by PayPerPost to over $10 million, giving the company considerable resources for further development as the industry’s leading Consumer Generated Advertising marketplace. Additional participants in the round include existing investors Inflexion Partners and Village Ventures as well as new investor DFJ Gotham. With this investment, DFJ Managing Director Josh Stein also joins PayPerPost’s Board of Directors.
“PayPerPost created this exciting new advertising space and has established itself as the industry leader,” said Ted Murphy, chief executive officer of PayPerPost. “Although we’ve only used a portion of our first round capital, this added support from investors unlocks significant growth potential. Our content creator and advertiser ROI metrics clearly demonstrate the upside for PayPerPost’s model. We intend to use this capital to build the infrastructure, visibility and professional expertise necessary to reach and retain a greater network of advertisers and content creators than ever before.”
Since its founding in June of 2006, PayPerPost has signed more than 6,500 advertisers to its groundbreaking service, which has enabled Consumer Content Creators to be compensated for their efforts discussing specific companies, products or services via blogs, videos or other media. The content creators are required to disclose relationships with advertisers on their blog, providing transparency for the end reader. Over 125,000 Internet postings, most in the form of blogs, have already earned money for their creators through PayPerPost’s innovative marketplace. PayPerPost recently released PayPerPost Direct, a disruptive new service that allows advertisers to contract and negotiate directly with individual bloggers they identify through a safe, managed system.
“PayPerPost has laid a strong foundation for the future,” noted Tim Draper, founder and managing director of Draper Fisher Jurvetson. “It continues to attract a critical mass of participants from both the advertising and blogging communities. Analogous to Overture’s sponsored search model, we believe PayPerPost’s business model holds disruptive potential and will enable the company to thrive in the evolving paid-content arena.”
To mark the $7 million dollar funding, PayPerPost has launched a new website detailing the company’s service offering at http://www.payperpost.com. Bloggers and advertisers can easily sign up at the site and begin leveraging the self service marketplace.
As a long time user of PayPerPost, and a few other miscellaneous paid posting companies, it was really nice to see someone come out with another direct to advertiser option that doesn't keep all the dollars for them selves. ReviewMe is one of those options, but 50% of the offer is kept by ReviewMe and you will only receive the other 50%
PayPerPost on the other hand has just launched a new system called PayPerPost Direct which allows a blogger to gain "direct" advertisement for blogging and effectively eliminates the middleman from the whole equation. They only collect a 10% fee, of which 5% is to simply cover the PayPal fees for the transaction.
Once again Ted has started thinking outside the box, and has found another way to allow the blogger doing the blogging to capitalize on the advertising and let the blogger profit. This will have no affect on the normal PPP opportunities and they remain as they always were, but everything is available from one easy to use interface, which also recently received a nice enhancement for Posties.
Click the "review this post" button below to join PayPerPost and start earning money today, or if you have a special request that you would like me to blog about for you, click the "hire me" button on the top right of this blog to request you very own article or advertisement.
First I guess I'd better explain what Rock Startup is for those who don't already know. Rock Startup is PayPerPosts idea of a reality show program. It's really been more a a "reality journal" of the history of PayPerPost and some of the many challenges and opportunities they have all been facing through the last year as they have been trying to get PayPerPost turned into a household name.
My favorite episode is episode nine, which is where Ted gets gets the Postie Patrol in reverse and has to find fifteen items in the office in 5 minutes. They brought in Colleen, who's been at the top of the PPP earnings list for as long as I have been part of the program which is about 8 months now. She has been around PayPerPost for quite some time now, almost since the beginning. I also really liked episode eight, because that's where the work with the PR company started and since then the opportunites have been increasing greatly for us all!
In Episode nine, called Blog Mogul, it was really fun to see the gang having a good time at Ted's expense and by the look of it, it was good timing as he appears to have been in need of some stress relief right about then.
I have enjoyed the entire reality show concept about PayPerPost and it has been really fun watching how they've grown and many of the great adventures they have shared with each other and us as well along the way. Long live PayPerPost! May they continue to "Rock Startup" and I can't wait to see what else is coming in the near future.
Do you love to blog? Do you have something to say and love to say it often? Do you have a high traffic blog, or maybe a lower traffic blog that you still establishing a readership with? If you have any of these things in common about your blog then PayPerPost is the place for you to go if you'd like to investigate a new way to monetize your blog.
Everybody blogs for vaery different reasons, but blogging has definateky become a very popular way to spread the word about most any topic you choose. So if you are going to be blogging about things you know, or are passionate about, why not get paid to blog and ad some income to your passion or hobby of blogging?
There are numerous paid blogging sources out there like Blogitive and ReviewMe, but I can say from personal experience with all three, that PayPerPost by far is the best program out there. At PPP, the opportunites are frequent and plentiful, and they charge a very fair rate to their advertisers in comparison so it's a good value for the money too!
If you blog has a high enough Google and Alexa rating and your writing skills are pretty good, you could make as much as $1000 for just one opportunity. With segmentation, the posts you will qualify for rely on your writing abilites and the quality of your blog wiht respect to Google and Alexa. The more popular your blog, the better the opportunites but there are also plentiful opportunities for the newer bloggers as well. The only requirement that PayPerPost has is that you have disclosure policy on your site about your blogging opportunities.
Don't wait for tomorrow...this program is for real and and you too can get paid to blog starting right now. Just click on the "Get Paid To Review My Post" badge at the bottom of this posting and join today!
PayPerPost has released a new affiliate program called "review my post" where other bloggers can join the program and now get paid to blog about each others posts. Once again the PayPerPost ad network is leading the way when it comes to innovation in the blogging world and continues to think outside the box. This program gives us the opportunity to invite new prospective bloggers to join the program when they visit our blogs, and by joining they will be provided with an opportunity that is created just for them where they can earn $7.50 for doing so.
This gives us all just one more avenue to create an additional revenue stream with PayPerPost and build traffic to our blogs as we do it. The reason I mention that this will build traffic, is because once they review our blog, it will create another link that helps increase our page ranks and blog popularity and becomes viral in nature. Everyone in the IM world knows that "viral" is always good!
PayPerPost has offered an affiliate program in the past which you also can be part of that you can also refer new user through but did not provide the incentive for both the potential and existing blogger in the way this one does. All you need to do is add a simple bit of code to you blog template and it becomes part of every post automatically. Get on board today, the ride is great... get paid to advertise on blogs! Technorati Tags: PayPerPost, Affiliate Program, Paid Blogging
