I have a site which is nearly 3 years old and want to turn it into a blog, starting everything from scratch. It used to rank well for some highly competitive terms but I haven't updated it in months so those rankings have slipped a bit.
Does this sound like a viable idea?
My plan is to turn it into a multi-author blog as I don't feel I can commit the time to produce content every single day. I don't want to pay bloggers per post, instead I thought of allowing them 100% of the income generated within their post (adsense, chikita, affiliates etc) whilst I make money from the sidebar (text links, banners etc).
1. Bloggers to use their own adsense ids (not sure if google would allow this) or
2. Set up channels and then pay bloggers by paypal when the money comes through. I would set up the blog to look like: www.mydomain.com/betty/blog-post-on-shoes In my adsense a/c I would create a separate channel for each blogger.
On www.problogger.net Darren has written about blog networks and how there are a variety of ways bloggers can be paid but he didn't go into much detail.
I am very interested to find out what people think of these ideas.