Izea and SocialSpark: Bloggers as advertising inventory?
Here's how it works: An advertiser can post an "opportunity" in the marketplace in the form of a sponsored blog post about their product or service, plus what they are willing to pay. Bloggers can browse these opportunities and select one to take on. The blogger then gets paid to write a post about that product.
A high-profile example is influential blogger Chris Brogan's post on Dadomatic about a K-Mart shopping spree. Chris was connected with K-Mart via Izea and given a $500 gift card to spend at a local store, and then encouraged to share the wealth with his readers/community via a contest.
The concept of pay-per-post has always been controversial. Blogs are essentially organic conversations, and many readers feel slighted when advertising infringes upon that. Chris Brogan wrote an excellent post explaining his involvement with the K-Mart contest, disclosing his reasons for doing it and detailing a history of successful blogger/marketer partnerships (including Seagate's ongoing sponsorship of Robert Scoble).
Here's my take. Many online influencers have become celebrities in their own right. Just like high-profile actors or athletes, money and sponsorships are going to come flying at them fast and furious. At the end of the day, it's up to them to decide which advertisers and brands connect best with their personality, reputation and fans/readers/community. Bands are considered "sell-outs" the minute they leave the garage, and bloggers will be criticized in the same manner as soon as they start selling ads or writing sponsored posts.
I believe it is the blogger's right to monetize their work and talents, as long as they participate in full disclosure. Izea, in fact, has put together a "Blogger Advisory Board" to craft the company's Blogger Code of Ethics.
So, what are your thoughts on sponsored blog posts? Do bloggers lose their credibility the instant they run ads on their site or participate in marketing partnerships? Or is this an acceptable new way for them to generate revenue from something they're good at? I welcome your thoughts and discussion in the comments below.