Alex, I’ll choose 5 reviews for $200 please…
I’ve been stumbling upon many blogs lately that are participating in sponsored review programs, like PayPerPost and ReviewMe. I don’t know about you, but the reviews are starting to annoy me. I used to be able to just skip by them when they were posted once in a blue moon. But now I am running across blogs that will have 4 review posts, followed by one “original” post, then 4 more reviews. What’s the difference between a site like this and a splog?
I understand how this can be useful for an advertiser with a very targeted campaign, but what is stopping said company from going directly to the influential blogger and negotiating directly? Oh, that’s right, this is really all about SEO. After all, the review costs are determined by Google Pagerank and Alexa Rankings. It’s probably cheaper and more efficient to buy a couple PR4 reviews than hire an SEO expert for a couple of hours for some link building. And forget about trying to convince a single A-list bloggers to review your product on their blog when you can buy your way onto a myriad of blogs lesser in statue for a similar cost.
And what about sales? Does CTR matter? Is the review the same as a giant CPM banner that gets buried into a blogger’s archive in a week?
The great thing about the internet is that trends run in cycles. Will the sponsored review phenomenon last? Not in it’s current form. Here’s where I see it heading, which I think would be a good thing. Why not have the advertiser pay the upfront fee like they do now, but offer an affiliate tracking link and commissions for sales conversions? Both sides would win. The advertiser gets the SEO link that they are currently paying for, and potential a new sales channel. The blogger gets paid for the placing the “review” on their site, and can earn commissions by referring their readers to the advertiser’s site and completing a sale. Bloggers have been slapping affiliate links on their sites like it’s going out of style, but I’m willing to venture that a majority of them aren’t rolling in the commission dough. By giving them a little cash up front, they may be encouraged to write a better, more focused review. The cookie could be tracked through the permalink for the article, which may be necessary if(when) google continues to devalues affiliate-type links in it’s algorithm.
What are your thoughts? Are you making good money through blog reviews? Better yet, for the advertisers, are your sales increasing directly from the reviews, or more from the link-building SEO benefits?

There is now a site available that can help the discovery process. 
