If you have high traffic, you can do well with Nuffnang and get more sponsored posts. I know this for a fact because some bloggers are getting more than $1k per month from Nuffnang. It all boils down to traffic and the number of visitors to your blogs. That is why you need to build a community of repeat visitors who will come and comment on your blog and create buzz. You also need to be consistent and maintain your blogs on a regular basis. Making money online is never easy and sometimes you need some luck and favor of God.
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