The current Google PageRank update is important for one reason only - making money!! Having a PageRank above zero opens up a wealth of money making opportunities for you to explore. For all the blogs that have just received their first PageRank, here are the best ways to help you easily profit from having a PageRank:

GET PAID TO BLOG:

The biggest player in this arena is definitely PayPerPost. They’ll hook you up with advertisers who are willing to pay you to blog about their site or product and they’ll organize your payment through PayPal. A lot of the advertisers on PayPerPost specify that your site must be above a certain PageRank but once you’ve got one, there’s a lot of money to be made. Without a PageRank, there’s hundreds of dollars to be made - with a PageRank, there’s thousands!!

Other ‘Paid to Blog’ sites don’t emphasize the PageRank factor so much, but your chances of finding advertisers willing to pay you aren’t as great either. For other ‘Paid to Blog’ sites, check out Blogsvertise and Sponsored Reviews.

SELL LINKS:

The best way to increase your PageRank is to be linked to from other highly ranked sites. Now that you’ve got PageRank - that’s you!! That means that more people will want links from your site and many more will be willing to pay for them. Text Link Ads is the biggest player here and they’ll help people buy links on your site. Not only that, but by inserting a small piece of code, the links will automatically display on your site!

Now that you’ve got PageRank, you’ve got a greater chance of meeting their strict entry requirements. Top bloggers use Text Link Ads to charge over $200 a month for a single link on their site - it’s the easiest way to make money online!

Fortunately, Text Link Ads have also recently changed their system to allow Blogger blogs in on the action - so I’ll be taking advantage of this program!

Another site to sell links through is Adbrite - which is a bit of a cross between Adsense and Text Link Ads. You’re still displaying link ads, but unlike Adsense, you can set your own price. You won’t earn as much as through Text Link Ads, but if your blog doesn’t meet TLA’s strict requirements, it’s an excellent alternative.

PAID REVIEWS:

ReviewMe is a great place to show off your blog to advertisers who are looking for paid reviews. Advertisers purchase a review from your site and you get paid to write about their product or site.

Unlike the ‘Paid to Blog’ sites, the advertisers have to find you and telling them that you’ve got a PageRank is a great way to make your site stand out from the others. The downside is that ReviewMe takes 50% of what you charge, so advertising paid reviews privately on your site can be a better option for those with lots of traffic.

LINK EXCHANGES:

New bloggers ask for link exchanges, blogs with PageRank get asked for link exchanges. Use this to your benefit - charge them! Remember that your site is likely to have more traffic than the new blogger’s site and you’re not only sending them more traffic than you’ll receive but you’re increasing their future PageRank too. It would only be fair to charge a few dollars for this service!

With all of these opportunities expect to be told pretty quickly that you’re evil and have sold out - but you’ll also be making money!