How can a person earn money from full-time blogging?
Majority of people want to quit their 9 to 5 job as it is draining their professional and personal life.
In most of the cases, the 1st thing which might pop up in their mind is starting a blog and make a living out of it, so that they can be independent of their location and spend time with family and friends.
As this being said, you can ask me is it that easy to start a blog and make a living out of it instantly? Answer to this question is a big ”No”.
People do not buy goods and services. They buy relations, stories and magic .-Seth Godin
You need to put in a lot of effort like -
choosing a profitable niche by doing proper research on the topic you are passionate about.
Setting up a blog.
Create high-quality relevant and useful contents that solve people problems.
Promote your blogs on various channels, get traffic to your webpage and create audience base.
keep your audience engaged and gain trust and become a subject matter expert.
Choose and implement income streams that are relevant and suitable for you.
Facts: 75 % of the people never scroll past the 1st page of search engine.
Now the actual question, can we make money through blogging? The answer is “yes” if are passionate and have decent writing skills.
How long does it take to make money through a blog?
It depends for some it might take a few months and for others, it might take years.
If you are in the mindset through blogging you can get rich quick then you are totally wrong, like any other field this can't be done overnight and it requires a lot of patience, at least it might take 6 months to monetize if you write quality content and gain customers trust.
Note More the traffic to your site, more the money.
web traffic
How much money can we make?
There are a handful of bloggers who make millions, a few of the bloggers can make a living out of it and the majority of the bloggers don’t even make a single penny.
This is not to discourage anyone, if you can do it right you can earn money for sure.
But before we dig into the actual topic, let’s see What is a blog all about?
A blog is an online diary/journal that is being updated regularly and is located on a website or a webpage. The blog is usually maintained by a single person or a small group, but these days even corporate blogs exist.
The main purpose of the blog is for personal use, sharing information and engaging with a group of people.
Content of the blog can be of any format like text, video, audio, pictures, animations, gifs etc
There are various types of blog posts like list, how-to, FAQ, case study, solution, guide, definition, interview, story blog etc
Facts: Blog post appear in reverse chronological order(newest content appear first)
way to make money by blogging
Let's get into the topic, how to make money by blogging?.
8 Ways To Make Money Through Blogging
1.Affiliate Marketing
affiliate marketing
It is the most profitable stream.
What is affiliate marketing?
It's an online sales tactics that the advertiser or the owner of the product uses to increase the sales of the product by allowing people who have the same target audience to earn a percentage of commission by recommending the product to their audience.
How does affiliate marketing work?
An advertiser will have their products or services that need to be sold. They agree to give you commissions from each sale if the buyer is coming from your site.
A unique link will be given to track your affiliate code. That way the advertisers know when a buyer uses your link to make a purchase.
You can include that unique code in your content or in your banner ads.
If your readers buy, you earn a percentage of what is being purchased.
You can find a list of products to promote from
Amazon
Commission Junction
ShareAsale etc
Note: Choose a product that you use and that your readers might also be interested as well. See if they have an affiliate program for that and signup for it.
2.Google Adsense
Google Adsense
It is one of the easiest ways to earn for a blogger.
Google chooses ads that are relevant to your content and places them on your site.
There are 2 types of ads
CPC/PPC ads(cost per click/pay per click) - you will get paid every time a user clicks on the ad.
CPM ads (cost per thousand impressions) pays a fixed amount based on the number of views the ads received.
You need not come in contact with advertisers directly. Google handles everything and acts as a middle man.
Google takes a commission.
You need to a script to the website in order to display ads.
Place banners on your site.
Usually, banners are placed in-between content or sidebar.
You need huge traffic to get a good income from Google Adsense.
Facts: companies that use the blog as a part of their content marketing strategy get 67 % more leads more than others who don’t.
The money you will get is limited as each ad click earnings will vary.
3. Sell Private Ads
banner ads
If your site is getting good traffic.
Advertisers will approach you and ask you to display their ads on your site.
You can approach suitable advertisers to place their ads on your site.
You will be in direct contact with the customer.no middle man, so you need not worry about sharing money with anyone.
You need to negotiate the price and terms on your own.
You can make more money through private ads.
Ads will be placed as banners or can be in the form of links or button. Charge a one-time fee for the link within the post and the monthly fee for the banners.
Come up with proper agreement and terms.
Note: keep ads to a minimum of 1 or 2 as it can end up frustrating the customers
4.Sponsored Post And Writing Paid Reviews
sponsored post
There are many brands and businesses that look for a website with decent traffic for writing a sponsored post about them.
Bloggers will be paid by the company for representing their company products by writing, talking and promoting it to their readers.
Some bloggers will not be interested in placing ads on their sites, as it might disturb the readers and they will not have any control over the content placed on the blog. Moreover, people, these days use ad blocks, which might affect their earning potential.
Prepare a one-page media kit, that would give stats of how much traffic you receive, demographics, social media following and other data that will make your site more appealing to the advertisers in your niche.
You need to add sponsored/paid review to avoid any kind of legal troubles.
Facts: a website that features blogs will have 434% higher chance of ranking on search engines.
Example: Yourstory
Underwritten posts or series
companies allow you to write about any topic, but companies pay for a “Brought to you by” mention in the content.
Sponsored social content post
If you have a good customer base with great customer engagement ratio in social media channels, you can post a sponsored content on social networking site to promote the product to their customers.
Writing paid reviews
write paid reviews
Try out products that are related to your niche for free and get paid for writing reviews about it.
Always choose products that are relevant to your niche and that would interest your audience.
Example; PayPerPost can help to connect you with businesses who may be interested.
Host sponsored contest or giveaway
Companies offer to host a giveaway or contest on your blog or social media to increase awareness of their businesses among your followers.
Tips: Don’t use “click here” instead of any keyword phrases for links as it is not an effective way and won’t be for SEO.
5.Earn Money By Flipping Website
website flipping
Flipping website means to make and sell traffic generating websites.
New businesses with no large impact initially will buy sites that already attracts traffic, that they intend to reach so that they need not invest much of their time in attracting customers from scratch.
Example: Flippa acts as a broker between blog builders and blog buyers.
6. Sell Digital Products Online
sell digital products
If you don't want to advertise other people’s product or if your looking for another stream of income is by selling a digital product.
Ebooks can be sold by putting together good posts from your blog.
Online courses/workshops give personalized support, prepare a lesson for your course and supporting material like slides, checklist, downloads etc
Images, videos, contents, music can be sold so that people can use it in their blogs or content.
Note: don’t assume things, listen to readers 1st and then create products that will meet their needs.
Webinars share your experience and grow your business, webinars are live and includes question and answer section.
You have to be extremely good at what you do or prove that your content is highly valuable. Because it is very hard to convince people to pay up.
Sell Memberships
Sell memberships only to exclusive contents of the website,
Content what you offer has to be more valuable than most of the contents which are available. for free
You have to develop something which is very valuable and worth the price.
Usually, membership fee should be paid monthly or annually to access premium content.
Your most loyal customer or huge fans will be ready to pay and buy to read more of your work. Give them access to in-depth blog posts, downloads, videos etc
Example: Courses | Robin Sharma
7.Sell Physical Products Online
f you have 1000’s of readers hooked up to read your contents then sell physical products like
Books with detailed information related to your niche can be sold.
Hand made products.
In person conferences, classes or special events
Manufactured products
It is a bit complicated as it might require a manufacturing unit, keeping inventory etc it will be very hard to maintain.
8.Services Like Freelancing, Consulting/Coaching Can Be Offered
Freelancing services
freelancing
Like content writing designing, SEO etc
Offer your skills and expertise as a freelancer.
No upfront investment of time or money.
It is more draining and time intrusive
Consulting
consulting
t is another way to make money by sharing your expertise.
Offers advice and strategies related to business so as to businesses can become effective.
No startup cost required to set up.
Create a page with a form so users can request for more niche related information
Coaching
Can provide one on one help to the audience with coaching sessions.
They offer advice, accountability and guidance for setting long term and short term goals and improving their life.
The 8 ways we learnt to monetize blogs above are the best practically-proven ways to make money by blogging
It’s not the best content that wins. It’s the best promoted content -Andi Crestodina
Image source Google
Thanks for Reading
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