How to make money from blogging?
Are you wondering how to make money blogging? Many years ago I realized that bloggers were making money. In some cases, they were making a lot of money! Many of them seemed to be regular people just like me. How exactly were they doing this? How to get more traffic on your blog? Can I Make Money With Blogging?
3 important steps to make money from blogging
First, you start a blog and establish yourself as an authority by creating excellent, useful content about your topic. Then think about How to make money blogging.
Select and apply income sources related to your topic.
How do bloggers make money?
Most successful bloggers use their blog as a hub or online home base, then build several Income Streams from there.
It is important to use your blog as a hub because you can always be found there.
These income streams include advertising, affiliate marketing, selling digital or physical products, or providing services. We will go into detail for each below.
Bloggers make money through direct and indirect related opportunities on their blog.
How much do bloggers earn?
It varies widely. Some bloggers make millions of dollars a year. Others, like me, make a good income. Some make less, and some do not make money.
While it is interesting to know how much a blogger makes, the most exciting for me is how much a blogger can make. No amount is guaranteed, and it is not easy, but there are virtually no limits.
It is amazing how creative bloggers generate income. This is why I love blogging.
It is difficult to come up with concrete numbers about blogging income.
How long does it take to earn money from blogging?
It takes several hours per week to create and maintain a quality blog. Typically, blogging takes months before looking at the income from it.
I ask new bloggers to allow at least 3-6 months of earning to make a decent part-time income and 1-2 years of consistent consistent income.
Of course, there are always exceptions, but after being active in the blogging world for nearly 14 years, these are reasonable averages.
The idea that you can start a blog today and make a full-time income within a few months is, for most, not realistic. Just too much to learn (and much more for your site, your content library, your social media presence, your credibility, relationships with readers, etc.).
If you need money immediately, then creating a blog may not be your best option. How to make money blogging
But don’t be disappointed! I squeezed blogging into the cracks of life for many years and now it brings in steady income. If you have some time, it is worth the effort.
The source of income of bloggers
These are the 5 main income sources. There are several possibilities under each of which:
Advertising & Sponsored Content
1. Advertising & Sponsored Content
Companies want to bring their product to potential customers. If your readers are their ideal customers, they may be interested in advertising on your blog. The ways to include advertising in your blog are as follows:
Display Ads – Graphics within your sidebar, header, footer, or your content.
Giveaways and reviews – Companies offer you free products (and expected monetary compensation) and you highlight that product on your blog.
Sponsored or Written Posts – Companies pay you to write posts that mention them or their product.
Newsletter / Video / Podcast Sponsorship – Advertising in emails or mini-commercials in video or podcast episodes.
Advertising is easy to start, making it a popular income stream for many bloggers. However, it was not nearly as attractive as it once was and it requires a lot of traffic to be truly profitable. In addition, it runs the risk of disappointing your readers and makes your site look cheap and unsophisticated. Therefore, this is not my top recommendation.
2. Affiliate Marketing
As an affiliate marketer, you promote someone else’s product or service to your readers. You link to that product or service using your unique affiliate link. When someone clicks on that link and makes a purchase (or completes the desired action set by the company), you earn a commission.
There are thousands of affiliate programs to join. Something I can participate in:
Amazon Associates – Pay when readers purchase Amazon products through your link.
WP Engine – The host that I use to run my site.
Bluehost – Host I recommend new bloggers in this post.
Amazon influencer program – is a separate Amazon program that gives you your Amazon shop like mine.
Ultimate Bundles – A company that sells bundles of digital products at extremely discounted prices. I have written the entire post about this affiliate program here.
Affiliate marketing is one of my favorite and most profitable income streams. You can highlight the products or services that you use and do the work of creating or maintaining the product you love.
3. Digital Products
Many bloggers create and sell their own digital products. Digital products are great because they do not require inventory and can be delivered quickly and easily. There is no overhead and low risk.
Examples of digital products:
Online Courses – Teach others what you know and sell it again and again.
Online Classes or workshops – teaching, but in a live setting.
eBook – Self-publishing is very beneficial for many people.
Premium Content – Others have to pay to access.
Membership Site – A blend of learning and community.
Images – Many photographers sell their photos online.
Audio & Video – Create music jingles, voice-over, or video clips.
Apps, Plugins & Themes – Great for those who love code.
4. Physical Products
Some bloggers sell physical products. some examples:
Books – Many bloggers have become traditionally published authors due to their blogs.
Handmade Products– Are you a manufacturer?
Many bloggers find a manufacturer to make their idea a reality.
Retail Mediation– Can You Find Great Deals? Turn around profits on sites like Amazon and sell them.
In-person conferences, classes, or special programs – exchange of something tangible (money) for a ticket to a person’s experience.
In the past few years, a boom of bloggers has started selling physical products. This can be profitable but can be complicated with manufacturing, taking into account inventory, shipping, returns, etc.
Some bloggers reduce the hassle of producing physical products through dropping or POD (print on demand).
Some bloggers use expertise related to their blog topic and get paid when others hire them. Services can be offered locally or virtually. Examples:
Speaking – Many bloggers find speaking gigs as a result of platforms built on their blogs.
Virtual help – read my post for my experience and lots of ideas on how to become a virtual assistant.
Freelancing – It is providing a service to customers and is similar to virtual assistance.
Organize, decorate, cook – Some bloggers provide in-person services to their local readers.
Offering a service is a great way to make money quickly because the startup costs are low, require no inventory at least and you are already paid for a skill. The downside is, it is not scalable; You only have so much time, meaning, you can only earn as much as your time allows.
How can I start my own blog and earn money?
After starting your blog, focus on building a solid library of at least 10-20 blog posts. Make sure they are helpful and expressive. Remember, your goal is to become a go-to resource on your subject. In other words, improve your content on the subject than any other. After that think How to make money blogging? You got success after this.
Next, find out which income streams are natural extensions to your post. Apply them one at a time until you find the ones that work best for you.
In the meantime, build relationships on social media, in Facebook Groups, and wherever your potential readers are. Don’t just promote your own stuff, be a supporting part of the conversation. People will eventually see what you have to offer.
Can I start a blog for free and still earn money?
Yes. However, I will warn against this. Why? When you use a free service, you don’t have as much control over your blog – the free service does. This can be risky, especially if you will rely on your blog for income.
A self-hosted WordPress blog is my recommendation and can be started very cheaply. See my step-by-step tutorial here How to make money blogging.
5. Additional tips to make money from blogging
1. Use multiple income streams for proper management. Diversity is important.
2. Excellent content is the key to long term success. There is no way around it.
3. Each blogger has a different combination of income streams. There is no “right” way and that is the beauty of it. There are endless possibilities. Find a combination that works for you.
4. The other blogger should not be cloned. Find a unique angle.
5. Successful bloggers do not start a blog just to make money. Instead, they blog about a topic they really enjoy and can write for years. They allow money to grow organically from that subject.
The following listed tips help you to earn money from blogging in this 2020 year.
Thank you for reading.