Blogging takes a lot of hours per week to build and maintain a blog. To see an income, can take months to develop. As a rule of thumb, I advise that if you commit to either part time or full time blogging, it can take around 3 to 6 months to develop traffic to your site.
In other words, if your goal is to make money with your blog, use it as a lead generation mechanism. Nurture those leads until they are ready to purchase, and the profit can quickly snowball.
Before jumping in, make sure you follow these quick tips that will set you on the right path.
- Get a great domain name. No numbers, hyphen or weird TLDs.
- Set yourself up with a quality web host and don’t spend too much either. I suggest BlueHost.
- Choose the best advertising for your audience and don’t sacrifice their on-site experience.
- Use affiliate programs and links when recommending products or services on your blog.
- Create quality content that provides value to your audience. Don’t just write for SEO.
Thank you to ignitespot for pulling all this detailed blogger information together for us.
It will then take around 1 to 2 years before you start to hit your income goals and earn a respectable full time income from blogging.
What are the 5 top ways on how do bloggers make money online:
This is where the blogger gets paid a certain amount per lead or per sale of what they are promoting. You have links in your post to other products that are related to your blog. Then, if a reader clicks through the link and buys or signs up for what I recommended, I will earn a small amount of money per lead or per sale.
Just make sure that if you recommend or advertise an affiliate link you yourself have tried the product or at least would be willing to tell your family and friends about it – you need to build trust and so only offer affiliate links that you are enthusiastic about.
TRUST is key. How bloggers make money online – they join one of these top affiliate companies:
The commission might be anywhere from 5% of the product or service price, up to as high as 70%. So for example, if the split is 50% and you promote an e-book that costs $100, you’ll get $50 for simply referring the buyer.
Google Adsense is an ad network that you can join. Ad networks are often the main earner for many bloggers and definitely the easiest to maintain because it’s possible to “set it and forget it” once it’s in place.
Google is so smart, that it will only display relevant advertisements for the reader. For example, if your site is about cooking (food blog or recipes), Google AdSense will start showing your visitors ads for food, restaurants and more.
You get paid a flat rate or a certain amount per click or impression for each ad on your site.
You can create and sell your own digital products. Digital products are great because they don’t require inventory and can be distributed to quickly and easily. There’s no overhead and low risk.
Examples of digital products bloggers create:
- Ecourses – Teach others what you know and sell it over and over again.
- Online classes or workshops – Teaching, but in a live setting.
- Ebooks – Self publishing is very profitable for many.
- Premium Content – Content others must pay to access.
- Membership sites – A mixture of teaching and community.
- Photos – Many photographers sell their photos online.
- Audio or video – Create music jingles, voice overs or video clips.
- Apps, plugins or themes – Great for those who love code.
Pick the information product that best fits your site and your strengths. Regina has also come up with questions that you should ask yourself when deciding what type of info product or eProduct to create:
- What types of media make the most sense for the information I’m sharing?
- How does my audience like to consume information?
- Which formats am I the most comfortable developing?
- Which formats will be quick and simple to create with the tools I have on hand now or ones I can easily access/borrow? P.S. You can always create the content in one format now and expand to another later.
Here is a great example of an eBook:
The eBook can be bought on Amazon and has a nice clear design with all the points clearly mentioned.
You may not see it, but both physical and digital businesses use sales funnels all the time. At the end of the Sales Funnel is private coaching and this is where you can start to make the big bucks.
It’s 100% essential to survive, especially when all markets are consistently getting more competitive.
Selling your own services on your own blog is what all bloggers can get to and a great way to earn money – this is how bloggers make money online. Sell a service like one-on-one Private Coaching or group coaching.
The power of the Blog Sales Funnel comes from using your blog to automatically create customers. Yes there is a lot to do, especially when it comes to product and content creation, but once you’ve done the work, it delivers value long term and sets you up to create a truly successful business.
Lets look at this sales funnel in more detail – Blog Profits Blueprint:
The Blog Sales Funnel is a strategy where you can use your blog to attract an audience and then deliver more targeted information via a segmented email list.
Through the blog and email sequence, you deliver educational content and build trust, the offer a front end low priced product with upsell offers.
You then continue to follow up with your customers, offering higher prices products and services.
As the funnel continues down, only your most responsive customers remain, who buy your highest priced offers.
This small group of “fans” benefits significantly from your support and are the source of your business profits.
If you write about cooking, you could sell cooking classes etc. If you write about finances, you can offer book keeping sessions, if you write about blogging, you can offer coaching to make money through blogging.
Sponsored Reviews serves as a middleman between bloggers and advertisers. Bloggers often review products related to his or her niche on their blog and they do not make any money from the review. In a sponsored review, the blogger is paid for his posted review.
In order to be paid for a review, either the blogger reaches out to a potential advertiser who might be interested in buying a review on his blog, or the sponsor contacts the blogger directly, asking him to review a product in a sponsored post.
What is the most common type of sponsored content?
- Fashion, Fitness, and Food were the most frequent types of sponsored posts.
- Quantity influencers had more of every type of keyword in their bios, captions, and tags, indicating some degree of keyword stuffing in their approach.
How Do Bloggers Make Money Online
Blogging is a business and you can generate many revenue streams to make money. You content alone will not make you money and so you have to get advertisers, sell services like consulting or speaking, use affiliate marketing to get a percentage of sales from links people click on your blog, or maybe offer products like ebooks or premium content to actually generate income.
Be creative and do something different other than affiliate marketing. Give it a try.