Do you enjoy writing blogs and are looking to earn additional cash? Blogs are a cheap business idea that could allow you to make money blogging hundreds of dollars each month. This guide will show you how you can earn money from blogging, using 7 income streams used by professional bloggers who earn a full-time salary through their website.
- Seven ways to make money blogging
- How long will it take to make money blogging?
- Seven ideas to make money blogging
- 1. Choose a profitable niche
- 2. Create an email list
- 3. Write reviews for sponsored products
- 4. Offer advertising space
- 5. Sign up for an affiliate marketing program.
- 6. Offer services
- 7. Sell digital products
Seven ways to make money blogging
- Choose a profitable niche
- Create an email list
- Write reviews for sponsored products
- Offer advertising space
- Participate in an affiliate marketing program.
- Offer services
- Sell digital products
The blogging opportunities are practically limitless. Established bloggers such as Ryan Robinson, who blogs about blogging–can earn up to $30k each month. Adam Enfroy, who started writing about the business of blogging in the year 2019 as a side business, earned $1.5 million through his blog only two years after.
It’s not just the monthly income that bloggers can capitalize on. Marketplaces such as Flippa offer blogs for auction, many of which are sold at six-figure prices. Bloggers earn money when they can earn money when their creative project gets acquired.
However, not all bloggers can earn millions from their blogs. The earning potential of your blog is contingent on two aspects:
Your area of expertise. Do people spend huge sums of money on products within your field? Software, for instance, can be very lucrative as numerous companies pay recurring commissions. Bloggers earn small sums every month, even after the consumer has completed the purchase.
Your strategies for monetization. Some blog monetization strategies are unsuitable for new bloggers who want to stay true to their primary beliefs, like not getting paid to publish content they don’t like. This could impact your earnings in the short term.
How long will it take to make money blogging?
Bloggers typically have an extra-curricular venture that people take in the hope that one day they’ll be able to leave their jobs. However, the amount of time needed to earn substantial earnings varies between bloggers.
Many with an entrepreneurial spirit can earn their first $1000 online in just a few months, like Brittany Berger, founder of Work Brighter, who began earning money nearly immediately. Berger developed a straightforward 20-dollar digital download which she advertised in her weekly newsletter and her signup page for newsletters. “By getting it up and running early during the life of the blog, I was able to transform a significant segment of my audience,” she says.
Seven ideas to make money blogging
Are you searching for an innovative side business that can earn you extra revenue? If you’re thinking of starting a new blog or expanding your current one, There are 11 methods to earn money from blogging.
1. Choose a profitable niche
The term “niche” refers to niche is a topic that is specific in a broad field, for example, vegan recipes. Visitors form an emotional connection with your website if you choose one to use on your blog. They know what they will receive when they visit, increasing the likelihood of becoming the first choice when they need assistance.
“Before the process of monetization is the key to success, it’s all about high-quality and experience if you wish to be noticed,” says Mushfiq, creator of The Website Flip. The Website Flip. “First, decide on your specialization and why you’re supposed to write about it. Then, you’ll need to create your persona to represent the person you are in this field. When you’ve done that, you’ll begin to build a following with time. Monetization follows later.”
2. Create an email list
To make money blogging, you must build a loyal following of readers who value your suggestions.
One of the most effective methods is creating email lists for your blog. If someone chooses to receive emails about your site, it’s granted the right to communicate with readers in a location that’s more important than any other email inbox.
3. Write reviews for sponsored products
Every company wants social proof to convince buyers that they are worthwhile to purchase. One method to get that proof is to pay bloggers to post reviews.
Contact your preferred brands and ask them if they’d like to sponsor reviews for your website. If you’re using the product for something other than the reason for the review, this method isn’t expensive. You’re just being paid to express your opinion on the product that you already have.
4. Offer advertising space
Companies will pay bloggers to advertise on their sites. Offer them space that is otherwise unoccupied for a small fee.
5. Sign up for an affiliate marketing program.
Affiliate marketing is the practice of suggesting products to your blog’s readers. You’ll earn a commission by using your unique link when the customer purchases the product.
It’s a fantastic revenue source for bloggers since the content you post is already influencing people’s purchasing decision-making. Make your blog a place for educational content, and you’ll develop the knowledge of, love, and trust elements needed to make an offer.
6. Offer services
The result of growing your readership is that people will associate your blog name with the subjects you blog about. This is a great way to establish authority, something people are looking for when hiring someone to finish a project.
7. Sell digital products
Digital products offer an efficient way to earn money by selling products with your blog. In contrast to service-based businesses that require an exchange of time for cash. In contrast to selling physical goods, there are no manufacturing or shipping costs.
You can develop digital products once and then sell infinite quantities on your blog, hence the saying “build once, make twice.”
Read more: How to make money to selling photos online