A blog may bring in significant amounts of money for its owner if they take a business approach and learn from the successes and mistakes of others.
You can now launch, manage, and monetise your blog for less than a few hundred dollars (this can vary based on what you need to do). However, just because it's simpler to generate money with your blog doesn't mean most people do.
A successful blog may bring in significant amounts of money for its owner. Everyone can accomplish it if they take a business approach and learn from the successes and mistakes of others.
Your goals will determine how much money you can generate from your blog and how much effort you must put in. You may either establish a successful business that generates money, pretty similar to a tech startup, or simply make an extra $100 to $1,000 per month on top of your monthly salary.
We hope you've already decided what kind of content you'll be interested about writing, since we'll be covering how to make money with a blog in this post.
How Much Money Can You Make Blogging
A lot, in fact. However, your earnings is highly depended on how hard you are willing to work and your content monetization methods. Long-term success is determined by the second factor. Choosing the appropriate blog monetization strategies will allow you to generate less content while earning more money in time.
Ways to Make Money From A Blog
#1 Selling Advertising Space
- Ad Networks
When you browse a website, you may encounter adverts for laptops or cosmetic products, for example. They appear to be the same things you were just browsing at on the internet or liking on your friends' Instagram photos. These are referred to as display advertisements. To display similar advertisements on your blog, you may join in an advertising program with ad networks such as Google AdSense, Adsterra Network, and others. Every time your visitors view or click on it, you'll get paid.
Paid advertising has its own set of attributes.
CPC (Cost-per-click) is a payment technique in which you are paid every time a user clicks on advertisements or banners.
CPM (cost per'mille' — thousand impressions) is a unit of measurement used in advertising. This approach allows you to receive a certain amount of money in exchange for a set number of impressions.
Bloggers may use networks like Google AdSense and others to monetize their websites without having to approach advertisers directly. These systems select adverts that are relevant to the content of your website. They also provide ad types that are tailored to your blog's structure and appearance.
Ad networks enable you to post ad banners, popunders, native advertisements, or direct links on your site based on your audience's preferences.
You won't have to worry about not being paid because payouts are automated. Google Adsense, for example, accepts payments via PayPal, Western Union, and wire transfer.
Companies like Adsterra pay you monthly or twice a month, and you may get paid in any currency you want, including Bitcoin or USDT. I have worked with Contextual Ad networks like Media.net, they pay via Payoneer and Wire transfer.
To make paid advertising work, you must continually drive more visitors to your website.
Consider adding SEO keywords to your article and manually distributing it. Start by sharing links to your blog pages on social media or encouraging individuals on forums that discuss similar topics to come to your website. As your site grows in popularity, advertisers will approach you directly to negotiate more lucrative partnerships.
Working through ad networks, on the other hand, is more convenient for both parties. They may supply you with continuous advertising opportunities, ensuring that you have consistent money sources. For targeting, advertising performance improvement, and campaign reporting, ad networks have additional tools and algorithms. Otherwise, it will be your responsibility to locate advertising clients. Even if they contact you on their own, it won't be on a frequent basis. You'll also need to keep track of their ad performance and negotiate a fee with them.
- Selling Display Ads Directly To Advertisers
When your audience has expanded, you may move on to more lucrative ways to monetize your website. Prospective clients can buy banner ad space straight from you. You are the one who decides on the pricing and when it will be posted on your website.
Because your website must meet certain requirements, this content monetization approach requires additional planning. You should be ready to show your advertising potential a flowchart of your website's traffic analytics to demonstrate its worth.
It is your responsibility to establish the contract's pricing and terms. You may still use PPC and CPM tactics if you're selling banner ad space directly. Setting a fixed charge, on the other hand, is more convenient because you won't have to track views and clicks yourself. You'll need to install some plugins to your website or maybe perform some coding to set up analytics tools if you don't have specific software. Prepare for an increase in administrative workload regardless of the revenue approach you pick for banner advertisements.
#2 Sponsored content
You get paid for advertising and promoting sponsored items or services using this approach. You can share information and links on social media, discuss them in a video or podcast, or write an article about a sponsored product on your blog.
Sponsored content earns you more money, but it requires a higher level of quality on both sides: content and technological aspects of your website.
The more people visit your website, the more appealing you will be as a publisher.
You should also pay attention to Search Engine Optimisation (SEO) indications like domain ranking, URL ranking, and link structure as a whole, since these factors are taken into consideration.
Publishing product and service reviews and hosting giveaways are two additional methods to monetize your blog. It's more just for entertainment than for profit. Companies may send you items or offer you the opportunity to test their services for free. You should offer them positive review and hold a reward competition among your audience.
For example; if your blog is about Technology, companies like Tecno, Infinix and the likes can offer you Smart Phone to review.
#3 Affiliate Marketing
Affiliate marketing involves promoting the products of other business and individuals for a commission for each sale you help bring in.
In affiliate marketing, you operate as a middleman in the sales process in exchange for a commission. The advertiser gives you a one-of-a-kind link to their items that you may put on your website.
You have the option of doing it your way or presenting: banner advertisements or content format. The seller keeps track of the customer journey of the lead who completed a purchase and gives you the transaction commission. Thanks to your unique affiliate code embedded in the advertiser's link, it's simple to trace.
You may begin by signing up for affiliate marketing networks such as Amazon Associates. Even if you don't have a well-developed blog, you can work with various marketers.
Here’s a visual breakdown of how it works:
|How affiliate marketing works (Image source: HubSpot)|
It's truly that simple; if your commission is $5 per sale and you sell 200 copies of your product, you've made $1000.
#4 Sale Digital Products
When you've shown that your blog is a trusted and important revenue source, you can take it a step further and become an advertiser's publisher. To accomplish so, you'll need to build a digital product that corresponds to your audience's interests.
The following are the most common alternatives for this strategy:
Workbooks and e-books
After a few years of blogging on the same topic and building a loyal following, you're more likely to be regarded an authority in your chosen industry. Based on your success, you may design a guide or other useful material that corresponds to your audience's interests and provides instruction on subjects or skills that they are willing to pay for. If you enjoy reading, it might also be a book.
The main difference between an e - book and a workbook is that the latter has more interactive assignments for users.
Everyone today has something valuable to contribute in terms of information, experience, or even a method. Bloggers who decided to pursue this route are now making a lot of money, and you may follow in their footsteps by developing your own unique online course. You'll probably need to increase the capabilities of your website or perhaps put up an educational platform to do this. But that's not the only option there are platforms that can make the whole process easier.
Consulting involves a more direct relationship with your clients. You may utilize your blogging platform to provide one-on-one online consultations or to assist your customers in developing a plan. Coaching is another form of this sort of service. Select the one that most closely relates to your area of influence.
Turn your website into a paid online blog or community with exclusive material. You may combine the three previous choices, which included e - books and online courses, into this one and move to a subscription-based revenue model. You may also establish a content pricing level.
#5 Freelance Writing
When you initially start blogging, the first skill you learn is writing. That is, for many of you, the most enjoyable aspect of blogging. You can write alone if you're tired of the administrative duties required to make your blog effective.
In many respects, freelance writing may be a stand-alone business. As a copywriter, you may develop offer sites, advertisements, and corporate presentations. You can contribute guest posts to well-known websites and magazines. Many bloggers return to their sites after years of guest posting, with a large portfolio and a reputation for drawing readers without the use of advertisements.
How to Make Money Blogging: A Step-by-Step Guide
Pick a topic for your blog (Niche).
You can't imagine how many new bloggers struggle to find a niche for their site. For all those people, it's a mental obstacle, but there's no actual problem here. They are afraid to make a decision because they are using the wrong criteria.
Let's go over some common mistakes:
— You don't need to be 'very passionate' about the subject; anything 'enjoyable' will be enough.
Many things might spark your attention in a little way. Assume your favourite hobby is either basketball or handicraft. You would rather live out your passion than write about it. You may write on this issue as well, but if you're serious about blogging as a business, you should stick to more beneficial topics.
It's also unrealistic to expect to maintain over time - being 'passionate' about anything 24 hours a day, seven days a week may quickly lead to burnout.
— Match your interests to what people are Searching for.
You shouldn't try to create the wheel by covering a topic that hasn't been covered previously. Choose the topic and research it. Check your competitors and find out what your audience is searching for when googling.
— Make wise decisions.
Before you begin, you need figure out how much traffic you can bring to your site. Analyze public interest in the topic you'd like to write about using Google trends. Take a look at the types of articles that this subject suggests. Is it enough to have evergreen articles or do you need to generate material on a daily basis, and if so, do you have the time?
The second factor to consider is search queries related to your subject. Make some recommendations and run them through Google Keyword Planner to see what they may be. You'll be able to monitor how many times individuals search for a specific term on a monthly basis using this technique. If you incorporate these keywords in your article, you'll be able to estimate how much traffic you'll get.
— Learn how to create engaging content.
Don't use 'long reads,' instead develop an easy-to-navigate text structure and apply copywriting strategies like narrative or anything relevant to your topic and style.
Choose a blogging platform and get started.
Building a great blog starts with choosing the right platform—there are only a handful worth considering. The best blogging platform for most people is definitely WordPress. You can build a website and host your blog there. This requires a little bit of upfront work, but you’ll own and control your site completely.
But there are other platforms, such as Wix and Blogger. For any beginner, I would recommend starting with Blogger.
Blogger is a pioneer in the blogging space. Most old-school bloggers started using this platform 20+ years ago when it launched in 1999.
But what is great about Blogger is it’s still relevant for anyone looking to start a blog. It’s a free platform that eliminates any risk for beginners to get started and begin creating content right away.
You get all the general features of a blogging platform—add images, links to move between other posts you’ve written, and more. But it is still a very minimal blogging platform, so it’s easy for you to navigate and create.
Some of the finest features include the opportunity to monetize your content with Google AdSense and Google Insights analytics on the traffic that hits your posts. As a result, you can actually create a free blog and make money from it, as well as expand your revenue based on the insights you find.
You may also use custom website templates to personalize your blog without having to know how to code. Blogger is a fantastic option to consider if you want to start blogging for free and earn money with Google AdSense.
If you want to set up your own custom domain on Blogger, check out our instructions here (How to Setup Custom Domain in Blogger with Namecheap). If you want assistance, please contact me and I will gladly assist you for a small charge.
Blogger — The Best Free Blogging Platform
Create high-quality content.
Begin by researching top competitors and trends and attempting to improve on them. Those people know what they're doing and have previously made money with their blogs. Add your examples, utilize narrative, new knowledge, and unique points of view to make it smart. People hunt for articles on relevant topics and authors who can explain difficult concepts clearly.
Choose one social networking platform and make it your own.
To be successful at blogging, you must tailor your material to your target audience's preferences as well as the platform's limitations. Make a plan ahead of time and stick to it. You won't be able to generate material of similar quality for each platform, so don't waste your time. Select one platform for publishing and the others for marketing. It will be sufficient to have a well-established and regular presence on one social media platform.
Start making money with your blog.
The point where you make money with a blog is just as important as the part where you prepare and create content. Be patient; anything worth having takes time. The first hundred dollars you earn from blogging may appear to be the most difficult, but if you stick with it, you'll be surprised at how quickly you triple this amount each month.
Now that you know the answer to the question, "How can I make money from my blog?", you may think of it as a completely separate business. Without two things, all of this information is useless: high-quality content and effective monetization techniques. If proficiency in writing comes from practice, then money comes from effective marketing techniques.
It is possible to turn your blog into a solid source of income. You shouldn't sit around waiting for companies to approach you with sponsored content offers or for your banner advertisements to receive enough traffic on your website.
While it’s easier than ever to start a blog, most bloggers have trouble monetizing it. Blogging alone doesn’t generate revenue unless you can find a monetization strategy that works for your blog.
And as most of the examples have proved, you don’t need that much traffic or leads to start generating income from your blog. And while your niche does matter, it’s not the most important factor that determines if you’ll succeed.
We’ve seen people make money with tennis, beards, golf, baby clothes, cars, and even cannabis.
What you do need is an understanding of the numbers needed to make your monetization strategy successful and the determination to work hard to promote what you have to offer.
Have any other great tips on how to make money from a blog? If so, share them below.