So today, I’m going to talk about how you can get started with making money from your blog.
I’ll walk you through a few smart monetization methods and point out the pros and cons for all of them.6 ways to make money with your blog 6 ways to make money with your blog
Let’s get started!
How can you make money from your blog?
First, it’s important to remember one thing:
Making money blogging isn’t a get-rich-quick scheme.
If you’re looking for quick wins, you won’t get far as a blogger.
Now, don’t get me wrong. I don’t mean to kill your motivation here. But I want you to have a clear goal in mind and learn what steps you need to take to achieve it, step-by-step.
Therefore, please try to avoid getting overly focused on making money right off the bat.
Remember: your blog is a business, and you need to treat it like one.
And the thing with any business is: you have to work hard to achieve your goals!
You need to invest both time and money into your blog to see profits.
You must churn out content that your audience loves to generate enough traffic. Once your readers fall in love with your blog, you can start making some real money.
Thus, right now, your focus should be on:
- Creating top-notch content that solves specific problems your readers struggle with
- Attracting a dedicated audience and readership
Now, let’s look at a few powerful ideas for making money as a blogger…
How do bloggers make money?
There are multiple smart ways to earn money with blogging, and they all have their pros and cons.
Some are better suited for brand new blogs, while others work better if you already have a loyal readership and some traffic. 6 ways to make money with your blog 6 ways to make money with your blog
But what all of them have in common is:
It takes a lot more than just publishing blog posts regularly and waiting for the cash to start rolling in!
Also, you should know that your earnings will fluctuate a lot over time.
I know your goal is to create an income stream that helps you achieve more freedom in life. You may want to simply create a nice little side hustle – or perhaps you’re looking to quit your job and become a full-time blogger.6 ways to make money with your blog 6 ways to make money with your blog
Whatever your goal is, here are the most common ways that bloggers make money:
1: Display ads
Placing ads on your blog is the quickest way to monetize your traffic.
Here’s how it works:
- You sign up with a display ad network
- You place ads across your website
- You make money when your readers view and click on them
Display ad income is 100% passive, and it’s relatively easy to set everything up with a display ad network of your choice.
However, don’t expect to see any substantial income if your blog is brand new.
But as your traffic grows, so will your ad revenue. Therefore, it’s a good idea to set things up asap. That way, you don’t have to take care of it later.
2: Affiliate marketing
Affiliate marketing means that you earn a commission by selling other people’s products or services.
Here’s how it works:
- You sign up with an affiliate program of a product that you’d like to recommend to your readers
- You create a piece of content where you promote the product and include a special affiliate link to it (beginner’s tutorials and how-to guides work really well)
- You earn a commission when a reader makes a purchase through your link
Affiliate marketing is the best way to monetize your brand new blog.
Your income potential is much higher than with display ads. Your affiliate product should be an easy solution to a specific problem that your readers are struggling with.
Thus, the trick is to find the perfect products to promote. You want to be super specific about your target audience – that’s the only way to find out what they need help with.
3: Selling your own products
Although creating and selling your own products sounds like a lot of work, it doesn’t have to be a thing in the distant future. 6 ways to make money with your blog 6 ways to make money with your blog
Again, you simply need to know what your target audience needs help with and create a small product to make their lives easier.
If you have published 20-30 high-quality blog posts already, you should use Google Analytics to find out your top-performing articles.
Could you create a small e-book based on your findings, perhaps?
You simply want to know your target market, understand their wants, and build a small information-based product to cater to those needs.
The best part?
You get to keep 100% of the revenue!
4: Sponsored articles and content
Once you have established an online presence in your niche, you can make money by publishing sponsored articles on your blog.
They usually feature a brand or a specific product. For example, a sponsored post could be a product review or comparison.
Just bear in mind that it takes time to build a blog that brands are interested in.
You also need solid negotiation skills and a clear step-by-step process for planning, publishing, and promoting your sponsored content.
5: Email marketing
Email marketing may sound salesy, but it doesn’t have to be.
You can use email marketing to help your readers with useful tips, proven strategies, and free downloadables, for instance.
Your goal is to really be there for them. Listen to them, find out what they need, and give them what they want.
When it comes to making money, you can recommend affiliate products or your own products to your subscribers.
Just remember not to overdo it.
Think about what types of emails you’d like to receive and read yourself – it’s as simple as that.
6: Offering services
Becoming a successful blogger is all about helping your readers and building a loyal audience.
Having said that, another smart way to make money blogging is to offer your skills and services to others.
Think about it: you’re an expert in your niche. Why not monetize your skills by helping others – by freelancing, coaching, or mentoring, for instance?
Remember: in order to help others, you simply need to be one step ahead of them with your skills and experience.
Where should you start?
When you’re just getting started with blogging, things can easily feel overwhelming. There are so many monetization options to choose from, and they all work so differently.
So, where should you start?
I know this may sound strange, but before you can start seeing any income from your blog, you need to know your target audience inside and out.
You MUST know their pain points in order to help them. Makes sense, right?
Once you know who your audience is, you can start
- Generating traffic
- Building an email list and
- Gathering valuable feedback from your readers
Step-by-step, you can generate more traffic – which means more ad revenue, affiliate sales, and buyers for your own products.
Which ones do you think would make sense for your blog right now?
If you’re not sure where to start, don’t worry. I’ll be sharing some of my best tips and tricks in the next few days.
Comment and Share 🙂