So you’ve decided you want to make money online. After examining all the possible options for your new online career, you’ve decide to settle on blogging. That’s fantastic! Blogging can be a great way to make an incredibly healthy income from your online endeavours. And yes, it’s true — there are indeed many bloggers out there who are making an absolute killing, hitting around $10,000 to $20,000 per month consistently. Even crazier? Some pro bloggers even pass the monthly $100,000 mark.
Doesn’t that sound great? Of course it does! That’s exactly why so many people decide to start a blog with dreams of striking it rich.
Unfortunately, after a few months, the vast majority of those would-be bloggers end up giving up and abandoning their fledgling blogs. It’s extremely common.
So why does this happen?
Well, the first thing you have to understand about making money from a blog, or at least making enough money to live off, is that it’s not going to happen overnight. Many people flock to the idea of blogging thinking that it will make them rich overnight. It just doesn’t work like that.
Blogging Is A Long-Term Business
In order for a blog to make a decent amount of money, it’s going to take large amounts of two things:
Time and effort.
You’re going to have to put in both if you want to make a living off your blog. If you aren’t prepared to do that and put in the work now in order to make solid money later on down the road, blogging probably isn’t for you. That’s not to say you still can’t make a living from the internet. There’s plenty of other viable alternatives out there.
However, if you’re dead set on making a living blogging and you are prepared to do whatever is necessary to succeed, then you’ve already got a great headstart. That’s exactly the kind of mindset that will be required to keep persisting during those first few months where you might not make a dime for your efforts.
So if you’re prepared to put in the work, we’re here to help you out by pointing out a few of the best ways that you will be able to solid money from your blogging efforts.
First Things First – Build An Audience
Since we’ve already made it clear that blogging is not going to be a get rich quick scheme, the most important long term goal you can have in regards to monetizing your blog is to build a loyal audience.
So how do you do that?
The answer is content. Lots and lots of content. Content is king in the early going. You want to be publishing quality articles at least three days per week. More is better.
It doesn’t matter what you are blogging about. It’s all going to come down to putting out killer content. Remember — time and effort.
When writing your content, one important thing to keep in mind is to write for your audience. Things have changed and writing for search engines no longers work as well as it once did.
Instead, write the kind of content that your audience would want to read. As long as you keep putting out informative, high quality content, the readers will come. As your readership grows, you should also be working on capturing as many email addresses as possible. This is all part of your long term strategy.
As you build a bigger audience, you will open several doors when it comes to making money. Let’s go over a two of the best options.
Create An Information Product
If your blog is informative in nature, and you truly know your stuff when it comes to your chosen topic, this is a great way to earn money.
All you have to do is produce enough high quality content on a regular basis to attract and grow your audience. Demonstrate that you are an authority in your chosen niche, prove to your audience you can be trusted, and work on capturing your reader’s emails to be able to pitch your future products to.
Once you have accomplished this, you can create either a completely original e-book, compile your all time best blog posts into an e-book, or any number of options for creating an information product.
Since you’ve been gathering emails (hopefully you’ve been doing that!), you can then market the launch of your product and maybe even secure pre-orders. Then just release your product, and if you’ve done your job properly, you can sit back and watch the money flow in. Completely passive too, as the work has already been done!
From here, it’s entirely possible to continue repeating the same business model. Keep establishing your authority, giving away highly valuable free content that keeps your audience loyal, so that when you do release your next paid product, they know it’s worth it. Rinse and repeat!
Make Money Recommending Products
The other way to make your blog extremely lucrative is to recommend products to your readers. This is also known as affiliate marketing. There’s several different ways you can approach this method.
You could search for products to sign up for with Amazon Affiliates, explore options on Clickbank, or even see if products that you personally use have an affiliate program that you can participate it.
It’s strongly recommended that you only promote products that you use yourself and truly endorse. You should feel completely comfortable recommending a product that you know will absolutely benefit your readers.
After all, you’ve put in the time and effort to build up your audience — you don’t want to risk alienating them now. There is the potential to make a lot of money via affiliate marketing if you do it honestly.
For example, take your web hosting. Are you satisfied with the service provided? Things like web hosting referrals are known to pay out extremely well, as much as $50+ per referral. If you can send even just a few customers per day to a hosting company, you’ll be well on your way.
That’s just one example of the potential of affiliate marketing. It’s not at all uncommon for established bloggers to make thousands of dollars per month due to recommending several products to their large audiences.
There are indeed other ways that you can make a few bucks from your blog, such as selling advertising space or even doing guest blog posts for other blogs. However, the money you make from those options pales in comparison to the earning potential of the above two methods.
Remember — blogging is a long term money making strategy. So long as you’re willing to put in the time and effort to produce content and build a loyal audience, you will be able to implement either of the above two options and make yourself a nice living.
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