Similar Question: How to Monetize a Blog?
- Can you make money blogging?
- How much can I earn?
- What are the various ways to make money from blogging?
- What should I blog about to make money?
If you are asking any of the above questions, well you have come to the right place. In this mega guide to make money from blogging, you will learn all the aspects that will help you get started.
In This Guide
- 1 How much money can you make money from blogging?
- 2 When Should You Start to Monetize Your Blog?
- 3 What are the ways bloggers make money (Various Income streams)
- 4 1. Ad Networks
- 5 2. Affiliate Marketing
- 6 3. Sell your own eBooks
- 7 4. Native Advertising
- 8 5. Sell Courses
- 9 6. Generate Revenue with Sponsored Posts/Reviews
- 10 What should I blog about to make money?
How much money can you make money from blogging?
Just like any profession (Doctor, Lawyer, financial advising), there are different levels of blogging who are earning anywhere from $1000-$2 million a year.
How much money you can make depends solely on a few factors such as:
- Which niche you are picking?
- How much time you are dedicating to learning and implementing?
- How much traffic you drive to your blog
- What digital marketing techniques you implement?
There are various other factors like consistency, your network, personal motivation and goals also contribute a lot.
However, niche and your digital marketing skills alone can help you move really fast in the field of blogging.
When Should You Start to Monetize Your Blog?
There’s no concrete number out there for how much traffic or how large an email list should be to make money from your blog because that all depends on what you sell and how you sell it.
However, having two things straightened out first will help you a lot:
- Get steady traffic: You don’t need tens of thousands of visitors but at least a thousand visitors a month means you’re doing something right.
- Grow your email list: Again you don’t have to aim for anything crazy here. We’ll show you examples of people who had a small list but still used it to their advantage.
Now these two things matter, but primarily, monetizing your blog efficiently is all about the numbers.
For example, if you need to make $6,000 from your blog:
- You can sell a $200 product (say a course) to 30 people.
- Or sell a $600 course to 10 people.
- And even by charging $6,000 for consulting with a client.
Monetization is math, not magic.
This doesn’t mean that the key to monetization is simply increasing the prices of what you sell. Rather it means that you should choose a monetization strategy that aligns with where your blog is right now or where you want it to be in the future.
In this article, we’ll show you how you can monetize a blog and make money online whether you get thousands of page views a month or you’re just starting out.
We’re going to show some solid strategies other bloggers have used to generate revenue from their own blogs in diverse niches and teach you how to do the same with your own blog.
What are the ways bloggers make money (Various Income streams)
There are various methods that you can use to monetize your blog. Depending upon your level of blogging and the kind of blog, you could pick the method that matches your style. Do check the end of this article to get the answers to many important questions asked by bloggers like you.
- Ad Networks like AdSense, Media.net
- Direct Advertisements
- Affiliate marketing
- Native Advertising
- Paid reviews/Sponsored posts
- Sell Digital products (eBooks, Blueprints)
- Launch an Online Course
- Offer Online consulting
- Offer Services based on your skills
1. Ad Networks
There are ad networks that are the simplest and widely used method for monetizing a blog.
The two Ad networks which are most popular are:
- Google AdSense (Offered by Google)
You need to have a blog to get approval on these ad networks. They show ads automatically based on the context of your article and also based on user interest. Most of the new blogs use these methods to monetize as it gives recurring income. Since the ads shown are of high quality, they don’t affect the user experience.
2. Affiliate Marketing
Affiliate advertisements are one of the best ways to make money since a single sale will make you a lot more money than a single click on a contextual ad.
Here are some of the popular Affiliate marketing marketplace that you could join:
All you need to do is, share your unique affiliate link of the product you are recommending, and when someone makes a purchase, you will end up earning a huge commission of the sale amount.
Affiliate marketing is the way, how a lot of bloggers are making millions of dollars every year from their blog.
3. Sell your own eBooks
If you notice, the business model of top bloggers has to do with selling their own products such as an eBook.
All you need to do is pick a topic, compile an eBook on that topic, and put it on sale on your blog or on Amazon. Once you are used to this process, you can earn a decent amount of money by selling eBooks online.
Moreover, having your own product to sell is the best thing that you can do to generate passive income.
You can compile your articles into a well-structured book and sell it on your blog or on other platforms such as kdp.Amazon.com to earn money. This will also give you the credibility of becoming an author.
4. Native Advertising
Native advertising has been one of the forefronts of making money from blogging. Especially, news and jobs kind of blogs can make a really high income with Native advertising.
There are a few native advertising solutions that are worth your time and effort of implementation.
5. Sell Courses
Selling digital online courses is another way you can profit from blogging. Develop intuitive and helpful courses that add a tremendous amount of value and the rest will be smooth sailing. By putting your heart and your soul into these courses, you can simply allow them to sell on autopilot for you, another great avenue for passive income.
Courses work great when it comes to technical skills like web development, digital marketing, graphic design and so on. But they also work in formats like finances, stocks, currency investing and accounting. Find what you’re really great at and do the due diligence before building your course. Then make something far better than the other courses out there in the marketplace.
6. Generate Revenue with Sponsored Posts/Reviews
Making money with sponsored post and reviews is one of the least common ways of monetizing a blog, probably because you’ll need to have a lot of traffic and credibility to pull it off.
With sponsored posts and reviews, a blogger will charge a company a fee to write about their product on the blog and give their opinion of it. The product gets exposed to the blogger’s audience and the brand gets more exposure and new customers.
What should I blog about to make money?
Passion: Things that you are already passionate about or have an interest in. This thing doesn’t have to be something you are learning at an academy or at your job, but it could be as simple as something that your friends, family, and others call you to take your opinion. For example, Cars, Food, Finance, Travel. Take a pen and paper, and label it as “Passion list”. Now, list down every topic that you think you have an interest and you could blog about.
Traffic and trend: You would want to ensure that there are decent traffic and interest in the topic that you have discovered by creating your passion list. Trends will give you an idea if this topic is growing or dying. Trends.google.com is a free tool that let you gauge the traffic trend of any topic.
Monetization: The 3rd factor that will help you to find profitable blogging idea is an option for monetization. You need to see how you planning to monetize your blog. Is it going to be Ad network such as AdSense or is it going to be Affiliate marketing?. To give you a perspective, “Whatsapp” as a topic is growing really fast and you may be passionate about it, but the monetization sucks. Even with high traffic, making money is negligible.
Competition: This is the last but not the least factor. If you are getting into a competitive niche, you will find it hard to stand out and also outrank existing big players. I don’t mean to demotivate you but if you have a choice between 2-3 topics, pick the one with medium or low competition. If you end up picking a broader niche, for example, fashion, in a competitive niche, it would just take a few extra months to ace it. So, you need to keep this in mind when looking at the competition.