Many people start blogging because they are passionate about what they do however running a blogging business can be very expensive. It’s important to note that once you start building an audience, it get’s difficult trying to sustain and interact with a huge audience. For example, not only do you have to worry about web hosting, domains, band-width and even dedicating your time, you have to also make sure that you can produce content throughout the entire month. This means sometimes giving up your full time job so you can be their producing content and making sure you answer all your reader’s questions. There has been huge debate over how much actual money can be made from your blog and the answer is very simply. You can make unlimited money but you need to be able to utilize some of the resources you have available. With that said, I’ve read from some of the top bloggers within the industry that there are around 4-5 methods that have worked very well providing more than a full-time income.
Google Adsense
Google Adsense has been proven to be very vital in producing some of the top bloggers enormous amounts of money. The hardest thing is actually getting approved for their program but once you’re in you can make enormous amounts of money. These days it’s become much harder to get approved because they are looking for specific criteria to be met before approving you for their program. For example, you need to be constantly needed to be producing high quality content which will attract visitors and even search engines. Next, you need to be in a niche which is not over-saturated because they have many different advertisers however some of them are in various different niches. For example, if there are 1000 blogs on webhosting than Google won’t keep adding more publishers within “webhosting” they will try and look for several different types of blogs in different industries. Google wants to make sure that you’re content is original and not copied from other blogs. They do various checks over several months to ensure the content produced is NOT found anywhere else.
Affiliate Programs
There are many different affiliate programs in different niches which have been proven to be very lucrative for several people. For example, you can make enormous amounts of money selling products relevant to your niche for established companies. These companies will pay you 50% commission off every sale produced through your website which can be enormous if you make 500 sales a month. Many times the commission will be recurring allowing you to constantly earn from the same sale as long as they are a customer. The amazing thing about these programs is that the sales funnel provided is awesome and has been tested for years making it more tempting to complete the sale. It’s an awesome method to generate loads of income through you’re blog if it’s established.
The main thing is to find the right affiliate program which earns you awesome commissions and recurring income. This can be sustainable income going forward.
E-Book
Once you’ve become an experienced blogger, you have more leverage on your side being to influence your readers. Having credibility in blogging can go a long way which is why it is always recommended to help people solve problems with your content. Once you’ve gained enough knowledge in your industry, you can start selling your own material which means to create an eBook. An eBook is an electronic book containing information about your niche and professional information showing people EXACTLY what to do when they want to get started. You can sell that book for whatever price you think is reasonable. It can be an ongoing income stream for several years and if you really want to create a buzz, you can create several different eBooks all with experience in different aspects of blogging.
Consulting
Once you have your own team, you can take time out to do private coaching or consulting. This can be very lucrative often allowing you to create an awesome portfolio of clients. You can earn money on an annual base and bill whatever price you feel is reasonable. If you built a huge cliental, you can make a lot of money however it can get difficult to manage everything all at once like your blog, affiliate programs, sales and consulting. To find cliental, you can simply put a page on your blog with a form that your visitors can fill out to be contacted directly about the consulting services you provide.
Sponsorships
What’s becoming a popular trend within blogging is to hire someone to promote your product or service. This is completely different than affiliate sales of a product because you are essentially putting your name behind a brand. Many times a company getting started with a new product will need someone experienced and with a following to test out the software. They will pay you to test it out and if it performs the way that it was supposed to and you truly think it would help others, than you can promote it on your own blog. Now imagine having 50,000 readers and promoting that product to them, it can generate loads of sales for the company who developed the software. It can mean a lot of profit for you if you arranged to earn commission off each sale. There are a few things to keep in mind when following thins approach...
First, make sure to only put your name and promote a product that you feel will really help your readers and audience. Promoting a low quality product for profit can hurt your brand and you’ll lose credibility.
Next, make sure that the deal is profitable for you because you have built your reputation through hard work so it’s only fair that you get compensated for your work.
Final Thoughts
Making money online can be a very difficult task especially when you have just started your blog and have no real readership. In the end, always focus on building your blog and writing high quality content as this is what is responsible for making sure you will be a winning blog with your readers. Next, once you have a solid readership then you can work a implementing a few money making ideas listed above. Try “1” at a time and then find out which has shown the best results for you over a specific time period.
Google Adsense
Google Adsense has been proven to be very vital in producing some of the top bloggers enormous amounts of money. The hardest thing is actually getting approved for their program but once you’re in you can make enormous amounts of money. These days it’s become much harder to get approved because they are looking for specific criteria to be met before approving you for their program. For example, you need to be constantly needed to be producing high quality content which will attract visitors and even search engines. Next, you need to be in a niche which is not over-saturated because they have many different advertisers however some of them are in various different niches. For example, if there are 1000 blogs on webhosting than Google won’t keep adding more publishers within “webhosting” they will try and look for several different types of blogs in different industries. Google wants to make sure that you’re content is original and not copied from other blogs. They do various checks over several months to ensure the content produced is NOT found anywhere else.
Affiliate Programs
There are many different affiliate programs in different niches which have been proven to be very lucrative for several people. For example, you can make enormous amounts of money selling products relevant to your niche for established companies. These companies will pay you 50% commission off every sale produced through your website which can be enormous if you make 500 sales a month. Many times the commission will be recurring allowing you to constantly earn from the same sale as long as they are a customer. The amazing thing about these programs is that the sales funnel provided is awesome and has been tested for years making it more tempting to complete the sale. It’s an awesome method to generate loads of income through you’re blog if it’s established.
The main thing is to find the right affiliate program which earns you awesome commissions and recurring income. This can be sustainable income going forward.
E-Book
Once you’ve become an experienced blogger, you have more leverage on your side being to influence your readers. Having credibility in blogging can go a long way which is why it is always recommended to help people solve problems with your content. Once you’ve gained enough knowledge in your industry, you can start selling your own material which means to create an eBook. An eBook is an electronic book containing information about your niche and professional information showing people EXACTLY what to do when they want to get started. You can sell that book for whatever price you think is reasonable. It can be an ongoing income stream for several years and if you really want to create a buzz, you can create several different eBooks all with experience in different aspects of blogging.
Consulting
Once you have your own team, you can take time out to do private coaching or consulting. This can be very lucrative often allowing you to create an awesome portfolio of clients. You can earn money on an annual base and bill whatever price you feel is reasonable. If you built a huge cliental, you can make a lot of money however it can get difficult to manage everything all at once like your blog, affiliate programs, sales and consulting. To find cliental, you can simply put a page on your blog with a form that your visitors can fill out to be contacted directly about the consulting services you provide.
Sponsorships
What’s becoming a popular trend within blogging is to hire someone to promote your product or service. This is completely different than affiliate sales of a product because you are essentially putting your name behind a brand. Many times a company getting started with a new product will need someone experienced and with a following to test out the software. They will pay you to test it out and if it performs the way that it was supposed to and you truly think it would help others, than you can promote it on your own blog. Now imagine having 50,000 readers and promoting that product to them, it can generate loads of sales for the company who developed the software. It can mean a lot of profit for you if you arranged to earn commission off each sale. There are a few things to keep in mind when following thins approach...
First, make sure to only put your name and promote a product that you feel will really help your readers and audience. Promoting a low quality product for profit can hurt your brand and you’ll lose credibility.
Next, make sure that the deal is profitable for you because you have built your reputation through hard work so it’s only fair that you get compensated for your work.
Final Thoughts
Making money online can be a very difficult task especially when you have just started your blog and have no real readership. In the end, always focus on building your blog and writing high quality content as this is what is responsible for making sure you will be a winning blog with your readers. Next, once you have a solid readership then you can work a implementing a few money making ideas listed above. Try “1” at a time and then find out which has shown the best results for you over a specific time period.