You have landed in the perfect spot if you are seeking answers to the aforementioned inquiries. This comprehensive guide on earning money through blogging will provide you with all the necessary information to get you started.
How much money can you make from blogging?
Similar to various professions such as doctors, lawyers, and financial advisors, bloggers come in different tiers with earnings ranging from $1000 to $2 million annually. Through blogging, I am able to generate nearly a million dollars per year.
The amount of money you can earn is determined only by a handful of factors, including:
- Which niche you are picking?
- How much time you are dedicating to learning and implementing?
- How much traffic do you drive to your blog?
- What digital marketing techniques do you implement?
A lot of other elements such as personal motivation, consistency, goals, and one’s network also play a significant role.
Your digital marketing skills, combined with finding a specific niche, can result in rapid progression within the blogging industry.
While there are several ShoutMeLoud articles available for you to explore and gain knowledge on mindset and motivation, our main focus in this guide will be entirely on generating income through blogging.
I have included responses to several commonly asked blogging-related inquiries towards the conclusion of this manual, in order to simplify things for your convenience.
What are the ways bloggers make money (Various Income streams)
To make money from your blog, there are several techniques available to choose from. The best approach to take will depend on your level of experience with blogging and the type of blog you have. Don’t forget to read the conclusion of this article for responses to essential inquiries frequently asked by bloggers similar to yourself.
1. Ad networks: (Beginners)
Monetizing a blog can be achieved through ad networks which are the most straightforward and commonly employed approach.
The three most popular Ad networks are:
- Google AdSense (Offered by Google)
- Ezoic
- PropellerAds
In order to receive approval from these advertising networks, it is required that you have a blog. These networks automatically display ads that are relevant to the content of your article and tailored to the interests of users. A majority of new blogs utilize these tactics for generating income as it results in continuous revenue. The advertisements that are displayed are of superior quality and do not negatively impact the user’s experience.
If your blog is not reaching 300 views per day, there are alternative ad networks suggested in this list that you may utilize. Nevertheless, your objective ought to be to acquire AdSense or Setupad authorization as promptly as possible.
2. Affiliate Marketing: (Most profitable method): Intermediate + Advanced
One of the most effective methods of earning money is through affiliate advertisements as a solitary sale can generate considerably more revenue compared to a solitary click on a contextual ad.
Nowadays, a lot of bloggers have been utilizing it as it is considered as one of the most lucrative ways to generate income through a blog.
3. Sell your own eBooks: (Intermediate)
If you observe carefully, the successful bloggers typically rely on selling their own products, like an eBook, as part of their business strategy.
Simply choose a subject, create an eBook about it, and sell it on your blog or Amazon to earn a reasonable income from selling digital books once you get accustomed to the process.
In addition, there is no better way to create passive income than by having a product of your own to sell.
One can gather their written work together to form a meticulously organized book and market it on their personal website or other platforms such as kdp.Amazon.com to generate income. This will also establish their reputation as a published author.
4. Native Advertising
Making money from blogging, native advertising has emerged as a leading revenue source. Particularly, blogs that fall under the categories of news and job-related content are highly profitable with native advertising.
There exist some efficient native advertising solutions that require your attention and effort for implementation.
5. Launch online course (Membership site): Advanced
- Can you convert your textbook into a video format?
- Can you add the checklist, downloadable templates?
- Can you create a 1-2 hour video course?
If you answered affirmatively, this approach is suitable for you. With the assistance of technology, it has become effortless for anyone to establish an online course. Moreover, if you offer an exclusive course, your likelihood of attaining a $1 million objective is considerably higher.
If you want to market your online course, take a peek at ShoutUniversity. The website provides video tutorials on WordPress, Affiliate marketing, and AdSense to help you learn in no time.
6. Sponsored Blog Content
Sponsored content has stood the test of time as a worthwhile investment for brands of various types and it can be incredibly effective when strategically used. For bloggers, this represents one of the most advantageous ways to generate income.
Repeatedly, this technique has been demonstrated to be effective for advertising and also beneficial for you.
Sponsored content refers to a situation where a company compensates you for writing a piece of content that either focuses on them or a related topic, highlighting their product, service or brand as the primary source of information for readers interested in learning more.
It is a mutually beneficial agreement, which is often reached between a blogger and an advertiser, providing an advantage to both parties involved.
If sponsored content is executed effectively (and not simply an obvious advertisement), it feels authentic, distinctive, and devoid of aggressive marketing tactics. Personally, I believe that if your sponsored post doesn’t prioritize offering genuine benefits to your audience, then you’ve veered away from the right path.
Your audience trusts you based on the trust you’ve built, which means they believe in your recommendations of products that you know well and believe in. Hence, it’s crucial to be honest with your audience when creating sponsored content.
What are the ways to acquire sponsorship? In case you have a widely recognized and visited blog, you might be receiving numerous sponsorship proposals in your email. However, if this scenario doesn’t apply to you right now, let’s discuss how to receive offers for sponsored content.
To begin with, pinpoint a few products and their corresponding companies that align well with your niche.
Frequently, you may discover that the items or facilities you presently utilize are the ones you can advertise. Compose a register of a minimum of 10 items that you are enthusiastic about and willing to endorse.
The following step is the most challenging, but I assure you that it is not too tough.
Visit the websites of your top 10 products and locate the contact information of a marketing or PR personnel of the company using user-friendly blogging tools such as Hunter or Voila Norbert. Note that some companies that are interested in sponsorships may show a sponsorship email address on their contact pages.
Now is the time to send a cold email to them, proposing a partnership for sponsored content directed towards your readers. Make sure to highlight why they should invest in the sponsorship.
7. Blog Advertisements
One of the simplest and most straightforward ways to earn money is by exhibiting advertising space.
Let me clarify, I am not criticizing the concept of “basic”. By “basic”, I refer to utilizing uncomplicated advertising space as an essential aspect of beginning a business, which is the approach I initially took. However, as this method is relatively straightforward, it often results in a lower financial gain.
The straightforward advertisement on my blog generates a blog income between $800 to $1,200 per month with the support of approximately 300,000 readers on a monthly basis.
This particular method of earning money through blogging yields comparatively lower returns, considering the amount of traffic my blog receives, when compared to other methods I employ.
Although there is a drawback, I am able to effortlessly earn income on a regular basis through this channel because I am an authorized publisher with Carbon Ads, which arranges collaborations with advertisers such as Atlassian, Adobe, Slack, and numerous additional technology-related firms seeking to connect with my followers.
Are blog advertisements still a legitimate way to make money blogging?
To summarize, advertising space remains a significant element in several digital marketing campaigns, particularly when coupled with advanced conversion tracking software. It is essential to note that blog ads imitate traditional advertisements like billboards, magazine features, and newspaper ads. With the appropriate blog niche and following effective tips on naming a blog distinctively, incorporating ads can be a simple way to create brand awareness and visibility.
