Is blogging truly a passive income?
If your definition of passive income is that you don’t have to do anything and money simply comes to you, then it is not possible. However, by that definition, no income can be considered completely passive.
If what you refer to as ‘passive income’ involves initially investing some effort but then being able to minimize your involvement while the money continues to flow, then blogging can indeed serve as a great source of passive income.
To achieve your goals, there are several tasks that need to be completed, each requiring effort and time. These include setting up a blog, generating content, applying for affiliate programs, writing affiliate posts, gaining knowledge in search engine optimization (SEO), joining an ad management company, and developing digital products.
Once you have completed the initial work and your blog is generating income, you can take breaks, have a flexible work schedule, and even neglect your blog for extended periods while it continues to generate income consistently, even while you are sleeping. However, it is important to note that some routine maintenance will be necessary to ensure the long-term sustainability of that income.
How to Earn Passive Income From a Blog: a Step-by-Step Guide
How do you practically implement all these good ideas? How can you generate passive income from a blog? Here’s the method…
STEP 1: START YOUR BLOG
Starting your blog is the initial step in the process because without a blog, it is impossible to generate passive income from it.
STEP 2: CREATE CONTENT FOR YOUR BLOG
Next, you should proceed to generate content for your blog. It is essential to produce exceptional blog posts on subjects that your desired audience is interested in. Moreover, conducting keyword research is crucial in order to write blog posts that have a good chance of obtaining a high ranking on Google and catering to a large number of online users’ search queries.
STEP 3: OPTIMIZE YOUR BLOG FOR SEARCH ENGINES (SEO)
If your goal is to generate passive income from your blog, it is crucial to prioritize generating the majority of your traffic from search engines. Although other avenues like social media and Pinterest can drive traffic, they necessitate considerable weekly efforts to achieve only a fraction of the passive traffic obtained from search engines.
Search engine optimization or SEO is required in order to optimize your blog for search engine traffic and achieve the maximum possible traffic from search engines.
STEP 4: BUILD AN EMAIL LIST
A great strategy to effectively expand your blog without much effort is to convert random visitors who discover your site through search engines into loyal subscribers. By doing this, you transform one-time visitors into regular followers. As you establish trust through your emails, these subscribers will eventually become dedicated supporters and promoters of your blog. They will eagerly share your content with their loved ones, creating a ripple effect that grows your audience.
Having an email list is a necessary step for selling digital products like ebooks and online courses. Selling a digital product directly from your blog is extremely difficult, as the majority of sales typically come from your email list.
By creating welcome sequences, newsletter sequences, and sales funnels that are triggered automatically according to time or subscriber behavior, it is possible to significantly minimize the active nature of your email marketing.
STEP 5: CREATE AFFILIATE POSTS
The most straightforward method to begin earning money with a newly created blog is by utilizing affiliate posts. These posts are specifically crafted to motivate readers into buying a product through your affiliate link. Typically, these posts come in the form of either a product review or a compilation of products centered around a particular theme. For instance, examples include ‘The top 10 baby monitors costing less than $100’ or ‘Necessary running gear for your initial 5K race’.
When writing a blog post, it is crucial to conduct keyword research to make sure that there is enough traffic related to your topic and that the competition is not overly intense. Equally important is to compose a blog post that primarily aims to assist your target audience with a problem they are facing, rather than one that appears to be solely focused on selling.
Key to monetization: Choosing the perfect blog niche
To start, it is crucial to find the ideal blog niche to concentrate on when it comes to blogging for financial gain.
In order to monetize your blog, it is necessary to determine the current state of affairs in your specific field before contemplating any strategies.
The truth is, when thinking, it is important to go step by step. It is crucial to maintain the same meaning without introducing any new information or removing any existing information.
Readers have a preference for specificity as they seek information and solutions to precise questions and issues.
The complete purpose of earning money through your blog is precisely that.
Your goal is to assist your readers.
Providing something valuable is indeed the most effective approach. When your audience perceives your content as beneficial, they become more inclined to invest in the products you propose or endorse.
Consider this: if you were faced with the decision between two products that have identical prices, would you opt for the one that holds value or the one that simply provides aesthetic appeal?
To find the perfect blog niche, please refer to my post for more detailed information.
When selecting a blog niche, it is important to consider your own interests. It is crucial to choose a topic that you have a genuine passion for, especially if you plan to generate income from your blog’s audience.
Firstly, keep in mind that you will invest a significant amount of time into your blog, as you will be producing content and working to increase your readership. Therefore, it is important to select a specific subject area that you genuinely have a passion for, that makes you feel at ease, and that ignites your desire to expand your knowledge.
How to find a profitable blog niche:
In order to assist you in selecting a profitable blog niche to start, let’s outline a few helpful factors to consider:
- Niche size and traffic potential:
Don’t pick a niche no one is interested in. Make sure you can attract enough readers and traffic, otherwise you’ll have a hard time making money from your blog. - Seasonality:
If you want to earn passive income throughout the year, don’t start a blog about Christmas decorations. Of course, you’ll see some seasonal fluctuations in traffic in any niche, but try to avoid blogging about something extremely seasonal. - Competition:
Before you start a blog, make sure you do some competitive analysis. Find out who your competitors are, if the market is 100% saturated already, and if there’s something missing that readers are searching for. Fill that gap! - Evergreen content:
Choose a blog niche where you can write evergreen articles and attract consistent traffic for years to come. This will save you tons of time when you don’t have to worry about your articles becoming outdated.
Considering that it is challenging to provide a definitive solution for selecting an ideal and lucrative blog niche, it is important to trust your expertise and exercise good judgement while conducting niche research.
What monetization method should I use for my blog?
It is a simple fact that your blog needs to have a diversified and robust strategy for making money. You should be willing and ready to generate income from every source available.
As you consider each step, ensure to prioritize your readers above everything else. Their desire is for useful information and content that can positively impact their lives or aid in their decision-making process.
In order to achieve this, it is necessary to remain dedicated to researching the available options in your particular area of interest and discovering beneficial solutions for your audience. As long as you can supply them with helpful content and address their inquiries, they will continue to return. Gradually, your readership will expand, their trust in you will increase, and your blog earnings will also increase.
Display ads:
- Pros: The fastest way to make money blogging, easy to set up, 100% passive income
- Cons: Relatively small income potential, requires a lot of traffic
Affiliate marketing:
- Pros: Easy to start with, big income potential, doesn’t require a large readership
- Cons: Can sound too promotional if not done correctly, takes some work to set up affiliate accounts and create blog posts about affiliate products, commissions vary a lot
Sponsored content:
- Pros: Allows you to work with brands you like, steady and high revenue potential, no need to worry about commissions or link clicks
- Cons: It takes time to build a blog that brands are interested in, requires a large readership, you need solid negotiation skills, your blog can easily become a billboard
Selling your own products:
- Pros: Full control over the product, direct interaction with buyers, you get 100% of the revenue
- Cons: Takes work to create, setting up an online shop can feel difficult
Monetizing your email list:
- Pros: Direct channel to your readers, not dependent on your social media following or search engine rankings, easy to set up and manage
- Cons: Takes consistent work to keep your subscribers “warm” and to avoid sounding too promotional