Accounting & Finance
This is How to Make a Living from Blogging
Blogging is big business, with some bloggers earning millions. However, only a few blogs attract large visitor numbers and have the right revenue-generating income streams capitalizing on their visitor traffic.
All bloggers keen to do more with their blog and traffic can learn a thing or two from this blogger who is making $30,000+ a month.
Being a blogger takes dedication and a lot of hard work to earn a reasonable income. If you have a passion for writing and have a niche idea, read the following information on how to make a living from blogging.
A Blog Is A Work In Progress
Avoid procrastination. Start your blog today. Get set up on WordPress or HubSpot or if you’ve got a website or server hosting plan, buy a domain name and then get your WordPress site set up straightaway.
A blog is a work in progress, and you’ll be adding new content to it daily, so it doesn’t need to be perfect immediately. What’s important is the content, i.e. your blog posts, and that they are relevant and useful to your intended audience. For this to happen, you need to know what you want your blog to do, including:
- What is your blog niche?
- Who is your audience?
- How will your blog attract visitors?
- When will your blog start making money?
Once again, you don’t need to have all the answers before you start your blog. Like with all startups, there will be more questions than answers, but over time, as your blog gathers speed and makes ground, the answers start appearing.
Use Google tools to get the data you need to make informed choices about where you want to focus your content and ensure your site, aka blog, has been optimized for the search engines, namely Google.
If in doubt, hire an SEO consultant to assess your site and improve its SEO friendlessness so Google can spider it and find what it needs every time you update it with new content. Google also has features to improve your marketing see this article.
The more you know about digital marketing the faster your blog will grow a regular audience.
If you’re not familiar with digital marketing, read 22 Immutable Laws of Marketing by Al Reis and Jack Trout.
You will need to master digital marketing, so your blog is found online with backlinks from various sources, including:
- other blogs
- social media
To get backlinks, you need to generate worthwhile content that resonates with your desired audience. Visitors will happily share your blog posts when they are informational, not selling. Your blog can grow its visitors when its content is shared.
Social Media Marketing Campaigns
Did you know that 23% of web users’ internet time is spent on blogs or social media posts? So, you should increase your chances of success by developing social media campaigns with the aim of promoting your blog and driving traffic to your site. After all, there is a reason why 12 million people choose to blog via social media networks.
The more followers you acquire, the more people will visit your website to engage with your blogs, advertisements, or products. Also, building a loyal social media following could lead to other advertising possibilities, which can help boost your profits.
Connect With Other Bloggers
Blogging allows you to enter an online community, as you can form relationships with other like-minded bloggers. You should consider attending blogging events in your neighborhood to connect with other bloggers and learn from their experience. What’s more, once you have built strong connections, you can guest post on each other’s blogs to raise your profile and drive powerful backlinks and traffic back to your website.
Don’t Expect to Make a Fortune Overnight
If you expect to receive a substantial sum of money from the start, you’re going to be sorely disappointed. It can take time to build a loyal following, and you might not start making money until 12-18 months of steady blogging. That’s because it can take time to drive traffic to your website and develop a loyal fanbase. So, don’t give up just because you have yet to enjoy a profit, as you will have to be in it for the long haul to enjoy online success.
Multiple Revenue Streams
Once you have boosted your blog’s profile and witness considerable traffic, you should start seeing a steady profit each day. If you’re not, you might be taking the wrong approach to building revenue.
For example, you might not be providing readers with an opportunity to buy a product, which could be in the form of affiliate links, paid guest posts, e-books, AdSense, or an online course. You might, therefore, need to review your revenue strategy or consider adding different revenue streams onto your site.
Don’t Focus Solely on Advertising
Advertising can be a valuable revenue stream, but it is not your only option. Rather than relying on ads to boost your income, you could take your income into your hands by pursuing your own money-making ventures.
For example, you could start selling your own products on your website, which could eventually make you thousands of dollars a month once you start building a loyal following. As soon as you become a top blogger in your niche, advertisers will start approaching you.
Sell Memberships on Your Website
Another way to monetize your blog is by selling memberships. It’s an exclusive area of your website that will be available for members only so that they can gain access to exclusive content for a predetermined monthly fee, such as $10.
It can provide your users with detailed, personalized content regarding their needs and business, so it will be more valuable than the content they will find online for free. So, develop valuable content that is worth the fee, and you’ll retain their loyalty.