Blogging is one of the most popular remote online work options today. There are more than 31 million bloggers in the U.S. alone. Blogging can be a full-time job and even become a business for those who plan properly. Bloggers can make money online by monetizing their website and content. Many bloggers earn hundreds of thousands of dollars every year, and some earn millions. With a few years of time and patience, you can be one of the many bloggers working online while earning money.
Some popular ways to make money blogging online are:
Affiliate marketing, selling products, offering advertising space, sharing sponsored content, and selling services.
Being a professional blogger is not as challenging as it was previously. If you stay consistent and keep going for longer, you can earn a substantial amount of money.
Affiliate Marketing
One of the most effective methods for making money blogging is affiliate marketing. This means placing product ads on your website where people may want to purchase them. You earn a predetermined percentage for every sale.
Choose the right type of advertisements for your blog. For example, if you write about fitness, then you will advertise fitness-related products.
It’s been projected that 8.8 billion dollars will be spent on affiliate marketing by corporations in the United States during the year 2022. It’s fairly safe to say that this market will see major growth in the coming years.
Large corporations like Amazon, Bluehost, and Shopify run associate marketing services regularly. You should join one of these platforms if you want to find the right advertisements for your blog’s content. Please keep in mind that several organizations provide specialized software to handle these systems. In the early stage of your blogging career, using one of these tools would be smart. ShareASale is one area where you can find affiliate partners.
Selling Products
Selling your products, or other products that you believe in, by promoting them on your blog is another excellent way to make money. If you run a small business, or have an Etsy shop, then write about the products that you sell on your blog page.
If you don’t want to run a business, or have inventory in storage, dropshipping is another way to make money. All you need to do is submit the transfer requirements to a wholesaler, manufacturer, or producer.
You don’t have to only place tangible product advertisements, you can also promote online services like eBooks, courses, white papers, templates, downloadable songs, streaming services, and many more. Online services can also be used to promote your website. For example, you can build a premium subscription plan and invite premium members to access online services included in a monthly subscription.
Selling Space for Advertisers
Offer space for advertisers in two ways; one is CPC (cost per click), and the other one is CPM (cost per 1000 impressions). If you choose CPC, then you are going to get payment for every click on the ad by your website’s visitors. CPM guarantees payment for 1000 impressions/views of the advertisement.
You can contact companies directly or use networks to assist you. For instance, AdThrive, Google AdSense, and many other networks offer programs for bloggers.
Google AdSense will automate the process by placing ads on your blog that are relevant to your content. Keep in mind that AdSense will reduce your earnings by keeping a small amount of the cut.
Sponsored Posts
Sponsored content might include reviews of different products, or descriptions of the product or company. It could include describing an experience you have personally with the product or service, or offering any number of promotions for a company. Once your blog reaches popularity, you can partner with companies to create sponsored content, and this is a way you can earn a lot of money.
You should keep track of your metrics to determine your blog’s growth, and when you know who your audience is, how often they visit, and what they come for, you can create more content for them. Once you have a good following, you can reach out to the brands that excite you and your target audience most to negotiate sponsored content. Don’t wait too long to start reaching out to brands; once you have regular readers you should start getting to know the brand representatives to ask for sponsored content deals. They will likely say ‘no’ at first, but don’t be discouraged, and keep trying until they say ‘yes’.
Selling Services
Offering freelance services can be another good way to earn revenue from your blog. For example, if you write a blog about graphic design, you can place an advertisement for your freelance services on the page. You can also connect readers to other freelancers and earn a percentage of the payment.
Use the sales navigator on LinkedIn to share that your blog provides services. Be specific about what you can offer, and you may find some interested clients.
There are several ways to make money blogging. These are just five of the ways, but there are so many more. You should spend some time determining what exactly your blog will do to improve the lives of others, because when you are reader-focused and not self-focused you will see that a lot more possibilities for adding value to others’ lives will open up. Have fun exploring what others are doing, be creative, and go start your blog.
Read Write a Business Plan for Blogging for more information on the business of blogging.
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