DISCLOSURE: THIS POST MAY CONSTAIN AFFILIATE LINKS,MEANING I GET A COMMISSION IF YOU DECIDE TO MAKE A PURCHASE THROUGH MY LINKS, AT NO COST TO YOU. PLEASE READ FULL DISCLOSURE HERE
Blogging is a proven method to make money online. If you are new to the online business world, blogging is actually a good starting point for you for a few reasons.
Reason #1: It’s easy and quick to get started. All you need is a domain name and web hosting. Even if you are not tech-savvy, you can set everything up with a few clicks.
Reason #2: You can build and grow your blog on the side without quitting your job. It’s extremely flexible. If you have other commitments, you just need to fit your blogging schedule around them.
Reason #3: There are many ways to earn money from your blog. Most of them are truly passive income.
How To Generate Cash From Your Blog
Method #1: You can make money with advertising on your website.
To get started, you need to apply with Google AdSense or an ads Management Company like MediaVine. Once you get accepted, you can start making money from the ads displayed on your website.
In fact, for big publisher such as Entrepreneur.com, one of their biggest sources of revenue is advertising. From the screenshot below, you can see that one display ads is placed right in the middle of their front page.
Here’s another example of making money with advertising. Below is a food blog that shares recipes and also sells its own products. You can see that they place ads just below one of their cooking videos.
Now, how much can you make with ads?
It’s estimated that you can make around $1 for every 1,000 pageviews on your blog.
That means you can expect to make roughly $100 a day if you have 100,000 pageviews every month on your blog.
Here’s the definition of pageview according to Google:
“A pageview (or pageview hit, page tracking hit) is an instance of a page being loaded (or reloaded) in a browser. Pageviews is a metric defined as the total number of pages viewed.”
In other words, the more visitors you have and the more pages they view on your blog, the higher your ads revenue.
You can start your blog with Bluehost NOW, just like how I did it with my website.
Method #2: You can make money from promoting other people’s products or services as an affiliate.
To get started, you need to first identify what affiliate program you want to sign up for and then apply to become an affiliate. Once approved, you can start promoting their products or services using your affiliate link.
I just started experimenting with affiliate marketing on my website. One of the affiliate programs I signed up for is Bluehost affiliate program because I have been a long time customer.
After I got accepted, I started promoting it in some of my blog posts just like this.
The Bluehost picture above is one example. When you click the picture, it will bring you to Bluehost website. If you decide that it’s a good web hosting plan to get for your blog and purchase it, then I will earn a small commission at no cost to you.
Of course, there are other popular affiliate programs such as Amazon affiliate programs and Udemy affiliate programs.
For each affiliate program, it has its own payout structure.
Some offer you a one-time fixed dollar amount payout while others give you a percentage of their sales as your commission.
So, how much can you make from affiliate marketing?
It all comes down to how much traffic your blog receives and how many of them you can convert into buying the products or services you are promoting.
The income potential from affiliate marketing can be quite high if you follow the right strategy.
For example, Pat Flynn of SmartPassiveIncome is making more than $100,000 every month just from affiliate marketing alone.
Method #3: You can make money with sponsored post.
Companies are always trying to reach out to their target customers through different advertising channel. Sponsored post is one of them. Below is one example of sponsored post on a Mom blog.
The company called Torani produces flavoring syrup and sauce.
So, one of its target customers are moms.
Asking a mom blogger to promote its products on ther blog is a very smart marketing decision because her blog audience are mostly moms.
So, depending on your niche and audience demographics, you will attract different types of sponsors.
For example, if you are running a personal finance blog, your potential sponsor could be insurance companies or banks.
If you have a website in the niche of beauty and skincare, then your potential sponsor could be cosmetics companies or plastic surgery clinic.
How much can you make with sponsored post?
Generally, you can charge anywhere from $300 to upwards of $2000, depending on a few factors such as your website traffic and social following.
If you have tons of website traffic and a huge social media following, you can probably command a much higher price.
For example, KellyMom.com charges a one-month sponsorship fee of $3000 in exchange for a sponsored post on its website and a Facebook post.
Method #4: You can make money by selling your own products on your blog.
It can be physical products or digital products. But, it is more common and much more profitable to sell digital products such as eBooks, online courses, and printables.
For my blog, I have been selling my own online program” Service Arbitrage Pro” on autopilot. That means the entire sales process is fully automated.
Method#5: You can make money by selling your own services on your website.
So, what services can you offer on your blog?
To help you figure out what you can offer, you can ask yourself the following questions:
- What are your skills and expertise?
- What problems can you help your audience solve?
- What results can you help your audience achieve?
- What advice do your audience often ask from you?
- What challenges have you overcome?
- What results have you achieved?
Generally, it is very common for bloggers to offer coaching and consulting services related to their niche.
For example, FIRE (Financial Independent Early Retirement) blogger might offer consulting on how to achieve FIRE.
A marketing blogger who writes about SEO and content marketing might offer SEO services to help businesses rank higher on Google and get more organic traffic and leads.
For myself, I offer coaching services on how to start a service arbitrage business on the side.
Where To Start When You Are A Total Beginner
There are 3 simple steps to follow to get your online blogging business started.
- Set up your blog
- Build an audience
- Start making money
Set Up Your Blog
So, how do you set up your website, just like my blog you are reading right now?
Step #1: Purchase a domain name & web hosting
For my website, I purchased my domain name and web hosting plan from Bluehost. It’s one of the cheapest web hosting plans around and offers 24/7 online support.
If you are just starting out, the cheapest annual plan from Bluehost is good enough.
Step #2: Get your website live
Once you have purchased your domain name and web hosting, it’s time to get your blog live and design your blog.
Let me give you an analogy.
If your domain name were your house address and your web hosting were your house, then a wordpress blog theme would be the interior design of your house.
There are many free wordpress themes.
When you are just starting out, you can just choose any of the free themes available.
After you have decided on the theme, your next step is to install it for your blog.
If you are using Bluehost, its one-click wordpress install allows you to install your wordpress theme effortlessly.
In fact, there are a lot of video tutorials that show you how to install your wordpress theme step by step.
Step #3: Start writing content on your website
Now, your blog is live.
You need to start publishing content on your blog, and also get your website indexed by Google, so you will get free organic traffic from Google later on.
For your blog content, quality always trumps quantity for two reason.
When you write high quality blog posts that give a lot of value, your audience will like and share your content and also perceive you as an authority in your niche.
Over time, they could become loyal fans of your blog.
Another reason is that Google loves good and original content. If you publish good and original blog posts consistently, Google could drive more traffic to your website over time.
As you build your blog and your audience, you start experimenting with different monetization method and see which one is the best for you.