Can I Make Money Blogging?
The truth is : making money blogging is nothing to be scoffed at, YOU can make money blogging, and you can make a lot of it. But just how much money can you make blogging? Well, it really depends on HOW you monetize your blog. There are several ways to earn income blogging and the range of income you can generate from a blog is very wide. This post will go into some detail in outlining some of the methods of how to make money writing blogs as well as a look at some of the top bloggers and what they are earning on a monthly basis – I think you will be pleasantly surprised! If you are interested in learning how to setup a WordPress blog and start blogging refer to my previous post here.
How to Make Money Writing Blogs
Top Earning Blogs
"The information and values presented in this list are estimated and may not be 100% accurate. This table was taken from http://www.incomediary.com/top-earning-blogs. It is to be used as a rough estimate to give credence to the potential income that can be achieved through monetizing a blog." The values represent monthly earnings
|1||The Huffington Post||Arianna Huffington||$2,330,000||Pay Per Click|
|2||Techcrunch||Michael Arrington||$800,000||Advertising Banners|
|3||Mashable||Pete Cashmore||$600,000||Advertising Banners|
|4||Perez Hilton||Mario Lavandeira||$450,000||Advertising Banners|
|5||Noupe||The Blonde Salad||$200,000||Private Advertising|
|6||Smashing Magazine||Vitaly Friedman||$190,000||Advertising Banners|
|7||SmartPassiveIncome||Pat Flynn||$153,000||Affiliate Commissions|
|8||Timothy Sykes||Timothy Sykes||$150,000||Affiliate Sales|
|9||Tuts Plus||Collis Ta'eed||$120,000||Membership Area|
|10||Life Hacker||Gina Trapani||$110,000||Advertising Banners|
|11||Gothamist||Jake Dobkin||$110,000||Pay Per Click|
|12||Tuts Plus||Collis Taeed||$110,000||Membership Area|
|13||Venture Beat||Matt Marshall||$100,000||Pay Per Click|
|14||Slash Gear||Ewdison Then||$80,000||Pay Per Click|
|15||Car Advice||Alborz Fallah||$70,000||Advertising Banners|
|16||Life Hacker||Nick Denton||$60,000||Advertising Banners|
|17||Dooce||Heather B. Armstrong||$50,000||Pay Per Click|
|18||Steve Pavlina||Steve Pavlina||$45,000||Pay Per Click|
|19||Talking Point Memo||Joshua Micah Marshall||$45,000||Advertising Banners|
|20||Problogger||Darren Rowse||$40,000||Advertising Banners|
|21||Kotaku||Nick Denton||$32,000||Advertising Banners|
|22||Expert Photography||Joshua Dunlop||$30,000||Product Sales|
|23||Shoemoney||Jeremy Schoemaker||$30,000||Private Advertising|
|24||Coolest Gadgets||Allan Carlton||$30,000||Advertising Banners|
|25||1stWebDesigner||Dainis Gr?veris||$20,000||Product Sales|
|27||PC Mech||David Risley||$16,000||Affiliate Sales|
|28||Abduzeedo||Fabio Sasso||$12,000||Advertising Banners|
|29||Sizlopedia||Saad Hamid||$11,000||Pay Per Click|
|30||Overhead in New York||Michael Malice||$9,000||Advertising Banners|
As you can see some of these bloggers are pulling in an extraordinary amount of MONTHLY income. As you also have probably noticed, they each have different strategies in doing so. And so as you can see, there are multiple ways of how to make money writing blogs.
How to Make Money Online Writing Blogs
10 Ways to Monetize Your Blog
1. Pay Per Click
This is a simple monetization strategy to understand. You sign up for an ad provider like google Adsense and they will send ads that are related or contextual to the content of your site. Every time someone clicks on an ad you get paid. Typically a small percentage of visitors will click on these ads so you will require a high amount of traffic to your website to make significant amounts of money with this method. CTR – Click Through Rate is a term and metric that describes the amount of people click on a certain ad. CPC – Cost per Click is the amount of money you get paid per click.
2. Text Link Ads
This type of advertising involves placing text based ads within the content or writing of your articles or posts. This is linked to affiliate marketing as you must be an affiliate marketing a relevant product to your content. Text link ads are a subtle and often effective way to advertise. 3. CPM (Cost per Mile) Advertising Cost per mile advertising is similar to PPC but instead of being paid based on your click through rate you are being paid based on the amount of impressions of your ads. The term 'impressions' refers to page views. The CPM is based on every 1000 impressions. For example if your website is set up at a CPM of $1 and you have 100 000 page views per month, you will be paid $100 per month.
4. Affiliate Marketing
This is one of the most powerful ways of how to make money writing blogs. Being an affiliate means that you are able to sell someone else's product and collect a commission. When you sign up to be an affiliate of a product you will be given a specific affiliate link. You will also be told what your product costs and what % commission you will receive per sale. By driving traffic and having people click on your affiliate links they will be redirected to the affiliate products sales or landing page that has your specific tracker on it. If the visitor decides to buy the product it will be tracked back to your specific link and you will receive a commission payment. Some of the largest affiliate networks where you have access to sell 100s of products are: Clickbank Rakuten Linkshare Amazon Associates eBay Partner Network CJ by Conversant
5. Advertising Space
You are able to sell space on your website where an advertiser can place a banner. This cuts the middle man ( ad network ) and allows you to charge whatever you want. Because of this, it can be a very lucrative method of monetizing your blog site. You will need a certain level of traffic to be considered by advertisers. When you work out a deal with an advertiser it is usually set so that they will have their banner up for a set amount of time.
6. Create and Sell Your Own Product
The world is full of consumers and the internet is the world's largest and most accessible marketplace. If you have a product or an idea, chances are someone out there will buy it. The amazing thing about this time and age is that you don't even need a tangible or physical product to make loads of money. You can create and sell an e-product/infoproduct/digital product. This could include software, an app, ebook, video series, educational course etc. The advantages of this method is that you have total control of pricing and distribution and the sky is really the limit here. There are digital products out there that sell for $1000s of dollars!
7. Write an Ebook
This is along the lines of what I just wrote above. Creating your own or selling other people Ebooks is a great way to monetize your website and maybe some good ideas that you have. The problem with this is that they can be quite time consuming and may not sell for very much. That being said, there are more efficient ways of creating Ebooks include using and re-purposing older content that you have created such as articles and/or blog posts.
By offering consulting within your specific niche you could monetize your blog. Consulting requires an expert or high level of skill or knowledge within a certain niche, and often is very well paid. The Consulting industry is a 400 billion dollar industry as people are willing to pay premiums to have undivided attention from an expert for an hour. You can offer your consulting services over the phone or on Skype. Many consultants will have built in calendar software to their blog website where customers or potential customers can schedule appointments.
9. Membership Site
A membership site is another way of monetizing your blog. You can have people sign up to become a member and charge a recurring monthly cost. This is a great way to generate residual passive income. Websites will use blogging to attract customers with free value based content and then offer an upgrade or membership where the customer will reap added benefits. Remember, as always, lead with value first.
10. Email Marketing
Email marketing is potentially the most lucrative form of online marketing there is today. By growing your email list and populating it with raving customers you can repeatedly market high quality products to many well targeted high quality leads. Having a free newsletter on your blog website where people can sign up via email will put them on your email list where you can continue to provide value to them as well as market any product or service you want. You can set up autoresponders that work in tandem with your opt in box and when people submit their emails to your website they will receive a follow up email with your content. It is important to lead with value in this case and make sure you are offering 10x the value in FREE information to your customers so that you can build relationships and trust before trying to sell them.
How to Make Money Writing Blogs – In Closing
Your blog website is your very own internet real estate. Make it niche driven and specific. Always lead with value, and don't forget to syndicate and promote your posts! Remember that all good things take time, "A fence that goes up fast, comes down fast" Aim to build your blog website one solid brick at a time by creating high quality posts that are spilling over with value, and sooner or later you will be compensated most favourably. PS – If your interested in joining an online training program and community that can teach you everything you need to know regarding starting your own online business and earning income online, be sure to check out this link and submit your email for a FREE 7 Day Video Training Series!
Cheers to your success,
T.J. Zuvic – Entrepreneur, Online Marketer, Paramedic
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