Many budding bloggers are eager to make money from blogging before they’ve even learned how to blog. Sorry to break it to you, but that takes a long time and lot of efforts. Here are a few tips to help you earn through blogging.
The easiest and quickest way of earning money while blogging is through affiliate marketing. You must be using a lot of products of your liking or at least a few. You might also mention these products through the course of your blog. Affiliate marketing helps you earn commission while recommending products. So, whenever a reader clicks on one of your affiliate links and makes a purchase, you receive an amount. Pat Flynn, one amongst the world’s most successful bloggers, earns almost five figures a month with the help of affiliate marketing alone.
Sponsorships are similar to affiliate marketing in that you recommend certain products to your readers and make money for every purchase they make. The only difference here, though, is how you will be making the cash. In the case of affiliate marketing, you won’t make any money unless someone clicks on the affiliate links and makes a purchase. However, sponsorships need direct contact and negotiating with the company that you are an affiliate of. You will be paid a flat fee irrespective whether anyone makes a purchase or not. Moreover, you will earn higher revenue from sponsorships than from affiliate marketing. This can range from a few hundred to thousand dollars, depending on the promotion and your influence.
Create a Product Suitable for Your Niche
This may take more effort and time. However, the payoff may be more appealing. Ask yourself what kind of products you are referring to. This could be anything from a fishing blog to a gardening blog. Take some time out and introspect.
You must often hear that “a blog is not a business”. You must also know that putting too many eggs in one basket can cause damage. You could use just affiliate marketing and sponsorship deals alone to make a living. The very best way to create a sustainable business is to launch your product and use your blog to promote it and attract viable customers. One of the best ways you can do so is through an online course. Courses are extensions of your blog, helping you to expand on topics you’ve written endlessly. You could make around five to six figures easily with the help of this.
Your blog and courses ultimately serve one purpose, which is to teach. However, not all students have the patience to diligently go through them, which is where consultations come to the rescue. They enable you to have one on one discussions with members and help you make some bucks.
Deciding on which method to be used first can be a little complicated. However, understand that blogging for money can get tough – which is why you must be prepared to go through trial and error to help evaluate what works best for you.