How can you make money with a blog
A few years back, blogging was just another hobby that some people did in addition to working full-time jobs. Today, blogging still functions in that way, but a lot has changed.
In 2022, blogging has become a profitable online profession and people at large start a blog to get into this noble profession.
How much money can you make money from blogging?
Just like any profession (Doctor, Lawyer, financial advising), there are different levels of blogging who are earning anywhere from $1000-$2 million a year.
There are various other factors like consistency, your network, personal motivation and goals also contribute a lot.
However, niche and your digital marketing skills alone can help you move really fast in the field of blogging.
You can browse other articles of ShoutMeLoud to learn more about mindset and motivation, but in this guide, we will purely focus on making money from the blog.
What are the ways bloggers make money
There are various methods that you can use to monetize your blog. Depending upon your level of blogging and the kind of blog, you could pick the method that matches your style. Do check the end of this article to get the answers to many important questions asked by bloggers like you.
Promote an affiliate product
Affiliate sales comprise a large chunk of revenue for most big-name bloggers. For instance, Pat Flynn made $53K last month from affiliate sales, compared to “just” $9,500 from book sales. In general, look for affiliate products with higher price points; web hosting companies are a great choice if it makes sense in your niche, with payouts of anywhere from $60-$130+ per signup.
Offer consulting services
There’s a need for consultants in nearly every niche. Charge by the hour for the phone, email or Skype advice you’re probably already giving away for free.
Offer coaching services
Similar to consulting, coaching is usually more a one-on-one service (while consulting is generally provided to organizations or teams). Put together a range of packages you can offer: hourly consults, DIY packages, or unlimited email advice packages.
Host sponsored contests or giveaways
Approach businesses in your niche and offer to host a giveaway or contest on your blog or on social media. This can increase awareness of their business among your followers; and when done right, can also generate a ton of lea.
Write an ebook
Have in-depth knowledge in your niche? Package it up into an ebook and sell it on your blog. I’d generally advise against selling it (at least exclusively) on Amazon or Kobo, as you’ll probably be able to charge much less. If you’ve already built up a solid audience, you can probably change anywhere from $5 for a very short one, all the way up to $39+.
Site sponsorship
Some advertisers aren’t content to just have a banner ad or sponsored post; they want the full meal deal. A site sponsorship is where an advertiser basically has full reign of your site (at least in terms of adverting exclusivity). This could mean they get banner ads, mentions in your pop-up, their logo in your blog banner, etc.
Sell templates
A good template can save your audience time and money. Templates can work in almost any niche: Business – new client contract template; Fitness – 30-day workout template; Health – 3 month clean eating template, etc.
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