Making money from a blog has become an increasingly more popular way to earn income online, and for good reasons.
But do bloggers make money? And if so how do bloggers make money?
There is no one single method of making money on a blog site. This is exactly why blogging has become so enticing for both individuals and businesses. One of the most common methods of making money with a blog is through ad space and having links to specific products or services on your website, known as affiliate marketing.
But how much does it cost to run a blog, is starting a blog to make money easy, and is it possible for you to begin making money with blogging?
Let’s find out.
Making Money From A Blog
There are plenty of things that you can implement to begin making money from a blog. And plenty of different types of blogs that make money. But you’ll need to learn how to monetize a blog based on your goal.
Here are just a few ways that your business website can start generating income,
- Consulting services
Consultants are needed for just about every niche. You can charge by the hour for phone, email, or Skype advice.
- Coaching services
Coaching is more of a one-on-one service that you can offer in a variety of niches. You can charge hourly consults or unlimited email advice packages.
- Host webinars
Webinars have become increasingly more popular because they are a great way to generate leads for just about any type of business. The goal is to provide exceptional value with free webinars and then offer something special that you’ll charge for at the end of the webinar.
- Teach an online course
Online courses are easy to set up with WordPress plugins such as LearnDash and Zippy Courses. Examples of online education sites include Udemy.
- Create a private community
Building a virtual community with your blog helps to generate a flood of targeted visitors to your blog. This builds trust and increases sales.
- Premium gated content
Premium content is content that you charge for on your website. The way this works is you give valuable information away, but charge a membership fee for access to more in-depth content that has much more value.
- Write tutorials
In-depth tutorials are one of the best ways to get links and social shares. But you can also earn money on your blog when you include affiliate links for the products, links to your products or services, or with a sponsored post.
How To Start A Blog And Make Money?
Starting a blog or adding a blog to your existing site is not only easy but it’s also extremely affordable. This means blogging on a budget is possible.
But before you create a blog, you choose how you’re going to make money from blogging. Will you do review blogs, make money through affiliate links or create content for SEO purposes to improve your search engine placement for your business?
Here are the steps to begin blogging for money,
Set Up the Blog
You have plenty of free blog options including WordPress and Blogger. You should choose a domain name, and hosting service as this will give you better control and give you a more professional image. You can then install WordPress or any content management system on your host. There are plenty of videos that can walk you through these steps and many hosting services have simplified this process.
Add Content
Once you have WordPress set up you’ll need to begin actively growing your business with content. You should develop a set schedule for writing and posting blog articles. If you plan on hiring a blogger to handle this for you you’ll need to first determine your budget as the cost to hire a blogger ranges dramatically.
Market
This is probably the most difficult aspect of blogging. You’ll need to create a marketing plan. Some great ways to get your posts out is through social media apps, emails, other bloggers, and more. It’s important that you are repurposing your blog content across all platforms.
Add Income Streams
If you are using your blog to complement an existing business, that doesn’t mean that you cannot make money from your blog. Your blog can add additional income streams to your home business. You’ll of course want to promote your companies’ products, but you can also add affiliate marketing into the mix. These would complement your products and services.
Types Of Blogs That Make Money
If you want to make money blogging you’ll need to figure out what markets are best for making money with a blog. Here are some of the top types of blogs to make money with,
- Finance Blog
- Fashion Blog
- Travel Blog
- Marketing Blog
- Health and Fitness Blog
- Mom Blog
- Food Blog
- Lifestyle Blog
- DIY Blog
- Pet Blog
Do Review Blogs Make Money?
Review blogs are probably one of the most profitable types of blogs to start. They are easy to create and provide endless reviews of products and begin earning a good income by piggybacking on other businesses’ success.
How To Make Money With A Blog For Beginners?
Review blogs or a performance blogging system reviews blog, Google AdSense, and Affiliate income are among the easiest ways to make money for beginners. They are easy to set up.
Google Adsense is probably the fastest way for a beginner to start earning passive income. With this method, you are simply displaying Google Ads on your website. When a visitor clicks on the ad you get a percentage of the ad cost.
Affiliate Income is easy to set up and you can find a ton of videos to start making money with affiliate marketing. What makes this so great is you don’t need to have your own products or services to make a large amount of money. You make a percentage of the sale by promoting other people’s products through commission.
How Much To Charge To Write A Blog Post?
The blog post cost can vary by word count or hourly cost for a blogger. However, blog payment rates range from $20 per 1000 words to $200 per 1000 words based on a variety of factors.
Cost To Hire A Blogger
Most experienced bloggers will get paid between 6 cents a word on the lower end, up to $3 a word on the higher end. You can find some bloggers that will charge a flat fee for every post.
How To Make A Successful Blog?
Choosing a blog in a niche that has an audience is the best place to begin your blogging efforts. Don’t rush this process. Once you find the right market you’ll need to obtain hosting, build your WordPress theme, and write compelling content that people will love to read so you can begin making the type of income you desire.
Don’t want to do this on your own, Abstrax Web can help you build your blog and fill it with content. Give us a call today!