Can you really make money blogging and turning your personal passions, knowledge, or experience into a real income on the internet?
Close to a decade after the Wall Street meltdown, people are still finding it tough to recover past losses and make ends meet. Fewer and fewer of us can count on steady, lifelong employment, and for those who are so fortunate, the salary and benefits (if any) are barely enough to meet our basic needs.
Second job, anyone? In America, two-income families are the norm, but think of the havoc it wrecks on your daily life. You’re so exhausted by the time you get home from work, you barely have enough time and energy to make dinner and help the kids out with their homework. Even that becomes difficult if you work at more than one place, whether evenings or on weekends.
It’s no surprise that more and more people are looking for information on how to start an online business to generate extra income (or even full-time income) on the internet.
The Internet has made blogging mainstream, to the point where there may be over half a billion blogs online as you read this article. While income generation is not the only reason (or even the best reason) to blog, opportunities do exist for people to create supplemental income with a blog.
If you are new to blogging or have just recently started a blog, congratulations!
I hope your main motivation is to provide valuable content for your readers because that’s how you will establish expert status in your niche in the long-term.
However, there is nothing wrong with making some extra money through blogging and several simple methods exist for getting the ball rolling.
It should go without saying that in order to make money with a blog it’s best to start off by choosing a profitable niche market; something where there is a proven marketplace that intersects with your own passions, interests, and expertise.
Once you’ve done that, it’s just a matter of getting website traffic, building your email subscriber list, and making money online via any of these proven methods outlined below.
1. Google Adsense
Google Adsense might be the fastest and easiest way for a beginner to start earning passive income with a blog. The basic ideas behind Adsense is that you can display Google Ads on your website and when a visitor clicks on those ads you get a percentage of the ad costs.
Adsense is a contextual advertising network that places partner (business) ads on your website. It’s easy to set up—all you have to do is copy and paste some code given to you from Google in the places you’d like the ads to appear on your website. Google will then show ads from advertisers that are a match to the content on your website so that ideally your website visitors are seeing relevant ads.
Don’t worry that your blog niche won’t be able to draw quality ads to your site. Google Adsense is one of the biggest networks on the Web, so you should get a healthy enough list of clickable sites to attract your readership.
Just make sure your content is of the highest quality!
Though Adsense is a popular option, I think that affiliate information marketing is also an excellent way to make virtually passive income online.
2. Amazon Associates
Amazon Associates is the long established in-house affiliate program run by Seattle-based Amazon.com—the biggest online retailer in the world today. It offers bloggers the chance to earn commissions by advertising Amazon products on your website—provided visitors click-through from your blog to Amazon.com and make a purchase.
The basic idea with Amazon Associates is that you can get a tracking link that is unique to you that links to any product sold on Amazon.com. If someone clicks on the link on your blog and goes back to Amazon and purchases the item, you are credited with the sale.
There are many ways you can promote Amazon products on your website. You could include a product catalog (pulled from Amazon.com) on your blog, you can write product reviews and link to the products you recommend on Amazon, and you can have a recommended resources page on your website; just to name a few.
The one caveat about Associates is that it probably suits bloggers who write about merchandising, retail products and shopping a fair bit. Logically, it will help your performance if visitors arrive at your website already predisposed to buying.
The program works by getting Amazon links, banners, or widgets (e.g. slideshows, ‘My Favorites’, ‘Wish List Widget’) onto your pages.
One added benefit is that if someone clicks on a link from your website to Amazon and ends up buying multiple items (not just the item you are promoting) then you would get credit for the entire sale!
Another way to make money with Amazon is by publishing digital books on Amazon Kindle.
3. Affiliate Marketing for Digital Products
As I mentioned above, on of my favorite ways to make money on the internet is by promoting digital information products as an affiliate.
Just like Amazon.com is a marketplace of physical good sold on the internet; there are also marketplaces of digital products sold on the internet as well.
One of the most popular digital product marketplaces is Clickbank.com. You can search the Clickbank marketplace for product related to your marketplace and promote them on your website, write product reviews, etc.
Just like with Amazon, if someone clicks on the link and goes back and buys the product you are promoting, you would get a commission for a percentage of the sale.
One attractive feature of promoting digital information products is that the commissions tend to be higher than that of physical products; ranging anywhere from 10% to 50% or even higher.
4. Create E-books and Information Products
Regular blogging is the ideal training ground for creating e-books, still one of the most popular forms of information products being sold by online entrepreneurs today.
Consider your blogs as “free” information that you offer to readers to demonstrate your expertise. With time, they become your fans and are ready for more in-depth material. This is your opportunity to make money—by presenting your e-books for sale alongside your free blog.
Just make sure that the e-book builds on your blog output—don’t simply rehash what they have already seen! After all, these people are now paying customers and will get upset with old information. Later on, as you become more established and your archived material becomes more extensive, poll your readers to see what topics they’d be interested in learning more about and potentially what topics of e-books they’d be interested in purchasing.
Notice that I avoided putting a specific dollar figure on the amount you can make from blogging. It will come down to your work ethic, your skills as a writer, your ability to generate targeted traffic, and plain old good luck. It’s a bit like baseball: everyone played it as a kid, only a small fraction make it to college ball, an even smaller number become professional, but only the cream of the crop makes it to the majors.
You have to decide where in the blogging “big leagues” you want to end up.
The reality is that as more and more people from all over the world come online, the harder it will become to get attention online and generate income. That’s why it’s so important to focus on building your email list, so you can follow up with your visitors, build a relationship and increase sales.
That being said, there are countless success stories out there, and the formula for success is surprisingly simple. It’s just up to you to get it done!
Source : TheBalance