Are you interested in learning how to make money blogging and how to start a blog? Read below to learn exactly how I built a $1,000,000 blog.
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I created Making Sense of Cents almost six years ago, and since then, I have earned over $1,500,000 with my blog and around $979,000 in just 2016 alone.
Blogging changed my life for the better and it allows me to earn thousands of dollars a month, all by doing something that I love.
The funny thing is that I created my blog on a whim after reading about a personal finance website in a magazine. At first, it was just a hobby to track my own personal finance progress. And, when I started in 2011, I honestly didn’t even know that people could make money blogging!
My interest in blogging quickly grew, but like I said it was all just a hobby. I wanted a space to write about my personal finance situation, have a support group, to keep track of how I was doing, and more.
A friend I met through the blogging community connected me with an advertiser, and I earned $100 from that advertisement deal.
That one deal sparked my interest in learning more about how to make money blogging and to take my blog more seriously.
I now earn a great living from my blog, and it all started on a whim and not even knowing that blogs could make money.
Blogging completely changed my life for the better, and I urge anyone who is interested learn to how start a blog as well.
Blogging has allowed me to take control of my finances and earn more money. It means I can work from home, travel whenever I want, have a flexible schedule, and more! It’s all because I learned how to make money blogging.
As I’ve said, I knew very little about blogging when I created Making Sense of Cents. I honestly didn’t even know that blogs existed, which shows how much I knew about them. Now, here I am over 5 years later, and I’m regularly earning $100,000 a month from my blog and loving the freedom it allows me!
So, today I’m sharing how I built a blog that earned me nearly $1,000,000 in just one year and my tips so that you can create a successful blog that you love as well.
How to make money blogging:
How I earned my first income from blogging.
As I stated earlier, I launched Making Sense of Cents in August of 2011 with no plan at all to make money blogging. Due to that, it took me a little bit longer to actually start making money, because I didn’t even know it was possible.
But, around six months after I started this blog, a blogger friend of mine connected me with an advertiser and I earned $100 from that advertisement.
It wasn’t a lot of money, definitely considering the amount of time and work I put towards my blog. However, it was very motivating to see that something I absolutely loved to do could actually make money. Remember, I had no idea that blogs could even make money when I started mine!
After that first $100, the income I earned from blogging quickly grew from there.
By the summer of 2012, just one year after I started my blog, I was earning around $1,000 a month, and I was making around $10,000 monthly by the following summer.
My income only continued to grow from there. In 2015, I earned over $320,000 from Making Sense of Cents, and I earned $979,000 in 2016.
If you want to create a blog that earns you an income, you’ll want to follow my tips below.
You’ll need a blogging plan.
If you want to start a blog and learn how to make money blogging, I recommend that you first create a plan. I created my first real blogging plan in 2015, and my income has grown crazy fast since then.
I wish I would have had a plan when I first started my blog. I put a lot of things off, and I probably missed some opportunities to earn money because I had no real plan in those first few years. Since creating a blogging plan I have been able to become more focused on goals and be more motivated towards continually improving.
To create a plan, here are just a few of the many questions you’ll want to ask yourself:
- What will your blog be about?
- How will you make money from your blog?
- How do you plan to grow your blog and reach more and more readers?
- What goals are you working towards?
Creating a plan allows you to lay everything out in front of you. This way, you’ll know what you’re working towards and know what to do next.
Start your blog on the side.
For the most part, you’ll want to start your blog on the side of what you already do. That’s exactly what I did.
By starting your blog on the side, you’ll be able to see if you enjoy it, what type of income you need in order to make it a full-time job, and so on.
Blogging can be stressful, you just never know what may happen, what algorithms will change things, and so on. Starting my blog on the side allowed me to have more fun with it and take my time because I had my day job’s income to rely on.
Create high-quality content.
If you want to create a successful blog, you will need to publish high quality content. This will help you increase your traffic and earn more money.
No, you don’t need to be an expert on a subject nor do you have to have a degree, but you do need to be knowledgeable or interested in what you are talking about. This will show in your writing and actually help your readers.
High quality content will help you grow a loyal readership that will keep coming back.
To create high-quality content on your blog, you will need to:
- Dig deep and figure out exactly what it is that you’d like to write about. Being passionate about a subject will give you motivation to write content that people will want to read. Just think about it: If you don’t enjoy writing your content, then why should you expect someone else to want to read it?
- Survey your audience and determine what they want you to write about. Many of my best ideas come from reader questions!
- Complete any research that is needed by reading news articles, going to a library, digging for statistics, and more.
- Write long content. Sure, some great content may only be a few hundred words, but to be as helpful as possible, long content is usually the best. My blog posts tend to be over 2,000 words, and this blog post is over 4,000.
- Reread your content. I used to read my content 10 times or more before I would publish it. Now, I have an editor who makes sure that my content is high quality.
Be passionate about your blog.
Blogging is a ton of fun, and I believe the best blogs are written by those that love to write and love everything that goes into blogging.
There are a lot of tasks and responsibilities that go into running a high quality blog, which means it’s easy to spend 100 hours a week working on it. This is why being passionate about what you are doing is so important.
There are always new things to learn, posts to write, things to research, networking opportunities, finding more ways to make money blogging, and more to do. So, enjoying what you do will make everything much better and even easier.
I have been passionate about Making Sense of Cents from the beginning. I enjoy helping my readers improve their finances and reach financial freedom, I love talking about finance, and really I just love everything that goes into blogging.
This passion and motivation means that I look forward to every single day that I work, which keeps me from feeling tired or stressed after spending hours and hours working on my blog.
Network with others.
Networking is very important if you want to create a successful blog. Bloggers should be open to making blogging friends, attending blog conferences, sharing other’s content with their readers, and more.
However, I believe that many bloggers skip this area, which holds many of them back. Many bloggers see other bloggers as competition, and this is a bad thought for a blogger to have.
Networking can help you enjoy blogging more, learn new things about blogging, learn how to make money blogging, make great connections, and more. If you want to make money blogging like I have done, then you will want to network with others! After all, networking is how I earned my first $100.
I’ve learned everything I know about blogging from the blogging community, namely other bloggers and conferences, so it would have been very hard to become successful without networking.
Be ready to put a lot of hard work towards your blog.
Blogging isn’t easy. If it were, then everyone would be doing it.
It takes a lot of hard work if you want to have a successful blog.
You’ll have to:
- Create a blog.
- Publish high-quality content.
- Learn how to promote your blog.
- Understand how to make money blogging.
- Master all of the different social media platforms.
- Continue learning about blogging.
- And much, much more.
Even when I was just a new blogger, I was still devoting over 10 hours a week to Making Sense of Cents, and that was without even knowing I could make money blogging.
When I was working my full-time day job and earning an income from my blog, I was working around 40-50 hours a week on my blog on top of my day job!
Now that I blog full-time, my hours vary. Some months I hardly work, and there are other months that I may work 100 hours a week.
It’s not easy, and there’s always something that needs to be done.
Luckily, I absolutely love blogging, which makes the hard work a little less tough.
Learn how to make money blogging and diversify.
There are many ways to make money blogging. For me, I like to be as diversified as possible and monetize in many different ways, so I’m constantly learning how to make money blogging.
Being diversified is great because you’re not reliant on one form of income.
This can be extremely helpful as it protects you and your business if one form of your blogging income completely fails. By being diversified, you won’t have to be as worried about that happening. And, trust me, you will occasionally have bad income months, so it is best to be as diversified as possible.
Here are diverse ways to make money blogging:
Affiliate marketing is a blog monetization method in which you place a link to a product or company on your website or a social media platform in an attempt to make an income from followers purchasing the product through your link (this is called an affiliate link). Affiliate marketing can be a great way to make money blogging because if there is a product or company that you enjoy, all you have to do is review the product and hopefully others will be interested in buying it as well.
Affiliate marketing is my absolute favorite way to make money blogging. I love it because it can feel quite passive. You can create just one blog or social media post, which can potentially still earn you money years down the line. Now, you will have to maintain the post and keep generating traffic to it. Still, with affiliate marketing, I can relax a little and enjoy life more, all while knowing that I am earning a great living promoting products that I use and enjoy.
I regularly earn around $50,000 a month through affiliate marketing, and it’s all done fairly passively through blog posts and email sequences. For the most part, all the work is done and the traffic that is generated to my email list and blog posts passively converts people into buyers with minimal work required from me.
If you want to learn how to make money blogging through affiliate marketing, read the tips below:
- Use the Pretty Link plugin to clean up long affiliate links. I use this for all of my affiliate links, because something like “makingsenseofcents.com/bluehost” looks much better than the long links that affiliate programs usually provide.
- Provide real reviews. You should always be honest with your reviews. If there is something you don’t like about a product, either don’t review the product at all or mention the negatives in your review.
- Ask for raises. If you are doing well with a particular affiliate program, ask for a raise. The worst thing that can happen is that your affiliate manager says no. The best is that they say yes!
- Form a good relationship with your affiliate manager. Your affiliate manager can supply your readers with valuable coupons, affiliate raises, and more.
- Publish tutorials. Readers want to know how they can use a product. Showing them how to use it, how it can benefit them, and more are all very helpful.
- Have a recommendations page. I always like checking out a blog’s recommendations page. It can be a great way to list valuable products and services that readers may need or want. Here’s mine as an example.
- Don’t go overboard. There is no need to include an affiliate link 1,000 times in a blog post. Include them at the beginning, middle, and end, and readers will notice it.
You can learn more about affiliate marketing strategies in my course Making Sense of Affiliate Marketing.
Advertisements, partnerships, and sponsorships
Advertising on a blog is one of the first ways the average blogger begins to make money blogging. In fact, it’s exactly how I started!
This form of blogging income is when you partner with a company and advertise their brand on your blog or social media accounts.
From this form of blogging income, I earn around $15,000 to $20,000 a month. And, this is all from companies finding me and approaching me directly.
Display advertising is another popular way to make money blogging.
Display advertising is a passive form of blog income, as you just place advertisements (usually through an advertisement network) on your blog’s sidebar, below a blog post, or somewhere else. The income increases or decreases almost entirely based on your page views, and once you place the advertisement, there’s no direct work to be done.
Personally, I use AdThrive for my display advertising network. I don’t have many display advertisements on my blog, but I regularly earn around $1,500 to $3,000 a month from this.
Create your own product
To really be in control of how you make money blogging, you’ll eventually want to create a product to sell to your audience. There are many products you can create and sell on your website, such as an ebook, course, etc.
I launched my first for-sale product last summer, which was a blogging course called Making Sense of Affiliate Marketing. I make around $20,000 to $50,000 a month from this course, and because I have already created and finished the course, it’s a nice form of somewhat passive income.
Plus, I have helped many, many people improve their affiliate marketing income as well, which is such a great feeling!
Have an email list
To make money blogging, you’ll want to create an email list starting on day 1.
My biggest blogging mistake is that I waited until about two years ago to start an email list, and I waited even longer to take it seriously.
I really can’t believe I waited so long!
And, it wasn’t until just a few months ago, when I switched to Convertkit, that I got serious about using that list. I didn’t really use my email list because I didn’t understand newsletters or how an email list could help me.
Wow, that was a huge mistake, and I’m happy that I have learned from it.
So you don’t make the same mistake I did, I recommend that all bloggers spend time growing their email list, and here’s why:
- Your newsletter is all yours. Unlike social media sites, your newsletter and email subscribers are all yours, and you have their undivided attention. You don’t have to worry about algorithms not displaying your content to readers, and this is because they are your email subscribers. You aren’t fighting with anyone else to have them see your content.
- The money is in your list. I believe that email newsletters are the best way to promote an affiliate product. Your email subscribers signed up to hear what YOU have to write about, so you clearly have their full attention. Your email list, over any other promotional strategy, will almost always lead to more income and sales.
- Your email subscribers are loyal followers. If someone is allowing you to show up in their inbox whenever you want, then they probably trust what you have to say and enjoy listening to you. This is a great way to grow an audience and a loyal one at that.
- Email is a great way to deliver other forms of content. With Convertkit, I am also able to easily create free email courses that are automatically sent to my subscribers. Once a reader signs up, Convertkit sends out all the information they need in whatever time frame I choose to deliver the content.
Grow your following.
As a blogger, you’ll want to find ways to improve your traffic.
No, you don’t need millions and millions of page views to earn a good living from blogging. In fact, I know some bloggers who receive 1,000,000 page views yet make less money than those with 100,000 monthly page views.
Every website is different, but once you learn what your audience wants, you can start to really make money blogging, regardless of how many page views you receive.
Having a successful blog is all about having a loyal audience and helping them.
Even with all of that being said, to make money blogging, it doesn’t hurt to improve your traffic. The more loyal and engaged followers you have, the more money you may be able to make through your blog.
There are many different ways to increase the number of page views you receive on your blog.
Here are my tips:
- Publish high-quality blog posts – Your blog posts should always be high-quality and helpful, and it means readers will want to come back for more.
- Be active on Pinterest – Pinterest is one of my top traffic sources. I recommend creating great images, making sure the description and title of your images are catchy, pinning regularly, and only pinning long images. In case you are wondering, I use Picmonkey to edit all of my images and Tailwind to schedule them.
- Find other social media sites to be active on – Besides Pinterest, there are several other social networking sites to use, including Facebook, Twitter, StumbleUpon, Periscope, Instagram, Snapchat, Youtube, and others.
- Post regularly – For most blogs, you should publish something at least once a week. Readers may forget about you if you go for weeks or months at a time without a blog post.
- Network with other bloggers – Too many bloggers see other bloggers as competition. However, you should see them as friends and colleagues. This means interacting with them on social media, reaching out via email, attending conferences, and more. Of course, be genuine with it all, and give more than you take.
- Guest post – Guest posting is a great way to reach a new audience, as it can bring new readers to your blog who will potentially subscribe to it.
- Make sure it’s easy to share your content – I love sharing posts on social media. However, it gets frustrating when some blogs make it more difficult than it needs to be. You should always make sure it’s easy for readers to share your content, which means your social media icons should be easy to find, all of the info input and ready for sharing (title, link, and your username), and so on. Also, you should make sure that when someone clicks on one of your sharing icons the title isn’t in CAPS (I’ve seen this too many times!). No one wants to share a blog post that sounds like you’re screaming at them.
- Create catchy headlines – The title of your post can either bring readers to you or deter them from clicking over.
- Learn SEO – SEO (search engine optimization) is not something I can teach in this small section. But, to learn SEO, I recommend taking the same course I did, Accelerate Your Blog.
- Make it easy for readers to browse – If you want more page views, you should make it as easy as possible for readers to read your other blog posts. It should be easy for readers to find your blog homepage, categories, tags, search bar, and so on. Also, I recommend including links in every single one of your blog posts, which helps readers easily find related topics.
As you can see, it takes to build a successful blog. And, I still find it funny that when I first started my blog, I had no idea I could earn a living from it.
Starting Making Sense of Cents almost six years ago and learning how to make money blogging has completely changed my life for the better.
Source : MakingSenseofCents