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Oct 07

Blogging: How to Make Money Doing It

Reading Time: 3 mins

You can make money as a blogger in dozens of ways. For a beginner, the easiest way to earn money in blogging will either be through affiliate marketing or ads. We will explore this subject in greater depth and learn how you can get started with earning money in blogging. Many bloggers have made as much money as entrepreneurs in other fields, which shows you the raw potential in this industry. Even newspapers have begun to switch to a more online medium as print has steadily and slowly gone out of fashion. At the same time, online newspaper subscriptions have steadily risen by six percent each year.

 

Affiliate Marketing

Post an affiliate link on your blog article, and you can receive a number of clicks on it each day. Whenever someone buys a product after clicking on the link, you will earn a percentage of commission. One of the most trusted platforms on affiliate marketing is Amazon, and while they do have a high conversion rate, you should understand how they pay less in comparison to some of the other affiliates.

You may want to look around before arriving at a decision. With affiliate marketing, how much you earn will heavily depend on the amount of traffic that your blog receives. Hiring an SEO consultant can help you to rank higher in the search engines, which will drive organic traffic to your website. When you optimize site infrastructure, Google can rank your website higher to bring in more traffic. They can also pinpoint things that might annoy your customers and cause them not to want to click on your site links.

 

Putting on Ads

You can choose from several great advertising agencies for ads on your website. One of the first ones that you might start with is Ezoic because they have no pageview limits anymore on signups. Many people recommend Google AdSense, however Google pays very little in comparison to other ad agencies, and they have a requirement that you earn $100 before you can receive the payout. In the past, Google AdSense was all you had for the lower levels of traffic.

Ezoic is often a far better choice, and while they have a $20 payout minimum, you can reach it much faster because they pay better. Once you become a bigger blog, you might sign up with Mediavine or Adthrive. Multiple ad agencies exist, and you simply have to find one that works for you. Keep in mind, you must set up a blog with a true domain because the free blogs won’t let you put ads on them. Study ad placement before you get started to ensure that you will maximize your ad earnings. The biggest advantage of ads and affiliates is how it is a highly passive form of income. You could offer a physical product, but it doesn’t offer nearly the passivity.

 

Sell Digital Products

How well this works will depend on your niche, but digital products offer you an advantage in that you can earn 100 percent of the profit. Let’s say that you made sales with affiliates. The biggest problem with making sales from affiliates is how you will typically only earn a percentage. This depends on the affiliate program, but it ranges from five percent to 30 percent.

Some of the more lucrative affiliate programs will offer up to 50 percent. Digital products give you the entire thing, and it feels good to design a product that people love. Some of the digital products that people have sold include eBooks, courses, video tutorials and workshops. Selling digital products can help you make money online when your skills lie more in product management as opposed to content creation.

 

Sell Space on Your Newsletter

What you earn will vary, but it can range anywhere from $15 to $50 per CPM. For sponsored emails, you can earn anywhere from $100 to $250. Giving a weekly or monthly mention to a brand can bring you a fair amount of cash. Keep in mind, you will need to build your mailing list because how much you earn heavily depends on its size. Newsletters will also offer you the opportunity to place some affiliate links. You see some impressive exits from companies that built up a good-sized newsletter. DailyCandy, for example, sold for $125 million in an acquisition with Comcast.

 

Disclaimer: MoneyMagpie is not a licensed financial advisor and therefore information found here including opinions, commentary, suggestions or strategies are for informational, entertainment or educational purposes only. This should not be considered as financial advice. Anyone thinking of investing should conduct their own due diligence.

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