HOW TO MAKE MONEY BLOGGING

HOW TO MAKE MONEY BLOGGING Updated February 17, 2017 If you’ve ever wondered how to make money blogging, you’ve come to the right place. As a 13-year veteran blogger making six figures a year, I’ll explain how bloggers make money. By choice, I work part time and I don’t have a team (well, unless you count my teenage daughter who does a few data entry-type tasks on the weekends). In other words, you don’t have to be a big blogger who built an impressive company to make money blogging. How to make money blogging This post contains affiliate links, meaning, at no additional cost to you, if you click through an affiliate link and make a purchase, I may make a small commission. Basic steps to make money blogging Necessary steps to make money blogging Whether you are a beginner or have been blogging a while, here are the basic steps for making money with a blog: Start a blog Create useful content Build relationships with others on social media and around the web Establish a strong platform Choose your income streams Now let’s cover each of those steps in more depth. 1. Start a blog Clearly, if you want to make money blogging, you must have a blog. If you don’t already have one, no worries. Here are easy instructions explaining how to get your blog up and running. Can I start a blog for free and make money? This is a common question and the answer is yes. However, I would caution you against it. The reason is, when you use a free service, you don’t have full control over your blog—the free service you are using does. This can be risky, especially if you will rely on your blog for income. A self-hosted WordPress blog is my recommendation and can be started for as little as $5-$10 a month. Related: How to Start a Blog (includes step-by-step instructions for setting up a self-hosted WordPress blog) 2. Create useful content Once you have a blog, write useful content. Draw from your expertise & experience. Write informative posts and articles about your chosen topic. Make your content excellent. What should I blog about? If you’re stumped, here are ideas for posts readers will respond to: Solve a problem Relieve a fear Teach something new Explain how to reach a goal Entertain In order to make money, you must have blog visitors. But in order to have blog visitors, you must have content worthy of a visit. Related: How to Decide What to Write About 3. Build relationships with others on social media and around the web At the same time you are creating valuable content, start building genuine and sincere relationships with others on social media and around the web. Which social media sites should I use? With so many social media sites, it’s hard to know where to start. As I explain in this post, my advice is to think about where your target audience hangs out on social media and start there. Is your blog for moms of preschoolers? Facebook and Pinterest might be best. Is your blog for business executives? LinkedIn and Twitter are probably safe bets. Other than being active on social media, here are more ideas: participate in Facebook Groups, comment on other blogs or join forums. Find or start a mastermind group. Reach out to people in your niche by tweeting them. Find people who could use the information you provide. Get to know them, interact, be friendly and helpful by offering no-strings-attached tidbits of your expertise. Word about you spreads best through people who know, like & trust you. Related: How to Determine the Best Social Media Sites for You (Plus More Tips) 4. Establish a strong platform Keep growing in the knowledge of your craft so the content you produce gets increasingly deep and valuable. Use your blog to get exposure, build authority, gain trust and be helpful. In addition, use this time to think about the type of reputation you want to build. How do you want others to see you? How do you want them to experience your site? What do you want to be known for? This is all part of your branding. Related: 13 Branding Tips Plus My Top Piece of Advice 5. Choose your income streams Once you’ve started your blog, created some excellent content, built some relationships and given thought to your branding and reputation, start thinking about ways to generate blogging income. There are many ways you can do this. In the rest of the post, I will outline 5 main types of income along with many specific ideas for each. 5 Ways to Make Money Blogging Cheat Sheet 5 Ways to make Money blogging cheat sheet thumbnailThis post is thorough so I’ve put together a cheat sheet for quick reference. It’s free to Useletter subscribers (the Useletter® is my weekly email packed with extra, up-to-date tips about social media, blogging, making money online, etc.) Want the cheat sheet? Sign up for the Useletter® below, confirm your subscription in the email I send, and the cheat sheet will arrive in your inbox momentarily: Email * Are you a robot? * No YES, SEND ME THE CHEAT SHEET! Things you should know about making money blogging Much of the money bloggers make doesn’t come from blogging directly. A blog is a platform or online home base. After proving their trustworthiness, bloggers use their blogs as springboards to launch other products & services that bring in income. Examples are ebooks, books, speaking gigs, products, ecourses, etc. If you want to make money blogging, it takes time, creativity and hustle—a lot of all three—but it’s absolutely doable. Each blogger has a different combination of income streams. There is no “right” way and that’s the beauty of it. There are endless possibilities. Find a combination that works for you or make up your own. Income streams ebb and flow, so successful bloggers are constantly exploring new ways to make money. The key to making good money as a blogger is to have multiple streams of income. Even small trickles of money coming from various sources over time can add up. The best way to start monetizing is to let it happen organically. Hopefully you are blogging about something you enjoy. As you grow, monetize (make money) in ways that would most suit you and your audience. For example, blogging about knitting? Sell knitting patterns. Blogging about fly fishing? Sell your services as a fly fishing guide. Blogging about being a preschool teacher? Sell preschool curriculum. Related: 12 Things to Do Before Making Money Online (the practical nuts, bolts & legalities of making money online) Streams of income used by bloggers Following is a list of income streams bloggers adopt, broken down into five main categories: Advertising Affiliate Marketing Digital Products Physical Products Services How to make money blogging: advertising Unlike many of the other categories, advertising is all about generating income directly from your blog, website or other digital asset(s). Display Ads Display ads are graphics or images similar to billboards or ads in a magazine. Typically they are positioned on your site in the sidebar, header, footer or within your content. Sometimes they are referred to as banner ads. Ads on your site are meant to complement your blog’s content, making them attractive and relevant to visitors. Advertisers hope that your visitors will then click on those images to explore and purchase the products or services they offer. Display ads are often provided through ad networks. Ad networks are companies that connect advertisers with publishers (bloggers). Ad networks act as a middle man between advertisers and publishers, negotiating partnership details between the two. The ad network takes a cut from the partnership profit. Ad networks are attractive to many bloggers because they take the hassle out of display advertising. Some ad networks, like Google AdSense, are relatively easy to get into and are easy to set up. Other ad networks though, are selective in who they accept. Examples of ad networks are Google AdSense, Blogads, BlogHer, Beacon Ads, Federated Media, Sovrn, (formerly Lijit), Media.net, Rivit and Sway. There are many more, so once you get involved in your niche’s community of bloggers, you’ll soon hear of others. Can you really make money with Google AdSense? This is a very popular question, and a good one. Google AdSense is probably the most popular ad network. No doubt you have seen Google AdSense ads as you have surfed the web. Adsense ads come in various shapes and forms. Sometimes they are images and sometimes they are text. They show up in sidebars, headers, footers, within posts and anywhere else website owners choose to display them. Adsense is a good place for beginning bloggers to start if they want to pursue display ads because it’s so easy to set up. However, if you want to make really good money with Google AdSense, you either have to be in a unique niche in which advertisers will pay a lot of money for clicks on their ads (hard to find), or you have to have a lot of traffic (hard to get, especially for beginners). For these reasons, I don’t recommend AdSense (or display advertising in general) as the main pursuit for new bloggers. Tips: To apply for Google AdSense or other ad networks, contact the ad network via their website (choose one from above). If you want to get an idea of pricing and traffic for popular blogs, sites like Beacon Ads and Federated Media are places you can do that. If you’re using CPC/PPC ads (cost per click/pay per click), check out Google’s recommendations for best ad placement on your site. It’s important that your content doesn’t get drowned out by ads. Google has indicated sites with too many ads above the fold may be penalized in search. If you’re not sure what above the fold is on your site, use this tool. As always, experiment. Experiment with ad placement to get the right combination on your site. Further reading: Jason from ProBlogSchool explains ad networks in great detail in his post Ads 102: How to Make Money Using Ad Networks. Private Ads Private ads are similar to display ads in that they also come in the form of buttons or graphics and usually appear in the sidebars of blogs. They are unique in that there is no middle man (ad network) to negotiate the partnership. Partnerships are arranged directly between a blogger and an individual, small business or company. Initial contact can be made by the blogger or by the advertiser. Be clear on what’s expected by both parties. Not sure what to charge? Look around to see what others in your niche charge. You can often find this information on a blog’s advertising page or media kit. Don’t just throw up an advertising page and expect advertisers to come calling. Go to them. Not sure how to do that? Find other blogs like yours that are your size or slightly larger. See who is advertising on their site. Contact those companies and ask if they’d like to advertise on your site too. Create a pitch and make it a win-win. Check out iHeartOrganizing‘s advertising page as an example. Tip for private ads on your blog: If you have ads in your sidebar, keep them full. Instead of displaying a blank box with “Advertise here” fill it with an affiliate graphic (see Affiliate Marketing below for more). Crystal Paine puts it well when she says, “[Blank ad spots] scream, ‘My advertising space isn’t valuable enough for people to want to buy so I instead have this big blank box!'” Giveaways & Reviews If you’ve read blogs for any length of time, you’ve surely seen a review or giveaway and maybe participated yourself. A company supplies a product to a blogger to be reviewed and/or given away to readers. A word about giveaways… I list giveaways here because some bloggers charge to run giveaways in addition to the expected free product to keep for themselves. There are varying opinions about whether or not one should be compensated for giveaways. As I see it, it largely depends on whether the product is for marketing purposes or for advertising purposes. Companies use marketing to spread the word about their product or service. With advertising, a company makes a deal with another party to help them spread the word. Companies expect to pay for advertising. For example, a company may market their product by handing out free t-shirts. Because you like the t-shirt, you take it and wear it. You obviously wouldn’t charge the company when you wore their t-shirt. But I think a giveaway on a blog would often fall in the category of advertising. Yes, the company you’re working with may give you a product to use (indeed, they should!). However, they are also asking you to provide a service to them. After all, you are spending your valuable time fielding their emails, writing a post (or posts), following up with giveaway entrants, etc. If there is nothing else you’re getting from the partnership except for the free product, this service should be compensated in my opinion. Further reading: Amy from Mom Advice wrote a post about reviews a few years back that still offers good tips. Tips for reviews & giveaways: Products you receive for free need to be reported as income on your taxes so keep excellent records and make sure the products you are accepting for review are really ones you want to pay taxes on later. Don’t be afraid to negotiate. This is your blog. No need to just take what you’re offered on the first round. Make it a win-win for both. If you don’t want to do a review for a company, ask the company if they’d like to buy ad space instead. Mention that they’ll still get a spot in front of your readers. Newsletter/Podcast Sponsorships If you have an email newsletter or podcast, you can accept advertising just as you would on your blog. You can reach out to potential advertisers, tell them how they would benefit from advertising with you and pitch your idea. Further reading: Podcast Launch: A complete guide to launching your Podcast with 15 Video Tutorials by John Lee Dumas. Dumas is just a regular guy who consistently makes 6 figures per month from his podcast. Not only does he show you how to launch a podcast, but he covers making money from your podcast as well. Sponsored Posts Writing a sponsored post means you work with a company and write a post about their product or service. Be upfront and disclose your relationship to your readers. Keep sponsored posts to a minimum so you don’t turn off readers. If you read blogs, you’ve probably seen sponsored posts. They can be spotted by the disclosure stating something like, “This post was sponsored by [company] but all opinions are mine.” Find examples of sponsored post details and rates on Life Your Way. Underwritten Posts or Series Underwritten posts differ from sponsored posts in that the post topic is about whatever you want it to be (as opposed to the company’s product/service), but an advertiser pays to get a “Brought to you by…” type note in the post. Anticipate the posts you think will get a lot of response, and pitch companies with an underwritten spot. An example of an underwritten series is this Christmas Gift Guide at MoneySavingMom.com. Listen to what others have to say There are bloggers who have been quite successful with advertising and who’ve shared what they’ve learned. Check out Elite Blog Academy (enrollment opens once or twice a year but you can sign up at the bottom of the homepage to be notified). This course deals with getting more traffic and therefore increasing your advertising revenue. Read my full review of this course here. Another resource is How to Monetize Your Food Blog. This ebook is about ad networks, advertising and how to set up an ad waterfall so you get the most out of your ad spots. (It also briefly covers some of the other monetization methods listed below.) The Niche Site Duel deals with finding the niches in which advertisers pay high rates. Advertising takeaways Advertising pros Many are easy to set up and maintain. They can be used as a way to get readers used to ads on your site before you gain higher-earning advertisers. In other words, it can eliminate “ad shock” down the road. Advertising is indeed lucrative for select bloggers. Advertising cons Mobile access, popup ad blockers and streamlined browser readers often remove ads from websites, rendering them far less effective. Good advertising revenue depends on very high traffic or a niche with high-paying keywords (hard to find these days). Advertising rates have declined over the last few years. Ads often make a site look spammy and cluttered. Ads often make a user click away from your blog. For a few cents, is it worth it? You have to decide. Many readers have developed ad blindness. Many bloggers have been banned by Google’s Adsense program for no apparent reason. It’s unpredictable. While it is possible to block certain URLs from showing up in your Adsense ads, sometimes bad ones sneak through. This can be detrimental to your brand and platform. My advertising advice Be patient. Wait for the right partnership that won’t make you compromise. Make sure your advertisers are in line with your values. Don’t do text links. They are often spammy and looked down upon by Google. Unless you are an established blogger for whom advertising is already working, this is the income stream I would pursue last. The traffic requirement and low ad rates means your time will be better spent elsewhere. How to make money blogging: affiliate marketing As an affiliate marketer, you promote someone else’s product or service in a post or elsewhere. You link to that product or service using your unique affiliate link. When, someone clicks through that link and makes a purchase (or completes a desired action set by the company), you earn a commission. I wrote about affiliate marketing at length in What is Affiliate Marketing? and My Top Affiliate Marketing Tips, so I won’t rehash the details here. How to make money blogging: digital products Audio/Video You can sell music or video that others can use as intros or outros. Try Audio Jungle. Apps, Plugins or Themes If you have a knack for code-writing and can write your own themes or plugins, you can sell them at a place like Creative Market. Also, many plugin authors offer their plugins for free but ask for donations. Domains Do you have a domain collecting problem? Did you know you could sell them for profit? Try a site like Sedo. Ecourses/Webinars/Online Workshops You could do all sorts of things with this type of digital product. You wouldn’t have to go big the first time around. Test the waters by holding a small, local event first. Grow bigger as you learn the ropes and figure out what works and what doesn’t. Simply pick something you’re good at that other people want to know and teach it! Do it once or twice to refine your presentation and then start charging a small fee to those who want to take your class. Check out how LeadPages uses webinars to sell their product in this free 10-part video series. Ebooks Many, many bloggers have written ebooks. I’ve made a healthy chunk selling my own ebook Tell Your Time the last few years. (Here’s why I turned down a traditional book deal in favor of self-publishing.) I don’t think ebooks sold on blogs (generally) make the same kind of money they did a few years ago, but for some, with very compelling topics and a decent group of supporters who help promote, it can be a good option. On the other hand, there are many authors making a lot of money selling ebooks on Amazon. The key, they say, is to write multiple books, not just one. If you want to write your own ebook, check out my series How to Write an Ebook. One benefit of having an ebook is the ability to participate in ebook bundles which can generate quite a bit of income. Again, it’s about relationships and pooling your resources. See how Stephanie and Erin do it at Ultimate Bundles. Related: How to Make Money as an Ultimate Bundle Affiliate. Premium Content & Membership Communities Insider spaces, one-on-one interaction, VIP rooms. Premium content is just what it sounds like—content that others must pay to access. This isn’t a new concept, but I do think it will become more and more common. There is free information all over the internet, so in order for this to work, you would have to offer something truly unique—some sort of “insider information,” special access to individuals whose expertise is highly sought after, products or services that go above and beyond the norm, such or special treatment such as one-on-one interaction and coaching. I’ve experimented with premium content when I created my Useletter Archives (now closed). I now sell my Knowtbook, the answer to the question, “Hey Amy, can I pick your brain?” Another example of a premium content site is Food Blogger Pro. Bjork started this site after being asked by food bloggers how he and his wife Lindsay built their hugely popular food blog, Pinch of Yum. Photos Are you a photographer? Illustrator? Why not sell your photos on a site like Foap or Creative Market? Selling Blogs & Websites Many bloggers have sold their blogs or websites for 4-, 5-, 6- and even 7-figure sums. There is also something called flipping websites where you obtain a small blog or website, grow it and then sell it for profit later. If you want to flip a site, check out Flippa. And if you want to read about those who have sold their blog, you can read this. Make money blogging by selling physical products Books For many bloggers, their blogs have helped them sell books, both self and traditionally published. I’ve heard over and over again that traditional publishers will not typically consider your manuscript if you don’t have a blog first. And if you’re a self-published author or a hybrid author (that is, you have both self-published and traditionally-published books), a blog is a great way to sell books. Conferences, Classes or Special Events I consider hosting an event like a conference a “physical” product since it involves an exchange of something tangible (in this case, money for a ticket to an experience) and happens in real life (as opposed to an online class). You can also do bigger events like day-long seminars or workshops or even multi-day conferences. Do not underestimate the work that would go into pulling off one of these events successfully. It’s a huge undertaking, but if you have a background in event planning or are extremely motivated, organized and are good at networking and making connections with companies (sponsors) etc., this might be for you. In your niche or area of interest, it’s likely there are large, established conferences already. So, try narrowing down your conference topic in order to target a more specific group. If you’re going to put on a large-scale event, be very clear and very specific in your goals and make sure there’s a strong desire for the information you can provide. And then do it with excellence. The way you would make money, of course, is to charge a fee to attend and/or partner with sponsors to cover your costs (and your salary). Handmade Products Are you crafty? Consider selling on Etsy or Handmade at Amazon. You can set up your own shop for free and it’s simple to get started. It’s not so simple to stand out from the crowd, so that will likely be your biggest challenge. Here are some tips on how to market your Etsy shop (but would largely apply to Handmade as well). Manufactured Products You can sell manufactured products and use your site/blog/newsletter to promote it. If you create the product yourself, that’s great, but if you don’t know how to create your own product, you can sell someone else’s in your own shop. If you have an idea for a product you’d like to sell but aren’t sure where to start, this couple tells you how they started selling wedding linens online. Their Online Store Tutorials are particularly helpful. How to make money advertising: services Think of this like freelancing. If you have a skill (who doesn’t?), why not offer your service(s) via the internet (a.k.a. virtually)? It does not have to be computer related. Think of ways you can use your already-gained skills in your favor and put them online. Administrative Assistant App Developer Audio/Video Editor Coach Concierge/Personal Assistant Consultant Cook – This isn’t completely virtual as you would have to deliver food, but you could still use the internet to get exposure. Here’s an example. Counselor Designer – Check out Minted’s Design Challenge for a place to start. Digital Freelancer – Pick a task you can do quickly that others “will get around to someday.” For example, digitizing their boxes of photos. Photo Editor Project Manager Social Media Manager Software Writer Speaker Trainer Transcriptionist Tutor Visioneer – Have people send you pictures of their room/house/yard and offer suggestions for improvement. Post before & after photos on your blog. Web Builder – If you’ve set up your own site, contact local brick & mortar businesses and see if you can set up theirs. Barter services to get your feet wet, gain experience and build a portfolio. Web Developer Writer – The advantage of writing for other sites is that you get to be a part of something that’s already established. Also, you don’t have to worry about the technical aspects of running and maintaining your own site. Keep your ears peeled for contributor opportunities. You could start by guest posting. I wrote a post called How to Become a Virtual Assistant with tips for anyone wanting to offer their services online. Further reading: The Bootstrap VA: The Go-Getter’s Guide to Becoming a Virtual Assistant, Getting and Keeping Clients, and More, an ebook by Lisa Morosky. Make it your first business investment. This ebook blew my mind; it’s loaded with tips, resources and step-by-step instruction. Selling a service is great because the startup costs are low and little to no inventory is required. The problem is, services are not scaleable. In other words, your business size depends on how much time you have. You only have so much time in your day so you can provide a finite amount of service. Tips for service providers: Create a simple brochure-type site with just a few pages: Home, About, Contact, Resume, Services & Pricing, Before and After Photos (if applicable) and Testimonials once you get some. Participate in forums, comments and other social media platforms and answer questions. Build a reputation as an authority and expert. Where do you start when you want to make money blogging Feeling overwhelmed yet? You’re not alone. It is overwhelming. You should know there are no magic bullets. What works for one person won’t necessarily work for another and vice versa. There are no guaranteed, across-the-board results either. Your mileage may vary. Take the time to think through what might work for you. What’s your personality? Are you an introvert? Extrovert? Are you organized and like to work ahead? Are you spontaneous and fly by the seat of your pants? All these questions will help you determine the best fit for you. For example, I started a forum many years ago, but as an introvert, I quickly realized managing and moderating all the conversation was too stressful. So, I handed it over to someone who loved the social aspect of it. Also, I like to tackle a project and move on. I don’t like open-ended projects that are ongoing. That’s why I prefer writing and selling an ebook rather than running a membership site. Take your personality and temperament into account and decide what will work for you. What’s your season of life? When I started blogging I was a mom with newborns and toddlers. There was just no way I had the time or energy to devote to an online business. But now my kids are older and it works differently. It’s true my children are now out of the newborn and toddler stage but we have moved into the spend-your-life-in-the-car stage, chauffeuring people to activities all the live long day. Not to mention the hungry-every-5-minutes stage where they eat as fast as I cook. If it weren’t for my husband’s flexible schedule, I’d have to seriously rethink things. Think realistically about what’s going on in your life. How much time do you really have to devote to blogging? What are others in your niche doing? If you’re still stumped, one of the best ways to figure out what might work for you is to look at well-established bloggers in your niche and take note of the monetization methods they use. If those methods will work with your personality and season of life, start there. The f Start a blog if you haven’t already. Check out my Contents page to see an overview of all the tips and tutorials on this site. That page can be accessed in the menus at the top and bottom of the site, from anywhere. Sign up for the Useletter. I wade through the latest blogging information and share bite-sized tips for bloggers and online entrepreneurs. It’s free and emails arrive on Saturday mornings. Content & Monetization Tiers (PDF) If you’re not sure which content to offer for free and which content to charge for, you might be interested in my Content Tiers & Monetization download. (If you already have access to the Knowtbook or to my Studio, you’ve got it, so don’t purchase it!) In it, I explain how I think through and advise others to organize their content offerings, from free to VIP. It’s a one-time purchase of $5 One-time purchase of $5.00 Almost 3 pages (8.5 x 11 inches) of additional content based on my 13+ years of experience Printable in a purposefully ink-friendly layout & format Like this post? Share it! If you found this post helpful, I’d appreciate it if you shared it. Thank you! Share Tweet Pin +1 Share Stumble P.S. Got information overload? I can help. 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