More and more people are realizing that blogging is one of the best ways to start their own online business. Blogging is so popular nowadays because it requires minimal start up costs, and in the a relatively short amount of time you can build an impressive and loyal readership. Once you know how to monetize your blog it can also bring in a decent income that will keep on coming even on the days when you don’t update your blog (and there’s nothing like making money while you DON’T work).
Many of us know that blogging can give a good amount of earnings in the longer period of time. Most bloggers are using blogging as their hobby, but if you have the passion for writing, blogging can be a profitable way to generate a nice part-time income that may quickly dwarf your full-time income. Today many bloggers have taken blogging seriously and make blogging as their full time profession — and there are many making thousands of dollars every month.
In this article, we will explain briefly about make money blogging and top ways to make money online with your blog.
Make Money Blogging – Start Up Requirements
There are several ways to set up a blog online. You can set up your first blog using the most popular (and free) blog platform such WordPress.com if you want a hosted blog (as in YOURSITE.wordpress.com). Blogger is also another great hosted blog solution. Alternatively you can use other free blogging site such as Posterous, Tumblr or Live Journal that hosts your blog. But when we talk about making money online the best way to do it is by set up your own blog under your own domain name using WordPress.org as the blogging platform. The WordPress.org version of WordPress is a “self” hosted version of WordPress which means you will need your own hosting account and domain.
If you want to make serious money from blogging, you must have complete control over your blog – and that’s something the free blogging accounts won’t give you. You’ll be bound by their terms and conditions, and that usually includes not being able to actively promote anything. If you ignore the rules and terms, you run the risk of having your blog removed — so keep that in mind.
To start your own blogging site, you must invest a few dollars to buy a domain name and set up a web server that will host your blog. Make sure you search and register a good domain name to represent your site online, and then pick a good web hosting company such as Bluehost or InMotion Hosting to host your files online. With a little cost that you invest for domain and web host, you just buy total freedom for your website.
We recommended that you check out Web Hosting Hub for affordable shared hosting. Plans start at just $3.95 month plus you can receive a $75 credit for advertising on Google Adwords. When you are just getting started, shared web hosting is more than enough for you, however once you cross the 1,000 visitor a day threshold you will definitely want to consider moving to a VPS or Managed Web Hosting plan.
Now you can start writing about any topics, however we always recommend for people to use free tools like Google Keyword’s Tool to see exactly what people are searching for and try to create content that addresses those needs. It’s always easier to make money blogging when you are providing the market something they are already looking for and not trying to get them interested in what YOU are necessarily interested about. It’s a subtle difference, but keep that in mind as you begin your blogging for money endeavors.
Don’t forget to promote your blog using social media. If you are in this for the long haul (and you should be) consider the various SEO web hosting considerations and link building techniques to attract more visitors and traffic from Search Engines.
To make money online, a good traffic stream and steady flow of visitors are the most important factors. You need traffic to make money.
Ways to Make Money Online
Below we have put together a list of the top ways to make money on the Internet, in no particular order. Make sure you check each of them out.
Affiliate marketing is a very popular way to make money blogging. Under the Affiliate Marketing strategy you have a merchant that is willing to let you (the affiliate) sell its products and services in exchange for a commission. Sometimes this type of advertising is also called CPA (cost per action) or CPL (cost per lead) based.
Affiliates can send potential customers to the merchant using several tools from banners to text links and product reviews. Each affiliate will have their own affiliate ID and link that can be use to do all the promotion online so you can track your results and commissions.
For an example, if you interested to promote web hosting plans and services, you can opt for the affiliate programs at just about any hosting company. Many of top web hosting company such as Web Hosting Hub, HostGator or InMotion have their own set of affiliate programs that you can join for free.
Popular Affiliate Networks:
Lots of advertisers are moving towards contextual advertising these days, and paid or sponsored reviews are one of the popular contextual advertising options for many advertisers. With a paid review program, you as a blogger will become a publisher that will help them get some targeted SEO friendly backlinks, traffic and brand promotion with your review.
Make sure that if you provide a sponsored review, you follow all of Google’s rules as it relates to proper disclosure. You will want to make sure that you are doing everything in accordance with their terms of service.
Popular Sponsored Reviews and Paid Blogging Networks:
Selling Banner Advertising
You can sell banner advertisements on your blog as well. If you are running a popular blog, many advertisers will approach you for different kinds advertisements on your site. You can also use Buy Sell Ads to help automate the process so you don’t have to deal with each individual advertiser. To start selling direct advertisements on your blog, you should create an advertising page on your blog.
Selling Your Website
Selling your website could be your last resource, but it has the potential to generate a big sum of money in a short period of time.
Market places or online forums like DigitalPoint and Flippa are always active with website buyers and sellers. Keep in mind that the most used parameter to determine the value of a website is the monthly revenue that it generates multiplied by a certain number (the multiplier can be anything from 5 to 30, depending on the expectations of the seller, on the quality of the site, on the niche and other factors).
Some people also make money trading and flipping websites. They either create them from scratch or buy existing ones.
How Do You Make Money Blogging?
Now it’s your turn – do you make money online through blogging and writing? What other resources do you use to earn your income, and which have given you the best results? Share your feedback below…