Everyone wants to make money and the internet has increasingly become a goldmine for such a quest; everything boils down to how you want to go about it.
Most people are always mesmerized by this whole idea of earning a living by simply owning a website or a blog because they can’t seem to fathom how it works. But if you ask an experienced blogger how it works, the answer is always simple. You can earn crazy money on the web.
So, what’s the catch here?
Well, it always starts with believing in one’s self. This sets you apart from naysayers who do not want to cast their net out there to catch fish.
Internet entrepreneurship comes in many forms such as Forex trading, running an online retail store, marketing and many more.
This post will not look into each and every aspect of money making venture anchored on the web and supported by a community of internet users, but rather, an area which has become popular lately; blogging!
Understanding Blogosphere
Whether you are an ardent reader of travel stories or articles about exotic destinations, you will always be spoilt for choices if you look around the web. The same goes for that person whose thirst for reading is best quenched by professionally churned business blogs.
In other words, the blogosphere plays host to tons of literary pieces, all of which are only a tap away. But have you ever asked a question like; of what benefit is it to craft a thrilling adventure story, publish and share it all around the web?
Bloggers want their stories to circulate and this is not only to create a name for themselves but also earn something out of the same. The more popular a blog is, the more money one is likely to rake in from different sources. It actually depends on what channels you have in place to help create a revenue stream.
This is a little different from an online dissertation writing service whereby money is made by crafting term papers for students even with the help an expert, can equally partake on extra income generating activities like guest blogging.
Getting Started with Blogging for Income
In as much as you really want to earn some bucks as soon as you set up your blog, rushing through it can be very disappointing. Patience pays. A blog doesn’t generate income by simply getting indexed by search engines upon registration.
For starters, WordPress and Blogger are absolutely free. By signing up, choosing a niche, and publishing the first post, it means your blogging train will have already left the station. However, for better results and great exposure, you need a professional domain name extension. This usually comes alongside web hosting.
It’s the best way to give existing blogs in good standing a run for their money. Now you are all set and ready. You can read more on how to set up a great starter blog. Do not forget that your niche matters a lot, so it’s important to choose one that is marketable for purpose of wide readership.
Start Making Money on Your Blog
This is particularly the gist of this post. So, whether you run a blog that helps students learn how to write a scholarly MBA dissertation or that which publishes cooking lessons, buckle up for money making tips.
Advertising Revenue
This is one of the most popular ways of making money as a blogger. It works the same way as ads in magazines and newspapers. Well, people who own blogs occasionally get requests from advertisers who want to sell promotional messages through writing platforms.
However, it is important to note that more the readers, the more ad revenue you are likely to generate as more clients will be coming your way. Google Adsense is a good example but it’s not the only one. It’s where most bloggers start from.
Income from Affiliate Activities
Basically, this is money you earn when people click through ad links to seller websites and in which case, you are paid a commission should one go ahead and buy a product through your blog.
Amazon affiliate marketing program is a good example. It, therefore, means the more your affiliate links convert to a sale, the more money you make.
Basically, this is money you earn when people click through ad links to seller websites and in which case, you are paid a commission should one go ahead and buy a product through your blog. Amazon affiliate marketing program is a good example. It, therefore, means the more your affiliate links convert to a sale, the more money you make.
Money from Promotional Activities
This is an indirect way of earning money blogging. To put it simply, you can market your physical business via a blog and direct readers to it.
Consultancy and Coaching
As the blogging community continues to grow, many are getting interested to join. You can in this regard offer training or coaching to newbies by charging a little fee.
Direct Product Sales
This has become hugely popular lately. You can, for instance, convert your posts into an eBook or rather write one from scratch based on your niche.
Money from Events
Professional bloggers are beginning to embrace this approach to make money. In this case, you can organize a blogging conference for readers and charge them some fee or look for someone to sponsor the event to the tune of some amount.
Membership Programs
Well, you can equally make money by creating VIP blog membership programs. In this case, there is a fee for special access to certain content and exclusive community tools.
E-Commerce Business
This is another approach to making money as a blogger that is increasingly becoming popular. There are tools that can help you start an e-commerce site, store or shop on your website and make money on the go. While this can sometimes be very demanding when it comes to shipping physical products, it may just turn out it is what your readers want.
Sell Logos and Graphics
From website templates, T-shirt designs, business to corporate logos, having an e-commerce Plugin on your blog will make this a reality.
Wrap Up
In conclusion, blogging shouldn’t be just about creating stories that keep your readers coming for more. Through the same content, there are multiple income streams, both direct and indirect which you can exploit to start earning money using the internet from your passion.