Blogging may be a rewarding pastime and a wonderful opportunity to share your enthusiasm for a certain topic. But make no mistake, it can also be a very lucrative endeavor, whether pursued as a full-time job or a side business.
So, whether you want to quit your day job to blog full time or just want to make an additional $1,000 per month from your blog, this piece will be helpful.
How much money can bloggers earn?
Blogging has nearly endless possibilities. Bloggers with a solid following, like Ryan Robinson, who writes a site on blogging, may earn up to $30,000 per month. Just two years after starting his blog as a side gig in 2019, Adam Enfroy made $1.5 million from it. He did this by writing about the business of blogging.
Bloggers may make money on more than simply monthly income. Many of the blogs listed for sale on marketplaces like Flippa carry hefty six-figure price tags. When their creative effort is bought, bloggers profit.
Sadly, not every blogger can generate millions of dollars from their blog. Your blog’s potential for income is influenced by two things:
Your niche. Do people spend large sums of money on products in your industry? The software industry, for example, can be lucrative, since many companies pay recurring commission. Bloggers can earn small amounts each month, long after the customer made the purchase. (More on this later.)
Your monetization strategies. Some blog monetization methods are off the table for new bloggers who want to stick to their core values—like not being paid to post content you don’t agree with. This can impact earning potential in the short term.
12 Ideas to make money blogging
1. Create a business directory
What categories of goods or services does your audience regularly want advice on? Make a list of appropriate companies, and then contact them to join your business directory. Using a product like the Business Directory Plugin simplifies the beginning process.
2. Promote an affiliate product
For most well-known bloggers, a sizable portion of income comes from affiliate sales. As an illustration, Pat Flynn made $53K from affiliate sales last month as opposed to “only” $9,500 from book sales. In general, search for affiliate goods with higher price points; if it makes sense for your niche, web hosting businesses are an excellent choice, with rewards ranging from $60 to $130+ per registration.
3. Sell ad space
The majority of bloggers that want to monetise their blogs start with this method. But keep in mind that you have other options outside only selling banner ads (which is generally an ineffective strategy these days). Think beyond the box and consider other spots you may rent out, such as pop-up box space, social network headers, and the “P.S.” on your email newsletters (quite literally).
4. Display Google AdSense on WordPress
Using Google Adsense is a simple approach to monetize your site. All you have to do to start showing adverts on your website is install a Google script to it.
Every time a user clicks on the advertisement, you will be compensated. They are known as CPC advertisements.
Describe CPC. “Cost per click” is referred to as CPC. When you use Google Adsense to display CPC advertising, a predetermined payment is made each time a user clicks on an ad.
The advertiser determines the cost per click. (In CPM advertisements, on the other hand, you get compensated for ad views rather than clicks.) “Cost per thousand impressions” (CPM), where M is the roman numeral for 1,000, is a marketing term.
5. Sell Sponsored Blog Posts
Some bloggers ask how to monetize a site without ads since they don’t want to show advertisements to their readers.
You give up some control over the content that is shown on your site when you use ad networks. Ads may anger or offend some readers, and an increasing number of individuals are using ad blockers, which lowers your chance of making money.
Sponsorships are an alternate method of generating revenue from a blog.
A sponsorship functions the same way it does in sports, television, or other fields. In essence, a business pays you to advertise, discuss, and represent its product to your audience.
6. Offer services
Selling your services is a terrific method to earn some additional money and establish your name, even though it may not make you rich (look to a passive income for that!). Sell products that are directly relevant to your blog’s subject matter (for example, catering for a food blog), or hire freelancers to perform tasks like writing or graphic design for blogs.
7. Offer consulting services
In almost every industry, advisors are required. You may bill by the hour for phone, email, or Skype assistance that you undoubtedly already provide at no charge.
8. Earn Money Online by Flipping Websites
You are miles ahead of most people if you know how to create a WordPress website. Entrepreneurs occasionally prefer to purchase existing websites that they can utilize for their own company.
If you can create a WordPress blog and attract visitors to it, you may sell it and profit from your work.
Knowing what kinds of websites are in demand and how to value and market them are necessary for this. There are services like Flippa that act as brokers and auction houses for the sale of websites.
9. Host webinars
Hosting sponsored webinars is another possibility, since many organizations do so to earn leads. Just be sure you’re delivering outstanding value; considering how many free webinars are available, if you want to charge for it, you’ll need to be doing something very extraordinary.
10. Create Restricted Members Only Content
Huge lovers of your writing, your most devoted readers could be eager to pay to read more of your work. For them to share more in-depth blog entries, downloads, movies, audio content, and other things, you may make a members-only section.
Since you must constantly provide premium material for your paying users, membership sites might need a sizable investment. However, since they provide recurrent income, they may be quite profitable (subscriptions).
11. Create a Private Forum
Develop private forums that users must pay to access if you want to create a premium membership website. Forums are a fantastic platform for you to provide one-on-one guidance to your audience. Additionally, community members may communicate and support one another.
A paid forum is a terrific method to generate recurring income from your WordPress website, even though managing a forum may be a lot of effort.
You must create a forum on your website before you can begin. Here are the top 5 WordPress forum plugins that we think are the finest.
12. Create a WordPress Job Board With Paid Submissions
Making a paid job board is an additional choice. Companies might pay you to submit a listing if they wish to publicize an available position to your audience.
If you specialize your employment board, it will be simpler to build a successful one. With little competition, you may establish yourself as the top resource for anyone searching for work in that sector.
For well-established sites in a certain area, this is fantastic. For instance, ProBlogger is now well-known for its professional blogger employment board.