Isn’t it great to spend a day at home, browse the internet, and write and write and write and earn money? Of course, it is!
But is it possible?
Yes, it is.
How?
Simple, it is through blogging!
Blogging for money, however, is never a joke. You can earn hundreds of thousands of dollars but you have to spend a lot of time and effort.
But what is important is that it pays off, right?
So if you are thinking about quitting your job today and start blogging for money, it is better if you think through it first unless you are motivated and dedicated enough and is love the nature of this work.
If you finally decided to take a plunge and try your luck in the realm of blogging, below are the things you need to know.
At first glance, generating money from a blog seems too easy but oftentimes first-time bloggers end up shocked and disheartened because the seemingly easy steps are actually extremely difficult to make. It is just a warning so you know what you should expect.
The first thing you have to do to make money through blogging, apparently, is to set up your own blog. This one is quite easy; you can simply use WordPress to set up your own blog.
The second thing is to write content that can drive tremendous traffic.
The key is to make it as useful and interesting as possible. Choose a particular niche or demographic to focus and write for.
The third thing is to find readers or simply promote your blog.
Well, how could you make money if there is no one who reads your blog?
Now, how blogs generate money?
- Attract visitors through providing free content
- Offer interesting freebie in exchange for visitor’s email address
- Build trust through providing a consistent or steady stream of valuable and useful content.
- Offer a service or product that will help them.
This may sound too corporate but this is what you really need if you are after blogging for money. If you want to earn money, consider this as a business.
The above mentioned way of generating money will take months or even years to pay off especially if you intend to create a product to be sold. If you really want to generate money as soon as you start blogging for money, it is a good idea to try affiliate marketing.
Affiliate marketing is a business model where you only have to endorse services or products of other people in exchange for a particular amount of commission. Usually, affiliates earn 50 percent commission on information and software products.
The good thing about affiliate marketing is that generating money is faster because you do not need to invest months or years making a product, and the income is almost passive. You do not have to worry about making products, supporting your customers or deal with any technical complexities associated with selling products. It can even give an idea about what product sells best so you know exactly what to produce in the future.
Apart from choosing the best strategy to generate money, you also need to build funnel in reverse, put a price that justifies the product, consider webinars and never overlook the importance of having an email list.
Just like any other businesses, you may fail at your first attempt to blog for money and so, just like what other successful businesses do, never give up and just continue until you get what you want. Of course, educating yourself can be a great help.