I’ve been through quite a lot with my days a blogger. I was making money, but it just wasn’t enough. You literally make pennies and dollars. That is not enough to support yourself. It wasn’t until I met Noah King. A mentor of mine who taught me how to make REAL MONEY online writing about what I love. I am now making $6000/month after a year of hard work and can do it all from the convenience of my home. Never give up or sell yourself short! Noah has his own website where he talks about how to achieve the same success he has. You can check him out here if you’re interested – http://www.deservingwriter.com/
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The most conventional (and least profitable) method is selling advertising, where you allow companies to promote their products and services to your audience in exchange for a fee. You can also form partnerships with other companies, promoting their products and services and earning a commission each time one of your readers purchases. This is called “affiliate marketing.”
If there’s one guy’s email I never throw away before reading and dissecting, it’s Jon Morrow. First I was impressed by your back story and then I was impressed with the quality of your work and recommendations.
This is complete motivation for me to keep on blogging and not giving up. Thanks for taking the time to put this list together. I know it takes some time searching Google for these folks updated income reports.
Jon, amazing article! I would just add to your #15 regarding e-mail subscribers. The number you described is real if you have a legit database of subscribers behind it (don’t know if you take this here for granted).
There are many ways to experiment with growing your blog’s audience that I’ve written in previous blog posts and talked about in podcasts (I’ll share some further reading and listening below) but it is important to enter into all these strategies remembering that you should not just be looking for ‘traffic’ but ‘readers’.
These tips are worth WAY more than gold… Way too awesome man. I’m printing this and keeping it as a part of my study notes for blogging. I can’t seem to find a post that I don’t want to read again and again. I admit though, I’m one of those bloggers who started off writing an ebook that didn’t make a dime. I’ve got a lot to learn!
Thanks for reaching out. Congrats on the awesome first month. Do you have a link that will show all your income reports? Like a category link or something? If so, send me that. It prevents me from having to update individual links each month.
In the case of blogging, that number is the size of your email list. (Not RSS, mind you — it’s dying a slow but certain death.) In my experience, your email list is the most accurate predictor of how much money you’ll make.
If you’re looking for a more low-maintenance way to make money online blogging with WordPress, then selling your own digital products may be a good choice. While you do have to invest the time to create the product up front, after it’s created your work is very minimal.
With affiliates, what you promote and how you promote it is up to you. No one knows your audience better than you do, so there is a lot of control there. You aren’t depending on someone clicking an ad that may or may not appeal to them in your sidebar. You already know that what you’re promoting will appeal to them.
#13 – L Bee and the Moneytree – $7400 in April of 2016 – Lauren earns much of her blogging income from affiliates and sponsored campaigns. She also includes her staff writing income in this total, which is almost $3,000.
If you’re not familiar with the term, it’s a business model where you endorse other people’s products or services in exchange for a commission. On software and information products, affiliates typically earn a 50% commission or sometimes even more, so it can be quite lucrative.
The conclusion? Build a site around a niche that you have a burn desire for (ex. Harry Potter’s Passive income Plan) a niche that comes to you as an idea, invent something no one else has and stop duplicating the same “gurus” methods over and over again.
I have recently learned the value of outsourcing work to specialists. I used to endure sleepless nights trying to keep up with all the work necessary for building a blog. The right specialists are dramatically cheaper at tasks than I could ever hope to be as measured by the cost of my time and the amount of distractions that I created for myself.
Ironically, I didn’t start this money blog to make money. I started it to share my financial independence story and strategies with anyone who was interested. But when a $5 bill is on the ground, you should always pick it up. As I’ve mentioned before, I’ve spent my entire career building websites for other people and Millennial Money is the first website I’ve built for myself. I also really love the challenge of making money online and teaching others how to do it too.
Could you explain how you monetized your blog? I currently use Word Press (the free verison) and I just started blogging. So I have no idea how to do the Adsense thing. Any direcitons would be really helpful! 🙂
Awesome post so far, Jon. I’ll have to read the full post in the morning since it’s nigh time at where I live. I just have one question. Is it profitable for a freestyle blogger to affiliate marketing? If I’m correct, affiliate marketing is more suitable for niche-based sites, right? Are freestyle blogs even profitable? I’m just starting out, so can you recommend me something?
Great content. Just what I have been looking for. I realized that I have been spending lots of hours creating content for my blog but doing nothing when it comes to outreaching and promiting my content.
I’m not surprised about Headline Hacks converting though. I just had someone email it to me last week, and I’ve been using it for years. I have a copy printed up which I keep under my pillow at night (OK, maybe not… but I might as well.)
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I think that is so awesome for you! Its hard to actually start doing what you love and to actually make money from it is such a great bonus!!I just started blogging, I joined twitter (which I never thought I would) & finally started a blog on wordpress. Good luck to you and your new adventure
I am a JAGAHB fan and I wanted to express how much I enjoy reading and following your blog. Your blog is so inspirational to us new bloggers. I wish I had found you back in 2013 when you started, but better late than never. 🙂 Your income reports are what drew me to your site and I’ve been impressed every since. I’d never come across or even seen any blog that offered their income information. Most just leave us to guess and wonder if it’s really possible to progress financially. This was a FANTASTIC way to build trust with your future audiences. God Bless, Angela
I knew nothing about Blogging until I met you. Things are happening for my coaching business because of what I learned from you. Headlines — subtitles – formatting — passion and a big mission. My writing has completely improved.
I think now that I have finally started to have a better understanding of how to provide value. My new challenge is learning how to differentiate when I’m giving “too much” value, in the case where I should have just packaged up the content and created a product.
1) Your niche selection is extremely important. You probably won’t be able to make money helping people watch better quality TV. But you could help them lose weight or be more productive and make a bunch of money in the process. Making money is not limited to helping other people make money.
Absolutely not. Yes, there are way more blogs online today than there were 5 years ago when we started, but there were also fewer people reading travel blogs and fewer companies willing to work with us.
Loved this article. I do get caught up with wasting time sharing to Twitter and Facebook and not seeing the traffic. I had my 1st Blogiversary in Nov 2014 and am getting a lot of positive feedback but not seeing the traffic. How do you get on some guest blog spots? We have an 1820 Farmhouse and do most of the work restoring the house and also I have a passion for cooking so I do a lot of food presentation and recipes. Love to hear what you think at BeFedAgain.com
Wix is a hosted platform to build websites. It offers an easy way for small businesses to build a website using drag and drop tools. You can also add a blog to your website by adding the Wix Blog app.
I echo the sentiments posted before me… this was extremely helpful in the quest to begin my own blog for profit. It is well written, informative, and full of links to more material. Thank you for sharing your wealth of knowledge with all of us! Hopefully I can build a brand that is this helpful to others!
Thanks Gustavo. Glad it’s been of great help to you. You’re right, there’s a lot of shit out there that is misleading and ultimately want to take money from newbies in exchange for misinformation and crap services/products. All the best.