Below are the 10 goals I set for the blog in 2017, what I was able to accomplish in 2017, and my goals for 2018. These also include a detailed breakout of the $401,681 in blog income I made from the Millennial Money website.
However, using a WordPress ad management plugin can make the process easier. We recommend BuySellAds, a marketplace that matches up website owners and advertisers. There’s also a free BuySellAds WordPress plugin that gives you a simple way to insert the ads on your site with widgets and shortcodes.
Jon, this is a great article. Thank you. As usual, you are full of useful information. I am new to blogging (just launched in March) and I initially started with the small e-mail list from my business website, which does not have a blog. I started a completely new website after realizing I was on the wrong platform altogether to grow an audience. I learned this thanks to the information you and other professional bloggers provide. You recommend affiliate marketing to monetize a small new blog, which are my exact thoughts for my blog. Do you have an affiliate program? If so I would love to promote your info on my site. Thanks again!
Kristen, great job on your post! I have to admit when I scrolled down and read the numbers I laughed to myself. I am in the same boat now..I have few dollars and cents from various places but nothing to actually show on my bank statement. Thank you so much for posting this! It’s uplifting to know that my heard work will pay off like your hard work has done for you. Keep posting as I will keep reading!
I agree with your statement “Often times, you can make more money selling to the 2% than you can to the entire 98% combined.” and your following example about selling a $10,000 mentoring program for aspiring writers.
#16 – The Busy Budgeter – $12,484 in March of 2016 – This is another income report from Rosemarie. Her income is mostly split down the middle between affiliates and ad networks, with some income from sponsored posts.
Connections definitely matter, but I don’t think meeting the right people is a matter of luck. When I was a beginner, I made a list of all the people I wanted to know, and I mapped out a strategy for building a relationship with each of them. It’s no coincidence that, years later, all of them are friends. I made sure of it.
promoting your expertise to deliver training or consultancy services to businesses can be a highly profitable way to create an online income. In the past I have helped lots of businesses get started blogging by working with them to create editorial calendars and giving their marketing teams tips to promote their posts. Whether you’re an Excel guru, a marketing whiz or a customer services master you can build up your profile on your blog.
I learned this lesson the hard way after having most of my income coming from one source in the early days but after a bit of a bad experience began to diversify my income streams (read about that here) – it was one of the best things I ever did!
Also, I’m skipping a lot of other important topics like price testing, competition, economics, and lots of other variables that affect how to make money blogging, but in my opinion, none of those things are even worth considering until you know the answer to this one simple question:
It’s a great post, Jon. I always loved your style, you make everything sound so attention-grabbing. Anyway, I think it’s a very helpful post, meaning that some of those points actually (well, who am I fooling here, most of them) were something new for me. Especially about SEO.
People who start to blog always thing of making money which tends them toward failure. In my opinion bloggers should choose the topic which interests them. They don’t think about making money. It’s about knowledge, try to learn more and don’t think about money stuff. There are many top blog topics to make money online but you can get success only with the topic you like to write on. Try to choose your topic for the blog. Making money is very easy, don’t think about it much.
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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.
I agree about foregoing ads and instead selling your own products in those ad spaces. This might however not be applicable to bloggers who are still new and running the ropes, and to blogs that are still in their growth phase.
To all the bloggers out there…STOP sucking up to the very small, elite and narcissistic group of self-proclaimed influencers out there. If you all stop treating them like they’re special, they will not longer by special and therefore some of us who aren’t in there secret society will be seen as knowing what we’re talking about too! This isn’t High School, grow up and read someone else’s blog already!
I have an affiliate question (hopefully you aren’t annoyed at them by now): I want to start a couponing website for a specific niche, that will provide coupons and deals to users at certain stores. What do I do if the store that I really want to promote does not have an affiliate program? Thanks again!
The market is saturated with blogs, but it is also saturated with opportunity. Pick a niche, become an authority, and stand out from the crowd. If you aren’t sure about a travel blog name yet, it doesn’t matter. You can still start your blog today and come up with a name later on.
This is where readers pay a regular recurring amount (usually on a monthly or annual basis) for access to either premium content, a community area, some kind of service, tools, coaching (or some combination of these things).
Next, I added a few affiliate links based on products I used. I was comfortable telling someone about a book I read, a blog theme I installed myself and a product I used in the blogging world or real life in some of my blog posts.
Ebates – This is where you get free cash back when you shop online! You literally get cash back when you make an online purchase. The cashback is deposited into your PayPal. If you want to try Ebates, use my exclusive link to get $10 off your first $25 purchase AND earn cash back.
I LOVE your income reports. As an accountant I totally nerd out to your posts and love learning about how you manage your business! Such a great idea, plus so helpful for blogging babies such as myself! =) Thank you for all the inspiring you do for newbie bloggers.
WordPress.org is an open source software platform which allows you to build your website or blog on your own. It is a self-hosted solution, which means you will need to sign up with a WordPress hosting provider.
Wow, are you kidding me? 100k a month? That is insane! I knew if you had a really popular blog you could make good money, but 100k a month?! That is a year’s salary for doctors. I am a blogger myself and make no where close to that. I make enough for a living in hope of some day catching up to you. You instilled a little bit of fire in me, knowing that there is someone achieving the impossible.
#19 – Sarah Titus – $23,424 in December of 2015 – This is Sarah again (also linked above). Almost $14,000 of that total comes from affiliates (noticing a trend here?). She also earns from ad networks and book sales.
Hello Jon, the lessons are detailed and comprehensive. Frankly speaking, I have never read a blog post that carefully like today and I really benefit a lot from it. However, I still have a question regarding to this post, that is, if I am not an expert in any field, what kind of blog (topic for blog) should I start with and how to get enough traffic to my blog? I agree with you that we should not sell ads but should sell our own products or affiliate products via our blog. However, if I cannot teach others something and my blog doesn’t have enough traffic, how can I sell my products or the affiliate products to my readers? Anyhow, I will still focus on your blog and hope I will learn more valuable knowledge through your blog.
As I have been inspired by you I’ve created a list with my favourite bloggers and I included you and your blog in it. I hope you don’t mind. The link is here http://passiveincomewise.com/favourite-bloggers/
Travel is good for the soul, but depending on your travel style, it’s not always good for your body. Moving around Mexico, eating cheesy deep-fried snacks and drinking beer can quickly do a number on your waistline. But ther…
Jon, you always deliver! I’ve printed this out so I can have it handy to refer to as I build my audience/blog. I especially liked the survey info and the info on reverse the funnel. I really struggle with what to charge, but seeing your numbers helps. Tons of info here to digest. Thanks!
Just remember that if you are going to choose one of these avenues that you make it relevant and useful to your readers. A lot of bloggers make the mistake of assuming they are developing a product their readers need; listen to your readers first, and then create a digital product that will meet their needs.
Ive been so busy working in illustration through my site that most of the time there´s no room to work on anything else but after reading your text i think i need to find some extra time asp to go back to blogging….thanks.
Because of the similarity in names, beginners often start with WordPress.com thinking they are getting the powerful WordPress.org software. After seeing the limitations, users often end up switching from WordPress.com to WordPress.org to have more features and control over their website.
Spot-on post though, I’m just genuinely curious…in your experience, have you found it more difficult for people to break into guest blogging since it’s so pervasive among the IM crowd? Is it more-so a matter of who you know versus what you know?
While I started out making money from my blogs through advertising and affiliate promotions today my #1 source of income is through selling eBooks and courses on my blogs. These ‘virtual products’ take work to create but have been lucrative for me and many other bloggers.
There is plenty to learn and go through in blogging for money that newbie should be aware of and read first. I agree, this could also inspire anyone to do better with his blog, but caution, caution and caution.
Also, in Building the Framework, the mid-range course comes with 20 videos. I do not use WordPress, and so would like to know if those videos are focused on WP setups and themes? Any help you can provide would be greatly appreciated.
Jamie, Thanks you for this wonderful post. Blogging is the best making money business if someone treat it like a business. Your good content cannot make you money if you don’t know how to monetize your blog.
Hi Dawood! Im glad you are inspired by these. I am also trust me! Its amazing. I like the idea of putting down when the blog was created but not all the bloggers have this info handy. I can tell you that my personal income report is from a new blogger. July 2015 was my 2nd full month of ever blogging. So far my numbers have been increasing in every category which is awesome!
Market your blog through paid advertisements if necessary. If you are serious about investing time and money into gaining an audience, you can create your own advertisements for Facebook, pay to add your blog to StumbleUpon, or become an advertiser on Google AdSense or another ad service.
There are some complicated rules for bloggers who publish sponsored posts and depending on your country they can differ. The main point is to make sure that you clearly declare when a blog post is an advertisement.
To be honest, I’m not a big podcast listener myself so this one really blew me away. I think a lot of the popularity ended up being because of the 5-minute format and the banter between Matt and me. Sometimes we agree and sometimes we don’t. We also try to balance the mechanics and the philosophy of money. I also chock up some of the success to the fact that we just kept at it. Recording 232 episodes took a ton of time but we’re both really committed. We also have a ton of fun recording, especially now that we both work online full-time. So for all of you who downloaded, listened, or shared any episodes we really appreciate it. As long as you keep listening, we will keep recording. We are planning to record another 200+ episodes in 2018, so hit us up for any topics you want us to cover.