I am combining goals 6 and 7 because I didn’t accomplish either of them. One of the top Google ranking factors is backlinks, so in 2017, I focused on trying to get as many as I could. I was pretty successful getting backlinks from the media, but didn’t take the time to connect with as many brands as I wanted. But looking back, 100 new backlinks per month was a pretty crazy goal. Also when it comes to sharing, I don’t use a social plugin that tracks the shares, but I estimate I get about 50 to 60 per post. Some posts, however, like the $50 a day early retirement strategy I know have been shared over 500 times. In reality for 2018, I’m not planning any goals for backlinks or shares and don’t have any plans to develop an active backlink building strategy. I’m going to spend my time creating quality content instead.
One of the most frustrating things for me since I began blogging was getting more engagement on my blog posts. When I first started I went from nothing to around 200,000 on Alexa in about 3 to 6 months. After that, I had a long hiatus of no content and flew back up past 10,000,000.
Affiliate marketing is a kind of performance-based marketing. With this form of marketing, business owners reward affiliates for each customer brought to the company through the affiliate’s independent advertising endeavors. There are four key players in affiliate marketing:
A paid event calendar is a good monetization method for local or industry-specific websites. You might choose to advertise events in your local city, conferences in a certain industry, or even webinars or live streaming events.
Above we mentioned the difference between CPC and CPM ads, where you are paid per click or per thousand views. While you could use one of those models for selling banner ads, most bloggers charge a flat rate instead. Charging a flat rate is easier than keeping track of views or clicks.
A sponsored post is one way in which to make money from advertisers. With this type of arrangement you may be asked to publish a post that is provided by the advertiser or they may ask you to write a post that mentions them or their product – depending on your following you can expect to receive between $50 and $500 for a sponsored article.
It allows you to quickly insert links into posts, create branded links, auto-replace keywords into links, and even see how each link is performing on your site. You can see our guide on how to add affiliate links in WordPress with ThirstyAffiliates for more info.
First, start a blog if you haven’t already. Next, focus on building up a solid library of at least 10-20 blog posts. Make sure they are helpful and meaty. Figure out which income streams are natural extensions of your posts. In the meantime, build relationships on social media, in Facebook Groups and wherever your potential readers hang out. Don’t just promote your own stuff, but be a helpful part of the conversation. People will eventually check out what you have to offer.
I think you may well be right if you are saying that few of us will have the skills required to attract and service a lucrative and large enough market to earn the sort of sums quoted. Nevertheless, may I just say that Jon has freely given us, not only a system but the commercial logic and reasonings behind that system.
PS: my answer to this question is always… “the better question is… how can my blog help me build a profitable business?” Most of the profits from blogging are not made on your blog, but that’s okay. I don’t believe blogging about making money per se, but about branding yourself and positioning yourself within your niche market as an authority and leader. Once that is established, there are so many ways to move people into your money making enterprises. Email marketing, as you pointed out, is one of the best ways to do this. Sending people to your membership sites, services, info products and coaching programs are all great things to route people into as well.
Now, a caveat: don’t turn your blog into a gigantic sales pitch. Nobody likes that. You should, however, be offering something your audience wants and needs. Don’t push them on it, but do make it available, and do remind them from time to time that they can purchase it.
If you’re blogging in another language, I would recommend just focus on posting amazing content and then asking influencers to share it for you. You have much less competition, so it should be fairly effective.
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.
In 2002 I began to blog one day on impulse after seeing another blog and being fascinated by the medium. I had no idea at the time that what I was doing would ultimately lead to a complete change in my career path and end up being something I’d make a full time income from in several years later.
Great article and nice blog I’ve been a plumber for over 7 years and was thinking of starting a plumbing blog withe free help and advice do you think this blog could make money and would it be difficult to set up ?
I have just removed my ads from my blog. It was looking too spammy. Now the focus is on my calls to action. I am finding that affiliate sales and content marketing are working for me. My long term goal is a membership site.
This is really a great idea to share your blogging success & failures at one place and more over helping everyone by showing what is working & what is not. I love to read such income reports to stay motivated.
I’ve been thinking about starting a blog for a while. haven’t had a clue where to start. Such a great resource you have here – feeling much more confident I can do this!’ Thank you for your time and effort you’ve put into this!
It can guide future product creation. If one affiliate product sells 10X better than all the others you promote, you might want to think about developing your own version of the product, because you have proof your audience wants it.
I couldn’t be more humbled and grateful for every person who took the time to read or share Millennial Money content or emailed me in 2017. It means so much to me and really has changed my life. I’m also happy to be done writing the book and can’t wait to share it with the world in early 2019 (old school publishing takes so long!). I’m also stoked to launch the New Your Money or Your Life platform in March with Vicki Robin to spread financial independence. And I’m also stoked to have a lot more time to write, share, and connect with all of you.
Thank you so much for this information. I will reread this several times as I am sure it will be very helpful. I am a new Blogger and hope to create something interesting and fun for my readers – and make some money too.. If you could please add me to your email list, I would really appreciate any future info. Thank you again!
Hello! I’ve just subscribed to your step by step walk through of how to start a blog. I was wondering if all the downloads you suggested are compatible with IPads? Could a blog with the setup you suggest be run entirely from an iPad? Thanks again for your time!
With paid methods, you have the opportunity to pay for traffic and clicks right away. And if you do well in targeting your audience on the right channels you can easily build your audience with advertising to supplement your organic efforts.
Let your readers know that you are an affiliate. In the United States and some other countries, you are required by law to reveal to your readers that you receive material benefits from the manufacturer of the product. This includes affiliate link payments as well as gifts and cash offered in return for a review.
This will give a lot of people the confidence that it is definitely possible. I also like the fact that you mentioned it takes a lot of hard work to accomplish this and that it isn’t easy. There’s no get rich quick way to do this!
Your blog is great and every single post is packed with truly useful and up to date information and tips, but one thing I am finding, not just with BBT, but most “how to be a successful blogger” sites is that the focus is almost entirely geared towards people who want to be a “blogger” and not on how a company can use a blog to drive sales.
You want to make money, right? Of course you do. Everyone wants – and needs -to make money. So you started a blog since you’ve heard it’s an easy way to make cash, but you’re not quite sure how to actually make money doing it. Or maybe you already have a blog and you’re exploring ways to monetize it.
Well, out of curiosity, I shopped around to see how much advertisers would pay for the same ad space. The absolute highest rates I could negotiate would’ve brought in only $5,000 per month per ad spot, totaling $15,000 per month — 70% less than we made selling our own products.
A blog is not a blog without content so once you’ve set your blog up you need to focus your attention upon creating useful content. What you choose to create will depend a little on the topic that you choose to write about (on that note, most successful bloggers have some focus to their blogging whether that be a niche or a demographic that they write for).
Offering a service is an excellent way to make money quickly because startup costs are low, little to no inventory is required and you get paid for a skill you already have. The downside is, it’s not scalable.
For instance, we have a guest blogging course that retails for $497. In exchange, we promise to help students get featured on a big blog or magazine like The Huffington Post or Forbes. I think it’s fair to say that exposure is worth $5,000 to the right person. So, the product sells easily and well.
Definitely not mandatory! The majority of bloggers don’t share income reports. We had just learned so much from other bloggers who had, so before we started making much at all, we started sharing our income in hopes that following our journey would help others be able to figure out this whole money and blogging thing too! Best of luck with your blog!
We were early movers on this trend. Matt and I recorded 44 videos and launched a money course in June, but the course was so popular that we closed registration less than 60 days after launching to rebuild for Version 2.0. It was amazing to get so many students from around the world to go through the course and provide feedback. Note to self: Don’t launch a course when you are traveling to Europe the next week (that added a lot of unnecessary stress)! While we both made quite a bit of money in the process, the learning was even more valuable. New courses for 2018 are already in development.
Way to go Kristin, your story is so inspiring. I have not started blogging yet, but have started to research the in’s and out’s of it. I have a very busy life with 2 kiddos and a full time job. I want to start a blog about my hobby, but not sure how great of a writer I am, and much time I need to commit!
Great article I’ve been a plumber for over 25 years and was thinking of starting a plumbing blog withe free help and advice do you think this blog could make money and would it be difficult to set up ?
Did you do your 301 redirects so that googs knows it’s really the same domain, just with a different name? I also changed domains—twice. yuck. Nobody was reading me back then, but it’s not fun while you’re going through just the same.
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Affiliate marketing is the easiest way to make money because you can promote a wide-variety of products. Just about every popular store like Walmart, BestBuy, Amazon, and others have an affiliate program.
Another option for creating a paid membership site is to create private forums that users must pay to get access to. Forums are a great way for your audience to get one-on-one advice from you. Other members of the community can also interact and help each other out.
If your blog brings in high traffic levels then displaying Google adverts can be a quick and easy way to make steady revenue. If your blog is good at keeping your users on the pages then these types of ads can work well for driving high conversions, especially with in-post ads.