What’s the difference between a business and a hobby? People start a blog, hoping to make money. However, instead of making money they end up spending a lot of money on their blog.
Buying a course here, a plugin there. It’s easy to see these purchases as ‘investments’, but are you really moving towards a profitable blog?
Because if you aren’t, it’s just a hobby…but not for long, because you’re reading this for a reason.
Follow these 5 powerful methods and you could be making money from your blog within 30 days.
1. Google AdSense
One of the most popular ways to make money on the internet is by signing up for Google’s advertising network Google AdSense.
This network is one of the biggest and most important revenue streams for Google. It’s really easy to set up and it doesn’t cost you anything to become a publisher.
All of this makes it sound like a no-brainer, but is it?
Well, as with everything there are also negatives.
The banners are designed to get people OFF your website, while you want them to stay. Also, they are quite ugly and if over used will definitely make the user experience less pleasant.
Also, you need quite some visitors to receive a descent AdSense income.
However, if you are looking to make your blogging hobby an income stream and you don’t plan on depending on just AdSense, installing it and leaving it alone for a few months might make for a great source of passive income!
If you have WordPress, there is a great official plugin if you search for “Google Adsense”. It comes with a live editor on which you can pick the places to show advertisements on your website.
Signing up for Google Adsense is as easy as logging in with your Google account, and if you have reached the amount of $10,- on your account you can set up your payment details.
Go here to log in with your Google account and set up AdSense: https://www.google.com/adsense
2. Affiliate Marketing
So, you started your blog, wrote some awesome content, attracted some visitors to your website. But the money from AdSense will not make you rich in a million years. If you want something that’s going to make some real bucks, and go from hobby to a biz, you need to play with the heavy weights.
Putting some ads on your website is one thing, but if you want to start being an affiliate – you could damage the relationship with your readers, so you better learn the rules of the game.
But first, what is affiliate marketing?
If you don’t have any products, you can promote other peoples products and make some serious money…if you do it right of course.
Pat Flynn from SmartPassiveIncome has a resource page on his website, and i once read that just that page makes him over $2000 in affiliate income each month.
That’s more than some people earn working 40 hours a week. And he does not sell his own products (yet). If people click a link and buy one of the products that he is an affiliate for, he gets a nice commission.
So here are the rules, they are simple:
- ONLY promote products that you have used, and your readers would benefit from.
- Don’t damage the trust of your readers, your audience is your #1 asset.
Some companies have their own affiliate programs. LeadPages for example, allows you to be an affiliate for their software if you have a pro account. Also, plenty of hosting websites offer affiliate programs like Bluehost and HostGator.
But if you want to actively try to find products that you love and could be an affiliate for, you can start with these:
The best way to promote affiliate offers is through your blog, but the most effective way by far is through your e-mail list.
Don’t have one yet? No worries! You can get introduced into the world of e-mail marketing quickly by reading this post.
Just remember the rules!
3. Create Your Own Products
Now this is the part where you might say to yourself:
“Okay, hold on. Pull the handbrake right here. I. Cant. Possibly. Create. A. Product”
If your hands start shaking at the though of creating a product, then yes, maybe you’re not ready for it. But if you feel that you have a lot of knowledge to share, why not pass it on to your readers by creating a product with your personal touch?
I haven’t made my own products yet, but as i like writing, this is definitely something you can expect from me in the near future. Some entrepreneurs create a book to sell every other week. This takes a lot of discipline, knowledge and practice, but it’s possible to create one every week, like Ryan does.
What subject do you know a lot about that you could possibly create a product on?
Here are some resources to help you get started:
4. Create A Membership Website
Recurring income. The holy grail of making money online. Are you one of those people who have their audience on point, but who don’t yet have made the step to monetize your website?
A membership website is one of the best ways to create a dependable recurring income for yourself each month, as you work from wherever you want.
Copyblogger was once ‘just’ a blog, before Brian Clark turned it into a multi-million dollar business.
You don’t have to wait until all the stars are aligned, just start. You can start with a low monthly fee and increase it over time as the value of your membership site increases.
Not all the information you have should be given away for free, and your audience knows this. Don’t be shy, just charge them a fair amount and they will be more than happy to pay for it 🙂
5. Offer Your Services
Have the expertise, but don’t feel like creating something? Why not offer your services!
Sure, you’ll still be working for other people or companies. But think about this:
- You set the prices.
- You get to choose who you work with (and don’t)
To offer your services, people have to view you as an authority on the service you are selling. You can do this through networking, blogging, podcasting, video or through whatever channel people in your niche prefer to consume.
I know people who use Facebook as their primary channel and it works out for them. They add so much value, that if they open a couple of seats for a $20.000,- private coaching program, it’s full within 5 minutes.
Needless to say, people won’t show that kind of money if they don’t know that you can help them. This is why showing your expertise is so important.
Now It’s Your Turn
The internet is full of money making opportunities if you know where to look. Are you creative? Try selling your products on Etsy! Are you good at optimizing SEO titles? Why not offer your service on Fiverr!
I’d love to know if there is an interesting way you made money from the internet, or if you have any questions about the ones above. Just leave a comment!