How to Make Money from Your Blog
Been blogging for a while? Want to start turning your hobby into a business? There are tons of bloggers making a full-time income from their blogs! However, you need to know that making money from your blog doesn’t happen overnight! There is no set timeline for when you can start making money. It can take months, even years to build your blog up to a level where you can start generating income.
The key to speeding up the process is to work smarter, not harder. Do your research, look into improving your blogs DA (domain authority), and make sure that your social media accounts all look professional and consistent. There are lots of ways to monetise your blog but you need to find the method that will work best for your blog. If you’re willing to put in the work, here are some ways you can start to earn money as a blogger.
Before you can monetise your blog
If you want to make money from your blog, your website will need to be self-hosted! WordPress.org is free, but you will need to host your files on a server (I’m currently using hosting provider Lyrical Host and pay less than £10 a year!).
If you would like to buy hosting from Lyrical Host use code “BEEMONEYSAVVY” for a 10% discount!
Hosting and domain names come at a cost, but you won’t be able to monetise your website if you’re using free hosting from WordPress. After buying my domain and hosting I started to make a profit within 3 months.
Why you can’t make money from a free website:
- A free blog is a lot less appealing to potential collaborators.
- If you use a free service, you do not have full ownership of blog or content (so they can remove it at anytime).
- You will have limited options to customise your design.
A popular starting point for newer bloggers is affiliate marketing. Affiliate marketing allows you to earn a commission for sales that are made when your readers use your link to make a purchase. Amazon have a very popular affiliate program, but you should find an affiliate network whose service/products that suit the niche of your blog. If you look in the footer of most major retailers you can often find information about any affiliate programs they may have.
Similar to affiliate networking, many services offer ‘refer a friend’ schemes too! As a money blogger I love using these referral schemes to help my readers get a good deal (and bag a bonus for myself). I promote a variety of referral schemes on my blog to make some extra money.
But please do remember when posting affiliate links that your audience trusts you, you have a responsibility to be transparent about your affiliate links. You are quickly going to lose the trust of your readers if your only focus is to make money from them. I only advertise products and services that I have personal experience with and would genuinely recommend.
Sponsored posts are a great way to earn a passive income from your blog. With this method of income generation the company pays the blogger an agreed amount in exchange for a post that promotes the company or links back to them. Payment will, of course, vary depending on the success of your blog.
When stating your rates of pay please remember that you are offering a professional service and should be fairly compensated. Far too many newer bloggers are taken advantage of by companies.
If you want to start monetising your blog with sponsored posts, you will need to take action to find the opportunities! There are lots of different influencer networks and agencies that you can join, a good place to start is Get Blogged, Bloggers Required, and Guest Bloggers Wanted. PR and sponsored opportunities are often advertised on twitter using the hashtag #BloggersWanted. You can also pitch your blog to brands directly. This may seem intimidating but is highly rewarding when you start to see results and a great skill to add to your resume!
Another way you can monetise your blog is through paid advertising. Banner Advertising means placing a banner style ad on your blog, usually in your sidebar, footer, or within the content of your posts.
There are different ways you can go about adding advertising to your blog. You can set up your own advertising packages, offering ad space on your blog. I’ve seen bloggers advertise this option in their sidebar. You could also promote your advertising space via Awin or other afflicted networks.
Alternatively you could look to apply to an advertising network such as Google Adsense, PropellerAds, Media.net, and Mediavine. These services will pay in a variety of ways including pay-per-click (a sum each time someone clicks on the ad) and pay-per-sale (a sum each time someone makes a purchase from the ad). Advertising platforms usually pay a much higher if you surpass a minimum number of monthly viewers.
Use your blog as your writing portfolio! Show off your writing skills and your niche specific knowledge. Once you feel confident in your writing start you could start sending out emails to individuals and companies related to your niche pitching yourself as a freelance writer. You could also advertise yourself as a freelance writer on Fiverr.
Turn Your Blog into a Business
Remember that all good things take time, focus on creating the content you enjoy and don’t undervalue the work you do! Are you ready to turn your blog into a business? Check out these useful posts to help you on your way.
- How to Start Your Own Blog
- Free Tools for Bloggers
- Tips to Help you Automate your Blogging Business
- Lucrative Ways To Optimise Your Blog Advertisements
- Find Paid Blogging Assignments with Get Blogged
If you’re looking for more blogging guidance I’m more than happy to answer questions. Drop me an email or message me on social media and I’ll see how I can help!