In terms of earning passive income, various strategies and ideas are floated around a lot, with one of them being blogging. The question is: do you earn an income through a blog? Yes, in a word. We will be discussing this topic Passive Income Blogging
Four Bloggers who Earn a serious cash
As we are discussing Passive Income Blogging. We’ve all heard of claims that bloggers can earn up to seven figures a year. However, is that true? Do some people make a significant amount of money by running blogs online?
While it’s true that it takes effort and certainly isn’t commonplace, it’s certainly feasible. Take a look at any of the bloggers listed below, who all have changed their lives by developing blogs that generate an income that is high-quality and passive each month.
- Jeff Rose has a successful personal blog about finance named “Good Financial Cents”, which brings his monthly blog earnings of $12,000.
- Robbie Richard of RobbieRichards.com generates more than $60,000 annually in affiliate income without spending a penny on traffic or advertising. That’s not even counting his streams of income from the blog!
- It only took Lena Gott of the What Mommy Does blog just ten months to reach 10,000 monthly Most importantly, she is only working 20 hours a week.
- Ramit Sethi of I Will Teach You to be Rich is a millionaire who earns millions a year from his blog. Additionally, his blog has opened the way for bestseller books, six-figure speaking opportunities and a myriad of seven-figure courses and business endeavours.
These are only four examples. It’s fairly easy to find over 4000 instances of bloggers earning a steady income full-time through blogging. Thousands more use blogs as a passive, supplementary source of revenue to pay expenses or improve their lifestyle.
Also, it does not matter if you’re hoping to earn $300 per month or even $3 million a year — blogging can assist you in reaching your goals.
The secret to earning money from blogging is to be prepared with a strategy. It’s not as simple as throwing some words in cyberspace and expecting them to come back with dollar symbols. (That’s very unlikely.) You must instead be mindful of your actions.
Each blog owner has a formula for success; here’s the three-step guideline that can improve your chances of creating your cash-making blog.
Step 1: Create your blog.
The first step is to start an online blog and then launch it on the internet. In many ways, it’s the easiest step. But there are many aspects you’ll need to know when you’re trying to do it right the first time around.
As per the blog Starter that has helped many people create successful revenue-generating blogs, there are six general actions to take when beginning your blog. Four of them happen during this first step.
- Choose a name for your blog. Begin by choosing the blog’s name. The name should be directly connected to your chosen topic or name. It should be straightforward but clear. Also, it must have an available domain. The best domains for blogs include between one and three words. If you can, try the high-level domain (TLD) which is either .com, .org, .net or .co.
- Create your blog. Once you settle on a name for your blog and locate an available domain, you’re all set to create your blog and get it up and running. To do this, you’ll need a site hosting service for hosting your site online. Additionally, you’ll require the content management system (CMS) to assist in populating your website in an attractive and user-friendly manner.
- Modify your blog. Armed with a blog host and a website builder, it’s now time to personalize the look and experience of your site. You can choose to modify your template/theme from scratch or hire a custom web designer to build your website for you.
- Create and publish your first article. The time is now to write the first post on your blog. We suggest starting with a “pillar blog post.” It is a long, hefty blog article — perhaps a couple of thousand words that serve as your blog’s foundational SEO copy.
If you’ve checked the box on each of the four things, you can legally declare you have an official blog. This is greater than 99.9% of users could affirm, so be sure to do yourself a big pat for a well-done job. We will be discussing Passive Income Blogging in this blog post
Step 2: Monetize your blog.
The blog you have is an aspect. But, you’re not creating your blog to ensure you can write down your thoughts on the internet. The reason you’re starting a blog is that you’re hoping to earn some substantial passive income. This means that you need to increase the amount of money you can earn. These are the top four popular ways to monetize your blog:
- Affiliate Marketing. Once you have an unstoppable flow of visitors to your site, you can leverage affiliate links to profit from this traffic flow. With this technique, you don’t need to have those products. It’s just a matter of driving customers to the products of others and receiving a percentage of the sales you make.
- Banner Advertisements. Advertisers will pay for an online “billboard” of your site in the form of an advertisement banner. They typically pay according to the analytics of your blog. This includes monthly visits as well as engagement, conversion rate etc. If your statistics are, the higher you can cost.
- You are selling Digital Products. One of the most effective ways to monetize your business is to create an enduring following by providing high-value free content. You could increase sales to followers in digital goods like ebooks and courses in the future.
- Offer to coach. If you have specific skills or services you’ve perfected, There are always those seeking to improve their skills and duplicate your success. One method to make money from this is to market coaching services through your blog. If done correctly, you could be able to offer thousands of dollars a month to coach. Mastermind Groups are another possibility.
Each blog’s monetization strategy will have a different look. Some bloggers earn 100% of their revenue by leveraging affiliate marketing. Others concentrate on the sale of their courses and digital products. Some bloggers combine all of the above. You’ll need to determine what best suits you.
Step 3. Automation and outsourcing of your blog.
The process of monetizing your blog successfully is a thrilling experience. No matter if you’re making a few hundred dollars a month or hundreds of dollars, it’s incredibly satisfying in watching your blog evolve from a concept to a published site to a cash-making machine.
But, unless you enjoy the idea of working 40 to 60 hours each week creating content, enhancing your website, or keeping track of your email inbox, you’ll need to figure out ways to convert your revenue to a passive income. There are two main methods to achieve this:
- The first step is to automatize. Find tools that simplify the tasks that you’re tired of and incorporate them into your blog workflow. Some applications automate marketing via email, social media and list segmentation and writing headlines, proofreading, making appointments monitoring analytics, identifying links-building opportunities Optimizing images, automating business payment and much more. It’s important to ensure you’re using the right tools to work in conjunction. It is possible to utilize Zapier and IFTTT to connect multiple applications.
- There are only so many things you can automatize. In the end, you’ll have to build an army of highly skilled professionals to help you tackle the tasks that require human effort and creative thinking. This is the point where hiring independent contractors and virtual assistants come into the picture. To get the best outcomes, you’ll likely need to start with a professional copywriter on a contract basis to help with the burden of creating content and a virtual assistant to assist with administrative tasks. As time passes, you can grow to include more authors and assisters. You might also want to employ an operations manager and a sales expert to help get your sales numbers rising and in the right direction.
There is no need to automatize or outsource everything in one go. Begin with jobs that take a long time and are inconvenient. Also, if you are not a fan of the SEO aspect of blogging, then there are plenty of SEO professionals willing to take on the task for you. If you spend 2 hours a day responding to emails and comments using a virtual assistant, it is a wise choice.
Once you’ve cleared the most tedious and time-consuming tasks completed, then you can simply let the work go from there. Try automating/outsourcing one new task every week. Sooner or later, you’ll need to dedicate a couple of hours to create your blog instead of many hours. You’ll also realize that increasing your earnings is simpler when you’re not the only person creating posts, running promotions, and selling items.
Ready, Set, Blog!
There’s no guarantee that you’ll suddenly earn 10,000 in passive income per month by starting with a blog. If you follow the above steps and are committed to improving your plan, you’ll soon be able to generate an ongoing income stream.
Your initial income maybe just one hundred dollars per year. After that, it can be increased by $1500 per month. The next step is $5,000…and then. It will take time and a lot of effort in the beginning but you’ll eventually reach your goal. The way forward has been set by thousands of people before you.