How Blogging Can Make Money for You in 2020!
How Blogging Can Make Money for You in 2020!
Newbies, just like you, often asks questions related to monetizing the blogs. These questions are like; making money with blogging, how one can make money using different ways and the amount one can achieve, what niche helps in making more money; is it Life or other than that? So, here in this article, we will be looking at this perspective of blogging and how you can go on with it.
Many times back, people opted for blogging just as a part-time or as a hobby in addition to their full-time jobs. Blogging is still in the limelight but there has come a lot more in it.
This year, blogging is a whole new profitable profession people in great numbers are going for it, and this has become a noble profession. Before going for the money part, let’s see what potential it has got.
The Potential of Blogging In Terms of Money:
Like every other existing profession, blogging also comes with different money rates; $1000-$2 million per year.
The chart above is taken from ShoutMeLoud. This shows the income of about $434/month and now it shows $30,000/month.
The money you make with blogging depends on certain things which are as follows.
- The niche you are pursuing.
- The time you spend on learning and implementing.
- Trafficking to your blog.
- Digital marketing techniques you are applying.
Apart from that, it requires factors like consistency, networking, motivation, and goals you set.
But the most important things in this scenario are the niche and digital marketing skills that help you grow really fast.
Ways to Make Money With Blogging:
Provided in many ways you can easily monetize your blog. Whatever niche you choose and whatever your level of blogging is, you can go for any of the explained methods.
- Ad Networks like AdSense, Media.net
- Direct Advertisements
- Affiliate marketing
- Native Advertising
- Paid reviews/Sponsored posts
- Sell Digital products (eBooks, Blueprints)
- Online Course Launching
- Online consulting offers
- Skill-based other services offerings.
You can always go for other advertising tricks, like, you need to focus on your advertiser instead of putting ads one by one. Don’t rush for adding ads to your blogs, one high paying ad is better than many low paying ads.
1. Ad networks: (Beginners)
These ad networks are simple and the best way to monetize the blog, especially for beginners. The two most common and popular ad networks are:
- Google AdSense (Offered by Google)
To get access to these ad networks you need to get your blog approved. After that, these ad networks start showing ads automatically according to the context of your article and user interest. Beginner opts for this for the frequent income offerings. These ads are of quality standards, so the user experience remains intact.
If your number of views per day is less than 300, then there are other options you can get, but you should put the above two on the priority and work to get their approval.
If with the contextual advertisement you get pretty low, you should jump towards the direct advertisements and affiliate advertisement.
2. Affiliate Marketing: (Intermediate + Advanced)
It is surely the most profitable method and many bloggers love it for money-making through blogging. Affiliate advertisement can bring a lot of money to you because of a single big sale rather than a single click on a contextual ad.
The following picture is of the affiliate income of a program through a one-month period.
The famous affiliate marketing options are:
- Amazon Affiliate program
- Commission Junction
The best part of affiliate marketing is that it evenly supported many blogging platforms like Wix, Squarespace, Medium, or LinkedIn.
The process of affiliate marketing is that you need to share the affiliate link of your recommended product and when that product gets a purchase, you will get a commission in response to that sale.
Affiliate marketing is one of those ways of making money with blogging in which you can easily get millions of dollars in a year.
3. eBooks Sell: (Intermediate)
If you ever took a close look at online business via blogging, you could have noticed that top bloggers make money through selling their own products like eBooks.
What you require is to choose a topic, take out all the necessary data regarding that topic, compile it in an eBook and start selling it on to your blog or on Amazon. You can make a huge amount of money with this if you are comfortable with eBook selling, plus selling your own product has the potential in generating passive income.
You can create a pile of your articles in an eBook and sell it via your blogs and through areas like kdp.Amazon.com for pretty decent money. You can then be called an author of an ebook. EDD WordPress Plugin will help you in that work, see the below image for a rough idea.
Also, freelancing places like Fiverr will make an easy way for you for the design of your book cover.
Other than that, considering physical products via your blog using WooCommerce is not a bad idea when it comes to making money.
4. Native Advertising:
If you want to know about the leading option among the rest, then Native advertising is the answer. Blogs like News and Jobs can make handsome money with Native advertising.
Some examples under the Native advertising are given below worthy of your time and effort you make in implementing them.
- Outbrain (offers highly-quality native ads)
- AdSense (offers native ads)
5. Online Course Launch: (Advanced)
This is for advanced level bloggers. But before using this option, ask yourself a few questions.
- Do I know how to convert textbooks into a video format?
- Do I know how to add a checklist, downloadable templates?
- Do I have the potential of creating a 1-2 hours video course?
If you get a YES for all these questions, then this method is waiting for you. The technological revolution has made online courses easy, you can launch your own unique online course and the chances are highly likely that you reach $1 million.
The image below is of ShoutUniversity offering WordPress, Affiliate marketing, and AdSense through videos.
For this online course selling, you can go for options like:
- LearnDash (WordPress)
- New Kajabi
6. Direct Advertisements: (Intermediate)
This is true that AdSense is a remarkable advertisement program for bloggers, but it has a downside, that is, it offers the amount paid per click.
If you know the tactics of holding direct advertisements, then you should kick AdSense units out and keep in direct advertisements.
To use this option of money-making with blogs, you are supposed to bring diversity in the networks, you have to add a page on your blog which is “Media-kit or Advertises with us” for getting new deals.
The plugins like WPAdvancedAds can help you manage the ads. You can also create a professional email address like firstname.lastname@example.org using Google apps.
For a pro like an experience, you can also avail HubSpot Free CRM to make it all set up for you.
You can avail of this workflow setup using HubSpot Free CRM.
7. Sponsored Reviews and Posts: (All level)
Paid reviews are the easiest and simplest way to enhance your monthly income. You can easily get $10 by simply sharing your quick review of a product or something.
The following websites offer this opportunity you can easily avail:
- Famebit (For YouTube channels)
- Izea Pay per post
8. Campaigns: (Intermediate + Advanced)
Another option to make money with blogging is by running campaigns for brands. Any blogger can opt for this if they enjoy a larger audience base. Your work here is to run campaigns for the brands who want to reach the target audience. This can be done with brand collaboration, running webinars, paid ads or video-making.
Look around yourself, you will find many bloggers using this option, and for that, it is becoming the topmost way to monetize a blog.
9. Skill Based Services:
It is purely depending on your capabilities. Offer services you have full command on, like content writing, logo designing, SEO, etc. Skill-based services are a way to make money and also it provides you with cases that can improve your skills.
You can easily launch your services by incorporating a page in your blog that showcases your services you are offering. Just give it a prominent space for visibility and provide the link on the navbar for that page.
You need to keep in mind the ease of your audience so that they can know about your services and contact you. After working for 2-3 clients, you will be able to put a lot more ideas to improve the sale of your services. You will manage to put payment, follow-up and such other things on the automated level.
Blogging on Life and Making Money:
Some people use Life as a niche for blogging, they talk about happenings in life and attract others. These people post their content on YouTube as Video Blogger and YouTube can also be used for a blog.
Life blogging encompasses topics like:
To grab people, for this niche, you need to be creative, entertaining and your content should be valuable for people following your brand. Keep the style you possess and with consistency, you can do a lot with this area for money.
A question may arise whether a person should focus on blogging or vblogging.
it’s better if you can produce both types of content. Video content i.e. recording, editing, and publishing can make money within a far greater time as compared to text content. Keeping a mix of both is necessary for fast-growing in the field and can produce a significant amount of money.
The days have already become old when there was only one mean of earning with blogging i.e. AdSense. Now, there are multiple ways a blogger can monetize a blog and can increase the potential of money from it.
If you are still using traditional methods for money making with blogging in 2020, then you need to wake up and make a change in your blogging business plan. Start exploring new areas, check the design, and optimize your blog to stand tall at the marketing level.
Blogging Can Bring Money, Is It Right?
There are many opportunities provided in the world of blogging and things have changed. All you need is to be consistent with your work, you need to give proper time at least for a year to start earning decent money with blogging.
Niche for Blogging, But Which One?
If you are confused while selecting a perfect niche for your blogging that will pay you money, you need to see the following factors:
- Jot down the names of all those things you are passionate about, things that attract you, it could be anything; cars, food, travel, etc. Now create a list of topics you find interested and on which you can create content.
- Next things are traffic and trend, the area you choose should ensure traffic. Also, the trend will show the potential of your selected topic if it can grow or not. You can use Trends.google.com for finding the traffic trend of your topic.
- You need to make a plan for monetizing a blog, whether you are going to use AdSense or Affiliate marketing or such other domains.
- There is a tough competition, so before choosing a topic, you need to see the competitors of your selected niche, we suggest you go for a medium or low competition topic.
Blogging Payment, But How?
You can receive the blogging payment around the world through following ways, so you need to set up an account:
- Wire transfer (Your bank)
- CoinBase (Crypto payment)