My 5 Blog Writing For Money Tips
Here are my 5 Blog Writing for Money Tips.
You can definitely make a good living writing blogs and other types of content.
These tips are rooted in a lesson I learned a long time ago when a very wise mentor schooled me. To this day, I still can hear my mentor’s words every time I sit down to write, every time I walk into a seminar room to give a speech, or every time I take the stage.
I will never forget those words he once told me,
"No matter what you ever write or what you ever say, remember: Someone out there needs to hear what you have to say. Your content always matters."
He said don't worry, just keep writing. Keep expressing myself.
Ever since that day, I learned a very valuable lesson.
That’s when I discovered how much money there was to be made when you learn how to effectively leverage your writing online.
There are affiliate links within this post. What this means is that if you decide to purchase anything through one of my links, I'll be rewarded with a small commission at absolutely no extra cost to you. This small commission helps me run and maintain my website.
5 Blog Writing Tips for Money 101: The Steep Learning Curve
Make no mistake. It won’t happen overnight. For most writers (and there are exceptions), it will take at least 3-6 months to see ANY money, 6-12 months to see a part-time income, and at least 1-2 years to begin making a full-time income from your blog.
That’s because there is a lot of content building and a steep learning curve in the beginning.
First you need to build a solid content library. It takes time to build your content library (your website, your content blog of at least 30-40 blog posts, your social media presence, trustworthiness with your readers, relationships, etc.). This building process alone could take 3-6 months.
Even if you are a naturally gifted good writer who can create boatloads of original content with ease, you will still need to effectively monetize your blogging by learning how to create various income streams.
As you can see, the initial learning curve can be steep. It certainly takes a good chunk of time to start a money-making blog, realistically at least 3-6 months of consistent content creation (at least 3-4 articles per week)
However there is an easier way to acquire all the tools you will need more quickly.(Read on).
If you are serious about blogging as a full-time career, there is a tremendous upside once you clear these formidable hurdles.
You will be able to be your own boss, and make your own hours. You will be able to create a laptop digital lifestyle, and work from your laptop while you travel, anywhere in the world! .
So don’t think about it too much. Make a strong commitment, and just do it!
As my mentor once told me, keep writing.
So here are My 5 Blog Writing for Money Tips.
My 5 Blog Writing for Money Tips
Here are my 5 Blog Writing for Money Tips for bloggers to make money (income streams).
1. Affiliate Marketing: This is my #1 tip and my favorite way to generate income through blogging. If you can write and create valuable content on your blog that is helpful to your readers, you will slowly begin to build up a fan base (traffic).
FIRST getting traffic to come to your site is the most important component toward building an income from your blog.
Once you have a steady flow of traffic, you can leverage my #1 favorite way income stream to make money: affiliate marketing. As an affiliate marketer, you promote another company’s product or service to your site visitors (traffic) by placing an outbound link (called your unique affiliate link) often displayed on the right side (widget area) of your article that will redirect your visitor to a place where they can make a purchase.
Should your visitor click the link and make a purchase from the seller (your affiliate program), you will receive a commission from the seller. What is wonderful about affiliate marketing is that YOU do not need to directly sell anything; by simply referring your reader to a link, any purchase they make there you are GUARANTEED to make a commission.
All you need to do is write, engaging and relevant content. I stress relevant since the affiliate products that you display in the body of your articles should always be related to what you are writing in your blog post, e.g. if you are writing a blog about the Best Scuba Gear then you should have affiliate links connected to programs that sell the latest scuba gear and equipment.
The seller (your affiliate program) will pay you a commission for referring that purchaser from anywhere from 3% - 50% of the retail value of the product. As you can see, when there are high-ticket items purchased (such as scuba gear), you can make a very healthy commission from one single purchase.
Now imagine if you had hundreds (or even a few thousand) of visitors reading your article every month. Think of the potential for affiliate commissions from sales you can generate!
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2. Digital Products:
Bloggers create and sell their own digital products. Digital products are awesome because there is no overhead and low risk. These digital products can be distributed quickly and easily and don’t require inventory.
Here are some examples of some digital products bloggers can create:
- Online Courses and Workshops: LIVE teaching courses
- E-Courses: Recorded pre-packaged courses to resell over and over again
- Ebooks – Self-published e-books which can be given away as an incentive or sold for profit
- Premium Content – Pay-to-access content
- Membership sites – Teaching and community mix.
- Music and Photos – Musicians, writers, and photographers sell their content online.
- Audio or video – Create music files, voice overs, or video clips.
- Apps, plugins or themes – For coders who love tech, e.g. WordPress
3. Physical Products
There are many bloggers who sell physical products.
Here are some examples:
- Conferences, Classes or Special Events – Selling tickets to LIVE in-person experiences such as related conferences, classes or special events to their blogs through agents like Eventbrite
- Handmade Products – If you were once in the cottage industry and are skilled at making art & crafts hand-made products (think “wooden dolls”), you can sell them for a profit
- Books and Publications – Bloggers have become published authors in the traditional sense as a result of their blogs.
- Manufactured Products – Make your idea a reality by finding a manufacturer to produce your product
- E-Commerce Retail – Selling their products such as DSLR cameras, watches, jewelry, etc. through their own e-commerce store such as Shopify, or through Amazon.
An increasing number of bloggers have started selling physical products in recent years. It can be profitable, but not my favorite method due to high maintenance; as tracking manufacturing, keeping inventory, shipping, returns, etc. can get complicated.
Drop shipping (a process where the seller does not have to bear the risk of holding any personal inventory) is an alternative that has become increasingly popular today.
4. Related Services
There are bloggers who leverage their expertise related to their blog topic and get paid when others hire them. Services can be offered in the virtual space as well as the physical space.
Here are some examples:
- Public Speaking –Bloggers now are finding speaking gigs as a result of becoming influencers as a result of their blogs
- Freelancing - Offering a service related to anything about their blog. For instance, personal 1-on-1 coaching, mentoring, writing classes, or a skill in any niche (e.g. musical instrument repair)
- Interior Design, Fashion– Bloggers provide in-person services to their local readers in any area of personal expertise that they have written about in the blog
If you can leverage a skill you already have, this can be an excellent side hustle. However, the downside of this activity is that you are trading time for money. You can only earn as much as your time allows. In addition, this activity is not scalable;
The idea of creating a successful blog is to generate passive income streams, where you can ear income while you sleep.
Click Here to Learn about How I Earn Money While I Sleep.
5. Advertising & Sponsored Content
Companies may be interested in advertising on your blog posts if your readers fit their ideal customer demographic. If you have a high steady stream of traffic, they will pay you a handsome sum to get to those ideal customers.
Here are several ways to bring advertising into your blog:
- Sponsored Posts – You write posts mentioning their product, and companies will pay you for it
- Reviews & Giveaways – You highlight their product on your blog, and companies will pay you for it (or at least provide you with one of their free products)
- Display Ads – Graphics displayed anywhere within your content, namely your widget area, header, or footer
- Podcast, Newsletter, and Video Sponsorships – Companies will pay you to advertise in your emails, mini commercials in your videos, or podcast episodes
Advertising requires a lot of traffic to be truly profitable. Although it is easy to start, this barrier to entry no longer makes this popular income stream for bloggers as lucrative as it once was.
With everyone being bombarded these days with so much irrelevant sales content, there is also a high risk these days of alienating your readers (who wants to be assaulted by the ads?) Thus it will make your site look high pressure salesy and cheap.
Definitely this my least recommended way of generating an income stream.
Blog Writing for Money: 7 Final Things
Here is a final note I’d like to share.
Whenever I feel like I fall short in my writing, I can always draw great strength from former mentor’s teachings, and go back to that ONE thing.
I always remember these 7 Final Things:
- A Great Story and Lesson Told is never wasted
- Great content which informs matters no matter what the content is
- If it was important to voice it, someone out there needs to hear it
- Someone, somewhere is benefiting from the message in your great story
- Your writing is constantly being honed
- In the process, you are learning through trial and error what topics work for your audience
- A Great Story can catch fire later, and if not you can always tweak it
Becoming a great blogger is a constant journey.
Like anything else in life, you will need to fail many times along the road to success before ultimately creating a blog that creates multiple steady income streams. . Learn to embrace that journey.
Onward and upwards. Always my friends.
Yes, like my mentor I believe in you.
Keep writing. Always Keep Learning.
And above all, always keep Taking Action.
Soon I know you can become a great blogger with our own voice.
Earning a full-time income from your blog.
Access all the knowledge available.
Follow my 5 Blog Writing for Money Tips, and you too will definitely succeed.
Please feel free to leave your comments, and thanks for reading.