I sometimes feel, these blogging posts are unnecessary, due to the sheer amount of them being available online.
However, I want to give the people what they want regardless of the amount of info there is on this topic.
Yes, you can make a full-time income blogging
In any niche, you can make a full time income from it. BUT! You must understand that the money alone, will not equate to your happiness nor keep you consistently motivated.
Blogging is a long term game. Where you hardly make anything at the start, even with all the effort you muster to put.
Which is why I want to say, DO NOT DO IT FOR THE MONEY!
Instead, you should pursue your passion. For example, if you enjoy talking about music, you can create a blog revolving around that, or any other subjects you love.
This will allow you to work harder and to never quit.
In essence blogging is good as you can literally talk about anything. But with blogging there is a MASSIVE learning curve that you will need to prepare for.
If you want to skip this learning curve, check out my post 10 Important Blogging Lessons I Have Learned.
Blogging Income Streams
There are multiple income streams when creating a blog.
- Private ad sales
- Affiliate marketing
- Your own products
- Sponsored posts
- Ad networks
- Subscription Services
- Newsletter Ad Lists
To make a full time income, it consists of a few different income streams, some of these can be more profitable than others.
Keep in mind, once you have a good amount of traffic, you can start generating revenue a lot easier.
Private ad sales
Private ad sales are spots on your website that you sell to advertisers. You can find these advertisers on websites like indiehackes.com.
But, this depends on your monthly traffic, and if the niche is related to the advertiser.
Affiliate marketing is one of my favorite ways to create an income. There are ones which give you a recurring income like SEMRUSH. And others that have a one time sale. The benefit of these one time sales, is the payout are sometimes larger.
You can find these offers from websites like MaxBounty, clickbank and googling top affiliate products for your niche.
Creating your own product
Creating your own product can be VERY lucrative. Though its time-consuming, the benefit of it is the following…
You can set your own price, which could increase your revenue. And you can allow affiliates to promote your product, which will reduce the time you spend on marketing the product.
Sponsored posts, are pages that are dedicated to a company or a product. Sponsorships are at times very lucrative, if you the right amount of traffic.
You can seek sponsorship deals by contacting companies directly. And list on your blog that you are willing to accept sponsored posts.
Ad networks is the most popular way a blogger generates revenue. Depending on the niche, it can pay you really well or quite badly.
But for the most part, ads do not pay you that well. You can apply for them by searching on google top ad networks.
Some ad networks have a list of requirements before you can join, but these ad networks generally pay a lot more than Googles AdSense.
If your blogs purpose is to inform or educate. You can create a subscription to allow users to gain some information or latest post for a monthly fee.
One of my personal favorite ways is to create a mentorship group.
By hiring an expert, you can instruct them to help your members in the industry he/she has experience in.
You can then advertise the group to your traffic, by allowing them to join for £9.99 per month.
Experts can be found on websites like…
Fiverr.com, and upwork.com
Newsletter ad lists
If you have a large newsletter list, you can sell ad spaces on your newsletter for certain companies. You can do this by talking to members of indiehackers.com.