There is no one-size-fits-all approach to making money online. However, you can follow a series of steps to build a profitable blog that suits your unique talents and skill set. The following advice will help you get started and give you a framework to build your business around.
Set Up Your Blog
When it comes to making money online, there are plenty of options. You can become a social media influencer and make money from adverts. You can also become a copywriter for corporate brands, launch a digital product, or become a vendor for Amazon FBA (full-blown affiliate marketing).
What you choose will depend on your skills, your time commitment, and your knowledge of the subject matter.
It is a good idea to think about what you are passionate about. If you want to write about fashion, for example, you might want to set up a blog around style tips or style advice. You can then draw on your personal experience as a style influencer to help your readers see things from a new perspective. If your passion is more about business, you might want to set up a blog to discuss the latest news or developments in your industry. If you are a natural at talking shop, you could even create a podcast to go with your blog.
Keep in mind that this is just an example. You can base your blog around any subject matter you choose as long as you can develop content that is both interesting and profitable. The key to making money is to create high-quality content that is both engaging and helpful to your audience. If you can do that, even if you only have a small audience at first, you are on your way to creating a profitable blog.
Become a Vendor On Amazon FBA
If you’re looking to build a business around writing, you might want to consider starting a blog with the goal of eventually becoming a vendor on Amazon FBA. With this program, you essentially operate a shop from which you can sell products linked to products showcased on your blog. If you are just getting started with less than 5,000 words of content on your blog at the time of sign-up, you can take advantage of the free tier (which grants you access to all of Amazon’s tools and capabilities).
Once you have established your blog with a few thousand words of content, you can move to the paid tier (which costs $5/mo). With the paid tier, you get access to just about everything on Amazon FBA, including specialized tools like Amazon Transcribe to take your voice recordings and turn them into text. You can also take advantage of Amazon FBA’s click-to-call function to set up your own phone numbers for your store. (More on this later.)
Blogging As A Business
One of the things you need to consider when you are establishing your blog is how you intend to monetize it. Do you want to use display ads, product reviews, or affiliate marketing to make money? There are pros and cons to each option, but ultimately, you need to decide what works best for you. In the next section, we will discuss some of the viable options available to you.
Display Ads
In the beginning, a blog might not make much money from display ads. However, as you grow your blog and begin to attract more and more paying subscribers, you can choose to implement various types of revenue streams. One option is to integrate with a third-party advertising platform like RevAds or HubSpot to monetize your content. Just remember that you need to be ready to put in the time and effort to learn the ropes of marketing and advertising if this is the route you choose.
Product Reviews
If you are passionate about a particular product or niche, you can create content marketing campaigns around that topic. If you are reviewing products for a living, you can choose to establish yourself as an expert in your niche and then choose which products to review. For example, if you are a lifestyle blogger, you might want to review products that are in line with your blog’s theme or if you are a health and fitness blogger, you might want to review products that help get you in shape. You then write a short review that is relevant to your audience and post it on your blog.
As you gain experience, you can choose to review more sophisticated products that are within your niche. Ultimately, you want to find a balance between high-quality content and profitable content so that you can continue to establish your blog as a source of information for your community.
Affiliate Marketing
There are plenty of ways to make money from affiliate marketing. Depending on your niche, you can choose to review products related to your niche or you can choose to build a list of product links that you can then promote on your blog. Many affiliate marketing platforms like Wealthy Affiliate provide you with the tools to build a brand reputation and generate sales from content that you create.
Get Out Of The House
If you are serious about making money from home, you need to get out of the house. You can’t possibly generate any income while at your desk. Instead, you need to find a way to connect with a community and go where your readers are. This might mean finding a co-working space, joining a gym, or starting a Facebook group.
At the end of the day, you need to find a way to make money from home. You might want to consider applying for one of the many job openings available, freelancing, or developing a niche in a market that you know well. But none of these things will generate any income if you don’t have a way to monetize your content. Building a profitable blog from the ground up is a long journey, but it’s worth it.