Income Streams from Blogging – Part 2
In part 1 we explored the possibilities of monetizing your blog through advertising, affiliate marketing and products. Let’s take a further look into other income streams that you could apply to your blog to make money from your blogging. Remember that this project starts first with launching a blog, creating useful content, gaining readership, then monetizing.
Remember that this project starts with launching a blog, creating useful content, gaining readership, then monetizing. If you’ve not yet launched a blog, here are 6 easy steps to set up your WordPress site.
Income through Services
Once you’ve built readership and trust, a common way for bloggers to make money from their blogs is to offer their services to their readers. These services could range from content writing to editing services, coaching to consulting, freelance services, designing, training and promoting.
In this instance, there’s no middle man like affiliate marketing. The direct business decision between the blogger and the client allows both of them to arrive at a suitable fee.
Income through Events
From the onset, organizing events may not be possible for a new blogger, but as the blogs traffic grows and it becomes better known, the possibilities of organizing blogger/writer oriented events such as conferences, webinars, workshops, meet-ups, summits etc, offers great opportunity to make money as well as the chance for face time with other like-minded people. The upsides are many.
Income could be derived from aspects such as special membership programs for premium content or for some form of service. A quick example is a platform that hosts writing competitions or reviews and needs paid membership in order to become part of such community.
Money from Offline Business
Your income could also improve by using your blog as a promotional tool to build your credibility in your chosen niche. With time you become a recognized figure in that industry and this could lead to the approach of others who want you to give a speech to an audience for a fee, to coauthor a book, organize a program, be a brand ambassador and so much more.
Other Streams of Revenue
There are many little ways that a blogger could apply to earn some income. Some add PayPal donation buttons asking for support to their blogs like the one that I have, collaboration with other bloggers one way or the other, and some popular bloggers eventually go on to sell their blogs as a brand, for a fantastic figure.
Making money from blogging takes lots of patience and persistence. Diversifying your income streams through the various methods mentioned and more as well as your marketing approach would help get you on track to where you want to be as a blogger and reduces the risk of the painful process of slow income growth.
Just bear in mind that making money from blogging doesn’t just happen by sticking up a blog post and hoping that tons of visitors will come. You must be willing to put in the time that it takes to create quality and useful content, network and build relationships with others, experiment with as many methods as you can, till you find the effective mediums that work for you.
I hope that you find this article helpful on your journey to fulfilling your dreams of turning your blog into a money-maker. If you’ve tried any of these methods, it would be wonderful to learn from your experience.
I’ll keep sharing little tips and tutorials on how to make the best from your blog and it would be awesome if you could subscribe to The Art of Beautiful Expressions so that we can do this together.