The Best Ways To Make Money Blogging in 2021.
By: Deepak Kumar Soni
Tags: Digital Marketing, Digitalmarketingstrategy, Moneymakingblog, Make Money Online, Onlinelearninganalytics

The Best Ways To Make Money Blogging in 2021.

The Best Ways To Make Money Blogging in 2021.

How Do You Make Money Blogging?

The moment you decide to use your blog to make money, you’re no longer just a blogger. At that moment, you also become an entrepreneur, and your blog becomes a small business.

You’ve probably heard of financial planners giving free seminars to attract clients, right?

Well, blogging is a lot like those free seminars. You’re giving away your expertise and knowledge in the hopes of attracting customers and then gaining their trust.

In other words, if your goal is to make money with your blog, use it as a lead generation mechanism. Nurture those leads until they are ready to purchase, and the profit can quickly snowball.

Here’s How to Make Money Blogging..

Set up your blog Write content that gets lots of traffic Convert visitors into email subscribers Send those subscribers content that builds trust Send those subscribers content that builds trust Sell products or service content that builds trust

The problem ?

It’s hard to do. The process is simple on the surface, but each steps is enormously complicated and requires extraordinary skill. Especially the last one. For instance, do you want to sell your own products or services? If so, which ones? Here are just a few of the options:

Make money blogging by selling these types of things Or.. what if you don’t have any products and services to sell ? What should you do then?

Well, you can also make money blogging by selling someone else’s products and services.

The most conventional( and least profitable) method is selling advertising. where you allow companies to promote their products and services to your audience in exchange for a fee. You can also form partnerships with other companies, promoting their products and services and earning a commission each time one of your readers purchases. This is called “affiliate marketing.”

Which model should you choose? What should you do?

Well, I can give you my thoughts. After a decade in this business, I’ve learned a few things, and I believe some of them might surprise you…

Don’t Sell Advertising( or Use Google Adsense)

Ask your average beginner how they plan to make money blogging, and they’ll say they plan to sell ads on their site. After all, that’s how big newspapers and magazines monetize, so why not them? But it’s a mistake.

The next most profitable strategy would have been a partner with other companies, collecting a commission on each sale as an affiliate.

The point?

If you have an engaged audience that trusts you, and you’re trying to figure out how to make money blogging, selling ads is never a smart move. And that includes all the variations like Google Adsense, sponsorships, and advertising networks. None of it will make nearly as much money as promoting your own products or earning commission from promoting someone else’s.

Start with Affiliate Marketing(or Services)

As I write this, it just so happens that I’m in the initial stages of starting a new blog(more details to be announced soon). It’s in a completely different space where I have no products, so I’ve been pondering the best way to monetize it, and here’s what I think…

Affiliate marketing is the smartest strategy.

If you’re not familiar with the team, it’s a business model where you endorse other people’s products or services in exchange for a commission. On software and information products, affiliate typically earn a 50% commission or sometimes even more, so it can be quite lucrative. Pat Flynn, for example, makes over $100,000 a month in affiliate commissions. Here at smart Blogger, we mostly promote our own products, but we also make a tidy sum promoting LeadPages and SiteGround.

Granted, you won’t make that kind of money when your blog is small, but when you’re just blog is small, but when you’re just starting to learn how to make money blogging, affiliate marketing is still a good way to start for several reasons:

It’s faster. Instead of investing months, years creating a product, all you have to do is publish a link on your site. Assuming your audience is engaged, you could be earning commissions within hours or even minutes.

The income from affiliate marketing is almost entirely passive. You don’t have to worry about creating products, supporting customers, or any of the technical complexity of selling your own products or services. You can also invest the time you save into growing your traffic, leading to more revenue later.

It can guide future product creation. If one affiliate products sells 10X better than all the others you promote, you might want to think about developing your versions of the product, because you have proof your audience wants it

Personally, I think the advantages are so enormous that when it comes to how to make money blogging, no one should consider any other business model… with one exception:

Service providers.

If you are a graphic designer, real estate agent, attorney, r any other type of service provider, you probably want to offer your service on your blog from day one. The profit you make will almost certainly outstrip anything else, at least in the beginning.

Build the Funnel in Reverse.

Even if you’re making fantastic money from affiliate marketing or selling services, chances are you’ll want to try your hand at developing your own product at some point. So, where should you start?

My answer: with blogs, the most profitable price is usually the end of the funnel. Here’s what I mean….

You’ve seen a sales funnel, right? A company entices you with a freebie, then they offer you something cheap but irresistible, and then they gradually sweet talk you into buying more and more expensive stuff. It’s a tried and more expensive stuff. It’s a tried and true marketing tactic, and you should absolutely build a sales funnel for your blog.

What you might not know is you should build it in reverse. A lot of bloggers launch a cheap e-book as their first product, and then they get frustrated when they don’t make much money. Here’s why: the real profit is at the end of the funnel, not the beginning. Selling e-books is fine and dandy if you have half of a dozen more expensive to offer your customer afterwards, but it’s downright silly if you don’t. You’re much better off creating and selling the expensive products first, and then gradually building cheaper and cheaper products.

When you do have some less expensive products to sell, you can offer those to new people first, safe in the knowledge that you have something more profitable up your sleeve to sell them later.

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