Why? While it's relatively straightforward to begin a blog, it's a monumental undertaking to generate any semblance of traffic and profit from your arduous efforts. You need laser-focus and persistence to build an audience or reach mass saturation with your prose. It takes time and it takes long and drawn out evenings burning the proverbial midnight oil.
17. Amazon – Have you heard of FBA? It stands for “Fulfilled by Amazon” and it’s getting pretty popular. Basically, you buy products (in bulk is best) and ship them to Amazon for them to store. When your products sell, Amazon packs them up, ships them out and sends you the money (after taking their cut). There are people making a full-time living from FBA, while others just do it for some extra money.
There aren’t many options in the quality, low budget hosting scene. We went with Bluehost for hosting and we recommend their services. I did a lot of research before starting the site and kept getting recommendations for Bluehost. They have worked really well for us (We are still using them after 2.5 years of blogging) and the price was the lowest that we found. In addition, there are a couple of other benefits.
The next step in building a blog that will actually make you money somewhere down the road is to purchase a domain name. If you’ve decided what you’ll blog about, then you need to find a domain name that’s going to be harmonious with that. Pick a name that’s short enough to be easily remembered, but also keyword-rich enough to be applicable to your content.
Last year I focused for brief time on traffic again. Had a few weeks where I had tens of thousands of visitors streaming in. The result – lots of work for me and virtually no money. So I’m back to my original model. I agree with you that this is one of the biggest fallacies on the internet and one people seem to have a hard time letting go of – that the best focus is on building traffic instead of focusing on serving the people who are willing to give back.
Use a contextual ad service. Once your blog contains high quality content and has begun to attract an audience, you can make money using Google Adsense, WordAds, or any other contextual ad service. These automatically generate ads in the amount, size, and placement you specify, matching the ads chosen to the topics you write about. The more readers who click on the ads shown on your site, the more money the advertisers will pay you.
Have in-depth knowledge in your niche? Package it up into an ebook and sell it on your blog. I'd generally advise against selling it (at least exclusively) on Amazon or Kobo, as you'll probably be able to charge much less. If you've already built up a solid audience, you can probably change anywhere from $5 for a very short one, all the way up to $39+.
Industry Blogs. These are specialized to a particular field or industry. They’re a good choice if you’re already an expert on something and want to share that expertise. Because you have to constantly stay on top of new information and developments in that industry, you need to make sure you’re comfortable with researching and understanding your topic.
Digital products are another awesome way to make money with your blog. Rather than selling someone else’s product or service, you’re creating something of your own and selling it directly to your tribe. There are many options to choose from when it comes to digital products, but we’re going to look at what we’ve seen and consider to be the top three.
Finally, when looking around for the right personal finance software that meets your needs, make sure that you’re comfortable with the program’s interface. It shouldn’t be expected that you recognize every single feature instantly, but if the features don’t seem readable and manageable to you, then you’re not as likely to use it and get the full benefits.
I appreciate all the info you have here. I have had to retire from a 50 year career because of a health problem and I desperately need to find something to do at home to keep from losing my house. I have been looking at your site for months now, and just can’t find anything I would be interested in doing. I had a blog once before, years ago, and loved it, but never made any money from it as I didn’t understand how to. I have stayed away from the blogging idea because I know it takes a while to get going (making any money) and I need some NOW. But, after months of not finding anything else suitable, I have decided that if I don’t get started doing something, I’ll never get anywhere. After reading all of your info here, and printing out all of the basics to get started, it’s a little daunting! There’s so much more to it than I thought. I think I know what topic, niche, to use and want to start with affiliate marketing, but there is SO much to know and get it started! I hope I am able to get this all figured out! One thing you suggested is to connect with other bloggers to get tips on how to do things. How do you do that? Where do you find them?