First off, I’m a blogger so it seems wrong not to mention it, but more importantly, it’s a legitimate way to make money. It’s quite possibly the least straight-forward way on this list, but it’s very doable and it’s also quite possibly the funnest way on this list. I love blogging and I know hundreds of bloggers who feel the same. So let’s talk about making money blogging and what it really means.
Keep reading and listening and pick up inspiration. Stay up to date and deepen your knowledge about your niche. Read books and blogs about it. Listen to podcasts and watch videos. When you have new ideas flowing into your mind each week and month you’ll come with new stuff yourself. Or combine what you have learned. Or you can share your experience with what you learned from someone else.
25. Products – You can create your own product, such as an ebook or computer software. You would then use your blog as a promotion tool to get people to buy your product. As long as you create a legitimate product with a whole lot of value, you should be able to get some buyers, but like everything else with a blog, you’ll need the traffic to get the sells.
If you put your nose to the grindstone — you can earn good money within a year, but the general rule of thumb is blogging is not the fast lane to making cash quickly. I’ve been blogging for nine years, but it took me five years to hit the six-figure mark. Bloggers like Sarah Titus have hit the six-figure mark within a year. Kristin Larsen started making $3,500 a month at the five-month mark. You can read their stories below:
You also don't have much say in how much you're able to make with these revenue streams. Products (e.g. ebooks, video courses, apps, etc…), on the other hand, are your own. You can price them at whatever you want them to be or at least what your audience is willing to pay. This gives you the freedom to create whatever type of content you want and earn however much money you want.
This may seem a little bit confusing if you are brand new to internet marketing, but you need to understand the various websites that can be created. Think of blogging as a spectrum of possibilities. At one extreme, you have massively popular authority websites. At the other extreme, you have very simple niche websites. Everything in between is possible.
I guess, based on my computer abilities, that I knew that blogging wouldn’t be easy but I just wish someone had been a little more HONEST with me about what it would take. I also wish, that the first “how to start a blog tutorial” I ever used had held my hand throughout the process a little more. (I am a classic victim of the how to start a blog tutorials that ONLY take you through step one!)
Ruth’s ebook is hands down the best blogging ebook I’ve ever read. I cannot recommend it highly enough and will be telling every new and seasoned blogger I know to get a copy! This ebook is comprehensive, but not overwhelming, and packed with amazing information. And I don’t say that lightly. You see, by implementing the Pinterest strategies that Ruth suggests in her ebook, I have increased my site traffic by over 500,000 unique visitors per month. For real. Ruth is brilliant! What more can I say?!
I recently read a post titled Eulogy of a blog on Copyblogger, which sort of suggested the the “blog” has died, and probably suggesting to move on to a new form, that probably is more based on and leverages social media. Probably the blogging scenario is going to change like the markets did long back – from single shops to shopping malls, and people loved the transition. But the publishing aspect cant and should not die out, along with commenting. 🙂
Best part about this book: the updated 2014 edition, which is what I bought. The blogging environment was a lot different back in 2010 - 2012 (and a lot easier back then), so I knew that books written back then would be out of date for me for now. Ruth's book was one of relatively few books that had been written or updated in 2014 and onward. Very well done, lots of non-obvious tips and tricks, and lots of clear explanation not just about HOW to do things, but WHY.