After getting some much needed guidance from a prolific internet entrepreneur, I shifted my focus. I released my first digital product in September last year in the way of an eBook, then a month ago I opened the doors to my own training course (that was scary!) and as you would expect I’ve already surpassed the total earnings of those first 18 months by a good margin.
Once you have a popular blog, advertisers will be hounding you for the opportunity to advertise. The best way to take advantage of this situation is to use Google Adsense. They find the advertisers for you and all you have to do is place the Google Adsense code on your blog to start running ads. Google Adsense takes all of the hard work out of the process and just cuts you a check.
On the other hand, with a self-hosted blog on your own domain name – you are the REAL owner of your blog. You’ll be able to name your blog whatever you want, for example, “YourName.com” or “YourAwesomeBlog.com. You can end it with .com, .co.uk, .net, .org, or virtually any other web suffix. Add to that unlimited bandwidth for videos, images, and content plus the free themes and you have a winning combo.
The next step in starting a blog and eventually earning a healthy income, is to find a good domain name. Domain names are in high demand these days, and there are all sorts of new extensions available. However, I would recommend that you stick with the dot-com domain extension. If you can't find it through a regular search, try GoDaddy Auctions or another domain auctioneer.
Google Blogger supports advertising through Google AdSense, PayPal links, and limited affiliate links. If you use excessive affiliate links, fail to add relevant content when including affiliate links, or get paid to increase someone's search engine ranking, Google will move your blog much lower in the search rankings, greatly decreasing your audience traffic.
If you’ve gone with a self-hosted WordPress site like I suggested, you’ll have literally thousands of amazing free and paid theme options at your disposal. Plus, once you buy a theme (which are relatively inexpensive investments) like the one I use for my blog here, OptimizePress, you'll own it forever and get all the benefits of excellent support and customization options that come with premium WordPress themes.
6) Consider the Commitment – Starting a blog will take more time than you probably imagine. If you plan on doing everything yourself, realize that it takes time to learn each little skill. You can spend forever trying to design the site and find the right plugins. Researching an article idea and typing it all up also takes time. Expect things to move a little quicker with experience, but it all takes time!
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.
Perhaps the most popular network for placing these types of ads is Google AdSense. With this program, you do not need to be in direct contact with advertisers; you simply place the banner on your site, Google chooses ads relevant to your content, and your viewers click on the ads. There are countless similar programs available if you find that AdSense doesn’t work for you, such as Chitika, Infolinks, and Media.net.