Making money with a blog is a dream come true for many bloggers around the world. Just think about it… this is the age of blogging!
Never has it been so easy for someone to start a business or brand on the internet, while also only needing to spend a few dollars in the process. Someone with just a few dollars in their hands and a few hours a week could quickly build an empire of sites or a brand that could sell for hundreds of millions of dollars down the road. It’s happened before and it’s happened again.
This post is all about the Blogconomy and how bloggers are making money with their blogs, using content to generate attention and revenue and everything else you ever wanted to know about blog monetization.
We all know that there are many different types of bloggers and many of us will start as one type and end with another. I personally like the “Full-Time Professional” and “Entrepreneur” blogger models.
When it comes to making money with blogging, only 14% of bloggers earn a salary through their blog. These earnings can actually be broken down even further:
When it comes to blog monetization, there are plenty of methods to choose from. The most common ways to generate revenue with a blog are through display ads, affiliate marketing links and search ads. I’ve always been a fan of direct advertising, affiliate marketing links and building my own products.
Depending on your niche, site traffic, customer value and volume… each of these monetization methods will vary on how much they can earn for you. For example, if you had a high traffic celebrity gossip blog like PerezHilton.com, you would want to go with banner advertising (possibly on a CPM basis). If you had a product niche site that people were coming to read reviews before making a purchase, an affiliate program that you would earn a commission on for each lead would work very well.
Looking for new ways to make money with your blog? Be sure to check out how over 50 other bloggers are making big money in my Meet the Bloggers series over at BloggingTips.com.
While there are a ton of blogs on the internet, some are earning more than others. There are also huge blogs that are owned by corporations and private companies that don’t release the earnings from their sites. However, there are also many blogs that do release their earnings and have enough information out there to give a good idea of how much they are making. These are some of the big money making blogs on the internet today.
Though John Chow ins’t on this specific list, we know he is making over $100,000 a month at times as well!
I’m sure after reading this post and seeing all the big money that is being made by bloggers around the world, you are probably just waiting to get started with your own blog!
Before jumping in, make sure you follow these quick tips that will set you on the right path.
Special thanks to ignitespot for pulling all of this detailed blogger information together. You can check out the full infographic below.
My name is Zac Johnson and I have been an online entrepreneur for the past 18 years and blogger since 2007. This is my personal blog and I welcome you to the site. In full disclosure, it is safe to assume that I am benefiting financially or otherwise from everything you click on, read, or look at while on my website.
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