How to make passive income from blogging
Freelancers can make passive income from blogging in a number of ways. Here we show you some examples and what to consider before you get started
According to recent research, it takes an average of 20 months to start making money with a blog. However, that is just the average. The statistics show that 27% of bloggers start earning money from blogging within 6 months and 38% are making a full-time income within 2 years of starting their blog.
But how do you actually earn money from blogging if a client or company is not purchasing the rights to your article? Here are a few ways bloggers are generating income from blog articles:
- Affiliate marketing: Affiliate marketing is performance-based marketing in which a business rewards one or more affiliates for each visitor or customer brought by the affiliate’s own marketing efforts. As a blogger, you can promote affiliate products and services on your blog. When a reader clicks on your affiliate link and makes a purchase, you earn a commission. You obviously need considerable traffic to earn this way or be selling a product that is not as cheap as chips (i.e. a software subscription, laptops or other high-priced items)
- Display advertising: You can also earn passive income from blogging by displaying ads on your website. There are a number of different ad networks that you can use, such as Google AdSense and Mediavine. When a reader views or clicks on an ad on your website, you earn money.
- Selling your own products and services: If you have expertise in a particular area, you can create and sell your own products and services on your blog. This could include things like e-books, online courses, or consulting services.
- Membership site: If you have a lot of valuable content to share, you can create a membership site where readers can pay to access exclusive content. This could include things like gated blog posts, webinars, or online communities.
Here are some tips for making passive income from blogging:
Choose a niche: It’s important to choose a niche for your blog that you’re passionate about and that you have some expertise in. This will make it easier to create high-quality content that your readers will find valuable.
Be a problem solver: If you are solving problems in your freelance career already, what wisdom could you pass on to others so they avoid the mistakes you have made? What work-life experiences could be valuable or inspiring to your target audience?
Create high-quality content: The most important thing you can do to make money from blogging is to create high-quality content that your readers will find valuable. Your content should be informative, engaging, and well-written.
Blogging host sites: You could set up your own website at first or start blogging on LinkedIn as an author. For some of the most popular blogger host sites, click here.
Promote your blog: Once you’ve created some great content, you need to promote your blog so that people can find it. You can promote your blog on social media, in online forums, and through guest blogging.
After you have posted your first blog post, you will have to remind yourself to be patient. It takes time to build a successful blog and start making passive income. Don’t get discouraged if you don’t see results immediately. Just keep creating great content and promoting your blog, and you’ll start to see results.