HOW TO MAKE MONEY ONLINE $5000.
Learn how I went from $0 in affiliate income to over $5,000.000 per month.
Are you a blogger but unsure of how to make money online? Or, maybe you've been blogging for awhile but haven't had much luck with affiliate marketing.
HOW TO MAKE MONEY ONLINE $5000
Saturday, December 5, 2020
MAKE MONEY ONLINE : How to Make Money Blogging in 2023 ($503k in Year One)
If you want to learnhow to make money bloggingin 2023, you need to ditch the cookie-cutter advice you’ve been reading.
“Expert” bloggers tend to give you generic advice like write about your passions, stay consistent, form good writing habits, and create great content.
Then, a few years from now, you’ll finally have enough website traffic to monetize your blog with affiliate programs Google AdSense, online courses, podcasting, or selling digital products.
The hard truth is, it doesn’t have to take you years – there’s just a lot of bad advice out there.
To make life-changing money from your blog as fast as possible, you need to start thinking like a CEO and developing systems to scale your blog like a startup, not a hobby.
I’ve worked for high growth startups, and some of the best CMOs, VPs, and Growth Marketers out there. And what did I learn?
Most blogging advice is harmful, not helpful.
You’re sold the dream of passive income and the ability to make money online while you sleep, all while 95% of bloggers still fail. And yet, these “experts” that started over 10 years ago are the only ones profiting the most from blogging.
So I started this blog in January 2019 to track my progress as a brand new blogger using everything I learned in the startup world.
Here’s the first thing I learned – you need to focus less on writing and more on creating systems to scale your blog at startup speed.
Remember, you’re a business owner, not just a blogger.
Using the tactics I outline below, I started generating $35k/month by month nine.
And as you can see from my Blog Income Reports, I’m currently making over $80k from this
blog. his guide covers SEO, keyword research, content marketing, WordPress, andaffiliate marketingso that you can make more money blogging this year.
Let’s get started.
Disclaimer: This article includes affiliate links which may provide a small commission to me at no cost to you. However, these are the best tools to help you make money blogging this year. You can read my affiliate disclosure in my privacy policy.
How to Make Money Blogging in 2020.
Before anything else, you need to learn how to start a blog. The first step is getting web hosting and a domain name. I recommend Bluehost as it’s the #1 recommended host by WordPress and has more than enough features to do everything outlined in this guide.
his article is all about making money this year – I won’t give you a vague list of options like affiliate marketing, sponsored posts, online courses, or advertising.
Instead, we’ll focus on scaling your blog like a startup by choosing your niche, scaling your content, and monetizing your blog to make $10,000/month in 90 days.
Let’s scale your new blog like a startup.
Choose Your Blog’s Niche Based on Market Factors, Not Your Passions.
There’s a reason that 95% of bloggers fail, and it’s not why you think.
The current myth is that bloggers fail because they aren’t “passionate enough.”
“Push through failure to succeed,” they say.
Google “why bloggers fail,” and you get the same answer from the #1 result: bloggers fail because they aren’t passionate enough.
I officially reject this notion.
The real reason bloggers fail is the same reason that any business fails: it’s not profitable.
Take my passions, for example.
I’m passionate about a lot of things – drumming, flying airplanes, traveling, astronomy, distance running, personal development, Detroit-style pizza, etc.
However, if I wrote an endless amount of blog posts about one of these topics without making any money, I’d burn out 100% of the time.
Additionally, some bloggers claim, “I’m not in it for the money” or, “It’s just a hobby.”
Hobby bloggers are just new bloggers that don’t know how to make money yet. In any creative digital field – whether it’s design, web development, photography, copywriting, or video editing – there are beginners and experts.
And since most bloggers start as beginners by writing about a passion and try to figure everything else out later, they’re destined to fail.
Plus, blogging advice is outdated, written only to rank on Google, and encourages a generalized approach to appeal to the broadest possible audience.
Bloggers don’t fail because of a lack of passion (they have that in spades).
Bloggers fail because they can’t transition from blogger to business owner.
So they choose a non-lucrative niche targeting a low-value audience. New bloggers forget to leverage networking and connections to their strategic advantage. And they don’t have enough market demand to scale traffic.
I want you to succeed.
Before launching your blog, it’s crucial to choose your niche based not on passions, but three business factors: audience budget potential, professional leverage, and market demand.
1. Audience Budget Potential.
To offer a valuable product on your blog, you need to solve a pain point for your audience. That’s obvious.
As a blogger, you should deeply understand your audience’s challenges so that you can offer the most in-demand solution. Check.
Start by looking at niches where you’re a member of the target audience yourself. This way, your domain expertise shines through faster.
But don’t think that after you’ve gotten that far, you should open up a generic list of 100 niches and narrow it down that way. Watercolors? K-Pop? Travel? Good luck with that.
What is the #1 most important factor when choosing your blog’s niche?
How much your audience is willing to spend.
It’s that simple.
Let’s break it down.
So in this example, let’s say you’re planning to start a blog in the home design niche.
Your blog topics may pull in different readers. Visitors could include professional interior designers, college design students, and even stay-at-home moms who want the latest home
decor inspiration.
To monetize this niche, you would create a new blog and move your readers down the sales funnel:
First, you’d create content to attract an audience
Then you’d build out a home design “freebie” to get email opt-ins
Next, you could use affiliate marketing to promote home decor brands
Finally, you would offer your email subscribers a $300 online course (with a money-back guarantee) about 10 Expert Interior Design Tips for the Perfect Home
Nothing is wrong with this approach – this tends to be what most bloggers do, and it can earn some passive income after a couple of years of building your audience.
But is it a lucrative audience? Stay-at-home moms, college students, and a few professionals with an average salary?
Here’s the secret.
By changing just one word in your niche, you can increase your blog’s income potential by 200x.
All you do is change “home design” to “retail design.”
Let me explain.
By adding a B2B component, you just shifted your audience from individuals to businesses and increased your blog’s income potential by 200x.
Think about it this way. If you’re selling to large businesses instead of individuals, you make more money for two reasons. The first is that they have more funds available. Second, it’s not coming out of their own pocket.
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