By Mugume Stephen
Firstly – lets get our expectations right. Not everyone who tries to make money blogging becomes rich. In fact those who do well from blogging are in the minority. I’m sorry if this disappoints you – but I’m not here to hype this up or make any promises. It is possible to make money blogging – but it takes time and a lot of hard work – and it doesn’t happen for everyone!
Secondly – let me start by sharing my own top Money Making Methods but below that point you to some great resources and teaching on how to increase your income from blogging.
What follows is a quick summary of my main income streams from blogging. Before you read it though – keep in mind that every blog is unique in how it can make money. Some of the following income streams will work on some blogs a lot better than others – the key is to experiment with as many as possible and see what works best for you.
The following income streams (from a number of blogs) have helped me to earn a six figure income each year for the last 5 years from blogging. I’ve ranked them from highest to lowest.
I hope you find it useful to see the mix and variety of ways that I earn a living from blogging.
I continue to use AdSense
with amazing effect on my other blogs. I have them all set to show
image and text based ads and find that 250×300 pixel ads work best
(usually with a blended design). I don’t have much luck with their
‘referrals’ program but their normal ads work a treat and continue to be
the biggest earner for me.
I
run a variety of affiliate programs on my blogs – most of which bring
in smaller amounts of money that don’t really justify a category of
their own (but which certainly add up).
These include recommending quality products like these here on ProBlogger: Thesis WordPress theme, Yaro’s Blog Mastermind Coaching Program and How to Launch the F*** out of your E-Book (and others) as well as some great products on my photography blog including 123 of Digital Imaging, David DuChemin’s amazing Photography E-Books and Mitchell Kanashkevich’s great ebooks.
The great thing about many of these programs is that they are of such high quality that they sell themselves and I am being emailed from readers who sign up to them thanking me for the recommendation!
Last
time I did a wrap up of how I make money blogging this category did not
exist for me – I didn’t really have any of my own products to sell at
all. However in the last year or so I’ve released 3 E-books – 31 Days to Build a Better Blog, The Essential Guide to Portrait Photography and Photo Nuts and Bolts: Know Your Camera and Take Better Photos.
While these products all only sell for under $20 they certainly add up
and some months this has been my biggest category of income. The reason
they were only ranking at #3 in the last month was that I didn’t do a
product launch (I wrote about one launch which brought in $72,000 in a week here). This is an income stream I see growing as I add more E-books to my range (expect 3 in the coming few months).
This is another newer category for me but one that continues to grow.
A continuity program is a site where you earn a recurring income from people who subscribe to a service you offer.
For me this includes two sites – ProBlogger.com and Third Tribe Marketing. Both programs are membership sites and generate monthly income from the thousands of members that they have as a part of them.
Private
ad sales directly to advertisers have fallen for me in the last year
(they previously ranked #3 on this list). This is partly due to a change
in my own focus but also partly due to the economy as it is. I should
note that this area does vary a little from month to month depending
upon the campaigns we’re asked to run – we’ve had a couple of months
where it actually ranked #2 in the last year.
This includes ad sales of the 125 x 125 ads here at ProBlogger as well as a campaign or two at Digital Photography School.
Chitka
continues to be a great performer for me on my blogs. They
traditionally have worked best on product related blogs although their Premium ad units now convert well on a larger range of blogs.
While I’ve focused a little less on Chitika in the last 6 months (mainly as I’ve released my own products and moved a little away from advertising) they do continue to perform well where I use them and over the time I’ve been using Chitika they’ve now earned me over a quarter of a million dollars – as a result I can’t recommend them enough!
Amazon’s affiliate program has been one of my big movers in the last 12 months. I used to make a few odd dollars from it – however in recent times it has become a significant earner for me. Christmas time (and the lead up to it) is a particularly good time for Amazon – last December it would have ranked #2 on this list.
The job boards here at ProBlogger continue to grow each month in the
number of advertisements that are being bought. This enabled me to
invest most of the money that they’d earned a while back into getting a
new back end for the boards and to redesign them. These job boards now
bring in over $1000 a month in revenue which is pretty nice considering
that they are so low maintenance to run. They also offer a service to
readers and add value to the overall blog.
The only problem that I face with the job boards is that there are so many bloggers looking for work that the demand for jobs far exceeds the supply. On the good side of things is that advertisers are reporting getting amazing quality of applications.
The other income stream that there was no actual money from in April was book royalties from the ProBlogger Book. These are only paid every 6 or so months (not in April). It’s probably also worth mentioning that authors don’t tend to make a whole lot of money on book royalties – you don’t write books to get rich (unless you sell a lot of them).
Firstly – lets get our expectations right. Not everyone who tries to make money blogging becomes rich. In fact those who do well from blogging are in the minority. I’m sorry if this disappoints you – but I’m not here to hype this up or make any promises. It is possible to make money blogging – but it takes time and a lot of hard work – and it doesn’t happen for everyone!
Secondly – let me start by sharing my own top Money Making Methods but below that point you to some great resources and teaching on how to increase your income from blogging.
What follows is a quick summary of my main income streams from blogging. Before you read it though – keep in mind that every blog is unique in how it can make money. Some of the following income streams will work on some blogs a lot better than others – the key is to experiment with as many as possible and see what works best for you.
The following income streams (from a number of blogs) have helped me to earn a six figure income each year for the last 5 years from blogging. I’ve ranked them from highest to lowest.
I hope you find it useful to see the mix and variety of ways that I earn a living from blogging.
1. AdSense
I continue to use AdSense
with amazing effect on my other blogs. I have them all set to show
image and text based ads and find that 250×300 pixel ads work best
(usually with a blended design). I don’t have much luck with their
‘referrals’ program but their normal ads work a treat and continue to be
the biggest earner for me.
2. Affiliate Programs
I
run a variety of affiliate programs on my blogs – most of which bring
in smaller amounts of money that don’t really justify a category of
their own (but which certainly add up). These include recommending quality products like these here on ProBlogger: Thesis WordPress theme, Yaro’s Blog Mastermind Coaching Program and How to Launch the F*** out of your E-Book (and others) as well as some great products on my photography blog including 123 of Digital Imaging, David DuChemin’s amazing Photography E-Books and Mitchell Kanashkevich’s great ebooks.
The great thing about many of these programs is that they are of such high quality that they sell themselves and I am being emailed from readers who sign up to them thanking me for the recommendation!
3. E-Book Sales
Last
time I did a wrap up of how I make money blogging this category did not
exist for me – I didn’t really have any of my own products to sell at
all. However in the last year or so I’ve released 3 E-books – 31 Days to Build a Better Blog, The Essential Guide to Portrait Photography and Photo Nuts and Bolts: Know Your Camera and Take Better Photos.
While these products all only sell for under $20 they certainly add up
and some months this has been my biggest category of income. The reason
they were only ranking at #3 in the last month was that I didn’t do a
product launch (I wrote about one launch which brought in $72,000 in a week here). This is an income stream I see growing as I add more E-books to my range (expect 3 in the coming few months).4. Continuity Programs
This is another newer category for me but one that continues to grow. A continuity program is a site where you earn a recurring income from people who subscribe to a service you offer.
For me this includes two sites – ProBlogger.com and Third Tribe Marketing. Both programs are membership sites and generate monthly income from the thousands of members that they have as a part of them.
5. Private Ad Sales/Sponsorships
Private
ad sales directly to advertisers have fallen for me in the last year
(they previously ranked #3 on this list). This is partly due to a change
in my own focus but also partly due to the economy as it is. I should
note that this area does vary a little from month to month depending
upon the campaigns we’re asked to run – we’ve had a couple of months
where it actually ranked #2 in the last year.This includes ad sales of the 125 x 125 ads here at ProBlogger as well as a campaign or two at Digital Photography School.
6. Chitika
Chitka
continues to be a great performer for me on my blogs. They
traditionally have worked best on product related blogs although their Premium ad units now convert well on a larger range of blogs.While I’ve focused a little less on Chitika in the last 6 months (mainly as I’ve released my own products and moved a little away from advertising) they do continue to perform well where I use them and over the time I’ve been using Chitika they’ve now earned me over a quarter of a million dollars – as a result I can’t recommend them enough!
7. Amazon Associates
Amazon’s affiliate program has been one of my big movers in the last 12 months. I used to make a few odd dollars from it – however in recent times it has become a significant earner for me. Christmas time (and the lead up to it) is a particularly good time for Amazon – last December it would have ranked #2 on this list.
8. ProBlogger Job Boards
The job boards here at ProBlogger continue to grow each month in the
number of advertisements that are being bought. This enabled me to
invest most of the money that they’d earned a while back into getting a
new back end for the boards and to redesign them. These job boards now
bring in over $1000 a month in revenue which is pretty nice considering
that they are so low maintenance to run. They also offer a service to
readers and add value to the overall blog. The only problem that I face with the job boards is that there are so many bloggers looking for work that the demand for jobs far exceeds the supply. On the good side of things is that advertisers are reporting getting amazing quality of applications.
9. Speaking Fees
I get asked to do a lot of speaking and increasingly they are paid opportunities. I’m not able to do as many as I would like (mainly because I live in Australia and most of what I’m asked to do is overseas and I only travel 2-3 times a year) – however in April I did a couple of events and the income was enough to include in this list.Other Income
In addition to all of the above there are many smaller incomes. Many of these are from smaller advertising programs that I test but none are big enough to really rate a mention here.The other income stream that there was no actual money from in April was book royalties from the ProBlogger Book. These are only paid every 6 or so months (not in April). It’s probably also worth mentioning that authors don’t tend to make a whole lot of money on book royalties – you don’t write books to get rich (unless you sell a lot of them).
No comments:
Post a Comment