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Sunday, May 31, 2020

How to Generate Passive Income from Your Blog

Blog sign graphics, silver and black pen, white notepad, mobile phone, white computer keyboard, a cup of beverage ona work table.
If you want your blog to generate passive income for you, you must treat it as a real business. That is, you must explore all available avenues to make your blogging activities to be real passive-income-generating. To make blogging a lucrative passive-income-generating business, you must be actively and professionally involved in blogging. One of the most beautiful things about blogging is that you can blog just about any subject under the sun. If you are a professional or really knowledgeable about any industry, you can blog about it. All that you really require to set up a blog is the basic knowledge about any industry or profession. Then, you can start writing and creating content about the things you already know and do. This is the content that can generate income for you in perpetuity for as long as it is informative, educational and entertaining enough to bring readers to your blog. That is passive income.



Here are some very helpful tips to help you generate passive income from your blog.

Create Only Content that Solves Peoples’ Problems

Yeah, that’s exactly what people want to read. If the content does not solve people’s problems, don’t even bother with it. Even though there are no strictly defined rules set out on what must be created and published on any blog, what matters is what people want to read because it helps them to solve problems. The right to decide what to publish on your blog is all yours as a blogger but, if you want to be relevant in any industry, you must publish only content that solves your readers’ problems. Everyday 24/7, people are out there on the internet seeking for solutions to different types of worries. If your blog provides relevant answers, then it will attract inbound traffic and ultimately income.

Create Money-Making Blog Posts

As experienced bloggers like to tell us, not all blog posts have the power to generate income. Generally, only problem-solving posts can be easily monetized, even though there are some types of posts crafted only for the money involved. These include direct product promos, product reviews, sponsored contents, sales pitches, products endorsements, etc. etc.

Treat Your Blog as a Real Business

To do this, just like in any other business, you must prepare yourself, train for it and acquire the requisite blogging tools for your blogging business. The tools you really need here are computer equipment, a website, web hosting, plugins, templates and such like blogging tools. Next is to acquire real training online/offline, reading books on blogging and by connecting and relating with fellow like-minded content creators. Next is to commence your blogging activities and you learn on the job while devoting quality time to your blogging activities. Finally, when your blog gets under way, you must take concrete steps to promote it real good. These are the things that help it to bring in traffic and ultimately income.

Link Your Blog to Affiliate Marketing

Affiliate marketing is one very easy and popular way to monetize your blog. It is one great way to generate passive income from blogging. When you link your blog to affiliate marketing, all you are required to do from your blog site is to use the blog to promote products owned by product merchants. That way, you get paid commissions by the merchants on sales generated directly by your promotional efforts. There are many variants of affiliate marketing depending on the type or products being marketed and the mode of commission payment. Some variants pay one-off commissions while others pay recurring commissions as you generate sales.

Promote Your Blog Effectively

Just like any other business, you must take deliberate steps to promote your blog effectively. If you can’t tell people you are out there with something good for them, many will hardly notice you. Thus, promoting your blog effectively simply means making it easily available to people who need your content. What every blog needs is readership traffic. Whatsoever you can do to bring in this traffic is good for your blog. You may choose to share any content you publish very widely on social media or you make some little payments here and there to have it well advertised. Getting traffic to it is what really counts and that’s what brings in the money. To promote your blog through search engines, you just have to be good in SEO techniques. These techniques help to drive organic traffic to your blog through the activities of search engines. That is traffic from people who are online searching for the type of content you’ve published. One very good reason you must purposely publish content that is search-engine-friendly.



Monetize Your Blog Diversely

Once you get a good and popular blog going, you can monetize it in several ways. Some of such ways are:

Google Adsense: Where Google runs ads on your blog and you get paid as a publisher.

Affiliate marketing Ads: Where you get paid commissions for products sales directly related to your promotional efforts.

Direct Ads: Where companies or individual businesses run banner ads on your blog site and they pay you for the ads space.

Polls/Researches: Where polls are run on your blog and you get paid for participating. etc, etc.

Build a Credible Email List from Your Blog

An email list is one very valuable asset every online marketer really needs. You can always build a credible one from your blog site. You can build this list by getting your blog readers to submit their email addresses to an email list you can procure for your site from an Email Service Provider, ESP such as MailChimp. Once in place on your blog, by offering some freebies like eBooks or Coupons as incentives, you can get your blog readers to leave their emails behind to deliver the incentives to them. That way, you can with time build up a very credible email list which you’ll depend on for your email marketing activities, promotions, special offers, special announcements, new products in the market, new blog post alerts, etc. etc.

Effectively Market Your Services

Well, as they say in business, if you know something, you can sell something. Once you have your blog running and people are reading it, apart from earning through affiliate marketing, sponsored posts and advertising, some of your readers may be interested in paying you for your blogging expertise. You may choose to earn as a consultant using direct coaching and webinars or you can package and sell your knowledge/expertise by way of eBooks or full-blown video courses. Both of these ways can help your blog to attract very significant sales and income.

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