How to Monetize a Blog in 2021

How to Monetize a Blog in 2021

As recently as a few years ago, setting up and maintaining a website would have cost you thousands of dollars. It was just as tough to make money from a website. When PayPal first came out, Stripe didn’t exist and email marketing wasn’t nearly as versatile as it is today.

There are several ways to make money blogging on WordPress for less than $1,000. (This can vary based on what you need to do). Even though making money with your blog is simpler nowadays, it doesn’t imply that most bloggers are making money from their blogs.

According to ConvertKit’s 2017 state of blogging study, professional bloggers earned an average profit of $138,064 last year, while amateur bloggers (who accounted for 86% of those polled) earned only $9,497.

When you consider that most bloggers establish a blog to be their boss and leave their mundane 8-to-5 job, this is a bad situation.

What prompted you to begin blogging?

Is there a specific reason you decided to start a blog? This image was taken from the ConvertKit app.

In other words, how can you move from being a novice blogger to making six figures a year as a professional blogger?

As you can see, you need a sound marketing strategy that involves content, a viable topic, and an effective way to monetize your website.

Additionally, you’ll need to do some basic arithmetic.

Exactly when do you begin earning money from your blog?

To generate money from your blog, you’ll need a certain amount of traffic and an email list size, but there’s no hard and fast rule for this. It all depends on what you offer and how you sell it.

You may find out how much your website is worth here: Also, there are 77 proven methods for boosting your website’s traffic.

If you can get these two things right, you’ll be in a much better position.

A thousand visits a month is an indication that you’re doing something correctly, but you don’t need tens of thousands of visitors to be successful.

Once again, you don’t need to go overboard with this one. If you have a tiny list, we can teach you how to leverage it for your benefit.

Despite the importance of these two factors, monetizing your blog is largely a numbers game.

There are several ways to earn $6,000 from your blog, such as:

A $200 product (like a course) should be sold to 30 individuals.

Ten people may pay $600 for a course.

Achieve the $6,000 mark at your speed by becoming an affiliate partner with a company that offers recurring commissions.

You could even charge a customer $6,000 for your time.

Math, not magic, is the key to monetization.

This does not imply that raising the price of your products is the only way to make money. If you want to monetize your blog, you need to choose a plan that fits your site’s current or future goals.

Whether you’ve had thousands of page views or are just getting started, we’ll teach you how to monetize a blog and start making money online.

We’ll show you how other bloggers have made money from their blogs in a variety of different niches, and we’ll teach you how to do the same for your site.

Math, not mysticism, drives monetization. However, you must choose a plan that is in line with your objectives.

Start a Freelance Blog in Your Specialty.

To earn money from your blog, becoming a freelance writer for other blogs in your industry is one of the most straightforward options.

The reason you began your blog in the first place is that you have a lot of expertise and knowledge in that particular field.

When it comes to creating content for marketing purposes, you can’t go wrong with a person with expertise in a certain field.

Using his blog, Writers in Charge, Bamidele Onibalusi demonstrated his expertise in content marketing while also expanding his readership. Blogging for other companies is now his full-time job.

According to Glassdoor statistics, the typical American freelancer earns about $40K a year. Your degree of expertise and the niche you’re writing in will impact this number.

The Editorial Freelance Association (EFA) estimates how much money you may make in certain fields.

Narrowing down one’s target market as a freelancer

Average earnings for a niche-specific freelance writer (Image courtesy of Content Community)

Initially, you may not be able to charge these prices, but as you earn more experience and reputation, your charges will rise. In the beginning, be cautious not to undercharge.

In the beginning, asking $10 for an article could seem like a simple way to gain customers. However, charging so little will demotivate you since your talents will be called into question.

If you are a new freelancer, it’s best to charge your customers on a per-project basis rather than an hourly rate since it might be difficult to estimate how long it will take you to finish a project.

It’s a win-win situation for both you and your clients if you charge a price that depends on the project’s completion time.

In your first year as a freelance writer, WriteWorldwide estimates how much you may charge for each assignment without taking into consideration your specialization or past writing expertise.

How much should I charge for my services as a writer?

How much should I charge for my services as a writer? (Image source: Write Worldwide)

With freelance writing, you don’t need a large following on your blog to start earning money; all companies value your ability to produce high-quality material as a key selling point.

According to Jorden Roper, who has been a freelance writer for four months, she earned $5,000, while Jennifer Gregory earns roughly six figures a year from her work as a writer.

Your duty as a freelance blogger is to provide written material that draws users to a company’s website and encourages them to become paying clients.

It’s predicted that marketers will spend more money in 2019 on content development, according to the Content Marketing Institute’s 2019 research, which polled 50 percent of the marketers questioned.

B2B has increased its investment in content production.

Spending on content generation in the B2B sector grew. (Image source: CMI SlideShare)

There’s a safe chance that there are companies in your industry producing money, and that means they need writers.

You’ll recall that I said the company must be profitable. The biggest mistake you can make as a freelance blogger is choosing a field in which you won’t get paid.

Writing about art, for example, may be your favorite pastime, but how many websites will pay you to do so regularly?

As a freelance blogger, your best bet for financial success is to identify the most lucrative niches in which to operate.

Find at least 10 authors who cover the topic you wish to write about to quickly assess whether there is money to be earned there. Make a LinkedIn search for the keywords related to your specialty and you’ll get plenty of results.

On LinkedIn, for example, a search for “freelance personal finance writer” yields 42 hits in my search. It’s also possible to search without quotation marks, which will return even more results.

LinkedIn is a good place to look for freelance personal finance writers.

This is a simple approach to prove that you’re in the right field.

To be a successful freelance writer, your blog doesn’t require a lot of traffic, but that doesn’t guarantee clients will discover and employ you.

Promote your service by going out into the community.

Write on your blog and maybe guest post on others’ sites to build up your portfolio of work before contacting them about writing opportunities.

Upwork, SEOclerks, and Fiverr are just some of the freelancing markets you may use. However, although some freelance writers, like Danny Marguiles, who earned over $100,000 a year on Upwork, can support themselves, the vast majority of writers on these platforms struggle to make ends meet.

Since freelancing markets are a zero-sum game, doing the majority of the outreach yourself is your only option.

Where Can You Find Blogs to Contribute Your Content?

Make a Google search for relevant terms and observe what results show up.

Because the blogs that appear on the top few pages of Google’s search results have invested a lot of money in content promotion,

For example, if I wanted to write for fitness-related blogs, a simple Google search for “fitness blog” yields the following results:

A Google search for “fitness blogs”

If you’re in the fitness industry, you may try searching for “workout programs” or something similar.

Planned physical activity It’s a good idea to do a

It’s now just a matter of reaching out to the blog owners and introducing yourself as a freelance writer.

If you’re looking for a new job as a writer, don’t forget to make use of your website.

Drive traffic to your website through inbound marketing and SEO, and then sell your writing and blogging services to those visitors.

Maddy Osman, a freelance writer, does this on her blog, The Blog smith.

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