If you’re looking to create a passive income stream, you’ve probably considered the lucrative world of affiliate marketing. The idea behind affiliate marketing is simple: you refer customers to a company that you’re paid a commission for every sale they make. There’s no complex math needed to make money online – if you can drive traffic to a merchant’s website, you’ll make money.
But while there’s nothing wrong with affiliate marketing, there are better ways to create an online business that will pay you recurring income. One particular way is to create an online blog.
An online blog is a type of website that provides content frequently updated and accessible to the public. The content can be anything from a simple news story to an in-depth guide on a political topic, with the focus on providing useful information rather than just promoting a brand or product.
The great thing about blogs is they’re relatively easy to set up. You don’t need a lot of money to start up a blog. You can use free platforms like WordPress to launch your blog, which already has features like paid membership plans, guest blogging, and SEO (Search Engine Optimization) built-in.
Paying to promote your blog posts on social media is also becoming a common practice. For example, if you want to blog about fashion, you can use a tool like Fiverr to connect with a growing audience of potential followers on social media platforms like Twitter and Instagram. There are plenty of other social media platforms out there, so you can find ones that are right for your content.
Creating an online blog is the perfect way to make money online. You can use the platform to write about anything you want, whether it’s tech topics like Android or Apple devices, personal finance, or even lifestyle topics like fashion and food. The world is your oyster!
Make Money With Adsense
One of the simplest and most popular ways to make money online is through Adsense. Google Adsense is a monetization platform that provides you with revenue-sharing opportunities from displaying ads on your site. You can choose to have ads on your site for free, or you can choose to charge for them. You’ll see Google ads when you log in to your Google account on a website, or when you open an email.
If you have a tech blog or a personal finance blog, you can use Adsense to create a passive income stream. The amount of money you’ll make depends on the size of your audience. For example, if you have 1,000 weekly visitors, you may make as much as $100 a month, which is pretty good for passive income.
The great thing about Adsense is the automated revenue sharing. With Adsense, you don’t need to worry about chasing down revenue or managing affiliate partnerships. The platform handles all the dirty work for you, so all you need to do is build websites and get traffic to them.
Monetizing Established Blogs
If you already have a blog that’s been around for a while, you can explore the lucrative world of monetizing it. There are countless ways to make money with an established blog. You can use affiliate marketing to promote products relevant to your niche, you can sell and lease out your own private space at a hotel or Airbnb, or even make money with a YouTube channel.
Because of the variety of ways to monetize an established blog, the money can be quite alluring. You can also use a tool like Mechanical Turk to get in on some of that action.
Blogging As A Business Model
Some people see blogging as a hobby and do it for fun. However, you can put it to work for you and create a business around it. In 2019, roughly 12.8 million American adults used blogging platforms like WordPress to create digital diaries or journals, according to a study by Statista. Why? People are realizing the power of a blog to engage with their audience, build a community, and draw in potential customers online.
What’s more, in 2019 alone, there were 33.7 million online articles published in Chinese. While most of these articles were simply reposts from other websites, more and more individuals are harnessing the medium to develop their expertise and grow their business.
If you want to learn more, here are just a few ways you can make money with an online blog.