Passive Income Assignment: How To Make Money Online With My Favourite Passive Income Streams (2016)

Chapter 4. Blogging

I’ve been blogging for a while now and it has opened my eyes to how powerful a blog can be. My goal is the build my site to a six figure business, and I wanted to share with you how exactly I plan on doing this. I’ll be sharing more detailed info on how to do this step by step in later posts, but for now, I want to show you how to start making money online with a blog. Just remember that this is NOT a get rich quick approach. Blogging is a long process, and you will need to put in the time and effort to be successful. If you stick to it, this could generate you enough money to live off for the rest of your life.

The Most Important Part Of Your Blog

There are a bunch of things you need to do when making a successful blog. The most important thing is you need to be able to generate traffic to your site. Without visitors there is no possible way to generate income. So what makes people come to your blog and purchase things through you?

First of all you MUST create awesome content that will be valuable to your audience. This content should be completely free and provide them with life changing information. The content must be good because you need to be have a consistent stream of visitors each day and build up a loyal following where people keep coming back for more. This is the most difficult and time consuming process of building your blog.

Just remember that people will only come back if you create epic content that is all free. You need to give first before you receive anything from them. You need to write things that inspire people, motivate them, and change their life. Once you’ve made this content, and not a second before, you can start sharing and promoting your site.

Now we will go into the process.

How To Get Traffic To Your Site

Search Engine Optimization– The most important way to get traffic to your site is through SEO. This means that your blog ranks in Google for your keywords. When people search for your keyword, they will normally click on the first couple sites, so you will want to rank of the first page. Google is where the majority of your traffic will come from. It is important to have a lot of high quality content on your blog because Google ranks higher for this.

Youtube – Creating quality videos on Youtube is another extremely powerful way to get traffic to your site. Google ranks Youtube videos high on their search engine so you will be shown on both websites. In all your videos have links back to your blog, so if they liked your videos, they will want more.

Social Media – Social media is a great way to share your content because so many people are using it. It also allows you to market directly to people interested in your specific content. Using Facebook, Twitter, LinkedIn, Instagram and Pinterest to share all of your content will reach a huge number of people.

Message Boards – By going to message boards you can communicate directly with people interested in your niche. Posting helpful content with links back to your page will generate you a fair bit of traffic. The only thing with this is you don’t want to directly promote yourself. Add value first, then promote.

Guest Post – Writing guest posts on other popular blogs related to your niche can also give you a bunch of leads. Reach out to these people and ask if they’d allow you to guest post on their site in exchange for a link back to your blog.

By creating awesome content and using these few techniques, you will reach a lot of people and get a large following. Stick with it and you will have success.

How To Make Money Blogging

Once your blog is getting a decent following it’s time to start making some money. There are many ways you can do this, and I’ll start with the most important first.

Build An Email List– The first and most important part of your blog is your Email list. These are loyal people who trust you and want to get their hands on everything you put out. To do this you need to create a way to get their contact info (Email address). This allows you to further communicate with them and offer them products/info directly. This builds a relationship with them and is a crucial step in creating revenue from your blog.

Once people are on your Email list, you need a way of sending them direct messages. I use Aweber for this. It allows you to create and send Emails to a list of people. If you want to send info to subscribers only or just inform them of new posts, this resource will be very helpful.

Once you’ve built a relationship, you can now start recommending products that will be useful to them. This will work because they trust you and want to have success. This will be extremely helpful because if you are to come out with a product, you will have a list of people to buy it right away.

If you want to learn how to setup and Email list, check out my step by step guide Here.

Affiliate marketing – is when you recommend a product or service, and when someone buys it you receive a commission. This can only be used when your audience knows and trusts you. This is why you need to create a list first.

Now that your list is made, you can send them info about products that you believe in and know they will be helpful to your list. Don’t just recommend random products. There are many different products that offer products for affiliates to market to their followers. I use Clickbank. Once you find a product that is related to your niche, you can promote it with your unique URL.

Again, remember that it’s first about helping your audience, and if you can make a profit from this, that’s just a bonus.

Advertisements– This is one of the most traditional forms of making money from a blog. You can find products that offer this or someone might approach you. Basically all this is is to have a link or banner on your site and every time someone clicks on it you get paid. The amount all depends on what you’re advertising.

Having banners on your site can produce you money, but it’s important to not overload your page with ads. This gives the user a negative experience and they won’t trust you since all you’re doing is selling them. Don’t over promote products to your audience. Create a balanced ratio of value and promoting.

Create Your Own Product – Now that you’ve built your list, it’s time to find out what they are looking for and how you can better serve them. You can survey them and ask them what exactly they want help with. This can range from coaching, to info products, to books. Now you know what they want and you can build a product and charge them for it.

In my case, I may find that most people are looking for ways to create passive income through investing. If I didn’t know this and I was posting things related to Kindle, these people wouldn’t come back. But now I know exactly what they want more of so I’d post more on investing and create info products and books related to this.

One of the most common mistakes people make is they create a product before they’ve done the research to see if there’s actually a market for it. They spend time and money creating this and when they launch it nobody buys it. Find the market first, then create.

If you want to learn how to create your own blog in minutes, check out my step by step guide Here.