Figuring out how to monetize a blogwhen you’re first starting out can be daunting.
You made $1.56 in your first month and you’re wondering how in the world people actually make money blogging.
It seems legit. You see people making hundreds of thousands of dollars each year blogging and you’ve inevitably wondered, “Why can’t that be me?” But, with so many articles out there on how to monetize website traffic, where do you even begin?
Well for starters, the first thing you should be aware of is that not all blog monetization methods are created equally. Some are mucheasier to implement than others, and not all have the same income potential.
That’s why when you’re first starting out, the best things you can do areto 1) research (which you’re already doing!) and 2) create a strategy for how to monetize a blog the right way.
Going into it with a plan will save you months or even years of wasted effort running in a million different directions.
If we’d realized that from the beginning, we would’ve been making $17,000+ per month much sooner.
But since we’ve figured it out now, we’re going to show youexactly how to monetize a blog so you don’t make the same mistakes.
Table of Contents
Getting Started
As long as you’re able to produce awesome content that people consistently want to read, there’s no reason why you shouldn’t be able to replace your full-time job income with your blog’s earnings (if that’s your goal).
Unfortunately, most bloggers don’t end up making any significant money with their blog, and there are a lot of reasons for that:
- They give up too soon.
- Their content sucks and no one wants to read it (harsh, but true).
- They’re more focused on making money than they are on creating valuable content for their readers.
- They don’t know how to market their blog.
But if you’re reading this, I’m assuming that you’re not like most bloggers. You clicked this article because you’re serious about learning the business side of blogging and you want to learn the best methods for monetizing your blog.
Regardless of what monetization methods you choose, there’s one thing all of them have in common.
Monetizing Your Blog Requires Traffic
Before you start daydreaming about sipping Pina Coladas in the Greek Islands and soaking up the sun as all your “passive” income flows in from your blog, you need to step back and make sure you’ve got a solid foundation first.
We’re talking about traffic.
None of what we cover in this article is going to work unless you have some traffic coming to your website.
And anybody who tells you otherwise is either a) lying to you, or b) clueless/naive.
So how much traffic should you shoot for before you begin monetizing your blog?
There’s no right answer for this, but you should aim for at least 5,000 unique monthly visitors to your blog before you even think about money.
And really, this is the bare minimum. We didn’t start making any notable income until we were getting over 10,000 monthly visitors.
If you have less traffic than that, your focus needs to be 100% on creating content and increasing your traffic.
To remedy this, it helps to suggest that one of best ways for newer bloggers to increase their traffic, is through Pinterest.
It may sound silly, especially if you’re a guy reading this, but Pinterest works. It was a game changer for our business.
We talk more about it in this post on how we grew our first Pinterest account from 0-750k monthly reach in just 3 months. Save it for later and follow the 7 steps.
You don’t need a ton of traffic to start making money with your blog. Getting started is the toughest part, but the cool thing is that once you get some traffic coming in, it tends to build on itself and continue to grow without as much effort, especially if you’re using Pinterest.
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