If you want to start a blog that will eventually make you money, you are most likely to have asked yourself the question of How Much Money You Can Make Blogging a couple of times.
Well, there is a long answer and a short one. The short version is $0 – $1m+ per year.
But, for the long answer, many factors come together to determine the amount of money you make as a blogger. Some of the major factors here are;
1. Traffic Quantity
Traffic is the number one determining factor in how much money you can make blogging. The more traffic you end up having, the higher your chances to make money get.
As I discussed in a previous post, there are many different techniques that you can utilize to start seeing an increase in your overall traffic.
The more search traffic you end up gathering annually translates to the possibility of more money made that year.
2. Email List Size
The Email list is an important asset for almost every blogger.
With an email list, you can communicate with your audience/community directly.
Your community believes in what you preach, and they are the people most likely to purchase a product from you when that time comes.
Just imagine selling a $1 E-book to a 10,000 email list. If 10% of them end up buying your E-book, that is 1000 people. You will have made $1000.
That sounds easy, and, eventually, it becomes easier. But, there is a lot of work needed to get there.
Building an email list will require a lot of work, but eventually, the time invested in building it will prove worth it.
3. The Number Of Money Making Strategies In place
It is as easy as it sounds, the number of strategies in place will determine how much money you can make blogging.
With blogging, trials and error are an everyday thing. You will try out many different angles to make money, some of them will work, but others will prove unworthy of your time.
With that said, having as many streams of income from your blog will result in a pile of more money compared to relying on just one source.
Here is a previous post on the 10 relatively easy ways to make money blogging.
4. Quality Of Content
This is another major factor that will at most times determine how much money you make as a blogger.
Many have said that content is king, and I want to second that, and particularly say that quality content is king.
The reason is, quality content will result in a lot of positive effects with time, among them being; ranking better, driving more traffic, building more backlinks, promoting your brand name, etc.
That said, if you have great content, you will likely make more money as a blogger compared to if you had low-quality content on your blog.
5. What Is Your Niche?
Your Niche, as a blogger, will greatly determine the amount of money you make.
Therefore, choosing the right niche is vital to your financial growth.
A quick example; a blog on gardening is less likely to apply for an affiliate program offering 10% commission for every bodybuilding supplement sold.
But, it is not all about money, if you are doing it for the long run, you can choose a profitable blog, but then you are out of new ideas even before the year ends.
If you are looking forward to making it a full-time job, choose something you are passionate about, this way, it is easier to come up with much more new is ideas without wearing out.
6. Traffic Quality
The quality of traffic to your blog is very important if you want to make money out of it.
Low-quality traffic, on the other hand, is likely to affect you negatively. This will result in you being kicked down the search results, and this will hurt your financials.
If you want to make more money, focus on gaining more quality traffic.
7. Domain Authority
This is niche specific, the higher your domain authority is the higher your chance of making money will be.
Building your domain authority score is not a day’s thing, but with constant off-page SEO, you can get to that score that you have been aiming at for a long time.
So, how exactly will I have a better chance of making money as a blogger compared to having a low Domain Authority?
That’s a good question, remember when I said quality content results in a cascade of positive things, this is almost similar.
Having a high domain authority will give you a better chance to compete for the top ranks, and when successful will result in more traffic, which translates to more page views.
And before I forget, I want to announce a special offer to all of my readers. You are all eligible for a free domain name in the first year at Bluehost with a subsidized cost on the hosting package. To get yours, click here.
More page views = more money ($)
The best answer for How much money you can make blogging is entirely dependent on you.
What you blog about and how you do it will affect your revenue stream.
But, it will take time for you to see the results you have been waiting for.
When you feel like it is taking too long to get there, be a little bit more patient because it is when you feel like quitting that you are closest to your goals.
Blogging is tiring when you are forcing it. The easiest way, as I said, is to find what you are passionate about, and write everything surrounding it.
If you have any inputs, feel free to comment below. I wish you all the best.
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