We all know that making money can be tough, and sometimes life can be
difficult. Some of you have kids to feed, we all have house bills to
pay, medical bills and car bills and that’s just for starters! I
recently discovered a system which will allow you to earn at least
$5,000 per month and I am here to share it with you.
The Internet offers various ways to make money, some good and some bad,
as an example I could spend my day clicking on ads, but this is a little
boring and doesn’t give the fast results I was looking for. However you
are lucky as I’ve developed a striking method to earn at least $5,000
per month and I am willing to teach it to you.
It's not impossible, it's simple. Most importantly, all of this is
legal, it is basically just a mathematical strategy that is already
applied and I'm willing to share it.
All you need is a computer and an Internet connection, it’s that simple!
You don't even need any special knowledge, all you have to do is follow
my strategy which I use myself and I am happy with the results
achieved
- Check your Social Security statement online
“It’s really important to get a true sense of what your Social
Security benefit is going to be well in advance of retiring so you can
have a sense of how much more savings you need,” Whitman said.
“Social
Security is really not very generous — average benefits are about
$13,000 a year — and a lot of people don’t understand that,” she said.
Also,
check that the Social Security Administration’s records are correct
with regard to your earnings history — if there’s a mistake, you could
face reduced payments.
- Early Retirement Made Easy
If I can offer only one piece of advice, it is this: Increase your
saving rate. Most financial gurus advise people to save 10 percent of
their income. Dear reader, that's not enough. You need to save 30 or 40
percent of your income--better yet, shoot for 50. Do that, and early
retirement will suddenly become a reality, not only because of all the
money you're socking away, but because of the stripped-down, affordable
lifestyle you'll be living in order to save that much. Instead of
needing $100,000 a year during retirement, you'll need only $50,000 to
cover expenses. Bingo: You just moved your retirement date up by a year.
Once you have pillar content in place and you have plans to release a continuous stream of such content, the next step is to attract people and show them how amazing your content is. This is when marketing is crucial and, as I said previously, blog marketing is all about building communication channels.
A communication channel is a way of flagging the attention of a person and causing them to take action, usually clicking a link and visiting your blog. There are literally limitless tactics you can implement to build communication channels, from the quick-and-easy to the complex and time-consuming.
Have you ever heard the phrase you get what you pay for?
This phrase applies very well to blog marketing. Things that are easy to do are not powerful. Things that take more time and effort, generally, are better rewarded with more traffic.
Here’s a brief example:
Tactic: Leaving comments on other blogs.
It’s well known that leaving comments on other blogs is a method of attracting people to your blog. Each comment you leave has a link back to your blog. All you need to do is spend a few seconds, write a sentence or two, and ta-da, you have your first communication channel leading people back to your blog.
That’s an easy tactic and consequently a lot of people do it. Comments are everywhere and while they are certainly an integral part of the blogging phenomenon, the effectiveness of commenting as a marketing tool is poor. They send a trickle of traffic at best.
There are more powerful ways to use comments as a communication channel. For example, spend more time on each comment you make so that you add significant value to the conversation, focus a lot of comments on a certain few key blogs and use comments to form a relationship with high profile bloggers.
These techniques can expand the communication channel from a trickle to a stream, yet it is very unlikely that commenting alone is enough to build a popular blog.
Tactic: Write a 30-page free report and release it on your blog, then email other bloggers to let them know about it.
A powerful technique is to spend a week writing a comprehensive report, release it on your blog, email several popular bloggers and ask them to check it out.
The results can vary, but if all goes well a lot of other blogs will link to your blog to recommend the report, driving a surge of new readers. If you have content pillars in place, you will convert many of the first-time visitors into regulars and bam, instant audience.
I consider this a communication channel with significant breadth and scope. It’s like a large river rather than a small stream - a more powerful blog marketing technique that will continue to drive traffic for many months, even years to come.
If you are looking for an example of this technique look no further than the report you are reading right now. Be sure to forward this report to all your friends and make a blog post recommending your readers download it too, so you can help prove my point :-)
I don’t have space to adequately discuss this topic, but it should be clear to you that while blogs themselves are great income earners, there is real potential to use your blog as the foundation of a business.
You can do this in many ways, but for the sake of brevity the single most important piece of advice I recommend if you want to take your blog to the next level and build a stable business, is to create an email list.
You can do this in the form of an email newsletter or e-course, collect contact details in exchange for a free report, or a video download or access to a special password-protected area of your blog. It doesn’t matter what you offer, the important thing is to build your list so you can stay in touch with the people you attract to your blog in other ways.
Once you have an email list, the opportunities to market to your subscribers are numerous. You could apply affiliate marketing and sell other people’s products, or release your own products or services. Use your email list to provide more content to strengthen relationships with your audience, and you have another communication channel and valuable business asset.
A popular blog with an email list is a great one-two punch online marketing system to generate leads and convert customers. Using just these two tools you can establish credibility, conduct market research and develop a powerful personal brand.
If you need an email autoresponder to manage your list investigate AWeber (I use them) and GetResponse.
If you really want to make blogging the focal point of your business, you can look to acquire other blogs or launch new blogs. Your strategy may be to develop a large blog network or a small cluster of similar topic blogs to enhance your online reach and exposure.
You might consider a flipping strategy using your knowledge of successful blogging to buy blogs, “renovate” them to increase traffic and income, and sell them for a nice profit.
All these strategies are ways to go beyond the single blog strategy, yet to make any of them work you must understand and be able to implement the fundamentals of successful blogging. You can take blogging as far as you want to, once you have the keys to blog profit.
If you have not built one great authority blog, I would avoid buying or starting new blogs or even starting an email newsletter if you are struggling to produce content for your current blog. It’s important to focus energy on creating one great blog first, then
Of the above methods, Affiliate Marketing is my top recommendation (after recursive affiliate income and direct ad sales) because if you can find a good product to sell, even if it doesn’t pay out recursively, you can make good money. Some products I have sold have made me as much as $8,000 in a week - a very good result in a short period of time.
I have also made money from Google AdSense, RSS
Advertising, Text-Link-Ads and paid reviews with
ReviewMe.com and direct for sponsors.
As I’ve stated, I look for low effort, high yield monetization methods that preferably are highly targeted to my readership. Systems like Text-Link-Ads.com and ad brokers that pay by the month are good because they are not labor-intensive. Affiliate marketing is great because you can pick products that you use and directly relate to
your audience that keep paying long after you first publish the article, thanks to traffic coming from search engines.
Contextual programs like Google AdSense, brokering services that pay by the impression, RSS feed advertising and paid reviews are not good because the amount of money you make is directly related to how many posts you produce. You may as well use these services as long as they don’t impact your other, more stable monetization, but I would not want to become too dependent on them.
You can read a detailed breakdown of my top monetization methods based on what has worked for my blog in this article – My Top 7 Blog Monetization Methods.
If you haven’t watched my video on how I make money from my blog, now would be a great time to do so to crystallize how the monetization methods above work.
Here is the link again:
Blogging Is Not Just A Hobby
Blogs are one of the most powerful online marketing tools I have ever come across.
How I Make Money Blogging (Video)
There’s a lot of advice out there regarding how to choose a topic to blog about. Some will tell you to focus on profitability. Find the niches that people spend money in and that are currently not serviced well by other blogs. Others will tell you that it doesn’t matter about the money, it’s all about how much you care about the topic. If you focus on passion, things you personally enjoy and know about, creating good content will be easy and your motivation will be strong. I don’t have specific advice on whether either methodology is better. If anything, I suggest you consider both aspects, with a slight emphasis on choosing a topic you care about over the potential to make money from it.
Do you pick a blog topic because of the potential for making money from it, or because you like it?
Consistent output is crucial, so if you can’t see yourself writing about a topic in six months, don’t choose that topic.
People are very different. Some remain motivated because of the process, not the topic, and these people could run a blog about a topic they don’t really care about because the process of profiting from it keeps them going. That doesn’t work for me. I only cover topics I enjoy, but that doesn’t mean I haven’t written content with profit as the main driver. Whenever you do an affiliate promotion – for example a product review – much of your motivation is the affiliate commission, yet you realize the importance of providing value to your readers as well.
This typifies the mesh in professional blogging between writing for writing’s sake vs. writing for income. It’s not black and white and all you can do is what works for you and you feel comfortable with. Consistency is such a key component of successful blogging that I advise people to forget about profits for the first few months – even six months if necessary – and focus on giving value. This reasoning suggests you choose a topic that you personally could sit down and write something about every day without reward (that’s a good question to ask yourself – can you write every day on the topic you are considering to blog about?.
On the flip side, you don’t want to blog for 12 months only to earn a few pennies a day. It’s important to, at the very least, consider the type of reader you are attracting, whether they buy things, whether you can sell them things, or find sponsors who would pay to advertise to your readers. I’m inclined to believe that as long as you have some traffic, you can earn some money, but if you do this strategically and prepare in advance, a little research can help to avoid wasting time. As much as it feels great to build an audience, we are also here to make money, and it won’t feel great if you can’t effectively monetize your audience.
The key is to understand your reader, their motivations, passions and spending habits. If you love the topic you blog about, you are in a much better position to understand your reader because you are part of the same niche. You know what you like, what you buy, and therefore what your readers enjoy and purchase.
If you are a good marketer you don’t have to be a fan of the market to actually understand it, but for most people I suggest you gravitate to topics you enjoy. It will make two key areas of successful blogging – content creation and monetization – that much easier if you have an inherent insight into your topic and audience.
The Two Key Ingredients For Attracting Attention
The first part of creating attention (traffic) to a blog, is the age-old advice you will have read over and over again if you study successful blogging:
“Write good content”
So yes, the foundation of a great blog is good content. Where people go wrong is deciding what good content is, given their goals (usually the error is made when determining exactly what the goals are and what strategies will be used to meet the goals) and assuming that just good content is enough.
The other key ingredient is marketing.
Did I mention that all professional bloggers need to have business skills? Yep, that’s right, marketing – the fine art of attracting attention and THE key component for successful business – is a paramount ingredient for successful blogging. It’s through marketing that people find your good content.
I’ll discuss how to market a blog in a moment, but first we have to make sure you avoid the first error I mentioned – not having a strategy in place for producing the right type of good content given your goals.
There are countless examples of people who started out writing a simple blog and were able to turn that into an exciting career or success story.
Among the most obvious examples would be Ree Drummond, a housewife from Oklahoma who began writing her blog, The Pioneer Woman, in 2006. In it, she documents her life as a wife and mother living on the plains, as well as including homemaking tips and recipes. It quickly gained in popularity and by 2010 Drummond was listed as one of Forbes magazine Top 25 Web Celebrities. Shortly afterward, she was given her own weekly television program on the Food Network and has written several successful cookbooks, one of which became a New York Times #1 Bestseller.
Another blogging success story is Jenny Lawson. This Texas-born blogger is the author of The Bloggess, in which she uses her quick wit and irreverent writing style to discuss her life and daily adventures. Some of her
blogs were collected into a book, “Let’s Pretend This Never Happened,” which also was a #1 New York Times Bestseller. Lawson currently is an in-demand guest on talk shows and has received numerous prestigious awards, including being recognized by Nielsen Ratings as one of the Top 50 Most Powerful Mom Bloggers.
You may have never heard of Mario Armando Lavandeira, Jr., but you probably have heard of his blog, PerezHilton.com. He began his blog about celebrities and gossip in 2004 and within six months it was one of the most read blogs in Internet history. Hilton soon became a celebrity in his own right, appearing on countless television programs and even serving as a celebrity judge for the Miss USA pageant in 2009, in an episode of “The Sopranos”, and as the star of his own reality TV series.
And then there’s Arianna Huffington. This Greek-American ex-wife of US Rep. Michael Huffington (R-Mich.) had already a successful career as a political candidate, television personality and writer when she launched her blog, HuffingtonPost.com, in 2005. In it, she wrote opinion pieces, shared articles and featured a stable of regular columnists writing mostly on politics and business. In 2011, Huffington sold her blog to AOL for $315 million, making her one of the most financially successful bloggers in history.