Before we begin, here are 3 benefits of starting a blog to make money:
- No glass ceiling – unlike your day job, there’s no cap on how much you can earn.
- Location freedom – You can run a blog from anywhere in the world, so long as you have the interwebs.
- Passive income – you can get paid over and over again for the hard work you produced just once. (in other words, you don’t have to trade your time for money unlike your day job).
In this post, I will outline EXACTLY how my blog has started to generate an income after just 2 months since I launched it. And the best part is…
I don’t even have any products to sell yet either!
Most people underestimate how straight forward it can be to start making money online. (Notice I said straight forward – NOT easy)
Most people also assume that when you use the term “Make Money Online”, that you’re offering a quick fix. A get rich quick thing. You know what I’m talking about, right??
Well – this isn’t the case.
I’d avoid “get rich quick” offers like the plague – you can often spot them a mile away.
You might be wondering at this point, “what the Eff do you know about making money online, Mr Craig??”….
Over the past 4 years, I have started two businesses that have both made a lot of money.
Bare with me….. It’s not all rainbows and butterflies….
The first business was a digital marketing gig that generated over $10k per month working in the evenings. It took me around 9 months to get to this stage because I started this alongside full-time employment.
The second was an Amazon FBA business that turned over $30k+ in some months. This took me around 6 months to get these results.
However, both of these businesses were run from my laptop, so I could work from wherever I wanted, which was awesome!!
The bad part to this little story, is that I ran into cashflow issues because of my lack of experience with both of these businesses. They also required start-up capital to get off the ground, which I ultimately lost when the businesses failed. Big oops!
I decided to start a blog because of the extremely low start-up cost, and its proving to be an incredible choice!
It’s also extremely scalable as my reader numbers grow over time, and I’m extremely passionate about my blog and have fallen deeply in love with working on it, so it no longer feels like work – I love it!
So How Does My Blog Make Me Money?
This blog makes me money already. You might’ve guessed that already 🙂
I launched in November 2018, and it started to generate sales and income in January 2019, just a month and a half later.
Although very modest amounts of money, it was a huge confidence boost that this blogging thing could really work. It was the first of many sales, and ya gotta start somewhere!
Fast forward to today, April 2019, and I’m in a position to quit my day job again and work on my blog full time! (And I will be in August this year because I’ve replaced my income from my bullshit job)
This is how I do it….
The blog makes me money because I add value. My blog provides a service that people require and I get paid for it.
How do I do this without anything of my own to sell?
Affiliate marketing is the best way to get into making money online. The way it works is you refer your readers to other people products or services online, and you get paid a commission on your referral.
If I were to explain how affiliate marketing would work in the offline world, it would go something like this:
Image if you had been to a restaurant and loved it. You then go and tell your mates about this awesome restaurant, and when they decided to check it out, you get a percentage of their bill cost.
The important thing to remember when making referrals to products online is that you have GENUINELY tried and tested them for yourself first. Your mates wouldn’t be too pleased with you if the restaurant turned out to be shit, and this is the same in the digital world too.
How Do You Make Affiliate Sales?
This is something that I go into more depth with in my FREE blogging course. (Yes, it really is free)
But in a nutshell, it goes something like this:
- Find a product that you can become an affiliate for that is relevant to your audience/readers.
- Try the product for yourself to make sure it adds value and it does what it says it should.
- Create a blog post/ video/ other form of content that is informative and relevant to the product you would like to promote.
- Ask the readers for their email address somewhere within the blog post/ video.
- Send the reader a series of automated emails that add value to your reader and help them solve the problem they are having.
- Offer them the product through your affliate link or URL to better serve your reader via another automated email.
- Boom! Take the commission and profit in the knowledge that you’ve helped someone out.
It may sound complicated, or it may sound simple, depends upon your level of skill with a computer, but trust me, this is so effective if you do it right. (There are tools and apps that make this process sooooo easy now.)
And this is how I’m doing it!
I am currently working on creating my own courses to promote, instead of promoting other peoples. This will give me the ability to improve on the current products that I promote, and allow me to have full control of my income.
But until that point – Here are a few benefits of Affiliate Marketing…
Why Start With Affiliate Marketing?
- Low Risk
Imagine investing weeks of your time into creating a digital course or information product, only to discover that nobody was interested because there wasn’t demand for it.
That would suck!
By promoting other peoples stuff, you can gauge what your readers are interested in, and how they respond to certain products, and how you can then improve on something to add even more value.
- Experience In Selling Online
When you come to launch your own product and start generating the big bucks, you’ll already be a seasoned pro at marketing and selling similar products online.
You’ll also have an email list of prospective buyers from the readers that you have perilously marketed other peoples products too.
So this is how my blog is making money so far.
If you want to know EXACTLY how you can start your own successful blog that pays you money every month, I recommend that you register for my FREE 4 day blogging course below.
This is the course that I wish I had when I first started out in the blogging World.
The course covers:
- How to start your blog the right way
- How to use your blog and make it look incredible
- How to grow the traffic to your blog
- And most importantly – How to make money from your blog.
Here is where you can sign up:
If you have any question about anything at all in this post, please feel free to leave a comment below and I’ll get back to you asap.