BlogWelcome to the Donegans' blog. Start reading for help with investing, financial independence, lifestyle design, and many mini-experiments!
|
|
|
Back to Blog
How to make money on a blog13/2/2019
This has inspired me to write this article about how I did it, and to give you 10 ways to make money by writing a blog or creating content. How I made £0.29 bloggingDo you care if Alan made 29 pence from blogging? Probably not. It is not the 29 pence you should care about, it is the principle, and how you could use it to build passive income over the years. The main steps I followed were:
The article I wrote was entitled "What are you spending your money on?" It had a reasonable title and I wrote content I felt passionate about. I wrote about helping people save and invest, and then within that article I recommended two books that I truly believe in. One is called the The Simple Path to Wealth by JL Collins, and it is a book that changed my life. It simplified investing for me, and really helped me to get going investing in the stock market. I signed up for an Amazon Associates account and then I added an affiliate link with a picture of the book. I wanted to make it easy for anyone to buy the book that helped me so much! If anyone clicks on this link it takes them to Amazon where they can buy the book. If they order it within 24 hours then I would get a commission for being the person who sold it. That is how affiliate sales on a blog work. You recommend a product to an audience and then if they buy the product, the person selling it (in this case Amazon) gives you a commission for selling it. Affiliate sales ethics
The winners out of this deal are:
Where affiliate sales goes wrong is when people recommend products they don't believe in, just to get affiliate commission! There are a lot of sites out there that have made money and scammed people this way, and there has been new legislation brought in saying that influencers must disclose when it is an affiliate link and they are making money out of recommending things. I felt comfortable because I truly believe in the product and it clearly says it is an affiliate link! So far we have...… written good content that I thought would help people, shared further reading that I thought would continue to help those people on their journey, and then the all important step. PromotionI shared the post on Facebook on my personal timeline. I replied to every single comment, which caused greater engagement on Facebook and meant the post was seen by more people. There is no point having good content and an affiliate link if you don't share it! Traffic to alandonegan.comI have linked Google Analytics to my Weebly website so I am able to see the people that visit my website. Not who they are by name, but lots of other information about them, like how long they stay on the site, where they come from, and what pages they click on. This is the chart for the traffic, and you can see when I shared the post on Facebook on the 3rd of February there was a big spike of traffic to my site. 96 users came through to my site that day.  We can also see where that traffic came from. 96 sessions were from Facebook, and specifically 79 were from mobile Facebook! So people saw my post, clicked through, and read the article.  I love data...…….. Traffic to affiliate sales and 29pI was checking a day or two later, and I noticed in my Amazon account I had 29 pence! I did a little dance, Katie and I screamed at each other (it doesn't take much to get us excited), and we had made some money! You can see some cool data from Amazon to see who clicked on the link and if they bought or not. This graph shows the clicks, the times, and then if they actually bought the book within 24 hours afterwards.  You can see from the little chart from my Amazon Associates Account that over the week, 11 people clicked through to Amazon from my blog and looked at the product, and 1 person actually bought the book!  Here it is! The order that someone placed for The Simple Path to Wealth through my website. We made money, and I am so, so, so pleased! I am so happy for two reasons; the first is because I have a cool story to share with you all, and secondly because whoever bought the book is going to love it and get great value out of it! Is it possible to make money blogging?I think we have categorically shown that it is possible to make money blogging here, but there is a critical thing to remember: if you want to make money out of affiliate commissions then you need a lot of traffic. I had nearly 100 people visit my website that day, and 1 person bought, so that is a 1% conversion rate. That is actually pretty spectacular for affiliate earnings. I would need to work to get 1000 people to my website to make £2.90 a day and 10,000 people to earn £29 a day or about £1000 a month. It takes a lot of traffic to generate a reasonable income from a blog, but that is not to say it can't be done. I just want you to know the size of the task in front of you if you choose to start a blog, YouTube channel, or podcast! We do have lots of alumni of the Rebel Business School that make money online in this way, but it is one of their income sources that they complement with different ways to make money as well. It is possible to do this, and that article is live now, so if someone finds it and reads it, and buys the book, then I would get another commission and earn money for no more work. 10 ways to make money bloggingHere are some different ways to make money online through your blog, YouTube channel, or podcast:
There are so many different ways you can make money from blogging and an online business. I was inspired to write this post to share with you what I have been up to, and how I made my first 29 pence from my new blog! Do you think content creation is a viable way for you to make money? Have you tried launching a website and a blog? What have your biggest challenges been doing this? I would love to know. Write to me and tell me more and this will inspire me to create more content for you and more examples...……. Thanks for reading. Stay happy, have fun, and make a little money doing something you love! Alan |
RSS Feed
