Ok, so I have mentioned many times that I earn a fair amount of money from blogging. But, I am small potatoes compared to some of the big blog earners in this world. Did you know that there are regular people like you and me who earn tens of thousands of dollars per MONTH just from blogging? It’s true! I am not in that camp, but I do earn as much just from blogging as I did from my full-time job when I lived in the States. You can too! It’s really not that hard if you are willing to spend the time doing so.
One thing that I have thought about lately is that I need to diversify the ways that I make money from blogging. The KING of money earners for bloggers is Google AdSense. I would have to say that AdSense is the number one earner for bloggers in general. However, lately, a lot of bloggers are starting to talk about needing to diversify with other advertisers or other ideas of how to earn from their blogs. Do you think that the only way to earn is by having ads like AdSense and others? Think again! I’ll get into that later in the article. For, now, let me give a few ideas on Advertisers, though.
Right now, I use AdSense, Chitika, Widgetbucks and a few other advertisers on my various sites. However, about 75% of my earnings are from AdSense. About 20% or more is from Chitika. The rest of from about a half-dozen other advertisers. From that breakdown, you can see that AdSense and Chitika are the big earners, though. My goal right now is to bring my Chitika advertising revenue up to the point where it is equal or at least close to parity with AdSense. How do you do that? Well, you look at the things that Chitika does well and emphasize those things. For example, it is well known by bloggers that Chitika performs great if you blog about products. For example, on this blog, I am blogging about how to earn money. That’s not product related, it is information related. However, I have started thinking about what other topics I can blog about that are of interest to me, where I have some degree of expertise, and also are product related. I can start those kinds of blogs, emphasize Chitka on those blogs, and hopefully dramatically increase my earnings from Chitika. I have several ideas on this and will start one later this week. We’ll see how the results are!
Now, I mentioned earlier that you can make money on your blogs without even having ads, right? Just how can you do that? Well, you can use your blog to gain a following of people, raise your profile and become an expert. Once you achieve that status, you use your profile to make money. For example, let’s say that you are a great painter. You start up a blog about painting. You talk about how you paint. You show photos of some of your art. You talk about your achievements in the field. After a while, people think of you when they think about painters. You start offering courses on how to paint. You start endorsing other painters and make a commission when they sell art. There are lots of ways that you can earn money when you are an expert or a respected authority on a subject. Use your blog to become the respected authority that you should be!
Next thing to think about here is that you don’t have to limit yourself to either doing ads on your site or building your profile. You can do both! Try to build more than one source of income from your blogging. It works!