There are a handful of things you need to do to be able to start making money from blogging. This includes: set up a bank and pay pal account, and create a media kit. You need a bank account to be able to connect to your pay pal account. The pay pal account is a secure way to do transactions and get paid.
A media kit is really important so when you want to do business with a company, you'll be able to show them how your blog would be the perfect fit for their product or service. A lot of times what determines whether or not a company will do business with you is dependent on what information is on your media kit. You'll want to include a small bio about yourself and your blog, statistics, demographics, the number of Facebook, Pinterest, Twitter, Google +, and Instagram followers; past and current projects, and a list of advertising options and pricing. Your advertising options can range from: giveaway or sponsored post, an ad, a Facebook or Twitter shout out, and a pin on Pinterest.
If you have a wonderful idea, product, or service and want to sell it to the masses the first thing you'll need to do is set up a store. If you don't want to set up a physical store, then the next best thing is a virtual store. You can do this from: Etsy,Google Wallet, Shopify, and Ebay. If you have that great idea, a good way to sell it is to create an ebook. Ebooks can range from .99 to $9.99 and would recommend you use e-junkie to facilitate the sale. E-Junkie provides shopping cart and buy buttons to let you sell downloads and tangible goods on your blog.
There's three different ways of advertising, we like to call them the ABC's of advertising:
A) Affiliate- this is where you sell other companies product on your page where you can get paid per sale or a percentage of the sale. All you do is add an image with the link and put it on your blog. There is a high potential in earrings for this option.
B) By the view: CPM (cost per 1,000 views)- is a great way to start making money but sometimes you tend to earn less money with this type of advertising, unless you receive a lot of page views on your blog. It's recommended you use a media buyer or company to fill in your ad spots.
C) Click it: CPC/PPC/CTR (cost per click)- is a better way to earn money per 1,000 ad views but there is more risk involved. Having the right product on your site and demographic is crucial into making this successful.
The "secret weapon" to earning money is:
1. Page views, page views, page views! The more page views you receive the more money you can expect to make.
2. Pages per visitor- quality of the visits is also important. If you get a lot of visitors that visit only one of your pages, that's not good. You want visitors to click on several pages of your blog.
3. Length of visit- the longer someone is "sucked" into your blog, the more likely they will click on more pages and visit again.
4. Quality of content- content is king in the blogging world. If you have a great looking blog and no quality content, your followers will see that and won't come back. If you have quality content people will come back to your blog and be devoted followers.
5. Getting found- make sure you use social media sites that fit best for your blog. Most of the time we spend is promoting or posts through Facebook, Twitter, Pinterest, Google +, Instagram , and other social media outlets. The more you're out there on the internet, the more likely you'll be found.
If you want to learn more about how to make money blogging, you can watch and listen to our Dad's class by purchasing all of the audio and video recordings to the conference for a low price of $29! Go here to purchase them!
We're starting to plan for next's years conference, so make sure you register! We would love for you to come!
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