Thursday, June 30, 2011

How Much Money Can You Make Blogging?

Well, that's like asking how many pounds of fat can you lose in 3 months. It really all depends. Some people make nothing, and some people make a full-time income from home. However, let's throw some hypothetical numbers and scenarios and see what we can come up with.

Example 1:

Let's use a scenario where you implement Google AdSense into your blog. Each time a user clicks an ad, let's hypothetically say you get paid $0.10. Now, let's assume you have high traffic and 1000 people click your ads each day. That's $100 a day.

Let's say your blog gets even more popular and increase to 10,000 people clicking ads each day. That will be $1,000 a day! If you can learn how to market your blog from home, you can be making this kind of money.

Not only that, since your blog is an asset, it's working for you 24 hours every day. You don't have to do anything except sit back and watch the money pour in.

Example 2:

If you want to know how much money you can make blogging, you also need to consider affiliate marketing. This is wear you promote another company's product or service and you get a commission. Let's say you want to market an e-book about How To Train Dogs on your blog. Now let's say each e-book costs $40 and you get 50% commission each sale.

Let's use more conservative numbers and say only 1000 people visit your blog each day and only 10% purchase the e-book. That's still $200 a day. That would be about $6,000 a month. This includes the weekend days since your blog works for you everyday and doesn't take a break.

Example 3:

So how much money can you make blogging using a sponsorship system? This is where your blog promotes a business opportunity to people who want to make money online. Let's say you only have 100 people visit your blog each day and 50% create accounts and each account is $10 a month. That would equal to about $15,000 a month of residual income!

The best way to make money would be to combine all of these examples. This would mean to create multiple income streams and there really is no limit as to how many you can have. Many people do and make a lot of money working full-time at home with their kids.

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