Blogging is one of the most tested old ways of making money online, although it’s not a get-rich-quick model, in fact, it takes time ( 5 – 8 months ), when done properly, you will keep raking so much money from it.
What’s is Blogging?
Blogging is simply a way of expression, you choose your niche and keep creating content that resonates with your audience. For example, say you are a relationship expert, you can start a blog and start writing about relationships.
When you become an authority, you can start charging for your service, you can make money by selling books, ebooks, online courses, affiliates, advertisements, etc.
It’s a great way to make money online.
Cost of Startup
A blogging business is one of the businesses you can start with a small amount of capital. You can start with a free platform like Blogger.com, Blogger is own by Google, and it allows you to create a free mini-website with a subdomain, however, you can buy a domain and link it to your blogger account.
You can start free and then transition to a premium platform later. The premium platform gives you freedom for customization and also allows you to own your content and resources.
You can start a Blogging Business for as low as $0 or $50 to $100 annually
Organic Method: This is a very good method but it’s a long-term model, it involves building your audience organically without paying for advertisement. While this is a good method, you will likely not get immediate results.
You can build organic traffic through Quora, Facebook, Twitter, and Linkedin
This method is good to build a solid audience for your brand on Social media
Paid Advertising: If done correctly, this is the best method you can use to create brand awareness for your blogging business. Facebook/Instagram and Youtube advertisements are the best to create awareness for your blog.
Pros and Cons: This is a very good business for you to earn high revenue, but it requires that you put in the effort before you can achieve your goal. It’s not a get-rich-quick model, it requires patience as well.
Estimated Monthly Revenue: If done properly, this business has the potential of making you at least $500 to $2000 monthly.