We’ve all dreamed of being the next best-selling novelist or billionaire with our own show on Netflix, but what are the chances that any of us actually make it? In the same way, many of us have tried to turn our hobbies into profitable online businesses, but we can’t help wondering if our efforts will ever pay off—or if they already have and we just don’t know it yet. The good news?
These are not household names
A quick Google search will reveal that there are many bloggers who make a comfortable living from their craft. But how do they do it? How do we work on it? Let’s take a look at the top earners in the blogging world and see how they make their money. A study by blogger Sanam Shakir found that these were the six best-paying industries for bloggers:
- Corporate Sponsorship/Advertising
- Affiliate Sales/Marketing.
- Brand Ambassadorship
- Speaking Fees
- Books and Ebooks
All but one of these is passive income, which means you don’t have to spend your days doing this to earn a living – something our previous generations could only dream about!
They are highly focused
Making money blogging requires a lot of hard work and dedication. The top bloggers in the world are highly focused on their craft, and they work on it day in and day out. They don’t just publish content willy-nilly – they strategize, plan, and edit their posts to ensure they’re providing value to their readers.
They stay up-to-date with current events that might be of interest to their audience. And because they want to grow their blog, they know how important it is to stay plugged into social media sites like Facebook and Twitter so that new followers can find them easily.
They earn more than $200,000 per month
Top earning bloggers make over $200,000 per month. This is how we work on it: we research, write quality content, and market our blogs. Plus, we also use affiliate marketing and sell products. It takes time to build a successful blog. We must commit to blogging regularly and put in the effort.
It’s important to have realistic expectations, too. We should not expect that blogging will be an instant money-maker for us.
They have made a fortune by following the right strategies.
1. There’s no one-size-fits-all answer to this question, as bloggers’ incomes vary widely depending on factors like the niche they’re in, the number of sponsorships and advertisers they have, and how we work on it their blog.
- However, we can take a look at some of the top-earning bloggers of 2020 so far to get an idea of how much money can be made from blogging.
Many did this on top of a full-time job
For many bloggers, their blog is a side hustle that they work on in addition to their full-time job. It can be a lot of work to maintain a successful blog, but it can be very rewarding monetarily. Here are some of the top-earning bloggers of 2020 (so far).
No niche is off limits
From fashion and beauty to motherhood and travel, there’s a blogger for every topic. And while we may not all be raking in the big bucks, we can definitely learn a thing or two from the top earners of 2020. Here’s how they’re making it work and how we can too.
First, take your blogging seriously: These entrepreneurs work on their blogs as if they were full-time jobs. They spend hours on research and writing; tracking stats and SEO; sharing content; responding to comments; etc.
Secondly, collaborate with brands: Don’t forget that you are a business owner! That means finding ways to monetize your blog by partnering with brands that are aligned with your values.
Thirdly, connect with influencers: Not sure how?
There are still many opportunities to get started… today!
You might be wondering how we work on it and how much bloggers make. We’ve got the scoop on the top earning bloggers of 2020 (so far). Check out the list below to see who’s making bank! It’s quite a bit of money, but if you want to get started as a blogger, there are still many opportunities. Here are things you can do right now:
- Explore social media – this is a great way to interact with people in your field. II. Engage in blog discussions – posting comments is a great way to connect with other bloggers, drive traffic back to your site, and improve your SEO ranking.