Hoping to get more people to invest in digital entrepreneurship, What is the Best Ways to Make Money Online published an article on how people can start making money online through business blogging. The website laid down a master plan on how to build, grow, and monetize one’s blog in order to earn. Accordingly, blogging nowadays has leaped to another level where bloggers no longer just treat their blogs as personal diaries but as pathways to financial success.
Now if you read this personal finance blog, like many of us, you will understand that there are a number of ways to boost and manage your income, not just through blogging (i.e. making money online), but also in how you handle the income that you made.
For those interested to create wealth through blogging and various online methods, let’s start here:
Business Blogging
Business blogs are essentially websites publishing content about business, finance, investing, and other related matters. However, business blogging is a different thing as it goes beyond just building a blog under a business niche. Instead of a blog about business, business blogging is building a blog for business. This means that a business blogger can choose anything under the sun for their niche but use their blog as a means to earn online. Therefore, business blogging, in its essence, is “launching a business blog to grow a business by means of using it as a way to establish an online presence, widen brand awareness, and generate leads.”
Business Blogging Starter Pack
Before launching a business blog, an aspiring digital entrepreneur must have these three things: expertise, resources, and a goal. A business blogger’s expertise involves both their knowledge and skills. Instead of marketing a product, they are marketing themselves and the value they can provide their readers through the kind of content they publish. This means that choosing a niche is a very critical step since they need to make sure that what they will choose is something they have a certain level of expertise on.
Aside from their expertise, a business blogger will rely on external resources like time, money, and digital tools and platforms. Growing a blog will require time and effort as well as a financial investment when it comes to putting up a website that will house the blog and improve the user experience through digital tools and platforms. Lastly, what will help a business blogger stay on track is their determination to reach their end goal. Starting and growing a business blog in a digital world where you have a lot of competitors will really test your passion. However, someone who is deeply rooted in their goal will always be reminded why they started and why they should keep going.
Building a Business Blog
Accordingly, the step-by-step process of launching a blog involves five steps. The first one will require an aspiring business blogger to choose their niche. A niche is a specialization and will dictate what kind of information will be published in one’s blog. Next, they should set up their blog’s domain and web hosting needs. Since a blog is part of a website, it should have a domain name and must be running through web hosting services. The third step requires them to choose a blogging platform or content management system. One of the most popular (and recommended by the website) CMS nowadays is WordPress especially because it is very user- and beginner-friendly which is an advantage to those who will be starting their blogs for the first time. Once they are done with the first three steps, they can now start customizing their blog including its theme, design, and structure. Lastly, they should publish relevant content under the niche of their choice. It will be through their articles and posts that people will get to notice their blog and continuously visit it which will then drive traffic to the site.
Growing and Monetizing the Blog
Making money through business blogging will require aspiring business bloggers to grow and monetize their blogs. Accordingly, growing a business blog entails the owner’s focus and investment on three things: content, SEO, and promotion. Since content is the lifeblood of a blog, it should always provide value to the readers in a way that it answers their questions or offers a solution to their problems. One way to improve their content and make sure that it reaches the target audience is to conform to SEO requirements in order to rank higher in search engines. In the same way, content promotion can also be done through marketing strategies online especially in social media.
Growing a blog goes hand in hand with monetizing it. There are various ways to monetize a blog but the most popular ones include advertising, sponsorship, and affiliate marketing. More of how aspiring business bloggers can grow and monetize their blogs successfully are discussed on the website.
