We all know there are bloggers who make a lot of money online. But how do they actually make their money?
What better way to find out than by reading a blog’s income report. Not only can they be inspiring but they can help give you ideas on what’s bringing in the money. You can even sometimes get detailed information on their actual stats like traffic and exact affiliate programs they promote.
Many of the blogs listed below are the most successful on the internet and are now usually pretty discreet on exactly how they make their money. But I’ve put together a nice little list and you’ll find some of my favorites below.
Once you’ve broken it down there are 4 main ways bloggers are generating revenue from their sites.
- coaching– Once you’ve hit the Big Time on the internet, then people will actually pay you $100’s per hour just for your advice. Who else can charge that amount without having a Masters or even a bachelors degree? Not many.
- affiliate– This is the main way I and many others make money from blogging. Just add some affiliate links and some banners on your blog and watch the money roll in. OK, maybe it’s not quite that easy.
- ad sales – Selling ad space on your blog is a surefire way to bring in some revenue. You can charge advertisers whatever you want for them to place their link or banner on your blog for a set amount of time. The more targeted traffic your blog gets, the more you can charge.
- selling your own products/services – This is one of the best ways to significantly increase your blogs revenue and to spread your brand. Might take a little more work and money but the rewards can be even greater.
Of course, just because something works for one site might not work for yours. But why not checkout what’s working for one blog and see how they are actually making their money if they are giving up the information for all eyes to see.
Most of the super successful blogs stopped sharing detailed income reports on their blogs. While the others have learned how to make even more money from their blog just by sharing them.
Know any other blogs who post detailed income reports? Feel free to leave a comment and share it.