There are literally millions of blogs out there, but the vast majority of them don’t make any money. Most blogs don’t get all that much traffic, so their potential to make money is fairly limited.
A lot of people who are new to internet marketing will try to put up ads on their website and write as much as they can – but most people don’t get too far with that method either. To make any appreciable sum through ads on your site you’ll need to get tens of thousands of visitors per month and have your website represent valuable keywords.
Ads are probably not the best way to make money blogging, although once your blog gets popular they can definitely supplement your montly income.
In my opinion, the best way to make money blogging is to find a niche, develop a reputation as an expert in that niche, and sell highly relevant products directly to your visitors. Here’s an article I wrote about choosing a niche. (well, it’s about starting a profitable website but that’s a big section of it)
Once you develop your blog in your niche, you can start to build a mailing list from your readers and make sales by emailing them offers. The products you sell on your blog can either be your own, or they can be affiliate products. An example of your own product would be selling an eBook you wrote, or some physical product. An affiliate product would be one that you are selling on the behalf of an affiliate program.
You also need the traffic no matter what you’re selling, and the best way to do that is through high quality link building to your main page and internal pages of your blog. Just remember to stick to blogging for a while before you expect to make much money, it takes a while!
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Johnny Optimo always recommends you go with Hostmonster for shared hosting - with so many tools you need almost zero experience to install a wordpress blog or website
Fast Blog Finder is one of my favorite tools to find blogs, it lets you search for blogs based on pagerank, keyword AND nofollow status - that's right, NEVER waste your time posting another nofollow link again with this awesome software. Click here to buy (it's $99 but so worth it). absolutely necessary for link building. With this alone I can make a blog PR3 within 2 months.
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