How to Make Money From Blogging?

In today's world, there is no iron rice bowl career. One must try to achieve a few income streams, so if we lose our job, at least our secondary income is still flowing in. One of the ways to earn secondary income is through blogging.

1. Set up a few websites from a free provider such as blogger.com

Some people like to buy a domain and pay for a server maintenance because it has a nicer website address but this can incur costs.

I prefer to use a free provider because whatever I earn from online is a net profit for me. Cost of my online marketing is zero.

2. I setup account at AdSense. This way I earn revenue when my readers click on the ads from AdSense. (My revenue is about US$50/mth)

3. I tie up with a trading company to do marketing for them, this is call affiliate marketing. Whenever my readers open their account from their website, I earn some commission. Commission for 1 standard account opened is US$250, commission for 1 mini account opened is US$100. (My revenue about US$600/mth)

4. Install Google analytics or map in your website to track who are your readers, and how many readers read your website.

5. After setting up your own website, AdSense account and affiliate account, you need to create traffic in your website. Meaning you need a lot of people to go into your website, then they will click on AdSense ads and open account.

a. One of the ways is to join forums, create signature with your website in it.

b. Contribute comments on others people website

c. Write ideas in your website regularly, so your readers will come again and again.

d. Contribute articles in article websites.

The 1st year can be disappointing in your revenue as few people know about your website. But subsequently it will be more and more popular and revenue will increase. Who knows, your online revenue may eventually be greater than your full time job.

See here for full report: http://basemetal-trading.blogspot.com/2008/08/earning-secondary-income.html

Currently I'm working as a trader in a hedge fund. Previously I was working as a commodity specialist in a bank, advising high net worth individuals and institutions on commodities trading.

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