It’s every person’s dream to know whether what they aspire to be will be profitable, bogging is not exceptional.2020 will be the year when more than 10,000 bloggers will launch new blogs, but before they do so, they have to be sure what they are about to do will be of what benefit. It’s for this reason that we provide facts regarding blogging, future trends, profitability and the best niches to start in 2020.
Here online there are bloggers who make up to $100 million per year, they have made blogging their full time job. However, for a new blogger it takes time before you start realizing reasonable income.
First, if you want to start blogging in 2020, what is the first thing to do? Well, you need a domain name, hosting services and a website. For a domain name and hosting services, you can pay as little as $2.65 per month at Bluehost, follow this link to register a domain name
Starting a blog is not a big deal, the real work is to create content that can attract enough readership. Most bloggers drop out when they don’t match with the who is who in the blogging industry.
But before you start the journey, it’s important to know some of the most successful bloggers and how much money they make in a month–this way, you will realize blogging isn’t just another time wasting activity but a serious venture that can completely transform your life and lifestyle.
Here is a list of richest bloggers in the world and the amount of money they make per month.
- Collis Ta’eed–$175,000 per month
- Mario Armando Lavanderia Jr—$575,000 per month
- Brian Clark–$1000,000per month
- Pete Cashmore–$2,000,000 per month
- Rand Fishkin–$4,250,000 per month
- Tally Friedman–$180,000 per month
- Jake Dobkin–$135,000 per month
- Cole Estate–$120,000 per month
- Gina Trapani–$110,000 per month
- Pat Flynn–$140,0000 per month
There are thousands of other bloggers making in excess of $10,000 per month yet they are doing blogging as a hobby. This explains why blogging has become not only a perfect side hustle but also the main job for people who are enthusiastic about creating content online. But despite the abnormally huge realistic figures quoted above, there is a lot one should understand before they start blogging. Knowing the most marketable niches, how to generate income and how to ensure that your articles rank on page one will go a long way into helping you achieve your blogging dreams.
Before you even register a domain name, you should know which niche you will be dealing with. In brief, here are the most profitable niches for bloggers in 2020:
- Fitness and Weight Loss
- Health
- Dating and Relationships
- Pets
- Wealth Building Through Investing
- Make Money on the Internet
- Beauty Treatments
- Gadgets and Technology
- Personal Finance
- Webhosting
- Banking $Insurance
- Career/Education
- Sports & Casino
After identifying the best niche, the next steps are to know how to get traffic and various ways of generating income, otherwise you can get stuck with your blog. One thing I would confidently confide in you is that it’s extremely difficult for a new blog to be competitive unless it’s regularly updated and follows SEO principles. You have to master how to write long tail keywords that will rank well on search engines. Tools like SEMrush will help you determine the most suitable keywords in your niche. There are bloggers who take this work seriously, so for you to walk with them side by side, you have to spend sleepless nights blogging.
It usually takes between 3 and 6 months for any new blog to start ranking well on Google. So when you realize that your articles are not indexed or are thrown to page 10 of Google, don’t be discouraged. As they say, content is king, ensure that your articles are of high quality, with time Google will realize they are useful and put them on page one. In addition, aspire to post at least 3 articles per week, the more frequent you post the better.
The final step is how to generate income from your blog.
Most bloggers generate income through AdSense. While this is a perfect source of income for new bloggers, you will realize that there are better ways to earn than relying on AdSense. Here is a list of various sources of income generation for bloggers;
- Ad Networks like AdSense, MGID etc
- Direct Advertisements
- Affiliate marketing
- Native Advertising
- Paid reviews/Sponsored posts
- Sell Digital products (eBooks, Blueprints)
- Launch an Online Course
- Offer Online consulting
- Offer Services based on your skills
At initial stages it’s only AdSense and other contextual ad networks like MGID that can generate income, other ways like affiliate marketing and sponsored posts come later when your blog start pulling in enough traffic.
For idea blog and regardless of the niche you are focused on, expect to make this amount of money from your blog in 2020.
1-3 months–$100
4-6 months—$200
7-9 months—$300
9-12 months–$500-$2,000
After one year of serious blogging, that’s when you’ll start realizing sufficient income, before then, your blog will only be generating small amount that cater for hosting costs.
