One of the first business concepts to emerge from the development of the internet is blogging. Blogs are specialised online periodicals that readers consult for guidance, resources, and information. Popular blogs include Techcrunch, which began as a hobby but evolved into a company that was bought for about $25 million, Buzzfeed for news and issues relevant to millennials, and Entrepreneur Handbook for guidance on launching, managing, and operating a business in the UK (we couldn’t resist). Video-making tools are also useful for blogging.
The number of blog entries published each day exceeds 4.4 million, and this number is rising as more amateur bloggers start their blogs and the publishing industry as a whole transitions to an entirely online business model. Because of this, there is fierce competition in the blogging industry, but there is still room for new entrants.
You must choose the niche you want to write about before you can begin blogging (popular areas include business, beauty, lifestyle and finance, although there are many more). Additionally, you must be well-versed in search engine marketing, design, content marketing, writing, editing, and the use of the majority of the key digital marketing tools (social, email and notifications).
The following steps involve getting a domain name, setting up hosting, and building a blog-style website with WordPress or a website builder (you can also use platforms like YouTube or Vimeo if your video blogging). Over 50% of your visitors will view your blog on a mobile device, so make sure your website is responsive (mobile-friendly). In order to examine reading statistics and to ensure GDPR compliance, set up Google Analytics (blogs by default have massive exposure when it comes to processing and storing personal data).
You must now create a content strategy (use keyword planner for basic keyword research). Your success will depend on creating a solid content strategy, which should take at least 2 to 3 weeks. Now is the moment to develop your social media profiles, newsletter templates and captures, as well as a continuous marketing strategy to expand and keep your audience on these platforms.
The easiest way to start monetizing your blog with display advertising is to sign up for Adsense (pays per click and per thousand visitor impressions) and add relevant advertisements in your blog’s top performing locations (in content, header, footer and sidebar). Through affiliate marketing, which involves promoting a third party’s product and earning a percentage on any sales, blogs that are focused on a certain industry or specialty can also efficiently monetize. You can also investigate lead generation for B2B blogs, which involves gathering reader information and interest in purchasing a certain good or service before selling that lead to a direct supplier or third-party provider.
As we’ve already discussed, blogging is a very competitive industry, yet new blogs are launched every day that go on to be popular and lucrative. Although blogging is not a quick way to make money online, it is comparatively inexpensive to start and expand a business.
Use eBay to buy and sell
On eBay, a marketplace auction, you may buy and sell almost any new or used item you can imagine. On eBay, clever buyers and sellers have made and are still making large fortunes (see the astonishing Red Paperclip story).
There are many deals and undervalued products you may uncover, properly relist on the market, and earn from while buying and selling on eBay. To make a killing, you can also buy from other websites (like Alibaba) and sell your purchases on eBay. Alternatively, dropshipping on eBay can be a better option if you don’t have the money to buy inventory up front because you won’t need to buy or hold stock.
Setting up an eBay business account and a PayPal business account is required to get started on eBay (verification may take some time). The next step is to decide which product category your eBay shop will focus on buying and selling. Right now, finding bargains on and outside the marketplace to later resale for a profit is everything. For the majority of niches, you’ll need to regularly update what you’re purchasing and selling because the market might change quickly.
The presentation of eBay listings affects both the volume and price of sales when it comes to selling. Make sure you have clear item descriptions and high-quality images (condition, delivery times, and so forth). In many instances, a strong presentation can boost the auction price by up to 20%. In order for buyers to find your item on eBay and be motivated to click through to your product listing, you also need to ensure that your items are properly categorised and have the appropriate titles. Start small, purchase goods, repackage them, improve them, and then sell them for a profit. Since there are so many sellers on eBay, it can be difficult and time-consuming to succeed as an eBay merchant. According to statistics, just like most businesses, yours will fail. However, if you endure and take wise decisions, you may be able to develop a very successful company.