154: How to Grow Your Blogging Income

Grow Your Blogging Income Today, I am going to continue on from episode 153 where I outlined a timeline of how I added different income streams over time.  I felt like there was a little more I could say about diversifying your income in that way and growing your income. I think there are some principles that you can pull out of the story. I hope that you find these observations and words of encouragement helpful. Further Resources on How to Grow Your Blogging Income How I Diversified My Blogging Income and Became a Full Time Blogger How to Make Money Blogging Full Transcript Expand to view full transcript Compress to smaller transcript view Hey there, it’s Darren from ProBlogger. Welcome to Episode 154 of the ProBlogger Podcast where today I want to continue on from the last episode, 153, where I outlined the timeline of how I added different income streams over time. I felt like there was a little bit more I could say about diversifying your income in that way and growing your income because I think whilst hearing a story, I think there are some principles that we can pull out of this story. I hope that you find these observations and words of encouragement helpful for you. Let me get into a few thoughts on that story I have told you. Let’s start off by talking about three ways that you can grow your blogging income. You will have heard in that story three things that I’ve done over time to grow my income. The first one, probably the most obvious one in that particular story, was that I diversified my income streams. I did this right from the start, I had AdSense and Amazon Affiliate Program. One earned me a dollar a day, one earned me a few cents a day. It wasn’t really that spectacular a story, I have to admit. Along the way, you heard me tell how I added a second ad network. That was a really important moment for me where I added Chitika on top of my AdSense earnings. That almost doubled my income over night. That was a really important moment, it was an exciting day. The same thing happened when I moved from just having advertising and affiliate promotions as the bulk of my income and then started to create ebooks. Within a couple of months, I again doubled my income streams. That was a little bit more spectacular than just going from a few cents a day to a dollar a day. Diversifying your income streams is something that I think a lot of bloggers who have been blogging for a while, most of them are really focusing in on one or two income streams. Maybe there is a way that you can exponentially grow your income in a relatively short time because you’ve done a lot of that hard work already of building your audience up. If you’ve got an audience, if you’ve got engagement, that is perhaps a bit of a shortcut. It’s still going to take you a lot of work but it’s definitely something to consider. A couple other things that you can do to grow your income in addition to diversifying your income streams. Firstly, and these aren’t rocket science but these are things that you need to be working on all the time. Grow your traffic, you heard me talk about that first year where I didn’t have any income streams, that was a year where I put time into growing my archives of content, building traffic, and deepening engagement with my readers. Growing traffic is something that’s really important. I realized very early on, literally within a day or two, that I could double my AdSense income by doubling my traffic. You can’t always double your traffic and that doesn’t always translate over because different types of traffic convert for different types of income streams at different rates. The principle applies through all the income streams that I outlined in the last podcast, all of them will grow up if you are able to increase the amount of traffic that you have and also the quality of traffic that you have as well.