While I firmly believe that affiliate marketing and a handful of other internet marketing techniques can easily lead to a full time income, it’s still important to know the data about your business before diving into it.
In this post I’ll show you 3 blogging income statistics that might surprise you.
Blogging Income Statistic #1
Eighty percent of blogs never make any money.
Think about that for a second. Of all the blogs out there, there overwhelming majority don’t make more than one hundred dollars. Let alone $100/day.
Knowing that, do you still want to start a blog?
My answer is a resounding YES! And it has to do with the power of compound earnings. Read this post for more details.
Blogging Income Statistic #2
Of those bloggers that do earn a full time income, 90% work as much or more than they would at a full time job.
This means that even if you’re able to make a real living from your blog, you’re still going to be actively working for your money.
The point I really want to make is that blogging is not a get rich quick scheme. You should do a quick reality check before you decide to try and earn a zillion dollars online. Internet marketing is a realistic business, but like any company it takes a lot of work to get things off the ground.
If you’re up for the challenge, you should click here for a free course to get started.
On the other hand, if I just destroyed your dream of retiring to a beach house in Aruba then the last statistic is for you.
Blogging Income Statistic #3
2% of all bloggers make more than $150,000 a year working less than 10 hours per week.
Now, that sounds more like it. The question is: how do you get to be in this last group?
Despite these 3 income statistics, I think that the reality of becoming a professional online marketer is easier than you think.
For three reasons:
- Most blogs are personal.
- Most business blogs are designed to promote the company’s products, not make money directly from the blogs.
- Most people who try to make a living online give up after a few months.
Once you consider those three factors, then you start to get a real picture of what blogging income looks like.
Those who want to make money online can succeed, but only if they design their website with a business mind and commit to their website growth over a period of time.