Ways To Spend Your Blogging Income
Have you received your first blogging income as a result of your hard work? Congratulations…that is something to be celebrated, no matter how big or small it was! Whether it is a Google Adsense payment, an affiliate product payment or some other form, it is exciting and things will only go up from here.
Have you thought about what you are now going to do with your blogging income? It may not be quite enough to go on a shopping spree, but it certainly could be enough to invest into your blog and as a result reap further success.
Before you start thinking about all the money that is going to be coming your way and how you are going to spend it, maybe sit back and think about how you can use that initial investment to work better for you.
Reinvesting your blogging income could be the smartest move you will make for your blog’s future.
There are many ways that you could invest the money to benefit your blog. In doing so it could make a difference into when you will receive the next payout….and the amount of it!
4 Ways To Spend Your Blogging Income
Advertise Your Blog
If you have not previously undertaken any advertising on your blog, you may now decide that the time is right, and use some of your profits in this manner.
As small investment could make a huge difference for your blog. If you would like to undertake advertising it would however pay to do your homework first, and really look at what avenue of advertising you wish to follow, how much it will cost and what expected return you are looking for.
Whilst advertising can be really effective for your blog, it could also be money down the drain if you fail to investigate it properly first! Two forms of advertising that many bloggers find useful are Google Adwords and Facebook ads.
Some advertising campaigns offer a coupon code for first time users, which can also help you get started. Spend some time looking at all the options before you commit to spending those hard earn’t profits!
Is It Time To Freshen Up Your Blog?
Spending some of your blogging income on a new look could pay off very well. If you don’t have a customised or premium theme, you may wish to consider purchasing one. Premium themes offer you more versatility with the design of your blog, and will allow you to undertake more things. When looking at advancing your blog, a premium theme can really enhance the look and feel and as a result help with the blogs popularity.
Perhaps you have a tired looking logo that could do with a professional tweak? Your logo is your brand, so spending your profits on this could prove to be a very wise decision. You don’t even need to spend big bucks on a logo. You can obtain some fantastic blog logo’s from Fiverr at the cost of….that’s right….$5! Once again, make sure you do your homework first, because the work you receive will vary. It pays to check out comments from previous customers before you purchase anything.
Any blogging income that you reinvest on the look of your blog is ultimately investing right back into your business and as a result could make a huge difference to conversion rates and thus more profit!
Invest In Blog Tools
Are there some blogging tools that you are currently lacking? Many bloggers find investing in blog tools worthwhile, so this may be something you might like to consider.
If you havn’t already set up a newsletter service, this would be a wise choice. You may only be spending $20 or so a month to undertake this, but the benefits will outweigh the cost.
Perhaps you have been looking at some tools that could assist with automation of tasks on your blog, thus freeing up your time to work on other matters. Any blog tools that you invest in will help your blog’s profitability in the longer term.
Subscribe To A Course Or Purchase An E-book
Any investment you undertake into your learning is going to be beneficial for you. Blogging is not an easy task and is not something that can be learnt quickly. Any investment you make into your learning, will not only increase your blog’s earning potential, but will also help this occur quicker.
The learn how to blog program for example provides full technical support to boost your learning and help build a profitable blog. For a minimal investment you can obtain a huge amount of information and support which will serve to boost your blogging income in the long run.
The first payout you receive on your blog, could be the first of many, but it really depends what action you take from this point. Your blog can help you create earnings on a continual basis, so investing some of your blogging income back into your business will help drive your blog forward. Your income is going to be small to begin with but if you sow the seeds well, then it will pay off for you in the end.
Putting your initial blog income back into your blog is literally a business investment. Business all around the globe do this, so why should your blogging be any different! Invest in your own success!
Have you started to see some blogging income? What did you do with the initial cash? Did you spend it, or did you invest it back into your business? Perhaps you are still waiting for the first payout? Do you have any thoughts about what you are going to do with it? Please share your thoughts with us below.