Again, keep in mind that your audience will be the lifeblood of your blog—so learning from them in the early days will be key in collecting valuable feedback about how you can best help them. For an in-depth look at my best blog monetization strategies, check out my guide: How to Make Money Blogging This Year.
Setting blog business goals
Lastly, when defining your blog as a business, you have to set clear blog business goals to begin working toward.
This will help you break down the big-picture objectives into bite-sized tasks that won’t overwhelm you on a daily and weekly basis.
Setting smart goals will also help you stay ultra-focused on doing only the activities that move you closer to those goals.
A few examples of goals you could consider setting for your blog during the first year include:
Getting to 10,000 monthly visitors (within 12 months)
Working 15 hours per week on creating and promoting blog content
Attracting 1,000 email subscribers (within 6 months)
Earning $1,000 in revenue from your blog (in the first 6 months)
Whichever goals you decide to set for yourself, make sure they’re as realistic as possible, clearly actionable and measurable—so that you can regularly look back and reassess how you’re doing.
Once you’ve laid this solid foundation for your blog business plan, we can move armenia phone number library to analyzing competitors and learning more about how they make it work in your niche.
2. Do a Competitive Analysis of Other Blogs
Before you even launch your own blog (or transform an existing blog into a proper business), you need to learn from your competition.
Yes, that’s allowed. And no, you don’t need to do anything shady—or involve Russian spies.
Competitor Analysis and Learning From Your Competition to Develop a Plan
Spying on your competitors and gathering insights is a great way to validate your own ideas for how to bring a blog business plan to life best. Take a peek at my top small business ideas to see if they inspire any new angles for your full-time (or part-time) business blogging efforts, too.
It’s also a fantastic way to learn what it takes to become successful within your niche. These are the three main things you’ll want to do when it comes to competitor analysis.
Identify your main competitors
Identifying your competitors helps you see the potential your blog business has within the niche you’re operating in.
Even more importantly, it also helps you clearly see the kinds of products your audience loves and is already paying (someone else) for.
So, how do you identify who your competitors are?
Do some keyword research to determine which top words & phrases you want your blog to rank for in Google results (considering setting up Google Alerts to monitor them, too)
Again, keep in mind that your audience will
-
- Posts: 17
- Joined: Tue Dec 24, 2024 3:54 am