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- Case Study 📚 How to make $5,000 From A Financial Blog
Case Study 📚 How to make $5,000 From A Financial Blog
Meet Jon, the proud owner of a thriving online finance blog.
Faced with the challenges of long-term debt, Jon decides to take control of his financial destiny.
Driven by a thirst for knowledge, Jon immerses himself in the world of personal finance and self-development.
He got the idea to write about his journey from being in debt to becoming financially independent, so he started a blog.
But Before diving further into this inspiring tale of success, let's give a shout-out to our sponsor:
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The blog became a record of his discoveries as he explored ways to budget, manage debt, and find investment opportunities.
Jon uses it to learn and teach others who are going through similar challenges.
He sets goals like making budgets and paying off debts, and each achievement brings him closer to his ultimate aim of being financially free.
The transparency in sharing both the ups and inevitable downs creates a relatable narrative for readers on their financial journeys.
Recognizing the importance of investments in building wealth, Jon reviews various platforms that simplify the complex world of investing.
His is now a popular resource for readers looking for information about platforms such as Nutmeg, Cardeo, InvestEngine, Vanguard, and MoneyFarm.
The blog's legacy extends beyond financial freedom, becoming a testament to the potential for personal growth and empowerment through the pursuit of knowledge and sound financial practices.
We'll take a closer look at the strategies that underpin Jon's platform in the case study.
By applying similar digital marketing expertise as the one found in our free course at Max Business School, Jon was able to harness his passion and turn it into a flourishing online empire.
Jon's story continues to inspire, reminding us that the journey to financial freedom is not just about money; it's about reclaiming control over one's life and forging a path to a brighter, more secure future.
Case Study Analysis
(Available Free Until: 06/02/24)
What does this online business do? 🚀
The newsletter will analyze a UK-based financial blog that helps visitors make wise decisions about their monthly budget and manage long-term debt.
The blog earns around $5,000 per month and has a good reputation in the UK and the US.
With that being said, let us take a closer look at how online businesses function and the strategies they employ to achieve growth.
The newsletter will examine the blog's strategies for growth and identify areas for improvement.
How does this online business make money? 💻
A blog recorded 24k page views in the last 3 months and aims to achieve 100k traffic in the near future.
The blog relies on organic traffic, strong keywords, and backlinks, and covers trending topics.
The blog also uses Pinterest and TikTok to reach young audiences.
It reviews credible and reliable platforms for budgeting and financial needs and recommends Bluehost under its affiliate program.
Ezoic is used to host display ads to generate additional income.
What has this business done well?🔥
Organic Traffic Strategy:
Helpful content and strong keywords are two main reasons why the blog celebrates high traffic.
Its content caters for your visitors' individual needs, by containing relevant keywords that serve visitor's intent.
According to our analysis, the top keywords of the blog and their respective rankings indicate a strong commitment to their SEO strategy.
This is a clear indication that this business has a clear vision of what they need to do when it comes to creating content that performs well in search rankings.
User experience:
In terms of website appearance, the blog is well-presented with an organized structure.
Most money-making blogs are very distracting with loads of display ads, large images and numerous colours, that give the website a rather chaotic appearance.
This blog, on the other hand, is quite the opposite.
It features only a few images per post, minimal display ads, and a single primary color.
The main focus of the blog is the text content.
A good practice is making sure the website is easy to navigate, which this blog has put a lot of thought and planning into.
The structure and layout of pages, posts, and information are notably designed to make accessing information a breeze.
What this business could improve?🔥🔥🔥
Improve Affiliate marketing strategy:
The blog has recorded a decent monthly earning from affiliate marketing, averaging $2,000.
However, this figure can be even more if the blog employs enticing marketing tactics, to motivate its visitors to purchase.
The ratio between the number of website visitors and the Affiliate marketing income is very underwhelming.
A few marketing tactics for the affiliate products and software would greatly improve their monthly earnings.
No Paid Search Traffic:
Organic Search tactics are a cost-effective way of reaching out to your desired audience, and in most cases is a very lucrative way.
In the same way, Paid Search traffic performs certain functions that Organic search cannot. To mention a few:
Reaches a very specific market that you can tailor design;
Ensures your post attracts new (potential) clients;
Gives you complete control over when and where your post displays;
Make sure that your content reaches the right users based on their intent.
The Takeaway, What We Learned 🎓
Organizing content: Your blog posts are beneficial to both the website visitors and you as the editor (content creator). Make sure your content is well organized and easy to navigate.
Organic Search traffic: This is a proven method to have high volumes of traffic. It is also cost-effective and relatively easy to manage. Put together a comprehensive and persuasive strategy to grow your blog organically.
Social Media: Make use of platforms like Pinterest and TikTok aids in driving traffic to the blog. Its resourceful and can be low budget.
As we come to the end of our newsletter, we invite you to visit the fantastic blog we've been talking about: Project Financially Free
What would you like to explore next? ⏭️ |
Before You Go 👋
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Bye for now,
Scott Max