Blogging Cost and Time Investment Analysis
Blogging is not just a hobby these days, it is a massive online business that anyone can build and from anywhere in the world. If you think blogging has reached a saturation limit or even has one, then you are wrong about it.
If you’re someone interested in knowing what it takes to become a professional blogger, what the blogging budget is, and how long it takes to refine the skills needed to create a professional blog, then this article can help you with that.
People from different age groups, including teenagers (above the age of 12) have shown a keen interest in blogging over the last few years and have enjoyed the momentum they have been striving for. You may wonder where is the evidence that blogging has no saturation or whether teenagers or people are making money from it and taking blogging to the next stage of their professional career. Well, all the details are scattered on the internet but there are platforms like Facebook, Twitter, YouTube, other social media platforms, and blogs that have proof of the existence of popular bloggers, interviews about how they began, and reached the peak of their blogging career.
When someone starts a blog, each person has a different purpose or objective, depending on the individual’s mindset. The aspirations can be anything from a daily journal to become famous or earn money online. Every blog niche has different expenses and time investment requirements. The good news is that people who want to create a blog just for their daily journal can start free if they have no other hopes from it. Indeed, free, without spending on any of the costs of blog creation. Websites that offer free blog creation are WordPress, Wix, and Blogger, etc.
The only expenses for daily journal bloggers (pre-amateur bloggers) are internet expenses, computer expenses, and training and education expenses. The first two costs are non-negotiable; without the internet or a computer, you can’t build a blog. Nevertheless, on YouTube or other sites, you can learn about blogging, get training and education from the beginner level to the intermediate or advanced level.
For cost analysis, the bloggers are divided into three as per the trends of their expenses. Keep in mind that the internet and other utility expenses are not included in the list, as they are the essential expenses that anyone has to carry when they launch their blogging career. Let’s take a look at the expenses list for three kinds of bloggers.
Website Development Expenses
Many expenses in this category are recurring annual expenses. The new website builders are in trend for their east to use user-interface (drag and drop functionality). But these website builders come at a hefty price than WordPress. Therefore, many bloggers prefer blog hosting expenses, instead of website builder expenses. The (drag and drop functionality) can be easily applied to WordPress at a one-time or recurring expense.
Computer and Accessories Expenses
All of these expenses are one-time setup costs for different bloggers if no credit is taken from the supplier (company) of the product or device. The cost of computers and devices is closely related to the device’s design, performance, functionality, and usability. Higher the device’s output, and features; higher its cost.
Training and Education Expenses
Training and education costs are vital to your blogging career success. The more you invest in training and education, the greater the achievement of your goals. Nonetheless, to get high traffic and high marketing or sales results, you must take advantage of your learning and knowledge and integrate it on your blog or website. If you are spending a lot of money on training and education but still not getting results as expected, then you are required to make a checklist of the activities you are performing and compare it with your competitors. The comparison results can give insights into your audience engagement, and the things that you are doing wrong.
Cost Analysis Blueprint
Some of the aspects of the cost analysis blueprint are indeed non-negotiable, without which you cannot make a competent website. You do not want to compare all kinds of bloggers with yourself if you are just starting up in the industry. The skills needed to establish a successful blog are not limited by the cost of equipment or training. In reality, it is the quality and relevance of the content that will make your blog a success.
Skills Required to Make A Successful Blog
- Basic Computer Skills
- MS Word, MS Excel, or Google Docs
- Internet Search
- Market Research
- Website Development
- Email Marketing
- Search Engine Optimization (SEO)
- Google Analytics
- Graphic Designing
- Weblinks, Funnels Development
- Social Media Marketing
- YouTube Marketing
- Facebook Marketing
- Twitter Marketing
- Quora Marketing
- Instagram Marketing
- Pinterest Marketing
- LinkedIn Marketing
- Facebook Ads
- Google Adwords/Ads
Time Investment Overview
“A man who dares to waste one hour of time has not discovered the value of life.”
– Charles Darwin
Solo Exhibition aka (Personal Blog)
It is a personal exhibition of content, ideas, views, and value systems. Solo artists could be anyone who wants to reach out to people to help them with simple solutions in any favorable niche they like to talk about. Most of the solo artists are people who want to change their lifestyle through a blogging venture. The exhibition includes a one-time composition of website development, payment gateways, and logo creation. The proprietor of the blog doesn’t need to learn the skills to build the composition, it can be subcontracted via freelancers.
On the other hand, routine composition requires a lot of skills to learn and work on. A blog can only be competitive if it has relevant content that search engines like and respond to when someone is looking for a keyword. Without a routine composition, it can be exceedingly difficult to create content that ranks on search engines and generates traffic.
Team Exhibition aka (Company Blog)
It is a team exhibition of content, ideas, reviews according to the line of products or services of the company. Team members are people who work for a corporation, either a digital agency or some other service provider. Their exhibition also contains one-time composition and routine composition. However, these team members do not start from scratch as they are working in their expertise and play their part in producing content for the organization or its clients.
Since these team members are already trained, they do not spend a lot of time on learning. Instead, they focus their time on planning how to create engaging content that creates awareness for the product and sales conversions. All their efforts contribute to an increase in the profits of the organization.
Time Analysis Blueprint
All in all, managing time is not easy when you are hosting a solo exhibition. In day-to-day life, it may be incredibly difficult for solo artists to find time away from their work, to research, and learn all the skills needed to create a blog or a website from scratch. Bear in mind, however, that if you create a website and are able to produce high traffic on it, you can sell your own professional courses or provide other transactional services that could be a source of passive revenue.
A few hundred dollars can drastically change your life if you are willing to learn different skills or even perform jobs of six different professionals to build your website from scratch. A few hours spent on a regular or weekly basis will help you build useful content, your online presence that allows you to offer transactional services if you don’t have a problem making a profit.