Making money online is a goal that many people have in their lives. While it once was a pipe dream for individuals, that is no longer the case. The advancements in technology and the internet has opened up many different possibilities for individuals to make side income or even full-time income from home.
There are several ways to make money online, and two of the most popular, and potentially profitable, options in this space are blogging and vlogging. However, between the two, which is better for making money fast? In an effort to help, we are going to go through the benefits and drawbacks of both options, before
Benefits and Drawbacks of Blogging
Blogging has been around for longer, and has been proven to be a viable way to make money online. One of the biggest benefits of blogging is that you have complete freedom and creative control. You can choose the design of the blog, are free to post whatever you’d like and can choose any web host you’d like.
It is also easier to monetize your blog in many cases. You have several different options when it comes to making money from your blog. You can advertise with any company, network or provider, make sponsored posts, create a mailing list and have many other options at your disposal. If you want to learn more about how to monetize, or successfully start, a blog, consider checking out this guide made by Today with Jay.
Of course, there are also some drawbacks associated with blogging when compared to vlogging. First and foremost is the competition. Because blogging has been around for longer than vlogging, there are many more established blogs than there are vlogs. In fact, there are believed to be hundreds of millions of blogs on the internet.
Also, another potential drawback of blogging are the costs. You will need to pay for things like your domain name, your hosting, as well as any web design that you decide to use. You will likely be paying for these for a while before you start to have a large enough audience to monetize your blog.
Benefits and Drawbacks of Vlogging
Vlogging is newer and uses videos instead of articles to share content. Video is a growing content and the preferred method for many people to consume their content. In addition to likely having a larger potential audience, there are less people vlogging than there are blogging. As a result, there is less direct competition for the eyeballs of the public.
Another great thing about vlogging is that it is much easier and cheaper to get started. Our phones already have a high-quality video camera, and it costs nothing to start up a YouTube channel or post videos on your site/social media pages. Also, it takes only a few minutes to start up a YouTube channel, so it can be done very quickly and easily. Of course, as you get more successful, you should look to spend some money on increasing your production and quality.
On the other hand, there are also some cons that go along with vlogging. One is that you are a bit limited with your creativity. You don’t have your choice of advertising providers, and YouTube channels all essentially look and act the same. You are essentially forced to use the platform as the creators intended. While you can make videos of everything, the content needs to be deemed suitable for advertisers in order to actually get paid.
Another potential drawback is all the work that goes into shooting a video. You need to get the right area and lighting, get the script written and performed, edit the raw footage and potentially several other tasks. This can often take hours. Sure, you need to edit a blog, but that generally doesn’t take a ton of time compared to getting your vlog up.
Which is Better for Making Money Fast?
So now that you know a bit about the benefits and drawbacks of both when it comes to making money, which can help you make more money quickly? Well, they both have the potential to make businesses a lot of money. The exact amount will depend on traffic, the type of business you have, as well as who your target market is.
Generally, it is a good idea to use both if you’re able to. Each can reach a different market and contribute well to growing your business and making money quickly. If you have to choose one or the other, vlogging likely has more potential. It is newer, has less competition and videos generally have more entertainment value than articles. People will often spend more time watching videos and may be more engaged, which could lead to a higher ROI. Even still, incorporating both vlogging and blogging is something all small businesses should consider doing.
In conclusion, we hope this article has helped you learn whether blogging or vlogging can be the right choice for making money quickly. Of course, if possible, they should both be used as part of your content output strategy.