Surefire Ways To Earn Money With Your Blog
Are you planning to start a blog but have no idea how to monetize it? A lot of people come to me and ask me how to monetize their blog.
Starting a blog these days is easy, but earning from it is a different story. You might be thinking about beginning blogging now and worry about earning from it later. Sure, you can do that. But why put it off for later when you can do it now? Isn’t it better to start a blog with a clear plan on monetizing it? After all, you want to have a blog because you intend to profit from it, right?
So, before you launch a blog, make sure you have a clear marketing plan to generate income from it. How then can you groom your blog into a money-making one? Read on as I’ll share with you some surefire ways to monetize your blog.
Be a Freelance Blogger
Offering a freelance writing service is one of the easiest and fastest ways to earn from your blog. Make sure your blog reflects how knowledgeable you are on a particular subject. A lot of businesses now know that content is king in the online community. So, there are always businesses looking for writers who are knowledgeable in their niche to provide them valuable content.
Fill your blog with content on your chosen niche, and let visitors know you’re offering freelance writing services. Your writing rate should also be visible on your service page, so people can know outright how much your writing service is worth. You can search for freelance blogging jobs on websites like Upwork.com.
Monetize Your Blog Through Sponsored Posts or Reviews
Business owners who sell products are willing to pay a hefty amount for their products to be seen by a blogger’s massive audience. They often seek influential bloggers to write and post review articles about their products. This is one of the ways famous bloggers monetize their blogs.
You need huge blog traffic for business owners to pay you for posts or reviews. So, you won’t be able to monetize your blog this way in the beginning. But it’s something you should bear in mind to keep you motivated to strive to be seen as an authority in your chosen niche. Once you’ve gained credibility and massive traffic, creating sponsored posts or reviews can be one of the lucrative ways you can monetize your blog.
Generate Income From Ads
Bloggers have different opinions about display or banner ads. Regardless, it’s undeniable that ads established themselves on the internet. They’re here to stay whether we like them or not. So, you might as well make the most of the earning potential they bring. You can maximize the allowable number of ads per page in your blog. But make sure it does not in any way prevent your readers from enjoying reading your content. For the best results, make sure to look for premium ad networks like Ezoic.com.
Be An Affiliate Marketer
Affiliate marketing is one of the most popular routes that bloggers take when monetizing their blog. Bloggers earn a commission for every product sale businesses make from the promotion that bloggers do of said product.
If you want your blog to earn from affiliate marketing, these are the things you need to do:
- Select a Profitable Niche. Products that you promote on your blog must be in line with your chosen niche. As such, you need to make sure that there is a market on the niche that you choose. You can perform keyword research to check for a niche’s marketability.
- Choose the Best Affiliate Programs For Your Niche. Don’t just sign up to the first affiliate program that you see. Survey the affiliate marketplaces and create a comparison spreadsheet to make sure you analyze what best fit to your blog’s niche.
- Device an Effective Linking Strategy. Study the link statistics and find out what strategy to use to effectively insert the link on your content. Using branded links is also an effective linking strategy.
Sell Physical Products
Instead of earning from endorsing other businesses’ products on your blog, why not sell your own? A lot of bloggers now have transformed their blog into an e-commerce website selling their own products in it. You can follow their footsteps and monetize your blog this way.
You only need to identify what products to sell based on your audience’s interests and what you’re good at. Since they are your loyal audience, they can be your first buying customer. You can get reviews from them about the product you’re selling. Positive reviews help a lot to attract more customers to trust you and buy your physical products.
Sell Digital Products
Physical products aren’t the only ones you can offer on your blog. There are a ton of digital products you can profit from. If you know what your audience needs, you can create digital products to offer them. Whether it’s an app, software, or downloadable printable templates, if it answers their needs, they will be willing to buy it. You’ll find selling digital products to be one of the best ways to generate income from your blog.
Sell E-books To Monetize Your Blog
Because e-books are not so difficult to make, this is most bloggers’ first choice of digital product to sell on their blog. Add that the fact that the cost of e-books isn’t so high compared to hard-bound textbooks, so most people prefer to buy them.
There was a time that bloggers believe you can only sell e-books once you’ve gained massive traffic on your blog. Such beliefs were proven wrong by beginner bloggers who are able to pocket huge profit from selling e-books. So, forget about the fear of not earning from selling e-books because you’re only a beginner. You only need to do more work to attract buying customers.
Make and Sell Online Courses
More and more people prefer taking online courses to learn things at their own pace. So, selling online courses is one of the most profitable ways to monetize your blog. You don’t have to have a Ph.D. of a particular subject to sell online courses. You only need to pinpoint people’s pain points and create a course that will solve their problems. After that, your earning will depend on how well you market your online courses.
Offer Coaching/Consulting Service
Not everyone wants to learn things all by themselves. There are those who prefer to have someone to guide them. Some bloggers wait until they have gained popularity in their chosen niche before offering coaching or consulting services. However, this can be a great way to monetize your blog from the start. That is if you know you have the skills and experience that can answer people’s needs.
Monetize Your Blog Through Paid Exclusive Membership
Curiosity is one of human’s shared characteristics. You can take advantage of that to monetize your blog. First, make content that your target audience will find extremely valuable that they keep coming back for more. After that, create some that only exclusive members can access. A lot will be curious, they will pay a membership fee to find out what’s on the other side of that locked door.
Aside from having ready buying customers, you’ll be building a community of like-minded individuals who are passionate about your niche.
Get Into Podcasting
People’s daily lives are always packed with activities these days. That’s why a lot of them prefer podcasts. They can listen to it while doing other things.
Because the demand for podcasts is high, having one on your blog is a great idea. People will get to know you and your blog. You’ll be attracting traffic in the process. Most blogging monetization ways need huge traffic. So having a podcast can pave those ways for you.
Organize a Web Conference/Virtual Summit
Web conferences or virtual summits are like a conference people can attend virtually. To attract a large audience, these kinds of web conferences are oftentimes free. How can you earn from this then? Virtual summits are only accessible for a short period. That’s where the money will come from — through a paid lifetime access to the said virtual summit.
So, make sure the content of your web conference is so valuable, people are willing to pay to access it whenever they want.
Monetize Your Blog By Receiving Donation
This type of monetization is mostly used by nonprofit blogs. That doesn’t mean you can’t do it on your blog too. If people see how much of a help your blog contents are to them, they will become your loyal supporters. They will appreciate all the efforts you’re exerting to provide them valuable content.
It will take a while to gain loyal supporters. However, once you do, you’ll find that they will be more than willing to donate on your blog if you only ask them to.
Can You Monetize a Free Blog?
Let’s wrap this article by going over one of the most frequent questions that beginner bloggers have in mind. Is it possible to earn from a free blog site? The answer to that is yes, but monetization strategy will depend on what platform you choose to host your blog.
Free blogging platforms like wordpress.org will allow you to earn through affiliate marketing and sponsored posts. Starting with a free blog can be a good way to earn an acceptable side income. Some bloggers only created a blog as a hobby, but they eventually earned a from it and scaled up their blog to generate more income.
If the budget is really an issue, there is nothing wrong with starting with a free blog and monetizing it. Once you’re earning a decent income from it, you can always migrate your free blog site to a paid one. Let me just remind you that starting a blog on a paid platform these days won’t cost you that much. The choice is yours to make.