Do you want to make money? Of course you can. Everyone needs and wants to make money. So you’ve started a blog as you’ve heard it’s a simple way to make cash, but you don’t have an idea how to actually make money doing it. Or you may be already owning a blog and looking for the ways to monetize it.
No matter which is your position, making money with a blog – whether it’s a business blog or a hobby blog – is possible. It’s not a quick rich scheme, but if you do it in the right direction, you could surely make money from blogging. Let’s dive in and learn how to make a profit from your blog.
Monetize using CPC or CPM Ads
One of the most popular ways bloggers make money is placing ads on their website. You can place two types of ads on your blogs:
CPC/PPC Ads: Pay per click or Cost per click ads you can place those ads on your content or banner. Each time a user click on your ad, you’re paid for that click.
CPM Ads: Cost per 1000 impressions or CPM Ads that pay you a fixed amount of money based on the ad views.
The most popular advertisement network for placing these kinds of ads is Google AdSense‘. Using this advertisement network, you do not need to contact the advertisers; you simply place the ad codes offered by Google and place them on your site. Google chooses relevant ads based on your content and you will get paid when users click on it. There are unlimited similar advertising networks available if you feel AdSense doesn’t work for you, such as Infolinks, Media.net and Chitika.
Sell Private Ads
Working with the advertising companies is not only a choice when we talk about selling ads. If your blog has enough traffic, advertisers will contact you and request you to place their ads on your site. You too contact the advertisers. If you compare the above advertisement method, there is no middle man and you can set your own ad rates.
Selling private ads will come with the form of buttons, banners and links. Also you can make money by writing sponsored posts where you can write about something or write a review about a product or service for an advertiser. Another way is you can write underwritten stories, posts or services, where you can write any kind of topic and the advertiser pays you a “Brought to you by” words mentioned in the content.
There are many ways to make money with this. For example, you can charge a one-time fee for a single link within a post. If you’re hosting banner ads, you can go for monthly charge.
Bonus Tip: You can maximize your income by selling sponsorship spaces in your podcasts, videos and newsletters. You can try these best 5 email marketing software.
Add Affiliate Links in Your Content
Affiliate marketing is one of the best tools for monetizing your blog. Here is the best guide to learn how affiliate marketing works.
1. An advertiser wants to sell his / her product. That advertiser agrees to pay you commission for each sale that comes from your site.
2. Advertisers will offer you a unique code to track your affiliate sales or affiliate code. This way, that advertiser knows when a buyer used your affiliate code (link) to make a purchase.
3. Now you’ll include that affiliate link in your site. You can accomplish this directly into your content or through banner ads. If a visitor clicks the unique link which directs for a product sale you have recommended, now you will earn some percentage as commission of what the visitor purchased.
You can make use of affiliate marketing strategies through the popular ad networks like Amazon Associates Program, or you are free to create private partnerships with any advertiser or businesses through an affiliate program.
Sell Digital Products
If you’re not ready to advertise other products on your blog, or if you’re looking for some other options to make money, then you can think about selling digital products. There are many digital products available like:
- Online Course
- Images, music and video
- Apps, themes or plugins
Ensure that if you are going to select one of these areas that you make it original and useful to the visitors. A lot of bloggers will make mistakes here that they assume they’re developing services and products for their readers’ needs; first listen to the readers of your blog, and then create a digital product, so that it will meet your reader’s needs.
Content Marketing Tool for Your Business
You can sell physical products on your blog and make money in another way. Instead of thinking about earning money from your blog, you can start thinking about your blog as a tool (content marketing) and get more visitors to your business website through your blog.
There are many opportunities to develop your business blog. You can sell many physical products like books, hand-made products and more. Or you might be having some other business ideas and decide to start a blog to convert loyal consumers.
For instance, you renovate and resell all your used smartphones out of your home. You must use a blog to bring more visitors to your blog where you have listed the smartphones for sale. Now your blog will cover all topics about refurbishment or renovation. At one stage, it seems counterintuitive, as you want the people to purchase your cellphones, by the way it helps you to build brand name as well as recognition. Jay Baer explains the concept and theory on Copyblogger:
This concept works for any kind of industry. For example, if you’re doing computer services as opposed to physical products, still you can use these strategies and blogging concepts to develop and increase your brand awareness and convert more visitors as your clients.
Another best way to make money from your website is to sell memberships to exclusive corners of your blog. For example, a job portal blog will charge at least $10 per month for each user to access the job board. Same way, a start-up business blog will sell memberships to their forums and the people will get advice (personalized) for their businesses.
The point here is, the people who are visiting your blog will get more information, if they compare with the free website. So make sure that you’re offering some valuable information for the people and worth the price.
Build Your Credibility
Blogging to build credibility will help you to lead many opportunities of money-making sources. For instance, you start a blog about finance related and people visit your blog regularly and read your content and then your blog will be very popular. So now you are a recognized and popular figure in the finance industry.
Once you have built this authority then people will contact you to co-author a guide or book on debt management, or you can charge to speak in the conferences or even to run employee financial training.
Yes, it’s not a direct form of making money blogging, but it still works for many bloggers and even it may work for you too. If you want a direct revenue system, we have seen many popular blogs have slots for 5-7 figures or more by selling their content and branding.
You should keep in mind that making money blogging is never possible by just putting your blog up and letting it sit there. Simply saying, “if you build it, they will come” but mentally doesn’t work here, so ensure you are willing to put it on at the time. Most bloggers do not see an increase of income for several months even years after starting their blogs. So before get into blogging, do remember these advice in your mind:
Create Quality Content
You will not make any money from your blog if people dont like or don’t read your blog. After everything, your visitors or readers are going to make money for you, whether they are clicking your ads or buying products from your blog. So always put your readers on top.
Don’t Spend Time Exclusively on Your Blog
Keep in mind that developing a successful and profitable blog has to do a lots with building relationships. Those are sponsored relationships, affiliate partners and other bloggers who are the direct traffic to your blog. Make sure that you are spending some time with other blogs and discussion forums to build strong relationships.
Never Afraid to Experiment
Not all of these techniques, avenues or tips of income are going to work for your blog. Do not afraid to change your way of approach and methods to find what works best for your blog and your readers.
Making money blogging will take more time and patience, but it’s sure that blogging can pay off in the long run if you’re standing out from the scratch and crowd. You do not need to apply all these techniques and money-making avenues at once. Just consider and find what other people in your industry are doing so that start from there to reach a success path.
End of the day, you will learn what works for you and does not. If you are looking to make money from blogging, which option will you start with?
Let me know your idea and view in the comments section :).
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