How to Monetize A Blog: Proven Ways Real Bloggers Make Money
When you’re just starting out with your blog, it can seem like one of the most difficult tasks. There is a lot work to be done. Let alone identify key strategies to drive traffic to the blog! All this can be overwhelming for just one person. It is even more tasking to monetize the traffic that you receive on your blog.
As complex as this may appear, you need to focus on the goal at hand. Also position yourself as an authority as this makes it easy for you to stand out from the crowd.
Monetizing your blog.
While there are many ways to monetize your blog, we present you with 5 simple ways that will help you earn a healthy income from your efforts.
1. Affiliate marketing
This is one of the most popular methods for monetizing a blog. Affiliate marketing is especially useful if you’re just starting out and you don’t have your own products or services to sell. All you have to do is develop content that will ultimately be in harmony with whatever affiliate offers you plan to push out.
For example, if you’re running a fitness and lifestyle blog, you can easily sell affiliate health or weight loss supplements. This works since the content is already attracting people that are interested in fitness. Selling these types of products helps you to create a near-automated stream of additional incomes.
Most people feel some pay-per-click (PPC) ads are a great way to make lots of money with their blogs. Yet you need a massive amount of traffic — as in 10,000+ visitors per day or more. This is the kind of traffic that can generate you some marginal incomes. The real income starts trickling in when you hit the mark of 100,000+ visitors per day or more
Yet, you could directly negotiate terms with advertisers by utilizing display ads as opposed to PPC ads. This is one sure way you can monetize your blog. As long as the ads are within your specific niche or industry, you can likely negotiate an amount that would be much more competitive than income from standard PPC ads.
Related: How to Start Affiliate Marketing
3. Email marketing
One of the most powerful tools for making money from your blog is directly through email marketing. But in order to be successful, you need to build your contact list. Whether you promote blog updates or create a lead magnet, utilize one of the more popular email marketing platforms like ConvertKit, Aweber or InfusionSoft to implement the systems necessary to begin marketing via email.
By building a strong bond and a connection with your readers, you can effectively generate a sizable amount of money through marketing your own products and services. This is alongside affiliate offers directly through email. You are likely to generate approximately $1 per subscriber per month.
4. Secure sponsorships
Sponsorships are also another way a blog can be monetized. But you need great traffic if you’re going to sell it for a significant amount of money. You can create sponsored posts as long as you label them as sponsored.
You have to be careful with sponsorships. Be upfront with your readership. Make sure they are able to identify sponsored posts. Google also cares acutely about sponsored links and will penalize you if you’re selling links along with penalizing the site that you’re linking to. Simply put, be as transparent as possible.
5. Selling a Product, Book or Course
Selling a product, book or course is also another alternative way of monetizing your blog. These can be targeted towards particular individuals and should be digital for ease of access.
Technical skills like web development, digital marketing, graphic design for example. Are some of the courses you can offer if you are well versed and knowledgeable. Find what you’re really great at and do the due diligence so that you can build the perfect course. One that would stand out from the rest. You can offer an E-Course, a book in these areas for sale.