If you followed our How To Start Your Own Blog guide and you already have your own blog up an running you probably wonder how to make money from your blog? in the guide we covered blog monetization options. But in this post we want to go in deeper and reveal more methods of turning your blog into a money machine.
You probably heard of some successful bloggers out there that make that make tens of thousands of dollars a month blogging so you know it’s possible but you will need to work for it! the beauty of working online though is that once you put in the work you can create an automated system that brings in money every month.
Before you do anything, remember this, your blog must provide real value to your target audience. If you provide value more people will come, click, share and buy from you, it’s as simple as that but many people are only trying to sell without providing any value to their visitors and they usually fail.
So here are 4 popular ways you can make money from your blog:
1. Sell Advertising Space
You can place ads on your sites (header, sidebar, footer, below the articles, etc.) from different networks like:
and many others. It’s probably the easiest way to monetize your blog. you just grab a piece of code, place it on your blog in the desired locations, and the network will display the ads that will most likely generate the most revenue for you. Some networks will pay per click, some will pay variable price by 1000 impressions/Views (known as CPM). Your revenue will depend on many factors like the user location , your blog niche, the device and more. For example, if you have a blog about auto loans and majority of your visitors are from the U.S you will probably earn more per click than a blog about recipes with majority of visitors from India. The logic is very simple, auto loans is far more competitive niche and advertisers are willing to pay more for ads. It doesn’t mean you can’t make money from selling advertising in less competitive niche but you should keep that in mind in case you decide to monetize your blog this way.
One of the most lucrative ways to make money blogging. The model is simple and is based on results. You promote a company’s product or service, and for every sale/desired action you earn a commission. You can sign up for Amazon Associate program grab banners/links from your dashboard and earn commission for every visitor who makes a purchase through your affiliate link.
Other famous affiliate programs :
There are a lot of them out there, and almost every company now a days as one so if your’e not sure just search:
“your blog’s topic affiliate program”
The great thing about affiliate marketing is that you don’t need to invest time and money in developing a product, holding inventory and dealing with customer service, all you need is a good blog and a link/banner.
If you are an expert in any field you can leverage your blog to consult to companies individuals seeking advice on your field of expertise. If you are an expert on Social media you can sell your consulting services to companies seeking to improve their social media presence for example. Neil Patal makes money in many different ways but because he’s an expert on online marketing he’s also getting paid a lot to consult big companies and speak at conferences.
You can create exclusive paid online course or an eBook and sell it to your followers. If you have a Yoga blog where you provide videos Yoga classes you can create a premium course or paid membership section to your followers. You can use platforms like Udemy or wordpress plugins like memberpress that lets you create your own membership site and charge users to access premium content.
If you take this route you will need to collect email addresses of you visitors to your site (it is recommended regardless but especially here) to follow up with them on your exclusive offer. Most visitors won’t by your product/service the first time around, you will need to build trust and showcase your product/service and the best way to do it is by sending automated email series to them. We recommend using GetResponse, one of the best email autoresponders out there, you can try them out for free. You will be given tools to create sign up forms, landing pages and automated email sequences.
There are more ways you can earn money from your blog, but these are definitely the most popular ones. Remember it all starts with good content and reputation. So build your online presence, provide valuable content and the money will follow.
Questions? Comment below