How To Make Money Blogging | Ways To Monetize Your Blog
After getting started with blogging, making of the blog, consistently posting content, marketing/promoting your blog through different media, it's time to make money through it.
It's very easy to monetize your blog if you have already started blogging and started to promote your blog. If you haven't started yet then you can refer to this post:
Follow the below methods to start making money through your blog. These are simple ways to earn online and can be done by anyone.
Different ways to monetize your blog
Displaying Ads
It is the most common way to make money through a blog. You can monetize your blog with CPC or CPM ads.
CPC ads: Cost per click ads. You will be paid for the click that the reader each time clicks on the ad.
CPM ads: Cost per 1000 views. You will make fixed money based on the number of people who view your ad.
You can show ads with the help of networks like Google Adsense which is the most popular way to monetize your site by ads. It is a quick way to add adverts to your blog. You don't need to search advertisers, Google would do it and chooses ads relevant to your content, you just have to place adverts on your site.
You can also sell ads on your blog by inviting private advertisers, not by a network. You have to contact advertisers on your own.
If you are getting enough traffic, advertisers would come directly in search for you for advertising their product.
The main difference between these two ways to sell ads is that there is no middle man if you sell private ads and you can define your own rates.
Write sponsored content
You can write sponsored content and get paid by the companies, this is also a good way to make money by blogging.
In sponsored posts, you are giving feedback, review and some knowledge about the advertiser's product. These are the advertisement in the form of articles or blog posts and this monetization method will only work well if you have an audience of strong niche.
Once you have made your name in your niche community or increases your engagement and readership, the companies would directly approach you for sponsored posts.
Become A Coach And Sell your Coaching Service
Now, as the audience knows you and your quality knowledge, I assume, you can make money by consulting people and guiding them on how they can do that you had done.
You can become a coach even if you have a small audience. The only thing is your audience should have trust in you and your content. So they can consult you for their success.
Many bloggers have now coaching services and they earn quite a good amount of money through it. You can do this work from anywhere, it doesn't need to be physically present with your customer. Isn't it a good way to monetize your blog?
Make And Sell Your Own Online Courses
If you have mastered any skill and your readers come to you for that skill, then you can monetize your blog by selling online courses. Many people who are making a full-time income from blogs and earning a lot of money are doing it through selling courses only.
There are many online course platforms out there like Udemy and Skillshare where course length can be from 60 minutes to 60 hours or more.
You should start by making a short course, say 60 minutes of video, on a very specific topic. Promote your course by using marketing strategies. You can use media platforms to reach out to more people.
Selling online courses will generate passive income. Isn't it a great source of income? But you have to make a quality course and promote it well to make a good amount of money.
There are many online course platforms out there like Udemy and Skillshare where course length can be from 60 minutes to 60 hours or more.
You should start by making a short course, say 60 minutes of video, on a very specific topic. Promote your course by using marketing strategies. You can use media platforms to reach out to more people.
Selling online courses will generate passive income. Isn't it a great source of income? But you have to make a quality course and promote it well to make a good amount of money.
Write And Sell Your Own eBooks
Creating and selling own ebooks is another great way that most of the bloggers become rich. They simply make a short ebook and publish it on kindle and then promote it on their blog and convert their visitors into costumers.
It is not necessary to sell an ebook on kindle. You can sell your ebook on your blog, which means you will be having the maximum possible revenue from ebook sales. There will be no middleman, no distributor, no publisher, nothing.
But as a beginner, it is recommended that you publish your ebook on kindle because it already has a large customer base and has very much trust among costumers. So, you can easily get buyers for your ebook and you can use your blog to promote your ebook.
You should write your ebook related to your blog niche and if you teach some skill that people want to learn, then there would be the high success rate of your ebook and your high number of ale of your ebook.
It is not that too hard to make money by selling ebooks. You just have to make a non-fiction ebook which is providing some value to readers and then publish it on kindle. you should promote it properly on your blog and other media platform. It is as simple as that.
You only have to start now!!! And it will automatically make you money someday. And the best part of selling ebooks is it is also a passive income source.
Affiliate Marketing
Here comes the favorite one of mine. I think it is the best source of income through blogging. It does not require any creating your own product, don't require to work so much like coaching and searching advertisers & sponsors.
It only needs to provide a link in your blog post and recommend your visitors other's product to buy and then get a commission of it if the product is sold through your link.
Mostly all bloggers are earning through affiliate marketing because it creates good passive income without doing almost any work.
Is there any income better than the income without doing any work? A big NO!! That's why affiliate marketing becomes one of the best income sources for content creators.
There are many affiliate programs out there. You can join any of them and promote your link and get paid off.
Some of the best blogging affiliate programs
- Amazon associates
- CreativeLive
- Udemy
- Shopify
- Bluehost
- and many more...
These are the methods chosen by most of the bloggers to monetize their blog. And you can also make money through these proven ways. But it takes time to start earning. No one gets success overnight. Be consistent, Be patient.
Conclusion
Starting a blog can be done by anyone but being consistent in blogging differentiates the successful bloggers from others.
It is not a one day process, not an overnight success. It needs time, patience, dedication and you should pay this price to your blog to get good results.
Making money through a blog is easy if you have a good audience, engaged traffic. So, you should focus more on building your audience and traffic. For that, provide quality/valuable content and market your blog properly.
I hope this post has helped you to answer your doubts regarding the monetization of the blog.
If you have any suggestions that you think I should add-on or have any doubts regarding this post, please feel free to tell me in the comments.
How To Make Money Blogging | Ways To Monetize Your Blog
Reviewed by Raj Anand
on
March 31, 2020
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