Here is Proven Methods On How to Monetize a Blog
Okay, hold your horses! We’ll get to all that. But consider yourself warned, learning how to monetize a blog isn’t a one-and-done thing. You will need to put in some serious effort to get worthwhile results.
How to #monetize your #blog –
In this chapter, we have five Proven Methods On How to Monetize a Blog for you – all of them battle-tested ways to monetize a blog:
We’ll go through them one by one and explain how to implement them for maximum impact.
Where to start if you want to learn how to monetize a blog?
The order above is not accidental. If you’re figuring out how to start a blog and make money for the first time, we advise experimenting with affiliate marketing first and then progressing to the other methods (should they make sense for your specific business).
Setting out to, say, write a book or create a course right out the gate might be too much. Especially since you haven’t yet screened your niche and don’t know if people are going to be interested in things like that. In other words, your investment into writing a book or developing a product might go in vain. That’s why starting with something like affiliate marketing is usually better – since you can put things in motion in mere minutes.
That being said, please note that you don’t have to do everything described here in order to make good income. Sometimes you will get great results from just one or two techniques. Even this very blog takes advantage of just three of the methods described below.
Okay, let’s dive in! Here’s how to monetize a blog:
1. Monetize a blog through affiliate links
Affiliate marketing is the first monetization method on the list because it’s generally the easiest to get started with.#Affiliate marketing is the easiest #blog #monetization method to get started with. what is affiliate marketing?
In simple terms, affiliate marketing is the process of promoting other people’s products in exchange for a commission whenever your recommendation leads directly to a sale.
Commissions are usually in the range of 5%-75% of the sticker price. If it’s physical products we’re talking about, it’s nearer the 5% mark. For digital stuff, even 100% commissions are possible.
The most important part here from the buyer’s perspective is that they still pay the standard sticker price, so none of your commission is funded by the buyer. Now, there are two main puzzle pieces that you need to put in place if you want to monetize your blog through affiliate marketing:
- which affiliate products you’re going to promote, and
- how you’re going to promote them.
Therefore, the first order of business, how to find products to promote?
Every niche and market have its own common practices when it comes to the affiliate realm, but generally speaking, if a product has an affiliate program available, it’s going to be mentioned somewhere on the company’s website. Likely in the footer, or even the main menu.
Here are three golden rules of how to monetize a blog with affiliate marketing:
- only promote products that you use yourself, believe in, and know are great
- only promote products that you wouldn’t be ashamed to promote
- only promote products that your audience will enjoy and/or benefit from
Though this might sound simple enough, this can get tricky and especially if your blog is in a niche like personal finance or fitness. There’s more than enough products in those niches that lure affiliates in with big payouts, despite being of relatively poor quality. That’s why the “personally believe in” and “audience will benefit from” factors are so important here.An example of what we promote on this very blog as part of our affiliate marketing monetization model:
Since this blog is about all things WordPress it makes sense that some of our readers will be interested in WordPress themes. It just so happens that most premium theme stores have their affiliate programs. Therefore, whenever we mention themes in our posts, we can use our affiliate links to do so.
What can you reasonably expect from affiliate marketing?
Affiliate marketing can be a great source of income when learning how to start a blog and make money, but it all depends on two factors:
- the size of your traffic
- how responsive your audience is and/or how effective you are when promoting affiliate products
With time, your traffic will grow, so let’s not worry about this aspect for now. Basically, the sooner you get started with affiliate marketing the sooner you’ll see any kind of results coming your way.
When it comes to effective promotion, here are some of the possible ways to go about it. How to monetize a blog:
Though affiliate marketing is the easiest and probably the most effective monetization technique that you can use, the devil is in the details of how exactly you run your affiliate promotions.
The core difference between this and, say, putting some AdSense ads on your site is that, with affiliate marketing, it’s only you who’s responsible for targeting and making sure that the product fits the audience. With standard ads (via AdSense or otherwise), you’re basically just renting out the space on your site, and it’s the advertisers who need to figure out what to promote, to whom, and how.
What I’m getting at is that placing a random affiliate offer on your site won’t work that well. This is why we’re using targeted reviews, compilation posts and make those direct product recommendations if and when they fit the topic of a specific tutorial on the blog.
2. Freelance income
Most people who start a blog acquire certain skills…
Things like writing, website design, graphic design, marketing, or even social media management.
These skills can directly relate to online income. All you need to do is use your blog to advertise them.
Sounds perhaps easier said than done, but hear me out:Bill: My own income comes from the content marketing and SEO work that I do. When I first started, I was a freelance writer. I got many of my first clients by showing them the articles I wrote on my blog.
Since then, I’ve turned this freelance writing service into a full-fledged content marketing and SEO mini-agency. I have two people who work for me. And I get leads almost every week to my “work with me” page, who come from my blog.
So my strategy is to use great content to attract people who want the kind of content I create. Simple, right?
You can do the same thing by showcasing your graphic design work, having a beautiful website, or showing off your social media prowess.
If you’re ready to dive into the world of freelance work, consider creating profiles on sites like Upwork, People Per Hour, or Fiverr. While you can accept work directly through your blog, if you’re just getting started, using these job sites that already have traffic and trust can make your transition easier.
3. Using sponsorships and advertising to make extra cash
If you’ve ever listened to a podcast episode and heard, “This episode is brought to you by…”, you’ve seen sponsorships in action.
Getting someone to sponsor your blog can bring in a serious chunk of cash. However, the only downside is that you usually need a decent audience to get a sponsor. Still, this is something you can have on your radar as you begin building some more authority in your niche.
If this is the route you’d like to take (making money just for writing your blog? Sign me up!) then check out this guide to getting a blog sponsor.
Next, the ever-so-popular topic of advertising. Ads are kind of deceptive when you want to learn how to monetize a blog.
On the one hand, you can sign up to Google AdSense and start running ads on your blogs as soon as right now. But on the other, the time and traffic needed to see any significant earnings from ads is substantial.
So what we actually advise you to do when you’re just getting started with a new blog is the following:
Forget about ads.
Only consider running ads once you’re getting 1000 visitors a day. Before that happens, ads are only a distraction and detract from your audience’s experience with your site.
4. Creating an online course
Online courses are hot now and becoming more popular by the day. If you want to learn how to start a blog and make money, they’re an effective and honest way to do that.
- Is your blog about cooking? Teach a cooking course.
- Do you blog about bicycles? Run a bicycle repair course.
- Or do you prefer talking about your favorite online game? Make a course about how to be a better player.
For a real-world example, Venu Sanz started a blog about vegan cooking, and she now makes a full-time income (enough to hire others!) from her vegan cooking courses.
If an online course sounds like your forte, check out this guide to creating an online course, and this guide to create a WordPress membership site – through which you can deliver your online course!
5. Selling a book or product
Like a course, writing and selling a book (or ebook) is a good way to approach the topic of how to monetize a blog. Of course, it takes a lot of time and you need an audience to sell to, but in the long run, a book is a good way to monetize your audience and help them see you as an authority.
The only difficulty, of course, is … actually writing the book. Setting aside the pains of writing themselves, there’s also the problem of what to put in the book. Ideally, your book should offer some content that’s either (a) never before seen on the blog, or (b) providing some convenience to the reader.
In other words, with (b), you can repurpose your blog content and compile it into book form. Though it might sound too simple to be viable, it’s what some of the most successful bloggers have been doing for years. For instance, Darren Rowse of Problogger has his ebook titled “31 Days to Build a Better Blog.” Under the hood, it’s a compilation of a series of blog posts that you can still read for free here. The no.1 benefit of the book vs the posts is convenience. We have a separate guide on this very blog about how to do exactly that – turn your blog content into a book.
The book also doesn’t need to be your end product, so to speak. You can sell it to serve as the initial touch point with your audience to then eventually upsell them to your course, if you use both methods!
Alternatively, you can sell physical products and turn your blog into an e-commerce store. If it hits your fancy, check out this guide to create a WordPress store.
The bright side here is that if you’re running a traditional business then you probably already have a product to sell, so why not offer it via your new WordPress blog…
A final word on proven methods on how to monetize a blog
While you can start making money today by offering freelance services or busting your butt to find a sponsor, chances are it’s going to take some time to ramp up.
When it comes to how to start a blog and make money, the truth is that it’s not uncommon for blogs to take at least 6-12 months to see any viable income. So if you don’t see cash in the bank right away, don’t let that discourage you from continuing to try.
Overall, learning how to monetize a blog is chiefly about trying things out, reiterating, improving and testing. Then, once something starts working, scale it up!
This scaling up can involve trying out new affiliate programs, working on new products or books, introducing new products, trying out new promotional methods, etc.
This about sums up our guide on how to monetize a blog! As you can see, it’s all a matter of doing a couple of things, but being deliberate about it. There’s no accident in how some blogs can make a killing while others struggle to earn anything. Continuous effort.
That’s the secret.I’m afraid there’s no other way to say this … it’s the end of our guide on how to
how to monetize a blog. If you’ve made it this far, I have to congratulate you!