Many of us are looking for a way to not just make some extra money online but have a stable source of income. Such source of extra money could be your own blog. Today, we will discuss different methods of monetization to use for earning with your blog. Let’s get started!
First of all, we would like to make it clear that having one’s blog is not everyone’s cup of tea. This is a painstaking and by no means fast process of creating your money making business.
You must understand that a blog requires investments of both your time, financial (albeit small) resources and patience.
Do not expect to get profits within a month or even six months. At the very best, a blogger will start earning money one year in. It depends on your diligence and money spent.
Below, we have listed some ways that will help you turn your own blog into a money maker.
Ways to Turn Your Blog into a Money Maker
#1. Contextual Advertising
If placing AdSense ad units on a blog, a creator will get paid for clicks on them.
Naturally, the income directly depends on the popularity and the theme of your blog. We recommend placing such ad units after you reach at least 500 visitors a day.
#2. Service Rendering
Thanks to having your own blog, you can find customers to provide professional services to and work from home. We will give examples of specialists who need a blog to benefit from it financially:
- Web Designer
- Computer programmer
- City guide
If you like writing essays and other types of academic works, you can render essay writing services.
#3. Sale of Goods
You can sell both your own goods and those of others, acting as a link between the manufacturer and the buyer. For example, making goods yourself – custom jewellery.
Do you think that people will be more willing to buy from you or from some online store where hundreds of similar goods are displayed?
Naturally, buyers will much more prefer to buy goods on your personal blog especially if you surround these goods with articles about manufacturing process.
Furthermore, describe all the stages of creation and properties of jewellery and get acquainted with other bloggers, becoming in their eyes a specialist in the field.
#4. Showcase your Goods
Another example, which can be seen recently online is selling honey through the Internet.
If wanting to make more money with your own blog devoted to honey, you can describe the process of collecting it, tell about your apiary, how you care for bees, and attach your photos – this will immediately increase your visitors’ confidence in you.
Post such articles regularly, and buyers will start buying from you.
#5. Affiliate Programs
If you do not yet have your own info product or goods for sale, you can sell others’ goods. On the Internet, affiliate marketing is highly popular: recommend the product of another blogger and get a commission for each sale (sometimes such fees reach 70%).
Remember: do not recommend bad products. As of today, there are a lot of low-quality goods and a reader, having bought such a product from you, will no longer trust your recommendations.
Many bloggers recommend something that they have not used themselves – such bloggers will never have a loyal audience.
The success algorithm is simple: you buy something yourself – see if it is any good – and if it is, recommend it to others. As simple as that.
#6. Referral Systems
The mechanism is similar to affiliate programs. The difference is that here you recommend services that often come with a subscription fee.
For example, a person who uses my referral link becomes my referral, and the service gives me a small commission each time my referral tops up their account.
#7. Promotional Reviews
“How can I earn online?” When gaining popularity, become noticeable to your direct advertisers. You can be invited to talk about a product or service to your readers for a certain incentive.
However, once again, we do not advise you to recommend something that you did not like using yourself. Otherwise, you are going to lose the trust of your readers who are your main asset.
The price for a promotional review is affected by many factors: readership, your brand and how you are able to negotiate with people.
Among bloggers on the Internet, there are many giveaways with simple tasks and prizes. Tasks can involve making a collage, writing an interesting story, taking a picture on a given topic.
Prizes can be purely symbolic like $10 or some big ones like $200-500. Everything depends on the organizers and sponsors. Sponsors, most often, are well-known companies providing services for web developers.
Taking seriously this source of income from having your own blog may not be a good idea, but we advise you partake in it from time to time. At the same time, you will get to know your fellow bloggers.
Cover photo by Pexels