There are so many individuals that create blogs to make money. However, unfortunately for many of them, there is not enough awareness of how to effectively monetize their blog. For that reason, there are a lot of blog owners that only make a small amount of money, only to give up shortly due to being frustrated. To generate an income with your blog, you have to know the ins and outs. Of course, you should understand that it may take time and hard work. Below are eight ways to make money with your blog, but remember to exercise patience, discipline and consistency.
- Affiliate Programs
With an affiliate program, you don’t need your own products. You will sell other people’s products for a sales commission. Once you sign up for the affiliate program, you will begin to advertise and every sale coming from the link on your blog will go directly to the company, but you will be paid a specific commission for your efforts.
- Sell Advertising
You can generate income by selling advertisements on your blog – selling ads to advertisers. However, your blog has to have high traffic and loyal visitors. The advertiser will give you banners or text ads to put on your blog. You can also put your own Google Adsense ads on your blog and earn an income every time someone clicks on the ads.
- Sell Products
You can write and post valuable content on your blog with a call to action at the end. This allows you to sell your products. The recommendation is to sell electronic products like an E-book that the potential buyer can download after reading your content. You could offer a ‘2 for the price of 1’ sale to get more orders.
- Product Reviews
You can do product reviews for companies with an arrangement that you will be paid a commission. However, be sure to state the pros and cons of the product. Many affiliate programs use this tactic. Be sure to let your readers understand your affiliation with the company. You don’t want to be deceptive. You want to earn the trust of your readers.
- Ask for Donations
It takes time and effort to provide free content to your readers. If you are not interested in selling advertising or being an affiliate marketer, you can kindly ask readers to donate to your blog for the helpful information that you provide. Most of them will oblige you.
- Sell Reports or Guides
People don’t have time to be constantly searching for ‘how to’ information online or they could be searching for a long time. Therefore, you can create your own ‘how to’ guides or reports and sell them on your blog. You are doing the potential buyer a huge favor by doing the research and creating a comprehensive report, saving them time.
- Paid Membership
You can create a membership blog where you will use your expertise to create informational products and offer to your members on a monthly basis. This is passive and steady form of income that you can depend on each month. The more subscribers you have, the larger your income. The information that you provide, though, has to be exclusive to your membership website.
- Amazon Associate
The Amazon Associate program is similar to the affiliate program, but in this case, you can try to find products that will complement your blog. For example, if your blog is exclusively about marriage, you could sell books from Amazon on ways to have a successful marriage.
You probably won’t get rich with your blog, but you can make a decent income while doing something that you are passionate about.