Now you have started your first blog and generating a good amount of traffic. It is time to monetize your blog and make some money from it.
In this article, we’ll teach you how to make money from blogs.
You must have heard top money making blogs who make tons of money. They are not afraid to show it off to other people.
Here is few top money making people who are doing extremely well with blogging.
- Timothy Skyes from www.timothysykes.com makes around $150,000 per month. He started his blog a few years back.
2. Pat Flynn from SmartPassiveIncome.com makes around $80,000 per month. He started his blog 5 years ago, though.
3. Michael Arrington from Techcrunch.com makes around $800,000 per month. He is well known for his blog.
List of 11easy ways “how to make money from blog”
1) Affiliate Marketing
Affiliate marketing is when you promote someone else’s products or services. Customers buy from your referral links and you get paid your commission.
It is based on performance type marketing. More people buy from your referral links, more money you make.
A recent survey from Problogger.com states ” Affiliate promotions are the most common type of income that their readers have.
How to find best affiliate programs?
You have to do little research on finding good paying affiliate programs first. You can also check my article on 10 highest paying affiliate programs.
Some big affiliates companies do not approve your application if you don’t have enough traffic on your blog.
I was rejected so many times when I started my first blog. Once you’re approved, there are high chances to earn good amount of money.
Things to remember while choosing affiliate program
- Choose relevant niche to promote your products
- Recommend products that you’ve used personally
- Do include disclaimer to your site as not to mislead your audience
You can join some popular affiliate programs to get involved in affiliate marketing such as:
How much can you make through affiliate links?
Melissa Culbertson of Blog Clarity points out just two examples of a mommy blogger and decorative concrete blogger who make $20,000 and $32,000 per year respectively, and that’s with minimal visitors.
2) Google Adsense
Adsense is the most used advertising placement platform worldwide. It was designed by Google. It is fast, reliable and trustworthy.
Adsense is compatible with free blogging platforms. It is only compatible with self-hosted blogs like Blogger, WordPress blogs. It won’t work with free WordPress blogs.
Adsense works on CPM and CPC basis. CPM stands for Cost Per Thousands Impression & CPC is Cost Per Click.
3) Course or Services
If you are teaching your visitors from your blog, you can create an opportunity by building a paid online course.
People are making so much money with these paid online courses. A common way to sell courses is to set up and 8-week course.
You can use automated email messaging system for this course or release full package at once.
Few examples of paid online courses that are doing well:
1.Article Writing Masterclass by Linda Formichelli and Carol Tice
2.Audience Business Masterclass from Firepole Marketing
3. Social Media Training for Serious Marketers from Market Motive
You can also make a good amount of money selling these eCourse memberships. Again, it depends on how do you benefit your readers from your course.
Gina Horkey of Horkey Handbook made over $1,000 in her first month after launching a freelance writing eCourse.
Like courses, you can also sell your services. You can start with freelance writing, speaking engagements, private coaching etc. It depends on your niche.
Many bloggers work as a freelance writer and get paid to write a blog for other people.
4) Email Marketing
One of the most powerful methods for making money online is email marketing.
But first, you need to build an email list, encourage your readers to sign up for your new letters or give them something for free. Once, you have your genuine email list.
Best way to sell your product or services, you must build strong bond and connection with your readers. You can generate a good amount of income through your own products or affiliate offers that you promote directly through email.
5) Sell Ebooks
Selling ebooks is also a great way to make money from your blog. Develop an ebook that matches with the content of your blog.
These non-fiction ebooks are very easy to create and will produce a healthy profit. You can directly promote your ebooks from your blog by creating attractive and relative content.
You could also build a sales funnel, which is an online marketing term for an automated multi-step sales machine, and sell your ebook on autopilot.
6) Sell Digital Products
Selling digital products from your blog is a great way to bank some cash. You can sell any type of digital product from your blog as long as it is related to your blog content.
Digital products can be a combination of videos, downloadable guides, resources, PDFs, software components, SaaS, and others.
You can also host an online webinar to market your product and deliver them to a member area.
Again, it depends on how well do you know your customers and solve their problems. Create something that helps to fulfill their needs.
7) Sell Coaching Services
Selling coaching services through your blog could be a jackpot for you. You can set up yourself as a life coach, a business development coach or a career coach.
You can earn a significant income through just a handful of clients.
Try not to complicate the process, just make it clear and simple. Customers tend to avoid purchase process when it’s too complicated.
8) Banner Ads/ Paid Reviews
If your blog is generating a good amount of traffic, you might contact some big companies to sponsor your site.
You’ll get two types of sponsorship in this case:
1. Banner Ads
2. Paid Reviews and Sponsorship Posts
Banner ads, you have to put on your blog or website as banner style, especially in the sidebar.
The business sponsoring the ad will often pay you monthly to keep the ad up on your site.
Paid reviews are when companies send you their product and pay you for the review that you write about the product. Alternately, some businesses will sponsor a specific post in exchange for a link back to their site. It is an ethical practice to disclose the sponsorship to your readers.
Alternately, some businesses will sponsor a specific post in exchange for a link back to their site. It is an ethical practice to disclose the sponsorship to your readers.
Don’t get confused with Advertisements and Google Adsense.
Adsense is totally based on PPC ads, rather than going with these PPC ads, you can directly go to advertisement companies and put their ads on your blog.
Ppc ads start paying you when you have massive amounts of traffic, at least 10,000 + visitors pay day or more.
Advertisement works in opposite way, you can directly negotiate with advertisers by utilizing display ads.
As long as the ads are within your specific niche or industry, you can likely negotiate an amount that would be much more competitive than income from standard PPC ads.
10) Secure Sponsorships
Sponsorships could be a great way to make money from your blog but you need to have a great amount of traffic to make a significant amount of money.
Though, FTC is very strict and cracks down on marketing products and services, including articles that are sponsored.
You have to be careful with sponsorships. Be sure that you’re upfront with your readership.
Google also cares acutely about sponsored links and will penalize you if you’re selling links along with penalizing the site that you’re linking to. Simply put, it’s not worth it, so be as transparent as possible.
Consulting is another popular way to make money through your blog’s traffic. With these services, you charge a fee to give feedback to readers.
For example, let’s say you blog about social media. You could charge $75 for a one-hour Skype session where you discuss your client’s social media strategy.
Along with the Skype call, you might send a full written report via email on how to improve that strategy.
Let’s look at a few examples. Jim Connolly of Jim’s Marketing Blog sells two-hour-long “Pick My Brain” sessions for $319 a pop to discuss marketing tactics.
Sophie Lizard of Be a Freelance Blogger sells one-on-one mentoring sessions for freelance bloggers in packages ranging from $197 to $497.
Although there are so many ways to make money from your blog, it takes lots of efforts and a huge amount of hard work to achieve these goals.
People who are making tons of money from their blogs did not do it overnight. They worked so hard over the years to be there.
I am not saying that you can’t do it. Anyone can do it but you need passion and lots of hard work. Start from today and don’t stop until you achieve your goals, whatever it takes.