Whether you are aspiring to be a professional blogger, or you just want to earn revenue out of topics you like the most, earning money from blogging is something that any blogger can do. All you need is an established blog and the right sources of income. How can a blog earn revenue? That is exactly what we are going to talk about in this article.
Before we discuss the top ways to make money from your blog, there are a few basic things you need to know. First of all, there is no definitive way to earn money from your blog. Each blog is unique. The people who read your blog are unique. Don’t expect to apply one blogger’s success story to get instant results; that is just not going to happen.
Instead, focus on developing a monetizing strategy that works for you. Understand your users and the topics you talk about. Explore ways of earning revenue and choose the ones that suit you best. Before you know it, you will have a successful blog that earns a steady amount.
The next tip I can give you is to use multiple sources of income instead of relying on one. Small incomes from multiple sources can add up to a substantial amount, especially when managed properly. Don’t hesitate to explore new opportunities and you will find making money from blogging that much easier to do.
Top Ways to Make Money from Your Blog
There are several ways to make money from a blog. I will try to cover all of them in this article by first categorizing them into four main groups: advertising, affiliate marketing, products and services. Let’s take a closer look, shall we?
Advertising has always been a good way to earn money as a blogger. There are a lot of advertising types to choose from too.
– Text ads are advertisements displayed as text. This type of ads can be integrated into your content for a higher hit rate. Ad networks such as Google AdWords and Bing Ads use text ads that are matched with the content of the page in which they appear.
– Image and animated ads are often seen as more attractive. They are visually appealing and can convey a broader message to the audience. Image and animated ads can be placed on different parts of the site.
– Video ads are added to the beginning or the end of your videos. If you ever use YouTube and see a video ad at the beginning, the person who made the video is earning a portion of Google’s revenue on the ad.
– Native advertisements are becoming more and more popular these days. They can appear in the form of giveaways and paid reviews. You are basically working with the company behind those native ads in promoting their products and services directly to your readers.
There are two ways to gain access to advertising opportunities: through advertising networks and privately. The later involves working with brands and companies directly.
They usually contact you directly – or, you can propose to them instead. Advertising networks, on the other hand, does all the hard work for you. All you need to do is apply to the network, put the placeholders for the ads on select locations around your blog and the advertising network with supply the ads for you.
Affiliate marketing is another great way to earn revenue from your blog. You are basically promoting others’ products and services to your audience. In return, you get a percentage in commission for every purchase made. Affiliate programs have grown more sophisticated over the past several years. These programs can now track users for as long as 120 days. Some programs even allow you to earn commissions on repeat orders and future purchases.
To benefit from affiliate marketing, you will need to join one of the available programs. Amazon, for instance, has a very good Amazon Affiliate program that gives bloggers and site owners as high as 5% in commissions for promoting products available on Amazon.
Focus on choosing products that relate well to your audience. If your blog is about gardening, for instance, promoting gardening tools available on Amazon can be highly effective.
Aside from promoting products and services of other companies, you can also create your own products and offer services that users need. There are plenty of opportunities to sell products and services through your established blog.
Digital products such as an eBook and other resources are easy to create and can be great sources of income. You can write a detailed guide based on the topics you focus on and sell it on your blog. Downloadable contents, tutorial videos and other digital products are very popular too.
Merchandising is another great opportunity to explore, especially if your blog is well-known. T-shirt, special products that relate well to your topics and even accessories are not just easy to produce, but can also bring a lot of revenue. There are third-party services that can help you produce your own merchandises to help you get started.
Lastly, you can earn revenue by offering services to your users. Once you have established a blog on a particular topic and attracted users with your expertise, you can offer premium services for a fee.
Offering consultancy or selling services related to your expertise is another great way to earn revenue. If you are good at something, you should not do it for free. A friend of mine started selling travel planning services after her travel blog became successful. She is now working full time, planning trips for her readers.
Focus on your strengths and promote your services by producing high quality articles that users find valuable. Let your experience speak for itself. You’ll be surprised by the response you can get once you start offering these premium services.
You can make money from blogging using one of these methods. Be creative, focus on what your users are looking for and become successful as a blogger.