There are many exciting ways you can monetize your blog, some that require very little effort on your part.
Even if you just started a blog as a hobby or passion project, why not make some extra money in the process?
Many think you have to be a famous blogger to make money… wrong!
If you have a blog, and only one person visits it, you can still have money deposited into your bank account.
If the thought of making money while you sleep intrigues you – read on.
I’m going to tell you 7 ways you can make money with your blog, including ways you can make money round the clock.
If your blog isn’t making you money, what are you waiting for?
1. Display Ads
I think this is probably the most obvious one; almost any blog you visit is going to have some space, big or small, designated for ads.
Display advertising works best when you have a lot of traffic coming to your blog.
There are different ways to get paid for having an ad on your blog, here are the most popular:
- CPC (cost per click): Every time a reader clicks on an ad on your blog, you will get paid. A great example of this is with Google Adsense; by adding a script from Google to your website, Google will show your readers different ads, when the ad is clicked, you get paid. This is best for bloggers that are newer and don’t have a lot of visitors yet.
- CPM (cost per thousand impressions): An impression is a view. You are paid every time 1000 readers view the ad on your website. So, even if your readers aren’t clicking on ads, you still get paid. There are various CPM networks that will provide you with script to add to your blog to run these ads and track impressions. This is best for someone who has a lot of traffic coming to their blog.
- Direct selling: Selling ad space (e.g. large banner ad, popup ad, or sidebar ad) to a company can be very effective. As a blogger, you set the price and amount of time the ad stays up. It will require a bit more coding work but there is a lot of convenience as well because the views and clicks aren’t being tracked in order to get paid. There are WordPress plugins out there to help with this process and make it a bit easier. The more visitors and readers you have to your blog, the more money you can charge.
It doesn’t need to be complicated. The more website visitors you have, the more money you’ll likely make.
With a display network like mine, Mediavine, you’ll get paid even if your readers aren’t clicking on ads.
2. Affiliate Links
An affiliate link is a unique link you get when you become apart of an affiliate program.
Every time someone uses your link to purchase from that company, you get paid a commission.
Using affiliate links can be very lucrative when done correctly.
There are several brands that have affiliate programs in almost every industry. Once you have signed up with them, you essentially promote the products and use the link to get paid.
Monetizing your blog in this way works best when you have built up an audience, however, it is possible to start making money straight away.
Promote a product that is aligned with your blog, for greater success.
Make sure you provide valuable content and look like you know what you’re talking about.
You’re more likely to make sales, when you provide value to your readers. Always disclose to your readers that it is an affiliate link.
If you want to know more about Affiliate Marketing check out my dedicated post right here >>
3. Sponsored Posts
A sponsored post is when a person or company pays you to write about their products.
The company may want the blog post written for SEO purposes, so they may provide topic suggestions and ask that specific keywords are used strategically throughout.
Alternatively, they may want your loyal readers to hear YOU talk about their product in hopes that your readers will buy their products.
How much you get paid from a sponsored post often depends on how many impressions your blog usually has; the more impressions you have, the more you can charge.
4. Sell your own products or services
This option is great because when you create your own products and services, you get to keep all the profits, as opposed to only taking a small cut.
Let’s say you have a food blog where you post your latest culinary creations.
You can write an electronic cookbook, a guide on how you started your food blog, or even a printable recipe template.
You would advertise this on your website and automate it so that every time someone buys, they are automatically emailed the book and you collect the money.
However you sell your own product or service, it’s a great way to start monetizing your blog right away.
5. Directory or Resource List
With a directory or resource list on your website, you can help your readers while simultaneously making money.
For example, if you have a blog on creating your own makeup and skincare line, you could have a directory of companies that sell wholesale skincare ingredients.
Your readers may have trouble finding specific items they need to make their own soap or lip gloss and you help them out with this directory.
Some bloggers will charge readers access to the directory. Alternatively, you can reach out to companies and ask them to pay you to be put on your directory.
Just be sure you trust the company that gets on your directory, so your reputation isn’t tarnished.
6. Sell Physical Products
A blog doesn’t just have to be written posts – you can sell stuff too! If you have a blog on jewelry making, why not sell supplies?
Selling your own products has some pro’s and con’s.
The con is that it will require a lot more work on your end; you will need to acquire inventory, ship out products and deal with returns.
The pro is that unlike an affiliate link, you are keeping 100% of the profits.
This is a great option when you have a following. You can use Instagram, Pinterest and Facebook to broadcast new products to your followers.
7. Sell a Service
If selling a physical product isn’t for you, what about a service? You are an expert in something, likely what your blog is all about.
Let’s say your blog is about wine – you could provide virtual tastings or customized wine pairings for an upcoming event.
These services could be offered virtually, and you have control over the amount you charge, when, and how you provide these services.
Wrapping up Monetizing your blog
As you can see, there are many great ways to make money from your blog and you don’t need to select only one.
You can implement many of these money-making strategies at the same time. Just be mindful and ensure you are also offering quality free content and providing value to your audience.
By building a solid blog with a lot of valuable information, you will continue to draw in more people and in turn, make even more from your advertising endeavours.
To start, pick one of the ways listed above and focus on quality before bringing in another means of monetization.
So, like I asked earlier… what are you waiting for? Get out there and start making money!
Feel free to comment below and let me know if you have any questions about monetizing your blog. I’d be more than happy to help!