How To Make Money From Blogging
Blogs can be monetized in many ways. Check out the different models and best ways to make money online from your blog
If you have a blog or site - or are thinking of starting something like this - know that you still have the potential to make money. Blogs can be monetized in many ways. This article discusses various models of online monetization and the best practices for digital content monetization.
Start with the basics. What is monetization? Simply put, monetization means making money from your site. If you make money from online content on your blog, it will be called monetization.
Here are several online business models to help you start earning money from your blog:
Advertising
Affiliate Marketing
Offer products directly or digitally
Subscription
Coaching
How can you do these things for yourself and your blog? Let us understand each model of monetization very well.
Monetization through advertising: Advertise on your blog to earn money
As a blog publisher, you can easily make money by adding ads to your online content Advertisers are willing to pay to attract your visitors. Similarly, the more promotional newsletters, the more advertisers can charge, the more popular your site and content, the more you can earn.
You can offer ad slots for all the business ads you want to show with your content. This is called a direct deal. You can also use ad networks like Google AdSense to sell ad slots on your behalf.
AdSense helps you display relevant ads with content on specific pages of your blog. For example, if your blog is about adventure travel and you have just uploaded a travel related post to Rekyavik, AdSense may show you ads about travel insurance, Iceland or warm clothing. As the owner of the site where the ad is displayed, AdSense pays you when a user sees or communicates an ad.
With the ability to make online ads relevant to your blog content and readers, many advertisers are willing to pay a premium price for your ad slots.
Monetization through advertising: Advertise on your blog to earn money
As a blog publisher, you can easily make money by adding ads to your online content. Advertisers are willing to pay to attract your audience. Similarly, the more circulating newsletters, the more advertisers can charge, the more popular your site and content, the more you can earn.
You can offer ad slots for all the business ads you want to show with your content. This is called a direct deal. You can also use ad networks like Google AdSense to sell ad slots on your behalf.
AdSense helps you display relevant ads with content on specific pages of your blog. For example, if your blog is about adventure travel and you have just uploaded a travel related post to Rekyavik, AdSense may show you ads about travel insurance, Iceland or warm clothing. As the owner of the site where the ad is displayed, AdSense pays you when a user sees or communicates an ad.
With the ability to make online ads relevant to your blog content and readers, many advertisers are willing to pay a premium price for your ad slots.
Affiliate Marketing: Make Money By Recommending Products
Affiliate marketing is when you include a link to your content in a product or service for sale on another site. Here's how it works: When someone clicks a link to your site, goes to an affiliate site, and is processed to buy your approved product, you get a commission on the sale.
For blogs with hired visitors who are interested in product suggestions, this can be an effective earning model. Informational, how-to and lifestyle articles provide great opportunities for affiliate product promotion.
The Adventure Travel blog can be taken as an example again, suppose you posted about a great swimming location. You can use affiliate marketing to suggest gear - such as swimsuits, towels and glasses - that you have packed for your trip. If any reader of the blog buys it by clicking on the suggested swimsuit link, you will earn from the blog.
To maintain the trust of your audience, try to maintain clarity about your relationship with the customer. Many countries have a legal obligation to disclose your relationship with the customer, so be sure to seek legal advice before engaging in affiliate marketing. Also the reputation of your blog is related to your product or promotion service, so keep quality in mind when choosing your affiliate partner.
Offer products directly or on digital platforms: Sell things to make money from your blog
To make money from their blogs, many bloggers are now trying to create an e-commerce platform to sell their products through online stores. Your product can be physical or digital. For example, on an adventure travel blog, you can sell a T-shirt featuring your logo or a digital guidebook for a foreign destination.
Whether your product is physical or virtual, you need to set up a system to receive payment. The things you need to keep in mind when selling physical products are storing stock, organizing shipping and managing taxes and duties. Digital products are logistically less complicated because they can be delivered online.
Subscription: Charge general fee to add new stream of income
If your blog has an active community who are interested in learning more about your topic, then paid membership or subscription model is one of the best ways to use your valuable content for long term earnings.
In this type of business model, readers pay a certain amount on a regular, monthly or yearly basis. That way, by collecting subscription or subscription fees from readers, you can earn again and again. This kind of continuous cash flow provides the possibility of more stable, predictable and accurate revenue flow.
In return, you can provide customer or member premium content, community area, learning resources, video or additional services and tools. You can combine different types of elements that are suitable for your blog.
Coaching: Monetize the blog through training
If you offer training services through blogs, you can earn money by setting up and charging online courses or coaching packages.
When you create self-directed educational materials, such as videos or downloadable ebooks, you allow members of your audience to advance on their own. As people continue your course you will learn about their interests in other subjects.
Developing an online curriculum may require considerable time and resources, so you will need subject-related audiences to make it effective.
Another way to increase your income is to offer live video coaching and you will be paid for your time.
Whether your offer is based on an online course or on-demand coaching, you can include conversations with students via email or through your blog.
Remember, there are different ways to make money from your blog. To find out which one works best for your business, you can learn how to better monetize a blog or match different streams of revenue. If you are interested in learning more about online monetization, check out our blog .
