You probably already know the benefits of having a blog, and you probably also know that many of these benefits are not directly related to making money.
However, there is no reason not to make a bit of extra cash off of your blog, and there are actually ways that you can make a decent living from your blog alone.
If you are wondering how to monetize your blog, you need to look at the big picture and think about all of your different options.
Incorporating several of these methods into your blog can help you to achieve wonderful results.
1. Affiliate Marketing
One highly effective way of making money off of your blog is promoting products for businesses and in turn making a bit of commission off of each sale.
This is known as affiliate marketing, and it can be actually be highly profitable if you do it correctly.
If you want to get involved in affiliate marketing, it is important for you to promote products that you actually believe in.
If you promote products that you are unsure about, your readers will be able to tell that you are less than passionate about these products.
Before getting involved in affiliate marketing, you should really do your research.
Look for products that you truly think your readers might be interested in and that you really think that they could benefit from purchasing.
Even if a promotion seems very enticing, make sure that you do your research on the product before promoting it too heavily on your blog.
If you promote products that are helpful to your readers, they will be highly appreciative, and you will make a nice profit off of these sales.
However, promoting bogus products or scams will cause you to lose a lot of credibility with your audience.
2. Pay Per Click Advertising
One of the most popular ways of making money with a blog is having pay per click advertising on your page. Many people use this as a way to make extra cash on their blogs, websites forums and other pages.
Pay per click advertising is relatively simple.
You will be given a code to post on your blog, and the code will display ads that are related to the topics on your blog. Each time that an ad is clicked on, you earn a certain amount.
Google Adsense is one of the most popular choices for pay per click advertising, but there are other options out there as well. Do your research to find out which program is best for you.
Although many of these advertisements do not actually pay a lot for each individual click, the profits can add up pretty quickly if your blog has a lot of readers.
3. Sell Advertisements
Once you have a loyal base of readers, you can begin selling advertising space on your blog. This can be even more lucrative than typical pay per click advertising.
You will be responsible for writing your own contract for this type of advertising, so you can choose to be paid per click, per page view or even a set fee each month if you choose.
Companies that feel that their product or service will be intriguing from your readers are often willing to pay great rates.
4. Paid Reviews
Paid reviews are a wonderful moneymaking option for all types of blog owners.
The process is simple: You post reviews of different products, services or businesses on your blog, and you get paid for it.
I also really like doing paid reviews because it gives me something to blog about when I am suffering from writer’s block.
5. Sell Products
Your blog is the perfect place to sell products, and you do not have to split your profits with anyone.
Consider selling e-books or other products that require a minimal investment on your part. This will help to maximize your profits!
While there are numerous ways to monetize your blog, the 5 ways listed above are arguably some of the most popular and effective methods for beginners.