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5 BEST WAYS TO [MONETIZE YOUR BLOG]

10/30/2016
So you've finally built a blog, something that is useful and appeals to your market. You've come up with a potentially profitable niche and have been pulling in a great amount of traffic for some time now. So what's next? Blogging is the product of your passion and hard work, but there’s no rule that says you can’t do something you love and still get paid for it. You may want to think of ways to make it profitable. The trick here is figuring out how. Building a blog that generates a decent income not easy. But through creativity and a lot of hard work, making money through a blog is possible.

The following list is a compilation of different methods to monetize a blog. Use a method depending on what your blog is about. Don’t get discouraged if one method doesn’t work, just try another one and build upon that. I have personally tried incorporating Google Adsense on my 3 websites and succeeded making money from it. Try a few methods and map out a monetization strategy that works for your blog.


1. Google Adsense


Google Adsense is a free, simple way to earn money by placing ads on your website. You sign up for approval and once accepted, they'll give you a code for you to place on your site. Google Adsense pays you for every ad click a visitor makes on your website.


2. Create & Sell Your Own Product


If you have a product that might be helpful to other people, launch it on your blog. May it be a digital good or a physical good, as long as it is related to your niche, sell it.


3. Sell What You Do Best


Take your skills and package them into a unique service that offers your audience help in a certain area. For example, sell your writing services, logo services, SEO services, marketing services, theme creation or plugin generation services on your blog for a fee.


4. Affiliate Marketing (sell someone else’s product)


If you don’t have a product to sell, one of the best ways to earn money from your blog is to sell products other people's. You get a commission from promoting and selling items as an affiliate. The products you choose to promote must align well with the type of content you produce to make the most impact. Only promote products you have used and believe in personally.


5. Teaching & Consultancy Program


Once you’ve built trust and have consistently shared your expertise on a subject with your audience, try looking into providing education products to earn some cash. These include creating ebooks, online courses, books, seminars, and coaching programs related to your niche. Use your skills and expertise in a certain area to teach and share to people what you know, for a fee.


This article is the first part of my 4-part Blogging Tips series. Check out the other articles to learn more about profitable blogging.

A BEGINNER'S GUIDE TO BUILDING A PROFITABLE BLOG



INTRODUCTION: TURNING PASSION INTO PROFITABLE BLOGGING


STEP 1: FIND YOUR BLOG NICHE


STEP 2: CHOOSE A BLOGGING PLATFORM


STEP 3: MARKET & GENERATE TRAFFIC


STEP 4: MONETIZE YOUR BLOG

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