You want to make money, right? Of course, you do. Everyone wants – and needs -to make money. So you started a blog since you’ve heard it’s an easy way to make cash, but you’re not quite sure how to actually make money doing it. Or maybe you already have a blog and you’re exploring ways to monetize it.
A few years back blogging was just another hobby but a lot has changed in past few years. This is 2016 and now blogging is one of the great online businesses that anyone can take advantage of.
As a blogger, gone are those days, when bloggers were dependent only on ADSENSE to earn money online, and now bloggers have many more ad networks and monetization methods, which they can implement and earn huge from our blogs.
If you have been using those traditional methods of making money from your blog, it’s time to give a new vision and revise your Blogging business plan. Make some new tweaks, changes for the design and marketing of your blog. Work hard to promote your blog and integrate new ways to earn from your blog.
If you are using contextual advertisement and not making enough that way, you should try moving to direct advertisement or affiliate advertisement. Apart from the traditional form of Advertising, work on other monetization tricks which work. Instead of just adding ads, work on adding value for your advertiser. It’s better to have 1 high-paying ad than 4 low-paying ad units.
Sell Digital Products
If you would rather not advertise other people’s products on your site, or if you are looking for another stream of income, consider selling digital products. This can include items like:
- Online courses/workshops
- Images, video, or music people can use in their own content
- Apps, plugins, or themes
Just remember that if you are going to choose one of these avenues that you make it relevant and useful to your readers. A lot of bloggers make the mistake of assuming they are developing a product their readers need; listen to your readers first, and then create a digital product that will meet their needs.
Affiliate advertising is one of the best ways to make money since a single sale will make 10-100$ for you. Specially, if you are in the Blogging niche I suggest you, look into web hosting affiliates and SEO affiliates. Also, WordPress theme affiliate converts great.
Most advertisement programs like Chitika, Infolinks, and many others have pay-per referral programs. Depend on the advertisement program you are using, you can look for a referral program and refer your readers to that program. This will quickly add some quick dollars to your pocket. Make sure to refer to that programs only which work. Though this will work on the niche which talks about making money online or blogging.
No doubt AdSense is the best advertisement program for bloggers but again it has some limitations like you will not get paid 100% from advertisers and AdSense keep a great cut in between. If you manage to grab direct advertisements, replace AdSense with direct advertisements.
Most bloggers entertain, educate, or somehow edify their readers
Find a topic or niche that interests you, learn about it, and share what you learn in a unique, creative way. Solve problems, using your writer’s voice! Build your own blog with a theme and content you can’t wait to wake up to every morning!
And keep reminding yourself that earning an income online – like anything worthwhile – is a long-term process.
Many bloggers make money by play with types and sizes of ads
There are so many ads to choose from! Banner ads, product images, text ads, in-text link ads, pixel/favicon ads, contextual links, eBook ads, exit ads, lions and tigers and bears, oh my. Incorporate the ad types and sizes that you dislike the least, let them run for a couple of months, and see if you make money. Remember that you may need over 1,000 page views a day before you make $100 or even $50 a day with your blog, depending on your niche and products.
Paid reviews are again a great way to boost your monthly income report. You can quickly make anything above 10$ for a small review post. I make a minimum of $500 from every review at ShoutMeLoud.
Create and sell eBook:
If you will notice the business model of most of the top internet marketers, most of them sell eBooks. For Bloggers like you and me, it’s easier to create eBooks by using your existing blog content. All you need to do is, pick a topic, compile an eBook on that topic, and put it on sale on your blog or on Flipkart.
All bloggers remember the concept of “compound interest”
Plant seeds now; they’ll yield acorns and trees later! Some of my most popular blog posts – and highest sources of income – are articles I wrote a couple of years ago. Making money blogging is a labor of love for the first two or three years. It helps if you have another source of income or a wealthy spouse to pick up the financial slack.