10 Best Strategies To Monetize Your Blog And Make Money Online
You might have seen or heard about people who make a plenty of money from a blog. Here are a few of them who do notably well with blogging:
- SmartPassiveIncome.com a 5-6-year-old blog by Pat Flynn makes around $80,000 per month.
- PinchOfYum.com a food blog started in 2010 by Lindsay makes around $25,000 per month.
Is it possible to make money from blogging?
Yes, if your blog gets more than 10,000 visitors in a month -it’s comparatively easy to monetize your blog and make a nice income water with it.
The real hurdle is making money from a blog that produces less than 1,000 visitors per day.
When you just started with your blog, it can seem like one of the most difficult and frustrating tasks. With so much knowledge to apply and strategies to the summary, how one person can find the time or the resources to not only understand the art of blogging itself, but also that of driving notable amounts of traffic?
We all know blogging isn’t some kind race. People want their words to be recognized and spread.
However, certainly, it isn’t really that simple. Not only it is difficult to run traffic to a blog, but also hard to monetize the traffic that you do receive.
That said, this in-depth article will accompany you to monetizing your new blog.
Follow these 10 Best strategies to monetize your blog to makes more than 1000 visitors per day.
Strategies to monetize your blog
1. Affiliate marketing
One of the best methods to monetize your blog is to leverage affiliate marketing. Especially when you have just started and don’t have a product or service to sell.
All you need is to create quality content that will eventually be in accordance with whatever affiliate offers you plan to endeavor.
Just say, if you’re running a fashion blog, you can easily sell affiliate fashion apparel, footwear or sportswear. As the content is previously drawing people that are involved in fashion, selling certain kinds of products helps you to produce a water of passive income.
So how you can start affiliate marketing? well, You can begin by joining a popular program such as:
2. Google AdSense
Most people start a blog only for ads and Google AdSense. Google Adsense is one of the most popular ad channels around.
People often believe that adding some PPC ads will be a great way to make lots of income with their blogs unless you have huge amounts of traffic — as in 10,000+ visitors per day.
There are two methods to start making money from Google AdSense:
- Based on impressions: This depends on page views. For example, you earn a set dollar for every 1,000 page views you get.
- Based on clicks: Despite page views, if a visitor clicks on the ad from your site, you’ll earn a certain share of the ad revenue. It can be anywhere from $0.01 to a couple of dollars depending on the ad.
You can use Adsense with free blogger blogs and self-hosted WordPress blogs, but remember that it won’t work with a free WordPress blog.
3. Email marketing
Email marketing one of the most powerful and less expensive ways to monetize your blog for making money. It refers to adding new subscribers to your email list.
You can attract visitors to subscribe by giving a free gift exclusive to subscribers and, by consistently producing quality content that drives people back to your blog.
In order to be successful and utilizing one of the more popular email marketing platforms like MailChimp, Aweber or InfusionSoft, Firstly you need to build your list.
A respectable amount of money can be made by building a good connection with your readers. With the help of email marketing, You can offer both your own products and affiliate products directly through email. You can expect to make around $1 per subscriber per month.
4. Sell Ebooks
Making eBooks of your products or service is a relatively popular way to start selling in your niche. Write an eBook that’s followed by the content of your blog or products. If you’re teaching people about a new skill or enhance their present one, it’s likely that the ebook will give a good value.
You can also publish your eBook on tons of self-publishing website or sell to the major retailer like Amazon or directly on your site.
But, the question is How much money can you make?
Darren Rowse of ProBlogger reports earning $72,000 in just one week after launching his eBook.
So, If you’re not well-known, still you can make a decent amount of money.
5. Sell courses or Service
Selling online courses is another great strategy to monetize your blog. If you’re teaching your visitors about something, why not develop a self-governing learning opportunity by building a paid online course?
Create simple and helpful courses that supplement a huge amount of value and the rest will be smooth sailing. By giving little effort into these courses, You can simply sell them on autopilot mode, another excellent blog monetization strategies for passive income.
A simple way to sell these courses is by introducing up to a 7-week course via automated email messages or delivering the full unit all at once allowing students to work at their own pace. Some examples of online courses include:
- Social media practice for a Marketers
- Free Blog writing courses
- Content marketing class for the Marketers
6. Offer coaching service to your clients
Another popular practice to make passive income through your’s blog traffic in short span of time. With these services, you charge a fee to give your opinion to your clients.
For instance, let’s assume you blog about Digital Marketing. You could charge around $50 -$75 for one to one video session with your client. You can also send a full report of your discussion through email.
If we go by the statics, Revenue of business coaching in the United States from 2009 to 2014 is around $8 billion yearly.
It doesn’t imply on your when you begin your blogging career – offering a coaching service can make you money.
7. Become freelance blogger
A freelancer is an acknowledged writer who writes articles on various topics for websites, emails, products, landing pages, etc.
If you have started blogging, then you have all skills to become the on-demand freelancer blogger. Yet, another best monetization method for your blog.
Top companies and brand are continuously looking for a blogger with the appropriate skillsets. So, becoming freelancer gives you a huge opportunity to boost your financial life.
Initially, you have to market yourself as a guest blogger by posting your content on high authoritative blogs, regular in-house blogging. You can also make use social media for marketing yourself by joining groups of your niche.
8. Secure sponsorships
For Sponsorships, you need to have a good amount of traffic for making a quality amount of money. You can build sponsored posts as long as you label them as sponsored.
You need to be cautious with sponsorships. Make sure that you’re crystal clear with your audience. Google also cares sharply about sponsored links and penalize if you’re selling links. Simply, be as transparent as possible.
9. Ads and Paid Reviews
If you have a decent amount visitors to your website, then there is a chance that you might be approached by a business looking to promote their products or service on your site. Generally, there are two types of request you get:
- Paid Reviews
- Banner Ads
Paid reviews are the reviews which you write for products send by the business. Here, you’re not bound to write a positive review. You can write what you feel about the products. Don’t try to fool your audience by writing a false review rather be more genuine while writing the review.
Ads that you place on your website sidebar or header is called Banner Ads. You will be paid monthly or weekly basis to keep the ad by the business, whose ad is being displayed on your website.
10. Start a virtual summit
Virtual Summits, which are gaining more popularity nowadays is another best method for monetizing your blog.
Numerous bloggers are using summits to build a relationship with influencers. Influencers can bring you reliability, reach, and engagement.
Here are some benefits of Virtual Summits
- Lead generation- Virtual summits are remarkably powerful at generating traffic, and sales. The potential to view lectures from numerous specialists on an interesting topic can pull more people.
- Product Development- It is very unlikely for your audience to take all the information during the live session. So it is good practice to develop a product of all the highly valuable content you’ve built after a summit is closed.
At the guts of a blogging could be a deep-rooted desire to develop and train an audience.
Most beginning bloggers considered that blogging alone was enough to make them money but ended up in fighting to make a living from their blogging efforts.
You have to be consistent with your blogging practice. No real success happens overnight.