Are you looking to monetize your blog? Well, there are a lot of people who want to earn some extra money from their blog. There are many others who are already making a high six-figure income through blogging. If you want to do more with your blog than just sharing your views, you can start making money from your blog. But do you know how to turn your blog into a money-making machine?
Given below are some key tips that you can use to monetize your blog. However, this is entirely your task to find out what really works for you and what doesn’t. So, follow these tips, experiment and continue with the best.
1. PPC (Pay Per Click) Ads
The more times ads are clicked, the more money you earn. Yes, it’s an advertising program which requires you to position ads on your blog. If you are just starting with the monetization process, this is the perfect option to go for. However, you should remember not to indulge in an excessive display of ads, as it hampers the overall quality of your blog.
2. CPM (Cost Per Thousand) Ads
A CPM-based advertising program earns you money every time someone else’s ads appear on your blog. That means, the program runs on an impression basis. If you want to make the most of this monetization strategy, all you need to do is increase the number of pageviews on your blog.
3. Sponsored Product Reviews
Writing a review for someone else’s products is also a cool way of making money from your blog. Once your blog starts getting a decent amount of traffic, you can decide to publish product reviews to make extra cash. The best part about this monetization method is that you get to try out an array of products for free. But it’s important to match the product with the theme and requirements of your blog.
4. Direct Banner Ads
This type of advertising offers more potential than a PPC or CPM-based program. There are plenty of advertisers who want to place (read buy) ads on high-traffic blogs. Being an ad seller, you are paid on a monthly basis for running banner ads on your blog.
5. Sponsored Posts
This moneymaking way is similar to product reviewing. Here, you are paid to write an entire post on your blog for somebody else. The advertiser wants you to write and publish a post, which promotes a specific website or blog. You may also be required to place targeted keyword links (according to the advertiser’s requirements) into the post. However, overdoing it may harm the reputation of your blog.
6. Selling Others’ (Affiliate) Products
If you want to make good money blogging, it’s a good idea to sell others’ products. This form of advertising is known as affiliate marketing. Here, you earn a commission on the completion of an action (i.e. purchase). Bloggers should take care not to exceed doing it. While monetizing your blog through an affiliate advertising program, you should always promote or recommend only those products that add value to the blog’s content.
7. RSS Feed Ads
The RSS feeds of a blog also offer monetizing opportunities. If you have set up Google’s Feedburner on your blog, all you need to do is activate the Google AdSense for the feeds. Just go to your feedburner account and click the Monetize tab. It is up to you to decide how you want the ads to be displayed.
8. Text Link Advertising
If your blog is high quality as well as high traffic, you can earn some extra money by displaying text link ads. There are many bloggers who make thousands of dollars via text link advertising. Most of these programs will pay you a flat fee on a monthly basis, which means it is independent of clicks or impressions. You can receive the payments on the first of every month.
9. Marketing Your Services
This is also an excellent way of earning money from your blog. Once you reach a point where your readers have approved of your expertise, it’s time to talk about what you can do for them. You can create a specific page of your blog for listing the services that you want to offer.
10. Job Boards
If your high-traffic blog focuses on a particular niche, it’s a great idea to start a job board for advertising relevant job positions. Most of the top industry blogs make money in this way. You will get paid for posting several companies’ job opportunities on your blog.
11. Selling Ebooks
If you want to turn your blog into a money-making machine, start selling an ebook. While creating an electronic book, you should always keep in mind the niche market that you cater to and the problems that the target audience is facing. Writing an ebook which sells like hot cakes requires a good amount of research, time and energy. It is also a good idea to have a look at couple of industry related ebooks before you start writing (and selling) your own.
12. Speaking Fees
There are plenty of bloggers who make money by speaking at industry related events. If you are truly an expert in your niche, you can benefit a lot from this money-making opportunity. All you need to do is create a speaking page on your blog and start giving presentations at events.
There are many more ways that can fetch you extra cash. However, those mentioned above are the most effective strategies that you can use to make money blogging. Depending on whether you are a newbie or an established blogger, you’ll need to use different strategies. Start experimenting right now to discover what works best in your case.