Are you starting a new blog but don’t know how to make money with it?!
It’s freaking hard and takes a lot of time to create content and promote your website, so you should be worried about how to cash out from your efforts as fast as possible
Discover in this article the best methods at your disposal to turn your blog into a highly profitable business.
11 Best Ways to Make Money with a Blog
1. Display Ads
The easiest way you can make money from blogging is by driving traffic to your blog and making money from advertising.
Advertising is a great way to create passive income with your blog, and you can make substantial earnings from advertising if you have a high amount of traffic and qualify for well-paying advertising networks.
You can join revenue-sharing advertising networks and place ads from those networks on your blog.
There are many advertising networks to choose from, depending on your site’s traffic.
2. Affiliate Marketing
Affiliate marketing provides one of the fastest and best ways to get started in online marketing and can be VERY profitable.
Affiliates earn commissions for generating sales or leads for someone else’s products.
Affiliate marketing makes it possible to start monetizing your blog immediately even if you don’t have your own products.
You don’t have to create, purchase, stock, or ship products. You don’t need a merchant account or set up a shopping cart.
You don’t have to spend time processing orders, refunds, or returns. But even if you have your own products, you should offer related products or services through affiliate programs to have more resources for your audience.
One of the fastest ways to make money blogging.
As you build your authority and share knowledge with your readership, supplement your content with one-on-one coaching sessions.
Regardless of your expertise, there is always more than one way to convert your knowledge into useful training for others.
For example, if you use your blog to share your passion for gardening, you could offer one-on-one video sessions offering tips and advice on how someone can improve their home garden.
Or, if you’re a digital nomad and travel blogger, you can offer customized travel itineraries to clients based on their interests and budgets.
Likewise, if you’re an entrepreneur or career blogger, you can offer your audience career or life coaching sessions.
4. Sell an Ebook
As you build your readership, offer your fans an in-depth, comprehensive angle on your content in the form of an e-book.
Your e-book can be an elaboration on topics you cover in your blog or introduce a new theme or question that is highly relevant to your target audience.
For instance, if you’re a photography blogger and regularly publish tips for shooting and editing, your e-book could explore the most fascinating locations you have ever worked in and what they taught you about photography.
As you create your e-book, draw lessons and stories from your own knowledge and experience.
Teach readers something new, and show them how they can put this knowledge into action in their own lives.
You can also monetize your blog by simply asking for donations.
While you shouldn’t be pushy, you can leave a friendly, transparent note to fans expressing appreciation for their readership and welcoming their support.
Your audience will be especially inclined to support you if you’re blogging about a good cause, whether your goal is to promote social justice or support nonprofit work.
Note that the principle behind donations is that they enable your audience to thank you for providing them with free, valuable content.
For this reason, asking for donations is not advisable if you’re already selling your content.
Many bloggers make money by selling products inspired by their content. While some of these bloggers are well-known influencers, internet fame is not a prerequisite for selling merchandise.
Monetize your blog by selling merchandise related to your industry or niche.
You can sell specific items relevant to your industry, or general products stamped with your custom logo.
7. Sell Digital Products
Consider repurposing your most popular written content in the form of online courses. This technique for selling videos online will not only help you drive engagement, but it’s also a powerful blog monetization strategy.
Using tools like Kartra, Thinkific or Teachable, you can sell, rent and enable your video content for download under your own terms.
This enables you to determine the pricing and even restrict the duration of the video’s availability.
To make the most of your online courses, think about the types of content that your target audience would find valuable enough to pay for.
For instance, you might create a complex tutorial video that offers insights that go beyond what your audience might find for free online.
These might include educational videos such as coding tutorials or a series of fitness training videos.
8. Sponsored Posts
Did you know that you can get money for writing and publishing a sponsored post on your site?
Sponsored posts can be articles. You can charge for publishing only.
And you can charge additional money if you’re writing the post.
Sponsored posts can also be a mention and a link or a review. Rates for sponsored content vary wildly.
9. Membership Site
One of the best ways to get steady, recurring income each month is by creating a membership program filled with quality content that gives your members a ton of value.
When promoting memberships, you’ll earn recurrent income and make money every month as long as people belong to the membership.
You’ll need specialized software to create a membership site and it’s best to have some Internet marketing experience before setting up your own membership.
To keep people in the membership, you’ll have to offer value to your members and provide new quality content regularly.
10. Freelance Services
Show your expertise and build authority by providing great information on your blog and providing related services as a freelancer.
In-demand services include transcription, virtual assistant services, administrative services, freelance writing, proofreading, editing, internet marketing services, social media management, web design, graphic design, programming, translating, customer service, and more.
Another monetization option is to start a podcast if you want to get especially creative with your blog.
Rather than create your audio content from scratch, you can simply repurpose the existing content on your blog.
Podcasts have skyrocketed in popularity within the past couple of years, and taking advantage of this trend can help increase your blog’s exposure and drive more traffic.
On top of that, you can make money from podcasting by selling sponsorship slots to businesses.
Essentially, these will be like short radio ads you incorporate midway through each podcast.
Wrapping It Up
Making money with a blog is certainly not difficult since you have multiple ways to monetize the actual traffic that you get.
You can pick the one that best suits your niche and the amount of work you are willing to do. But making money will always be a possibility, as long you provide value to your readers.
If you are interested in knowing the best online business model for you, don’t forget to click this button below.