As much as blogging may be fun as a hobby, there are ways in which you can monetize it to get money from it. Actually using the right strategies you can even turn it to a full time job and hence you don’t have to do it as a side hustle. Even though the success of a blog is mainly influenced by the niche and the content, the monetization strategies can make sure that it is a success. Some of the sure ways of monetizing your blog includes:
This is the all-time giant of internet marketing. Affiliate marketing is whereby you promote other people’s product or content on your site then you earn a commission from it if it generates a sale. Sounds easy right? To however do it successfully, it is better to promote products in your niche and products you can personally recommend. There is nothing as bad as recommending a bad product then a customer raises a complaint on your blog. It is also important to include a disclaimer so that your readers are not misled. Most blogs go with popular programs to get started such as amazon associates, clickbank and linkshare. You however can choose your own path and deal with small retailers in your niche.
This is another and one of popular monetization methods used. There are even people who just create self-hosted blogs for ads. Google AdSense works by displaying ads on your site then you get a commission when clients click on the ads. You can also earn commission based on impressions whereby for a certain page view you get a certain amount. Even though AdSense it compatible with free blogger blogs and self-hosted blogs, it may not be able to work with free wordpress blogs. With AdSense, the more the traffic the more you can earn.
If you are having an educational blog, you can turn it to online courses where readers have the chance of buying paid online course. You can however make it in shorter time frames such as four week course and package it in a way that makes it more attractive. The better you package it, the more the number of customers will be willing to buy it.
This is a great way of earning money from your blog. In consulting, you can charge your readers a certain charge for feedback. If your blog is doing well, it is likely you will be approached by readers to give advice on certain aspects.
There are many more ways to monetize your blog; it depends on what you want. As much as you may focus on monetizing your blog, you should know that your traffic is very important and is mainly what will determine your success. Focus on driving traffic to your site by having quality content and advertising your blog well. Social media is the right channel to use to market your blog successfully.