5+ Monetizing Streams Your Blog Needs
This post may contain affiliate links. Read my disclosure for more info.
“If you’re good at something, never do it for free”
Since you’re in the blogging world you’ll have to monetize your blog sooner or later.
When you start blogging you get overwhelmed very easily. Because driving traffic to your blog isn’t quite the easiest job. And you definitely will be needing a significant amount of traffic on your blog to be able to actually monetize it. With all the blogging tips all around and traffic strategies to follow, it becomes a bit too much to digest all at once.
Before you even think of monetizing your blog, keep in mind to have a decent amount of traffic to your blog.
In my blog named “ 7 proven ways on how to skyrocket your blog traffic “. I’ve discussed how important is to write quality posts. Quality over quantity is the goal. And how to network with other bloggers with the same niche as yours. All these strategies come in handy to attract traffic to your blog.
I recently asked a successful blogger who earns over $100,000 a month alone through just blogging (crazy right?) that what is the best tip to get traffic and she replied: ” High-quality posts are really engaging”.
Write at least 25 blog posts before you actually apply to monetize your blog site. Because without any content you will not be granted approval for any monetizing platform.
You can’t have fire without any fuel!
While arguably there are many ways to monetize your blog, here a given 6 primary ways to monetize your blog and help you earn an appreciable income.
1: Advertisements/ Ads
You have probably heard of ad agencies like “ Google Adsense or Media.net“. If not, then welcome to the mystery. These agencies place ad banner on your website pages and publishers of the blog( you) get paid accordingly.
- Adsense works with EPC (earnings per click) and CPC (cost per click). Publishers will get paid for clicks on ads appearing on their websites.
- Anyone ( above 18) with a website that meets Google Adsense guidelines can participate in this program.
However, not everyone gets approved by Adsense program. There are strict rules that cannot be broken. They may not approve you for many reasons like
- Insufficient content
- Minimum word requirement not satisfied (minimum of 500 words per blog post).
- Inappropriate content
- The domain is new
- Not original content i.e copied content (yes, they see that too)
- Violates Google Adsense guidelines.
To increase your chances of being accepted by Adsense, follow the given steps below:
- Your website should have a lot of written content (a number of pages indexed by Google itself)
- Make sure that your content is original (not copied from other websites)
- Make sure that your pages do have text content (not only images and videos). Pages with mostly images and videos are not accepted.
- Make sure that you placed the test Adsense code on all your pages in your HTML code. In case of a WordPress site add a widget, and in that widget add an arbitrary HTML code and then paste the Adsense code there.
- Don’t apply for an Adsense account if your website is less than 3 months old (that’s not an official rule of Adsense, it’s just a recommendation). For some countries (India, Middle East, Pakistan) you may have to wait for your domain to get at least 6 months old before being accepted to Adsense. I don’t know the reason behind it.
If you already applied for Adsense but didn’t got approval OR don’t want to apply for Adsense for some reasons then no worries, there a lot of Adsense Alternatives like
- Media.net (Media.net lets you place their ads even with a low amount of traffic and No matter what your niche is, Media.net provide ads relevant to your niche )
To learn more about the above-given ad agencies, click the given links.
2: Affiliate Marketing
It is one of the top-earning sources for bloggers. While most people think that just placing CPC or EPC ads on their blog will make a lot of money, that is not entirely true. You cannot earn a decent amount of money with just 10,000 pageviews per month totally dependent on ads.
Because in reality,
The real income starts when you have at least 100,000 pageviews per month with only ads.
When you refer your customers/audience to buy something from a company that you recommend, and they buy that stuff, you get a percentage of commission( get paid) from that company. This is called Affiliate marketing.
So you’re saying that I can earn a percentage of profit for every sale is made from my referral? And all I have to do is write a post about it? That’s it?
Well YES, YES and YES!
Affiliate marketing is best for new bloggers or bloggers who don’t have their own products to sell. You just have to create a content that harmonizes with the product you’re trying to refer. And you’ll get paid to do so.
For example: If you have a fitness blog and you want your blog readers/audience to refer some health supplements or tools you use, be the affiliate of that product and you’ll get a commission for each referral. You find a product you like, promote it to others, and earn a piece of the profit for each sale that you make. This way
- You make a profit from each sale you make.
- The company is happy because they got a new customer.
- The customer is happy to get the product that will fulfill their need.
It’s a total win-win.
However, one thing should be kept in mind that you should promote products that you have personally use/used or products that you have complete faith on. Tell then how was your experience with the product. That will send a strong sense of trust.
You can join Amazon affiliate programme if you want to be an Amazon affiliate.
3: Online Courses
“Your skills and experiences are unique and valuable. Easily build a beautiful course website, share your knowledge, and be rewarded for it “
Chances are your readers are reading your blogs and learning from it. Why not build an entire explained, demonstrated paid course so that you can earn from it.
You need to choose a topic that readers struggle with. For that do some research, find out the things that your audience find challenging. Of course, it should be relevant to your blog niche. You cannot own a fitness blog and sell your course about finances, I mean you could if you’re really good on that topic, but it will be really messed up.
You can learn How To Make Money Creating Online Courses here!
For example: Make videos about each and every topic you want to explain, make an executable worksheet for everyday plans and sell them on your blog.
Offer them something that will genuinely help them, some useful strategies, tips, a planner maybe.
4: Sponsered posts
If you’re getting a decent amount of traffic on your blog then, you’ll be approached by some business looking for a paid review post ( or sponsored posts). The sponsored post can be about a book, a software or a tool.
Paid reviews are when the business sends you their product and pays you to write a review about it, but you are not obligated to write a positive review( it’s a common courtesy to write a positive review about the product). Alternatively, some businesses will sponsor a specific post in exchange for a link back to their site.
And based on the backlinks/referrals, you get paid accordingly.
5: Email marketing
Email marketing is the most direct kind of contact with your readers. You can sell your product, refer some other product ( as an affiliate) directly to your email subscribers.
Your main focus is your audience. Serve them with great love and only refer them the products in which you have your absolute faith on.
Don’t directly shove products on their face, write a useful review about it and how is it going to help them then give the link to the product.
Writing an ebook is another way to monetize your blog. Put down your best strategies, tips, goal setting plans, what worked for you, what didn’t, mistakes you’ve committed and how to prevent them all in one manual.
It’s a one-time investment and you can advertise it on others blog to maximize its sale. With so many self-publishing opportunities available, too, it’s so much easy to get your book published and ready to sell with major retailers like Amazon or directly on your site or directly to your email subscribers.
Darren Rowse of ProBlogger reports earning $72,000 in just one week after launching his eBook. If you’re not terribly well-known, you can still make a decent amount of cash.
Steve Gillman reports at The Penny Hoarder that he made around $2,000 from an eBook on ultralight backpacking that he wrote in just a few days.
Questions? Ask away!
I am here to help you!