Are you exploring ways to monetize a blog? Let me tell you, you’re at the right place.
Monetizing your blog doesn’t just include signing up for Google Adsense.
(If you think that, then you are in trouble.)
To make money quickly, you should not depend on just a single medium for making money.
I know many of you have read this rotten monetization strategy for a new blog (especially newbies).
- Start a blog. Then, write 15 – 20 blog articles
- Get a few 100 visitors every month.
- And then, apply for Google Adsense.
- Congrats now you have a steady income source. Just build on it.
You cannot be more wrong!
There are many strategies, which you could employ to monetize your blog and earn money quickly.
That’s why, for you all readers, I have made a comprehensive list of the 21 best ways to monetize your blog.
And don’t worry, many of these blog monetization strategies can be even employed by newbie bloggers.
So, keep reading…
Affiliate Marketing – The Best Way To Monetize A Blog.
Affiliate Marketing is the best way to start monetizing your blog content.
So, what is affiliate marketing?
To put it simply, you promote products or services through your blog & receive commissions when someone purchases that product or services through your affiliate link.
You might ask then why affiliate marketing?
Affiliate marketing provides a higher payout compared with display ads. You can earn as much as 10%-60% commission on the order value.
Further, It doesn’t distract your readers with advertisements and lets them focus on your content. That’s a huge deal because readers visit your site for content and not an advertisement.
Where should you sign-up for affiliate marketing?
To start affiliate marketing you need to sign-up for affiliate marketing programs.
Most brands, services, and storefronts have an affiliate program. (Take a look at their footer section)
Though to help you get started, I recommend that you start with these three affiliate programs.
Related article: How To Start An Amazon Affiliate Website (& Make Money)?
Use PrettyLinks, It is a WordPress plugin that makes your life simpler as your website grows. It allows you to auto-replace selected keywords with your affiliate link, manage and analyze your affiliate link data.
Make Money with Google Adsense
I know, I told you at the beginning to not get fixated on Google Adsense.
And that is true. Relying only on Google Adsense is a big mistake.
But, don’t ignore Google Adsense. It is one of the great passive ways to monetize a blog.
So then, how do you earn with Google Adsense?
There are two ways – CPC and CPM.
CPC is Cost Per Click, here you are paid when your visitors actually click on the advertisement.
CPM is Cost Per Miles, here you are paid when the advertisement is loaded on the visitor’s screen. It is paid per 1000 impressions.
The final payout is paid on the 5th of every month.
My recommendation is to put as few banner advertisements as possible.
Use Other Ad-Networks to increase your blog earnings.
Display Advertising payout is dependent on many factors like your niche, advertiser’s competition, time, country, and location.
To earn the most, you need to use different Ad-networks to maximize your advertising revenue.
Which other networks can you use:-
Some of the above networks can pay you as much as 1.5x to 2x the Google Adsense rates.
Related article: 10 Best Ad Networks For Bloggers : [Expert Pick]
Sell Ad Space Directly to brands
Do you know that Google takes a 30% cut from your advertising revenue?
I know that’s a lot. My solution – make direct deals with the brands.
Not only do you save on Google’s cut, but you can also negotiate a higher price with brands.
Now you might say that well and good. But, how do you strike deals with brands?
You can reach out to brands in your niche and pitch them proposals.
Alternatively, you can sign up on platforms like BuySellAds to connect with people.
Pro tip –
- Always include an Advertise Here page on the website and in the footer links. Any marketing executives scour the web looking for opportunities.
- Use Adsanity. It is an ad management tool for WordPress. Using Adsanity you can easily integrate Google Adsense, Other Ad-network, and Self-hosted Ads. While simultaneously tracking views, clicks, and more in a simple graphical format.
Accept Sponsored Blog Posts
Until now, have you been paid for writing your own blog? No.
What if I told you you can get paid while writing your own blog posts.
How? You might ask?
Accept and write sponsored blog posts.
How do you earn money?
Companies pay you for promoting their product and services through your blog post. Here, the whole blog post is limited to a specific product or service from a particular company.
The actual payout will vary depending on your own authority in the field, the number of site visitors, and your negotiations.
How to get sponsors?
You can reach out to companies in your niche and pitch them your blog idea.
Alternatively to speed things up, join blogger networks like:-
- Massive Sway
Get Paid for Writing Reviews
Do you like to test new products? You can get paid for that.
Yup, you read correctly.
Many companies promote their product and services through reviews.
How to reach out to companies?
Search for companies in your niche and convince them with your preposition. Negotiate on price. But, remember never to compromise on editorial independence.
Alternatively, register on PayPerPost that can help you connect with businesses in your niche.
Sell Physical Products Online Using WordPress
You create a storefront using WordPress and WooCommerce for selling physical products related to your niche.
If you are a fitness blogger, then you can create a storefront for the gym and fitness equipment.
Since, as a blogger, you would be receiving a sizable number of visitors.
Now, you should be able to convert a majority of them to purchase equipment from you.
Pro tip –
Constantly keep informing your readers about the storefront, by subtly promoting it through your blog content.
Sell Your Self Branded Merch – Creative Way To Monetize Your Blog
Selling your readers merchandise is one of the great ways to monetize a blog.
Not only, you earn money but your readers get products which they can use every day.
What should you sell as your merchandise?
Aim for everyday products like notebooks, pens, cups, water bottles, and t-shirts.
How to design and sell merchandise?
First, you need to make designs for your products like logos, color scheme, text, and fonts. Your product design should be attractive which should make your readers wanna purchase them.
Now, I know most of us aren’t designers and the cost of a professional design studio would be exorbitant. That is why I recommend you hire a freelance designer on Fiverr.
Second, You need to manufacture and handle logistics.
I know that’s a lot of work.
Therefore, to simplify your work use Printify. They handle everything from manufacturing, inventory, and shipping for you. You just need to give them designs.
And now you are ready to start selling your merchandise to monetize your blog quickly.
Sell Ebooks to Your Audience
Do you like writing long-form content?
Here is good news for you.
You can repurpose that old content, add new information, then combine it with related content to create an ebook.
Today, readers want to learn and research a topic in-depth. Reading blog by blog isn’t the most preferred way.
Therefore, create an information-packed ebook and then price it at a nominal rate to earn the most.
Also, don’t forget to create an eye-catching cover for your ebook using Canva.
It is an all-in-one tool that lets you create and manage a storefront for digital products in a few simple clicks. Moreover, it features advanced analytical tools which provide you information about your store’s progress.
Sell Online Courses
Selling online courses can help build a solid income source.
People are willing to pay a higher price for a comprehensive video course on a topic (even higher than ebooks.)
You should seize this opportunity to monetize your blog content.
Create a video course using already available long-form content available with you.
Then to sell, just publish your video course on Teachable.
Teachable is a hosting platform that manages video hosting, payment, and billing for you at a nominal cost.
Just sign-up and upload your content. Then direct your visitors from your blog to video content for maximizing your earnings.
Start a Consulting
Are you really good at what you do? (I hope so)
If you are then, you can start a consultancy business through your blog.
You can help individuals, freelancers, and established businesses in your niche for free.
How to get started?
Use your blog as a lead magnet. Attract people in your niche.
Convince them about your authority, knowledge, and experience through your writing.
Finally, ask them to sign-up for a consultation session.
Use Convertkit to create and set up email collection forms that have a high conversion rate using templates.
Convertkit allows me to send an email with an eye-popping design due to pre-made templates.
That is why I have a higher email open rate and a click-through rate.
Related article: Why I Choose Convertkit Over Mailchimp When I Was Earning $0?
Make sure to customize your email form according to your liking using a built-in editor.
Then, just place email collection forms strategically to maximize sign-ups for your email subscriptions.
Related article: How To Build An Email List Fast: 5 Powerful Ways To Get Subscribers
Do you run a lifestyle blog? Do your readers often leave their problems in the comments?
Want to know how you can help them?
You can offer them one-on-one virtual coaching sessions to motivate them, guide them and solve their problems.
For setting up payment for your virtual session, you can use MemberPress.
And you are done.
Now just provide them top-notch coaching and you will have a boatload of cash in no time.
Create A Paid FB Group – A unique way to monetize a blog
Do you love to help readers with their problems?
Yes? That is great.
You can help readers and monetize your blog at the same time.
How is that?
You can create your own FB group limited to your paid members, where you engage them with exclusive tips, tricks, and solutions.
You can charge either a one-time fee or a recurring subscription fee for joining the FB group.
And you are done.
This is one of the newest ways to monetize a blog, so surely incorporate it.
Launch a Virtual Summit in Your Niche
You might be initially reluctant to think “Ha… here is the idea of another webinar”
I get it some people just host webinars with no solid goal in hindsight.
But still, you couldn’t be more wrong.
If you regularly host webinars that are informative and inspiring, you are sure to get a huge membership.
You can host them for free or as a paid event.
Either way you can monetize them with sponsors.
- You can trim and edit this informative webinar and then bundle it as a course.
- You can stream your webinar with your audience using Teachable. Teachable can integrate with most streaming platforms in the market like Youtube and Twitch.
Offer a Paid Membership Plan
This is one of the best ways to monetize a blog. Sell membership to your blog.
By creating an uber-exclusive membership plan for your readers by integrating all your resources like ebooks, video content, webinar access, and FB group access into one bundle.
Then, sell the membership plan as a monthly or yearly recurring subscription plan.
Make sure that you keep these features exclusive only.
To make sure that your website is properly set up, use MemberPress plugin.
MemberPress helps you to create, manage and track membership subscriptions and sell digital download products.
Furthermore, MemberPress will allow you to manage your subscribers by granting and revoking their access to posts, pages, videos, feeds, communities, digital files, and more based on what memberships they belong to.
And all that with zero coding knowledge.
Accept Donations on Your Blog
Do you write about social causes? Do you help people solve their scientific queries?
Then, you can ask your audience to support you through donations.
The easiest way to start accepting donations is to create a Buy Me A Coffee account.
Through your Buy Me A Coffee start page, users can donate to you in multiples of 5$.
It’s that simple.
Start a Podcast
Podcasts are the next big thing in the media consumption industry. There is a podcast on every topic from movies to sport and science to business.
Reading requires time, which many users might not have. Podcasts help readers to catch up with the latest topics while multitasking.
Therefore, don’t miss out on this bandwagon.
How to start podcasts?
With some minor tweaks, you can convert your existing blogs into podcast scripts.
Then, you just require a voiceover. For that, you can hire a voice-over artist from Fiverr.
Now, just convince sponsors to join in.
And congrats! You now have a new way of monetizing your blog content.
Pro tip –
- You can use subscriptions to provide access to your podcast on Apple Podcasts.
Create a resource page
Readers love to know which tools you use regularly for blogging.
And that is great. Your readers like you.
But you cannot include each and every tool when you write a blog.
Therefore, create a “Blogging tools” page to showcase readers your tools.
Tip – Make sure to include your affiliate link on this page to maximize your earnings.
Create A Job Board
You can create a job board for monetizing your blog content.
How can you make money with a job board?
Suppose, you write on photography and videography. And by extension, most of your readers would be in the same niche.
You can use this to your advantage by asking companies to promote open job positions in their company for a fee.
This way, companies get talented individuals for job positions and you get to make money.
Generate ‘Leads’ for Other Companies
You can monetize your blog by introducing companies in your niche to your website visitors.
Suppose you have a fitness website. Most visitors and readers will be interested in fitness products and supplements.
You can provide their details to companies in the fitness niche for a fee per every lead.
Just make sure that you take consent from your visitors before sharing their information. And give your readers an opt-out from sharing when they request it.
Start Freelancing to Earn Money
Do you write blogs for passion? That’s good, but you can still use this opportunity to make money or help yourself professionally.
You can use your blog as a “lead magnet” and attract business in your niche.
Then, you can offer them your writing service in exchange for a fee.
Pro tip –
Don’t forget to include a “Hire Me” page on your website. Also, include a footer link for the “Hire Me” page for maximum visibility.
I believe that these 21 best ways to monetize a blog will be helpful in your blogging journey.
I provided you with every monetization strategy out there from display advertising, to selling products, to creative strategies like FB groups and more.
Use these monetization ideas for your new blog with great content to make money quickly.
And feel free to comment your ideas, and if you find this article helpful share with family and friends.
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