When you have a good amount of blog posts and readers it’s time to monetize your blog. Do keep in mind that, first and foremost, your blog should be about sharing your ideas and providing value to your audience, not just about making you some extra money.
Here are 5 ways to start monetizing your blog.
1. Sell Your Own Products or Services
One of the quickest ways to monetize your blog is to sell your own products or services. If your readers know that you deliver useful advice in your blog, they’ll be ready to buy more information from you because you’re offering a solution to their problem or desires.
You can produce information products like eBooks, reports, tutorial videos, etc. Your readers can download these instantly after purchase. The great thing about information products is that you produce them once, and they can be sold again and again.
2. Sell Affiliate Products
As an affiliate you sell products or services that have been created by other people. These can be digital information products or physical products that are delivered to the customers door.
An affiliate earns a percentage of sales off each product that someone buys through their special affiliate link. It’s one of the easiest ways to monetize your blog because you don’t have to worry about payment systems, product delivery or customer queries as the product owner takes care of all of that.
3. Google AdSense
There are a variety of advertising networks that you can become a member of to monetizing your blog. Google AdSense is one of the most popular networks. By placing the ads on your blog, you can tempt visitors to click on them. Then each click earns you a share of the profits Google makes. Although a couple of clicks won’t earn you much, a high flow of traffic and clicks can really add up to a substantial amount.
4. Sell Advertising Space
Some popular blogs sell advertisement space on their blogs. Advertisers want to place one of their banners on popular blogs that reach their target audience. You get paid based on the traffic numbers you bring in to your blog and the prime space available on your blog.
5. Product Reviews
You can do both paid product reviews as well as unpaid reviews of affiliate products. It’s important to be very honest in all reviews, paid or not.Ask your readers for testimonials and aim to get positive reviews on sites like FourSquare and Yelp. This will help to develop your reputation as an expert in your niche and will encourage more people to ask you for reviews.