I’ve been making money online for the past couple of years, and so I’m probably somewhat of a pro when it comes to creating virtual income streams. Don’t get me wrong, I’m not trying to blow my own trumpet here, but I do feel I may have some knowledge others would find to be of use. So, if you’ve like to find out about some of the most lucrative ways of turning your online audience into cold hard cash, read on…
Top Ways to Monetize your Blog
1. Become An Affiliate
Though the heyday of easy affiliate marketing is way behind us now, it’s still more than possible to make a few hundred pounds each month from some carefully placed product links on either your website or blog. All you need to do is register with a company that provides this service and select the items you believe your audience will be more inclined to purchase. You’ll only earn a small commission from this, but if you’ve got enough traffic on your site each day, that amount could add up to be a pretty penny. Also, through the use of affiliate networks and their PPC advertising schemes you can earn even more.
2. Allow Guest Posts
There are lots of marketing agencies out there nowadays who represent website and business owners whilst trying to get them more attention through advertising and methods like creative content marketing. This is where you can cash in. Companies who deal with creative content for the agencies are always on the lookout for blog owners who are willing to allow guest posts (for a free of course) promoting whichever product or website they’re working on. You won’t make millions from this, but it all adds up.
3. Accept Advertising
With services like Google AdSense becoming more and more user friendly, it might be a good idea to accept banner ads on your website or blog. Presuming you have over 5,000 visitors each day, the amount you earn could be rather encouraging. Even if you have fewer visitors, it’s still worth giving Adsense or one of her competitors a try because many companies are now using this means of advertising. So, the providers are able to target ads to your specific audience, meaning they shouldn’t really look out of place on your web pages. Alternatively, perhaps you might consider accepting ads from private individuals looking to promote things like books, or even their own website.
4. Sell Products or Services
Presuming you get a lot of visitors to your blog on a daily basis, and it’s really starting to take off, it could be worth looking into the possibility of being able to sell a few related products that your audience would be interested in. So, if you run a food blog, perhaps it could be wise to purchase some cool and funky cooking utensils in bulk and then sell them on to any interested parties. Likewise, if you’re running a blog about scuba diving it might be a good idea to sell snazzy patches that can be sewn onto a wet suit when accessorizing.
In much the same way, you have the ability to make from from selling a service, like your writing for instance. Having a blog is a great way of showcasing your talent for the written word to the world. So, why not put a few details on there about how you’re willing to write articles for other industry related blogs? You’ll be able to charge anywhere from £5 to £50 for a single post to begin with depending on the length of it, and this extra money could really come in handy.
If you like to idea of selling products on your blog, but you really don’t fancy having to keep lots of stock at home or taking daily trips to the post office, then dropshipping could be the ideal solution. There are many companies out there who provide this service, and basically it just involves you listing their products. Any orders made will be fulfilled by the supplier concerned, leaving you to sit back and earn a healthy commission.
You have probably seen this button called “donation” in someone’s website. It is quite simple and good way to earn money. It is quite out-dated way but many blogger still use this way to gain some revenue. Have you ever donated anywhere? It is time to try it out.
7. Membership Sites
Membership sites are a good path to get a good reward for your high quality content and a regular income. In comparison with normal blogs, any kind of membership websites require some commitment to quality content and even some level of adherence to publish that type of content. If you have a normal website, you can easily make it membership site. There are lots of WordPress plugins that help you to convert the site into any form of membership site. You just need to decide what you want to give for some fees and what you want to give for free.
So, now you know a little more about monetising your blog or website. I guess it is your turn to put these ways into practice and get money out of them. Without a shadow of doubt, it will take some time to get real outcomes, but you should stay patient and relaxed! I expect to see you rolling in it by the summer. Good luck folks!