Having a blog is an effective way to share information on your business, position yourself as a trusted expert and develop stronger connections with your customers. At the same time, it’s nice when you can make some money off your blog, too. Even if it’s not a lot, you can earn enough to pay for your domain and hosting.
Here are five proven ways to monetize your blog and make money online.
1. Affiliate Marketing
Affiliate marketing is one of the fastest ways to generate money off your blog. Start by finding a product you like and would recommend to your own friends and family. On your website, endorse the product and promote it to your visitors. If the product is useful for your audience, they’ll click on your affiliate link and purchase the product. In turn, you get a portion of the sale.
2. Google AdSense
Google AdSense allows you to tap into Google’s advertising network so that advertisers can run ads on your website. When you sign up for AdSense, Google will place a simple code on your website to categorize your content. They can then show advertisements targeted to your site content and audience. When people click on the ad, you get money.
3. Sell Ad Space
You can also sell ad space for a flat fee to companies that are interested in sponsoring different blogs. You set the price and get paid monthly depending on how many visitors you get. We usually recommend this method if you have a good blog with lots of traffic. Otherwise, you probably won’t earn that much.
4. Sell a Digital Product
Do you have a digital product you can sell? If so, this is a great way to generate extra income. There’s no middleman, which means there’s no one to take a cut of the money. You can sell your own products (ebooks, how-to guides) and get paid immediately.
While there are plenty of benefits to selling your own digital products, there are some things to consider. First, creating good products that are worthy paying for requires time and money. Second, you must account for payment gateways, shipping and taxes. Third, you’ll need a convincing landing page to encourage conversions.
If you can work out these details, selling a digital product might be a great option.
5. Accept Donations
If you have a strong community but not a lot of monthly visits, you can always ask for donations. While this won’t result in a lot of money, it can help you cover the costs of running your site. For example, PayPal offers donation buttons that can be easily added to your site.
As you can see, there are many ways to generate money off your blog. This isn’t tacky, as long as you present things well. To find out what it would entail to monetize your blog, contact Magna Technology. We can work with you to download links and buttons that encourage conversions and sales.