Imagine spending a few minutes a day sharing your thoughts on a blog… and then the money pouring into your PayPal account…
Dream over. Wake up!
Sorry but that’s just not the way blogging works. It takes EFFORT and TIME to make money with a blog. If you’re looking for a “get rich quick”
opportunity scheme, or a “make money while you’re sleeping–tomorrow!” type thing, then blogging isn’t for you.
But if you’re looking for a way to build an income or a business and are willing to put your energy into creating something awesome, then blogging can be one of the tools you use to make that reality.
The bloggers I know who are making money at this are some of the busiest, and most dedicated, focused, goal-oriented people I know. We wouldn’t invest the time in blogging if it wasn’t paying off.
Now that we’ve made sure you aren’t in dreamland, and you and I are on the same page, here are 5 simple ways that you can monetize your blog. Some depend more than others on the traffic and audience you’ve built, so be aware of that and consciously focus on building your blog every day.
1. Your Services
One of the simplest ways to begin making money from your blog is to offer a related service. After all, if you weren’t an expert, or at least somewhat knowledgeable on the topic you’re writing about you wouldn’t be writing about it, right?
So what service can you offer your readers? Think about how you can be of more help to them and what help they’d be willing to pay for.
2. Your Own Products
Creating a webinar training, ebook, or other instantly downloadable resource as a virtual product is a great way to share some of your knowledge with your readers and make some money.
3. Affiliate Promotions
Another option is to promote things as an affiliate. This means you share a product or service with your reader using a coded referral link and when someone purchases after clicking your link, you’ll get a % of the sale.
There are programs through big sites like Amazon where you make a very small percentage, as well as affiliate programs with smaller companies and entrepreneurs where you can earn as much as 50% for referrals.
Here are some strategies for promoting affiliate products:
- Write a review post
- Create a resource list blog post or page
- Write and giveaway a free report you can include a link in
- Ad a link or add to your sidebar
- Do a webinar or teleseminar (you promote on your blog and social media to get people there, the presenter gets to make an offer after they deliver valuable info and then you get a cut of any sales)
The best way to decide who or what to promote is to look at what you’re already using that you love and what your readers already know they want or need. For example, you frequently see me promote things like WordPress themes, blog plugins, and programs for entrepreneurs because they’re a good fit for this blog.
For a detailed look at how I’ve promoted affiliate offers to win contests, check out this post: How I Won the CommentLuv Affiliate Contest
This one requires an engaged community or more traffic for it to work well.
You can sell advertising spots on your blog. Ads in your side bar, header, footer, etc.
There are two major options for selling ads:
- You can join a large network like BuySellAds, AdEngage, CrankyAds, or here’s a list of blog ad networks.
- You can create a page on your website offer ads and accepting payment, then find your own advertisers and add them to your website. Check out a plugin like WP125 to help you manage this option.
5. Sponsored Posts
Many businesses are looking for bloggers to help get the word out about their products and services. One strategy they use is to sponsor posts by paying a blogger to write about a specific topic, then link to their business.
Reputable companies may ask to review your post and ask for minor changes before it goes live but they won’t pressure you to say anything specific about them–in other words, if you’re approached by someone who requires you write a glowing review of a company or product you’ve never seen, RUN (or hit that “Delete” key).
Want more nitty-gritty about how to put these ideas into action? Join me and 100+ bloggers by grabbing your “Behind the Scenes” All-Access Pass as I launch a brand new blog and let you see every step of the journey.