4 Most Popular Ways to Monetize Your Blog
4 Most Popular Ways to Monetize Your Blog
by: Arlene Gentallan
Once you establish your readership, in which case people are actually visiting your blog posts, you can take advantage of this traffic by choosing a variety of ways to earn a living. Here are the most popular ways to earn money with your blog:
1. Advertising Networks
Basically, it works like this: You'll first ask for the approval of the advertising network to show ads on your blog in most cases. They review your blog and once they agree, they'll send you a code you can insert anywhere on your blog. This code will enable you to show advertisements.
The most popular way to earn money with this kind of advertisement is through pay per click programs (PPC). As it implies, you get paid once your audience click on the advertisement.
You can also earn from every thousand impression (CPM) that's for every one thousand visitor.
While the amount you'll get from each click or thousand impression may be insignificant. The trick is to accumulate those earnings which means to say that you'll need high amount of traffic / visitor to earn a good cash from your blog.
2. Affiliate Programs
Like Advertising Networks, you'll most likely seek approval to promote a specific firm. Take note that there is no middle man, you are going directly to the firm that's wanting to promote it's own product or service.
You'll get paid a portion of a successful sale. That is, the ads shown on your blog is geared to direct audience from your blog to the affiliate's site. Once they avail a service or purchase a product, you'll have a set percentage of the income.
Note: It's better to chose an affiliate program that's related to your blog's topic. Chose one you are confident to recommend to your audience.
3. Sell Advertising Space
You can open advertising spaces on your blog for lease to firms wanting to advertise on your site if you have trouble finding them. You can seek the help of a middle man to find advertisers for your site at a fraction of the agreed price.
The amount of traffic coming to your blog is significant because advertisers will only agree to show ads on your site if you at least meet the minimum amount of visitors they require.
You can change your advertiser a fixed amount for an ad space or as per thousand impression (CPM).
4. Sell Your Own Products and Services
Instead of using your blog to recommend other people's stuff, why not build your own and promote it. Use your blog as a platform to showcase your own brand.
a. Tangible products.
Recommend a your product your audience can get in the real world. You do have to consider shipping costs and locations especially if you'll cater overseas delivery.
b. Virtual products.
The most popular are Ebooks, audios, and videos. Create something your audience will find useful and helpful. Consolidate your knowledge into a vitual read. Make a tutorial/ guide book people can download from your site for a fee.
c. Consulting services.
Use your skills to do one-on-one coaching. Get paid to give your clients advise and help them solve their problems. Use your blog to promote yourself and earn income out of your knowledge and years of experience.
d. Freelancing services.
Accomplish a specific task for your client. Offer them your skills at a price. Examples are web designs, blog content creation, etc.
by: Arlene Gentallan
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| 4 Most Popular Ways to Monetize Your Blog |
Once you establish your readership, in which case people are actually visiting your blog posts, you can take advantage of this traffic by choosing a variety of ways to earn a living. Here are the most popular ways to earn money with your blog:
1. Advertising Networks
Basically, it works like this: You'll first ask for the approval of the advertising network to show ads on your blog in most cases. They review your blog and once they agree, they'll send you a code you can insert anywhere on your blog. This code will enable you to show advertisements.
The most popular way to earn money with this kind of advertisement is through pay per click programs (PPC). As it implies, you get paid once your audience click on the advertisement.
You can also earn from every thousand impression (CPM) that's for every one thousand visitor.
While the amount you'll get from each click or thousand impression may be insignificant. The trick is to accumulate those earnings which means to say that you'll need high amount of traffic / visitor to earn a good cash from your blog.
2. Affiliate Programs
Like Advertising Networks, you'll most likely seek approval to promote a specific firm. Take note that there is no middle man, you are going directly to the firm that's wanting to promote it's own product or service.
You'll get paid a portion of a successful sale. That is, the ads shown on your blog is geared to direct audience from your blog to the affiliate's site. Once they avail a service or purchase a product, you'll have a set percentage of the income.
Note: It's better to chose an affiliate program that's related to your blog's topic. Chose one you are confident to recommend to your audience.
3. Sell Advertising Space
You can open advertising spaces on your blog for lease to firms wanting to advertise on your site if you have trouble finding them. You can seek the help of a middle man to find advertisers for your site at a fraction of the agreed price.
The amount of traffic coming to your blog is significant because advertisers will only agree to show ads on your site if you at least meet the minimum amount of visitors they require.
You can change your advertiser a fixed amount for an ad space or as per thousand impression (CPM).
4. Sell Your Own Products and Services
Instead of using your blog to recommend other people's stuff, why not build your own and promote it. Use your blog as a platform to showcase your own brand.
a. Tangible products.
Recommend a your product your audience can get in the real world. You do have to consider shipping costs and locations especially if you'll cater overseas delivery.
b. Virtual products.
The most popular are Ebooks, audios, and videos. Create something your audience will find useful and helpful. Consolidate your knowledge into a vitual read. Make a tutorial/ guide book people can download from your site for a fee.
c. Consulting services.
Use your skills to do one-on-one coaching. Get paid to give your clients advise and help them solve their problems. Use your blog to promote yourself and earn income out of your knowledge and years of experience.
d. Freelancing services.
Accomplish a specific task for your client. Offer them your skills at a price. Examples are web designs, blog content creation, etc.
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