When you were just starting out with blogging, you probably have not considered earning money from it. For a lot of people, blogging is just a fulfilling hobby where you get to express your passion about something or to share a specific knowledge you are an expert of. And while these are great, another great way to earn money is through blogging. In fact, a lot of people out there consider blogging as a full-time career or a side hustle. Whatever the situation may be, monetizing your site is possible.
But make no mistake: the process is not the same way for everyone. While one way is effective to one blogger, it may not be as effective to another one. You may not quickly earn from it, but if you do it correctly, it is definitely not impossible to make money from your blog. In time, it is even enough to support you and your family.
Here are ten effective ways to earn money from your blog.
1. CPC or CPM Ads
It is one of the most prevalent approaches of monetizing a blog. CPC and CPM ads are two of the most popular types of ads out there. CPC or cost-per-click ads are usually banners that you place in your sidebar, header, or content. Every time a reader clicks on that ad, you get paid for that click. But CPM advertising, which stand for “cost per thousand impressions,” let you cash in on your ad’s visibility by charging you a flat rate regardless of how many times it’s seen.
One of the most popular networks that have these type of ads is Google Adsense. With this, you do not need to be in direct contact with the advertisers. By simply placing a banner on your site, relevant ads to your content is chosen by Google to appear on your site.
2. Affiliate Marketing
One of the ways to passively earn an income through your blog is through affiliate marketing. With this, an advertiser agrees to give you a commission every time a buyer buys their product which you have posted on your website. The advertiser will provide you with a special link that doubles as a tracking code, allowing them to know whether a customer followed your recommendation and made a purchase. You can do this directly through the use of banner ads or you can also incorporate this unique link through your blog post. When that buyer purchases something using your link, you get a percentage of the item he or she just purchased.
3. Sponsored Posts
The first two ways above works great if you have enough traffic to your site. You will still earn money even if you have less traffic, but it is most effective if your website is already gaining a lot of traction. But fret not. Another way to actually earn money from blogging is through sponsored posts. With this, a business or brand will agree to give you a payment in exchange for writing or creating a content on your site about them. For example, if you blog about recipes and such, a specific brand that sells a particular food or ingredient wants you to create a content about this product and in return, you get paid. This works perfectly well, especially if your blog is relevant to the brand or business.
4. Digital Products
If you don’t like to advertise other people’s products on your website, you can still earn money from blogging through selling digital products. This could include online courses, workshops, eBooks, photos, videos, themes, apps, plugins, music, and even more! In order to effectively earn from this though, you have to make sure that what you are selling digitally are relevant and useful to your audience. Know what your audience needs first and from that, create a digital product that you can be sure they will use.
Selling memberships exclusive to specific parts on your website is also another great way to earn money from blogging. For example, if you have a content that you think contains valuable information about a specific topic, you can charge an amount for it to users so they can gain access to it. Make sure that what you are offering has more value than other content that is offered for free elsewhere. One example of a blogger that sells memberships is Mark Manson.
6. Graphic design or Writing services
You don’t necessarily earn money through your blog posts. You can also earn money by selling your services. You can do so by posting an information about your services on the blog. For example, if you are a graphic designer, you can earn money by offering your services through your blog. If you offer writing services, you can also put it on your blog. It is a good way to build your reputation and definitely a great way to earn extra cash.
7. Consulting services
Once you have built a name in the niche or industry you are in, people are going to be interested in how you got into it. Your readers will want to do the same and know exactly the steps you have taken. For this reason, you can be a consultant for your specific niche. You can do this by talking to them via phone, email, or Skype and charge them per hour.
8. Sponsored social media content
Today, having a social media account has become a supplementary platform for your blog. Businesses today love to work with influencers who can give them an airtime on your social media platforms like Facebook, Instagram, and Twitter. It’s easy to do and you can charge it depending on the size of your reach.
Another good way to earn money from your blog is to sell a merchandise. This could be handmade goods, t-shirts, and other items that are relevant to your blog. Just add a plugin like Woocommerce on your blog and you can easily get extra cash from your blog.
10. Product reviews
A lot of businesses today gives their products to bloggers so they can review it for a fee. A lot of tech bloggers today earn from this when tech businesses ask them to review gadgets and other items. Just make sure that you clarify that you cannot guarantee a positive review and that you can give their money back if you can’t give them a good review.