There are various ways one can follow to monetize a blog. Check out different online revenue models and popular strategies to make money with a blog.
If you have interesting blog content or site, or even if you have thoughts about starting one – it’s always a fresh start to think about making money from the same. There are different ways one can use to monetize a blog. Dig in to know different online revenue models and popular strategies one can follow for digital content monetization.
Let’s get started from the very basics! How to sell products in blog posts to earn money? And, what about monetization? Simply put, monetization means earning money using your website, and when you earn effective profits from the online content using your blog, it is known as monetization.
To begin with, making money online, there are different online business models you can consider –
- Affiliate Marketing
- Physical or digital goods offering
Ads monetization: Offer advertisements on blogs to make money online
As a blog publisher, the advertisement can provide you with great profits for your online content. Advertisers who are willing to pay if your content is gaining relevant audiences. In the same way, a newspaper with wider circulation can charge advertisers more; if your site is popular and gaining enough traffic, it becomes easier to earn from your content.
You can even offer advertising space on your site directly to the businesses that want to appear along with your content. It is known as a direct deal. You can even use that ad network, including Google Adsense, to sell the space for ads on your own behalf.
AdSense works by serving effective ads relevant to the content on your blog page. For example, in case your blog is about how to have fun with solo traveling, and you uploaded a post about your trip experience, AdSense can show an ad about clothing, packed snacks, travel insurance, and something similar. As a site owner, you get paid with AdSense for the increased number of views or interactions with an ad.
With the motive to earn money online, content can be much more effective and even serve as a great readership of your blog. Many advertisers will pay a premium price for your ad space.
Affiliate Marketing: Earn Income through Product Recommendations
Affiliate marketing is when you add a link in your content to a product or service or sell on different sites. Simply put, when someone clicks the link on your site, they go to the affiliate’s site and then proceed to buy the product you have linked. When those users buy products, you earn a commission.
If your blogs are getting relevant traffic that is interested in the product recommendation, it can be an effective revenue model. Usually, the content that is informational, how-to, and linked with the lifestyle offers many opportunities for promoting affiliate products. To maintain the audience’s trust, always aim to be transparent about your connections with the affiliates.
Sell Products on your Blog
With the purpose of monetizing their blogs, most bloggers consider establishing their online presence, setting up an online store, and selling products. Your products can be physical or digital, so whether your products are physical or virtual, you need to set up a system for accepting payments. You need to keep stock, organize shipping, and handle different taxes and duties when selling physical products. Digital goods can be less challenging because it is easier to deliver them electronically.
Monetize your blog with training
If your blog provides training services, you can earn money by charging for the online courses or coaching packages. When creating self-guided teaching materials, including videos or downloadable ebooks, you need to allow your audiences to get started at their own pace.
With the progress through your course, you can think about their interest, and depending on the same, consider the topics to cover. Developing an online curriculum need significant time and resources upfront, so you need to keep audiences engaged in making it much more viable. Whether you provide online courses or on-demand coaching, you must include different opportunities to communicate with your students through email.
Always remember you have different options for making money online from your blog, so think about the right option of selling on your blog. You can even follow one monetization strategy you are interested in or blend it with the different revenue options to discover what best works for your business.