Want to join the ever-increasing number of successful bloggers? Looking to turn your skills into a healthy side income? Perhaps you’ve recently discovered the earning potential of blog sites and their now-rich owners (HAHAHA, I wish) who are currently living the life – being self-employed, travelling the world, waking up when they want to and not because they need to, etc.
If you’re ready to build a foundation to becoming gainfully self-employed, here are the ways to make money blogging.
Advertising and sponsorships
This type is the most obvious and utilised path for making money from blogging. You may already be familiar with this because you may have seen or used it in your time. With this, you need to sell advertising space to interested parties, providing them with small sections of your blog where they can promote their businesses to your readers. You can always pursue a sponsorship, which is a form of direct advertisement. This is a limitless option.
Consider using contextual based ads from Google, named Google AdSense.
Affiliate offers, marketing and cost per acquisition sales
This method is a subtle way of advertising a particular product and earning money from any sales that originate from your blog site. The concept is simple, you work with an outside partner like Amazon, or any e-commerce platform, and select a product or a handful of products and even services to promote on your blog.
You will be given custom links to the product page, which you can add on your blog. When a visitor clicks it and bought the product, you earn a percentage.
Premium content (downloads and digital products)
This one allows you to create downloadable assets or digital products to make money on your blog. Rather than relying on someone else to pay you to promote their products and services, you’ll create your own. This will depend on what your blog is about – be it a photography, arts and crafts, cooking, for example, you could sell downloadable instructions for a cost.
Consulting and coaching
This model forces you to be hands-on to generate money from your blog site as it draws power on your reputation. As you become an expert in your niche, people naturally respect and admire your expertise, and some will be willing to be coached or get a consultation for a price. This is one way some blogging experts monetises their blog sites.
Donations and recurring pledges
Your readers enjoy your content for free already, so why wouldn’t they contribute a donation in exchange. It’s the main idea behind this. A lot of websites like Wikipedia utilise donations as a model to gain revenue. They genuinely exist for the greater good but also require money to keep things going, so asking for voluntary donations is the best chance they can thrive.
Building your own blog site from scratch
Of course, creating a successful blog site takes more than a simple click – or maybe it does?
By using a website builder to seamlessly create your first blogsite, you can quickly get started on building your content and monetising your blogsite.
Always focus on the goal to provide helpful tips, and actionable steps to achieving your goal, and bank on transformational experiences with everything you post online, and you’ll have no trouble creating an audience if you can market yourself via the right channels.
Prepare for a long haul because it can take months or even years to create a good number of audience, but after accomplishing this, you’ll have almost limitless possibilities for monetising your blog site. Best of luck!