When you have a good number of blog posts and readers, it’s time to monetize your blog. Keep in mind that, first and foremost, your blog should be about sharing your ideas and providing value to your audience, not just making some extra money.
Here are 5 ways to start monetizing your blog.
1. Sell your own products or services
One of the fastest ways to monetize your blog is to sell your own products or services. If your readers know that you offer advice on your blog, they will be willing to buy more information from you because you are offering a solution to their problems or desires.
You can produce information products such as e-books, reports, tutorial videos, etc. Your readers can download them instantly after purchase. The great thing about information products is that they are produced once and can be sold over and over again.
2. Sell affiliate products
As an affiliate, you sell products or services that have been created by other people. These can be digital information products or physical products that are delivered to the customer’s doorstep.
An affiliate earns a percentage of the sales of every product someone purchases through their special affiliate link. It’s one of the easiest ways to monetize your blog because you don’t have to worry about payment systems, product delivery, or customer inquiries, as the product owner takes care of all of that.
3. Google AdSense
There are a variety of ad networks that you can become a member of to monetize your blog. Google AdSense is one of the most popular networks. By placing the ads on your blog, you can tempt visitors to click on them. Then each click earns you a share of the profit Google makes. Although a couple of clicks won’t get you much, high traffic flow and clicks can really add up to a substantial amount.
4. Sell advertising space
Some popular blogs sell ad space on their blogs. Advertisers want to place one of their banners on popular blogs that reach their target audience. You get paid based on the traffic figures you bring to your blog and the main space available on your blog.
5. Product reviews
You can perform both paid product reviews and unpaid affiliate product reviews. It is important to be very honest in all reviews, paid or not. Ask your readers for testimonials and try to get positive reviews on sites like FourSquare and Yelp. This will help build your reputation as an expert in your niche and encourage more people to ask you for reviews.