The Top 10 Ways to Make Money from Your Blog
If you’re thinking of setting up a blog and making some money from it, you’ve probably been told that making money blogging is practically dead. However, this isn’t true at all – there are still some awesome ways in which you can make a decent income from your blog if you do it right. We’ve put together ten of the best ways to start making money from your blog today.
1. Monthly Advertisements
One of the main ways in which bloggers make money is by selling advertising space on their sites. There is a good reason why you see 125×125 sidebar ads almost everywhere – they work well, which is why loads of people use them. The beauty of this type of making money from your blog is that there are a number of agencies who will sell your advertising space for you, leaving you to sit back and watch the money come in.
2. Pay Per Click Advertising
Pay Per Click (PPC) advertising is the next most popular way to make money from your blog, and is usually run through Google AdSense. AdSense allows you to type a code into your website admin and Google will pick the best ads to display on your site. Each time a user clicks on one of these ads, you’ll get paid – simple! You can also get PPC ads easily from companies such as Click Booth.
3. Digital Downloads
Using your blog to sell eBooks or other digital download products such as WordPress themes, textures or even stock photos is a great and more passive way to earn money from your blog, as once you’ve set the download link up, there isn’t much need to touch it again. Choose the content based on what your users are interested in – for example, if you run a blog about cooking, why not compile all of your best recipes or special recipes not available on your blog into an eBook.
4. Affiliate Marketing
Affiliate promotions is a way of making money by promoting products on your blog without the need to make or buy the products yourself first. Becoming an affiliate for somebody else means that you are paid a cut of the earnings each time your blog generates traffic and sales for them.
Another good way to make money from your blog is to push out tons of fantastic content and simply ask for donations in return. If you have a large base of dedicated followers who love to read your work, this method is likely to work well. However, it’s not recommended for those just starting out blogging, so you might want to try some of the other methods first until you’re more established.
6. Membership Packages
When you run a blog, it’s possible to set up a membership only area, where subscribers have access to special content and services unavailable to anybody viewing your blog on a free basis. This could be an area within your site, or you could set up an email newsletter for members to receive. Either way, if your content is good enough, dedicated followers are likely to pay to view more of it.
7. Selling Your Services and Products
Another effective way of making money from your blog is to sell your services or products. For example, if you blog about arts and crafts, why not set up an online store where users can buy the products that you have made. This is also a good way of making money for freelancers who run blogs, whichever service you offer.
8. Product Reviews
If you are willing to post product reviews on your blog, many manufacturers will be willing to pay you – providing that the review is positive. You could either include a few paid product reviews with your regular content, or consider setting up a blog which focuses mainly on them.
9. CPM Advertising
If you’re starting out building a blog and are relying on lower quality traffic sources, CPM advertising is a great solution. CPM advertising is similar to PPC – however you receive a payout for every 1,000 ad views that you generate rather than clicks.
10. Coaching and Consulting
If you blog about something that you’re really good at and are an authority on the topic, why not make some money by selling your time for coaching and consulting? Rather than giving away free advice on a regular basis, turn your blog into a source of income by offering viewers the opportunity to learn more from you via email or even over the phone.
Which method or methods do you use to generate money from your blog? We’d love to hear from you in the comments.