Blog monetization is a wonderful way to make money online. It does take time to start earning with your blog but if you keep with it, you can make a nice amount of money monthly with it.
You must have seen or heard about people who make a lot of money from blogs.
- Michelle Schroeder-Gardner from MakingSenseofCents earns $100,000+/mo from her blog.
- Gillian Perkins from GillianPerkins.com earns $22,000/mo from her blog.
- Diana Ajih from HotBeautyHealth earns $9,797/mo from her blog.
Want to start a blog but don’t know where to begin? Check out step by step instruction on how to buy a cheap domain and hosting for your WordPress blog.
Now that you have your blog set up and traffic is coming your way, you’re ready to start monetizing your blog. If you’re wondering how you can do that, below you will find some helpful networks.
Types of Blog Monetization
1. Affiliate Marketing
As an affiliate marketer, you promote someone else’s product or service to your readers. You link to that product or service using your unique affiliate link. When, someone clicks through that link and makes a purchase (or completes a desired action set by the company), you earn a commission. There are thousands of affiliate programs to join. These companies will work great for just about any type of blog you can think of:
- Google Adsense
- Ultimate Bundles – They have bundles throughout the year for just about every topic you can think of, including work from home, blogging, homemaking, essential oils, and so many more. You’ll earn 40 percent commission on sales (70 percent if you’re a contributor for one of the bundles).
- Amazon Associates – Get paid for promoting Amazon products.
- ShareASale.com – Different advertisers listed across multiple categories.
- MaxBounty – Affiliate network with many advertisers and weekly pay.
- Panthera Network – Lots of offers for surveys, get paid to sites as well as many other things. They pay with a $50 minimum via check or Paypal.
Affiliate marketing is one of my favorite and most profitable income streams. You can highlight products or services you use and love without having to do the work of creating or maintaining that product yourself.
2. Digital Products
Many bloggers create and sell their own digital products. Digital products are great because they don’t require inventory and can be distributed to quickly and easily. There’s no overhead and low risk.
- Udemy – Create a course related to your blog’s niche and sell it to your blog followers
- SendOwl – Sell subscriptions, digital downloads, memberships
- Gumroad – Write an eBook
3. Physical Products
Some bloggers sell physical products. Some examples:
- Books – Many bloggers have become traditionally published authors due to their blogs.
- Handmade Products – Are you a maker?
- Manufactured Products – Many bloggers find a manufacturer to make their idea a reality.
- In-person conferences, classes or special events – The exchange of something tangible (money) for a ticket to an in-person experience.
A surge of bloggers have started selling physical products the last few years. It can be profitable, but can get complicated with manufacturing, keeping inventory, shipping, returns, etc.
I hope this gives you some ideas about blog monetization. Good luck!