The Expert's Guide to 15 Ways to Make Money Online With Your Blog
The more information you have in this information age, the more money you make. Running your own blog is a difficult task; if you are only using one method to make money from your blog, it is time to expand your horizons and take action. I started blogging in college, and I've been spending a lot of time lately exploring new ways to make extra money on the side.
1. Earn money with affiliate marketing.
Affiliate marketing allows bloggers to earn six figures per year. When someone purchases a product or service through your link, you are paid a commission. Every company has an affiliate marketing program, from Fiverr to Amazon, where you can buy bots to increase your Instagram engagement.
If you write about a specific topic on your blog, look for relevant affiliate marketing sites and become their affiliate; most sites pay 10% to 25% of the sales commission. Selling a $10 product with a 10% commission is only $1, but consider that 100 sales per day will earn you $100 for your affiliate link. The best part about having affiliate links is that you can use them to monetize your blog in other ways.
2. Earn money by consulting
The world is going online, and more and more service providers are using online media to attract new customers. You are free to consult anyone and charge a fee for it. It could be about weight loss, relationship advice, dating advice, or blogging.
Most consultants charge differently depending on how you communicate with them; for example, there are different fees for getting a consultation by phone versus Skype or video call.
You can use affiliate marketing to promote your consulting services as well. Increase the monetization of your blog.
3. By incorporating PPC advertisements
This is a more self-sufficient method. Google AdSense is the most well-known PPC company; I earned a few thousand dollars through Google AdSense last year. If the majority of your blog traffic comes from developing countries, you could monetize it by displaying banner and Google AdSense native ads to them.
Google AdSense is not the only PPC company; you can also monetize your traffic with Media.net.
4. Offering your own eBook for sale
Let's say you're making a lot of money through the Medium Partner program; you're the perfect person for a Medium Partner to ask about "How you make so much from Medium?" Create a brief e-book and sell it on your preferred platform.
You can use the same strategy for any niche in which you blog. I used to be a fan of a dating website, and they frequently featured images of their dating advice-related E-books in their blog sidebars. Another method for creating a brand and selling anything to your readers.
5. Email collection and monetization
Email marketing is one of the most well-known and effective methods of reaching out to your target audience. Once you have a list of people who are interested in a particular topic, you can sell them anything related to that niche. The email opening rate is quite low, and it is declining, but email marketing is one of the few ways to directly reach your reader's mailbox and pitch him your idea.
Most of the writers who make a lot of money on Medium are the ones who collected emails from their target audience and then sent their Medium story to them via email when it was published.
6. Increasing the visibility of your YouTube/Medium account
Why are my YouTube videos ranked in Google and YouTube search when I have 2.5K subscribers? because whenever I write a blog post, I make a video about the topic and embed it in the post. You can also use Medium to promote your story.
7. Offering your own services for sale
For Internet freelancers, this works like a charm. Do you want to be hired for a digital job? Write about the skill you are familiar with and include your Fiverr or Upwork gig, and you will notice an increase in the number of orders. I've seen several people do it, and they're making thousands of dollars with this simple marketing and monetization strategy.
8. Guest posts for a fee
Building your blog domain authority to the point where bloggers contact you for paid guest posts takes time and resources. Most bloggers want to increase their domain authority, or likelihood in the eyes of Google, by obtaining a Do-follow link from another blogger who has a blog with a high domain authority. The majority of companies charge between $100 and $1000 per guest post opportunity.
9. Sponsored content
Most companies will approach you for sponsored posts if you have been blogging for a long time and have a strong brand identity. Bloggers are making a lot of money using this method. The issue is that very few bloggers have reached the point where advertisers contact them about a sponsored post. So, your top priority right now should be to increase your social media following and write content that is relevant to your blog's niche.
10. Implementing a paywall
This is the most difficult of the three. The most important question to ask yourself is, "Why should someone pay you to read your articles?" Alternatively, you could publish your story on Medium and let the platform handle everything for you. For example, if you are unable to upload videos to your blog, you can use third-party video hosting sites such as YouTube to embed your videos.
11. Allow your reader to pay you through patronage.
How does someone pay you $5 via patron? Sounds interesting, and you can make hundreds of dollars with the patron every day. Some Medium writers make money from their content by using Patron links.
12. Native advertising can help you make money.
You enjoy reading articles, don't you? You went to a website that displays ads that look like articles to read next, which is a fun idea, and most people are happy to get more people to read their articles, so they give money to large native advertising companies like Taboola and Outbrain.com 15, which then run those articles on publisher websites.
For tier-1 countries, the average CPM ranges between $7 and $12.
13. Earn money from your blog by using CPA marketing.
CPA Marketing is a type of affiliate marketing, but its concept differs from that of affiliate marketing. CPA stands for cost per acquisition. When a user clicks on your CPA link and enters his or her email address, buys something, signs up for that site, or fills out a survey, you are paid $3 to $20 per action.
"Maxbounty," which has the largest inventory of CPA Offers, is the best site for CPA Marketing.
14. Make money by running video ads on your blog.
More than 70% of the Facebook feed is video, and YouTube has over 1.5 billion users, making it the most popular video hosting site as well as the most popular social media site that pays people to upload content to its site. You can earn money by running video advertisements on your blog. "Artificial intelligence video ads" is the name of the company that came up with the idea for video ads.
They also pay between $3 and $7 per 1000 video ad views.
15. Publish your blog posts on Medium and tag them with "noncanonical."
I will post a step-by-step guide to properly adding your blog post to Medium stories after you've published it.
I hope this article has helped you increase your blog's revenue. One thing to keep in mind is that you can increase your revenue through a variety of monetization methods. The majority of bloggers generate income from their blogs through a variety of means.