When you’re just starting out with your blog, it can seem like one of the most arduous and frustrating tasks. With so much information to consume and strategies to digest, how is that any one person can find the time or the wherewithal to not only grasp the art of blogging itself, but also that of driving significant amounts of traffic?
We all know blogging isn’t some altruistic pursuit. People want their words to be seen and shared. They want to gain the respect of the masses and boost their authority in their respective industry or niche. However, clearly it isn’t quite that simple. Not only is it difficult to drive traffic to a blog, but it’s also hard to monetize the traffic that you do receive.
Monetizing your blog.
While there are arguably dozens of ways to monetize your blog, there really are eight core methods that will help you earn a healthy income from your efforts.
1. Affiliate marketing
One of the most popular methods for monetizing a blog is to leverage affiliate marketing. This is especially useful when you’re just starting out and you don’t have your own products or services to sell. All you have to do is develop content that will ultimately be in harmony with whatever affiliate offers you plan to push out.
For example, if you’re running a fitness blog, you can easily sell affiliate health, weight loss or body building supplements. Since the content is already attracting people that are interested in fitness, selling these types of products helps you to create a near-automated stream of passive income.
While most people might think that adding some pay-per-click (PPC) ads will be a great way to make lots of money with their blogs, unless you have massive amounts of traffic — as in 10,000+ visitors per day or more — the income will be marginal at best. The real income here doesn’t start until you cross about 100,000 visitors per day.
However, you could easily negotiate terms directly with advertisers by utilizing display ads as opposed to PPC ads. As long as the ads are within your specific niche or industry, you can likely negotiate an amount that would be much more competitive than income from standard PPC ads.
3. Email marketing
One of the most powerful methods for making money from your blog is directly through email marketing. But to be successful, you need to build your list. Whether you promote blog updates or create a lead magnet, utilize one of the more popular email marketing platforms like ConvertKit, Aweber or InfusionSoft to implement the systems necessary to begin marketing via email.
By building a strong bond and a connection with your readers, you can effectively generate a sizable amount of money through the course of marketing both your own products and services along with affiliate offers directly through email. You can expect to generate approximately $1 per subscriber per month.
4. Sell ebooks
Ebooks offer a relatively quick pathway for making money from your blog. Develop an ebook that’s aligned with the content of your blog. Non-fiction ebooks are relatively simple to create, and if you’re teaching a skill that many people struggle with, it’s likely that the ebook will produce a healthy profit.
You can easily promote your ebook directly through your blog by creating attractive content that will draw people in, then enticing them with your ebook. You could also build a sales funnel, which is an online marketing term for an automated multi-step sales machine, and sell your ebook on autopilot.
5. Sell courses
Selling digital online courses is another way you can profit from blogging. Develop intuitive and helpful courses that add a tremendous amount of value and the rest will be smooth sailing. By putting your heart and your soul into these courses, you can simply allow them to sell on autopilot for you, another great avenue for passive income.