Make Money Blogging: 16 Ways To Make Money With Your Blog Website
Unlike what you may see on the internet, making money with a blog is not a get rich quick scheme. Because of lots of misleading information and advertisements on the internet, many people turn to blogging, hoping that it will offer an immediate solution to their financial needs.
But that is not the case.
Research shows that the majority of the well-established blogs have been in existence for more than four years. Thus, if you decide to invest in a blog, then you should not expect to make money blogging within the first few months or years.
It is important to point out that it takes time to build an audience. Apart from building an audience, there are also several other factors that come into play such as credibility ( is your site trustworthy), site ranking (how does your site rank on search engine results page SERPs) and content marketing (how is your content marketing strategy?).
If you have decided that making money bloggingis the way to go, then you should be ready to invest your time and energy into the blog or website, without expecting too much during the early months.
If you are not currently running a blog or website, then you need to first come up with a content marketing strategy that will help you increase the amount of traffic to your website.
Before you can earn any cash, you need first to have the right audience.
Build your blog
On the other hand, if you are starting, then you need to pick a niche that you may be interested in or comfortable with. Since you may be running the blog several years down the line, it’s important to settle for something that you are truly interested in.
After picking a suitable niche, you should then select your preferred web hosting company. There are lots of web hosting companies out there with amazing offers.
When shopping for a web hosting company, you should pick one that’s not only affordable but also one that has limited downtimes and 24/7 support.
You never know when your website will be down.
If you are not sure about which hosting company to settle for, then I would highly recommend Siteground. Apart from having amazing offers, Siteground also stores the user’s data in SSDs and not HHDs.
This, in turn, means that the load time for any website hosted on their platform will be extremely fast in comparison to other hosting companies.
Once you have selected you’ve preferred web hosting company; then the next steps would be to build your audience.
If you have done any online transaction before, then you are aware that people buy or invest from people or websites that they trust.
Before you can even begin to think about how you can generate money, it’s highly recommended to build trust by first providing value to your audience.
Creating content is one thing, and having your content reach out to your target audience is another.
As a blogger or a site owner, you should always remember to come up with your funnel system and content marketing strategy to ensure that your web content reaches as many people as possible.
A well-thought-out content marketing strategy will ensure that you can bring traffic to your website, while a funnel system will help you convert the website visitors into customers.
With everything in place, how exactly can one generate money from a blog?
Monetising Your Blog
The first and most popular way to make money blogging is through monetisation. Just like on Youtube, you can monetise your blog whereby third party advertisements, sponsored posts and affiliate posts will be shared to your audience.
Once a visitor clicks on the ad or affiliate link, you will earn a commission from third parties.
- Google Adsense
If you have done your research, then you probably have come across Google Adsense. Google Adsense is an initiative by Google that allows site owners to make money blogging by displaying different advertisements on their websites.
Upon signing up for the programme, Google will share a script, which you will paste into a section of your website.
You can paste the script into any section of your website, where you would want the advertisement to be displayed. The text will display the ad that Google sees fit for your website and target audience.
Any time a visitor clicks on the advertisement, you will be paid by Google.
The ads that Google will place on your website are known as CPC (Cost Per Click).
As a site owner, you will earn every time a visitor clicks on the advertisement displayed on your website. Unlike CPM, where you will earn per 1,000 views, your earnings for CPC will depend on the rates set by the advertiser.
If you are just starting, then Google Adsense is a great place to begin. There are also other services out there that work similarly as Adsense. One popular programme is media.net.
- Affiliate Marketing
Another great way to make money blogging is through affiliate marketing. By placing links with unique tracking codes into your website, you will earn a commission each time a person purchases after clicking on the link.
Several companies or websites offer affiliate programs. Before becoming an affiliate, you should first think of the products, service providers or companies that your audience will relate with.
It’s important to point out that marketing products that have nothing to do with your niche will not bear any results.
Amazon has an affiliate program that’s not difficult to sign up with. It’s highly recommended for people who are starting. Approval into the program will not take more than 48 hours. The great thing about affiliate marketing is that you can promote as many products as you wish.
- Sell Ads Directly
Instead of using an intermediary, you can choose to sell ads directly to your audience. You can do this by selling banner space on your website. This is a great
The great thing about selling ads directly is that you have the freedom of setting your rates. On top of that, you do not have to rely or on clicks.
Many bloggers charge a flat rate.
This, in turn, means that whether the audience clicks on the advertisements or not, you will still be able to make money.
The downside of selling ads on your website is that you will have to manually track each advertisement, take care of invoicing, and also come up with the terms and conditions as well as the agreement.
- Writing Paid Reviews
You can also make money blogging by running paid reviews. Depending on your niche, you will have to try out different products that relate to your niche and then review them on your website.
By reviewing the products or service on your website, you will be sharing your experience/experiences with your audience. Through the paid reviews, you will be able to lead more customers to the product or service that you may have just used.
With that said, there are several companies and website that can help you get prospects who may want their review on your website.
- Flipping Websites
Another profitable way to make money online is through website flipping. A great number of people have done this and made some great bucks.
There are several entrepreneurs who have earned millions of dollars just by flipping websites. (example).
To avoid the hustles of trial and error, most people prefer buying already built websites instead of building everything from scratch. This ensures that they are not investing blindly and also they will be able to take the website or company to greater heights.
Before you can begin flipping websites, ensure first that you know how to build a decent website. Once you have created the website, ensure that you can get a significant amount of traffic to the website.
However, you should first get to know the type of websites which are on demand. On, top of that you should also know how to price websites and how to fish for potential clients.
Do you already own a successful website that you would love of to dispose of, but don’t know where to begin?
No need to worry. There are several websites which serve as auction sites, where you can sell your website to a pool of clients.
What’s the catch? A small percentage of your selling price.
Sell Digital Products
Apart from monetisation, selling digital products is also another great way to make money blogging. Unlike monetization n, selling a digital product is quite easy and straightforward.
Just like any other investment, creating a digital product is a time-consuming process that can take months. Thus, you should be ready to invest your time and energy into the creation process.
As expected, do your research. Settle for a digital product that you believe will do well on your website or blog.
- Sell Courses
You can make money online by selling courses directly from your blog or website. If you are in the web designing or IT niche or any other niche, you can create a beginner’s course.
Visitors who will be interested in learning how to code or learn how to become professional chefs can purchase the course directly from your website.
When selling courses, you should remember to include any supporting material such as templates, slides, downloads and checklists.
8. Sell e-books
Alternatively, if creating courses is not your thing, then you can decide to create your e-books and then sell them online. Just like courses, e-books require your initial input only.
Instead of just working on an e-book, it’s important to first understand your target audience and the type of information they may be interested in. WordPress has numerous plugins that will help you sell and even track products online.
- Paid Webinars
Webinars are also another great way is also another great way to make money blogging. Unlike selling courses, webinars allow site owners to make money online by sharing their experiences and expertise to a group of people.
If you prefer to earn money from webinars, kindly read more about them (webinars).
You can also choose to include a question-answer moment. WordPress has lots of plugins and features that will easily allow you to set up a paid webinar on your WordPress website or blog. (plugin for webinars).
If you do not prefer selling digital products online, then you can choose to sell services online. Selling services online is a popular technique that many people employ to make money blogging. The great thing about selling services online is that you do not have to create an inventory or a product.
All you need is a landing page, with a call to action feature or a button.
- Freelance Services
If you are skilled in a certain tech,nical field, then you can begin selling your freelance services online. The great thing about selling freelance services is that you have the flexibility of deciding your pay rate.
All you have to do is create your website and blog and come up with a sales funnel process. If you already have a market, then you can use your blog or website to showcase your expertise.
You can either begin your blog and share a portfolio of some of the work you have already completed with other clients.
Always remember to ask for permission before sharing a client’s work on your portfolio.
Before you can offer coaching services, it’s highly advisable to ensure that you are conversant with the field that you will be coaching people in. I highly recommend signing up for a course or training programme to get you conversant and experienced in your field of choice.
The great thing about offering coaching services is that you will be able to offer value and change lives in the process. On top of that, you will also receive referrals from your previous clients if you manage to do a fantastic job.
If you feel confident that coaching is the way to go, then you can set up a booking form or a subscription membership website.
People interested in your coaching sessions will simply have to sign-up or fill in a booking form on your website.
Another great way to make money online is by offering consultation services. Instead of coaching clients, you will be offering guidance and strategy to increase their effectiveness and efficiency.
Consulting businesses require little to zero investment. If you already own a blog, then setting up a consulting business is pretty straight forward. Learn more about how to start a consulting business.
Sell Physical Products
If selling digital products is not your cup of tea, then you can always sell physical products. Selling physical products is a great way to make money online.
With the right type of audience, you can make some serious cash in no time.
- Ecommerce Business
You can begin by creating your online store. The great thing about using WordPress is that there are lots of plugins that will allow you to set up an online store within minutes.
If you own an existing blog, then all you have to do is add a shop section into your blog. There are lots of plugins to choose from.
However, I highly recommend the Woo-commerce plugin.
While setting up shop can be a demanding process, many at times the results are often rewarding when done right.
- Drop Shipping Store
Unlike an online store, a drop-shipping store gives you the freedom of not handling inventories and the shipping of items.
All you have to do is create your website and look for customers. Once a customer places an order on your website, the drop shipping company will process the order and then send it to the customer directly.
You will receive a commission on each order received from your website.
Another great way to maney money blogging is through running paid memberships on your website or blog. A paid membership allows, you the site owner to restrict certain areas of your website to specific members.
- Restricted Members Only Content
One form of paid membership is restricted content. You can create different sections on your website where members who have paid a certain amount can access.
Some of the content that you can restrict include digital books, blog posts, audio and video content that’s not available to other members.
It’s important to point out that paid membership is a big investment. Thus you should continue producing premium content at all times.
If you are on WordPress, then there are several plugins that can allow you to create membership sites. One such plugin is Memberpress, which happens to be beginner friendly.
- Private Forum
Alternatively, you can opt to create a private forum, where users will have to pay first before accesing the private forum. Forums are a great way of allowing your audience to have a one of one engagement with you the site owner.
Just like Paid Membership, a private forum also has its challenges; moderation. Moderating the forum can be a great challenge. Thus, you should be ready and willing to commit fully.
That said, there are several plugins on WordPress that can allow you to set up a forum. Some of the most popular plugins include;
There are hundreds of other ways that you can use to make money with a blog. Some of the most effective ways include developing WordPress plugins, create a job marketplace, auction websites, online marketplace websites; the options are just endless.
If you do not own a blog, getting started is extremely easy as long as you select the right platform.
Siteground is a great place to start as their hosting allows you to install an inbuilt WordPress.org plugin. While setting up, you will purchase a domain name from them for as little as $12.
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