Making money blogging is not as difficult as many think; these days there are many options to monetize your blog. In this article, we’ll show you how to make money blogging by showing you different ways to monetize your blog because a blog that is not monetized cannot make money.
Maybe you’re considering starting a blog because you heard that people make money from it or you are here for research. Whatever the case may be, we’re here to show you how to make money blogging or how bloggers make their money.
However, it’s important to know that making money blogging is not a get rich quick scheme; it requires a lot of work and time, but if you get it right, you could make enough money to help yourself, family, friends and more.
How much can I make blogging?
Many people keep asking this question. The truth is that there is no fixed amount you can make with a blog. The amount blogger earn on a daily basis ranges from 0 to millions of dollars depending on the traffic that comes to your blog, quality of content on your site and monetization strategies. There are rich bloggers and there are poor bloggers. Your efforts will determine how much you will make. Top blogger in Nigeria, Linda Ikeji, makes over $5,000 (USD) per day which is approximately 1.7million when converted into Nigerian Naira (NGN), while some other bloggers make as low as $0.00 per day.
Why People Blog?
There are two main reasons people blog;
- For hubby, and
- For business.
Regardless of the reason you started a blog, making money with a blog is possible. But to make huge money through a blog, you need to take your blog as a business.
How to make money blogging
To make money with your blog entails monetizing your blog. Below are different ways to monetize a blog;
1. Monetize with ad networks such as AdSense, Infolinks, Chitika, Media.net, etc
2. Sell direct or private ad space
3. Add Affiliate links in your content
4. Sell Digital products
5. Use it as a Content marketing tool for your business
6. Sell memberships
7. Use it to build your Credibility
8. Sell off your blog
Create A Blog Now!
If you don’t have a blog yet, and you wish to create one, click here to follow the steps.
Above is just the list, keep reading to see how it works.
1. Monetize with ad networks
This can be done through signing up with ad networks. It is one of the most common ways to make money with your blog.
There are two main types of ads offered by different ad networks;
i) CPC/PPC Ads: Cost Per Click (also called Pay Per Click) ads. These usually come in form of banners you place in your blog, and you make money each time your blog users taps/clicks on the ads.
ii) CPM Ads: This is Cost Per 1,000 Impressions. Unlike CPC, this ad does not require your blog users to click before you earn. It pays a fixed amount of money depending on the number of people that visited your blog and see the ad.
The most popular ad network for setting up these types of monetization is ‘Google AdSense’. With ad networks, you need not be in direct contact with advertisers. All you need is to sign up with Google AdSense, place Google ad code on your blog, and Google will start displaying the most relevant ads on your blog.
There are other ad networks, such as Infolinks, Chitika, Media.net that are very similar to Google AdSense which you can consider Google AdSense doesn’t work well for you.
2. Sell Direct or Private Ads
Another way to monetize a blog is through selling of direct ads space on your blog. So, instead of advertising through ad networks, like; Google AdSense, Infolinks, Media.net etc, you can sell ad space directly to advertisers. However, this monetization work well when you have a lot of traffic on your blog. Advertisers will contact you for you to place their ads on your blog. Also, you can reach out to advertisers yourself, and tell them about the available ads space on your blog.
The major difference from using ad networks is that you can set your own advert rates. You can as well sell adverts space in form of banners, buttons, sponsored posts or links. Another way to earn through this means is to accept sponsored posts from advertisers by writing about the advertiser’s product or service.
Reward Tips: The method in which you make money with direct ads can vary depending on what you want. For example, you may charge a onetime fee for a link within a post or fix monthly charge if you’re hosting banner ads.
3. Include Affiliate Links in Your Content
Affiliate advertising another incredible way for monetizing a blog.
Below is how it works:
If ‘James’ has an item he wants to sell, and he agrees to give Jenny a commission if the item is sold through her or if a buyer bought the item through Jenny. James, then gives Janny a unique link (affiliate link) to track when an item will be purchased. That way, James would know when a purchase is made through the link he gave to Janny. To make sales, Janny can place the affiliate link on her blog, for her blog users to buy James’ product, so she would get commission for every sale made through her link. So, that is how affiliate marketing works.
You must not create private partnerships with advertisers before you can make money from this. There are many affiliate networks like Amazon, Jumia, Konga etc you can work with. All you need is to sign up with any affiliate network, find a product to sell, get your affiliate link, and place the link on your blog.
Tip: You can create a banner and add the link to the picture, so it will appear like banner ads. If your blog user clicks on the banner (affiliate link), it redirects the person to the site where to buy the product, and you’ll earn if the person buys the product you’ve recommended.
4. Sell Digital Products
Another great way to make money blogging is by the selling of digital products on your blog. If you don’t want to advertise other people’s products, then you can consider selling of your own products. Digital products to sell can be things like; eBooks, app, images, online courses, musics, videos plugins, or themes.
Tip: Don’t just jump into selling of digital products, you need to listen to your blog readers and find out what they really want before you sell digital items to them, so they will find your products relevant and useful.
5. Use it as a Content Marketing Tool for Your Business
There are so many people that use their blog as a marketing tool to sell physical products and make money. So, instead of thinking about making direct money with your blog, you can rather use it as a powerful marketing tool to drive visitors to their business website.
The potential outcomes of this is endless for developing a business blog. You could sell handmade items such as, books, clothes, phones, and so on. If you’ve a business, you can start a blog to convert your blog readers into customers.
For example, if you have a website where you sell clothes. You can start a fashion blog to redirect visitors to your website where you sell clothes.
6. Sell Memberships
Selling memberships is another way to make money with your blog. For example, if you have a blog on a career, you can charge $5 – $15 per months for users to gain access to job section of the blog. Membership subscription means that anybody who want to take part in a particular section or forum on your blog ought to subscribe before he/she can gain access. For instance if 500 persons pay $10 per month to gain access to a particular section on your blog; 500×$10=$5,000. That means, you’ll be generating $5,000 per month. That’s awesome, isn’t it?
A business blog can sell their forum memberships where people can get help for their business.
Tip: Contents of your pro membership ought to be more valuable than what your visitors can find for free else somewhere. Ensure you have something that worth the price.
7. Use it to Build Your Credibility
This isn’t a direct way to make money blogging, however, blogging to build your credibility can eventually lead to money-making opportunities.
Let’s take for example; if you have a finance blog, and many people are following your blog. And your blog becomes the ‘talk of town’; you the owner of the blog will be a very popular figure in the finance industry. Once, you rise to that level, people will start contacting you to co-author a book on savings money, or you can charge a reasonable amount of money to speak at conferences or to run training relating to finance.
Just as previously said, it is not a direct way to make money with a blog, but it will work if you know what you’re doing. It has worked for many popular bloggers, therefore it will work for you.
8. Sell off your blog
Wow! This is another interesting way to make money blogging, but this would warrant selling off your blog to an interested buyer. If you’ve built a blog that generates decent daily traffic, you could sell it off to start a new blog. You can check your blog worth at www.siteworth.com. The richest blogger in Nigeria, Linda Ikeji, her blog at www.lindaikejisblog.com worth up to $60million (USD). This means, Linda Ikeji wouldn’t sell her blog below that amount if she sells it today.
Final Thoughts
The most important thing to remember is that making money blogging cannot be possible if you create a blog, fold your hand while you look at it. NO! it doesn’t work that way! Making money blogging requires a lot of serious works and time, and you must be ready for it.
The reason most bloggers have not seen a dime after several months or years of blogging is because after creating a blog they put very little efforts towards building their blog. I would like you to read these little bits of counsel below:
1. Make Quality Content
Let the truth be said, you won’t make money blogging if people don’t read your content. Users experience matters a lot because, your readers are actually the ones to make money for you. Always, create quality content for them to read; whether they are clicking your ads or buying your products. The longer you hold them on your blog the more chances you have to make money.
2. Try not to spend all your time on your blog
Spend time building your blog is important, but it doesn’t mean you should only spend time on your blog. To build a successful blog, you need to also spend time to build relationships with your readers, sponsors, affiliate partners and other bloggers who will push traffic to your blog. Make sure you put some of your time in building social media followers, forums, groups or whatever works for you in build these relationships.
3. Try not to be afraid to experiment
Be informed that not every tips to make money blogging will work for you. However, try not to be reluctant to change you techniques to see what works best for you and your blog users.
Making money blogging requires a great deal of perseverance and hard work, it will pay off over the long haul if you are just a beginner.
Do not use all the methods of making money discussed above at once. Find out the one that suit you. After some time, you will definitely realize what works and doesn’t work for you.
Create A Blog Now!
If you don’t have a blog yet, and you wish to create one, click here to follow the steps.
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