There are many workable strategies to earn money from your blog. These earning strategies are very popular and can add to your incomes stream.
Remember, building a successful blog takes time and effort as you need traffic for your content. But there are still strategies that can be employed in a new blog to make it profitable. Even with less traffic you can earn money with your blog,
It’s also important to consistently produce high-quality content, engage with your audience, and market your blog effectively.
Let’s analyze the different ways of earning money through a blog:
Affiliate Marketing
Promote products or services through affiliate marketing. You earn a commission for each sale or action generated through your unique affiliate link. Search up for high commission affiliate products. Hosting platforms and software owners can give high commission on sale. There are several options of digital and physical products. Most of the time bloggers endorse products according to their website content.
And very important step is that check how the affiliate can pay you. PayPal is very common to get payment. But if PayPal is not supported by your country, then search for affiliate programs that pay with Payoneer.
Drive traffic towards your content. Share it on social media. Must build a connection with your audience through email list. Offer something free as downloadable file to get email.
It’s important to be honest with your audience about the partnerships you have with Affiliate Companies. This transparency helps build trust. Keep in mind that the quality of the products or services you promote affects your blog’s reputation. So, choose affiliate partners wisely and focus on promoting things that are good and trustworthy. This way, your readers will trust both you and the products you recommend.
Run Ads
As the person who runs a blog, advertising can be a great way to make money from your online content. Advertisers are interested in reaching your audience and are willing to pay for that opportunity.
Display Ads: Use ad networks like Google AdSense to display ads on your blog. You earn money when visitors click on or view these ads.
For Google Adsense approval, you must create original informative content. Follow the Adsense Program guidelines. There are other Ad agencies that have less strict rules and you can easily get approval. Adsterra has no traffic limitation. You can put Adsterra ads on your website and started earning money from a new blog. Infolinks is another platform that provide ads to your website.
How Google AdSense works. It shows ads that are related to the content on your blog. For instance, if your blog is about exciting paintings and you just wrote a post about “Oil Painting Essentials”, AdSense might display ads about Painting Supplies from manufacturers. As the blog owner, AdSense pays you when people see or interact with these ads.
Because AdSense can make online ads match the content and audience of your blog, advertisers are often willing to pay a higher price to have their ads shown on your blog. This way, you can make money while keeping your ads relevant to what your readers are interested in.
Direct Ads: Once your blog gains popularity, you can sell ad space directly to advertisers. Inviting companies to post ads on your website is also profitable as many companies agree to give good profits for display. You can directly talk to businesses and offer them space on your blog for their ads. This is called a direct deal.
Combo of ads + Affiliate links
Why not take advantage of multiple earning strategies… There is a wrong misconception that Google Adsense rejects your site if it is an Affiliate Site. Remember you can use affiliate links and Adsense together.Your site must not be a coupon site that has a huge load of affiliate links and has very little content. Your site must have good content. Therefore, It can have affiliate links and still can be approved by Adsense network and other Ad networks.
Sell Physical or digital Products > Your Own or Dropship
Either you can sell your own products or drop ship products from other companies.
With a wordpress and woocommerce, you can build your own ecommerce platform and sell products. If you don’t have your own products, Dropshipping is popular option. There are many popular dropshipping platforms that provide products ready to ship. There is no inventory cost. And the company will handle all the shipping and packaging.
You can also become reseller of Digital Products. Many reseller agents contact top software companies and resell their software by taking small commission fees.
Membership/Sell Courses/Subscription
You can create informative content that is free on your blog. Members can access paid content that is exclusively available to them. This model works best for premium magazine content. You will regularly update the content and members will pay you monthly or yearly.
Instructors and teachers can create paid courses for students. For this model to work, you should be expert in your niche to provide valuable paid courses.
Many earning strategies can be combined and linked according to the blog content. For example, you can create informative content about specific niche and drop ship products related to that niche.
Every path requires the dedication to work and explore options that work. You must enjoy the process of blogging.