8 Ways to Monetize Your Blog

8 Ways to Monetize Your Blog

If you are yet to create your first blog, don’t freak out… I have written a super beginner/starter article over here about how to set up your first blog – check it out – and then come back to this article to see how to make money with your blog.

How to Monetize Your Blog

Now that you have your first blog up and running you need to know how to make it work for you financially. There are many different ways of generating income from a blog and none of these ways are right or wrong – every website is unique and you will need to think about which revenue-producing method is going to work best for yours.

With this in mind, I have compiled a list of eight simple ways you can make money from your website and earn cash for doing what you love! Why wait? Monetize your blog today!

1.

Affiliate Marketing

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One of the most effective ways of earning income is by promoting products related to your blog. This is known as affiliate marketing.

In affiliate marketing, you seek out products that are associated with your blog niche and then create awareness of the product on your blog. Should somebody buy the product using your link, you will receive commission from the sale.

For example, if you have a gardening website, you might write a blog post addressing ‘The Best Way to Get Rid of Weeds’, and then at the end of the entry promote a weed killer product. When your readers purchase the weed killer, you get a cut of the purchase price for having referred them.

There are several online marketplaces which specialise in affiliate products you can promote on your blog. Clickbank is a popular choice, as is JVZoo and Amazon but there are many others to choose from. These companies all run affiliate programs, allowing you to sign up and choose the right products for your blog.

2.

Product Reviews

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This one is similar to affiliate marketing, but is undertaken in a more specific manner, and is more suited to those who are opening a blog in order to monetize it and market affiliate products. However, if you have an existing blog and want to incorporate some reviews, you might also be able to integrate some product reviews into your blogging schedule in amongst regular blog entries.

For product reviews, you will create your content as reviews, creating videos or blogs that offer a detailed review of affiliate products that cater to your niche audience. You then promote the product.

As with affiliate marketing, you will receive a commission but in this case you may be able to generate more sales as the review targets the product more directly.

3.

Teaching

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Teaching and tutorials have commanded a huge online presence recently and there is certainly money to be made from offering them.

The selling and buying of knowledge has exploded and there is no time like the present to cash in on it and claim your piece of the pie.

Everybody has skills or knowledge in something. It might be the application of make-up, creating art, doing up furniture or fishing. Whatever you can DO, you can TEACH.

Get out pen and paper and start jotting down some ideas for what you can teach from your blog niche, then think about what medium you might want to use. You could include podcasts, videos or step-by-step guides.

You can decide if you want to charge for the teaching as a membership or as a one off fee for access to the content. What’s important is that the information you are selling is of good value and is not something they can receive for free on your site. Premium prices must go hand in hand with premium content.

4.

List Building

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Everything you ever read online about internet marketing will tell you that one thing is absolutely worth its weight in gold: an email list.

Email lists allow you to reach tens, hundreds and possibly thousands of people with your website, services and products. When visitors come to your website there is one valuable piece of information you are going to want from them more than anything – their email address…and you are going to need to do everything you can to get it.

Using your email list you can offer your visitors special deals on your membership or affiliate products, send them your latest content to view or ask for donations. Just be sure not to fill your campaigns with affiliate links and don’t send more emails than they can handle. Spam will have them unsubscribing which is counterproductive to your purposes.

5.

Offering Premium Content

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Once you have established yourself as an expert, or are at least perceived by your audience to be one, you can then leverage premium information in exchange for a payment.

Lock the premium content in a particular section of your blog and get members to sign up to a paid subscription in order for them to unlock this ‘members only’ section.

This premium section could also be a forum which allows only paid members to post or read the boards. If you have loyal readers who would enjoy interacting with one another, then start a private forum and charge a small fee to access it.

Increasing numbers of websites are using the premium membership model to monetize their sites. Once you have attracted visitors with your free content, introduce them to the amazing content and added benefits they will have access to, by paying a small fee.

6.

Product Creation

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The best way to make monetize your blog, hands down, has got to be creating and selling your OWN product.

If you don’t have a product, get creative! You could create an e-book, a video, photographs, or anything! You could even record your blog posts into audio and sell them as podcasts. Have a brainstorm about what you could offer, within your niche that would be worth money and then get working on it!

The best part? You make 100% of the profits. And, because you are not selling out of a local shop – the world is your oyster. Putting your product on your website puts it out there for the whole world to buy.

The world, and particularly the internet loves consuming, and what better way to feed your hungry visitors than by offering them a quality product which you know they will be interested in. That’s what makes this idea so fantastic– you will be selling to a database full of warm leads because you already know they will be interested in your product.

7.

Service Offering

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If you don’t feel that products are your calling, then why not offer a service?

This comes back to knowledge. What do you have going for you? Offer it out as a service. This could be coaching, mentoring, assisting with financial planning, instructing and giving strategies for things (e.g. stock trading)…the possibilities are endless!

Put simply, you are taking whatever real work skills you have and offering them out as a service to your blog followers. Your followers can then pay to use your professional services through your website.

8.

Donations

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This may seem like a long shot, but it’s worth putting out there.

If you have a loyal audience on your blog, then try asking your visitors to donate a small amount to assist you with the costs of providing your website.

Be sure to tell your followers what the money is for – hosting fees, domain registration etc… The most important thing to remember is that people will only pay for information that has been helpful. Make sure your offer is worthy of their hard earned money and they may just let you have some of it.

I hope this list has prompted you to think about how you might monetize your blog, and inspired you to try your hand at making money online.

Feel free to leave a comment telling us what your favourite way of making money on YOUR blog is!

Your First Blog: A Three Step Guide

Your First Blog: A Three Step Guide

Today I want to talk to you about jumping on the bandwagon that now contains almost one billion people. That bandwagon…is also known as the blogosphere.

Stating your first blog can be very exciting, but it can also be confusing if you don’t know where to start. Don’t panic. I will have you going from Zero to Blogger in no time.

Back in the 1990s, starting a blog was a massive undertaking. One had to have technical knowledge and a lot of patience just to get one up and running. Now you don’t need any technical expertise or experience to set up a blog. Thanks to the power of WordPress, anyone can get a blog off the ground in just minutes, and today I’m going to take you through my three step guide to help you do exactly that.

This guide is intended to help anyone and everyone get their own blog up and running quickly, without the headache. So read this article, and then go forth and start your first ever blog! There’s no time like the present.

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Why Blogging is Awesome

Starting a blog has many benefits, particularly for the internet marketer. Here are just a few reasons why you should start your first blog right away;

  • Starting a blog is a fantastic way to establish yourself as an expert online and confirm authority
  • It will also keep you an expert, as you will be keeping up to date with the latest information on your niche
  • Blogging allows you to network and expand your audience
  • Blogs can produce great virtual income
  • Having a place to express yourself can be powerful and therapeutic
  • The consequence of blogging is that no matter what your topic, your content will offer information which will help people

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Your First Blog: Step by Step

 

Step One – Setting up Your Domain

The first thing you need to do is decide on a domain name. This is the URL or web address that people will use to get to your website, and is often the first thing people see about your website.

Picking your domain name is probably the most important factor in blogging. Your domain name becomes the permanent address for your blog and reflects the nature of the blog so you need to think carefully before setting this.

Try to pick something that is simple but creative. Most importantly, it needs to reflect your brand and subject.

Here are a few tips;

  • Keep it short and simple – you want it to be easy to recollect
  • Steer away from using dashes or numbers as it makes it hard to remember
  • Pick a domain name that is memorable and spelled as it sounds so it’s easy to find
  • Avoid using names or words that are trademarked or under copyright
  • Try to use keywords that reveal something about the nature of your blog

Purchasing your domain name will only cost around $20 per year and is an important investment as it will assist in establishing your blog and your brand.

 

 

Step Two – Getting Hosting

In addition to the cost of the domain name, you will also have to fork out for web hosting.

Hosting is where your blog will ‘live’. Just like an apartment, you are renting a space on the internet where you will install your WordPress software onto your domain and manage your blog.

The good news is that web hosting is cheap as chips. Most good hosting only costs between $3 – $7 per month which, combined with the domain name cost, gives you a fully functioning blog for around $60 per year, or just over $1 per week.

There is a TON of hosting options online, but you need to choose carefully – not all hosting is created equal.

For your first blog, you are going to want to look for hosting which offers a few crucial things:

  • Affordability
  • Fast loading
  • Online support
  • Unlimited bandwidth and disk space (you never know how big your blog is going to get!)

The main thing to take note of is that they offer one click WordPress installation. This is crucial to the success of your blog.

Every good, reputable web hosting company now offers this as a way of installing WordPress with just a few clicks, so make sure your host of choice provides this before you commit to using them.

 

Step Three – Installing WordPress

While blogging offers its choice of platforms, none of them really hold a candle to WordPress.

WordPress has been downloaded over 100 million times and is the most popular system worldwide.  It is the easiest platform for beginners to use and is fully customizable with thousands of themes and plugins you can use to enhance your blog.

It’s free to use, easy to both install and use, and can be customised without knowing any codes/technical stuff. Google also loves WordPress blogs because the sites and the content tend to be cleaner than other platforms.

My advice? If you want to rock your reader’s socks off, then use WordPress. I personally love it and never create a blog without it.

Once you have bought yourself a domain and rented some hosting space, you have two options to install WordPress onto your domain and get your blogging underway;

  1. One click installation
  2. Manually

Option B is going straight to the ‘too hard basket’. All the great hosting offers one click installation and we aren’t going to complicate life unnecessarily. This process used to be extremely difficult, and you had to put some serious geek on in order to pull it off. With one click installation, anyone can now do it in a matter of minutes.

For beginners and those setting up their very first blog, the one click installation will see you through.

 

 

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Your First Blog: Now What?

 

What’s a Theme?

Now that you have WordPress installed in your brand-spanking-new blog, you will want to take advantage of all the cool stuff that WordPress has to offer to have your blog looking like a million bucks.

WordPress themes provide the front end styling in your website.

Features of WordPress themes include:

  • Overall design for the website
  • Font style
  • Colours
  • Widgets
  • Page layout
  • Overall style for blog posts

WordPress has thousands of free themes available, but if you really want your website to stand out you should consider investing in a premium or paid theme. Some paid themes even allow you to design and build your own theme from the ground up so your website can really be one of a kind.

 

What’s a Plugin?

As if WordPress wasn’t awesome enough, let me introduce you to the world of WordPress Plugins.

Plugins take WordPress to a whole new level. Put simply, plugins are little bits of software that can be added to your blog to expand the functionality of your website. When you start your blog and install WordPress what you have is a nice, simple platform in which to start your blog. What plugins offer are custom functions or features which you can use to tailor your blog according to the needs of your intended audience.

Just like themes, there are thousands of plugins available for free but paid plugins are often the way to go, in order to get the most out of your blog.

So what can a plugin do? If you can think of it, then there’s probably a plugin in existence that can do it. The idea of plugins is that you can customise the technical functionality of your website without having any knowledge of how to actually do so.

 

Once you have chosen your themes and plugins you are ready to start adding content to your blog.

 

Your first blog

Now that you know the basics to starting your own blog, I hope that I have motivated and inspired you to get your first blog underway.

Be sure to leave any questions or comments below, and don’t forget to sing out if you need help or advice!