How to Monetize Your Blog – Complete Instructions

 

How to monetize your blog

Since blogging is a long term process to make decent income, it will definitely needs some tips and tactics to apply to monetize your blogs.
You should not expect money from your blogs especially if you don’t aware of how blogging works. You have to learn and apply some monetization tips to make good income from your blogs. Here are few top ways to monetize your blogs the right way.

How to Monetize Your Blog?

Tips for Monetizing your blog are as follows:

#1 – Use Ads

No doubt, advertising banners are the best revenue sources for most bloggers to earn more money. Many bloggers will start monetizing their blogs by placing ads (products, services or plugins) on their blogs.
The revenue will depend upon the type of ads you choose and use. And it will also depend heavily upon your website ranking factors.
Most advertisers will look,

• Your page rank
• Your alexa rank
• Page authority
• Domain authority
• And the credibility of your blog
• Unique page views etc

The above factors will decide how much the advertisers will pay to you. The better site you have with hungry and potential readers, the better income you can expect.

#2 -Affiliate Marketing

There are lot of Internet marketers out there who make a living from their blogs just by using some affiliate tactics. If you want to make more from affiliate marketing there are certain ways.

• Create great impact on your readers
• Engage with your readers often
• Place potential ads
• Write genuine reviews
• Build credibility

No doubt, you can earn more money from affiliate products as there are hell lot of products you can promote which will give you more income on every successful sale that you make.
Few high potential products are:

• Web hosting services like Host Gator, Dream Host etc
• Premium themes Thesis, Genesis, WooThemes
• Premium plugins like Backup Buddy, VaultPress

#3- Create your own products

If you don’t want to promote other products and earn income from them, this monetization method is for you – create your own products.
You can sell almost anything on your blogs, but be sure that will add extra value to you and your blog readers and worth every penny of their money.
You can sell the products like;

• Themes
• Plugins
• eBooks
• Videos
• Infographics
• Podcasts etc

Make sure you are taking quality time to create “premium products” on your blogs. No one will be interested in buying from you if you don’t add any value to them.
Consider using landing pages on your blogs to get more visibility to your products, this way you can attract more people attention in less time.
Also get as much online visibility as you can to your products to reach wider audience to purchase your stuff. You could sell more products and make more money when you have more audience, right?
So, try to build great community around your blogs and build genuine relationships with other bloggers to get more visibility to your blog and products.

#4 - Use your own services

This is one of the best monetization ways you can use. The best use of this method is, you can quickly make money from your services.
You can offer anything on your blogs.

• If you are good at writing, create a hire me page and provide your offers
• If you are a good designer, try creating premium themes and plugins and sell them
• If you are good at logo designing, use social media sites to create logos for money

First know yourself where you are good at. Then, apply this monetization method to more income from your blogs. Again, you should have great knowledge in your field to make more money.

#5- Create membership sites

Most online marketers make very good income from the membership sites. Because you will be sharing your online experience and making other bloggers to make more money online using membership sites.
How can you make decent income from membership sites?
First, create great impact on other bloggers and build a thriving community around your blogs to easily make your membership sites go viral in the blogosphere. Limit your membership seats to certain amount and offer the best value to your customers and finally set a price tag that can be affordable for your readers. This is how you can actually make money from membership sites.

Over to you:

How do you monetize your blogs? Have you tried the above methods? Or do you monetize your blogs in other ways? Please share your knowledge.