Having a well-built and attractively designed website is an important piece of the puzzle if you want to make money online, but monetizing it properly is perhaps the critical part. Some monetizing techniques require a lot of on-going work, while others are passive, but it is up to you to study them, see which one can be most easily applied to your blog, and put additional efforts into increasing your income. In this article, I’ve list some of the easiest ways you can start earning money from your blog.
1. Banner Ads
One of the finest ways to make more money through your blog. What you need to do is sell the ad space by using Buy Sell Ads services. The larger your site traffic gets, the bigger the chances that people would want to place their ads on your site. You are the one that sets up the monthly price for each type of banner (full banner, half banner, square button, or vertical banner). If your site gets a lot of website traffic from different sources, then the banner ad price can go up to several thousand dollars per month.
2. Affiliate Marketing
Another popular way for making additional money through your blog or website. In other words, what you do is you recommend or sell someone else’s products on your site. You will receive commission (usually 30%-70% of the product price) every time a visitor clicks on your affiliate link and buys the product. The funds get paid to you through a secure secure online payment system, and that is how you make money even when you sleep. Even though this is a passive monetizing technique, you need to have some selling skills and lots of patience if you want to make money from affiliate marketing. It does not mean that you do not have a chance at success if your niche is not that popular. Never lose your company’s mission statement and goals out of sight, and make sure you find affiliates who understand and appreciate the relevance of working in a market where you find your company the strongest.
3. Build an Email List
The majority of websites that have high traffic use this technique. By “building a list” is assumed gathering your visitors email addresses. This is a technique that will require your attention on a long-term, and you will have to build relationships with your followers before you engage in it. This is done by offering help and great information for free. If you start spamming them with all kinds of offers, they will most likely find it boring and unsubscribe from your mailing list. There are different ways for you to grow your email list. Drive more traffic to your blog, give something away for free (videos and podcasts), use landing pages, a quality autoresponder, social media sites, and effective call to actions.
4. PPC Advertising
PPC (Pay Per Click) advertising is, alongside with SEO (Search Engine Optimisation), a highly popular strategy for increasing site traffic and attracting more visitors. How to make money from it? It is simple: with the help of Google Adsense, you place a code on your blog and it will start showing various ads that are relevant to your blog. For example, if it is a travel blog, Google Adsense will start displaying ads about hiking equipment, cheap air travel tickets and accommodation. You get paid whenever someone clicks on the ad. You can make hundreds or even thousands of dollars per month if your blog has enough traffic.
5. Product Reviews
This monetizing technique works best if a blog/website has loyal readership. It is an effective way for making money from a blog, and you can earn up to $500 simply by publishing several product reviews a month on your blog. Again, how much you can charge per review depends on your blog/website popularity and traffic.
These are just five possible ways of monetizing your blog for some extra money. However, before using any of these models, be sure to test each one of them to see which one suits your blog the best. Also, never try to use every possible monetizing technique you come across. Your site will end up looking messy and people will avoid it. Collocate your efforts wisely, or else you will not make a cent.
About the author
John Stone is a business consultant and a regular contributor to Bizzmarkblog. A believer in the notion that thinking outside of the box is a prerequisite for being a successful entrepreneur.