The best thing with blogging is that it offers the blogger a lot of ways to earn money. The other best thing also with monetizing your blog is that you won’t only generate additional income into your pocket, but you also add more value to your brand by offering something truly beneficial to your readers.
Check out these six excellent monetization tips to bringing in some money from blogging.
1. Offer a professional service
This is actually what we’re offering right now at MACs Women. We know that there are many women entrepreneurs out there that need professional help with their social media. So we develop our comprehensive social media solutions that we believe can truly benefit their business.
2. Sell an ebook
Or sell any informational or non-informational products for that matter. But selling an ebook through a blog is one of the most lucrative monetization strategies being used today by bloggers. It’s also relatively easy to do. You just write an ebook that you think your audience wants to buy and sell it on your blog.
3. Promote affiliates
This is another great option to generate income. You look for affiliate programs that you believe can really help your readers. You sign up to their program and recommend them on your blog using an affiliate link. If your readers buy the product or service, you will get paid.
4. Use Google AdSense
Pat Flynn’s SmartPassiveIncome gives us an excellent example on how to utilize Google AdSense. Right now, he’s earning over two thousand dollars of passive income every month. Pat shows everyone there’s a lot of money to be had by offering a combination of useful content and Google AdSense.
5. Offer a membership program
Set up an exclusive premium-level program that can only be accessed by members who pay a monthly fee. This is a growing online trend right now that offers savvy entrepreneurs with a steady flow of income.
6. Build your blog and sell it
We know of some people who make a living by creating a blog, building an audience, and then selling it at a profit. In fact, we also know of some people who actually buy blogs and use them for their content marketing strategies.
How about you? Are you generating money from you blog? What monetization strategy or strategies do you use? We’d love to hear your experience.