In this post, I will explain different ways you can use your blog to create an income, or, “monetize” your blog.
I made a video to show a case study of this:
If you have been following me, you may already know my goal is to make £500 per month by the end of this year solely through my efforts online. But before I explain how I’m going to accomplish this, I want to mention something about money.
We all want to make more money. I understand that. At the same time it’s my perspective that focusing on making money isn’t necessarily the way to make money.
Instead, focus on something you’re passionate about and continue to develop your expertise in the subject, and the money will follow all on it’s own.
Your passion for the topic will express itself in the way you write as will you authority on the subject. It’s also much easier to spend the time and effort to create high-quality content about something your passionate about.
Without passion, it’s too easy to walk away from a project that requires dedication and work.
To be honest, I’ve spent close to 12 hours a day for the last 5 days diligently working on my web site, and I’m still happy to sit here typing and tweaking my site. It’s so much easier to do it when you enjoy doing something and you’re passionate about it..
Anyway back to the matter in hand…
How can you make money from your blog
I have written an in-depth introduction to affiliate marketing and how it works here.
But briefly, as you continue to develop content for your blog (about the topic you are passionate about), you review products and services that are pertinent to your content and endorse them.
The products and service you review should be things you have experience with and wholeheartedly endorse. The goal here is to provide honest value to your readers by giving them a well-researched review with your unique perspective. As people begin to see the value of the product or service you’ve reviewed and endorse, a percentage of them will purchase the product or service. The manufacturer or service provider simply provides you with a unique tracking ID that you embed in a link in your content, and viola… you receive a commission on the sale.
I’m currently in the process of making an e-book using KMM which leads me to the next point…
2. Create your own product
As I’ve mentioned, a well-written e-book is one product that that can provide a high level of value to your readers. Simply put, an e-book is the same as a conventional book, only in electronic form.
The beauty of an ebook is it costs you noting but time to create, and once it’s created, you receive 100% of the income generated by a sale.
You are the author, and you can publish it yourself on web sites like Amazon Kindle Direct Publishing, as well as other web sites that sell e-books, Each time your book is sold you make money.
It’s an easy process an as the capacity to make money for you far into the future.
I’m in the process of creating my own e-book so watch the monthly goal report tab to see how it goes!
- Courses and training
Another way to provide value to your readers, is creating courses or training.
I like Clickbank as they have a large selection of high-quality courses and training on a myriad of topics, most of which pay exceptional affiliate commissions.
Finding quality products about your topic at Clickbank that provide value to your readers is a simple process.
As I described above under affiliate marketing, you simply embed a link in your content that contains your unique tracking ID, and you will generate a commission each time a product is sold from your website.
- Physical Products
A while back I came across a product called “Amazing Selling Machine”. It promised to teach you how to make unlimited money selling physical products on Amazon.
The course fee was $4,000, which at the time, was more than I as willing to pay.
However, it got me thinking.
If I created a physical product, I could sell it on Amazon and create an additional income stream.
It would be just like an e-book in many respects, the only downside, however, is I would have to find a place to store my product.
A little more research revealed that Amazon provides a Fulfillment service, where, for a price, it handles the logistics of storing and delivering your products, as well as customer service.
3. Adsense/ Advertisers
Another common method of generating income with your website is to allow people or companies, who have products or services appropriate for your readers, to advertise on your website.
Google Adwords is one of the most popular ways to monetize your website through advertising.
It creates an advertisement based on your content and places it on your site.
You receive somewhere between $0.10 to $20 per click depending on the products and your personal performance, but you should expect to receive the lower level click fees initially.
Contact advertisers with products or services relevant to your content yourself and ask if they would like to advertise on your website.
When your web site begins to pull in traffic, this can be a very lucrative way to create income with your web site.
4. Email Marketing
Building an email list and send out regular, exclusive content to those who sign up.
It’s a great way of creating relationships with your readers and will increase your level of return customers.
If I may, Id like to offer a word of caution here. It will be a temptation to sell your mailing lists, and a lot of people do… it can be a good source of income.
However, that conveys a poor show of trust.
I do not sell my email lists, and I highly recommend you don’t either.
If you would like to know or have a question more please email me at firstname.lastname@example.org
Or drop a comment below any post and I will get back to you asap