The internet has presented numerous opportunities for making a decent income. One of the easiest and most effective ways you can start making money online is through the use of blogging.
Running a blog involves creating catchy content that will boost your exposure and ensure you rank highly on search engines such as Google or Yahoo. Owning a successful blog is certainly not an easy fete considering the stiff competition you are going to encounter.
However, if you do things right, you can rest assured that you will earn a spot among the top bloggers.
So, what does it take to run a successful blog?
Running a successful blog requires you to adopt the proper strategies that will boost your success rate. Firstly, you will need to find a niche that you are comfortable with. The niche of choice will be influenced by your personality and the things you like which may include fitness, fashion, food or even technology. Now that you have determined the topics/niche you want to cover, ensure that you create compelling content that will draw the reader’s attention. This means that you should consider adopting a unique writing style that will set you apart from competition. Having created a considerable amount of quality content that has attracted significant readership, you should consider finding ways to earn from your blog.
Earning from your blog is certainly no easy task and this can take a long time considering the competition and the fact that the blog needs to have a considerable number of readers/viewers. Many aspiring bloggers have given up on their quest to become top earning bloggers considering the amount of work and patience required in order to attract your first client. In addition, it is important that you also adopt search engine optimization strategies that will boost your blog’s rank on search engine sites. Remember, achieving success with your blog is highly dependent on the strategy you adopt.
So, how do you earn from your blog?
Here are 7 ways through which you can monetize your blog.
Google Adsense and Ad Placements
No matter where you go online, you are going to see advertisements all over the place. Without a doubt, on-site ads are arguably one of the most popular ways through which bloggers earn income.
With a huge fan base or lots of search and social media traffic coming to a site, companies will want to reach out to your readers and this can only be done through placing adverts on your blog. And even better, there are already ad networks out there like Google Adsense, which makes the process of running ads on your site and getting paid for it much easier than trying to market your site on your own. However, if you really know how to market your site, it’s not the best option out there for making money.
Amazingly, you can have more than one company advertising on your blog and this means more income and exposure. Therefore, ensure you create appealing content that will boost the number of visitors on your site which will attract advertisers to your blog.
Affiliate Marketing is Still a Huge Opportunity
Affiliate marketing is another great way of boosting your income whereby a company has a product it wants to sell and you agree on a commission on every sale that is triggered by your blog. The company will give you a unique code which allows them to track your affiliate link which enables them to determine sales that are inspired by your blog.
Just like with on-site advertising, there are many different affiliate networks out there to help negotiate the best deals and make the sign up and promotion process a whole lot easier. The best way to make money with affiliate marketing, is to find an offer that is relevant to your audience and then create articles and content around those same topics.
A perfect example of this can be seen with Aragon Advertising, as the affiliate platform is continually bringing in new private brands and offers that you can’t find elsewhere — especially in the financial space. This is beneficial for many different reasons, but extremely useful when trying to maximize earnings and conversion rates.
In the extremely competitive world of affiliate marketing and content creation, it’s not about picking the highest paying offer and just send traffic to it. Instead, it’s all about offer experience and value.
This formula been working extremely well for sites in the financial industry, as everyone is always looking to improve their wealth and personal finances. Instead of thinking about how you can make money with an offer, think about how you can provide more value to your audience, while also redirecting them to different offers as a solution. This often leads to much better conversion rates and earnings for the site or blog owner.
Selling Digital Products and Memberships
If you do not want to have advertisements on your blog, there are still ways through which you can make money. Digital products provide a unique opportunity for you to earn a steady income.
Additionally, you get to set the prices of your digital products to match the needs of your audience, while also running promotions or discounts at any given time. Among the many digital products you can sell include online courses, eBooks, music which can be used on other websites, applications, themes and plug-ins.
Some of the most popular solutions out there right now for getting this done, is GumRoad, Udemy and Teachable.
And once your blog has gained popularity across the globe and has become an online community, you may also want to consider your options with selling memberships. Such plans and benefits include allowing readers to enjoy an exclusive experience and services on your blog. And with each of the solutions mentioned above, monthly recurring plans are also available.
As referenced in this article from Forbes, according to The American Society of Training and Development:
‘65% of people are likely to meet their goal after telling someone else about it and their chances of achieving that goal increases to a massive 95% when they book ongoing progress checkins. This is called Accountability and it’s the key to success.’
For instance, if your blog is about careers, you may decide to charge a small fee that allows members to get access to your job board and communicate with future employers. Another option would be for monthly coaching or consulting plans. To enjoy more income from this venture, ensure that the membership is exclusive to ensure that your readers get value for their money.
However, if you are to become successful in this venture ensure that you sell products that your readers are looking for and not what you feel like creating. It’s not just about creating a product, but also knowing how to market it.
Selling Premium Services on Your Site
A blog is no doubt a great tool for marketing your services. Perhaps you are a virtual assistant, organizer or motivational speaker. Whatever services you offer, they can easily be enlisted through your blog since clients will get an opportunity to learn more about you and what you have to offer through the information contained on your blog posts.
When attempting to try and sell any type of services on your site, it’s important to establish yourself as an expert within your industry. This is especially true when doing any type of content creation or marketing in the world of social media.
A good example in this space to follow is Famoid, as they are in the business of social media promotion and gaining new followers — however, they are focusing a lot of time and effort on creating valuable resources for individuals and brands that are looking to increase their social media reach and marketing efforts.
In addition to creating content and resources through the use of a blog, it’s also a great idea to come up with any tools or downloads that you can offer to your audience as well. Again, referencing Famoid, they’ve created a solution to send 25 free Instagram followers to anyone that completes a simple form on their site.
How can your brand start doing something similar to increase user engagement and value?
How to Make the Most Money with Your Blog in 2021 and Beyond!
With more than a billion active website and blogs on the internet today, it can be quite a challenge to launch a new website and turn it into something amazing. However, there has also never been a better time to get started.
Once you start seeing some traffic coming through on your site, it’s important to split test the many different ways to start making money with a blog. The more you understand your audience and their needs, the better you will be able to cater to those needs and make money in the process.